iShares Emerging Markets Fund (CWO)

Overview

Established in 2011 and headquartered in West Jakarta, Indonesia, PT Pelayaran Kurnia Lautan Semesta Tbk specializes in providing comprehensive sea transportation solutions within Indonesia. The company plays a crucial role in the transportation of various commodity goods, catering to the needs of diverse industries. As a subsidiary of Kurnyatjan Sakti Efendie, it has positioned itself as a key player in the maritime logistics sector, leveraging its fleet and expertise to support Indonesia's thriving mining and construction sectors among others. Through strategic investments and a diversified service offering, PT Pelayaran Kurnia Lautan Semesta Tbk has carved out a niche in Indonesia's competitive sea transportation landscape.

Products and Services

• Sea Transportation Services

  As the core of its business, PT Pelayaran Kurnia Lautan Semesta Tbk specializes in the maritime transportation of bulk commodity goods. This includes essential items such as quartz sand and nickel, which are vital to various sectors including construction and manufacturing. Utilizing a fleet of four sets of tugboats and barges, the company ensures efficient and reliable delivery of cargo across Indonesia's vast archipelago.

• Quartz Extraction

  Expanding beyond transportation, the company engages in the extraction of quartz. This involves the mining of high-quality quartz sand, a critical raw material used extensively in the production of glass and other industrial materials. This vertical integration allows the company to offer competitive pricing and ensure the supply of raw materials for its transportation services.

• Flat Glass Sales

  Building on its quartz extraction operations, PT Pelayaran Kurnia Lautan Semesta Tbk also ventures into the sale of flat glasses. This product line leverages the raw materials sourced from its mining activities, offering various industries with essential materials for construction and manufacturing, hence diversifying its revenue streams.

• Heavy Equipment and Dump Truck Leasing

  To support Indonesia's bustling mining operations, the company provides leasing services for heavy equipment and dump trucks. This service is essential for mining companies that require reliable machinery for their operations but prefer leasing over purchasing to optimize their capital expenditure.

• Management Consulting and Investment Services

  Expanding its offerings beyond logistics and mining, PT Pelayaran Kurnia Lautan Semesta Tbk also delivers management consulting and investment services. This facet of the business caters to companies seeking expertise in navigating the complexities of Indonesia's business landscape, as well as those looking for strategic investment opportunities.