Business · Companies · 11 hrs ago

Indonesian Shipyards Shift from Mining Vessels to Fuel Tankers

Indonesian Shipyards Shift from Mining Vessels to Fuel Tankers

Demand for mining ships in Indonesia has fallen by 60%, according to the Indonesian Shipbuilding and Offshore Industries Association.

The drop has lasted from last year into this year, leading shipyards to adjust what they build.

Shipyards are shifting toward fuel transport vessels, including tankers, mini-tankers and self-propelled oil barges, instead of focusing on barges and tugboats for mining.

The change gives shipbuilders a different source of work as mining-sector demand weakens.

Iperindo members can build about 1,200 new ships a year and also repair and maintain vessels.

The Industry Ministry is preparing a 2026–2030 roadmap that targets shipbuilding capacity of up to 30,000 deadweight tonnes outside Java and Batam, and 60,000 deadweight tonnes for tankers.

The plan aims to strengthen domestic shipbuilding and help meet the country’s need for fuel-carrying vessels.

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What people are saying

Anita Puji UtamiIperindo chair
For mining, it has fallen by as much as 60% at present. From last year to this year, mining has fallen by as much as 60%. Now it is shifting to logistics transport, fuel, petroleum.
via CNBC Indonesia
Last year, the types were barges and tugboats. But now, because of fuel needs, more are tankers, mini tankers and SPOBs (Self-Propelled Oil Barges). Now there are more of those. So we are adjusting to market conditions.
via CNBC Indonesia