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  4. NYK and Pertamina sign energy transportation MoU

NYK and Pertamina sign energy transportation MoU

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LNG Industry,

NYK has announced that it has signed a memorandum of understanding (MoU) on energy transportation with PT Pertamina International Shipping (PIS), a wholly owned subsidiary of PT Pertamina (Persero) (Pertamina).

According to the statement, demand for energy transportation, particularly LNG, is expected to increase in Indonesia. In order to address this demand, Pertamina and NYK have agreed to work together.

This agreement positions the two companies as strategic partners in energy transportation and covers ownership and management. The companies have already commenced talks regarding a detailed joint business, particularly involving the ownership and management of LNG carriers as exclusive partners.

In accordance with its new medium-term management plan ‘Staying Ahead 2022 with Digitalization and Green’, NYK will continue its efforts to secure stable-freight-rate businesses and contribute to reliable energy supplies through safe transportation.

Read the article online at: https://www.lngindustry.com/lng-shipping/27112019/nyk-and-pertamina-sign-energy-transportation-mou/

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