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Monday, October 17, 2016

Pertamina Trans-Continental Adds Tanker Fleet



PT Pertamina Trans Kontinental (PTK), a subsidiary of PT Pertamina (Persero), this year added one more fleet of ships that would strengthen the tanker fleet to transport oil after receiving ship handover from PT Dry Dock World First (DDW).

The total investment for the construction of the Small Tanker 3500 LT DWT ship is the US $ 11.73 million. The handover of Arafura Transko from PT DDW Shipyard to PTK is faster than the specified delivery time schedule.

PTK President Director Soebagio Hari Moeljanto said the Arafura Transko was the first tanker built and owned by PTK. The construction of this Small Tanker has been adjusted to the specifications required by the user and has been adjusted to the latest regulations from IMO, SOLAS, MARPOL, CLASS ABS, and ISM.

"Arafuru Transco will be operated to support Pertamina Shipping activities and is targeted to contribute revenue to PTK of Rp 31 billion per year," said Soebagio

According to the Arafura Transko plan to serve Pertamina Shipping with a rental period of eight years. This small tanker type will be operated in the territorial waters of North Sumatra or Kalimantan and surrounding areas to support Pertamina Shipping operational activities.

In addition to the Arafura Transaction, PTK plans to carry out the delivery of a unit of Gil Barge 1100 KL named Ranau Transco, which was built by PT Patria Maritim Perkasa. The increasing fleet of PTK vessels will strengthen the PTK business as a subsidiary of Pertamina and increase the existence of PTK to compete globally in the shipping business.

Investor Daily, Page- 9, Saturday, Oct 15, 2016

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