Habco Trans Maritima Buys Union Lotus Bulk Carrier for USD 25.6 Million

• Habco Trans Maritima purchased the Union Lotus bulk carrier on October 26, 2026, for USD 25.6 million (IDR 457.11 billion).
• The vessel, acquired from unaffiliated Coastline Shipping, will be renamed Habco Antlia.
• The transaction represents 27.92% of equity, requiring no shareholder approval; an independent appraiser deemed it fair.
• A long-term time charter with an unaffiliated international third party is planned to address customer demand exceeding fleet capacity.
• Based on June 30 financial statements, the purchase reduces current assets by 24.76% while increasing noncurrent assets by 33.36%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Habco Trans Maritima Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32169648) on October 28, 2026, and is solely responsible for the information contained therein.