Dragon Marine Service

What Dragon Marine Service does

Dragon Marine Service (DMGroup) is a privately held, Shanghai-headquartered marine services company founded in 2004 that delivers spare parts supply, technical services, ship repair and conversion, propulsion and engine maintenance, and environmental compliance solutions (Ballast Water Treatment and Exhaust Gas Cleaning Systems) to the international shipping industry. Its customer base consists of ship owners, ship management companies, shipyard operators, and engine builders, served through a combination of direct enterprise field sales from offices in China (HQ), Hong Kong, Korea, the United Kingdom, the UAE, and multiple Turkey locations, plus agency and territorial partnerships with leading marine companies and A-class shipyards.

The company's core technology and product set includes 3D scanning combined with virtual reality visualization for retrofitting and architectural design, EGCS design and installation, USCG-approved Ballast Water Treatment solutions, propulsion overhaul (CPP, bow and stern thrusters, stern tube seals, waterjets), and diesel, dual-fuel, and gas engine advisory and repair services. Spare parts inventory covers main engines, diesel generators, turbochargers, deck machinery, and auxiliary machinery sourced from manufacturers including MAN, Wartsila, Yanmar, Mitsubishi, Hudong Heavy Machinery, and licensee factories (WINGD, DMD, QMD, YMD), with stock held across three global hubs in China, Korea, and Turkey to enable rapid response.

Revenue is generated through a mix of hardware sales (genuine spare parts, BWT and EGCS equipment) and project-based professional services (dry dock, voyage afloat repair, pre-purchase surveys, new-building site teams, and 24/7 shipping agency services at Turkish ports). Pricing is quote-based with no public disclosure, and customer acquisition is enterprise-led with no marketing channels beyond the company website's request-a-quote form. The business holds Bureau Veritas ISO 9001 and ISO 14001 certifications and reports serving vessels in more than 60 ports worldwide.

Name

Dragon Marine Service

Legal name

Dragon Marine Service

Website

https://dragonmarineservice.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

Dragon Marine Service is a privately held Shanghai-based marine services provider founded in 2004, supplying spare parts, BWT/EGCS ecological solutions, propulsion and engine repair, and ship maintenance to ship owners, management companies, shipyards, and engine builders across 60+ ports worldwide.

Ownership category

akta.pro rank

Product category

Marine Services

NAICS

Other Support Activities for Water Transportation (48839), Ship Building and Repairing (336611)

SIC

Water Transportation (4400), Misc Industrial & Commercial Machinery & Equipment (3590)

akta.pro primary industry

Propulsion MRO, Spares & Field Service (Overhauls, retrofits, upgrades) (IMAJAHAN)

akta.pro secondary industries

Ballast Water, Bilge & Wastewater Treatment Systems (Environmental/Utility) (IMAJAIAJ), Deck Machinery & Mooring Systems (Winches, Windlasses, Capstans) (IMAJAIAA)

Keywords

• Marine spare parts
• Ship repair services
• Ballast water treatment
• Exhaust gas cleaning
• Vessel maintenance

Headquarters

HQ city

Pudong

HQ country

China

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Marine Spare Parts Supply: Supply of extensive spare parts stock for 2 stroke and 4 stroke diesel engines from genuine makers and licensee factories. Stock located in 3 countries. Includes new building initial supply, warehousing, logistics, and agency support.
2. Marine Services: Dry dock service, voyage afloat repair, vessel pre-purchase inspection/survey, new building site team arrangement, turnkey solutions for dry docking, provision, stores, safety and GMDSS services.
3. Ballast Water Treatment (BWT): Ballast Water Treatment Equipment sales, installation and after-sales service. Equipment selection guidance and material supply.
4. Exhaust Gas Cleaning System (EGCS): Exhaust Gas Cleaning System equipment sales, installation and after-sales service. Agency agreements with scrubber manufacturers.
5. Propulsion Services: Metallurgical repair, blade polishing, CPP overhaul, thruster overhaul, and propulsion equipment E&A services. Includes in-situ repair, reconditioning, and remanufacturing activities.
6. Engine Services: Diesel, dual fuel, and gas engine advisory, inspection, overhaul, and repair. Electrical & automation services including troubleshooting, calibration, and system checks.
7. Shipping Agency Services: Shipping agency services at all ports and straits of Turkey on 24/7 basis with multilingual support.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels1 record

Core offering

Dragon Marine Service (DMGroup) is a global marine services provider that supplies extensive spare parts for 2-stroke and 4-stroke diesel engines, performs ship repair and conversion projects, and delivers ecological compliance solutions including Ballast Water Treatment (BWT) and Exhaust Gas Cleaning System (EGCS) installations. The company also provides 3D scanning-based design, propulsion and engine services, dry dock support, voyage afloat repair, vessel pre-purchase surveys, and 24/7 shipping agency services at Turkish ports.

