SMST

Name

SMST

Legal name

SMST Designers & Constructors BV

Website

https://smstequipment.com

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Offshore Equipment Manufacturing

NAICS

Overhead Traveling Crane, Hoist, and Monorail System Manufacturing (333923), Industrial Truck, Tractor, Trailer, and Stacker Machinery Manufacturing (333924), Agriculture, Construction, and Mining Machinery Manufacturing (3331)

SIC

Construction, Mining & Materials Handling Machinery & Equip (3530), Miscellaneous Transportation Equipment (3790), Construction Machinery & Equip (3531)

akta.pro primary industry

Offshore Wind & Renewable Support Vessel Construction (SOV, CTV, WTIV) (IMAJACAG)

akta.pro secondary industries

Lifting Attachments & Material Handling Accessories (Fork Attachments, Slings, Rigging) (IMAHABAJ), Deck Fittings & Hardware (Bitts, Fairleads, Cleats, Anchors & Chains) (IMAJAIAK)

Keywords

• Offshore lifting equipment
• Motion compensated gangways
• Knuckle boom cranes
• Offshore wind systems
• Subsea installation equipment

Headquarters

HQ city

Drachten

HQ country

Netherlands

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Equipment Sales: Sale of new offshore equipment including gangways (Telescopic Access Bridges), knuckle boom cranes, and project solutions. Custom-built to customer specifications with in-house design and engineering.
2. Equipment Rental: Short- and long-term rental of Telescopic Access Bridges (TAB M and L1 series) for offshore operations. Modular design enables rapid deployment worldwide.
3. Service, Maintenance & Spare Parts: Worldwide maintenance services, spare parts supply, and periodic inspections to keep equipment in reliable working order and prevent downtime.
4. Upgrades & Modernization: Modular upgrades to existing equipment to higher specifications, allowing customers to adapt equipment to new operational requirements without full replacement.
5. Service Framework Agreements (SFA): Tailored service agreements providing structured support in service, maintenance, spare parts, and training with extended guarantee periods.
6. Training Services: Training programs for SMST equipment including technology training, gangway operator awareness, simulator training, and e-learning.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

SMST Designs & Constructors BV designs, engineers, and builds custom offshore equipment including Telescopic Access Bridges (TAB gangways) for personnel and cargo transfer, a modular range of subsea and 3D motion compensated knuckle boom cranes, and project-specific systems for pipelaying, modular drilling, davits, cable laying, skidding, and hangar doors. Equipment is custom-built to customer specifications in Drachten, Netherlands and delivered globally with installation, maintenance, spare parts, upgrades, training, and rental support through a worldwide service network.

Product overview

SMST Designs & Constructors BV is an internationally oriented Dutch company specializing in offshore equipment for the maritime and energy industries. The product portfolio centers on three core systems: Telescopic Access Bridges (TAB) for personnel and cargo transfer (sizes M through XL, 13-58m), Modular Crane Range including subsea knuckle boom cranes (25t-150t SWL, up to 3000m water depth) and 3D motion compensated cranes, and Project Solutions encompassing pipelay equipment, drilling systems, davit systems, and handling equipment. The smartSERIES technology platform provides digital capabilities for remote monitoring, workability reporting, energy management, and automation. SMST offers both purchase and rental options, with a global service network covering Brazil, Singapore, Czech Republic, USA, and China.

Differentiator

Problem solved

Functional benefit

Brands

• smartSERIES: A product philosophy reflecting SMST's vision to continuously develop products and technology that guarantee maximum benefits. Includes smartACTIONS (data-driven decision making tools), SmartEnergy (minimizes energy consumption), and SmartTAB/CRANE (safe and efficient people and cargo logistics).

