Soechi Lines
PT Soechi Lines Tbk (IDX: SOCI) is an Indonesian publicly listed integrated energy transportation company operating 37+ vessels and a 219-hectare shipyard, serving National Oil Companies and oil majors with marine transportation, FSO, and shipbuilding services across domestic and regional routes.
- Company typePublic
- Founded1977
- HeadquartersJakarta Pusat, Indonesia
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Soechi Lines does
PT Soechi Lines Tbk (IDX: SOCI) is an Indonesian publicly listed integrated energy transportation company that has operated in marine transportation since 1977. The company owns and operates a fleet of more than 37 vessels ranging from 1,176 DWT to 308,595 DWT, including Floating Storage Offloading (FSO) vessels, crude tankers, Very Large Crude Carriers (VLCCs), chemical carriers, and refined product carriers. Services span the full oil and gas supply chain — receiving and storing oil at the field, transporting crude to refineries, importing crude via VLCC, and distributing refined products to end users. The company also transports Crude Palm Oil domestically and regionally. Soechi is described as the largest Indonesian domestic tanker owner, with the cabotage-regulated domestic market protected from foreign-flagged competition across routes from Sumatra to Papua and internationally into Southeast Asia, India, and the Middle East.
The company generates revenue through transaction-fee-based shipping services across three primary streams: oil and gas transportation (the core), Crude Palm Oil shipping, and shipyard services via its wholly-owned subsidiary PT Multi Ocean Shipyard (MOS). MOS operates a 219-hectare integrated shipyard in Tanjung Balai Karimun (Malaka Strait free trade zone) with 1.3 km of coastline and 12-meter draft, providing MRO and new-building for vessels up to 17,500 DWT — making Soechi the only Indonesian shipping company with an integrated shipyard. The company has three Singapore-incorporated wholly-owned subsidiaries (Success International Marine Pte. Ltd., Success Marine Offshore Pte. Ltd., and Soechi Capital Pte. Ltd.) supporting regional operations and treasury. Customer relationships are direct and enterprise-grade, with National Oil Companies and Prominent Oil Companies as primary counterparties; pricing is negotiated per contract and not publicly disclosed. Headquartered at Sahid Sudirman Center, Jakarta Pusat, the company employs more than 1,100 people (over 700 crews and 400 shore-based staff).
Soechi Lines firmographics
Firmographics- Name
- Soechi Lines
- Legal name
- PT Soechi Lines Tbk
- Website
- https://soechi.com
- Company type
- Public
- Founded year
- 1977
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- PT Soechi Lines Tbk (IDX: SOCI) is an Indonesian publicly listed integrated energy transportation company operating 37+ vessels and a 219-hectare shipyard, serving National Oil Companies and oil majors with marine transportation, FSO, and shipbuilding services across domestic and regional routes.
- Ownership category
- akta.pro rank
Soechi Lines industry classification
Industry- Product category
- Marine Transportation Services
- NAICS
- Ship Building and Repairing (336611), Support Activities for Water Transportation (4883)
- SIC
- Deep Sea Foreign Transportation Of Freight (4412), Oil & Gas Field Services, Nec (1389)
- akta.pro primary industry
- Offshore Support & Marine Logistics Vessel Operators (PSV/AHTS) (TLADABAL)
- akta.pro secondary industries
- Cargo Handling & Lifting Equipment (Cranes, Derricks, Hoists) (IMAJAIAB), Piping, HVAC & Fluid Systems (Fuel, Ballast, Firemain, Refrigeration) (TLAHAMAF), Offshore Marine & Aviation Support (PSVs, AHTS, Crew Boats, Helicopters) (EUALABAJ)
Keywords
Where Soechi Lines is headquartered
LocationHeadquarters
- HQ city
- Jakarta Pusat
- HQ country
- Indonesia
- HQ region
- Asia
Offices2 records
Markets served
Soechi Lines business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Personnel, Infrastructure, Others
Revenue model
- Oil and Gas Transportation: Transportation of crude oil, natural gas, and refinery products through a fleet of tankers. Services include FSO receiving/storage, crude tanker transport to refineries, VLCC import crude transport, and product distribution to end users.
