PT Pelayaran Nasional Ekalya Purnamasari Tbk (ELPI) announced its success in winning the Marine Fleet Charter tender awarded by PT Layar Nusantara Gas (PT LNG) to support the Genting Floating Liquefied Natural Gas (FLNG) Project.

ELPI posted a net profit of Rp186.81 billion in the third quarter of 2025, with EBITDA reaching Rp314.25 billion and an EBITDA margin of 41 percent.

PT Pelayaran Nasional Ekalya Purnamasari Tbk (ELPI) sees a growing demand for shipyard services, both for new shipbuilding and repairs.

To anticipate this surge in demand, the company plans to increase its production capacity by up to 30%. ELPI Corporate Secretary Wawan Heri Purnomo said that currently, the capacity utilization at the company's shipyards in Gresik and Samarinda-Balikpapan is already at full capacity.

“In terms of capacity, we are already at full capacity. One shipyard can handle around 1,500 tons per year, and currently, the order load is already overloaded. Therefore, we are expanding so that we can accommodate demand,” he told Kontan on Thursday (4/9/2025). According to Wawan, the current market demand trend is relatively higher for repair and maintenance services. However, in terms of production capacity, new shipbuilding is more dominant. This is because new shipbuilding can be directly estimated based on size and tonnage specifications. “Repairs are more fluctuating in nature. Meanwhile, for new ships, such as 40 meters or 30 meters, the production capacity is clear and measurable,” he explained.

Source: Kontan

PT Pelayaran Nasional Ekalya Purnamasari Tbk (ELPI) has recorded a surge in demand for shipyard services, both for new shipbuilding and repair services. To anticipate this trend, the company plans to increase its production capacity by up to 30%.

ELPI Corporate Secretary Wawan Heri Purnomo explained that the utilization rate of ELPI's two shipyards—located in Gresik and in the Samarinda-Balikpapan area—has already reached its maximum capacity.

“In terms of capacity, we are already at full capacity. One shipyard can handle around 1,500 tons per year, and currently, orders are already overloaded. Therefore, expansion is a strategic step to capture market opportunities,” he said on Thursday (September 4, 2025).

High Demand, ELPI Rejects External Orders

Current market demand comes mainly from the ship repair and maintenance sector. However, in terms of capacity, new shipbuilding still dominates because it can be calculated precisely based on the size and specifications of the ship.

“Repairs are more volatile. But for new ships—for example, 30 or 40 meters—the production capacity is clear and can be planned,” said Wawan.

ELPI is currently working on nine new ships, ranging from multipurpose vessels, tugs and barges, to crew boats. The construction process takes 16 to 18 months, including sea trials and classification processes.

“Because our capacity is full, we have even rejected several external requests for shipbuilding. However, we continue to provide repair services to maintain our relationship with customers,” he added.

Challenges: Raw Material Imports and Pressure from Used Chinese Vessels Despite his optimism about the market's potential, Wawan highlighted a number of challenges that still loom over the national shipbuilding industry. One of them is the high dependence on imports of raw materials and components, such as main engines, generators, propellers, and even small components. “Ship engines are customized, so new manufacturers only produce them after there is demand. This makes the supply chain longer and more complex,” he said. In addition, competition with used ships from China is also a challenge. Ten-year-old used ships are still in high demand because they are much cheaper than building new ships domestically. “If there are no regulations limiting the age of imported ships, the trend of purchasing used ships will continue to suppress the growth of the national shipbuilding industry,” said Wawan. Regulatory Support Needed ELPI believes that policies that are more favorable to the domestic maritime industry are needed, including fiscal incentives and restrictions on the age of imported ships. With the right regulatory support, the company is confident that the national shipbuilding industry can grow more competitively and sustainably.

PT Pelayaran Nasional Ekalya Purnamasari Tbk (ELPI) strengthened the capital structure of its subsidiary, PT ELPI Trans Cargo (ETC), which is engaged in logistics and cargo transportation services.

In this corporate action, ELPI contributed additional capital of IDR 9.9 billion through the issuance of 9,900 new shares. Meanwhile, its strategic partner, PT Kreasi Cipta Timur (KCT), contributed IDR 100 million in capital through 100 shares.

However, ETC's ownership composition remains unchanged, with ELPI still holding 99 percent of shares worth IDR 29.7 billion, while KCT controls 1 percent of shares worth IDR 300 million.

