PT Pelayaran Bahtera Adhiguna

What PT Pelayaran Bahtera Adhiguna does

PT Pelayaran Bahtera Adhiguna (BAg) is an Indonesian maritime shipping and logistics company founded in 1971 and headquartered in Jakarta. It is wholly-owned by PT PLN Energi Primer Indonesia (PLN EPI), the subholding of state-owned electricity utility PT PLN (Persero) responsible for primary energy procurement, which makes BAg an intra-group service provider to PLN Group's power-generation assets as well as to Independent Power Producers (IPPs).

The company operates a diversified fleet spanning tug boats, barges, self-unloading vessels, handysize, handymax, supramax, and panamax vessels, organized around five core service lines: coal transportation for PLN Group and IPP coal-fired power plants (PLTU); primary fuel (BBM) distribution from refineries to power generation units; LNG transportation to support clean-energy power supply; dredging of shipping lanes, ponds, and intake canals at PLN Group power plant sites; and integrated Jetty Management of PLN Group coal power plant jetties (launched December 2019 at Pangkalan Susu and subsequently expanded). The company holds ISM Code and ISPS Code compliance and is a member of INSA (Ikatan Nasional Perusahaan Angkutan Laut), with service operations running from Aceh to Papua and on-site branch offices in Jepara and Pangkalan Susu.

Commercially, BAg runs an enterprise B2B model with long-term contracts to PLN Group and IPP counterparties; pricing is negotiated and not publicly disclosed. Revenue is generated primarily through recurring transportation contracts, with a managed-services overlay from Jetty Management and project-based revenue from dredging works. Growth and repositioning moves are visible through a 2025 MoU with HDF Energy Indonesia to assess hydrogen auxiliary systems on large vessels, a CSR/research partnership with BRIN on seaweed cultivation in Jepara, and active sustainability reporting including 2024 sustainability and financial disclosures. Headcount is reported in the 101–250 range, and revenue figures are not publicly disclosed in the extracted material.

Name

PT Pelayaran Bahtera Adhiguna

Legal name

PT Pelayaran Bahtera Adhiguna

Website

https://plnbag.co.id

Company type

Private

Founded year

1971

Operating status

Operating

Headcount range

101–250 employees

Short description

PT Pelayaran Bahtera Adhiguna is an Indonesian maritime shipping and logistics subsidiary of state-owned utility PLN, transporting coal, fuel, and LNG to PLN Group and IPP power plants and providing dredging and jetty management services across the archipelago.

Ownership category

akta.pro rank

Product category

Maritime Shipping and Logistics Services

NAICS

Support Activities for Water Transportation (4883)

SIC

Water Transportation (4400)

akta.pro primary industry

Offshore Support & Marine Logistics Vessel Operators (PSV/AHTS) (TLADABAL)

Keywords

• Maritime shipping services
• Coal transportation
• LNG transport logistics
• Maritime dredging services
• Jetty management operations

Headquarters

HQ city

Jakarta

HQ country

Indonesia

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Supply Chain

Revenue model

1. Coal Transportation Services: Primary business segment providing coal transportation to support PT PLN (Persero) coal power plants and Independent Power Producers (IPPs). Secures coal supply for power generation facilities across Indonesia.
2. Primary Fuel (BBM) Transportation: Transportation of primary energy fuel (Bahan Bakar Minyak) as part of the national energy supply chain, distributing fuel from refineries or main terminals to power generation units and regional distribution points.
3. LNG Transportation: Transportation of LNG (Liquefied Natural Gas) for clean and efficient energy supply to power generation units across Indonesia via LNG carriers or specialized transport.
4. Dredging Services: Dredging of shipping lanes, ponds, intake canals, and other areas at PLN Group coal power plant locations to maintain optimal depth for vessel operations.
5. Jetty Management: Management of PLN Group coal power plant jetties to increase coal supply security and corporate retain value efficiency. Initial service launched December 2019.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels7 records

Core offering

PT Pelayaran Bahtera Adhiguna is a maritime shipping and logistics company that provides primary energy transportation services, including coal, fuel (BBM), and LNG shipping, as well as dredging and jetty management services, primarily to PT PLN (Persero) and Independent Power Producers across Indonesia. It operates and manages a modern fleet of tug boats, barges, self-unloading, handysize, handymax, supramax, and panamax vessels.

Product overview

PT Pelayaran Bahtera Adhiguna (BAg) operates as a shipping and logistics company providing primary energy transportation services. The company offers five core services: Coal Transportation Services for securing coal supplies to PLN and IPP power plants; Fuel (BBM) Transportation for distributing fuel across Indonesia's energy supply chain; LNG Primary Energy Transport for clean energy delivery; Dredging Services for maintaining optimal depths at power plant facilities; and Jetty Management for PLN Group coal power plant jetties. The company also operates and manages a fleet of vessels including bulk carriers (TB Srikandi Baruna series, Latifah Baruna, Kartini Baruna, Arimbi Baruna, Kencana Baruna, Malahayati Baruna, Rasuna Baruna, Zaleca Baruna), self-unloading vessels (Sartika Baruna, Adhiguna Tarahan), handysize vessels (Intan Baruna, Martha Baruna), handymax vessels (Meutia Baruna), and tug & boat units.

