PaxOcean and PT PAL Sign MOU for Collaboration

Standing (L to R): Iqbal Fikri (Director of Production, PT. PAL), Willgo Zainar (Director of Marketing, PT. PAL),Oggy Achmad Kokasih (Director of Finance, Risk & HR, PT. PAL), Bian Lixin (Director, New Building & Conversion, PaxOcean), Jerome  Chew (COO,  PaxOcean),  Ang Yoke Kee (SGM ASEAN, KSL), Lee Kok Boon (GM, Graha Yard, PaxOcean)
Seated (L to R): Dr Kaharuddin Djenod(CEO, PT. PAL), Tan Thai Yong (CEO & MD, PaxOcean)

SINGAPORE, 5September 2022 –To  increase  business  capacity  in  the  field  of  ship  maintenance,  repair,  and overhaul  for  all  vessels,  PaxOcean  and  PT  PAL  Indonesia  (Persero)  recently signed a memorandum of understanding (MoU) to seal their official cooperation in these areas. The  MoU  was signed  by  Mr  Tan  Thai  Yong,  Managing  Director  and  CEO, PaxOcean and PT PAL Indonesia CEO, Dr Kaharuddin Djenod, and witnessed by the senior management of PT PAL Indonesia and PaxOcean Engineering and KSL Executive Office teams in Jakarta on 5 September 2022.

The  purpose  and  objectives  of  the  MoU  are  in  the  framework  of  a  joint development plan and capacity building in the fields of marketing, maintenance, repair and overhaul of vessels. Dr Djenod shared that this collaboration happens at a strategic moment as PT PAL has been appointed as the lead integrator for all  the  shipyards  throughout  Indonesia,  as  well  as  being  entrusted  with  the responsibility of conducting MRO for state-owned vessels together with other shipyards in Indonesia.

Furthermore,  Dr  Kaharuddin explained  that  "PAL  is  also  developing  Maritime Industry  4.0  or  what  we  call  IM4.  In  the  future,  with  this  implementation, production  capacity  is  expected  to  increase  by  up  to  3  times. At  the  later implementation  stage,  PaxOcean  can  participate  as  a  user in  monitoring strategic cooperation projects in the MRO field between PAL and PaxOcean," he concluded. The PaxOcean Engineering team also visited PT PAL's head office in Surabaya, to review  PT  PAL  Indonesia's  production  facilities,  especially  in  the  field of  ship maintenance and repair. In  this  collaboration,  PT  PAL  is  the  lead  integrator  and  PaxOcean,  a  strategic partner for the successful marketing and maintenance of repairs and overhauls to  ensure  timely  and  appropriate  quality  in  accordance  with  international quality standards. "This collaboration is a good start. Hopefully in the future it can strengthen good relations between Indonesia and Singapore," added Mr. Tan Thai Yong. PaxOcean  aims  to  provide  full  support  for  the  Indonesian  maritime  industry, including  mastery  of  capabilities  and  technology  in  maintaining  and  repairing ships, recovering and recycling maritime assets for an environmentally friendly future.

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About PaxOcean

A subsidiary of Kuok Singapore Limited, PaxOcean owns and operates five shipyards located in Singapore, China and Indonesia. First established in 2007 in Singapore, PaxOcean offers a wide range of services covering integrated solutions, newbuilding, module fabrication, green recycling, repairs and conversion of conventional and renewable energy assets.

For more information, visit us at

About PT PAL Indonesia (Persero)

PT PAL Indonesia (Persero) is an Indonesian state-owned enterprise that manufactures ships for military and civilian use and conducts repairs and maintenance on ships and engineering.

For more information, please visit us at

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