What PT Humpuss does

PT Humpuss (Humpuss Group), founded in 1984 and headquartered in Jakarta, is an Indonesian Super Holding company operating across the energy, transportation, maritime, and commodity trading value chain through multiple subsidiaries. Its operating businesses include PT Humpuss Intermoda Transportasi (HITS), which manages LNG vessels, tankers (1,300-37,000 DWT), tugboats, barges, ship engineering and crew management, and which has been listed on the Indonesia Stock Exchange since 1997; PT Humpuss Pengolahan Minyak (HPM), which operates a 10,000 barrel-per-day oil refinery in Cepu, Central Java, built in 1995; PT Humpuss Trading, handling fuel retail and mining products in Kalimantan and Sumatera since 2004; PT Humpuss Patragas, conducting oil exploration under a Technical Assistance Contract with Pertamina across a 1,670 sq km concession in Blora and Bojonegoro; and PT Humpuss Maritim Internasional (HUMI), which merged with PT Hateka Trans Internasional in 2022 and listed on IDX in 2023 as Indonesia's first publicly traded shipping company. The group's revenue model is B2B enterprise contract-based across shipping fees, refining margins, commodity trading, and exploration revenue, with no disclosed pricing or revenue figures and no SMB or retail channel outside limited fuel trading. Customers are concentrated in Indonesian energy and chemicals enterprises, with Pertamina as the named upstream partner and PT. Kaltim Methanol Industri and PT. Horizonte among disclosed trading counterparties. The group is led by President Director Taufik Agustono and is positioning itself as an integrated, ESG-oriented super holding with technological innovation as a stated theme, though no specific digital or AI capabilities are documented in the source material.

Name

PT Humpuss

Legal name

PT Humpuss

Website

https://humpuss.co.id

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

11–50 employees

Short description

PT Humpuss is an Indonesian energy and maritime super-holding (founded 1984) operating LNG/tanker shipping, a 10,000 bpd Cepu oil refinery, oil exploration under a Pertamina TAC, and commodity trading through publicly listed subsidiaries HITS and HUMI.

Ownership category

akta.pro rank

Product category

Energy Transportation and Maritime Services

NAICS

Petroleum Bulk Stations and Terminals (42471), Warehousing and Storage (493)

SIC

Wholesale-Petroleum Bulk Stations & Terminals (5171), Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172)

akta.pro primary industry

Marine MRO Parts & Consumables Distribution (TLAKAOAJ)

akta.pro secondary industry

Hazmat & Dangerous Goods Warehousing (Regulated Storage) (TLAIACAE)

Keywords

• LNG shipping services
• Oil refining operations
• Maritime transportation
• Energy commodity trading
• Oil exploration services

Headquarters

HQ city

Jakarta

HQ country

Indonesia

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Supply Chain

Revenue model

1. Shipping and Maritime Transportation: LNG transportation, tanker operations, methanol transportation, ship engineering management, crew management services, and ship agency services through PT Humpuss Intermoda Transportasi and PT Humpuss Maritim Internasional
2. Trading Operations: PT Humpuss Trading operates since 2004 handling retail fuel trade and mining products in Kalimantan and Sumatera, general trading of energy and commodities
3. Petrochemical and Oil Refining: Oil refinery operations in Cepu processing crude oil into refined petroleum products
4. Mining and Oil Exploration: PT Humpuss Patragas conducts oil exploration through Technical Assistance Contract with Pertamina in Blora and Bojonegoro concessions

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

Core offering

PT Humpuss is an Indonesian Super Holding conglomerate that operates across the full energy value chain through its subsidiaries. Core activities include LNG and maritime transportation via HITS/HUMI fleets, oil refining in Cepu at 10,000 barrels per day, commodity and fuel trading across Kalimantan and Sumatra, and oil exploration under a Technical Assistance Contract with Pertamina in Blora and Bojonegoro concessions.

Product overview

PT Humpuss is a Super Holding company with diverse business units operating across energy, transportation, shipping, trading, petrochemicals, and mining sectors. The portfolio includes PT Humpuss Intermoda Transportasi (HITS) managing maritime/shipping operations with LNG vessels and tankers, PT Humpuss Pengolahan Minyak operating an oil refinery in Cepu, PT Humpuss Trading handling commodity trading, PT Humpuss Patragas conducting oil exploration via TAC with Pertamina, and PT Humpuss Maritim Internasional (HUMI) as a publicly-listed maritime entity. The group operates across the full energy value chain from upstream exploration to downstream processing, transportation, and trading.