ELPI management revealed that the additional capital will have a positive impact on the liquidity, financial stability, and operational capacity of the subsidiary.

“With this additional capital, ETC's liquidity will improve. This supports financial stability and provides the potential for increased revenue, which will be consolidated into ELPI's financial statements as a whole,” management wrote in a disclosure to the Indonesia Stock Exchange (IDX) on Friday (August 1, 2025).

Source: IDX Channel

PT Pelayaran Nasional Ekalya Purnamasari Tbk (ELPI) made history by becoming the first Indonesian maritime contractor to win a prestigious international award, the ExxonMobil Ruby Award 2024.

This award was presented directly by ExxonMobil on August 22, 2025, in recognition of ELPI's outstanding performance, strategic contributions, and commitment to supporting global energy projects with high standards of safety, efficiency, and sustainability.

ELPI was recognized for its success in responding quickly to critical situations, providing replacement vessels, and securing all necessary approvals from authorities to ensure that client operations were not disrupted. This achievement demonstrates the professionalism and competitiveness of the national shipping industry on the global stage.

For ELPI, this award motivates it to continue innovating, maintaining high standards, and strengthening strategic partnerships, while reinforcing the company's roadmap to become a leading logistics partner in the energy sector.

PT Pelayaran Nasional Ekalya Purnamasari Tbk (ELPI) has released its financial report for the first half of 2025. Despite a decline in revenue, the company was able to maintain net profit growth compared to the same period last year.

Quoting the financial report released on Tuesday (7/29), ELPI posted a current year profit attributable to owners of the parent entity, or net profit, of IDR 136.60 billion. This profit increased by 43.29% compared to the net profit in the first half of 2024 of IDR 95.33 billion.

Amidst this growth in net profit, ELPI's revenue actually declined by 7.11%, from Rp 585.27 billion in the first half of 2024 to Rp 543.65 billion in the first half of this year.

In line with the decline in revenue, ELPI's cost of revenue also decreased by 11.77% to Rp 403 billion. ELPI also managed to generate a gross profit of IDR 140.64 billion, which is 9.46% higher than IDR 128.48 billion in the same period last year.

In addition, ELPI also recorded a 12.44% increase in general and administrative expenses to IDR 23.89 billion.

Source: Kontan

IDXChannel – PT Pelayaran Nasional Ekalya Purnamasari Tbk (ELPI) Chief Financial Officer Efily Kusumadewi received recognition at the IDX Channel ESG Awards 2025. Efilya was selected as Inspirational Female ESG Leader for her contribution to promoting sustainable leadership and gender equality in the shipping industry. The award was received directly by ELPI's Independent Commissioner, Fida Unidjaja, at the Indonesia Stock Exchange (IDX) Building in South Jakarta on Friday (July 4, 2025).

PT Pelayaran Nasional Ekalya Purnamasari Tbk (ELPI) recorded operating revenue of IDR 1.20 trillion throughout 2024. This revenue increased by around 12% compared to operating revenue in 2023, which was valued at IDR 1.07 trillion.

Corporate Secretary of PT Pelayaran Nasional Ekalya Purnamasari Tbk Wawan Heri Purnomo stated that for three consecutive years, ELPI's performance has shown significant growth in the offshore support vessel sector.“The offshore sector still contributes the most, namely 55%, compared to non-offshore revenue of 41%,” said Wawan on Monday (10/3).

Of the total 2024 revenue of Rp 1.25 trillion, the offshore sector contributed Rp 707.74 billion. Meanwhile, the non-offshore sector contributed Rp 495.47 billion. Last year's performance was also on track with the company's targets, with both sectors experiencing positive growth, namely 11.95% yoy for offshore and 11.43% yoy for non-offshore.

President Director of PT Pelayaran Nasional Ekalya Purnamasari Tbk Eka Taniputra added that ELPI's success was also driven by a number of strategies implemented by the company. ELPI's management successfully implemented efficiency and optimization measures in all ship operations and within the ELPI organization, which resulted in increased trust and satisfaction from clients.

“As a result, we have secured several spot charters, contract extensions, and new contracts until 2025, which have contributed to an increase in revenue,” he added. Eka is also optimistic that ELPI's performance since its IPO in 2022 until 2024 will experience very positive growth.With stable and increasing revenue growth, significant increases in net profit, stable and controlled DER, and business diversification that has begun after the IPO.

