Berlian Laju Tanker

What Berlian Laju Tanker does

PT Berlian Laju Tanker Tbk (BLT, IDX: BLTA) is an Indonesian maritime shipping company founded in 1981 that operates a focused fleet of 10 vessels comprising 2 LPG carriers and 8 chemical/oil tankers, serving domestic Indonesian and international routes across Southeast Asia, South Asia, and East Asia. The company's core business is chartering vessels under Time Charter and Commercial Management arrangements to oil & gas majors, petrochemical producers, mining companies, and industrial gas distributors — including Pertamina, Petronas, Shell, ExxonMobil, BP, Freeport, Mitsubishi, Marubeni, Mitsui, and PTT Group. BLT holds SIRE approval from OCIMF and ISO 9001/14001/45001 certifications, which gate access to major oil company terminals.

The company generates revenue through four streams: vessel time charter (recurring charter hire from owned vessels), commercial management (fees for operating third-party vessels), ship management and crew management services (via subsidiaries Gold Bridge Shipping Ltd. and PT Dewi Sri Maritim), and ship ownership consulting plus cryogenic ISO tank container distribution (via PT Cendanawati Logistik Indonesia, which is the exclusive Indonesian agent for Chinese CSSC-affiliated Chengxi (Taizhou) Equipment Technology). All chartering and maritime services are quote-based and not publicly priced. The company operates a B2B sales-led go-to-market model via direct chartering inquiries, investor relations, and corporate communications.

BLT's go-to-market is anchored by a 43+ year operating history, integrated subsidiary ecosystem, and long-tenured relationships with global industry leaders. The company is publicly listed on IDX (delisted from SGX in 2019–2020), with 16.90% held by substantial shareholder PT Tunggaladhi Baskara and significant influence exercised by the Surya family. Following a 2012–2017 PKPU debt restructuring, the company is in a fleet rejuvenation phase with six new vessel deliveries between 2022 and 2024, revenue growth of 48.9% in 2023, and net profit of US$15.6 million on US$39 million of revenue.

Name

Berlian Laju Tanker

Legal name

PT Berlian Laju Tanker Tbk

Website

https://blt.co.id

Company type

Public

Founded year

1981

Operating status

Operating

Headcount range

101–250 employees

Short description

PT Berlian Laju Tanker is an Indonesian maritime shipping company operating 2 LPG and 8 chemical tankers, serving oil & gas, petrochemical, mining, and industrial customers across Southeast Asia under chartering and maritime services contracts.

Ownership category

akta.pro rank

Product category

Maritime Tanker Shipping Services

NAICS

Marine Cargo Handling (488320)

SIC

Water Transportation (4400), Deep Sea Foreign Transportation Of Freight (4412)

akta.pro primary industry

Chemical & Petrochemical Tanker Transport (TLADALAB)

akta.pro secondary industry

Liquid Bulk / Crude & Product Tanker Operators (VLCC/Suezmax/Aframax/MR) (TLADABAD)

Keywords

• Liquid cargo shipping
• Tanker vessel chartering
• Chemical tanker services
• Gas carrier transportation
• Maritime transportation services

Headquarters

HQ city

Jakarta

HQ country

Indonesia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Supply Chain, Marketing or Sales, Others

Revenue model

1. Vessel Time Charter: The company charters its owned vessels (Gas Carriers and Oil/Chemical Tankers) to customers under time charter arrangements, generating recurring charter hire revenue.
2. Commercial Management: Management and operation of vessels under Commercial Management arrangements, delivering marine transportation services and generating management fees.
3. Ship Management Services: Through Gold Bridge Shipping Ltd. (GBSL), comprehensive ship management services are provided to vessel owners.
4. Crew Management Services: Through PT Dewi Sri Maritim (DSM), professional crew management services are delivered to internal and external vessel owners.
5. Consultant Services: Through BLT Consultant Service (BCS), practical legal, HR, IT, tax and accounting support to businesses establishing operations in Indonesia.
6. ISO Tank Container Sales and Leasing: Through PT Cendanawati Logistik Indonesia (CLI), cryogenic ISO tank containers are marketed on sale or rental basis.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

PT Berlian Laju Tanker Tbk operates a fleet of Gas Carriers and Oil/Chemical Tankers to transport liquid and gas cargo under Time Charter and Commercial Management arrangements. The company delivers end-to-end maritime services including vessel ownership, operation, ship management, crew management, and consultant services for business establishment in Indonesia, plus cryogenic ISO Tank container leasing for LNG and industrial gases through its subsidiary PT Cendanawati Logistik Indonesia.

Product overview

PT Berlian Laju Tanker is a maritime shipping company offering end-to-end maritime solutions through a portfolio of vessel types and supporting services. The core offerings include Ship Ownership (Gas Carriers and Oil/Chemical Tankers), Vessel Operation and Commercial Management, Maritime Services, and Ship Management. Supporting services are delivered through subsidiaries: Gold Bridge Shipping Ltd. handles ship management; PT Dewi Sri Maritim provides crew management; BLT Consultant Service assists with business establishment in Indonesia; and PT Cendanawati Logistik Indonesia operates the ISO Tank Container business for cryogenic gas transportation. The company currently operates 2 LPG tankers and 8 chemical tankers, serving domestic and international markets.

