Early this year, FC Lotus Satu, a vessel owned by Arpeni Pratama Ocean Line (APOL) sank in Belitung rivers. Arpeni blamed bad weather. The shipping company literally sinks, no doubt. It suffered net loss of Rp2.06 trillion or about US$225 million last year, expanded from Rp1.63 trillion in 2010. That has lifted its capital deficiency and cut down total assets.

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