alliance marine services

What alliance marine services does

Alliance Marine Services is a Dubai-headquartered operator of offshore support vessels serving the offshore energy sector, founded in 2008. The company maintains a fleet of more than 50 vessels — including platform supply vessels, anchor handling tug supply vessels, and crew boats — and provides chartering, marine logistics, and offshore support services to national oil companies, international oil companies, and EPC contractors across the Middle East and South/Southeast Asia. Geographic reach is delivered through offices in the UAE, Qatar, Saudi Arabia, India, and Singapore, enabling proximity to the Gulf's principal NOC and IOC tendering activity.

The underlying operating model is a capital-intensive, asset-based chartering business: vessels are deployed under day-rate or term contracts to support drilling, construction, subsea, and production maintenance campaigns. The 2025 acquisition of Atlantic Navigation's 20-vessel fleet for US$183 million via the MAG Offshore platform — backed by EnTrust Global, Maas Capital, and Goldenport Group — has expanded the operating fleet and institutional ownership of the asset base. The company previously established an Allianz Middle East subsidiary in 2012, which was divested to Shuaa Capital in 2022, refocusing the parent on its core offshore vessel franchise.

Revenue is generated almost exclusively through B2B vessel charter contracts with energy-sector counterparties, with no indication of pricing diversification, digital products, or non-energy customer segments. The customer base is concentrated entirely in offshore oil and gas, and pricing is driven by vessel class, contract duration, and regional utilization rather than software-style recurring models.

Name

alliance marine services

Legal name

Allianz Marine Services

Website

https://allianzmarine.org

Company type

Private

Operating status

Operating

Short description

Alliance Marine Services is a Dubai-based offshore support vessel operator with a fleet of 50+ vessels, serving national and international oil companies and EPC contractors across the Middle East and Asia via offices in five countries.

Ownership category

akta.pro rank

Product category

Offshore Marine Logistics Services

NAICS

Support Activities for Water Transportation (4883), Ship Building and Repairing (336611), Other Support Activities for Water Transportation (48839)

SIC

Water Transportation (4400), Arrangement Of Transportation Of Freight & Cargo (4731), Ship & Boat Building & Repairing (3730)

akta.pro primary industry

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

akta.pro secondary industries

Offshore Support & Marine Logistics Vessel Operators (PSV/AHTS) (TLADABAL), Underwater Inspection, Maintenance & Repair (UWILD, Diving/ROV, In-water Cleaning) (IMAJAFAJ), Piping, HVAC & Auxiliary Systems Repair (TLAKAKAH)

Keywords

• Offshore support vessels
• Marine logistics services
• Platform supply vessels
• Anchor handling tugs
• Ship management services

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Vessel Chartering: Time charter and bareboat charter of offshore support vessels including DP2 PSVs, AHTS, workboats, lift boats, and tow tugs to NOCs, IOCs and EPC companies for drilling and production support operations.
2. Ship Management & Consultancy: Comprehensive ship management services including crewing, technical management, procurement, and commercial contract management. The company serves as dedicated Commercial Manager for MAG offshore vessels, providing world-class ship management and consultancy solutions.
3. Ship Sale and Purchase: Brokerage and advisory services for ship sales and purchases, leveraging industry expertise and a vast network to ensure informed decisions and maximize value.
4. Bunker Supply & Marine Spares: Supply of bunker fuels and marine spare parts with global reach ensuring timely and cost-effective delivery to keep operations running smoothly.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Allianz Marine Services provides offshore support vessels and marine logistics solutions to NOCs, IOCs, and EPC contractors across the Middle East and Indian subcontinent. The company operates a fleet of 50+ offshore support vessels covering DP2 platform supply vessels, AHTS, workboats, lift boats, tow tugs, crew boats, jack-up accommodation, and multi-purpose support vessels. It also delivers ship management and consultancy, ship sale and purchase brokerage, salvage and towage, and bunker supply and marine spares services.

Product overview

Allianz Marine Services operates a diverse fleet of 50+ offshore support vessels across the Middle East, India, and Singapore, providing marine logistics solutions to NOCs, IOCs, and EPC companies. The company offers a comprehensive portfolio of vessel types including DP2 PSVs, AHTS vessels, DP2 Workboats, Lift Boats, tow tugs, crew boats, and jack-up accommodation vessels. Complementing the vessel fleet, Allianz provides ship management and consultancy services, ship sale and purchase, salvage and towage, and bunker supply services. The company serves as the dedicated Commercial Manager for MAG Offshore vessels and is part of the MAG Offshore Investments strategic partnership. Core vessel products span multiple categories: FSIV/Crewboats (5 vessels), Tow Tugs/AHTS (15 vessels), MPSV/Workboats (10 vessels), Jack Up Accommodation (1 vessel), Platform Supply Vessels (13 vessels), and Utility/Workboats (7 vessels).