This further strengthens ELPI and reinforces its position as one of the major players in the shipping and oil and gas support industry in Indonesia with a fleet of over 100 units. ELPI's profit as of December 31, 2024, was recorded at IDR 263.98 billion, up from IDR 161.90 billion in 2023. Profit in 2024 increased by 63.77% year on year (yoy), even higher than the yoy profit increase in 2022-2023 or the previous year with an increase of 55%.

KONTAN.CO.ID - JAKARTA. PT Pelayaran Nasional Ekalya Purnamasari Tbk (ELPI) views the business prospects for 2025 with optimism. This is in line with Indonesia's oil lifting target for 2025 of 605,000 barrels per day (BOPD). This is expected to drive increased demand for Offshore Supply Vessels (OSV) services, which have been the backbone of ELPI's business to date. Optimistically, offshore operations remain a key focus for ELPI, stated Wawan Heri Purnomo, Corporate Secretary of Pelayaran Nasional Ekalya Purnamasari, in an interview with Kontan.co.id on Friday (January 10).

EmitenNews.com - Maritime Offshore Technology & Engineering (MOTE) dynamic position training center has been operating for 5 months. However, the training center established by Pelayaran Nasional Ekalya Purnamasari (ELPI) has issued more than 100 certifications to ship officers both domestically and internationally. "MOTE is a brand, while Patriot Teknologi Maritim focuses on dynamic position training centers. The name Patriot represents the City of Heroes, Surabaya, and the company's aspirations during the initial public offering (IPO) process," said Wawan Heri Purnomo, Corporate Secretary of Pelayaran Ekalya, on Monday, December 16, 2024.

PT Pelayaran Nasional Ekalya Purnamasari Tbk (ELPI) has once again achieved success by winning the Offshore Shipping Company Category award at the 2024 Bisnis Indonesia Logistics Award (BILA). ELPI President Director Eka Taniputra said that this award confirms the company's position as a leader in the offshore shipping sector thanks to the dedication of its entire team. Eka added that one of ELPI's strengths in the offshore industry is its affiliation with its own shipyard companies, namely PT Eka Multi Bahari in Samarinda and PT Orela Shipyard in Gresik, including in-house engineers who enable ELPI to manage operations efficiently and customize them according to client preferences while remaining safe, reliable, and efficient.

KONTAN.CO.ID - JAKARTA. PT Pelayaran Nasional Ekalya Purnamasari Tbk (ELPI) has secured a contract to provide services or charter vessels from Exxon Mobile Cepu Limited worth US$ 25.9 million or equivalent to Rp 420.46 billion. Wawan Heri Purnomo, Corporate Secretary of Pelayaran Nasional Ekalya Purnamasari, said that ELPI had won a five-year contract from Exxon Mobile until 2029. “We will provide two Anchor Handling Tug Supply (AHTS) vessels with a contract value of US$ 25.9 million,” he explained in an official statement on Monday (5/8).

IDXChannel - PT Pelayaran Nasional Ekalya Purnamasari Tbk (ELPI) officially received the Special Award Trophy at the IDX Channel ESG Awards 2024 for the Transportation and Logistics Sector Category. The award was received directly by ELPI's General Manager of Corporate Technical, Sentono Fristian, during the award ceremony held at the Indonesia Stock Exchange (IDX) Building in Jakarta on Thursday (July 25, 2024). "It is certainly a joy and a source of pride for us to be able to participate at the national level in relation to the implementation of ESG. This aligns with the 2015 Paris Agreement, where we in the marine industry are committed to contributing to efforts to reduce greenhouse gas emissions," said Sentono after receiving the award.

The increasingly impressive performance achievements over the past three years have enabled PT Pelayaran Nasional Ekalya Purnamasari Tbk (ELPI) to successfully win an award in the category of Best Shipping Company in the Offshore Sector at the 2024 Radar Surabaya Awards. The award was presented directly by the Director of Radar Surabaya, Lilik Widyantoro, to Efilya Kusumadewi, Director of ELPI, at the Radar Surabaya Award 2024 event held at the Vasa Hotel Surabaya on July 12, 2024.