Products and services

• Telescopic Access Bridges (TAB) Modular gangway family for the safe and efficient transfer of personnel and cargo between vessels and offshore structures, available in five size classes (M, L1, L2, L3, XL) spanning 4m to 58m in length with active or passive motion compensation, 300kg to 6000kg lifting capacities, optional autolanding, bumper/cone mode, and workability up to Hs 4.5m significant wave height. Targeted at offshore wind farm operators, oil and gas platform operators, and walk-to-work vessel crews.
• Modular Crane Range (Subsea and 3D Motion Compensated Knuckle Boom Cranes) Exchangeable knuckle boom crane configurations for deck, offshore, and subsea handling including Subsea Knuckle Boom Crane Series S/M/L/XL (20-45m outreach, 25-150t SWL, up to 3000m water depth) and 3D Motion Compensated Knuckle Boom Cranes from 3-20t SWL with harbor loads up to 30t. Active Heave Compensation supports safe lifting and lowering in rough sea states. Designed for offshore vessel operators in oil and gas, offshore wind, and subsea construction.
• Pipelay Equipment Comprehensive pipelay systems including PLET handling systems, workstations, pipe spooling systems, land spool base equipment, and rigid pipe reel spooling systems covering a wide range in capacity. Built for pipelay vessels used by offshore construction contractors.
• Modular Drilling Systems Customizable drilling systems designed for geotechnical and offshore drilling applications, developed in close cooperation with clients for challenging offshore projects. Targeted at offshore construction and survey operators.
• Davit Systems Davit systems in sizes S through XL with high-speed hoisting configurations and wave compensation, handling maximum weights from 4.5t (S) to 25t (XL) in sea conditions up to 3.5m significant wave height. Deployed on naval, pilot, and maritime vessels including an 80m pilot base vessel for Vloot DAB.
• Cable Laying Equipment Equipment for offshore cable laying operations including cable handling and deployment systems. Supplied to offshore cable lay contractors such as Van Oord for the Calypso vessel.
• PLET Handlers PLET (Pipeline End Terminus) handling systems designed and built for multiple pipelay vessels covering a wide range in capacity. Targeted at subsea construction contractors handling pipeline terminations.
• Skidding Systems Skidding technology equipment for moving heavy loads horizontally across vessel decks or offshore platforms. Targeted at offshore operators that need to reposition large modules safely.
• Pipe and Riser Handling Equipment Specialized equipment for handling pipes and risers during offshore construction and maintenance operations. Used by offshore construction and oil and gas operators.
• Hangar Doors Large industrial doors for protecting equipment and vehicles in offshore hangar facilities onboard vessels and platforms. Targeted at offshore wind and oil and gas vessel operators.
• smartSERIES Technology Platform Integrated technology platform combining smartACTIONS for data-driven decision making with remote monitoring and workability reporting, SmartEnergy for energy storage and power balancing, and SmartTAB/CRANE for shared system controls, automation, and simulation. Sold as part of SMST equipment packages to offshore vessel operators.
• Rental Gangways (TAB) Short- and long-term rental of Telescopic Access Bridges (TAB M and L1 series) for offshore wind and oil and gas operations. Modular lightweight stacking and small footprint enable rapid worldwide mobilization, operational in 1 day, with service support and optional training included.
• Maintenance and Spare Parts Services Worldwide maintenance services and spare parts supply to keep customer equipment in reliable working order and prevent downtime, including periodic inspections. Delivered through headquarters in the Netherlands and service hubs in Brazil, Singapore, Czech Republic, USA, and China.
• Upgrades & Modernization Modular upgrades to existing equipment to higher specifications, allowing customers to adapt equipment to new operational requirements without full replacement. Targeted at existing SMST customers seeking to extend capability or comply with new operating profiles.
• Service Framework Agreements (SFA) Tailored, recurring service agreements providing structured support across service, maintenance, spare parts, and training with extended guarantee periods. Sold as multi-year contracts to operators of SMST equipment globally.
• Training Services Training programs for SMST equipment including technology training, gangway operator awareness, simulator training, and e-learning. Delivered to customer crews and technical personnel operating SMST gangways, cranes, and project equipment.

