Naust Marine
Naust Marine designs, manufactures, and services proprietary electric deck machinery and Automatic Trawl Winch (ATW) control systems for global commercial fishing and research vessels, with custom integrated solutions deployed on 200+ vessels from offices in Iceland, Spain, and the USA.
- Company typePrivate
- Founded1993
- HeadquartersHafnarfjörður, Iceland
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Naust Marine does
Naust Marine is an Icelandic designer, manufacturer, and servicer of electric deck machinery for the global commercial fishing industry. The company's core product is a proprietary line of electric winches paired with its Automatic Trawl Winch (ATW) control system, which the company claims delivers approximately 30% higher energy efficiency than hydraulic alternatives, reducing fuel consumption and total cost of ownership for vessel operators. Solutions are custom-designed and manufactured for each vessel, with complementary deck equipment (cranes, stern rollers, ice gallows) sold as integrated packages. Products are deployed on more than 200 vessels worldwide across trawlers, super trawlers, and research vessels.
The company operates a vertical sales-led go-to-market model with direct engagement through regional offices in Hafnarfjörður, Iceland (headquarters and Group CEO Hrafnkell Tulinius), O Porriño, Spain (manufacturing and sales, established 2018), and Poulsbo, Washington, USA (sales and service, established 2011). Pricing is quote-based and project-specific due to customization, with hardware sales as the primary revenue stream supplemented by spare parts and recurring service contracts supported by 24/7 remote monitoring via satellite communications. Marquee customers include Norebo (10-trawler fleet, 2019), American Seafoods, and the Viktor Gavrilov super trawler (50 winches, 2020).
Naust Marine is a privately held company (Naust Marine ehf) with no disclosed venture or private equity funding and appears to have been organically grown since 1993, building on the ATW system lineage from predecessor Rafboði (1979). The company is ISO 9001 certified (2021), GDPR/CCPA compliant, and employs approximately 26 people across its three regional entities. Most recent strategic activity has been the 2024 expansion of production capacity in Spain, following 2022's opening of a second Icelandic office in Ísafjörður.
Naust Marine firmographics
Firmographics- Name
- Naust Marine
- Legal name
- Naust Marine ehf
- Website
- https://naustmarine.com
- Company type
- Private
- Founded year
- 1993
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Naust Marine designs, manufactures, and services proprietary electric deck machinery and Automatic Trawl Winch (ATW) control systems for global commercial fishing and research vessels, with custom integrated solutions deployed on 200+ vessels from offices in Iceland, Spain, and the USA.
- Ownership category
- akta.pro rank
Naust Marine industry classification
Industry- Product category
- Marine Deck Machinery
- NAICS
- Ship Building and Repairing (336611), Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511), Switchgear and Switchboard Apparatus Manufacturing (335313)
- SIC
- Ship & Boat Building & Repairing (3730), Industrial Instruments For Measurement, Display, And Control (3823)
- akta.pro primary industry
- Deck Machinery & Mooring Systems (Winches, Windlasses, Capstans) (IMAJAIAA)
- akta.pro secondary industries
- Electrical Engineering & Power Distribution (Generation, Switchboards, Cabling, Lighting) (IMAJAGAF), Marine Electrical Installation, Commissioning & Field Services (IMAJAJAL)
Keywords
Where Naust Marine is headquartered
LocationHeadquarters
- HQ city
- Hafnarfjörður
- HQ country
- Iceland
- HQ region
- Europe
Offices4 records
Markets served
Naust Marine business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Winch Sales: Custom-designed and manufactured electrical winches sold to commercial fishing vessels and other maritime operators. Each winch is designed and manufactured to meet specific customer requirements.
- Deck Machinery Systems: Complete deck machinery solutions including winches, control systems, cranes, stern rollers, ice gallows, and other equipment packages sold as integrated systems.
- Service and Support: Remote support and service for ships via satellite communications. 24/7 customer support available. Service contracts offered for ongoing maintenance and support.
- Spare Parts Supply: Full spare parts supply for winches and deck machinery systems.
- Service Contracts: Service contracts providing ongoing support and maintenance for vessel equipment.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Multi-year contract | Custom winch solutions - project-based pricing |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels3 records
Naust Marine product offering
Product offeringCore offering
Naust Marine designs, manufactures, and supports custom electric winches and Automatic Trawl Winch (ATW) control systems for commercial fishing and research vessels. Its Complete Deck Machinery Solutions bundle these winches and control systems with cranes, stern rollers, ice gallows, and power management into turnkey packages. Hardware is custom-engineered per vessel, supported by 24/7 remote service and recurring service contracts.
Product overview
Naust Marine is a maritime technology company offering Complete Deck Machinery Solutions built around two core products: Electrical Winches and the Automatic Trawl Winch (ATW) Control System. These are complemented by Winch Control & System Solutions and Power Management Solutions as add-on modules. The company provides comprehensive turnkey deck equipment including winches, cranes, stern rollers, and ice gallows. The electric winch technology is proprietary and approximately 30% more efficient than hydraulic alternatives. Solutions are deployed on over 200 vessels globally, with manufacturing in Iceland and Spain, and sales/service offices in the USA.
