Chris-Marine

What Chris-Marine does

Chris-Marine AB is a privately held Swedish company, headquartered in Malmö, that designs, manufactures, and services specialized maintenance equipment, monitoring systems, and consumables for 2-stroke and 4-stroke marine diesel and gas engines, as well as stationary power-plant engines. Its product portfolio spans in-situ crankshaft grinding and machining tools (including the newly launched PSL Portable Surface Lathe), ultrasonic cleaning systems, fuel valve test rigs, hydraulic power packs (HPU/MPU), pressure and shaft-power indicators under the LEMAG brand, and a recurring-revenue SaaS platform called Trust-Ocean that delivers performance monitoring and regulatory compliance reporting. The company also runs global aftersales service and training operations, generating four broad revenue streams: hardware equipment sales, professional services and training, Trust-Ocean SaaS subscriptions, and aftermarket consumables.

The company holds long-standing Make Status approvals from the four dominant 2-stroke marine engine OEMs — MAN Energy Solutions (Everllence), Wärtsilä, Caterpillar MAK, and Rolls-Royce Bergen — which permit its tooling and procedures to be used on their installed engine bases without voiding warranties. Trust-Ocean is hosted on Microsoft Azure and integrates with third-party instrumentation ecosystems including Endress+Hauser and DNV's Veracity platform, targeting compliance workflows under EEXI, EU MRV, IMO DCS, CII, EU ETS, and FuelEU Maritime.

Chris-Marine monetizes through capital equipment sales with associated installation, commissioning, and crew training; ongoing service contracts and drydock support; subscription fees on Trust-Ocean; and recurring aftermarket parts and consumables. It serves shipowners, ship managers, and power-plant operators globally, with named customers including Maersk Line, Orion Reederei, Hammonia Reederei, Knutsen OAS, d'Amico, STELCO, HHI, and Maestro Ship Management. Go-to-market is executed through 8 owned sales offices and an international agent network, providing on-site service coverage across major shipping hubs.

Name

Chris-Marine

Legal name

Chris-Marine AB

Website

https://chris-marine.com

Company type

Private

Founded year

1964

Operating status

Operating

Headcount range

101–250 employees

Short description

Chris-Marine AB designs and manufactures specialized maintenance equipment, monitoring systems, and the Trust-Ocean SaaS platform for marine and power-plant operators of 2-stroke and 4-stroke diesel and gas engines, serving shipowners globally through 8 sales offices.

Ownership category

akta.pro rank

Product category

Marine Engine Maintenance Equipment

NAICS

Other Engine Equipment Manufacturing (333618), Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511), Ship Building and Repairing (336611)

SIC

Ship & Boat Building & Repairing (3730), Special Industry Machinery (No Metalworking Machinery) (3550), Instruments For Meas & Testing Of Electricity & Elec Signals (3825)

akta.pro primary industry

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

akta.pro secondary industries

Propulsion Integration, Commissioning & Testing (Factory/sea trials, alignment) (IMAJAHAM), Propulsion Control, Monitoring & Automation (ECS, PMS interface) (IMAJAHAH)

Keywords

• Marine engine maintenance
• Diesel engine servicing
• Engine condition monitoring
• Fuel injector testing
• Cylinder grinding machining

Headquarters

HQ city

Malmö

HQ country

Sweden

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Hardware Equipment Sales: Sale of physical products including engine maintenance machines, monitoring equipment, grinding/machining tools, cleaning systems, and hydraulic power units. Products are sold directly to shipowners, power plants, and workshops with pricing based on configuration and customization.
2. Professional Services & Training: Technical support, on-site engine services, training & certification programs, installation services, and product rental. Service solutions include super-users training, remote support, and maintenance services.
3. Trust-Ocean SaaS Subscription: Cloud-based performance monitoring platform offered as subscription service per vessel. Includes one-time installation/hardware fee plus recurring subscription for cloud services, updates, and support.
4. Aftermarket & Consumables: Replacement parts, repair kits, accessories, and consumables for maintenance of Chris-Marine equipment. Includes turning bits, honing liquid, hoses, couplings, and calibration services.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels9 records

Core offering

Chris-Marine designs, manufactures and sells engine maintenance equipment, tooling and software for two-stroke and four-stroke diesel and gas engines. Its offering spans cylinder pressure and performance analysis (LEMAG family), hydraulic pressure testing, fuel injector test rigs, ultrasonic cleaning, and on-board/in-workshop grinding and machining of cylinder heads, liners and sealing surfaces, complemented by the Trust-Ocean cloud platform for engine condition monitoring and compliance reporting. Customers include shipowners, power plant operators and engine service workshops worldwide.

