Providing comprehensive shipping, logistics and marine services to its customers, PT Pertamina International Shipping (PIS) is a global shipping company that is set on its mission to be a reliable maritime partner. By developing its role across the international shipping sphere, PIS aims to be an agent of Indonesian economic development. This economic development largely hinges on the distribution of energy across Indonesia’s waters, and so has grown its expertise in the shipping and logistics of energy resources within the petrochemical market to position it as a leading global shipping and marine logistics company that supports the international distribution of vital energy resources needed to fuel life.
Established in 2016, PIS began its operations as an offshoot of PT Pertamina (Persero) which was Indonesia’s state-owned company responsible for oil and gas development and distribution. Once PIS was formed, it acquired a sub-holding of the shipping, marine services, and logistical business Integrated Marine Logistics (IML). These two aspects of PIS are evident in its operations today as it utilises its expertise in the shipping and logistics sector with IML and delivers this to the energy sector for the global development of energy distribution. Today, PIS own more than 400 vessels, 6 fuel and LPG storage terminals, and is in operation across 140 ports worldwide. Since it began operations almost 10 years ago, the company has continued to expand its operations, particularly in the Asia Pacific and Middle East Regions, to serve a growing portfolio of international clients with its vessels that currently sail 50 international shipping routes every year.
As a vital shipping and logistics company, it is no surprise that a large part of PIS’ daily operations spans the shipping sector supporting its 101 owned vessels, and 360 owned PTK vessels. Across these vessels, PIS is committed to providing the best possible services ensuring that its extensive fleet, managed by a team of industry experts, meets the needs of its customers every day. Across its fleet network, PIS operates product carriers responsible for distributing refined fuel products and processed commodities across Indonesia’s islands. The fleet spearheads PIS’ energy delivery efforts, supported by its trusted and reliable shipping expertise.
For gas products, PIS operates the Pertamina Gas Amaryllis VLGC ship. The vessel carries gas products operating on DualFuel technology. The vessel signifies a big shift towards reducing carbon emissions and embracing the cargo diversification of environmentally friendly fuels across the shipping industry. The vessel, designed to lead the way in safeguarding marine ecosystems, highlights PIS’ commitment to carbon reduction throughout every aspect of its operations.
For crude products, PIS’ crude carriers include 3 VLCC, POS Pioneer, Pertamina Prime and Pertamina Pride. These vessels are in operation across global markets, providing crude transportation through spot chartering and free on-board schemes. The vessels feature an Ecoship Design with IMO Tier III and SIRE standards which feed into PIS’ commitment to moving towards more environmentally conscious operations.
In addition to this, PIS also operates petrochemical carriers, set on enhancing its role in the petrochemical cargo market. The petrochemical market is one that has been rapidly expanding in recent years, and so PIS has introduced a new fleet of vessels to serve this growing market on both a domestic and international scale. The company developed the PIS Mahakam, its first petrochemical ship, which marked a vital milestone for the company in its journey towards a net-zero carbon future.
PIS also operates floating storage vessels, including the Abherka, which provides the necessary storage facilities for the energy market. The vessel highlights PIS’ dedication to fostering offshore business development, and so the vessel plays a valuable role in supporting Indonesia’s energy security for the future of energy storage.
PIS’ development for the future of Indonesia’s energy storage industry was highlighted in October, with the announcement that the company would be diversifying its cargo transportation and extending its shipping network to move bitumen cargo. The development aims to draw closer collaboration between Pertamina International Shipping (PIS) and Pertamina Patra Niagra (PPN). The partnership would see bitumen cargo transported by PIS. Bitumen is a valuable hydrocarbon with adhesive properties, often also known as liquid asphalt. By diversifying its transport solutions in this way to extend to bitumen, PIS demonstrates the company’s growing competitiveness in the growing petrochemical cargo market.
Arief Sukmara, Director of Gas, Petrochemical and New Business at PIS highlighted in the press release on PIS’ beginning transportation of bitumen cargo, that “In this collaborative scheme, PIS proves its readiness to grow its business through cargo diversification, particularly in the petrochemical sector. PNN’s trust in us to transport bitumen cargo is an immense honour, further establishing PIS as a reliable strategic shipping partner”. Sukmara’s comments highlight the growing role that PIS is playing as a global shipping partner driving the future of the energy sector.
Throughout all of PIS’ operations, there is a firm commitment to accelerating its operations towards net zero emissions. This is something that the Indonesian government has been passionate about with the goal to reach net zero by 2060. For PIS, it aims to cut its emissions by 978 kilotons of carbon dioxide by 2030 and reach net-zero emissions across its operations by 2050. This goal would put the company 10 years ahead of the governmental goals and highlight the valuable role shipping companies must play in moving towards carbon reduction.
PIS Business Planning Director, Eka Suhendra, outlines at the 2024 Gastech Exhibition and Conference held in Texas in October, that for PIS, “we recognise that the shipping industry significantly contributes to global carbon emissions, especially from vessel fuel combustion. Therefore, we are committed to reducing this negative impact through innovation and the adoption of the latest technologies, including green fuels like LPG, LNG and ammonia”. Suhendra’s comments highlight PIS’ commitment to being a leader for change in the shipping industry as it moves towards more sustainable ways of facilitating its shipping operations. Now more than half of PIS’ fleet is equipped to operate on biofuel or other green fuel alternatives which continue to help PIS meet its goals, whilst protecting the planet in the process.
As we have seen, PIS’ mission to be a trusted and reliable maritime partner for Indonesia has been largely successful. Each year the company is growing in size and expanding its shipping offerings across even more regions through strategic partnerships which are enhancing its overall shipping infrastructure. However, throughout every aspect of its operations, you can see PIS’ commitment to sustainably delivering these results through the adoption of green fuel to take the company into the next generation of shipping operations. We look forward to seeing how the adoption of green fuels expands across its fleets, and how it will continue to play a vital role in the shipping and distribution of Indonesia’s energy and cargo industries.
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