Pt Logindo Samudramakmur Tbk. Reports Earnings Results for the First Quarter Ended March 31, 2020

PT Logindo Samudramakmur Tbk is an Indonesia-based company, which owns and operates a diverse range of offshore support vessels to support the oil and gas industry. The Company is focused on liner domestic sea freight transportation services and trampers for passengers and goods. Its services are anchor handling tugs and anchor handling supply vessels, platform supply vessels, diving support and utility vessels, crew boats, patrol boats, landing craft tanks, tugboats, barges, and accommodation work barges. It owns and operates 45 diverse types of offshore support vessels to support the upstream oil and gas industries. It also operates a 24/7 repair and maintenance workshop to maintain the availability of its vessels to support the customers’ operation. It also delivers marine services in different areas of Indonesia, along shorelines and also in the deep waters of the region.