On 8 January 2026, Geo Energy completed the acquisition of a 51% equity stake in established Indonesian shipping companies specializing in commodity logistics, including coal and other non-mining products in Indonesia.

Marine Logistics

Trans Maritim Pratama & Bahari Segara Maritim

TMP and BSM are integrated sea transportation companies that offer a wide range of maritime energy transportation services, supporting vertical integration of the Group’s logistics supply chain in South Sumatera. These two shipping companies have a combined track record of around 10 years in building and operating a fleet of tugs and barges, supported by the necessary permits and licenses, access to funding, and experienced manpower. Securing and maintaining own high-quality marine logistics is equally crucial to the entire logistics chain as it reduces reliance on third-party transporters, increases operational reliability and further improves the Group’s operating margins. With a ready fleet and a robust operating platform, TMP and BSM are well-equipped to support the Group’s logistics expansion and long-term business growth. Beyond supporting the Group’s MBJ operations with an annual throughput capacity of approximately 40 to 50 million tonnes per annum, the marine logistics arm also enables the Group to diversify its revenue streams through the provision of barging services to third-party customers, while expanding the Group’s asset base to support future earnings contribution.

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