PT Pelayaran Nasional Eklya Purnamasari Tbk. (ELPI) received an investment loan of Rp395.2 billion from PT Bank Mandiri (Persero) Tbk. (BMRI). In a disclosure, ELPI management reported that the loan facility was granted on February 24, 2026.
ELPI's Corporate Secretary, Wawan Heri Purnomo, detailed that the credit facility consists of an investment credit IX of Rp280 billion and an investment credit X of Rp115.2 billion.
He explained that investment credit IX will be used to procure six vessels, consisting of Offshore Support Vessels/Offshore Supply Barges (OSV/OSB), Harbor Tugs, Crew Boats, and Pilot Boats. The purpose of procuring these vessels is specifically for PT Layar Nusantara Gas contracts.
Meanwhile, investment credit X will be used to procure four new vessels of the Offshore Support Vessel (OSV) and/or Crew Boat type.
“All vessels financed will be used as collateral and secured by mortgages in accordance with the Bank's provisions,” said Wawan in a disclosure, quoted on Wednesday (25/2/2026).
Investment Credit Facility IX is Committed, Non-Revolving, and Advised with a term of 96 months. Meanwhile, Investment Credit Facility X is Uncommitted, Non-Revolving, and Advised, and can become committed after fulfilling certain requirements, and uncommitted for 81 months.
Furthermore, Wawan said that the Investment Credit Facility IX has secured an 18-year contract for Floating Liquid Natural Gas (FLNG) in Bintuni Bay, West Papua. In addition, this credit facility has an impact on increasing the shipping company's revenue.
“The certainty and increase in revenue provide going concern certainty and strengthen the Company's position in the Offshore Support Vessel sector,” he said.