Key insights and market outlook
PT Pertamina International Shipping (PIS) and PT PAL Indonesia have signed a Memorandum of Understanding (MoU) to strengthen their maritime cooperation. The agreement focuses on ship maintenance and development, capacity building, and enhancing workforce quality. This strategic partnership aims to boost Indonesia's maritime industry and create new business opportunities through asset optimization and synergy between the two state-owned enterprises.
PT Pertamina International Shipping (PIS) and PT PAL Indonesia have formalized their collaboration through a Memorandum of Understanding (MoU) signed on December 24, 2025. The agreement marks a significant step in strengthening maritime cooperation between the two state-owned enterprises. The MoU was signed by PIS CEO Surya Tri Harto and PAL Indonesia CEO Kaharuddin Djenod, witnessed by Pertamina's Director Simon Aloysius Mantiri.
The partnership between PIS and PAL Indonesia focuses on several key areas:
This collaboration is particularly significant as PIS operates one of the largest fleets in Southeast Asia, managing approximately 750 vessels. The partnership is expected to create substantial value for Indonesia's maritime sector by:
The MoU signing ceremony was attended by Pertamina's Director Simon Aloysius Mantiri, who emphasized the importance of this collaboration in supporting PIS's ongoing transformation. The partnership is seen as a crucial step in addressing the challenges faced by the energy industry both domestically and globally.
As both PIS and PAL Indonesia are key players in Indonesia's maritime industry, this strategic partnership is expected to have far-reaching implications. By combining their expertise and resources, the companies aim to not only enhance their operational capabilities but also contribute to the development of Indonesia's maritime industry as a whole.
Strategic MoU Signing
Maritime Partnership Establishment