Quantifiable outcome

• High workability up to Hs 4.5m significant wave height
• +3 more outcomes

Named customers13 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

Feature5 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Marco Polo MarinecoreStrategic or Co-development Partner · 5 February 2026SMST selected by Marco Polo Marine to deliver comprehensive mission equipment package for first-of-its-kind CSOV-Plus vessel. Scope includes Access & Cargo Tower with motion compensated gangway (TAB-L2) and 100t knuckle boom crane. Partnership emphasizes flexibility for dual-sector operations across offshore wind and oil & gas. Follows successful collaboration on earlier CSOV Wind Archer.
• PKR OffshorecoreStrategic or Co-development Partner · 5 February 2026PKR Offshore partnered with Marco Polo Marine on CSOV-Plus project. Selected SMST equipment to deliver highest standards of safety and efficiency for offshore wind operations. Partnership enables the vessel to support technicians and clients in challenging offshore environments.
• Baltic WorkboatscoreStrategic or Co-development Partner · 22 January 2026Baltic Workboats (part of BLRT Grupp) selected by Vloot DAB to build 80-meter pilot base vessel equipped with SMST davit systems. Described as the largest vessel ever undertaken by Baltic Workboats, representing a major milestone. Partnership emphasizes technically advanced projects and innovative solutions.
• Western Baltija ShipbuildingminorStrategic or Co-development Partner · 22 January 2026Part of BLRT Grupp alongside Baltic Workboats, contributing to construction of the 80-meter pilot base vessel for Vloot DAB.
• ConoshipminorStrategic or Co-development Partner · 22 January 2026Ship design company responsible for design of the 80-meter pilot base vessel being built for Vloot DAB and equipped with SMST davit systems.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Huisman Equipment B.V. Dutch-headquartered manufacturer of heavy marine equipment including offshore cranes, gangways, and mission equipment for offshore wind and O&G vessels. Closest direct peer given shared Dutch origin, comparable product portfolio (cranes, access systems), and overlapping customer base in offshore wind SOVs and O&G subsea construction.
• MacGregor: Part of Cargotec, MacGregor is a major supplier of offshore load handling, mooring, and crane equipment for offshore vessels including CTVs, SOVs, and OSVs. Directly competes in offshore cranes and access systems with global service network comparable to SMST.
• Palfinger: Austrian-based manufacturer of marine and offshore cranes, davits, and access systems serving offshore wind, O&G, and naval markets. Direct competitor in offshore knuckle boom cranes and lifecycle service, with overlapping product specifications in subsea lifting.

Broad incumbents

• National Oilwell Varco (NOV): Large global OEM of oilfield and offshore equipment, including offshore cranes (formerly TTS Group's offshore cranes business). Competes with SMST in heavy offshore lifting and deck machinery but operates at far broader scale across drilling, production, and subsea.
• Liebherr: Diversified heavy equipment group with a maritime crane division producing offshore cranes, ship cranes, and port equipment. Overlaps with SMST in offshore crane supply but operates across many other construction and mining equipment categories.
• Konecranes: Global leader in industrial cranes and lifting equipment with growing presence in port and offshore applications including STS cranes and offshore lifting solutions. Competes more on the lifting/hoist technology layer rather than integrated mission equipment packages.
• Cargotec: Finnish parent company of MacGregor, Hiab, and Kalmar - provides integrated offshore and load handling solutions at global scale. Indirect competitor through MacGregor, with broader financial firepower to bundle mission equipment with full vessel packages.
• Harding (Rolls-Royce): Rolls-Royce's marine division supplies offshore safety and davit systems including lifeboat and personnel davits for offshore vessels. Overlaps with SMST's davit systems product line for pilot boats and offshore platform personnel transfer.

Emerging players

• Axtech Workboats: Norwegian-based designer of offshore access systems and mission equipment for CTVs and SOVs. Smaller and more regional than SMST but increasingly relevant as a competitor in the Northern European offshore wind vessel market.
• TorgCraft / Northridge Norway: Norwegian supplier of offshore cranes and lifting equipment focused on smaller-scale offshore service vessels. Comparable in scale and product focus to SMST's smaller product lines but with regional Nordic market concentration.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/smst

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

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 SMST