What Alam Maritim Resources does

Alam Maritim Resources Berhad (AMRB) is a Malaysia-listed investment holding company (Bursa Malaysia Main Board, stock code 5115, since 20 July 2006) that provides offshore marine and subsea services to the upstream oil and gas industry. The group commenced operations in 1998 through its wholly-owned subsidiary Alam Maritim (M) Sdn Bhd and has grown to operate a fleet of 36 offshore support vessels (OSVs), positioning it among the largest owners of Malaysian-flagged OSVs by tonnage. AMRB's service offering is organized across four integrated divisions: offshore marine vessel charter (AHTS, crew boats, utility vessels) through Alam Maritim (M) Sdn Bhd and the TH Alam Management joint venture; offshore construction, subsea engineering, and underwater services through Alam Hidro (M) Sdn Bhd and the Subsea Worldwide Solutions (SWS) joint venture; offshore pipelay and installation (OIC) including heavy lifting, mooring, and EPC for Single Point Mooring units; and integrated logistics through International Gateway Services Sdn Bhd (IGS).

The group's revenue is generated through time charter arrangements, project-based contracts for subsea construction and pipelay work, and lump-sum EPC engagements. AMRB serves national oil companies (notably the PETRONAS group, including Petronas Carigali and Vestigo Petroleum), international oil companies (Repsol, ExxonMobil, Hibiscus, Hess, Lundin, Roc Oil, Sarawak Shell), and logistics clients, primarily across Malaysia and Southeast Asia. The company monetizes specialized proprietary assets including 200m and 300m saturation diving systems, and a fleet of ROVs (Kingfisher 300m class, Pari 125HP work class rated to 3,000m, and Jerung 175HP work class rated to 3,000m). AMRB holds ISO 9001, ISO 45001, and EMS certifications and has accumulated more than 25 years of HSE performance record, evidenced by numerous zero-incident awards and achievement of over 1 million safe man-hours on the PFLNG Satu project. The company exited PN17 status on 8 June 2026 after completing its debt restructuring ahead of schedule.

Name

Alam Maritim Resources

Legal name

Alam Maritim Resources Berhad

Website

https://alam-maritim.com.my

Company type

Public

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Short description

Alam Maritim Resources Berhad is a Malaysia-listed offshore services provider operating 36 OSVs and offering subsea engineering, ROV, saturation diving, and pipelay installation to upstream oil and gas operators, principally PETRONAS group and international oil companies across Southeast Asia.

Ownership category

akta.pro rank

Product category

Offshore Oil and Gas Services

NAICS

Support Activities for Water Transportation (4883)

SIC

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

akta.pro primary industry

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

Keywords

• Offshore support vessels
• Offs

Headquarters

HQ city

Petaling

HQ country

Malaysia

HQ region

Asia

Offices9 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Offshore Support Vessels (OSV) Charter and Services: Provision of vessels for charter hire including anchor handling and tug supply vessels (AHTS), crew boats, and utility vessels. Services include assisting seismic operators, transportation of crew and supplies, towing and mooring of rigs offshore, and anchor-handling services. Revenue generated through time charter contracts and spot charter arrangements.
2. Sub-sea Services: Offshore facilities construction and installation services including marine construction, sub-sea engineering, offshore pipeline construction, ROV services, and underwater diving services. Revenue recognized through project-based contracts.
3. Offshore Pipelay and Installation (OIC): Transportation, installation and commissioning of pipelines, structures and subsea equipment. Services include heavy lifting works, mooring/subsea facilities EPC, onshore approach/pipeline, and offshore pipeline installation. Revenue through lump-sum project contracts.
4. Integrated Logistics and Ancillary Services: Transportation, ship forwarding and agency, ship chandelling, yard management, warehouse facilities administration and related activities through International Gateway Services Sdn Bhd (IGS).

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Alam Maritim Resources Berhad is an integrated offshore oil and gas services provider that owns and operates a fleet of 36 offshore support vessels and delivers offshore marine charter, subsea construction and underwater services, offshore pipelay and installation, and integrated logistics services to upstream oil and gas operators in Malaysia and the region. The company's offerings are anchored by deepwater capabilities including 200m and 300m saturation diving systems and a suite of ROVs (Kingfisher, Pari, Jerung).

Product overview

Alam Maritim Resources Berhad operates as an integrated offshore services provider for the oil and gas industry, offering a comprehensive portfolio of vessel and subsea services through its wholly-owned and joint venture subsidiaries. The core business spans four main areas: (1) Offshore Marine services through Alam Maritim (M) Sdn Bhd providing ship owning, managing and chartering of offshore support vessels; (2) Subsea Engineering & Underwater Services through Alam Hidro and Subsea Worldwide Solutions offering construction, installation, saturation diving, and ROV operations using Kingfisher, Pari, and Jerung ROV systems; (3) Offshore Pipelay & Installation through the OIC division handling heavy lifting, pipeline installation and mooring/EPC work; and (4) Integrated Logistics through International Gateway Services providing transportation, warehousing and ship support services. The company owns and operates 36 offshore support vessels making it one of the largest Malaysian-flagged OSV operators by tonnage.

