PT. Baruna Raya Logistics representative President Director Mr.Bambang Ediyanto and Vroon Offshore Pte Ltd Representative Managing Director Mr. Filip Olde Bijvank signed a Memorandum of Agreement in Singapore on August 18, 2015 to set up a joint venture company to work in Indonesian waters.

Baruna's extensive knowledge in commercial, technical and ownership of offshore Supply Vessels in domestic Indonesian oil and gas market and Vroon, an international ship-owning group, operating substantial fleet of OSV's to modern purpose built vessels.

Both companies see great prospect in Indonesian waters and the demand for modern offshore supply vessel in the coming years. Specifically, opportunities through tenders, direct appointments and charter of long-term basis OSV’s in the Indonesian domestic offshore oil and gas market.

Both Baruna and Vroon are optimistic that this joint venture will set standard for modern offshore Supply Vessels in the country and we look forward to explore the vast Indonesian oil and gas resource and the exchange of knowledge while doing so.

With both companies focusing on expansion and exemplary service to oil and gas companies, both Baruna and Vroon look forward to many more venture expansion in the years to come.