Shiptec

What Shiptec does

Shiptec AG is the largest engineering and shipbuilding firm for inland-waterway vessels in Switzerland, headquartered in Lucerne at a shipyard with a 70m by 14m construction hall and a 400-ton floating dock. Founded in 2012 as a spin-off of SGV Holding AG (the Lake Lucerne Navigation Company), the company operates with a heritage tracing to 1843 and combines full in-house ship design, engineering, construction, and lifecycle service across central Europe using mobile workshops. Its product portfolio spans new builds, conversions and modernizations, electric and hybrid drive systems (including hydrogen fuel cell integration via the HELIOS project), and the EcoShip digital platform comprising EcoLog (data acquisition), EcoLive (real-time cloud dashboard), EcoPilot (ML-based sailing optimization for scheduled-service vessels), and Custom Solutions (analytics on timetable simulation, fouling, bunker management, and passenger prediction). Revenue is generated through project-based shipbuilding contracts, professional engineering services, recurring service and repair work, and subscription-based digital products (EcoLog and EcoPilot priced as annual all-inclusive fees). The customer base is concentrated among European public-transport operators (SGV, CGN, Walensee Navigation, Bayerische Seenschifffahrt, Stadtwerke Konstanz), government agencies (Swiss Army, Cantonal police), and private vessel owners.

Name

Shiptec

Legal name

Shiptec AG

Website

https://shiptec.ch

Company type

Private

Founded year

2012

Operating status

Operating

Short description

Shiptec AG is Switzerland's largest inland-waterway shipbuilder and engineering firm, designing, constructing, and servicing passenger, commercial, and government vessels, with the EcoShip digital platform adding subscription-based monitoring and AI-assisted navigation.

Ownership category

akta.pro rank

Product category

Shipbuilding and Marine Engineering Services

NAICS

Ship Building and Repairing (336611), Boat Building (336612), Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511), Navigational Services to Shipping (488330)

SIC

Ship & Boat Building & Repairing (3730), Industrial Instruments For Measurement, Display, And Control (3823), Search, Detection, Navagation, Guidance, Aeronautical Sys (3812)

akta.pro primary industry

Project Management & Owner’s Engineering / Technical Consultancy (Spec Writing, Bid Support, Site Support) (IMAJAGAO)

akta.pro secondary industries

Retrofits, Upgrades & Compliance Conversions (Scrubbers, BWTS, Alternative Fuels, Energy-Saving Devices) (TLAHAMAI), Digital Yard Infrastructure & Asset Monitoring (IoT, CMMS, Crane/Dock Monitoring) (IMAJALAM), Patrol, Interceptor & Law-Enforcement Craft (Coast Guard, Customs) (IMAJADAD)

Keywords

• Shipbuilding services
• Electric propulsion systems
• Hybrid marine drives
• Marine digital monitoring
• Ship engineering

Headquarters

HQ city

Lucerne

HQ country

Switzerland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Infrastructure, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Ship Design & Engineering Services: Interdisciplinary engineering services including ship concept development, construction planning, and project management for new builds and retrofits.
2. Shipbuilding & New Construction: Construction of new vessels including passenger ships, work boats, push boats, police and fire service boats, cargo barges, and private yachts. Revenue from material, labor, and project management.
3. Service & Repairs: Comprehensive service and support including mobile workshops for on-site repairs throughout Europe, maintenance contracts, and 24/7 emergency service availability.
4. EcoShip Digital Products (EcoLog/EcoPilot): Subscription-based model for measurement system and assistance systems. All-inclusive pricing covering hardware, software updates, defect replacements, user management, and data security.
5. Conversion/Renovation/Modernization: Complex renovation projects including hull work, engine replacement, hybrid/electric conversions, and interior refurbishment.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Shiptec AG designs, engineers, builds, and services professional inland-waterway vessels — passenger ships, work boats, patrol boats, cargo barges, and private yachts — from its shipyard in Lucerne, Switzerland. The company specializes in electric and hybrid propulsion systems and offers the proprietary EcoShip digital platform (EcoLog measurement, EcoLive monitoring, EcoPilot AI-assisted navigation) for fleet optimization. Turnkey offerings span new construction, conversion/renovation, propulsion electrification, and full lifecycle service with mobile workshops across Europe.

