The Fleet Development

A recent dramatic expansion in Indonesia and the Asia Pacific region of raw material and energy goods such as oil, CPO and Gas (LNG and LPG). Even during economic turmoil, oil and gas remains to be a prospective industry in Indonesia and the region. Furthermore, Pertamina, as Indonesia’s major tanker end-user is poised to upgrade its fleet on the basis of medium/long term charter instead of on the spot charter hire. In order to obtain optimal service shipping companies.