Overview
Dayang Enterprise Holdings Berhad (Dayang) is a leading Malaysian oil and gas service provider with a significant presence in the charter of marine vessels, particularly for offshore marine services support. The company’s fleet is an important business strategy, enabling it to deliver a range of services including offshore maintenance, work areas, and equipment support for upstream oil and gas activities.
Dayang’s robust and modern fleet, supported by strategic licensing and continuous investment, positions as it as a key provider of marine vessel charter services in the Malaysian and regional oil and gas industry. Its vessels are integral to supporting offshore maintenance, and construction needs, ensuring the company remains a preferred partner for leading industry players.
Fleet Ownership and Licensing
Dayang, through its wholly-owned subsidiary DESB Marine Services Sdn Bhd (DMSSB), holds a Domestic Shipping License obtained in September 2005 and renew annually. This license permits the company to provide maintenance workboat and supply services, strengthening its position in the marine support sector.
Key Vessels and Capabilities
Dayang’s fleet comprises purpose-built vessels designed to meet stringent safety and operational standards for the offshore oil and gas industry. The vessels are equipped to provide:
- Offshore maintenance support
- Food and Beverages Services and recreational facilities
- Large work areas for maintenance and construction
- Advanced navigational and communication systems
- Heavy-lifting capabilities via onboard cranes
Below is an overview of the main vessels and their roles:
| No. |
Vessel Name |
Year Delivered |
Capacity/Type |
Primary Function |
| 1 |
Dayang Pertama |
2005 |
189 beds/ MWB* |
Offshore Platforms Maintenance and support |
| 2 |
Dayang Berlian |
2007 |
189 beds /MWB* |
Offshore Platforms Maintenance and support |
| 3 |
Dayang Zamrud |
2009 |
189 beds /MWB* |
Offshore Platforms Maintenance and support |
| 4 |
Dayang Cempaka |
2011 |
Supply vessel |
Supply operations |
| 5 |
Dayang Mutiara |
2012 |
199 beds/SPS Code compliant MWB* |
Offshore Platforms Maintenance and support |
| 6 |
Dayang Opal |
2014 |
199 beds/SPS Code compliant MWB* |
Offshore Platforms Maintenance and support |
| 7 |
Dayang Ruby |
2015 |
199 beds/SPS Code compliant MWB* |
Offshore Platforms Maintenance and support |
*MWB: Maintenance Work Boat
Fleet Expansion and Strategic Growth
Dayang has demonstrated a consistent strategy of expanding and modernizing its fleet to support the growing demands of the oil and gas sector. The acquisition and commissioning of new vessels such as the custom-built Dayang Ruby, designed to stringent PETRONAS, IMO standards and also SPS Code underscore the company’s commitment to safety, efficiency, and operational excellence.
Vessels like Dayang Ruby feature:
- Accommodation for up to 199 beds
- 700 sqm of deck space for machinery and equipment
- 45-ton SWL API 2C compliant pedestal crane for material transfer
- Gangway with PAP for direct platform access
- Comprehensive onboard facilities, including a hospital, conference room, surau, and recreational areas
Charter Contracts and Industry Position
Dayang’s vessels are regularly chartered for major contracts with industry leaders such as Petronas Carigali and Hibiscus Petroleum. The company’s license with Petronas Carigali allow participation in contract tender which lead to awards of charter and will boost vessel utilization and competitive charter rates.
The shortage of new vessel builds locally, coupled with an aging fleet, has constrained supply, thereby maintaining upward pressure on charter rates. This dynamic benefits Dayang by enhancing margins and overall profitability.
Subsidiary: Perdana Petroleum Berhad (PPB)
Perdana Petroleum Berhad, a subsidiary of Dayang, further extends the company’s marine capabilities with a fleet of 14 vessels comprising:
- 8 Anchor Handling Tug Supply Vessels (AHTS)
- 5 Maintenance Work Barges (MWB)
- 1 Maintenance Workboats (MWB)
PPB’s core business is the provision of offshore marine support services for the upstream oil and gas industry, complementing Dayang’s operations and enhancing its service offerings.
