Pertamina International Shipping (PIS) has lined up long-term charters with global energy players for four LPG carriers worth a combined $49.3m.

The hydrocarbons shipping arm of Indonesia’s state oil company said the fixtures are part of commercialising its shipping operations and increasing revenue channels in international markets.

Included in the fixtures are two 22,500-cbm, 2011-built handysizes, with Geogas Trading chartering the Gas Walio and Vitol taking the Gas Widuri.