Armada Rock Karunia Transshipment Pte Ltd was established in Singapore in September 2010. Together with its subsidiaries and associates (collectively “ARK” or “ARK Transshipment”), ARK owns, operates and manages floating cranes / loading facilities and tugs & barges to provide innovative and reliable fully-integrated offshore transshipment solutions for the coal and dry bulk industries of Indonesia and South-East Asia. Aiming to be one of the leading offshore transshipment companies in the region, ARK is always improving our capabilities to better meet our clients’ needs and at the same time continuing to invest in enhancing our traditional strengths. Driven by growing demand of coal and other dry bulk commodities, ARK is also extending our geographic reach with more assets and new operational areas. With our strong association with the top coal producers in Indonesia and the major power plant operators in Indonesia and overseas, we are poised to play an important role in the sea-borne coal industry in Indonesia and South-East Asia. The continuous expansion and reorganisation of our fleet with a flexible operations strategy allows us to optimise usage of our vessels and diversify into other businesses as and when the opportunity arises. We maintain long term and strong relationships with our stake-holders and partners such as clients, shippers, agencies and also financial institutions, as part of our team effort to build a leading offshore transshipment company operating in Indonesia and South-East Asia. Xiamen ITG Group Co., Ltd. (via a wholly-owned subsidiary), became a shareholder of ARK in January 2021. Xiamen ITG Group was established in 1980 and listed on the Shanghai Stock Exchange in 1996 (stock code: 600755) with core businesses in supply chain management and financial service. Parent company Xiamen ITG Holding Group Co., Ltd. (a state-owned business group under the Xiamen Municipal Government) is a Fortune Global 500 Company.