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Pertamina International Shipping takes over Peteka Karya Tirta's shares

08 October 2021 12:12

JAKARTA - PT Pertamina International Shipping (PIS) has now transformed from Subholding Shipping to Subholding Integrated Marine & Logistics. In an effort to support this transformation, PIS, based on the results of the General Meeting of Shareholders (GMS), took over all shares owned by PT Pertamina (Persero) in PT Peteka Karya Tirta, where the surrender of all shares was used as PT Pertamina (Persero)'s equity participation in the Company. 

President Director of PT Pertamina (Persero), Nicke Widyawati at the event said, "The takeover of PKT shares by PIS is one of our efforts to increase the company's value, in this case Pertamina International Shipping (PIS) which has been transformed into subholding integrated marine & logistics, I hope that PIS can increase the company's profitability through optimizing performance, both in terms of ship operational performance and the management of 6 strategic terminals," she said.

In Q3 2021, PIS which is currently a Subholding Integrated Marine Logistics has succeeded in making several achievements in terms of ship operational performance, this is inseparable from several strategic efforts carried out such as changes in mindset, changes in procedures and working methods, optimization of the support system and continuous improvement in providing added value to Owned Ships by implementing Best Practice in Ship Management and Benchmarking mechanisms with external Ship Management.

Meanwhile, to optimize the management of the 6 strategic terminals, PIS Management will routinely conduct working visits to the 6 terminals to ensure strategic projects run according to plan and provide input for improvements in operational activities in the field as a form of supervision and assistance by company management. (LM)

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