Completion of investment agreement and strategic partnership agreement with Indonesian state-owned Pertamina Shipping Subsidiary

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NYK has entered into a basic agreement with PT Pertamina International Shipping, a shipping subsidiary of PT Pertamina, an Indonesian state-owned oil and gas related company, in October this year. signed a contract related to the investment in At the same time, we signed a long-term strategic partnership agreement with PIS.

The signing ceremony held in Tokyo on December 1 was attended by HE Heri Akhmadi, Ambassador Extraordinary and Plenipotentiary of the Republic of Indonesia to Japan, Nicke Widyawati, President of Pertamina, and Yoki Firnandi, President of PIS. .

Pertamina is the largest state-owned oil and gas company whose shares are owned by the Government of the Republic of Indonesia. In Indonesia, where energy demand is expected to continue to increase in the future due to rapid economic growth, we have been collaborating on ship management in the energy transportation field with PIS, a shipping subsidiary of the company, which is a key player.

In the future, we will be involved in the transport of crude oil, petroleum products, and LNG, the FSRU (floating LNG storage and regasification unit) business, and the recovery of CO 2 (carbon dioxide) , for which demand is expected to grow toward the realization of a carbon-neutral society.・We will contribute to the development of Indonesia by collaborating with PIS in a wide range of businesses, including the carbon capture and storage (CCS) business (Note).

Comment from Akira Kono, Senior Managing Executive Officer, General Manager, Energy Business Division, NYK Line
“We are very pleased to have invested in PIS and concluded a long-term strategic partnership agreement with the company, and look forward to various collaborations in the energy field with Pertamina and PIS in the future. Pertamina, PIS. We combine the technological capabilities that we have cultivated over many years in the energy field, the network that extends throughout the world and in Indonesia, and the knowledge and technology that we have led the shipping industry as one of the world's largest shipping companies. We would like to contribute to the development of Indonesia through our business.”

Photo of the signing ceremony (
from left)
Abdi Mustakim: Assistant Deputy for Energy, Oil, and Gas Industry / Ministry of State Owned Enterprises Republic of Indonesia
Hitoshi Nagasawa: Nippon Yusen Kabushiki Kaisha President
Akira Kawano: Nippon Yusen Kabushiki Kaisha Senior Managing Executive Officer
Yoki Firnandi :Chief Executive Officer / PT Pertamina International Shipping
Nicke Widyawati:President Director & CEO / PT Pertamina(Persero)

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