ABL strengthens market value and global reach through TSA acquisition
Asian Bulk Logistics (ABL), has finalised its acquisition of Transhipment Services Australia (TSA), becoming its sole shareholder. Through this acquisition, TSA is now integrated into ABL’s expanding global network of logistics and infrastructure services.
ABL, headquartered in Indonesia, is a world-class provider of integrated logistics and infrastructure solutions. Since its founding in 2010, ABL has evolved from an early-stage operation with just four cargo transfer ships into a diversified global player in integrated logistics and infrastructure.
The acquisition of TSA provides a broad range of solutions in the transhipment sector including greenfield development through to advanced operational stages; the company handles more than six million tonnes of commodities per annum through six barges and one floating crane operations in Skardon River area is located on the northwest coast of Cape York Peninsula in Queensland, Australia.
TSA designs and executes transhipment solutions in some of the world’s most complex and remote environments. With extensive expertise in marine and port design, oil and gas logistics, mining operations, and tug-and-barge transport, TSA consistently delivers solutions that are safe, efficient, and scalable.
Bill Bisset, the new CEO of TSA, brings his extensive experience in managing multinational logistics companies across Europe, Australia, and North America. His career has been built on leading complex transformations, scaling operations, and building high-performing, values-driven teams.
“Bringing TSA into the ABL global group of companies provides many opportunities to expand our customer base, enhance our suite of solutions and deliver world-class logistics services. This expansion continues on from the successful joint acquisition of One Rail Australia (ORA) in 2023. This framework embodies ABL’s strategic vision in acquiring TSA, acknowledging its significant potential that was previously hindered by restricted access to financial markets. As a member of the ABL Group, TSA will now have stronger financial support and access to equity when required, allowing it to unleash its full growth potential. Additionally, by combining the assets and technical expertise of both ABL and TSA, the company can enhance operational efficiency, expand its capacity and flexibility of asset deployment”, said ABL President Director, Ika Bethari.