Vikal International

What Vikal International does

Vikal International Pty Ltd is a privately held, family-owned Australian marine manufacturer founded in 1982 (with the founder operating as a sole trader since 1976) and headquartered in Bibra Lake, Western Australia. The company designs and builds fully bespoke, one-off luxury tenders for the superyacht market, with each vessel custom-engineered to the owner's requirements and the mother-yacht's specifications. Vikal has delivered more than 60 customized tenders over 25+ years, predominantly to motor yachts exceeding 75 meters in length built by leading yards such as Feadship, Lurssen, Oceanco, Amels, Blohm+Voss, Benetti and Abeking & Rasmussen.

The company's core technology is fiberglass and carbon-fibre composite construction with in-house manufacturing, including a 4x4 meter 5-axis CNC machine for mould making. Product categories span Open tenders (8-12m), Limousine tenders (7.5-12m), Limousine Hybrid tenders with advanced propulsion and amenity systems, and Specialized vessels including dive tenders (up to 18.8m), cargo catamarans, and convertible-roof craft. Vikal has pioneered multiple first-of-kind marine features such as hydraulic docking leg systems, triple-panel PLC-controlled carbon-fibre folding hardtops, automated dive ladders, and lifting roof systems. The company employs 60+ skilled individuals covering shipwrighting, mechatronics and marine engineering, and works in long-standing co-development partnerships with leading superyacht designers including Sam Sorgiovanni, Martin Francis, Tim Heywood, RWD, Patrick Banfield and (historically) Jon Bannenberg.

Vikal's business model is project-based bespoke manufacturing sold directly to UHNW superyacht owners, with leads generated primarily through designer referrals and direct owner engagement. Pricing is undisclosed and determined per project, with build durations typically exceeding 12 months. The company has no public listing, no disclosed outside investors, and operates as a family-controlled enterprise with founder Gunnar Vikingur serving as Managing Director and his son Lynden Vikingur as Director since 2013.

Name

Vikal International

Legal name

Vikal International Pty Ltd

Website

https://vikal.com.au

Company type

Private

Founded year

1982

Operating status

Operating

Headcount range

11–50 employees

Short description

Vikal International is a family-owned Western Australian bespoke manufacturer of one-off luxury superyacht tenders (7.5m to 19m) built to order for UHNW owners of motor yachts exceeding 75 meters, with more than 60 custom deliveries over 25+ years.

Ownership category

akta.pro rank

Product category

Luxury Superyacht Tender Manufacturing

NAICS

Boat Building (336612)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Luxury Yacht Tenders & Support Craft Manufacturing (IMAJAMAK)

akta.pro secondary industries

Luxury Yacht Prototype, One-Off & Concept Build Programs (IMAJAMAL), Luxury Yacht Hull & Superstructure Fabrication (Composite/Aluminum/Steel) (IMAJAMAG)

Keywords

• Custom superyacht tenders
• Luxury boat manufacturing
• Marine composite construction
• Bespoke yacht support vessels
• Fibreglass tender fabrication

Headquarters

HQ city

Perth

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Custom Superyacht Tenders: Vikal designs and builds bespoke superyacht tenders on a project-by-project basis. Each tender is a unique, one-off build tailored to specific client requirements and yacht specifications. Projects typically take over a year to complete.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Vikal International designs and manufactures fully bespoke, one-off superyacht tenders in Western Australia for owners of motor yachts over 75 metres. Each vessel is uniquely engineered in fibreglass and carbon fibre composite construction with proprietary features such as hydraulic docking legs, folding hardtops, automated dive ladders, and lifting roof systems. The range spans four product families — Specialized, Open, Limousine, and Limousine Hybrid — plus refurbished pre-owned tenders, with vessels from 7.5m to 19m operating at 25–53 knots.

Product overview

Vikal International is an Australian manufacturer of bespoke superyacht tenders based in Western Australia. The company operates as a single-product marine manufacturer producing full-custom luxury tenders across four distinct product categories: Specialized tenders (including dive, convertible, catamaran and cargo vessels), Open tenders (sports and runabout designs), Limousine tenders (enclosed cabin passenger vessels), and Limousine Hybrid tenders (advanced hybrid-powered limousines). The portfolio includes vessels ranging from 7.5m to 19m in length, with speeds from 25 to 53 knots. Vikal's product line also extends to pre-owned refurbished tenders. The company employs over 60 skilled individuals and has delivered more than 60 customized tenders over 25 years, serving superyachts over 75 meters.

