Some news from Marco Polo Marine's subsidiary, PT Pelayaran Nasional Bina Buana Raya Tbk:
1. They are seeking to purchase another new AHTS before the end of 2013. I like this because this will allow them to capitalise on the higher rates in Indonesia more rapidly.
2. The management is projecting at least a double digit growth in revenue and profits in 2013!
Things are looking pretty good and the Indonesian growth story is cruising ahead at full steam......