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Selling a Tanker, Defaulting on Debts

Tuesday, July 13, 2004

The controversial Pertamina tankers in Korea were almost seized. Pertamina's critical finances and its assets are also threatened with confiscation.

arsip tempo : 178039955994.

. tempo : 178039955994.

Pertamina is constantly in financial difficulties. It has just tried to reduce the burden by selling two supertankers currently under construction in a Korean dockyard, but this almost fell through because the tankers were almost seized by a creditor who had been pursuing Pertamina around the world. The sale of the tankers itself encountered problems because the House of Representatives' (DPR) Commission VIII considers the sale a mistake and

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