Shipping company PT Pelayaran Nasional Ekalya Purnamasari Tbk (ELPI) will distribute cash dividends of Rp 46.69 billion from its net profit for the 2023 fiscal year. This decision was made after obtaining approval from shareholders at a recent General Meeting of Shareholders (GMS). Company Secretary of Pelayaran Nasional Ekalya Purnamasari (ELPI) Wawan Heri Purnomo revealed that each shareholder will receive a dividend of Rp 6.3 per share. This amount reflects around 30% of ELPI's total net profit in 2023.

PT Pelayaran Nasional Ekalya Purnamasari Tbk (ELPI) has just released its financial report for the first quarter of 2024. In the report, the company's revenue is recorded to have jumped to Rp300.629 billion in the first three months of this year. This figure represents a 41 percent increase compared to ELPI's revenue for the same period last year, which stood at Rp212.552 billion. From this achievement, the company managed to set aside a net profit of IDR 63.048 billion, an increase of 42 percent from IDR 44.407 billion for the same comparison period," said ELPI President Director Eka Taniputra in his official statement.

PT Pelayaran Nasional Ekalya Purnamasari Tbk (ELPI) has once again demonstrated its outstanding performance. This was evidenced by its achievement of the Top 3 Best Offshore Contractor Safety Performance in 2023 award from ExxonMobil Cepu Limited (EMCL) in Bojonegoro. The award was presented by Muhammad Nurdin, Senior Vice President of Production at ExxonMobil Indonesia, to ELPI on Thursday, February 22, 2024, during the Contractor Management Safety Workshop held by EMCL.

SURABAYA - PT Pelayaran Nasional Ekalya Purnamasari Tbk (ELPI) melalui perusahaan afiliasi yaitu NKA Energy Ventures Sdn Bhd (NKA), menandatangani kontrak kerja sama dengan perusahaan Malaysia, Perpetro Sdn Bhd senilai MYR 65 juta atau sekitar Rp 200 millar. Corporate Secretary ELPI, Wawan Heri Purnomo mengatakan, kontrak kerja sama ini merupakan Kontrak Penyewaan Kapal atau Vessel Charter untuk Kapal Kazo Anggrek 7501 yang merupakan jenis Platform Support Vessel atau PSV dengan durasi 854 hari + 3 x 60 hari (opsional).

PT Pelayaran Nasional Ekalya Purnamasari Tbk (ELPI) has budgeted capital expenditure of Rp 1 trillion for 2024. This was announced by ELPI President Director Eka Taniputra to reporters in Jakarta on Friday (12/1/2024). “Our capital expenditure this year is Rp 1 trillion. We will use this capital expenditure for exploration and expansion in our subsidiaries and affiliates,” said Eka. “This budget also includes the procurement of new ships to support our business and market share outside Indonesia,” added Eka.

Shipping company PT Pelayaran Nasional Ekalya Purnamasari Tbk. (ELPI) signed a cooperation contract with two Malaysian companies, NKA Energy Ventures Sdn Bhn and Perpetro Sdn Bhd, worth Rp200 billion. The contract is for the lease of the Anggrek 7501, a PSV or Platform Support Vessel. This vessel is one of ten required by Perpetro. ELPI Chief Operating Officer Dave Ritandhaka also stated that the PSV Anggrek 7501 will support offshore rig support work used by Shell with end user Serawak Sabah Shell, which will be on hire in early February 2024. The contract is valid for two years.

PT Pelayaran Nasional Ekalya Purnamasari Tbk (ELPI) managed to maintain solid growth throughout the first nine months of 2023. Referring to the financial report as of September 30, 2023, ELPI's revenue jumped 76.22% year on year (YoY) to IDR 806.05 billion from IDR 457.39 billion. Head of Research at Semesta Indovest Sekuritas Tobias Bernas said that ELPI's performance has the potential to grow until 2025, in line with offshore investment, which is projected to grow steadily until 2026 with a CAGR of 6.20% and ELPI's revenue projected to reach IDR 927 billion in 2023. Then in 2024, ELPI's revenue is predicted to exceed Rp 1 trillion," he explained in a research report on November 11, 2023.

Jakarta, IDX.CO.ID-On Thursday (9/11), a Memorandum of Understanding on Cooperation to Increase Understanding of the Capital Market in Indonesia between PT Bursa Efek Indonesia (IDX) and the Indonesian National Shipowners Association (INSA) was signed by Mr. I Gede Nyoman Yetna as Director of Company Assessment at IDX, Mr. Jeffrey Hendrik as Director of Development at IDX, and Ms. Carmelita Hartoto as Chairwoman of INSA.