Differentiator

Problem solved

Functional benefit

Products and services

• Oil Refinery Operations (PT Humpuss Pengolahan Minyak) Oil refinery facility built in 1995 in Cepu, Central Java, with a processing capacity of 10,000 barrels of crude oil per day, serving the petrochemical and downstream energy sector.
• Shipping and Energy Transportation (HITS) Maritime transportation services via PT Humpuss Intermoda Transportasi managing LNG vessels, tankers (1,300-37,000 DWT), tugboats, barges, ship engineering management, crew management services, and ship agency services for enterprise clients.
• Commodity and Fuel Trading (PT Humpuss Trading) Trading division established in 2004 handling fuel retail and mining products across Kalimantan, Sumatera, and various regions in Indonesia, focused on energy and commodity trading opportunities.
• Oil Exploration Services (PT Humpuss Patragas) Oil exploration and drilling operations conducted under a Technical Assistance Contract (TAC) with Pertamina in Blora and Bojonegoro concessions covering 1,670 square kilometers.
• Maritime and Energy Operations (HUMI) PT Humpuss Maritim Internasional (HUMI), formed in 2022 through merger of PT Misi Hutama Internasional and PT Hateka Trans Internasional, listed on Indonesia Stock Exchange in 2023 as Indonesia's first publicly traded shipping company.

Quantifiable outcome

• Indonesia's first publicly traded shipping company on IDX (2023)
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• PertaminacoreStrategic or Co-development PartnerPT Humpuss Patragas has a Technical Assistance Contract (TAC) with Pertamina to conduct oil exploration and drilling operations on concessions in Blora and Bojonegoro, Central and East Java. This partnership enables Humpuss to perform oil exploration activities under Pertamina's regulatory oversight.

Scale indicators5 records

Recent moves12 records

Expansion highlights5 records

Direct peers

• Stolt-Nielsen: Global operator of chemical/parcel tankers and tank containers with integrated logistics. Comparable to Humpuss's chemical and specialty product shipping activities, including methanol transport and Humpuss Trading Kimia.
• Teekay Corporation: Publicly listed provider of LNG, crude oil, and product tanker shipping services with significant exposure to Asia-Pacific energy customers. Direct analog for HITS/HUMI's LNG and tanker vessel operations.
• MISC Berhad: Malaysian maritime conglomerate operating one of the world's largest LNG carrier fleets and petroleum/product tankers. Directly comparable to HITS/HUMI in LNG and petroleum shipping, serving regional energy customers across Southeast Asia.
• BW LNG: Global LNG carrier operator with a large, modern fleet serving international LNG offtakers. Comparable to Humpuss's LNG shipping heritage (Ekaputra) and current HUMI LNG strategy.

Regional players

• PT AKR Corporindo: Indonesian-listed energy logistics and trading company distributing fuel and basic chemicals across the archipelago. Comparable to Humpuss Trading's fuel retail and commodity trading activities in Indonesia.
• Pacific International Lines: Singapore-headquartered shipowner operating container and dry bulk tonnage across Southeast Asia. Regional maritime peer relevant to Humpuss's Indonesian archipelago shipping footprint, though not in the same product segments.
• PT Adaro Energy: Indonesian-listed integrated coal mining and energy company with downstream trading activities. Adjacent comparable for Humpuss Trading's mining product trading across Kalimantan and Sumatra.
• Medco Energi Internasional: Indonesian-listed upstream oil and gas exploration and production company with regional operating assets. Comparable to Humpuss Patragas's Indonesian oil exploration and production activities under the Pertamina TAC.

Others

• Pertamina: Indonesian state-owned oil and gas company and Humpuss's key counterparty under the TAC. Functions as both customer (shipping offtake) and concession grantor, making it the most strategically connected entity to Humpuss's exploration business.

Broad incumbents

• Frontline plc: One of the world's largest independent tanker operators focused on crude oil transportation. Broader incumbent in the tanker segment where HITS/HUMI operates a smaller-scale fleet (1,300–37,000 DWT).

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/pt-humpuss

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

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

Frequently asked questions about PT Humpuss