{"id":94906,"date":"2026-02-19T15:32:36","date_gmt":"2026-02-19T18:32:36","guid":{"rendered":"https:\/\/shipping.einnews.com\/article\/893796066"},"modified":"2026-02-19T15:32:36","modified_gmt":"2026-02-19T18:32:36","slug":"krakatau-steel-anticipates-double-digit-growth-on-shipbuilding-demand","status":"publish","type":"post","link":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/2026\/02\/19\/krakatau-steel-anticipates-double-digit-growth-on-shipbuilding-demand\/","title":{"rendered":"Krakatau Steel anticipates double-digit growth on shipbuilding demand"},"content":{"rendered":"
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ublicly listed PT Krakatau Steel is forecasting double-digit growth in the coming years, as it expects a surge in demand from the domestic shipbuilding sector.<\/p>\n<\/div>\n

The optimism is fueled by a renewed push to strengthen the national maritime industry as well as a specific mandate from state asset fund Danantara to supply materials to state-owned shipbuilder PT PAL Indonesia, which manufactures vessels for civilian and military use.<\/p>\n

Hernowo, Krakatau Steel\u2019s commercial, business development and portfolio director, said the state-owned steelmaker was maintaining steady supplies to domestic shipbuilders.<\/p>\n

\u201cSo now, Krakatau Steel supplies approximately 400,000 tonnes [of steel to shipbuilders] per year. Yes, around that amount per year is routine, the routine demand,\u201d he said on Wednesday, as quoted by Bisnis.com<\/em>.<\/p>\n

Hernowo added that the company\u2019s projected growth depended on a strong commitment to local content, expressing hope that revitalization of the maritime industry would be supported by robust national policies mandating the use of locally made materials.<\/p>\n

He also highlighted huge potential for growth if shipbuilders focused on buying materials domestically instead of importing them.<\/p>\n

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Building ships required a lot of steel, and redirecting this demand inward could generate a significant multiplier effect across the domestic supply chain, Hernowo said.<\/p>\n

<\/a><\/strong> <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

… supply materials to state-owned shipbuilder<\/span> PT PAL Indonesia, which manufactures … maintaining steady supplies to domestic shipbuilders<\/span>. \u00e2\u0080\u009cSo now, Krakatau Steel supplies … huge potential for growth if shipbuilders<\/span> focused on buying materials domestically …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-94906","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/94906","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/comments?post=94906"}],"version-history":[{"count":0,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/94906\/revisions"}],"wp:attachment":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/media?parent=94906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/categories?post=94906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/tags?post=94906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}