- Shipyard Services: Maintenance, Repair and Overhauling (MRO) services and new shipbuilding through PT Multi Ocean Shipyard (MOS) located in Tanjung Balai Karimun, Riau Islands.
- Crude Palm Oil Transportation: Domestic and regional shipment of Crude Palm Oil products.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
Soechi Lines product offering
Product offeringCore offering
Soechi Lines is an integrated marine transportation and shipyard company that owns and operates a fleet of more than 30 vessels for oil, gas, and chemical transportation, including FSO units, crude oil tankers, VLCCs, and product carriers. Through its subsidiary PT Multi Ocean Shipyard (MOS), the company additionally provides ship maintenance, repair, overhaul, and new shipbuilding services, offering customers end-to-end marine logistics and vessel lifecycle support.
Product overview
Soechi Lines operates as an integrated energy transportation company offering a comprehensive suite of maritime services centered around oil, gas, and chemical transportation. The company maintains a fleet of over 37 vessels ranging from small tankers (1,500 DWT) to Very Large Crude Carriers (VLCC) up to 308,000 DWT capacity. The portfolio includes Floating Storage Offloading (FSO) services, crude tankers, VLCCs, and refined product carriers serving domestic Indonesian routes and international routes to South East Asia, India, and the Middle East. Additionally, the company operates PT Multi Ocean Shipyard (MOS), an integrated shipyard facility in Karimun providing ship maintenance, repair, overhaul, and new shipbuilding services. The company also provides Crude Palm Oil transportation for domestic and regional markets.
Differentiator
Problem solved
Functional benefit
Products and services
- Oil, Gas, and Chemical Marine Transportation Services Charter and operation of a fleet of more than 30 vessels for the marine transport of crude oil, refined petroleum products, and chemicals, including FSO, crude tankers, VLCC, and product carriers, delivered to National Oil Companies and prominent Oil Companies.
- PT Multi Ocean Shipyard (MOS) Shipyard Services Ship maintenance, repair, overhaul (MRO), and new shipbuilding services provided through PT Multi Ocean Shipyard, supporting vessel lifecycle needs for the company's own fleet and external customers.
- Floating Storage and Offloading (FSO) Services Operation of FSO vessels providing floating storage and offloading of oil cargoes for energy customers requiring offshore storage and transfer solutions.
- Crude Oil Tanker Services Crude oil tanker operations transporting unrefined crude oil for National Oil Companies and major Oil Companies.
- VLCC (Very Large Crude Carrier) Services Very Large Crude Carrier operations for long-haul crude oil shipment contracts for energy sector customers.
- Product Tanker Services Product tanker services for the marine transport of refined petroleum products and chemicals to oil, gas, and chemical industry customers.
Quantifiable outcome
- Ships with National Pollution Prevention Certificates demonstrating environmental compliance
Companies that use Soechi Lines
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles1 record
Soechi Lines technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Soechi Lines partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Silo MaritimeminorTrading company partner in vessel acquisition. MISC sold two laid-up LNG carriers previously deployed on Yemen LNG routes, with Soechi Lines and Silo Maritime acquiring the vessels for redeployment in South East Asia.
Scale indicators6 records
Recent moves7 records
Expansion highlights6 records
Soechi Lines competitors and assessment
Company assessmentDirect peers
- International Seaways: US-listed tanker company operating VLCCs, Suezmaxes, and product tankers globally, comparable to Soechi's diversified tanker portfolio across crude and refined product segments.
- PT Samudera Indonesia: Indonesian-listed integrated shipping company with container, tanker, and logistics operations; directly comparable to Soechi as a domestic Indonesian shipping platform with cabotage-protected operations.