Product overview

Chris-Marine is a maritime engine maintenance equipment company with over 60 years of experience designing solutions for 2-stroke and 4-stroke diesel and gas engines. The product portfolio is organized into six categories: (1) Performance Monitoring — including the Trust-Ocean SaaS platform (comprising Trust-Report, Trust-Compliance, Trust-Optimization, Trust-Performance modules) plus LEMAG SPEAT, LEMAG Shaftpower, LEMAG ECI, ShaPoLi, Coriolis flow meters, ultrasonic anemometer, and LEMAG peak pressure indicators; (2) Condition Monitoring — including DEC-TESTER, Cal Gauge, and LDM liner measurement tools; (3) Cleaning — including UCS 4600 ultrasonic cleaning system, SWM spray washing machines, and Ultra Rinse Intercooler chemicals; (4) Fuel System Maintenance — including VPUD fuel injector test rigs, fuel pump testers, and grinding machines; (5) Grinding & Machining — spanning cylinder heads (VGT, LBD, BSP30, VSL, VRL, etc.), cylinder liners (HON 2A, WGM, VKS, DGL), and sealing surfaces (PSL, TGM, CPM, PTL); and (6) Power Packs — including HPU and MPU hydraulic power unit series plus accessories (hoses, couplings, repair kits). The company serves marine, power plants, and workshops industries across global offices in Sweden (HQ), Denmark, Germany, Singapore, China, India, USA, and Ecuador.

Differentiator

Problem solved

Functional benefit

Brands

• Trust-Ocean: A one-stop-shop hardware and software solution for automatically collecting data from navigation equipment, machinery systems and sensors onboard vessels for performance and emissions monitoring.
• LEMAG
• OBEL-P

Products and services

• Trust-Ocean Cloud-based engine performance and condition monitoring platform (SaaS, Microsoft Azure) that ingests sensor data, provides analytics, compliance reporting (e.g., EEXI/CII) and fleet dashboards for marine and power plant operators.
• LEMAG SPEAT In-cylinder pressure measurement and analysis system for two-stroke and four-stroke diesel/gas engines, used by shipowners, power plant operators and service workshops for performance troubleshooting.
• LEMAG Shaftpower Shaft power measurement system used to assess actual transmitted power versus indicated power, supporting fuel efficiency and performance analysis on vessels.
• LEMAG ECI Cylinder condition monitoring instrument for large diesel/gas engines, providing automated evaluation of combustion and compression condition per cylinder.
• ShaPoLi Ship Power Limitation solution that helps vessel operators comply with IMO EEXI/EEDI regulations by electronically limiting main engine power.
• VPUD Fuel Injector Test Rig Series Workshop test rigs for verifying and calibrating fuel injectors for large diesel and gas engines, used by service workshops and power plant maintenance teams.
• Hydraulic Power Unit Series (HPU / MPU) Hydraulic power unit series for cylinder cover pressure testing and actuation of engine maintenance tooling on large diesel/gas engines.
• Ultrasonic Cleaning Equipment (UCS 4600, SWM, Ultra Rinse Intercooler) Ultrasonic cleaning machines (including spray washing machines and intercooler rinsing units) used to clean engine parts such as cylinder covers, pistons and intercoolers during overhaul.
• Cylinder Head / Liner / Sealing Surface Grinding & Machining Products Grinding and machining tooling for restoring cylinder heads, cylinder liners and sealing surfaces on large diesel/gas engines, available for both on-board and workshop use.
• PSL Portable Surface Lathe Portable surface lathe used for in-situ machining of engine sealing surfaces, reducing the need for component removal during overhaul.

Quantifiable outcome

• Nearly 2000 LEMAG Shaftpower systems installed on ships worldwide
• +3 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability3 records

Feature10 records

Partnerships

Eight partnerships are on record, tiered core and flagship.

