Joint Venture & Subsidiary Company

Company Name Type of Business Registered Capital
as of 31 Dec 2017
% of shares owned by the Company
BSC Management Seafarer Recruitment Company Limited (“BSC”) Crew Recruitment 5.5 Million Baht 99.9
Thai Marine Tanker Company Limited (“TMT”) Trading Business 180.0 Million Baht 99.9
Nathalin Management Company Limited (“NMC”) Ship Management 8.5 Million Baht 99.9
N.T.L. Marine Company Limited (“NTL”) Trading Business 353.0 Million Baht 99.9
Nathalin Shipping Pte. Ltd. (“NSSG”) (Registered Company in Singapore)
  • Trading Business
  • FSU Business
  • Ship Management
11.9 Million Singapore Dollar 87.5
Singha Tanker Company Limited (“SHT”)
  • Trading Business
  • FSU Business
302.0 Million Baht 51.0/1
Orchard Navy Company Limited (“OCN”) FSU Business 1.0 Million Baht 51.0/2
Company Name Type of Business Registered Capital
as of 31 Dec 2017
% of shares owned by the Company
T.I.M Ship Management (“TIM”) Ship Management 3.0 Million Baht 33.3
Company Name Type of Business Registered Capital
as of 31 Dec 2017
% of shares owned by the Company
Bongkot Marine Service Company Limited (“BONGKOT”) FSU Business 240.0 Million Baht 70.0
Srithai Capital Company Limited (“STC”) FSU Business 100.0 Million Baht 51.0
TOP-NTL Pte. Ltd. (“TNTL”) (Registered Company in Singapore) Ship Management 20,000 Singapore Dollar 50.0
TOP-NTL Shipping Trust (“TST”) (Registered Company in Singapore) Trust for domestic and international logistics 1.9 Million Singapore Dollar 50.0
TOP Nautical Star Company Limited (“TNS”)
  • Trading Business
  • Offshore Business
150.0 Million Baht 35.0/3