Product overview

Dragon Marine Service (DMGroup) provides worldwide one-stop marine services since 2004 as a global provider of spare parts, technical services, ship repair, maintenance solutions and ecological solutions to the international shipping industry. The product portfolio includes Ballast Water Treatment (BWT) and Exhaust Gas Cleaning System (EGCS) as core ecological solutions, supported by 3D Scanning & Design and Engineering Services (Propulsion and Engine Services). The spare parts offering covers Main Engine, Diesel Generator Engine, Turbocharger, Deck Machinery, and Auxiliary Machinery components sourced from original makers and licensee factories. These products are complemented by marine services including Dry Dock Service, Voyage Afloat Repair, Vessel Pre-Purchase Inspection/Survey, and Shipping Agency Services. Spare parts are stocked in three critical global locations (China, Korea, and Turkey) to enable rapid response to customer needs.

Differentiator

Problem solved

Functional benefit

Products and services

• Ballast Water Treatment (BWT) Tailor-made Ballast Water Treatment solutions for all vessel types, including equipment sales, installation, equipment selection guidance, material supply and after-sales service support. Targeted at ship owners and operators needing ballast water regulatory compliance.
• Exhaust Gas Cleaning System (EGCS) Exhaust Gas Cleaning System solutions for all vessel types covering 3D scanning, detailed design, equipment selection, material supply, installation and after-sales service. Targeted at ship owners seeking sulfur emission compliance.
• 3D Scanning and Design 3D scanning technology combined with professional design capabilities for engineering, retrofitting and architecture projects, with virtual reality visualization to simulate proposed interiors and layouts. Used by ship owners, shipyards and design teams for retrofitting and conversion projects.
• Propulsion Services Maintenance and repair of marine propulsion equipment including metallurgical repair, blade polishing (ISO 484 Class I), CPP overhaul, bow and stern thruster overhaul, waterjet and stern tube seals, and propulsion E&A services. Targeted at vessel operators requiring propulsion maintenance.
• Engine Services Engine advisory, inspection, overhaul, repair, in-situ repair, reconditioning, and electrical & automation services (troubleshooting, calibration, system checks) for diesel, dual fuel and gas engines. Targeted at ship owners and ship management companies.
• Main Engine Spare Parts 2-stroke and 4-stroke diesel engine spare parts from original makers (MAN, Wartsila) and licensee factories including Hudong Heavy Machinery (HHM), Yanmar, Mitsubishi, Mitsui, Hitachi Zosen and Daihatsu. Targeted at engine builders, ship owners and ship management companies.
• Diesel Generator Engine Spare Parts 4-stroke diesel generator engine spare parts sourced from MAN, Wartsila, Yanmar and Daihatsu licensees. Targeted at ship owners and ship management companies needing auxiliary power generation spares.
• Turbocharger Spare Parts Turbocharger spare parts from MAN, IHI, KBB, ABB, Napier and Holset brands. Targeted at vessel operators performing engine overhaul and maintenance.
• Deck Machinery Spare Parts Deck machinery spare parts including windlass (IHI, TTS, Mac Gregor), deck cranes (Hagglunds, Fukushima, Mitsubishi, Wuhan) and hatch covers (Mac Gregor). Targeted at ship owners and shipyards maintaining deck equipment.
• Auxiliary Machinery Spare Parts

Quantifiable outcome

• Serves ships in more than 60 ports worldwide
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered core.

