Pelayaran Nasional Bina Buana Raya

What Pelayaran Nasional Bina Buana Raya does

PT Pelayaran Nasional Bina Buana Raya Tbk (BBR, IDX: BBRM) is an Indonesia-based, publicly listed marine logistics company that provides vessel leasing and chartering services to two end-markets: oil and gas operators (via the Offshore Marine Division, which operates Anchor Handling Tug/Supply — AHTS — vessels and Platform Supply Vessels under multi-year time-charter contracts covering exploration through production) and coal and mining operators (via the Self Propelled Barge Division, which provides voyage charter services for bulk handling, transportation, and transshipment of coal, steel scrap, iron ores, sand, and aggregates along Indonesian river and coastal routes).

Underlying technology and assets consist of a young, modern fleet — four AHT/S vessels plus one PSV in offshore support, and a 5,024-gross-tonnage SPB unit in bulk transport — with an active expansion pipeline of six offshore support vessels (AHTS/PSV) under phased construction/delivery over approximately two years, supplemented by opportunistic acquisitions such as MP Endurance (2022) and the Premier Bahari SPB unit (2024), and a PSV newbuild scheduled for April 2026. Operational standards are anchored by ISO 9001:2015 (Quality Management) and ISO 14001:2015 (Environmental Management) certifications re-issued by the British Standards Institution in August 2024 with no major non-conformities. Pricing is negotiated bilaterally per contract under multi-year time charters (offshore marine) and per-voyage basis (SPB); financial terms are not publicly disclosed.

The commercial model is direct B2B enterprise sales to Indonesian oil & gas and coal/mining customers, with no intermediary channel; geographic reach is anchored by Jakarta headquarters (TCC Batavia Tower One, Jakarta Pusat) and a Singapore regional office (Kallang Pudding Road). Founded in 1998 in the Bintan Free Trade Zone as a ship agency, BBR transitioned to owned-vessel operations after the 2005 implementation of Indonesia's cabotage principle, listed on the IDX in January 2013, and conducted follow-on equity offerings (PUT I in 2014 and PMHMETD II in February 2022) to fund fleet expansion. Headcount sits in the 501-1,000 range, and ownership features overlap with Singapore-listed Marco Polo Marine (MPM) and Malaysian-linked Nam Cheong group via cross-directorships.

Name

Pelayaran Nasional Bina Buana Raya

Legal name

PT Pelayaran Nasional Bina Buana Raya Tbk

Website

https://bbr.co.id

Company type

Public

Founded year

1998

Operating status

Operating

Headcount range

501–1,000 employees

Short description

PT Pelayaran Nasional Bina Buana Raya Tbk (BBR, IDX: BBRM) is an Indonesia-based marine logistics company that leases offshore support vessels (AHTS/PSV) to oil and gas operators under time-charter contracts and provides Self Propelled Barge voyage-charter services for bulk commodities like coal to mining customers.

Ownership category

akta.pro rank

Product category

Maritime Vessel Leasing and Marine Logistics Services

NAICS

Support Activities for Water Transportation (4883), Other Support Activities for Water Transportation (48839)

SIC

Water Transportation (4400)

akta.pro primary industry

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

akta.pro secondary industries

Offshore Marine & Aviation Support (PSVs, AHTS, Crew Boats, Helicopters) (EUALABAJ), Barge & Offshore Towage (Barge Moves, Rig/Platform Tows) (TLAHAHAF)

Keywords

• Offshore support vessels
• Vessel time charter
• Bulk commodity shipping
• Marine logistics
• Self propelled barge

Headquarters

HQ city

Dki Jakarta

HQ country

Indonesia

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Technology or R&D

Revenue model

1. Offshore Marine Vessel Time-Charter: BBR leases offshore support vessels (AHTS and PSV) to oil and gas companies under time-charter contracts. Services span from exploration to production stages across Indonesian and international waters. This represents the primary revenue stream.
2. Self Propelled Barge Voyage Charter: BBR provides voyage charter services for Self Propelled Barge vessels for bulk commodity handling, transportation, and transshipment (coal, steel scrap, iron ores, sand, aggregates) via river and coastal routes from loading ports to discharge ports.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

PT Pelayaran Nasional Bina Buana Raya (BBR) provides maritime vessel leasing services through two divisions: the Offshore Marine Division, which charters Anchor Handling Tug Supply (AHT/S) and Platform Supply Vessel (PSV) units to oil and gas companies under time-charter contracts for offshore exploration, drilling, anchor handling, and platform supply operations; and the Self Propelled Barge Division, which provides voyage charter services for bulk handling, transportation, and transshipment of coal, steel scrap, iron ores, sand, and aggregates via river and coastal routes.

