Expanding Market Potential, Pertamina International Shipping Opens Opportunities For Cooperation

Photo/ PR Pertamina

JAKARTA - PT Pertamina International Shipping (PIS) opens up opportunities for cooperation with several companies, both domestic, regional and international which have the potential to be synergized with the PIS business.

For this reason, PIS is actively exploring foreign markets to expand market potential and realize the vision of becoming the Asian Leading Integrated Marine Logistics Company.

PIS Corporate Secretary, Arief Sukmara, in his statement said, to realize these aspirations, currently PIS also plans to implement a selective and prudent inorganic business development strategy.

"PIS has a target to become an Asian leading integrated marine logistics company and earn around US$4 billion in revenue in 2030," said Arief in an official statement, Sunday, January 16.

Arief continued, PIS does not only focus on the shipping sector which provides transportation services, but also terminal services and international standard storage.

The scope of transport cargo is not limited to the energy fuel sector such as fuel and crude, but also gas, petrochemical, and bulk/container cargo.

Arief further added that PIS is exploring the potential for cooperation with trusted global partners and players.

For the Asian region, PIS is exploring the potential for cooperation with companies in Singapore, Malaysia, Japan, Korea, China and other countries.

The potential being explored includes cooperation in the fuel terminal, especially for the region which is the hub of the Asia Pacific market.

Not only that, PIS is also exploring cooperation with companies in the Middle East region, including Saudi Arabia, UAE, Turkey. An assessment with stakeholders to find such partners has also been carried out.

Currently, PIS has also made several acceleration efforts to develop its business portfolio in the global arena. Currently, PIS ships have 11 international shipping routes, namely Africa, Saudi Arabia, UAE, Australia, Singapore, Malaysia, China, US, India, Algeria and Bangladesh which contribute to the Company's revenue through charter out activities.