• A Class Shipyards and Design PartnerscoreStrategic or Co-development PartnerPartnership with A class shipyards for EGCS and BWT installation services, material supply, and design activities. Works with well-trained engineering teams for worldwide service.
• Well Known Scrubber ManufacturerscoreChannel Partner/ Reseller/ DistributorAgency agreements with well-known scrubber manufacturers for Exhaust Gas Cleaning System (EGCS) solutions. Provides equipment sales, installation and after-sales support.
• USCG Approved BWT ManufacturerscoreChannel Partner/ Reseller/ DistributorAgency agreement with USCG approved ballast water treatment system manufacturers. Provides equipment selection guidance, installation and after-sales service.
• Turkish Ship Propulsion Services Market PartnerscoreStrategic or Co-development PartnerStrong partnership with main actors of Turkish Ship Propulsion Services Market, benefiting from specialized class certified workshops and highest quality workmanship.
• Industry Leading Marine CompaniescoreChannel Partner/ Reseller/ DistributorLong lasting relationships with industry leading marine companies through agency agreements and territorial partnerships. Logo partners include COSCO and others.
• Hudong Heavy Machinery (HHM)coreChannel Partner/ Reseller/ DistributorLong-term cooperation for MAN SULZER WARTSILA engines. Supplies MAN 35 to 98MC(-C)/ME, WARTSILA RT-FLEX 48 to 96 engines.
• Licensee Factories (WINGD, CSE)coreOEM/ Whitelabel/ Licensing PartnerPartnerships with WINGD licensee factories and CSE companies (DMD, QMD, YMD) for 2-stroke and 4-stroke diesel engine parts. Also HMM, STX, Hyundai, HNS, Hitachi, Kawasaki for 2-stroke.
• CME, SXD, Anqing, CXZ, HND, STX, Himsen, Doosan, YanmarcoreChannel Partner/ Reseller/ DistributorPartnerships for 4-stroke diesel engine parts supply from licensee manufacturers.

Scale indicators5 records

Recent moves11 records

Expansion highlights6 records

Broad incumbents

• Wärtsilä Services: Major marine engine OEM with global lifecycle services, spare parts, and retrofit business. Direct overlap with Dragon Marine's engine services, propulsion services, and spare parts for Wärtsilä engines, though Wärtsilä owns the IP and global service network.
• ABB Marine & Ports: Global provider of marine propulsion, automation, and digital solutions for the shipping industry. Overlaps with Dragon Marine's electrical and automation services and propulsion services segments, though operates at a much larger installed base scale.
• Kongsberg Maritime: Major supplier of marine propulsion, automation, and vessel systems with global service network. Overlaps with Dragon Marine's propulsion services and electrical/automation service lines at a broader portfolio scale.
• Alfa Laval Marine: Global supplier of marine equipment including ballast water treatment systems, separators, heat exchangers, and boiler systems. Overlaps with Dragon Marine's BWT/EGCS installation capability and auxiliary machinery spares business.
• Wilhelmsen Maritime Services: One of the largest global ship supply and maritime service companies, serving shipowners and shipyards worldwide with marine products, technical services, and agency networks. Overlaps with Dragon Marine in spare parts supply, agency services, and shipyard support, though at vastly larger scale and product breadth.
• MAN Energy Solutions (PrimeServ): OEM service arm providing spare parts, engine maintenance, and retrofits for MAN B&W engines worldwide. Overlaps with Dragon Marine's MAN engine spare parts supply and engine service capability, though MAN owns the underlying IP.
• Caterpillar Marine Power: OEM of marine diesel engines and propulsion systems with global service and spare parts network. Compares to Dragon Marine's diesel engine spare parts supply and engine services for 4-stroke marine engines.

Direct peers

• Goltens Worldwide Corporation: Global marine engine services, in-situ machining, and propulsion repair specialist operating across Asia, Middle East, and Europe. Highly comparable service portfolio to Dragon Marine's propulsion overhauls, engine services, and voyage afloat repair offerings.
• Hydrex Group: Specialized ship repair and underwater maintenance company with offices worldwide, focused on propulsion, hull repairs, and afloat repairs. Directly comparable to Dragon Marine's voyage afloat repair and propulsion overhaul services.

Others

• COSCO Shipping Heavy Industry: Large state-owned Chinese shipbuilding and marine services group that supplies shipowners and shipyards across Asia. Listed as a logo partner of Dragon Marine Group, indicating a customer/shipyard relationship rather than direct competition; adjacent ecosystem participant with overlapping service scope in ship repair and marine supply.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/dragonmarinegroup
• LinkedInlinkedin.com/company/dragon-marine-service-co-ltd

Compliance2 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 Dragon Marine Service