DP Marine Exports

What DP Marine Exports does

DP Marine Exports Private Limited is an ISO 9001:2015 certified marine fuel and lubricant supplier headquartered in Visakhapatnam, India, founded in 2009. The company supplies marine fuel oils (180 cSt, 380 cSt), HFHSD/Marine Gas Oils, and a full range of marine lubricants (trunk piston engine oils, system oils, cylinder oils, gear oils, greases) under internationally recognized brands with OEM approvals to both local and international vessels calling at ports across the East Coast of India. Distribution is conducted through direct sales to vessel operators and shipping companies, with managers and office lines providing the primary contact channel.

Beyond core bunkering, the company operates a Free Trade Warehousing Zone (FTWZ) inside the Visakhapatnam Special Economic Zone (VSEZ), providing duty-free storage up to five years, customs clearance support, and port transportation under a license that classifies the zone as a 'deemed foreign territory' by India's Ministry of Commerce. The firm has also extended into international commodity trading (minerals, healthcare essentials, and other goods) across the US, Europe, the Middle East, and Southeast Asia, anchored by a Singapore regional entity, DP Global Ventures Pte Ltd. Revenue is generated primarily through margin on fuel and lubricant sales, warehousing and logistics fees, and trading transaction income, serving a single customer vertical of shipping vessel operators.

Name

DP Marine Exports

Legal name

DP Marine Exports Private Limited

Website

https://dpmarineexports.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

DP Marine Exports is an ISO 9001:2015 certified Visakhapatnam-based supplier of marine fuels, marine lubricants, and Free Trade Warehousing Zone services to local and international shipping vessels on the East Coast of India, with a Singapore-anchored international trading arm.

Ownership category

akta.pro rank

Headquarters

HQ city

Vizag

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Marine Fuels Sales: Supply of marine fuel oils (180, 380 cSt) and HFHSD/Marine Gas Oils to local and international vessels calling at various ports in India. Revenue generated from direct fuel sales to shipping operators.
2. Marine Lubricants Sales: Supply of duty-free and duty-paid marine lubricants including trunk piston engine oils, system oils, cylinder oils, gear oils, and greases under well-known international brands with OEM approvals to vessels at Indian ports.
3. FTWZ Services: Free Trade Warehousing Zone services in Special Economic Zone including duty-free storage up to five years, customs clearance support, and transportation from/to ports. Generates revenue through warehousing fees and related logistics services.
4. International Trading: Trading of minerals, healthcare essentials and other commodities between US, Europe, Middle East, and South East Asian Countries.

Go-to-market motion1 record

Distribution channels1 record

Core offering

DP Marine Exports supplies marine fuel oils (180 cSt, 380 cSt) and HFHSD / Marine Gas Oils to local and international vessels calling at ports across the East Coast of India. It also supplies duty-free and duty-paid marine lubricants — including trunk piston engine oils, system oils, cylinder oils, gear oils, and greases — under internationally recognized brands with OEM approvals. In addition, the company operates a Free Trade Warehousing Zone (FTWZ) inside the Visakhapatnam Special Economic Zone offering duty-free storage up to five years, customs clearance support, and port-to-warehouse transportation.

Product overview

DP Marine Exports is a marine fuel, lubricant, and FTWZ services provider operating as a single integrated offering rather than a modular platform. The core portfolio comprises Marine Fuels (180 cSt, 380 cSt, HFHSD/Marine Gas Oils) and Marine Lubricants (trunk piston engine oils, system oils, cylinder oils, gear oils, greases) for vessels on India's East Coast, complemented by Free Trade Warehousing Zone (FTWZ) services offering duty-free storage and customs clearance, and International Trading of commodities across global markets. All services are delivered under an ISO 9001:2015 certified quality management system.

Differentiator

Problem solved

Functional benefit

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• Minerva Bunkering (Aegean Marine): One of the largest independent marine fuel suppliers globally, operating physical and trading desks across major ports including in Asia. Comparable to DP Marine as a marine fuel/lubricant supplier serving international vessels, but at vastly greater scale.
• Peninsula Petroleum: Major independent marine fuel supplier with global presence including Singapore and Indian Ocean ports. Direct overlap with DP Marine's marine fuel and lubricant supply offering to international vessels calling in Asia.
• Chemoil Energy: Global marine fuel supplier headquartered in Singapore with a strong Asia footprint. Comparable as a marine fuel oil and gas oil supplier serving vessel operators in Indian and Southeast Asian ports.
• Indian Oil Corporation (Marine): India's largest state-owned oil marketer with marine fuel operations at all major Indian ports including the East Coast. Most significant domestic competitor to DP Marine for marine fuel contracts.
• Bharat Petroleum (Marine): Indian PSU oil major with bunkering and marine lubricant offerings at multiple Indian ports. Directly comparable business model to DP Marine within the same Indian regulatory environment.
• TotalEnergies Marine Fuels: Global major oil company's marine bunkering division, supplying VLSFO, HSFO, MGO, and LNG bunker fuels across major Asian ports. Represents the upper end of competitive intensity DP Marine faces for international vessel contracts.

Direct peers

• Tide Water Oil Co. India (Veedol Marine): Indian marine lubricant manufacturer and supplier offering trunk piston engine oils, system oils, and cylinder oils with strong presence in Indian ports. Closest direct product-line peer to DP Marine's marine lubricants business.
• Gulf Oil Marine (Hinduja Group): Marine lubricants supplier with Indian and international operations, serving similar vessel operator customers with engine oils and greases. Comparable product mix to DP Marine's lubricants stream.

Regional players

• Unimarine (Singapore): Singapore-based marine fuel and lubricant supplier focused on bunker deliveries at Singapore and regional ports. Comparable niche Asia-focused bunker supplier model to DP Marine, though operating from Singapore rather than India.
• EPS Logistics (East Coast India): Indian bunker fuel and ship supply agent with East Coast India port presence. Closest scale and geographic comp to DP Marine within the Indian East Coast bunker market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

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 DP Marine Exports