- Euronav NV: Belgian VLCC and Suezmax tanker operator with a global crude tanker fleet, directly comparable to Soechi's crude tanker and VLCC capabilities and customer base.
- Scorpio Tankers: Global product and crude tanker operator listed in New York, comparable to Soechi's product tanker and crude tanker segments serving similar refining and trading customers.
- PT Humpuss Intermoda Transportasi: Indonesian-listed shipping company with tanker, chemical, and gas carrier operations; directly comparable to Soechi's domestic tanker and chemical shipping business under Indonesian cabotage protection.
- DHT Holdings: Pure-play VLCC operator listed in New York, comparable to Soechi's VLCC operations in scale, customer base (Asian and Middle Eastern refiners), and exposure to crude tanker day-rate cycles.
- Frontline plc: Global crude tanker and VLCC operator listed in Oslo, directly comparable to Soechi's VLCC and Aframax crude tanker segments serving similar IOC/NOC customers worldwide.
- Pertamina International Shipping: Indonesian state-owned tanker and shipping subsidiary of Pertamina, directly comparable to Soechi Lines as a domestic tanker operator serving Indonesian NOCs under cabotage regulations, with overlapping crude/product and gas shipping operations.
Broad incumbents
- MISC Berhad: Malaysian integrated shipping and offshore operator, a broad incumbent comparable to Soechi's tanker/LNG operations; MISC just divested two LNG carriers to Soechi, confirming direct fleet-level overlap in LNG and tanker shipping.
Regional players
- PT Pelayaran Nasional Indonesia (Pelni): Indonesian state-owned shipping company operating passenger and cargo vessels domestically; comparable as a fellow Indonesian-flagged operator benefiting from cabotage rules, though focused on passenger/logistics rather than tankers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Soechi Lines social profiles
Digital presenceSoechi Lines compliance and trust
Trust signalCompliance1 record
Soechi Lines financial estimates
Financial estimateRevenue estimate
Valuation estimate
Soechi Lines leadership team
Management profileNumber of profiles
Profiles4 records
Soechi Lines subsidiaries and ownership
Company hierarchySubsidiaries4 records
Soechi Lines funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Soechi Lines M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Soechi Lines
What does Soechi Lines do?
Soechi Lines is an integrated marine transportation and shipyard company that owns and operates a fleet of more than 30 vessels for oil, gas, and chemical transportation, including FSO units, crude oil tankers, VLCCs, and product carriers. Through its subsidiary PT Multi Ocean Shipyard (MOS), the company additionally provides ship maintenance, repair, overhaul, and new shipbuilding services, offering customers end-to-end marine logistics and vessel lifecycle support.
Is Soechi Lines a public or private company?
Soechi Lines is a public company. It is classified as public and is currently operating.
When was Soechi Lines founded?
Soechi Lines was founded in 1977. It employs 251 to 500 people.
Where is Soechi Lines based?
Soechi Lines is headquartered in Jakarta Pusat, Indonesia, in the Asia region.
How does Soechi Lines make money?
Three revenue lines are on record. Oil and Gas Transportation is the primary driver. The others are shipyard Services and crude Palm Oil Transportation.
Who are Soechi Lines's main competitors?
Direct peers on record are International Seaways, PT Samudera Indonesia, Euronav NV, Scorpio Tankers, PT Humpuss Intermoda Transportasi, DHT Holdings, Frontline plc and Pertamina International Shipping. MISC Berhad is listed as a broad incumbent. PT Pelayaran Nasional Indonesia (Pelni) is listed as a regional player.
Does Soechi Lines have an API?
No public API is recorded for Soechi Lines.
What industry is Soechi Lines in?
Soechi Lines's product category is Marine Transportation Services. Its primary akta.pro industry code is TLADABAL, Offshore Support & Marine Logistics Vessel Operators (PSV/AHTS), with a secondary code of IMAJAIAB, Cargo Handling & Lifting Equipment (Cranes, Derricks, Hoists). Its NAICS code is 336611 and its SIC code is 4412.