MHI Ship Repair & Services

What MHI Ship Repair & Services does

MHI Ship Repair & Services is a full-service marine repair and conversion contractor headquartered in Norfolk, Virginia, operating as a subsidiary of Titan Acquisition Holdings. Founded in 1977 as a marine hydraulic system repair specialist, the company has grown into a multi-trade shipyard serving the U.S. Navy, Military Sealift Command, Maritime Administration, and commercial ship owners. The Norfolk shipyard sits on the Elizabeth River at the port of Hampton Roads and features a 1,220-foot pier with 36 feet of water depth capable of berthing up to four ships simultaneously, supported by a 1,000-ton fixed crane, a 300-ton spud barge, an environmentally controlled paint/blast/drying booth, and RFID-secured piers and machinery spaces. Operations are staffed by nearly 500 specially trained personnel, and the company is recognized by State, Federal, and Class societies for quality assurance and safety.

The service portfolio spans structural repair, steel plate fabrication, paint and coatings, pipe and valve repair, machine services, and electrical services. Coatings operations are certified to NACE Level 1, NACE Level 3, NACE SCAT, SSPC QP1, and SSPC QCS standards, and the company holds recognition from the Shipbuilders Council of America and the Signal Administration's safety award. The Hampton Roads location places MHI adjacent to Naval Station Norfolk and Norfolk Naval Shipyard, the largest naval base in the world, and work is also performed at Naval Station Norfolk and Norfolk Naval Shipyard through subcontractor arrangements.

Revenue is generated through contract-based, custom job pricing on multi-year government and commercial engagements, with no public revenue disclosure. Go-to-market is enterprise field sales, with dedicated leadership for commercial (VP Business Development Bob Lynch) and government (Director Contracts/Estimating Chris Ceglio) channels. MHI is owned by Titan Acquisition Holdings, a bicoastal ship repair and fabrication platform majority-owned by The Carlyle Group, with Stellex Capital Management as a co-controlling sponsor; the platform also includes Vigor Industries, Continental Maritime of San Diego, Seaward Marine Services, and Accurate Marine Environmental.

Name

MHI Ship Repair & Services

Legal name

MHI Ship Repair & Services

Website

https://mhi-shiprepair.com

Company type

Private

Founded year

1977

Operating status

Operating

Headcount range

251–500 employees

Short description

MHI Ship Repair & Services is a Norfolk, Virginia-based full-service marine repair and conversion contractor serving the U.S. Navy, Military Sealift Command, Maritime Administration, and commercial ship owners. Founded in 1977 and now part of Titan Acquisition Holdings, it operates a 1,220-foot pier facility staffed by nearly 500 employees.

Ownership category

akta.pro rank

Product category

Ship Repair and Marine Conversion Services

NAICS

Ship Building and Repairing (336611)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Naval & Government Vessel Maintenance & Modernization (TLAKAKAB)

akta.pro secondary industries

Piping, Mechanical & Auxiliaries Repair (Pumps, Valves, Heat Exchangers, Boilers) (IMAJAFAE), Fabrication & Prefab Modules for Repair (Spools, Steel/Aluminum Sections) (IMAJAFAL), Electrical, Automation & Control Systems Repair (TLAKAKAG), Retrofits & Modernization (Scrubbers, Ballast Water, Alternative Fuels, Energy-Saving Devices) (IMAJAFAH)

Keywords

• Marine repair services
• Naval vessel repair
• Shipyard conversion services
• Marine coatings services
• Commercial ship repair

Headquarters

HQ city

Norfolk

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Others

Revenue model

1. Ship Repair Services: Core revenue from ship repair and conversion services for commercial and government vessels including structural repair, steel plate fabrication, paint & coatings, pipe repair, valve repair, machine work, and electrical services
2. Engineering Services: Engineering services as well as hull and machinery repairs for Navy vessels and MSC ships

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

MHI Ship Repair & Services is a full-service marine repair and conversion shipyard performing structural repair, steel plate fabrication, paint and coatings, pipe repair, valve repair, electrical services, and machine work for U.S. Navy vessels, Military Sealift Command ships, Maritime Administration vessels, and commercial ship owners. Operations are conducted at a 1,220-foot pier facility in Norfolk, Virginia, on the Elizabeth River at the port of Hampton Roads.

