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Jaya Samudra Karunia eyes more FSRU orders at PaxOcean

Indonesia’s Jaya Samudra Karunia (JSK) is eyeing more FSRU orders to meet the growing demand for clean energy in Asia.

The naming ceremony for the company’s second FSRU, Karunia Dewata, was held at PaxOcean’s Zhoushan yard yesterday with the 26,000 cu m FSRU set for delivery later this year.

Having taken a pioneer role by launching the first small scale LNG FSRU in Bali in 2016, JSK is looking to further expand its presence in the market.

Dennis Jang, CEO of JSK, told Splash at yesterday’s launch that the company has many opportunities in the clean energy sector. “The world is entering the era of clean energy and we have seen a growth of 10% every year in the sector over the past few years,” Jang said.

“There are great opportunities in small/medium scale LNG infrastructure projects including FSRU and floating power plants throughout Asia,” he added, while identifying Indonesia as having the greatest opportunity due to the country consisting of many remote islands.

An official at PaxOcean Zhoushan told Splash that the shipyard and JSK are now in negotiations for more FSRU orders.

JSK is mostly known for operating coal shipping services within Indonesia, and has a fleet of four bulk carriers.

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Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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