TransportationIndonesia oil giant Pertamina to boost overseas tanker expansion
Tie-up with Japan's NYK provides tailwind for shipping unit seeking IPO by 2025
Pertamina International Shipping (PIS), led by CEO Yoki Firnandi, has embarked on an aggressive overseas expansion drive. (Photo by Erwida Maulia)
ERWIDA MAULIA and NATSUMI KAWASAKI, Nikkei staff writers
December 2, 2022 13:22 JST
JAKARTA/TOKYO -- The tanker subsidiary of Indonesian state oil giant Pertamina is accelerating its international expansion and green cargo drive through a new alliance with Japanese shipper Nippon Yusen, amid surging demand for energy transport fueled by Russia's invasion of Ukraine.