Differentiator

Problem solved

Functional benefit

Products and services

• Offshore Support Vessel (OSV) Charter Services Charter of offshore support vessels (owned fleet of 36 vessels) used to transport personnel, supplies, and equipment to and from offshore installations for upstream oil and gas operators and their contractors.
• Offshore Subsea Construction and Underwater Services Subsea construction and underwater services delivered by the Group utilizing 200m and 300m saturation diving systems and ROVs (Kingfisher, Pari, Jerung), for upstream oil and gas operators requiring installation, inspection, maintenance, and repair of subsea infrastructure.
• Offshore Pipelay and Installation Services Offshore pipelay and installation services for upstream oil and gas projects, covering pipeline lay and offshore installation works as part of the Group's integrated offering.
• Integrated Offshore Logistics Services Integrated logistics services delivered in support of offshore oil and gas campaigns, including materials, equipment, and personnel movement coordinated through the Group's logistics capability.

Quantifiable outcome

• Among the largest owner of Malaysian-flagged offshore support vessels (36 vessels)
• +5 more outcomes

Named customers13 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Three partnerships are on record, tiered minor and core.

• Baker TillyminorOthers · 1 January 2026Baker Tilly was appointed as auditors for Alam Maritim Resources Berhad, replacing the previous auditors.
• AME Subsea Sdn BhdcoreStrategic or Co-development Partner · 1 January 2018In 2018, AME Subsea Sdn Bhd, in collaboration with Alam Hidro (M) Sdn Bhd, established Subsea Worldwide Solutions Sdn Bhd (SWS). Dato' Aloysius Albert Michael, through AME Subsea Sdn Bhd, is an indirect major shareholder and director of SWS. SWS has become one of the principal earnings drivers of the AMRB Group.
• Lembaga Tabung Haji (Pilgrims' Fund Board of Malaysia)coreStrategic or Co-development Partner · 1 January 2009In 2009, Alam Maritim (L) Inc (AMLI), a wholly owned subsidiary of AMRB, signed a joint venture agreement with Lembaga Tabung Haji to jointly finance, own and operate six vessels comprising four anchor handling and tug supply vessels (AHTS) and two accommodation vessels equipped with high-technology supporting deeper water exploration capabilities. Under this agreement, TH Alam Management (M) Sdn Bhd was incorporated on 4th May 2010, with AMLI owning 50% stake and Lembaga Tabung Haji owning the balance.

Scale indicators9 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Bumi Armada: Malaysian-based offshore services company operating FPSOs and offshore support vessels serving oil and gas operators in the region. Directly comparable to AMRB as a Malaysian-flagged OSV player competing for similar charter and subsea contracts with Petronas and other regional operators.
• Vallianz Holdings: Singapore-headquartered offshore vessel owner and operator serving the Middle East and Southeast Asian oil and gas markets. Comparable to AMRB as an OSV-heavy offshore services provider competing for regional charter work.
• Scomi Energy Services: Malaysian-based offshore services provider with a history in marine logistics and offshore vessel operations. Comparable to AMRB's Malaysian O&G customer base and offshore service portfolio.
• MISC Berhad: Malaysian maritime and offshore solutions provider including offshore support vessel services and subsea. Comparable as a Malaysian-listed peer serving similar O&G customer base, though with a more diversified shipping portfolio.
• EMAS Offshore (Propel Global): Singapore-based offshore support vessel and subsea services company with significant Asian operations. Comparable to AMRB's OSV charter and subsea services offering for upstream oil and gas clients.
• Sapura Energy (formerly SapuraKencana): Major Malaysian integrated offshore services and drilling company providing subsea, pipelay, and OSV services globally. Highly comparable to AMRB's integrated service stack and Malaysian customer base, though at a meaningfully larger scale.

Broad incumbents

• Subsea 7: Global offshore engineering, construction, and subsea services company with industry-leading pipelay and subsea vessel fleet. Comparable as a subsea construction peer in the same offshore installation value chain as AMRB's OIC division.
• TechnipFMC: Global leader in subsea, surface, and offshore project delivery for the energy industry. Comparable to AMRB's subsea engineering and pipelay/installation services, though operating at vastly larger scale and scope.
• DOF Subsea: Global provider of subsea engineering, ROV, diving, and offshore vessel services to the oil and gas industry. Comparable to AMRB's subsea services business (Alam Hidro and SWS) particularly in ROV and diving operations.

Regional players

• Shelf Drilling: Offshore drilling contractor focused on jack-up rigs in shallow water regions including Southeast Asia. Adjacent offshore services peer in the upstream oil and gas value chain operating in similar geographies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries5 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Alam Maritim Resources