Product overview

MHI Ship Repair & Services is a full-service shipyard and marine repair contractor providing a comprehensive suite of ship repair and conversion services. The company operates under Titan Acquisition Holdings and offers integrated services including Structural Repair, Steel Plate Fabrication, Paint & Coatings, Machine Services, Pipe Repair, and Electrical Services. Located in Norfolk, Virginia, the facility features a 1,220-foot pier with deep draft capabilities and serves U.S. Navy vessels, Military Sealift Command ships, Maritime Administration vessels, and commercial ship owners worldwide.

Differentiator

Problem solved

Functional benefit

Products and services

• Structural Repair

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered major and core.

• Huntington Ingalls IndustriesmajorStrategic or Co-development Partner · 12 February 2020Seller of San Diego Shipyard to Titan; following the acquisition, Huntington Ingalls holds a minority interest in Titan, enabling mutual collaboration on defense ship repair and sustainment capabilities
• Continental Maritime of San Diego LLCcoreOthers · 1 March 2019Part of the Titan family providing ship repair services on the West Coast; formerly operated as Huntington Ingalls San Diego Shipyard before Titan acquisition
• Seaward Marine Services LLCcoreOthersAffiliate company providing marine services as part of the MHI/Titan family of ship repair companies
• Accurate Marine Environmental Inc.coreOthersAffiliate company providing marine environmental services as part of the MHI/Titan family
• Vigor Industries LLCcoreOthersMajor affiliate within Titan family, operating shipyards in Pacific Northwest, Alaska and Hawaii; part of the combined Vigor-MHI platform under Titan

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• General Dynamics NASSCO: NASSCO, a General Dynamics business, operates a major San Diego shipyard that builds auxiliary and commercial ships and performs Navy repair. It is a broad incumbent peer for MHI's Navy and MSC repair, conversion, and sustainment work.
• BAE Systems Ship Repair: BAE Systems operates multiple US East and Gulf Coast shipyards (Norfolk, San Diego, Mobile, Jacksonville, Mayport, Pearl Harbor) performing Navy, MSC, and commercial ship repair and conversion. Direct overlap with MHI on East Coast Navy availabilities makes it one of the largest US ship repair competitors.
• Huntington Ingalls Industries: Huntington Ingalls is the largest US military shipbuilder and also operates major Navy repair facilities, including a former San Diego shipyard sold to Titan. As both a strategic partner and a competitor for Navy repair and modernization work, HII is a key benchmark for MHI's market and pricing.

Emerging players

• Austal USA: Austal USA builds and supports littoral combat ships, expeditionary fast transport, and auxiliary vessels for the US Navy from Mobile, Alabama. While primarily a new-construction shipbuilder, it increasingly participates in sustainment and modernization services that overlap MHI's government segment.

Direct peers

• East Coast Repair & Fabrication: East Coast Repair & Fabrication operates a Norfolk shipyard providing structural, piping, mechanical, and electrical ship repair for Navy and commercial customers. Geographic co-location and overlapping services make it a direct peer to MHI in the Hampton Roads market.
• Vigor Industries: Vigor operates shipyards in the Pacific Northwest, Alaska and Hawaii, and is the sister company of MHI under the Titan Acquisition Holdings platform. It performs the same full-service ship repair, modernization, and fabrication work for Navy, MSC, and commercial customers, making it the closest functional peer.
• Colonna's Shipyard: Colonna's is a privately owned Norfolk, Virginia shipyard performing structural, mechanical, and electrical ship repair for commercial and government vessels. Colonna's competing locally with MHI for Hampton Roads work makes it a regionally relevant direct peer.
• Continental Maritime of San Diego: Continental Maritime of San Diego is another Titan platform shipyard that provides ship repair and fleet-services work on the US West Coast. It competes and collaborates with MHI on bicoastal Navy availabilities for the same customer set.
• Norfolk Naval Shipyard: Norfolk Naval Shipyard is the Navy's oldest public-sector shipyard located in Portsmouth, Virginia, performing overhaul, refueling, and modernization of submarines and carriers. As the public-sector competitor for the same Norfolk-area Navy workload, it directly competes with MHI on East Coast availabilities.
• Atlantic Marine (BAE Systems): Atlantic Marine operates East Coast shipyards performing Navy, MSC, and commercial vessel maintenance, repair, and fabrication. As a sister BAE Systems yard, it competes for the same East Coast Navy availabilities that MHI targets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/profile.php

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MHI Ship Repair & Services