LMG Marin

What LMG Marin does

LMG Marin is a naval architecture and marine engineering firm headquartered in Bergen, Norway. Founded in 1943, the company operates as a privately held for-profit entity serving the maritime sector with specialized engineering services. With a headcount of 51–100 employees, LMG Marin occupies a small-to-mid-sized consultancy position in the marine engineering market, anchored in Norway's longstanding maritime industrial cluster on the country's west coast.

The company's core business revolves around naval architecture and marine engineering — a technically demanding discipline covering vessel design, hydrodynamic analysis, structural engineering, and related technical services for shipbuilders, vessel operators, and offshore stakeholders. As an engineering consultancy operating in a capital-intensive end market, LMG Marin's revenue mechanics are presumed to flow from project-based consulting engagements and design contracts, though specific pricing models, customer segments, and productized offerings are not disclosed in the available source material. The firm maintains a web presence at lmgmarin.no, reinforcing its Norwegian domicile.

No data is available in the current source set regarding revenue, ownership structure, parent-subsidiary relationships, geographic markets served beyond Norway, funding history, management team composition, or specific product and service lineups. The company appears to be a stable, mature engineering practice without disclosed technology platforms, APIs, AI capabilities, certifications, or app products in the data set reviewed.

Name

LMG Marin

Website

https://lmgmarin.no

Company type

Private

Founded year

1943

Headcount range

51–100 employees

Short description

LMG Marin is a privately held Norwegian naval architecture and marine engineering consultancy founded in 1943 and headquartered in Bergen, with 51–100 employees. The firm provides specialized vessel design and marine engineering services to maritime-sector clients.

Ownership category

akta.pro rank

Product category

Naval Architecture and Marine Engineering Services

NAICS

Engineering Services (541330), Architectural, Engineering, and Related Services (5413)

SIC

Services-Engineering Services (8711), Ship & Boat Building & Repairing (3730)

akta.pro primary industry

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

akta.pro secondary industries

Production Design & Detailed Engineering (3D CAD, Drawings, BOM, Nesting) (IMAJAGAK), Safety, Risk & Compliance Engineering (SOLAS, Class Rules, HAZID/HAZOP, FMEA) (IMAJAGAJ)

Keywords

• Naval architecture
• Marine engineering
• Ship design
• Vessel engineering
• Offshore engineering

Headquarters

HQ city

Bergen

HQ country

Norway

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations

Core offering

LMG Marin provides naval architecture and marine engineering services to maritime clients. Founded in 1943 and headquartered in Bergen, Norway, the company designs and engineers ships and marine vessels for shipbuilders, shipowners, and offshore operators, drawing on more than 80 years of accumulated expertise.

Differentiator

Problem solved

Functional benefit

Ideal customer profiles1 record

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Broad incumbents

• DNV: Global classification and maritime advisory society headquartered in Norway. Overlaps with LMG Marin across ship design support, verification and engineering services, but operates at much larger scale and across a broader maritime portfolio.
• Bureau Veritas: International classification society providing ship classification, verification and marine engineering consultancy. Comparable to LMG Marin as an engineering-services peer in the maritime value chain, but with global reach and a diversified service offering.
• Lloyd's Register: UK-based classification society offering ship and offshore engineering, design support and advisory services. Comparable to LMG Marin on the naval architecture and engineering services axis, with materially greater international scale.
• Vard (Fincantieri): Norwegian shipbuilder and part of Fincantieri, with significant in-house vessel and ship design capability. Comparable to LMG Marin in naval architecture activities but embedded within a global shipbuilding group rather than operating as an independent consultancy.
• Kongsberg Maritime: Norwegian provider of maritime engineering, propulsion, automation and ship design-related systems. Comparable to LMG Marin through its involvement in marine engineering and integrated vessel systems, although at substantially larger scale and across a wider product portfolio.
• Wärtsilä: Finnish marine technology and services group active in ship power, propulsion and marine engineering. Comparable to LMG Marin as a marine engineering peer with shipowner and yard customers, but with a much broader technology portfolio.
• Aker Solutions: Norwegian engineering company providing design, engineering and project execution services to offshore and maritime clients. Comparable to LMG Marin in marine and offshore engineering services, although primarily oriented to larger offshore energy projects.
• ABB Marine & Ports: Global supplier of marine propulsion, automation and electrical systems with associated marine engineering services. Comparable to LMG Marin through its involvement in ship engineering and integration work, though as a much larger systems vendor.

Direct peers

• Ulstein Design & Solutions: Norwegian ship design and solutions provider based on the west coast of Norway. Closely comparable to LMG Marin as a specialist naval architecture firm serving shipowners and yards with vessel design and engineering services.
• Salt Ship Design: Norwegian independent ship design and engineering office serving European yards and operators. Directly comparable to LMG Marin as a similarly sized Norwegian naval architecture firm offering vessel concept and basic design services.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights4 records

Customer concentration

• Facebookfacebook.com/lmgmarin
• LinkedInlinkedin.com/company/lmg-marin

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 LMG Marin