Resources Global Development Ltd. (V7R)

Overview

Resources Global Development Limited is an investment holding company that has carved a niche for itself in the coal trading and coal shipping industry. Established in 2005 and headquartered in Singapore, the company extends its services across Singapore, Indonesia, Philippines, and the People's Republic of China. Operating under two primary segments, Trading Business and Shipping Services, Resources Global Development Limited has become a pivotal player in procuring and supplying thermal coal as well as offering coal transportation services through its fleet of Indonesian-flagged vessels. As a subsidiary of Deli International Resources Pte. Ltd., the company represents a significant component of its parent company's investment portfolio.

Products and Services

• Coal Trading:

The coal trading arm of Resources Global Development Limited focuses on the procurement of thermal coal from mines located in South Kalimantan. This coal is then supplied to various coal traders who ultimately serve domestic end-users. This segment thrives on the company's ability to source and supply coal efficiently, catering to the demand within the energy sector, especially in regions where thermal coal is a primary source of energy.

• Coal Shipping Services:

In complement to its coal trading business, the company offers coal shipping services that specialize in chartering services. This includes the provision of tugboats, barges, and bulk carriers for the purpose of transporting coal primarily from mines in South Kalimantan to other locations. The operation of an Indonesian-flagged fleet, consisting of tugboats and bulk carriers, positions Resources Global Development Limited as a key logistics provider in the coal supply chain, ensuring timely and safe delivery of coal to its clients.