Jakarta,- PT RMK Energy Tbk (RMKE) has achieved an impressive milestone by loading 946 coal vessels as of October 2024, generating a total volume of 7.5 million tons. This represents an 18.9% increase compared to the same period last year, which recorded 6.3 million tons.

This growth was bolstered by the strong performance in October, during which RMKE achieved its highest monthly volume in operational history by loading 1.1 million tons of coal in a single month.

“With this volume, RMKE has achieved 75.1% of the service volume target set for this year,” stated RMKE’s President Director, Vincent Saputra, in a statement on Friday, November 22.

In addition to transportation services, RMKE’s coal sales segment also recorded significant growth. By October 2024, the company had sold 2.31 million tons of coal, an increase of 16.5% year-on-year (YoY).

These sales accounted for 66% of the annual target. Of the total sales volume, the export segment contributed 67%, while the domestic market accounted for 33%. The majority of sales volume came from third-party mines, with in-house mines contributing 32%.

Despite coal prices stabilizing or declining, Vincent explained that the growth in sales volume has successfully offset the impact of price normalization. He also highlighted that the increased demand for coal in the second half of 2024, particularly ahead of the winter season, has served as a positive catalyst for the company.

“In October 2024, we recorded our highest monthly service volume at 1.1 million tons. This volume has been increasing each month, which gives us confidence that we can achieve this year’s target,” Vincent stated.

Looking ahead, RMKE plans to prioritize the growth of its coal transportation services and sales volumes. A key strategic step includes acquiring new customers, supported by the completion of its coal hauling road project, which is expected to be finalized this year.

According to Vincent, this project will further strengthen the company’s operational capacity to meet market demand, particularly from the export segment, despite coal prices being influenced by global geopolitical and economic conditions.