Malaysian container liner PDZ Holdings Bhd has inked a Memorandum of Understanding (MoU) with PT Indonesia Bulk Carrier, in its move to expand into the Indonesian maritime industry. The deal is to provide total maritime logistic solutions, such as container liner, bulk cargoes, tug and barge, self-propelled barge, oil and gas support vessels coupled with other related services such as vessel chartering, pooling management, shipping consultancy and crew management, in line with the PDZ’s regional expansion plans.

Indonesian seafreight is projected to reach US$25 billion (RM100 billion) by 2020 with container volume of over 50 million twenty-foot equivalent unit (TEU).