Key Points
Indonesia receives former Italian Navy carrier Giuseppe Garibaldi valued at €54 million (S$79 million).
Ship measures 180m long, carries 14+ helicopters, serves 15-20 years.
Indonesia paid $60 million delivery cost but received vessel free from Italy.
Official re-flagging to KRI Sriwijaya occurs September 24, 2026.
Indonesia’s first aircraft carrier, the former Italian Navy ship Giuseppe Garibaldi, arrived at Tanjung Priok port in North Jakarta on September 18 after a three-week voyage from Italy. The 41-year-old vessel, valued at more than €54 million (S$79 million), will be renamed KRI Sriwijaya and officially transferred to Indonesian control in a re-flagging ceremony on September 24. Navy Chief Admiral Muhammad Ali said the ship could serve Indonesia for another 15 to 20 years and accommodate 14 helicopters or more.
How Indonesia acquired the carrier for free
Italy gifted the Giuseppe Garibaldi to Indonesia in March 2026 to avoid the cost of decommissioning the vessel after it retired in 2024. The transfer strengthened Italy’s broader defence engagement with Southeast Asia and opened doors for potential submarine and aircraft deals. Indonesia paid approximately $60 million for the long-distance delivery voyage, but the ship itself carried no purchase price. The Italian Senate approved the transfer despite political opposition.
What the ship brings to Indonesia’s navy
The Garibaldi measures 180 metres in length and 33 metres in width, powered by four gas turbines. It can carry up to 16 helicopters depending on their size, though Admiral Ali cited a capacity of 14 helicopters. The vessel was originally built as a cruiser-carrier with torpedo tubes and missile launchers for self-defence. It served Italy in multiple conflicts over 40 years, including operations in Kosovo, Afghanistan, and Libya.
Budget and maintenance concerns
Indonesia’s government approved US$450 million for the aircraft carrier programme, but some lawmakers warn the final bill could exceed this amount. The vessel’s upkeep and crew training represent ongoing costs that extend beyond the initial acquisition. The Indonesian Navy prepared 310 personnel for the carrier’s arrival and integration into active service.
The re-flagging ceremony and future role
The ship will be renamed KRI Sriwijaya after the maritime empire that dominated much of Sumatra, Java, and the Malay Peninsula in the 9th century. Admiral Muhammad Ali said the carrier would primarily support military operations other than war, including disaster response and maritime security. The official re-flagging from Italian to Indonesian colours occurs on September 24. Indonesia intends to use the ship for combat missions if necessary, though its primary role focuses on humanitarian and non-combat operations.
Final Thoughts
Indonesia’s acquisition of a carrier at minimal cost strengthens its maritime position in Southeast Asia, though lawmakers debate whether maintenance expenses justify the strategic gain. The ship’s 15 to 20-year service life offers Indonesia extended naval reach without a major capital outlay.
FAQs
Italy avoided the cost of decommissioning and demolition after the ship retired in 2024. The gift also strengthened Italy’s defence ties with Southeast Asia and potential submarine and aircraft deals.
The ship itself was free. Indonesia paid approximately $60 million for the three-week delivery voyage from Italy to Jakarta.
The official re-flagging ceremony occurs on September 24, 2026, when the Italian flag is replaced with the Indonesian flag.
The vessel can accommodate 14 helicopters or more, depending on their size, according to Navy Chief Admiral Muhammad Ali.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
About Author

Huzaifa Zahoor
Co FounderHuzaifa Zahoor is the engineer who built Meyka. He has spent years writing Python, training AI models, and building data pipelines specifically for financial markets. His technical articles have reached over 30,000 readers on Medium, so he knows how to make complex things easy to follow. If this article touches on how the tools work, he is the person who actually built them.
What brings you to Meyka?
Pick what interests you most and we will get you started.
I'm here to read news
Find more articles like this one
I'm here to research stocks
Ask Meyka Analyst about any stock
I'm here to track my Portfolio
Get daily updates and alerts (coming March 2026)