PT Pertamina International Shipping (PIS) will collaborate with Dubai-based BGN International Dmcc to develop gas vessel transportation in Indonesia. As per the agreement, the companies will jointly own Very Large Gas Carrier (VLGC) vessels, LPG cargo transportation, and vessel leasing. The first two vessels are expected to be operational by Q1 2024.
The partnership will enhance PIS’ maritime fleet, facilitating the growing energy trading business and supporting the country’s energy system.