Differentiator
Problem solved
Functional benefit
Products and services
- Electrical Winches
- Automatic Trawl Winch (ATW) Control System
- Complete Deck Machinery Solutions
Quantifiable outcome
- 30% higher efficiency than hydraulic systems
- +2 more outcomes
Companies that use Naust Marine
Customer profileNamed customers6 records
Segments2 records
Ideal customer profiles2 records
Naust Marine technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Naust Marine partnerships and signals
Strategic signalScale indicators5 records
Recent moves12 records
Expansion highlights5 records
Naust Marine competitors and assessment
Company assessmentDirect peers
- Rapp Marine Systems: Norwegian supplier of hydraulic and electric winches, deck cranes and fish-handling equipment for fishing and offshore vessels. Direct competitor to Naust Marine in trawl winches and complete deck machinery packages.
- Karm Winches & Power (Karmfjord): Family-owned Norwegian winch specialist offering hydraulic and electric winches, cranes and power systems for commercial fishing and offshore vessels. Closest functional competitor to Naust's electric trawl winch and ATW control system offering.
- Sperre AS: Norwegian manufacturer of trawl winches, net drums and deck machinery for the fishing industry. Competes head-on with Naust Marine in supplying turnkey deck machinery to trawler operators.
- Triplex AS: Norwegian maker of deck machinery and trawl winches including electric drive systems. Comparable to Naust Marine in customer profile (fishing fleets) and integrated winch + control offering.
Broad incumbents
- MacGregor (Cargotec): Global marine and offshore cargo, load handling and deck machinery supplier serving shipyards worldwide. A broad incumbent that competes with Naust on integrated deck machinery for larger commercial vessels while serving a much wider portfolio.
- Kongsberg Maritime: Major supplier of vessel automation, propulsion, navigation and deck machinery solutions to commercial shipping and fishing. Overlaps with Naust in control systems and integrated marine electrical packages.
- Wärtsilä Marine: Global marine technology group offering ship power, propulsion and deck-side equipment, including winch systems. Competes indirectly via integrated vessel packages that often include Naust-style deck machinery.
- Palfinger Marine: Leading global manufacturer of marine cranes and deck handling equipment. Comparable to Naust's deck crane offering and a potential partner or competitor for integrated deck machinery packages.
- Damen Shipyards: Large Dutch shipbuilder that also designs and supplies deck equipment packages via Damen Marine Components. Competes with Naust for outfitting contracts on newly built fishing and offshore vessels.
Emerging players
- AKVA Group: Norwegian aquaculture and marine technology supplier offering integrated vessel and cage equipment. Adjacent to Naust in targeting fishing/aquaculture operators with software-enabled deck and handling solutions.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Naust Marine social profiles
Digital presenceNaust Marine compliance and trust
Trust signalCompliance6 records
Naust Marine financial estimates
Financial estimateRevenue estimate
Valuation estimate
Naust Marine leadership team
Management profileNumber of profiles
Profiles4 records
Naust Marine subsidiaries and ownership
Company hierarchySubsidiaries2 records
Naust Marine funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Naust Marine M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Naust Marine
What does Naust Marine do?
Naust Marine designs, manufactures, and supports custom electric winches and Automatic Trawl Winch (ATW) control systems for commercial fishing and research vessels. Its Complete Deck Machinery Solutions bundle these winches and control systems with cranes, stern rollers, ice gallows, and power management into turnkey packages. Hardware is custom-engineered per vessel, supported by 24/7 remote service and recurring service contracts.
Is Naust Marine a public or private company?
Naust Marine is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Naust Marine founded?
Naust Marine was founded in 1993. It employs 11 to 50 people.
Where is Naust Marine based?
Naust Marine is headquartered in Hafnarfjörður, Iceland, in the Europe region.
How does Naust Marine make money?
Five revenue lines are on record. Winch Sales are the primary driver. The others are deck Machinery Systems, service and Support, spare Parts Supply and service Contracts.
Who are Naust Marine's main competitors?
Direct peers on record are Rapp Marine Systems, Karm Winches & Power (Karmfjord), Sperre AS and Triplex AS. Broad incumbents are MacGregor (Cargotec), Kongsberg Maritime, Wärtsilä Marine, Palfinger Marine and Damen Shipyards. AKVA Group is listed as an emerging player.
Does Naust Marine have an API?
No public API is recorded for Naust Marine.
What industry is Naust Marine in?
Naust Marine's product category is Marine Deck Machinery. Its primary akta.pro industry code is IMAJAIAA, Deck Machinery & Mooring Systems (Winches, Windlasses, Capstans), with a secondary code of IMAJAGAF, Electrical Engineering & Power Distribution (Generation, Switchboards, Cabling, Lighting). Its NAICS code is 336611 and its SIC code is 3730.