| Marine Transportation Industry | Industrials Sector | Mr. Henry Jusuf CEO | ASX Exchange | Q05577103 CUSIP |
| ID Country | 207 Employees | - Last Dividend | 14 Oct 2016 Last Split | - IPO Date |
PT Buana Lintas Lautan Tbk, established in 2005 and based in Jakarta Selatan, Indonesia, is a key player in the oil and gas tanker industry with operations extending to Indonesia, Singapore, and the Marshall Island. The company embarked on a significant transition when it changed its name from PT Buana Listya Tama Tbk to PT Buana Lintas Lautan Tbk in February 2018, marking a new phase in its development. It operates across diverse segments including Oil, FPSO (Floating Production Storage and Offloading) and FSO (Floating Storage and Offloading) Tankers, Gas Tankers, Chemical Tankers, among others, addressing a broad spectrum of maritime transportation needs and services in the oil and gas sector.
The company specializes in the maritime transportation of a wide range of products. This includes liquefied gases (such as liquefied petroleum gas, propylene, propane, and LNG), lubricating oils, crude oils, and petroleum products, as well as organic and non-organic liquid chemicals, vegetable oils, and animal fats. This diversity in cargo types signifies the company's extensive capability in accommodating various maritime transportation needs within the oil and gas sector.
PT Buana Lintas Lautan offers essential services through its floating tanker facilities, which are used for the production, storage, and off-loading of oil products. These services are critical for operations that require temporary storage solutions or specific off-loading capabilities at sea, enhancing the flexibility and efficiency of oil production and distribution processes.
The company provides short, medium, and long-term chartering of vessels, catering to the diverse needs of its clients for specific durations or projects. This flexibility allows clients to optimize their operations based on their project requirements and the market demand.
To facilitate the smooth operation of maritime transportation, PT Buana Lintas Lautan offers shipping agency services. These services are designed to accommodate the process of obtaining permits and the use of port facilities efficiently. It encompasses a comprehensive range of support activities, including provision of supplies like fuels, clean water, spare-parts, repair services, and more, ensuring seamless operations for their clients’ vessels.
Understanding the critical importance of ship management, the company provides specialized services for the management of oil and gas tankers, including FPSO/FSO units. This includes both the technical management of the vessels and the management of their crews. These services ensure that the vessels are maintained and operated according to the highest standards of maritime safety and efficiency, and that the crew is well-managed and proficient in their duties.