Our Story
Agritrade Resources is an integrated coal and shipping solutions provider, headquartered in Singapore. Every day in Asia, we respond to the call for sustainable mining, cleaner coal solutions and affordable energy access. This is complemented with our diversified fleet of vessels to support the logistics needs of our international clients.
Agritrade Resources is listed on the Hong Kong Stock Exchange. Agritrade International, a leading commodity trading house with strong distribution network in commodities such as coal, oil and palm oil within South East Asia, is Agritrade Resources’ largest shareholder, with a 56.57% stake.
Business Model
Energy Solutions
Agritrade Resources is a diversified energy provider with strong expertise in coal and renewable energy. Coal is integral in providing affordable energy, at the same time, there is a growing demand for renewable energy. To complement these trends, the Group developed presence in these two important aspects.
Integrated Coal Mining
Agritrade Resources is the first to introduce large-scale, fully-mechanised underground coal mining in Indonesia. We are the only coal player currently with the expertise to unlock the large-scale underground coal potential in Indonesia. This technical and production niche, together with our integrated supply chain solutions from pit-to-port, enables us to transport the coal efficiently and reliably to our customers.
Through our subsidiaries, Agritrade Resources owns and operates two coal mines and provides contract mining for one mine in Indonesia. Located in Central and South Kalimantan, the mines produce varying grades of bituminous and sub-bituminous, low-sulphur, low pollutant thermal coal to cater to our international and domestic clienteles.
From providing coal origination, processing and surface and transhipment logistics services, Agritrade Resources efficiently supplied and marketed around 4 million tonnes of varying grades of coal in 2015.
Renewable Energy
Agritrade Resources owns a biodiesel plant in Arkansas, United States that sits on a wide area of 38.2 acres of land. Biodiesel is a sustainable and cleaner burning fuel that diversifies the energy complex and reduces exhaust emissions.
As part of the integrated value chain model, the Group converts natural fats, oil and greases and turn it into biodiesel – an advanced biofuel. The biodiesel plant is strategically located in Memphis, a major biofuel refining and distribution centre in the United States. Production from this biodiesel plant caters to the increasing demand for renewable energy in the US market.
Shipping
Agritrade Resources, through our shipping arm Sea Oriental Line (Pte Ltd), is the preferred one-stop partner for maritime transportation and storage solutions. Beyond the fleet of Very Large Crude Carrier (“VLCC”) vessels, the Group also owns a Panamax as well as six sets of tugboats and barges, to support and complement our clients’ logistic chain. Our key differentiation lies in the ability to provide customised and value-added solutions, around the clock.