JAI and PetroChina Agree on Piloting Tariff, Other KKKS to Follow

Damas Jati - Jakarta, 15/05/2018, 09:03

*Dawam Atmosudiro, CEO of PT Jasa Armada Indonesia Tbk

PT Jasa Armada Indonesia Tbk (JAI) has held cooperation agreement in tugboat and piloting boat service with Petrochina International Jabung Ltd. The tariff agreement of JAI-Petrochina will be a guideline for similar cooperation agreement among other area of Cooperation Contract Contractors (KKKS).

The agreement on piloting and tugboat tariff service in the area of special privately terminal (TUKS) of Tanjung Jabung was signed on Monday (5/14/2018) in Jakarta. It became a final step from the memorandum of the understanding that was signed last October 2017.

The CEO of JAI, Dawam Atmosudiro said the company would gain 25% of the revenues from piloting and tugboat service in Tanjung Jabung port. It would allocate 5% of the revenues to the country in the form of Non-Taxed State Revenues (PNBP), whereas about 70% of the revenues would go to the management of TUKS.

“With this composition, we will directly book 20% profit. This is certainly the thing that we have to maintain due to our promise to the stakeholders that our gross profit will be 17%,” he explained during the signing of the agreement on Monday (5/14/2018).

Dawam explained that the company indeed has been in the middle of processing the expansion of business segment out of its captive market since last years. JAI operates to provide tugboat service at 12 ports under the holding company, PT Pelabuhan Indonesia II (Persero). In addition, JAI also moves to the TUKS and Ship-to-Ship (STS) business segment.

At present, JAI has already signed contract agreement of piloting and tugboat service with PT Nusantara Regas and PT Cemindo Gemilang. JAI also aims at piloting and tugboat service at the area of Musi River estuary, eastern Karawang and Luwuk. Overall, the new contracts would generally give contribution to the target of revenues of JAI this year, which is set at Rp 1.1 trillion.

In the first quarter of 2018, JAI has booked revenues of Rp 164.63 billion (unaudited) or grew by 5.56% annually. Dawam predicted that the revenues would increase significantly in the second semester of the year following the realization of new contract agreement of the company.

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