Coal shipping firm Mitrabahtera Segara Sejati (MBSS), unit of Indika Energy (INDY) suffered loss of US$3.96 million in first half (H1) this year, narrowed from loss US$5.4 million in H1 last year. Revenues was flat at US$33.18 million. Revenues from tug and barge reached US$24 million and floating crane contributed revenues of US$9.3 million. MBSS’ customers are Adaro Indonesia which contributed US$5.6 million revenues, Cotrans Asia US$3.47 million, Kideco Jaya Agung US$2.87 million, and Berau Coal that contributed US$1.67 million revenues. The Company has cash of US$32 million. Its assets reached US$249 million while liability amounted US$56.26 million.
