Japan’s Nippon Yusen Partners With Indonesia’s Pertamina Tanker Subsidiary

Japan’s Nippon Yusen Partners With Indonesia’s Pertamina Tanker Subsidiary
A worker prepares to label barrels of lubricant oil at the state oil company Pertamina's lubricant production facility in Cilacap, Central Java, Indonesia, on Nov. 6, 2017. Rosa Panggabean/Antara Foto via Reuters
Aldgra Fredly
Updated:
0:00

Japan’s shipping firm Nippon Yusen Kaisha (NYK) announced Friday its strategic alliance with a tanker subsidiary of Indonesian state oil giant Pertamina, which will allow Pertamina to expand its fleet in the global market.

In a statement, NYK said that it had concluded an investment and strategic alliance agreement with Pertamina International Shipping (PIS), a Pertamina subsidiary specializing in energy transportation.
Aldgra Fredly
Aldgra Fredly
Author
Aldgra Fredly is a freelance writer covering U.S. and Asia Pacific news for The Epoch Times.
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