Differentiator

Problem solved

Functional benefit

Products and services

• Offshore Support Vessel Chartering Time charter and bareboat charter of 50+ offshore support vessels to NOCs, IOCs, and EPC contractors, including DP2 Platform Supply Vessels, AHTS vessels, multi-purpose support vessels, jack-up accommodation vessels, utility workboats, and crew boats for drilling and production support operations across the Middle East and India.
• Ship Management and Consultancy Comprehensive ship management and consultancy services including crewing management, technical management, procurement, and commercial contract management. Allianz Marine Services serves as the dedicated Commercial Manager for MAG Offshore vessels.
• Ship Sale and Purchase Brokerage Brokerage and advisory services for vessel sales and purchases, leveraging industry expertise and an extensive network to ensure informed transactions and maximize value for clients.
• Salvage and Towage Marine salvage and towage services for offshore operations including ocean towages, rig moves, and anchor handling operations.
• Bunker Supply and Marine Spares Global procurement and delivery of bunker fuels and marine spare parts with worldwide reach, ensuring timely and cost-effective supply to keep offshore operations running smoothly.

Quantifiable outcome

• Zero Lost Time Incidents in 5 years demonstrating strong safety record
• +1 more outcomes

Named customers4 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

Partnerships

Five partnerships are on record, tiered core, supporting and minor.

• MAG Offshore Investments LLCcoreStrategic or Co-development Partner · 1 March 2025MAG Offshore Investments is a conglomerate comprising EnTrust Global (Blue Ocean maritime strategy), Maas Capital, Allianz Marine Services, and Goldenport Group. Allianz Marine serves as the fleet manager for the combined MAG fleet. The partnership acquired Atlantic Navigation's 20-vessel OSV fleet for US$183M, operating in Saudi Arabia, Qatar, and UAE. Allianz Marine oversees management of the combined MAG fleet.
• Goldenport GroupcoreStrategic or Co-development PartnerAthens, Greece-headquartered international shipping group with diverse interests in dry bulk and tanker sectors. Partner in MAG Offshore Investments consortium. CEO John Dragnis leads the group's expansion into offshore sector.
• Alantra Corporate FinancesupportingOthersSole financial advisor for the MAG Offshore acquisition of Atlantic Navigation's 20-vessel fleet.
• Watson Farley & WilliamssupportingOthersLegal advisors to MAG Offshore for the acquisition of Atlantic Navigation's 20-vessel OSV fleet.
• Atlantic NavigationminorOthersSingapore-listed company whose 20-vessel OSV fleet was acquired by MAG Offshore. Being retained temporarily to provide shipmanagement services on selected assets for seamless transition.

Scale indicators6 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• Tidewater Inc. World's largest owner/operator of offshore support vessels (PSVs, AHTS, crewboats) serving global NOCs/IOCs. Direct competitor in the same vessel categories and customer base as Allianz, with a meaningfully larger global fleet.
• Bourbon Corporation: French-based global OSV operator with deep-water PSVs and AHTS serving IOCs/NOCs across West Africa, the Mediterranean, Middle East and Asia. Competes with Allianz for the same offshore E&P vessel contracts.
• Mermaid Maritime: Thailand-headquartered OSV and sub-sea services company with a regional fleet serving Middle East and Southeast Asia NOCs/IOCs. Comparable vessel categories and customer overlap with Allianz in the Gulf and Indian Ocean.
• Vallianz Holdings: Singapore-based OSV owner/operator with strong Middle East focus serving NOCs and EPCs across the Gulf. Closest geographic and product-category overlap with Allianz's fleet composition.
• Gulf Marine Services: UAE-listed provider of self-elevating support vessels and accommodation platforms serving the Gulf offshore market. Direct competitor for lift-boat and accommodation charters that Allianz is scaling into.
• SEACOR Marine: US-listed global OSV operator with PSVs, AHTS, and crewboats serving offshore oil, gas and wind markets. Overlaps with Allianz in vessel categories and IOC customer base.
• Solstad Offshore: Norway-based global OSV owner/operator of AHTS, PSVs and subsea construction vessels. Comparable in vessel categories and IOC/NOC customer base, though primarily North Sea-focused.
• DOF ASA: Norwegian global OSV and subsea service operator with AHTS/PSV fleet comparable to Allianz's, focusing on deep-water IOCs and NOCs across regions including the Middle East.

Broad incumbents

• Vroon: Dutch-based broader maritime operator with PSVs, AHTS and offshore wind vessels. Comparable vessel categories but broader geographic scope and longer-tenure ship-management capability.

Regional players

• Abu Dhabi Maritime Services (Safeen): UAE state-affiliated marine services and offshore support operator based in Abu Dhabi. Regional peer serving Gulf NOCs and EPCs with overlapping vessel categories.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/allianzmarine
• LinkedInlinkedin.com/company/allianz-marine-services
• Instagraminstagram.com/allianzmarine

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries2 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 alliance marine services