PT Jasa Armada Indonesia Tbk (IPCM), a Pelindo Group subsidiary providing pilotage and towing services, secured two honours at the 2025 CSA Awards and advanced to the Indonesia Stock Exchange’s Main Board, signalling rising investor confidence in the company.
The awards, organised by the Indonesian Securities Analysts Association (PAEI) and the CSA Community, recognised IPCM for Excellence in Port Services and Sustainability. Now in its seventh year, the event adopted the theme “Navigating Changes, Unlocking Opportunity: Towards a Resilient and Sustainable Capital Market.”
Recipients were chosen through assessments by certified securities analysts — including Registered and Certified Securities Analysts and professionals holding broker-dealer, underwriter, and investment manager certifications — with a focus on fundamentals, performance consistency and long-term sustainable growth.
The recognition highlights IPCM’s adaptive strategy amid industry shifts and global economic uncertainty, as well as its strengthening corporate governance framework.
IPCM has also increased transparency on its environmental, social and governance (ESG) initiatives through regular sustainability reporting. The company’s programmes include energy efficiency measures, process innovation, enhanced operational safety, workforce development and community engagement.
“This recognition is clear evidence that our transformation is on the right track,” President Director Shanti Puruhita said. “We remain committed to improving performance, reinforcing governance and expanding sustainability initiatives. This award motivates us to keep innovating and providing safe, high-quality services to Indonesia’s port sector.”
Alongside the award, IPCM completed its move from the IDX Development Board to the Main Board, effective Nov. 21, following improvements in governance, financial performance and overall business scale. The upgrade strengthens the company’s credibility and visibility in the capital market.
Looking ahead, IPCM plans to continue expanding through fleet optimisation, operational efficiency gains and service development aligned with the evolving needs of the maritime industry. The company says it aims to increase corporate value while supporting a more resilient and competitive Indonesian capital market.