Sillo Maritime Perdana Tbk PT

IDX:SHIP

PT Sillo Maritime Perdana Tbk engages in the provision of a fleet of offshore vessels to support business activities of the oil and gas industry. The company is headquartered in Jakarta Pusat, Dki Jakarta and currently employs 133 full-time employees. The company went IPO on 2016-06-16. The firm is engaged in shipping operations with nine vessels, namely SHIP 114, Ina Waka, Ina Sela, Ina Permata I, Ina Permata II, Ina Tuni, S Eleanor, S Hermes and S Grace. The firm operates and manages business in a single segment, which provides vessel charter and other marine services. The company rents out its own vessels based on time charter in return for rental based on tenders or negotiations between the two parties. During the rental period, the lessee is responsible for paying all travel expenses, including costs of fuel and port. The company is responsible for vessel crews, vessel maintenance, spare parts and other operational costs, all of which have been calculated in the rental fees agreed by both parties. In this time charter scheme, the charterers rent the vessel and crews in full for a certain period.