• Veracity (DNV)coreTechnology or Integration · 1 October 2025Integration between Trust-Ocean and Veracity platform for environmental reporting and verification. The collaboration reduces manual data handling for crews by automatically submitting validated emissions data for regulatory verification.
• Endress+HausercoreTechnology or Integration · 1 October 2024Proline Promass E 100 and E 300 Coriolis mass flow meters are supplied by Endress+Hauser. These flow meters are optimized for fuel consumption measurement onboard ships and are prepared for connection to Trust-Ocean monitoring system.
• MAN Diesel & Turbo (now part of Winterthur Gas & Diesel)coreStrategic or Co-development PartnerChris-Marine developed VPUD fuel injector test rigs in cooperation with MAN Diesel. The company holds make status from Everllence (previously MAN Diesel). Products are approved and recommended by MAN for engine maintenance.
• WärtsiläcoreStrategic or Co-development PartnerProducts approved and recommended by Wärtsilä for fuel injector testing and engine maintenance. Chris-Marine developed scalable pump technology specifically for Wärtsilä 2-stroke fuel injectors.
• Caterpillar MAKcoreStrategic or Co-development PartnerProducts approved and recommended by Caterpillar MAK for engine maintenance applications.
• Rolls-Royce (Bergen)coreStrategic or Co-development PartnerProducts approved and recommended by Rolls-Royce for Bergen engine maintenance.
• Everllence (previously MAN Diesel)flagshipStrategic or Co-development PartnerChris-Marine holds make status from Everllence, recognizing the quality and reliability of VPUD fuel injector test rigs to meet standards set by leading engine manufacturers.
• Microsoft AzurecoreTechnology or IntegrationTrust-Ocean platform is built on Microsoft Azure Cloud, following highest industry standards for cybersecurity and data protection with encryption in transit and at rest.

Scale indicators7 records

Recent moves5 records

Expansion highlights6 records

Broad incumbents

• Hyundai Heavy Industries (Engine & Machinery):
• ABB Marine & Ports: ABB Marine & Ports provides propulsion, power, automation, and digital solutions (ABB Ability) for vessels. Comparable to Chris-Marine on the digital performance/condition-monitoring side, while also offering the broader marine electrical and propulsion portfolio that Chris-Marine does not.
• Alfa Laval: Alfa Laval is a broad marine equipment incumbent offering heat transfer, separation, fluid handling, and condition-monitoring products to the same shipping and power-plant customers as Chris-Marine. Comparable as a global marine MRO/specialty equipment supplier, though not focused exclusively on engine maintenance.

Direct peers

• Caterpillar Marine Power: Caterpillar Marine, including the MAK brand, manufactures marine propulsion engines and offers a global service network. Chris-Marine's VPUD rigs and LEMAG products are approved by Caterpillar MAK, and the two firms compete in engine maintenance equipment and services for the marine and power-plant markets.
• Wärtsilä Services: Wärtsilä is a major marine engine manufacturer whose services division performs lifecycle maintenance, performance monitoring, and fuel optimization. Directly comparable to Chris-Marine as both an OEM partner and a competing maintenance/monitoring service provider for 2-stroke and 4-stroke marine engines.
• MAN Energy Solutions (Everllence / PrimeServ): Everllence (formerly MAN Energy Solutions) is the world's largest marine engine designer whose PrimeServ network delivers aftermarket maintenance, retrofits, and digital services. Direct peer: Chris-Marine holds "make status" from Everllence and develops products specifically for MAN engines, while PrimeServ offers competing service and monitoring solutions.
• Rolls-Royce Power Systems (Bergen Engines): Rolls-Royce Power Systems (Bergen) builds medium-speed marine and offshore engines and provides lifecycle service support. Chris-Marine's products are approved/recommended by Rolls-Royce, making it both a partner and an adjacent provider of engine maintenance tooling and monitoring equipment.

Regional players

• IHI Power Systems: IHI (formerly Diesel United) manufactures and services marine and industrial engines, primarily serving Japanese shipowners and shipyards. Comparable in engine maintenance service capabilities, though focused on a different geographic base than Chris-Marine's globally distributed footprint.

Emerging players

• Kongsberg Maritime: Kongsberg Maritime offers vessel performance monitoring (Vessel Insight), automation, and decarbonization digital services that compete with Chris-Marine's Trust-Ocean platform. Both serve commercial shipowners seeking compliance and performance optimization, but Kongsberg operates at significantly larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/ChrisMarineAB
• Facebookfacebook.com/profile.php?id=61571828919083
• LinkedInlinkedin.com/company/chris-marine-ab

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 Chris-Marine