Welcome!

News Feed Item

Morlison International Signs MoU with China Coal Solution for Indonesian Partnership



Singapore, May 13, 2014 - (ACN Newswire) - Singapore based Morlison International Resources Pte Ltd is pleased to announce that through its Indonesian subsidiary PT Tenaga Resources, has signed an MoU with China Coal Solution Pte Ltd. The two Companies have the intention to enter into a formal written binding agreement for the purposes of jointly sourcing and marketing Indonesian thermal coal, as well as other Indonesian coal related opportunities.

This partnership will bring multiple synergies to the respective companies who can now jointly control every step of the coal mining and trading value chain, from mining all the way to delivery to the end users. Furthermore, the two Companies have come to a co-branding agreement and they with jointly offer thermal coal to third parties under the name TR-CSS, forming a partnership to explore markets in China, India, South East Asia, to begin with. The first cargo of Tenaga Resources GAR4200 coal started loading on 10 May.

Mr. Thariq Mahmud, CEO of Morlison International Resources stated: "We are starting a healthy partnership with an elite company in the coal trading and logistics space. Our relationship will be based on mutual respect and share of a common vision of sustainable growth and higher profit margins, to make our respective companies the best in our field. Morlison is excited about the next steps and will support this effort with all its power".

About China Coal Solution (Singapore) Pte Ltd

China Coal Solution (Singapore) Pte Ltd is a subsidiary of CCS Supply Chain Management Co., Ltd, a leading expert of coal supply chain management service in China. The company provides multi-variety, one-stop and full-process coal supply chain service. CCS has established subsidiary companies or set up offices separately in Indonesia, Singapore and Hong Kong. The company was successfully listed on the Shanghai Stock Exchange (ccs supply chain manageme-a (600180:Shanghai)) and is one of the members in China's A-share. Year over year, CCS Supply Chain Management Co., Ltd. has been able to grow revenues from CNY5.3B to CNY6.5B, grow its bottom line from CNY381.8M to CNY471.2M and increase its Total Assets from CNY 2,025.5 to CNY 6,629.8B, y-o-y 2012-2013.

About Morlison International Resources Pte Ltd

Morlison International Resources Pte Ltd is the parent of PT. Multi Energy Sumber Artha, a well established integrated logistics, mining and trading group which has been operating in Indonesia since 2008. Through its subsidiaries, Morlison is mining and trading approximately 1 Million metric tons of Indonesian thermal coal per year, with a view of expanding to 2 Million metric tons by 2015 through the development of its own assets in East Kalimantan, Indonesia. Morlison has been operating profitably for the past three years with revenues reaching USD24m for the YE2012. For more information: www.morlison.com

Source: Morlison International Resources Pte Ltd

Contact:
Morlison International Resources Pte Ltd
80 Raffles Place
#16-20 UOB Plaza 2
Singapore 048624
Phone: +65 6438 1330
Email: [email protected]

PT. Multi Energy Sumber Artha
Alamanda Tower, 22nd Floor, Unit C
Jl. TB. Simatupang Kav. 23-24
Jakarta Selatan 12430
Phone: +62 21 29661616
Fax: +62 21 29661661




Copyright 2014 ACN Newswire. All rights reserved.

More Stories By ACN Newswire

Copyright 2008 ACN Newswire. All rights reserved. Republication or redistribution of ACN Newswire content is expressly prohibited without the prior written consent of ACN Newswire. ACN Newswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
For financial firms, the cloud is going to increasingly become a crucial part of dealing with customers over the next five years and beyond, particularly with the growing use and acceptance of virtual currencies. There are new data storage paradigms on the horizon that will deliver secure solutions for storing and moving sensitive financial data around the world without touching terrestrial networks. In his session at 20th Cloud Expo, Cliff Beek, President of Cloud Constellation Corporation, w...
While some vendors scramble to create and sell you a fancy solution for monitoring your spanking new Amazon Lambdas, hear how you can do it on the cheap using just built-in Java APIs yourself. By exploiting a little-known fact that Lambdas aren’t exactly single threaded, you can effectively identify hot spots in your serverless code. In his session at 20th Cloud Expo, David Martin, Principal Product Owner at CA Technologies, will give a live demonstration and code walkthrough, showing how to ov...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
SYS-CON Events announced today that Outscale, a global pure play Infrastructure as a Service provider and strategic partner of Dassault Systèmes, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2010, Outscale simplifies infrastructure complexities and boosts the business agility of its customers. Outscale delivers a secure, reliable and industrial strength solution for its customers, which in...
New competitors, disruptive technologies, and growing expectations are pushing every business to both adopt and deliver new digital services. This ‘Digital Transformation’ demands rapid delivery and continuous iteration of new competitive services via multiple channels, which in turn demands new service delivery techniques – including DevOps. In this power panel at @DevOpsSummit 20th Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, panelists will examine how DevOps helps to meet th...
As DevOps methodologies expand their reach across the enterprise, organizations face the daunting challenge of adapting related cloud strategies to ensure optimal alignment, from managing complexity to ensuring proper governance. How can culture, automation, legacy apps and even budget be reexamined to enable this ongoing shift within the modern software factory?
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...
SYS-CON Events announced today that A&I Solutions has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 1999, A&I Solutions is a leading information technology (IT) software and services provider focusing on best-in-class enterprise solutions. By partnering with industry leaders in technology, A&I assures customers high performance levels across all IT environments including: mai...
Every successful software product evolves from an idea to an enterprise system. Notably, the same way is passed by the product owner's company. In his session at 20th Cloud Expo, Oleg Lola, CEO of MobiDev, will provide a generalized overview of the evolution of a software product, the product owner, the needs that arise at various stages of this process, and the value brought by a software development partner to the product owner as a response to these needs.
Most technology leaders, contemporary and from the hardware era, are reshaping their businesses to do software in the hope of capturing value in IoT. Although IoT is relatively new in the market, it has already gone through many promotional terms such as IoE, IoX, SDX, Edge/Fog, Mist Compute, etc. Ultimately, irrespective of the name, it is about deriving value from independent software assets participating in an ecosystem as one comprehensive solution.
SYS-CON Events announced today that EARP will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. "We are a software house, so we perfectly understand challenges that other software houses face in their projects. We can augment a team, that will work with the same standards and processes as our partners' internal teams. Our teams will deliver the same quality within the required time and budget just as our partn...
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @ThingsExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
SYS-CON Events announced today that Tappest will exhibit MooseFS at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. MooseFS is a breakthrough concept in the storage industry. It allows you to secure stored data with either duplication or erasure coding using any server. The newest – 4.0 version of the software enables users to maintain the redundancy level with even 50% less hard drive space required. The software func...
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
SYS-CON Events announced today that Systena America will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Systena Group has been in business for various software development and verification in Japan, US, ASEAN, and China by utilizing the knowledge we gained from all types of device development for various industries including smartphones (Android/iOS), wireless communication, security technology and IoT serv...