Differentiator

Problem solved

Functional benefit

Products and services

• Coal Transportation Services

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered moderate and core.

• Badan Riset dan Inovasi Nasional (BRIN)moderateStrategic or Co-development Partner · 15 April 2026BAg collaborated with BRIN through its CSR program to improve efficiency and optimization of seaweed cultivation (anggur laut) at Pantai Pailus, Jepara. BRIN researchers provided technical guidance on scientific cultivation techniques, superior seedling selection, water quality management, and optimal harvesting strategies. The collaboration aims to enhance fishermen's productivity and provide alternative income sources.
• HDF Energy IndonesiacoreStrategic or Co-development Partner · 16 April 2025PT HDF Energy Indonesia, a subsidiary of HDF Energy, signed an MoU with PT Pelayaran Bahtera Adhiguna to assess the use of hydrogen for auxiliary systems on large vessels. This partnership supports the decarbonization of Indonesia's maritime sector and builds on HDF's broader initiative to develop hydrogen power plants in Eastern Indonesia. HDF is developing 23 Renewstable hydrogen power plants combining solar generation with green hydrogen storage to supply hydrogen-powered fuel cells manufactured in France.
• PT PLN (Persero)coreOthersPT Pelayaran Bahtera Adhiguna is a subsidiary (anak perusahaan) of PT PLN, specifically under Subholding PLN Energi Primer Indonesia. The company provides primary energy transportation services supporting PLN Group coal power plants and operations.
• PT PLN Energi Primer Indonesia (PLN EPI)coreOthersBAg is a subsidiary under Subholding PLN Energi Primer Indonesia, collaborating on various CSR programs including environmental sustainability initiatives with communities in Yogyakarta and waste management programs in Lombok.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Regional players

• PT Bukit Asam (PTBA): Indonesian state-owned coal miner that also operates a substantial barging and port logistics business moving coal to power plants and export terminals. Comparable through vertically integrated coal-to-power logistics operations in the Indonesian market.

Direct peers

• Eagle Bulk Shipping: US-listed owner-operator of Supramax and Ultramax dry bulk vessels focused on global minor bulk trades. Comparable on dry-bulk vessel profile and global/Asian coal trade exposure relevant to BAg's bulk coal transportation business.
• Berlian Laju Tanker: Indonesian tanker and dry bulk operator headquartered in Jakarta with a fleet of tankers and bulk carriers serving energy and commodity customers across Asia. Directly comparable as an Indonesian-flag shipping operator serving energy supply chains in the region.
• Pacific Basin Shipping: Hong Kong-listed dry bulk shipping company operating a fleet of Handysize and Supramax vessels with strong Asian trade flows including Indonesian and Asian coal routes. Directly comparable on dry-bulk vessel size mix and Asian coal trade exposure.
• Safe Bulkers: Internationally listed dry bulk shipowner operating a fleet of Panamax, Kamsarmax, Supramax, Ultramax, and Handysize bulkers transporting coal, grain, and other commodities. Directly comparable on fleet mix (panamax/supramax/handymax/handysize) and coal-heavy cargo exposure.
• Genco Shipping & Trading: US-listed owner of a diversified fleet of dry bulk vessels including Ultramax and Supramax ships transporting coal, grain, and minor bulks worldwide. Comparable through dry-bulk vessel class mix and global coal/iron ore trade orientation that overlaps with Asian coal flows relevant to BAg.
• PT Pelayaran Nasional Indonesia (PELNI): State-owned Indonesian shipping operator running passenger and cargo liner services across the archipelago under SOE governance. Comparable as a large Indonesian SOE-affiliated shipping company with national footprint similar to BAg's Aceh-to-Papua reach and PLN-style captive-of-government customer base.
• Adaro Logistics (Adaro Energy subsidiary): Logistics arm of Indonesia's largest thermal coal producer, operating a large fleet of barges and tugs that move coal from mine to port in Indonesia. Highly relevant comparable as another Indonesian operator of dedicated coal logistics infrastructure serving the same domestic energy supply chain.
• PT Samudera Indonesia: Indonesian integrated shipping and logistics group operating container, bulk, and tank vessels across regional and Indonesian domestic trades. It is the closest publicly listed peer to BAg in terms of Indonesian-flag shipping scale and exposure to domestic bulk and energy logistics customers.

Broad incumbents

• Star Bulk Carriers: Global dry bulk shipping owner-operator with a large fleet of Newcastlemax, Capesize, Kamsarmax, Ultramax, and Supramax vessels. Broad-incumbent comparable given BAg's supramax/panamax bulk fleet profile and exposure to dry-bulk freight markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/pt-pelayaran-bahtera-adhiguna
• Instagraminstagram.com/bahteradhiguna

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PT Pelayaran Bahtera Adhiguna