Estaleiro Navship

What Estaleiro Navship does

Estaleiro Navship LTDA (trading as NAVSHIP) is a Brazilian private shipyard headquartered in Navegantes, Santa Catarina, founded in 2005 and operating as part of the Edison Chouest Offshore group. The yard provides naval construction and repair services, with a focus on vessels serving the offshore oil and gas sector and specifically the deepwater subsea inspection, maintenance, and repair market. Its technical capabilities center on Dynamic Positioning 2 (DP2) class ROV support vessels equipped with hybrid fuel propulsion systems.

The commercial model is enterprise B2B, with the company engaging directly with offshore energy operators and their maritime service providers under negotiated, project-based contracts. The single most material customer relationship is a near-$2 billion contract awarded in 2026 by Norway's DOF Group to build four ROV support vessels, with the first two due within four years and all four operating under a 12-year charter and service arrangement for Petrobras from 2030. Beyond newbuild, the yard generates ongoing revenue from repair and maintenance work for vessels operating in the offshore energy sector.

Operationally, the company runs from one main shipyard facility in Navegantes and works within the corporate governance framework of the Edison Chouest Offshore group, including a shared ethics hotline and group-wide data protection officer. The company is LGPD-compliant and has published gender pay transparency reports under Brazilian Law No. 14.611, and markets itself primarily through a corporate website and job recruitment channels rather than outbound marketing. There is no public listing, no disclosed funding rounds, and no AI/ML capability claims.

Name

Estaleiro Navship

Legal name

Estaleiro Navship LTDA

Website

https://navship.com.br

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Estaleiro Navship is a Brazilian shipyard in Navegantes, Santa Catarina, part of the Edison Chouest Offshore group, that builds and repairs offshore vessels—principally DP2 ROV support vessels with hybrid propulsion—for deepwater oil and gas operators including Petrobras and DOF Group.

Ownership category

akta.pro rank

Product category

Shipbuilding & Repair Services

NAICS

Ship Building and Repairing (336611), Ship and Boat Building (3366)

SIC

Ship & Boat Building & Repairing (3730), Oil & Gas Field Machinery & Equipment (3533)

akta.pro primary industry

Subsea Construction & IMR Vessel Newbuilds (CSV, DSV, ROV Support) (IMAJACAD)

akta.pro secondary industries

Offshore Marine & Aviation Support (PSVs, AHTS, Crew Boats, Helicopters) (EUALABAJ), Pipe-lay & Heavy-lift Offshore Vessel Construction (IMAJACAE)

Keywords

• Shipbuilding services
• Offshore vessel construction
• Naval repair services
• ROV support vessels
• Deepwater maritime services

Headquarters

HQ city

Navegantes

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Vessel Construction Contracts: Shipbuilding services for offshore vessels including ROV support vessels under long-term charter arrangements. Revenue generated through project-based construction contracts with major oil & gas sector clients, with contracts valued at approximately $2 billion for the DOF/Petrobras order of four vessels.
2. Ship Repair Services: Repair and maintenance services for vessels operating in the offshore energy sector, providing ongoing revenue opportunities from existing vessel operators.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Estaleiro Navship is a Brazilian shipyard that constructs and repairs vessels for the offshore oil and gas industry. The company specializes in building DP2-class ROV support vessels with hybrid fuel propulsion for deepwater subsea inspection, maintenance and repair operations, and provides ongoing naval repair services for maritime vessels operating in the offshore energy sector.

Product overview

Estaleiro Navship LTDA is a Brazilian shipyard offering a unified portfolio of naval construction and repair services. The company specializes in building new vessels (including ROV support vessels with hybrid propulsion) and providing repair services for the maritime industry. The focus is on quality, technical excellence, and sustainable development, with an emphasis on local workforce utilization.

Differentiator

Problem solved

Functional benefit

Products and services

• Naval Construction Services

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered core.

• DOF GroupcoreStrategic or Co-development Partner · 6 May 2026Norwegian DOF Group contracted Estaleiro Navship to build four ROV support vessels valued at approximately $2 billion. The vessels will operate under 12-year charter and service contracts starting in 2030, supporting Petrobras deepwater operations off Brazil. This represents a flagship strategic partnership for the shipyard.
• PetrobrascoreStrategic or Co-development PartnerBrazilian oil and gas giant Petrobras is the end-client for the four ROV support vessels being built at Estaleiro Navship. The vessels will support subsea inspection, maintenance and repair activities in deepwater operations, operating under 12-year service contracts.
• Edison Chouest OffshorecoreStrategic or Co-development PartnerEstaleiro Navship operates as part of the Edison Chouest Offshore group. The company references the group's ethics hotline (Canal de Denúncias) and DPO contact uses the group's email domain (chouest.com), indicating integrated corporate governance and operational support.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Remontowa Shipbuilding: Polish shipyard building specialized offshore vessels including platform supply, anchor handling, and subsea support ships — comparable as a mid-sized specialized offshore vessel builder serving European and international OSV operators.
• Estaleiro Atlântico Sul: Brazilian shipyard located in Ipojuca/Suape, building offshore vessels, drilling rigs, and FPSOs for Petrobras — directly comparable as a domestic Brazilian OSV/offshore builder competing for the same Petrobras tenders and benefiting from the same local content rules.
• Vard (Fincantieri): Norwegian offshore and specialized vessel builder (part of Fincantieri) constructing OSVs, ROV support, and subsea vessels — directly comparable in product category, customer profile (IOCs and OSV operators), and DP/specialized vessel technology.
• Ulstein Verft: Norwegian shipyard specializing in offshore vessels including platform supply, anchor handling, and advanced service vessels with proprietary design (ULSTEIN CX103, etc.) — directly comparable as a builder of specialized offshore support vessels for the same IOC/OSV-operator customer base.

Regional players

• Wilson Sons: Brazilian integrated port and offshore support services provider with vessel operations and shipyard activity — comparable as a Brazilian regional peer offering offshore vessel services (though more on the operations/towage side than newbuild).
• Fels Setzer Saveiro (Fels Setzer) / SETA Brasil: Brazilian shipbuilding group with offshore vessel construction and repair capabilities serving the Brazilian offshore market — comparable as a regional Brazilian shipyard peer competing for similar Petrobras and Brazilian-flagged vessel work.

Broad incumbents

• Aker Solutions: Norwegian offshore engineering and construction company with shipbuilding/subsea capability, serving the same IOC/OSV-operator customers for subsea IMR and offshore production infrastructure — broader services portfolio but overlapping end-customer and capability set.
• Damen Shipyards: Large global shipbuilding group with a deep offshore/OSV portfolio (Damen Offshore Series), serving similar oil & gas and offshore wind customers. Broader portfolio than Navship, but direct overlap in OSV newbuilds and repair services.
• Hyundai Heavy Industries: One of the world's largest shipbuilders with significant offshore and specialty vessel capacity (including drillships and OSVs) — comparable as a global incumbent capable of bidding for the same large offshore tenders.
• Sembcorp Marine: Singapore-based major offshore and marine shipbuilder (now Seatrium) building offshore platforms, drilling rigs, and specialized vessels — comparable as a large-scale offshore construction peer serving global IOC demand.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 Estaleiro Navship