Latitude 1 Maritime

What Latitude 1 Maritime does

Latitude 1 Maritime is a private, project-based maritime services provider founded in 2008 in Southeast Asia and headquartered in Phuket, Thailand, with a secondary North American operations office in Fort Lauderdale, Florida, and a logistics hub in Singapore operated through partner Bok Seng Logistic. The company delivers shipboard maintenance, repair, refurbishment, installation, and emergency services to cruise vessels and yachts at major seaports worldwide, organized around five integrated service lines: Mechanical Services, Electrical Services, Network Services (fibre/copper cabling, CCTV/security), Yacht Service, and Energy Saving/HVAC. Its underlying capability stack spans mechanical fitting, steel fabrication, HVAC, plumbing, high- and low-voltage electrical, fibre/copper data networks, surveillance, and certified class welding — delivered through in-house cross-disciplinary project teams rather than through a software product.

Revenue is generated through quote-based, project-scope professional services engagements with enterprise maritime customers — primarily cruise line operators and, to a lesser extent, shipyards and general contractors. There is no disclosed pricing schedule; contract terms are project-specific and vary by scope, location, and client requirements. The company has gained industry qualification by being approved by Lloyd's Register to inspect, test, and certify Low Location Lighting (LLL) systems under SOLAS and IMO FSS Code, and a notable roster of named enterprise customers — Carnival Group, Royal Caribbean, Viking Ocean Cruises, Holland America, Windstar, Resorts World Cruises, and Seabourn Cruises — anchors demand. Operations are supported by Microsoft Dynamics NV ERP, implemented in 2019, for project planning, purchasing, inventory, and accounting. Latitude 1 Maritime employs 51–100 staff, holds no disclosed outside funding, and is reported as founder/owner-operated with no parent company or institutional investors identified in the source materials.

Name

Latitude 1 Maritime

Legal name

Latitude 1 Maritime Inc

Website

https://latitude1maritime.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

51–100 employees

Short description

Latitude 1 Maritime is a private Phuket-headquartered maritime services firm delivering project-based shipboard maintenance, repair, refurbishment, HVAC, electrical, network, and yacht services to major cruise operators at global seaports, with offices in Thailand, Florida, and Singapore.

Ownership category

akta.pro rank

Product category

Maritime Ship Services

NAICS

Ship Building and Repairing (336611), Support Activities for Water Transportation (4883)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Marine Outfitting & Interior Refurbishment (TLAKAKAL)

akta.pro secondary industries

Piping, HVAC & Auxiliary Systems Repair (TLAKAKAH), Marine Electrical Installation, Commissioning & Field Services (IMAJAJAL), Accommodation & Interior Outfit (Cabins, Galleys, Sanitary, Furniture) (IMAJAIAF)

Keywords

• Maritime ship services
• Cruise vessel maintenance
• Marine electrical services
• Offshore HVAC solutions
• Ship network installations

Headquarters

HQ city

Phuket

HQ country

Thailand

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Maritime Ship Services: Project-based professional services providing cost-efficient maintenance, repair, refurbishment, and emergency services for cruise vessels at major seaports worldwide. Services include mechanical fitting, steel fabrication, HVAC, plumbing, electrical, data/IT networks, and surveillance solutions.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Latitude 1 Maritime provides project-based professional maritime ship services to cruise line operators, shipyards, general contractors, and yacht owners at major seaports worldwide. Its portfolio covers mechanical fitting, steel fabrication, HVAC and plumbing, electrical systems, data/IT networks, surveillance, and security solutions, including cost-efficient maintenance, repair, refurbishment, and 24/7 emergency services delivered through offices in Thailand and the USA with logistics centres in Singapore.

Product overview

Latitude 1 Maritime provides comprehensive maritime industry solutions through a unified portfolio of five core service offerings: Mechanical Services, Electrical Services, Network Services, Yacht Service, and Energy Saving/HVAC. These services are designed to work together as an integrated shipboard solution, covering everything from mechanical fitting, steel fabrication, and HVAC to electrical systems, data/IT networks, surveillance, and security. The company delivers cost-efficient shipboard maintenance, repair, emergency services, and professional cruise vessel refurbishment, installations, and repairs.

Differentiator

Problem solved

Functional benefit

Products and services

• Mechanical Services
• Electrical Services
• Network Services
• Yacht Service
• Energy Saving / HVAC

Quantifiable outcome

• HVAC systems account for 25-30% of vessel total energy consumption - efficiency improvements deliver significant operational cost savings

Named customers7 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

Feature5 records

Partnerships

One partnership is on record.

• Bok Seng LogisticcoreStrategic or Co-development PartnerLogistics partner in Singapore providing warehousing and distribution services. Located at 5 Tuas Avenue 3, 639405 Singapore. This partnership enables Latitude 1 Maritime to maintain inventory and ship materials worldwide for maritime projects.

Scale indicators2 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Sevnor Group: Specialist provider of cruise ship refurbishment, interior outfitting, and shipboard maintenance services. Directly comparable to Latitude 1 in scope (interior/exterior refit, mechanical, electrical) and customer base (major cruise operators).
• Trident Maritime Systems: Marine interior outfitting and shipboard refurbishment provider serving cruise, commercial, and government vessels. Closely comparable to Latitude 1's Mechanical and interior fit-out offerings.
• MB92 Barcelona: Superyacht refit, repair, and maintenance yard focused on complex interior, mechanical, electrical, and paint refits. Comparable in craft scope and premium-customer focus to Latitude 1's yacht service line.

Broad incumbents

• Wärtsilä Marine: Marine technology and service provider offering lifecycle services, maintenance, and energy-efficiency solutions for cruise and commercial vessels. Comparable in marine HVAC, electrical, and ship-service lifecycle support.
• Damen Shiprepair & Conversion: Large global network of shipyards offering repair, conversion, and refit services. Comparable as a multi-yard incumbent competing for cruise and offshore refit and repair work.
• ABB Marine & Ports: Provider of marine electrical, propulsion, automation, and digital solutions for cruise and commercial ships. Comparable as a broad incumbent in marine electrical and energy-efficiency systems.
• Kongsberg Maritime: Supplier of marine electrical, automation, navigation, and integrated shipboard systems for cruise and commercial vessels. Comparable technology overlap with Latitude 1's electrical and network service lines.
• Sembcorp Marine: Integrated shipyard and offshore engineering group with ship repair, conversion, and offshore services. Comparable as a larger incumbent competing for marine MRO and refit contracts in Asian shipyards.
• Bernhard Schulte Shipmanagement: Global ship management group offering technical management, maintenance, and shipboard services for cruise, container, and offshore fleets. Comparable as a large-scale incumbent with overlapping technical-service capabilities.
• V.Ships: One of the world's largest ship management and technical service groups, providing maintenance, repair, and crew services across multiple vessel segments. Comparable as a broad incumbent competing for the same cruise and commercial MRO wallet.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Latitude1Maritime
• LinkedInlinkedin.com/company/latitude-1-maritime-inc

Compliance1 record

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 Latitude 1 Maritime