Product overview

Shiptec is a Swiss shipbuilding company offering an integrated portfolio spanning physical vessel products and digital services. EcoShip is the company's flagship digitalization platform comprising EcoLog (data collection measurement system), EcoLive (real-time cloud monitoring dashboard), EcoPilot (AI-powered optimization assistance), and Custom solutions (data analytics). EcoLog serves as the foundational data acquisition layer; EcoLive adds real-time visualization; EcoPilot leverages AI/machine learning to optimize sailing profiles; and Custom solutions enable specialized analyses including timetable simulation, fouling detection, and passenger prediction. Complementing the digital offerings, Shiptec provides traditional shipbuilding services (new builds, conversions, repairs), engineering for ship design and propulsion systems, electric and hydrogen drive solutions, and autonomous navigation R&D. The company operates the largest shipyard in Switzerland (Lucerne) with mobile workshop capabilities across Europe.

Differentiator

Problem solved

Functional benefit

Products and services

• EcoShip Digital Platform Shiptec's digitalization platform for professional inland navigation, encompassing EcoLog measurement hardware, EcoLive real-time cloud monitoring, EcoPilot AI-assisted navigation, and Custom solutions for fleet optimization. Targeted at shipping companies and vessel operators.
• EcoLog Measurement System Modular measurement system for professional inland waterway navigation that records ship position, speed, component temperatures, and energy consumption. Universally compatible with almost all ship types and retrofittable to any vessel. Sold as an all-inclusive subscription covering hardware, software updates, defect replacements, user management, and data security.
• EcoPilot AI Assistance System AI-powered assistance system for ships in scheduled operation. Uses machine-learning algorithms to calculate optimal sailing profiles in real time, integrating sailing plans with vessel characteristics and external conditions (passenger frequency, wind, current) to recommend the most efficient driving style under timetable constraints. Delivered as an annual subscription requiring EcoLog as foundation.
• Ship Design & Engineering Interdisciplinary engineering services covering development, construction, and planning of ships and shipbuilding projects, including energy and propulsion system design. Provided by an interdisciplinary team of naval, mechanical, electrical, and automation engineers for customers commissioning new builds or retrofits.
• Shipbuilding & New Construction Construction of new vessels including passenger ships, work boats, push boats, police and fire service boats, cargo barges, and private yachts at the Lucerne shipyard. Includes metal construction, mechanics, electrical engineering, plumbing/HVAC, joinery, and painting. Delivered as project-based contracts with custom pricing.
• Service & Repairs Comprehensive service and support for ships throughout their operational life, including mobile workshops for on-site repairs throughout Europe, maintenance contracts, and 24/7 emergency service availability.
• Electric Drive Solutions Battery electric drive system design and implementation for professional shipping, including battery system sizing, custom Power Management System for dynamic load monitoring and control of propulsion and on-board electrical systems, and charging infrastructure. Targets emission-free vessel operation.
• Hydrogen (H2) Energy Systems Integration of hydrogen fuel cells for ship propulsion, including hydrogen storage system design, fuel cell integration, and power management balancing battery and fuel-cell sources. Developed as part of the HELIOS project.
• Autonomous Driving System (R&D) Research and development of autonomous navigation technologies for inland waterways, including assistance systems, nautical procedures, and new propulsion systems. Aimed at reduced crew requirements and enhanced safety in professional shipping.

Quantifiable outcome

• EcoPilot achieves average 13% fuel savings in comparative testing; up to 20-30% efficiency gains possible with data-driven operational optimizations
• +3 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature6 records

Partnerships

16 partnerships are on record, tiered minor, flagship and core.