Differentiator

Problem solved

Functional benefit

Products and services

• Topaz Convertible 11.25m

Quantifiable outcome

• Delivered 60+ custom tenders over 25 years to superyachts over 75m
• +1 more outcomes

Named customers13 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered core and major.

• Sam Sorgiovanni DesignscoreStrategic or Co-development PartnerRenowned Australian designer (Fremantle) who has created iconic designs for numerous Vikal tenders including Boadicea, Rasselas, Ambrosia, Nirvana, Katara, Barbara, Octopus Dive, and Cakewalk. Multiple repeat collaborations spanning decades.
• Martin FranciscoreStrategic or Co-development PartnerUK-based designer with 35+ years experience designing superyachts including Senses, Enigma/Katana/Eco and technical expert for Yacht A. Collaborated with Vikal on Golden Odyssey tenders featuring sharp lines and bold fenders.
• Tim HeywoodcoreStrategic or Co-development PartnerBritish designer responsible for multiple Vikal tenders including Pelorus and Radiant Limousine. Known for distinctive superyacht designs in the industry.
• RWD (Redman Whiteley Dixon)coreStrategic or Co-development PartnerUK-based design studio that collaborated with Vikal on the Hasna 73m Feadship project - both 8m Open and 9m Limousine tenders delivered in 2017.
• Jon BannenbergcoreStrategic or Co-development PartnerLate legendary yacht designer who recommended Vikal for the Coral Island 75+ meter project in 1990. His designs (two 7.5m tenders) made a great impact on the European market and established Vikal's reputation.
• Patrick BanfieldmajorStrategic or Co-development PartnerDesigned the Topaz 12m Limousine - the largest volume limousine installed to a motor yacht. Collaboration with interior designer Terry Disdale for this project.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Others

• Dykstra Naval Architects: Dutch superyacht design and engineering house that occasionally collaborates with tender builders. Adjacent to Vikal through the shared designer-builder ecosystem and frequent co-involvement on the same projects.

Direct peers

• Lloyd Stevenson Boatbuilders: New Zealand-based boutique builder of bespoke superyacht tenders and launches. Comparable to Vikal in scale, bespoke approach, and focus on premium custom builds for superyacht owners.
• Cockwells Modern and Classic Boatbuilding: British bespoke boatbuilder producing luxury superyacht tenders and limousines with a high degree of customization. Operates in the same niche as Vikal with similar clientele and one-off build model.
• Pascoe International: US-based specialist in fully bespoke superyacht tenders and limousines, often cited alongside Vikal as the leading custom tender builder for the largest yachts. Direct competitor in the same ultra-luxury >75m tender niche.
• Tenderworks: UK-based bespoke superyacht tender manufacturer serving owners of large motor yachts with custom-built limousine and open tenders. Closely comparable to Vikal in customer profile, build philosophy, and vessel category.

Emerging players

• Hodor: Dutch builder of high-end folding/retractable superyacht tenders using innovative hydraulic platforms. Comparable to Vikal in superyacht tender segment with technology-forward positioning, though with a narrower product line.
• Iguana Yachts: French manufacturer of amphibious superyacht tenders with bespoke capabilities. Comparable to Vikal in serving the superyacht tender market, though differentiated by amphibious drive technology.

Broad incumbents

• Fassmer: German shipyard producing bespoke superyacht tenders among a broader portfolio of specialized vessels. Comparable to Vikal in delivering to large superyacht builders, with a much wider product range spanning commercial and naval.
• Williams Performance Tenders: Market-leading jet tender brand for both production and semi-custom yacht tenders. While more mass-market than Vikal's fully bespoke builds, Williams is a major reference point in the superyacht tender space and the dominant serial-production competitor.
• Castoldi Jet Tender: Italian jet-RIB specialist producing both custom and semi-custom tenders for superyachts. Comparable to Vikal in the luxury tender segment, with broader production volumes and longer market history.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/vikal.international

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 Vikal International