JAKARTA : Pertamina International Shipping, a unit of Indonesia's state energy firm, aims to invest up to $3 billion over the next five years to rejuvenate and expand its fleet, including investing in vessels to transport liquefied natural gas, an executive said.
"We will invest big in replacing vessels," Wisnu Santoso, a director at PIS told reporters on Tuesday."We want to reduce the average age of our fleet within the next five years to 15 years from currently at around 20 years."
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