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PT Pelayaran Nasional Ekalya Purnamasari Tbk (ELPI) obtained an investment credit facility totaling IDR 395.2 billion from PT Bank Mandiri for the procurement of 10 vessels for the Genting Floating Liquefied Natural Gas (FLNG) project. The facility includes IDR 280 billion for immediate use (KI IX) to finance six vessels and IDR 115.2 billion (KI X) that may become committed based on contract conditions.

The vessels, targeted for completion by Q3-Q4 2028, will be leased to PT Layar Nusantara Gas for 18 years, valued at IDR 2.39 trillion. ELPI anticipates stable revenue from the long-term contract.