Product overview

PT Pelayaran Nasional Bina Buana Raya operates as a shipping company offering two distinct vessel leasing divisions: the Self Propelled Barge Division for bulk commodity transportation (coal, minerals, aggregates) via voyage charters, and the Offshore Marine Division for oil and gas offshore support services (AHT/S and PSV vessels) via time-charters. The company was established in 1998 and listed on the Indonesia Stock Exchange in 2013, currently operating four AHT/S vessels, one Self Propelled Barge vessel (5,024 gross tonnage), and one PSV, with additional vessel construction contracts underway.

Differentiator

Problem solved

Functional benefit

Products and services

• Offshore Marine Division — Offshore Support Vessel Leasing Charters Anchor Handling Tug Supply (AHT/S) vessels and Platform Supply Vessel (PSV) units to oil and gas companies under time-charter contracts, supporting offshore exploration, drilling, anchor handling, and platform supply operations in Indonesian and international waters.
• Self Propelled Barge (SPB) Division — Bulk Commodity Voyage Charter Provides voyage charter services for Self Propelled Barge vessels for bulk handling, transportation, and transshipment of coal, steel scrap, iron ores, sand, and aggregates via Indonesian river and coastal routes from loading ports to discharge ports.

Quantifiable outcome

• Offshore support fleet maintained to applicable standards with focus on quality and customer satisfaction

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Yayasan Anyo Indonesia (YAI)minorOthers · 8 December 2021BBR partnered with Yayasan Anyo Indonesia (YAI) in 2021 to support early detection of childhood eye cancer (Retinoblastoma). The company donated Ophthalmoscope equipment as part of the 'Giving 1,000 Free Ophthalmoscopes' program distributed to Health Centers (Puskesmas) across Indonesia. The symbolic handover was conducted on December 8, 2021.

Scale indicators4 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• PT Berlian Laju Tanker Tbk: Indonesian-listed shipping company operating tankers and offshore support vessels. Comparable as a domestic Indonesian maritime operator listed on IDX serving offshore/energy clients.
• Vallianz Holdings Limited: Singapore-based offshore support vessel company specializing in AHTS and OSVs for the oil & gas industry across the Middle East and Southeast Asia. Comparable in scale, fleet composition, and customer overlap.
• Marco Polo Marine Ltd. Singapore-listed offshore support vessel operator with AHTS, PSV, and tug-barge fleet. Directly comparable to BBR via shared director interlock and overlapping Indonesian/Southeast Asian charter markets.
• Nam Cheong Limited: Malaysia-based offshore support vessel owner-operator and shipbuilder with AHTS and platform supply vessels serving Southeast Asian oil & gas. Connected to BBR through Commissioner Leong Seng Keat.
• Mermaid Maritime Public Company Limited: Thailand-based offshore service provider operating subsea engineering, ROV, and offshore support vessels serving the regional oil & gas industry. Closely comparable vessel type and customer base.
• PT Pelayaran Meratus: Indonesian domestic shipping operator with bulk, container, and offshore vessel services. Comparable as a fellow Indonesian-flag operator benefiting from cabotage protection.

Broad incumbents

• Pacific International Lines (PIL): Singapore-headquartered regional container and bulk shipping line serving Southeast Asian trade lanes. Comparable as a broader Indonesian and ASEAN maritime logistics incumbent.
• Bourbon Corporation: France-based global offshore marine services operator with large AHTS and PSV fleet serving oil & gas clients worldwide. Comparable in vessel class, though operating at far greater scale internationally.
• TEEKAY Corporation: Global offshore and marine services operator with large-scale shuttle tanker, FSO, and offshore support operations. Comparable as an established international offshore vessel operator.

Regional players

• Scomi Energy Services Berhad: Malaysia-based offshore support vessel and oilfield services provider with AHTS fleet serving Asian markets. Comparable in vessel class and regional charter exposure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/bbr_co_id
• Facebookfacebook.com/bbr.co.id
• LinkedInlinkedin.com/company/pt-pelayaran-nasional-bina-buana-raya-tbk

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 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 Pelayaran Nasional Bina Buana Raya