Indonesian energy company buys trawlers, seeks foreign partners for tuna venture

Indonesian energy company PT Ratu Praba Energy is looking for partners to set up a tuna-fishing operation, having purchased 15 secondhand trawlers from an Italian supplier.

Formerly a furniture maker, in the past decade, PT Ratu Praba Energy switched focus to providing services for oil, gas, and mining companies.

Company management has reached out to potential fisheries partners in Japan, South Korea, and elsewhere for assistance with setting up the joint venture, and PT Ratu Praba executives told one prospective partner ... 

Photo courtesy of PT Ratu Praba Energy