Sillo Maritime Perdana

What Sillo Maritime Perdana does

PT Sillo Maritime Perdana Tbk (IDX: SHIP) is an Indonesian publicly-listed marine vessel chartering company founded in 1989 and headquartered in Jakarta Pusat. It operates a diversified fleet of approximately 14-15 vessels spanning Floating Storage Offloading (FSO), LNG tankers, Very Large Gas Carriers (VLGC), LPG and liquefied gas carriers, oil tankers, oil barges, Anchor Handling Tug Supply (AHTS), Platform Supply Vessels, crew boats, harbour tugs, utility vessels, and accommodation/work barges, organized across eleven wholly-owned subsidiaries each dedicated to a specific vessel class. The company generates revenue primarily through time-charter contracts — renting its own crewed vessels to oil & gas and mining customers via tenders and direct negotiations, with charterers responsible for fuel and port costs while Sillo bears crew, maintenance, and operational expenses bundled into the rental fee. Beyond chartering, it provides maritime transportation of goods and passengers between Indonesian ports, freight transportation of oil and gas products, and owner's representative services for shipping companies. The business is regulated under ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications and serves predominantly enterprise customers in Indonesia's domestic oil & gas and mining sectors, with the VLGC and LNG tonnage positioning it for international gas-trade routes.

Name

Sillo Maritime Perdana

Legal name

PT Sillo Maritime Perdana Tbk

Website

https://sillomaritime.com

Company type

Public

Founded year

1989

Operating status

Operating

Headcount range

101–250 employees

Short description

PT Sillo Maritime Perdana Tbk (IDX: SHIP) is an Indonesia-based publicly-listed marine vessel chartering company operating a fleet of FSO, LNG, VLGC, oil tankers, and offshore support vessels on time-charter contracts for oil & gas and mining enterprises.

Ownership category

akta.pro rank

Product category

Maritime Transportation and Vessel Chartering Services

NAICS

Support Activities for Water Transportation (4883), Marine Cargo Handling (48832)

SIC

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

akta.pro primary industry

Offshore Support & Marine Logistics Vessel Operators (PSV/AHTS) (TLADABAL)

akta.pro secondary industry

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

Keywords

• Vessel chartering services
• Offshore support vessels
• Maritime transportation services
• Oil and gas shipping
• Marine fleet operations

Headquarters

HQ city

Jakarta Pusat

HQ country

Indonesia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain

Revenue model

1. Vessel Time Charter: The company rents out its own vessels based on time charter contracts in return for rental fees based on tenders or negotiations. During the rental period, the charterer is responsible for paying all travel expenses including fuel and port costs. As vessel owner, the company is responsible for vessel crews, maintenance, spare parts, and other operational costs, all calculated into the rental fee. The company also provides additional services during the operational period (such as pipe installation, water or food supply) with costs reimbursed by the charterer.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

PT Sillo Maritime Perdana Tbk provides time charter vessel rental services using its own fleet of vessels for oil and gas and mining customers, including FSO, LNG Tankers, VLGC, Oil Tankers, AHTS, Crew Boats, Harbour Tugs, Platform Supply Vessels, Utility Vessels, SPOB, and Accommodation/Work Barges. The company also offers maritime transportation of goods and passengers between Indonesian ports, freight transportation of oil and gas products using tanker vessels, and owner's representative services for shipping companies. Revenue is generated through charter rental fees covering crew, maintenance, and spare parts, with the charterer paying all voyage expenses such as fuel and port costs.

Product overview

PT Sillo Maritime Perdana Tbk is a leading provider of marine services in Indonesia established in 1989, offering a comprehensive fleet of vessels for the oil and gas industry. The company operates under a time charter business model, providing vessel chartering services with various vessel types including Floating Storage Offloading (FSO), Gas Tankers, LNG Tankers, Oil Tankers, Crew Boats, Harbour Tugs, Platform Supply Vessels, Utility Vessels, Anchor Handling Tug Supply (AHTS), Oil Barges, and Accommodation/Work Barges. Beyond vessel chartering, the company also provides maritime transportation services for goods and passengers, oil and gas product transportation, and owner's representative services for shipping companies. The fleet is operated across multiple subsidiary companies including PT Suasa Benua Sukses, PT Petrocean Indo Pasifik, PT Cassa Mega Lautan, PT Suasa Crystal Lautan, PT Suasa Benua Maritim, PT Golden Benua Maritim, PT Newport Gemilang Jaya, PT Maritim Perkasa Line, PT Eastern Jason, PT Niaga Maritim Indonesia, and PT Golden Prima Maritim.

Differentiator

Problem solved

Functional benefit

Products and services

• Vessel Chartering (Time Charter) Chartering of various vessel types including FSO, Gas Tankers, LNG Tankers, Oil Tankers, Crew Boats, Harbour Tugs, Platform Supply Vessels, Utility Vessels, AHTS, SPOB, Accommodation and Work Barge, and VLGC under time charter contracts to oil and gas and mining enterprise customers.
• Transportation of Goods and People Maritime transportation of goods and passengers between Indonesian ports conducted on regular or non-permanent, irregular shipping routes.
• Transportation of Oil and Gas Products Freight transportation of oil and gas products using tanker vessels supported by professional crews.
• Maritime Shipping Company Representative Service Owner's representative services for sea freight shipping companies, covering both permanent and non-permanent shipping operations for domestic and overseas shipping routes.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Vallianz Holdings: Singapore-based offshore vessel chartering and marine services company historically focused on the Southeast Asian oil & gas market — a directly comparable offshore support vessel operator competing for the same regional charterers.
• PT Soechi Lines: Indonesian public-listed shipping and logistics company with oil tanker and offshore vessel exposure — directly comparable in domestic Indonesian shipping market for oil and gas transportation.
• PT Pelayaran Tempuran Emas: Indonesian public shipping company with offshore and energy-related vessel operations — a direct domestic peer competing for similar Indonesian oil & gas and shipping contracts.

Broad incumbents

• Edison Chouest Offshore: Major privately-held US-based offshore vessel operator with global presence across AHTS, PSV and OSV classes — comparable as a much larger incumbent in the same vessel categories.
• Vroon: Dutch-based shipping company with a sizable offshore services division operating AHTS, PSV and offshore subsea support vessels — a broad incumbent competing in similar vessel categories globally.
• Solstad Offshore: Norwegian offshore support vessel owner and operator with global AHTS, PSV and subsea construction vessel fleet — directly comparable vessel categories to Sillo Maritime's OSV offering.
• Bourbon SA: French offshore marine services provider (reorganized) operating a large fleet of AHTS, PSV and crew boats globally — a broad incumbent peer in the OSV market with similar vessel classes.
• Tidewater Inc. Largest global owner and operator of offshore support vessels serving the oil & gas industry — a broad incumbent with overlapping vessel classes (AHTS, PSV, crew boats) operating worldwide.
• DOF ASA: Norwegian offshore service vessel operator providing AHTS, PSV and subsea vessels to the global oil & gas industry — broad incumbent peer with overlapping offshore vessel categories.

Regional players

• Mermaid Maritime: Thailand-based offshore support vessel and subsea services provider serving Southeast Asian oil & gas customers — comparable as a regional peer operating offshore support vessels for upstream E&P in adjacent geographies.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries11 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 Sillo Maritime Perdana