12 June 2024 – Relating to the previously signed Memorandum of Understanding signed between the governments of the Republic of Indonesia and the Republic of Korea on Maritime Cooperation, the Bilateral Maritime Dialogue (BMD), annually held between the two States, was successfully organized in Busan, South Korea. This event marks the fourth BMD between both nations.

This fourth BMD was co-Chaired by the Deputy Minister for Marine Policy Office, Ministry of Ocean and Fisheries (KMOF), Mr. Kim Sung-bum; and the Deputy Coordinating Minister for Maritime Navigation and Energy, the Coordinating Ministry for Maritime Affairs and Investment (CMMAI), Mr. Jodi Mahardi. This event was also attended by other high-level representatives and personnel of related Ministries and state-owned enterprises, including the Ministry of Marie Affairs and Fisheries, Republic of Indonesia (MMAF); PT Pertamina (Persero); and PT Pertamina Hulu Energi, among others. 

The discussion topics covered three agendas, namely on Education (Research and Technology), Port Development, and Maritime Industry and Safety. Varying collaborations supported by KIORCC were also delivered during the dialogue, including the Rig to Reef Pilot Project, Monitoring, and Policy plan by MMAF; Offshore Plant Service Capacity-Building and Rig Reutilization Methods by CMMAI and KMOF; in addition to offshore collaboration opportunities by participating state-owned enterprises. 

BMD events facilitate a forum to discuss current maritime trends, needs, and points of collaborations that can be held between both countries and their industries. Operating under KMOF, KIORCC will continue to support G2G and B2B collaborations in the offshore sector for the development of Korea and Indonesia.