• Gschwend AG Gastro-BauminorStrategic or Co-development Partner · 1 January 2026Interior construction partner for MS Brunnen modernization project, providing design and installation of furnishings, lighting, and sanitary facilities.
• SGV Holding AGflagshipOthers · 1 January 2012Parent company of Shiptec AG. Shiptec was founded as subsidiary of Schifffahrtsgesellschaft des Vierwaldstättersees (SGV) and remains part of SGV-Gruppe.
• SchottelcoreTechnology or IntegrationPartner for development and production of versatile rudder propellers and control systems for ship propulsion and maneuvering.
• Aventics (Marex OS)coreTechnology or IntegrationOfficial Swiss sales and service partner for Marex OS throttle controls for ship automation and control systems.
• Volvo PentacoreTechnology or IntegrationOfficial service dealer for Volvo Penta marine commercial engines and drive solutions in Swiss market.
• BöeningcoreTechnology or IntegrationSwiss sales and service partner for Böening alarm, monitoring, and control systems for professional vessels.
• TeignbridgecoreChannel Partner/ Reseller/ DistributorOfficial sales partner for Switzerland, Austria, and Germany for propellers and shafting systems.
• DeckmaminorChannel Partner/ Reseller/ DistributorSales and service partner for Switzerland and boundary waters for fire alarm systems and lighting technology.
• judel/vrolijk & cocoreStrategic or Co-development PartnerDesign partner for new ship constructions, providing design and engineering expertise for custom vessel projects.
• SiemenscoreTechnology or IntegrationExpert partner for modern drive concepts and electric propulsion system integration.
• Marine AlutechminorChannel Partner/ Reseller/ DistributorSales and service partner for work boats and official use vessels made of aluminium.
• DesignwerkcoreTechnology or IntegrationPartner for innovative systems in electromobility, including battery and charging solutions for electric vessels.
• AlushipminorChannel Partner/ Reseller/ DistributorPartner for production of aluminium hulls for new vessel builds.
• Kewatec AluBoatminorChannel Partner/ Reseller/ DistributorFinnish shipyard partner for high-performance aluminium boats for professional use.
• Alunaut OÜminorChannel Partner/ Reseller/ DistributorManufacturer partner for professional aluminium workboats.
• Barro Bootsbau GmbHminorChannel Partner/ Reseller/ DistributorPartner for working and authority boats made of aluminium.

Scale indicators9 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• Bodan-Werft GmbH & Co. KG: Shipyard on Lake Constance building and servicing inland passenger and work vessels for the German-speaking lake market. Closely comparable to Shiptec in vessel types, customer segments (commercial operators and authorities), and inland-waterway geographic focus.
• Fassmer GmbH & Co. KG: German shipyard specializing in patrol boats, workboats, and special-purpose vessels for coast guard, police and commercial operators. Highly comparable to Shiptec's patrol/work boat business and government customer base across the DACH region.
• Baltic Workboats AS: Estonian shipyard building aluminium workboats, patrol vessels, and passenger ferries for European authorities and commercial operators. Comparable to Shiptec in vessel types, aluminium construction partnerships (e.g., Marine Alutech), and government/commercial customer mix.

Broad incumbents

• Damen Shipyards Group: Large Dutch shipbuilding group with a broad portfolio including workboats, patrol vessels, and inland waterway vessels, plus active digitalization initiatives. Comparable as a much larger incumbent offering overlapping vessel categories across Europe, but with significantly broader scope and scale than Shiptec.
• Meyer Werft: One of Europe's largest shipbuilders, primarily known for cruise ships but active across multiple vessel categories and increasingly in energy-efficient propulsion. Relevant as a broader German shipbuilding incumbent with overlapping digital/green propulsion R&D and a much larger resource base.
• Wärtsilä Marine Systems: Global marine systems provider offering hybrid/electric propulsion, digital fleet solutions, and lifecycle services. Comparable to Shiptec in hybrid/electric drive expertise and digital ship ambitions, but with global scale and broader platform scope.
• ABB Marine & Ports: Global supplier of electric propulsion, hybrid power, and digital solutions for ships. Directly comparable to Shiptec's electric drive and hydrogen integration capabilities, with overlapping target customers and broader product portfolio.

Emerging players

• Kongsberg Maritime: Norwegian maritime technology company delivering autonomous navigation, fleet management, and digital ship solutions. Directly comparable to Shiptec's EcoShip/EcoPilot AI navigation roadmap and the broader autonomous-shipping R&D direction.
• Maritime Robotics AS: Norwegian vendor of autonomous navigation, remote control, and situational awareness systems for inland and coastal vessels. Highly comparable to Shiptec's autonomous inland navigation R&D and EcoPilot AI assistance direction at an early-stage scale.

Others

• ZF Marine Technology Center: Marine propulsion systems division of ZF Friedrichshafen supplying marine transmissions, hybrid drivetrains, and controls. Relevant as a tier-1 propulsion partner comparable to Shiptec's hybrid/electric drive integrations, though operating as a supplier/ecosystem player.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/shiptec
• YouTubeyoutube.com/@shiptec
• Xx.com/shiptec_ag

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Shiptec