Buana Lintas Lautan Strengthens LNG Fleet with New Vessel

Strategic Expansion in LNG Transportation

PT Buana Lintas Lautan Tbk (BULL), a leading shipping company, has taken significant steps to bolster its LNG (Liquefied Natural Gas) transportation capabilities with the arrival of its first LNG tanker, MT Gas Garuda. The vessel boasts an impressive capacity of 145,914 CBM and measures 285.4 meters in length, marking a substantial addition to BULL's fleet.

Business Impact and Strategic Significance

The new LNG tanker will be fully integrated into BULL's operations, serving both international and domestic shipping routes. According to Company Secretary Krisnanto Tedjaprawira, this acquisition is a key component of BULL's strategic development plan, specifically focusing on the second pillar: LNG transportation. The company plans to continue expanding its LNG fleet through both organic growth via new purchases and inorganic growth through acquisitions of existing LNG tanker fleets.

Market Positioning and Future Prospects

This strategic move is expected to significantly enhance BULL's market position in the LNG shipping sector. The addition of MT Gas Garuda to its fleet will not only boost revenue in 2026 but also strengthen BULL's competitive edge in the industry. As global demand for LNG continues to grow, driven by the transition to cleaner energy sources, BULL is well-positioned to capitalize on this trend with its expanded LNG transportation capabilities.