COAL

Far East Distribution Pte Ltd has set up a joint venture operation for coal mining and supplies in Indonesia and has a coal mine with a current reserve of approximately 2 million MT (+/-15%). In addition to this, Far East Distribution Pte Ltd has an exclusive tie-up of another 1.5million MT of coal.

The joint venture transacts approximately between 3-4 shipments of 50,000 MT vessels every month from South Kalimantan. With this infrastructure in place, Far East Distribution Ptd Ltd has the ability to offer immediate commencement of shipment within 2-3 weeks after opening of the letter of credit.

With its excellent link with the shipping line, CFR or CIF shipment can be undertaken depending upon the discharging port and conditions prevalent there and other factors.


 
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