POSH

Name

POSH

Legal name

PACC Offshore Services Holdings Ltd.

Website

https://posh.com.sg

Company type

Public

Founded year

2006

Operating status

Operating

Headcount range

1,001–5,000 employees

Ownership category

akta.pro rank

Product category

Offshore Marine Services

NAICS

Support Activities for Water Transportation (4883), Port and Harbor Operations (488310), Other Support Activities for Water Transportation (48839)

SIC

Oil & Gas Field Services, Nec (1389), Water Transportation (4400), Oil & Gas Field Machinery & Equipment (3533)

akta.pro primary industry

Offshore Marine & Aviation Support (PSVs, AHTS, Crew Boats, Helicopters) (EUALABAJ)

akta.pro secondary industries

Offshore Support & Marine Logistics Vessel Operators (PSV/AHTS) (TLADABAL), Marine & Offshore Energy O&M (Offshore Wind, Platforms, Subsea Assets) (EUAEAGAO), Offshore Subsea Gathering & Flowline Systems (TLAGAJAF)

Keywords

• Offshore marine services
• Subsea construction
• FPSO towage
• Vessel chartering
• Offshore renewables

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain

Revenue model

1. Vessel Chartering Services: Long-term and short-term vessel charters including offshore supply vessels, accommodation vessels, and anchor handling tugs to oil and gas operators
2. Subsea Services: Integrated subsea IMR and SURF installation services through POSH Subsea division
3. Ocean Towage and Installation: Transoceanic towage of FPSO/FLNG units, station-keeping services, mooring and installation operations
4. Harbour Towage Services: Harbour towage operations including 24/7 licensed harbour tug operations in Singapore
5. Turnkey Project Solutions: Integrated project management and execution services for offshore construction and installation projects

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

POSH provides specialist offshore marine services for the global energy sector, operating a diversified fleet of more than 40 vessels across four core service divisions: POSH Subsea (subsea IMR and SURF installation), Offshore Towage & Projects Logistics (FPSO/FLNG towage, station-keeping and mooring), Offshore Renewables (floating wind transportation and installation), and Vessel Chartering Services (accommodation vessels, offshore supply vessels, anchor handling tugs, and multi-purpose support vessels). The company delivers long-term charters, integrated subsea solutions, and turnkey project management for upstream oil and gas operators, EPC contractors, and offshore wind developers worldwide.

Product overview

POSH (PACC Offshore Services Holdings Limited) is an offshore marine services company providing specialist solutions for the global energy sector. The company operates a diversified fleet of over 40 vessels across four core service divisions: POSH Subsea (IMR and SURF installation), Offshore Towage & Projects Logistics (FPSO/FLNG towage, station-keeping, mooring), Offshore Renewables (floating wind support), and Vessel Chartering Services (accommodation vessels, OSVs, AHTS vessels). Key vessel products include POSH Deep C (DP-3 offshore construction vessel), POSH Courage (DP2 AHT), POSH Mallard (DP2 dive support vessel), POSH Natuna (subsea construction vessel), and the SSAV duo POSH Arcadia and POSH Xanadu (750-pax DP-3 semi-submersible accommodation vessels). The company also operates joint ventures including POSH Terasea (ocean towage) and formerly POSH Kerry Renewables (Taiwan offshore wind).

Differentiator

Problem solved

Functional benefit

Products and services

• POSH Subsea
• Offshore Towage & Projects Logistics
• Offshore Renewables
• Vessel Chartering Services
• POSH Deep C
• POSH Courage
• POSH Mallard
• POSH Natuna
• POSH Arcadia
• POSH Xanadu
• POSH Endurance
• POSH Terasea
• POSH Daring
• POSH Teal
• Harbour Towage Services

Quantifiable outcome

• Zero Total Recordable Case Frequency per Million hours (0 TRCF Per Million)
• +3 more outcomes

Named customers12 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Eleven partnerships are on record, tiered minor and core.