Differentiator

Problem solved

Functional benefit

Products and services

• Ship Ownership (Gas Carriers and Oil/Chemical Tankers) Vessel ownership and investment service covering Gas Carriers and Oil/Chemical Tankers, acquired and managed with focus on long-term value creation for enterprise charterers and industrial customers.
• Vessel Operation and Commercial Management Management and operation of vessels under Time Charter and Commercial Management arrangements, delivering marine transportation services to enterprise charterers across domestic and international routes.
• Maritime Services Tailored maritime solutions leveraging extensive local and international experience for enterprise customers requiring customized liquid cargo shipping support.
• Ship Management Services (Gold Bridge Shipping Ltd.) Comprehensive ship management services provided through subsidiary Gold Bridge Shipping Ltd. (GBSL), covering safety, security, technical, certification, nautical, and manning operations for vessel owners.
• Crew Management Services (PT Dewi Sri Maritim) Professional crew management delivered through PT Dewi Sri Maritim (DSM), providing crew recruitment, selection, and training services for internal and external vessel owners.
• Consultant Services (BLT Consultant Service) Practical legal, HR, IT, tax, and accounting support for businesses establishing operations in Indonesia, delivered through BLT Consultant Service (BCS).
• ISO Tank Container Business (PT Cendanawati Logistik Indonesia) Cryogenic T75 ISO Tank Container business for transporting cooled liquefied gases including LNG, LO2, LCO2, LN2, Argon and Acetylene in 20 and 40 feet sizes, marketed on sale and leasing basis through subsidiary PT Cendanawati Logistik Indonesia (CLI).

Quantifiable outcome

• 220+ completed projects and growing fleet of 10 vessels (2 LPG tankers and 8 chemical tankers) as of 2025.
• +2 more outcomes

Named customers17 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• PT Pertamina International Shipping (PIS)coreStrategic or Co-development PartnerPIS serves as a key charterer of BLT vessels. Gold Bridge Shipping Ltd., BLT's subsidiary, was audited for CSMS (Contractor Safety Management System) by PIS. Gas Lombok received 'Best Performance and Excellence in Operation' award from PIS.
• PT Aswatama Samudera Nusantara (ASN)coreStrategic or Co-development PartnerASN is an affiliated company providing additional chartered vessels. In 2023, the addition of 2 vessels chartered from ASN contributed to a 44.7% increase in operating revenues.
• PT Asahimas Chemical (ASC)coreStrategic or Co-development PartnerASC, a petrochemical company based at Anyer, Indonesia, acts as charterer for BLT subsidiary PT Brotojoyo Maritime (BRM) to carry liquid bulk products to Indonesian ports. ASC conducts vendor audits on BLT's ship management.
• PT Cendanawati Logistik Indonesia (CLI)coreStrategic or Co-development PartnerCLI is a BLT subsidiary that markets cryogenic ISO Tank LNG T75 containers for transporting liquefied gases. CLI acts as exclusive sales agent in Indonesia for Chengxi (Taizhou) Equipment Technology Co., Ltd. (CET), a Chinese company part of CSSC.
• Chengxi (Taizhou) Equipment Technology Co., Ltd. (CET)coreTechnology or IntegrationCET is a Chinese ISO Tank manufacturer (subsidiary of CSSC). CLI, BLT's subsidiary, acts as exclusive agent in Indonesia for CET's cryogenic T75 ISO tanks, marketed under sale and leasing terms.
• PT Sinartama GunitaminorOthersAdministrative bureau of the company located at Menara Tekno 7th Floor, Jl. Fachruddin No. 19, Jakarta 10350.
• Paul Hadiwinata, Hidajat, Arsono, Retno, Palilingan & Rekang (PKF Global)minorOthersPublic accounting firm serving as the company's auditor, located at Jl. MH. Thamrin Lot 8-10, Central Jakarta 10230.
• Indonesian Red Cross (PMI) DKI JakartaminorOthersBLT collaborates with PMI DKI Jakarta for regular blood donation drives as part of its CSR program 'BLT Care and Share'. Activities held at Wisma BSG headquarters.

Scale indicators5 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• Stolt-Nielsen: World's largest operator of chemical tankers, with deep parcel chemical logistics expertise. Directly comparable to BLT's IMO Type II chemical tanker segment and SIRE-approved fleet serving global chemical majors.
• Odfjell SE: Global chemical tanker operator with stainless steel parcel tankers serving similar petrochemical and vegetable oil customers. Closely comparable in fleet composition and SIRE-certified operating model.
• BW LPG: World's largest LPG carrier operator. Directly comparable to BLT's LPG tanker fleet (2 LPG vessels), with the same VLGC/VLGC-class product exposure and gas carrier chartering model.
• Iino Kaiun Kaisha: Japanese tanker operator with chemical and product tanker fleet serving Asia-Pacific oil and chemical customers. Comparable regional focus and IMO Type II chemical tanker positioning.
• MISC Berhad: Malaysian-listed shipping group with large LNG/LPG carrier fleet and petroleum/chemical tankers. Comparable to BLT in serving regional energy and petrochemical customers across Southeast Asia.
• Eitzen Chemical: Norwegian-headquartered chemical tanker operator with stainless steel parcel tankers. Similar product profile to BLT's 8 chemical tankers serving industrial chemical customers.

Regional players

• Soechi Lines: Indonesian tanker and shipping operator providing oil, chemical, and gas transportation in domestic waters. Comparable to BLT in serving Pertamina and other Indonesian charterers within the same geography.
• PT Humpuss Maritim Internasional: Indonesia-listed shipping company operating chemical tankers and product carriers. Comparable to BLT in domestic Indonesian charter market, with similar product and chemical tanker exposure.

Broad incumbents

• Scorpio Tankers: Large publicly listed product tanker operator with global fleet. Less specialized than BLT in chemicals/LPG but provides benchmark for tanker shipping economics and rate cycles.
• Frontline plc: One of the world's largest independent tanker companies, primarily in crude oil and product tankers. Comparable in business model (time charter + commercial management) but at vastly larger scale than BLT.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/pt-berlian-laju-tanker-tbk

Compliance3 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&A

Investments

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

Frequently asked questions about Berlian Laju Tanker