Asia Investment and Asset Management JSC

What Asia Investment and Asset Management JSC does

Asia Investment and Asset Management JSC, doing business as ASHICO, is a Vietnamese maritime services company headquartered in Ho Chi Minh City that has served the offshore oil and gas industry since 2008. The company operates a fleet of AHTS (Anchor Handling Tug Supply) and PSV DP2 (Platform Supply Vessel with Dynamic Positioning 2) vessels maintained to international technical and classification standards, providing anchor handling, platform supply, cargo transportation, and personnel transfer services to oil and gas operators in Vietnam and the broader Southeast Asian region.

ASHICO runs an integrated service chain covering five product lines: vessel chartering, transportation logistics, oil and gas materials and equipment supply, crew management, and international shipping. The crew management and international shipping lines were added in 2016 through subsidiary companies, extending the firm's footprint beyond domestic Vietnam. The business model is direct enterprise sales to oil and gas companies, with no publicly disclosed pricing structure or revenue figures. The company is structured as a private Vietnamese joint stock company with no disclosed parent organization, external investors, or capital structure details.

Name

Asia Investment and Asset Management JSC

Legal name

Công ty Cổ phần Đầu tư và Quản lý Tài sản Á Châu

Website

https://ashico.com.vn

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

1–10 employees

Short description

ASHICO is a Vietnamese maritime services company, founded in 2008, that operates AHTS and PSV DP2 vessels to provide chartering, transportation, materials supply, crew management, and international shipping services to the offshore oil and gas industry in Vietnam and Southeast Asia.

Ownership category

akta.pro rank

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Distribution channels1 record

Marketing channels1 record

Core offering

ASHICO is an integrated offshore maritime services provider serving the oil and gas industry. The company operates a modern fleet of AHTS and PSV DP2 vessels and delivers a comprehensive chain of five services: offshore vessel chartering, transportation logistics, oil and gas materials and equipment supply, crew management, and international shipping. All operations are conducted by experienced crews to international technical and classification standards.

Product overview

ASHICO (Công ty Cổ phần Đầu tư và Quản lý Tài sản Á Châu) operates as an integrated maritime services company serving the offshore oil and gas industry. The company offers a comprehensive suite of five interconnected services: vessel chartering (AHTS and PSV DP2 vessels), transportation logistics, oil and gas materials and equipment supply, crew management, and international shipping. Founded in 2008 with over 18 years of experience, ASHICO maintains a modern fleet meeting international technical and inspection standards. The company expanded into international shipping and crew supply through subsidiary companies starting in 2016.

Differentiator

Problem solved

Functional benefit

Products and services

• Oil and Gas Vessel Chartering (AHTS and PSV DP2) Charter of AHTS and PSV DP2 offshore support vessels for oil and gas operators needing anchor handling, platform supply, and offshore logistics. The vessels are maintained to international technical and classification standards.
• Offshore Transportation Services Transportation logistics services supporting offshore oil and gas operations, including movement of personnel, equipment, and materials to and from offshore sites.
• Oil and Gas Materials and Equipment Supply Supply of materials and equipment required for offshore oil and gas operations, including operational consumables and components.
• Crew Management Services Provision, training, and management of seafarers and crew for offshore vessels, including those operated by ASHICO and partner clients.
• International Shipping Services International maritime transportation services moving cargo between Vietnam, Southeast Asia, and overseas markets through affiliated shipping entities.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators1 record

Recent moves2 records

Expansion highlights3 records

Broad incumbents

• Tidewater: One of the world's largest offshore support vessel operators with a global fleet of AHTS and PSVs serving oil and gas. Comparable core OSV chartering business though far larger and globally diversified.
• MISC Berhad: Malaysian maritime conglomerate operating LNG, tanker, and offshore businesses including offshore support. Broader and larger incumbent with overlapping OSV capability but a more diversified portfolio than ASHICO.
• Vroon Offshore: Dutch offshore services company operating PSVs, AHTS, and subsea support vessels worldwide. Comparable vessel categories and offshore oil and gas customer base.
• BW Offshore: Norwegian operator of FPSOs and offshore support vessels with global operations. Comparable in offshore vessel capability but serves a much larger, internationally diversified customer base.
• DOF Subsea: Norwegian subsea and offshore support vessel operator with a global AHTS/PSV fleet serving oil and gas. Comparable vessel categories though with a heavier subsea/IRM focus.
• Solstad Offshore: Norwegian offshore vessel owner/operator with AHTS, PSV, and subsea construction vessels globally. Comparable OSV chartering model with strong North Sea focus and global reach.

Direct peers

• PACC Offshore Services Holdings (POSH): Singapore-based provider of offshore support vessels (AHTS, PSV, accommodation) primarily serving oil and gas customers in Asia. Comparable to ASHICO in OSV chartering, DP-capable fleet, and Asian offshore market exposure.
• Vallianz Holdings: Singapore-based offshore support vessel owner/operator with a fleet of AHTS and platform supply vessels serving the oil and gas industry across Southeast Asia. Directly comparable to ASHICO in vessel type, customer vertical, and regional focus.
• Nam Cheong Limited: Malaysian offshore support vessel provider with a fleet of AHTS and accommodation vessels serving oil and gas clients in Southeast Asia. Comparable in vessel mix and Asian offshore E&P customer base.

Regional players

• Petrovietnam Drilling and Well Services (PV Drilling): Vietnamese offshore drilling and oilfield services company that charters offshore vessels to support domestic oil and gas operators. Comparable as a Vietnam-based offshore services peer serving the same primary customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/asia-investment-and-asset-management-jsc

Revenue estimate

Valuation estimate

Number of profiles

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 Asia Investment and Asset Management JSC