PT Pancaran Samudera Transport Tbk is an Indonesia-based maritime transportation and logistics company that provides comprehensive sea freight, vessel chartering, and integrated marine support services. Established in 2007 and operating as part of the Pancaran Group, the company specializes in domestic and regional marine transport for dry bulk commodities and general cargo. Its primary services encompass tug and barge transportation utilizing a fleet of tugboats and dry barges for hauling bulk commodities including coal, nickel ore, fertilizer, iron sand, split stone, and steel plates; dry bulk shipping operations utilizing Supramax bulk carriers ranging between 50,000 and 60,000 deadweight tonnage (DWT) equipped with onboard cranes for shallow-draft port accessibility; vessel chartering solutions provided under time charter and voyage charter contracts; ship brokerage and marine agency services; offshore supply and support operations; and shipyard services managed through its subsidiary Pancaran Samudera Shipyard in Samarinda, East Kalimantan, encompassing shipbuilding, vessel repair, maintenance, dredging, quay operations, and offshore base facilities. The company caters to clients across the power generation, mining, cement, metallurgy, and construction industries throughout the Indonesian archipelago and regional Southeast Asian waters. In July 2025, PT Pancaran Samudera Transport Tbk completed its initial public offering on the Indonesia Stock Exchange under the ticker symbol PSAT, raising approximately IDR 200.12 billion. In line with its fleet expansion and modernization program, the company allocated the majority of the offering proceeds to its subsidiary PT Pancaran Karya Shipping for the acquisition of two Supramax bulk carrier vessels, while also executing the acquisition of four vessels comprising two tugboats and two barges valued at IDR 22 billion to renew its fleet and boost operational efficiency. PT Pancaran Samudera Transport Tbk is headquartered in North Jakarta, Indonesia.