PT Pertamina Worldwide Delivery (PIS) has reported $3.48 billion in income for 2024, up 4.4 % from 2023. Revenue grew 69.3 % from $329.9 million in 2023 to $558.6 million in 2024.
“This robust monetary efficiency proves that the enterprise transformation now we have carried out is on the proper path and affirms PIS’s place as one in all Asia’s respected maritime logistics firms. This enterprise development not solely marks company development but in addition will increase our contribution to nationwide power safety”, PIS Company Secretary Muhammad Baron stated.
All through 2024, PIS transported 161 billion liters (42.5 billion gallons) of power. It added 10 new tankers, together with 4 VLGCs: Pertamina Gasoline Caspia, Dahlia, Tulip, Bergenia, PIS Jawa, Kalimantan, Kerinci, Rinjani, Rokan and Natuna. It had 102 vessels by year-end, the corporate stated.
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“PIS continues to strengthen its fleet and improve home cargo transportation capability consistent with rising nationwide power demand. PIS is focusing on greater transport capability to make sure power availability and help Asta Cita’s nationwide power independence agenda”, Baron added.
By 2024, PIS vessels operated 65 worldwide routes, up from 11 in 2021. To satisfy rising international demand, PIS opened three worldwide places of work in Singapore, Dubai, and London by way of its subsidiary PIS Asia Pacific, growing non-captive income from 4 % in 2021 to 19 % in 2024, the corporate stated.
“We’re grateful that PIS’s achievements, pushed by more and more environment friendly enterprise transformation, have had a constructive impression on the event of the nationwide maritime trade. That is a part of PIS’s dedication to revitalize numerous home industries and drive Indonesia’s economic system sustainably”, Baron stated.
To contact the writer, e-mail andreson.n.paul@gmail.com
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