• Wison New Energies Co., Ltd.minorOthers · 12 September 2025Selected to tow the Nguya FLNG facility from Lvsi, Qidong, China to Republic of Congo as part of ENI Congo LNG Project Phase 2.
• LongitudeminorImplementation/ SI/ Consulting Partner · 12 September 2025Engineering services provider appointed for marine operations engineering including station-keeping operations, hook-up of mooring system, tether chain assembly and flexible riser connection for Nguya FLNG project.
• Seamec LimitedcoreStrategic or Co-development Partner · 13 April 2022Consortium partnership for ONGC PRP-7 subsea installation and construction project off India's west coast. Contract value exceeding US$100 million. POSH deployed four vessels and oversees overall project management as lead partner.
• First Marine Solutions (FMS)coreStrategic or Co-development Partner · 5 April 2022MoU partnership to explore floating offshore wind opportunities in Europe. FMS designed and supplies offshore floating wind mooring systems while POSH handles installation of mooring systems. Joint tender development and delivery for floating wind projects.
• Maritime and Port Authority of Singapore (MPA)minorOthers · 23 December 2020Government authority providing MINT co-funding for joint industry project on additive manufacturing for maritime sector.
• National Taiwan Ocean University (NTOU)minorStrategic or Co-development Partner · 11 April 2019Partnership to introduce Taiwan's first-ever offshore Fast Rescue Craft (FRC) training for local crew members. NTOU conducted four-day training program on board POSH GAYA.
• Metal Industries Research & Development Centre (MIRDC)minorStrategic or Co-development Partner · 11 April 2019MoU partnership to develop Taiwan's first specialized Maritime Training Centre. POSH Kerry joins Maersk Training and DNV GL to develop professional DP training and maritime courses.
• Seagreen EnterpriseminorStrategic or Co-development Partner · 24 July 2018MoU to jointly develop local marine capabilities and talent pool in Taiwan. Seagreen leverages POSH's track record to enhance operational know-how. Joint initiatives for recruitment and training of Taiwanese crew.
• Kerry TJ LogisticscoreStrategic or Co-development Partner · 12 July 2018Joint venture POSH Kerry Renewables for Taiwan offshore renewables market. Combines POSH's offshore marine expertise with Kerry TJ's logistics capabilities to support offshore wind farm projects.
• Ezion Holdings LtdminorStrategic or Co-development Partner · 1 January 2016POSH Terasea joint venture partner for high bollard pull ocean tugs providing towage and mooring installation services for FPSO vessels and floating production systems.
• Seabridge Marine Services LtdminorStrategic or Co-development Partner · 1 January 2016POSH Terasea joint venture partner for heavy-lift cargo transportation and offshore marine services.

Scale indicators11 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Vallianz Holdings: Singapore-based offshore support vessel operator serving oil & gas customers across the Middle East, Asia, and Latin America; competes directly with POSH in vessel chartering and offshore marine services from a similar Singapore base.
• Mermaid Maritime: Thailand-listed subsea and offshore support services provider with a focus on Southeast Asia, Middle East, and India; comparable to POSH in subsea IMR, SURF, and vessel chartering for upstream oil & gas.
• DOF Subsea: Norwegian offshore subsea services and OSV operator with a global fleet of subsea construction, ROV, and IMR vessels; directly comparable to POSH Subsea in SURF, IMR, and offshore construction services.
• Tidewater Inc. One of the world's largest owners/operators of offshore support vessels serving the global energy industry; directly comparable to POSH's vessel chartering and OSV business across geographies.
• Smit Lamnalco: Royal Boskalis subsidiary providing harbour towage, terminal services, and offshore vessel support globally; closely comparable to POSH's harbour towage and offshore support vessel activities, particularly in Singapore.
• Bourbon Corporation: French offshore marine services provider operating a large fleet of OSVs (AHTS, PSVs, MPSVs) for oil & gas customers worldwide; directly comparable in vessel chartering and offshore support services.
• Vroon Offshore: Dutch offshore support vessel operator with a diversified fleet of AHTS, PSVs, and subsea vessels; comparable to POSH in vessel chartering and offshore marine services for oil & gas operators.
• Solstad Offshore: Norwegian offshore support vessel owner/operator with global presence in AHTS, PSVs, and subsea construction vessels; directly comparable to POSH's OSV and subsea construction offerings.

Broad incumbents

• Saipem: Italian offshore E&C and drilling contractor with broad subsea, SURF, FPSO, and offshore wind capabilities; broader incumbent competing with POSH on integrated subsea and offshore construction tenders globally.
• TechnipFMC: Global subsea and surface technologies provider offering integrated subsea engineering, manufacturing, and installation services; broader incumbent that overlaps with POSH Subsea on SURF and subsea installation scopes.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

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• Facebookfacebook.com/paccoffshore
• LinkedInlinkedin.com/company/posh-fleet-services
• Instagraminstagram.com/paccoffshore

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about POSH