Multi Maritime
Multi Maritime is a Norwegian ship design firm founded in 1983 that provides concept-to-detail design and engineering services for innovative, energy-efficient vessels — primarily zero and low-emission car and passenger ferries — to Norwegian and Scandinavian ferry operators, public transport authorities, and selected international shipping clients.
- Company typePrivate
- Founded1983
- HeadquartersOslo, Norway
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Multi Maritime does
Multi Maritime AS is a Norwegian private ship design firm founded in 1983 in Førde, Norway, specializing in innovative, tailor-made vessel designs with a core focus on energy efficiency and environmental sustainability. The company generates revenue through project-based design and engineering contracts for new builds and retrofits, delivering services ranging from concept design through to class documentation and production drawings. Its portfolio spans over 100 newbuilding projects and 60+ car and passenger ferries, with a notable concentration of proprietary designs in battery-electric (MM FE EL series), plug-in hybrid, LNG-powered (MM125FD LNG), and emerging ammonia propulsion vessels. Customers are predominantly Norwegian public transport ferry operators (Fjord1, Boreal, Torghatten, Ruter Oslo, Bastø Fosen), with selected international engagements in Sweden, Denmark, Turkey, and Brazil. Ships are constructed through partner shipyards including Tersan (Turkey), Vard Brevik (Norway), Sefine (Turkey), and Työvene (Finland), with the firm functioning as the design authority rather than a constructor.
The company is wholly owned by Fiskerstrand Holding AS (since 2010), which also owns Fiskerstrand Verft shipyard, creating captive demand and execution synergies. In November 2019, Multi Maritime acquired Polarny Maritime D&E AS in Florø, adding 11 employees and broadening capabilities in specialized tankers, fish farming vessels, and process industry design. The combined organization operates from Førde (headquarters), Bergen, and Florø with approximately 40-50 employees. Strategic positioning centers on Norwegian and Scandinavian green ferry technology, evidenced by first-mover regulatory approvals (DNV, Norwegian Maritime Directorate) for novel propulsion systems and public funding support from Enova and NOx-fondet for zero-emission projects. Pricing is project-specific, with all major contracts awarded through competitive tendering; revenue model is one-time/project-based for new builds plus professional services for retrofit and consultancy work.
Multi Maritime firmographics
Firmographics- Name
- Multi Maritime
- Legal name
- Multi Maritime AS
- Website
- https://multi-maritime.no
- Company type
- Private
- Founded year
- 1983
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Multi Maritime is a Norwegian ship design firm founded in 1983 that provides concept-to-detail design and engineering services for innovative, energy-efficient vessels — primarily zero and low-emission car and passenger ferries — to Norwegian and Scandinavian ferry operators, public transport authorities, and selected international shipping clients.
- Ownership category
- akta.pro rank
Multi Maritime industry classification
Industry- Product category
- Naval Architecture and Ship Design Services
- NAICS
- Ship Building and Repairing (336611)
- SIC
- Ship & Boat Building & Repairing (3730)
- akta.pro primary industry
- Project Management & Owner’s Engineering / Technical Consultancy (Spec Writing, Bid Support, Site Support) (IMAJAGAO)
Keywords
Where Multi Maritime is headquartered
LocationHeadquarters
- HQ city
- Oslo
- HQ country
- Norway
- HQ region
- Europe
Offices3 records
Markets served
Multi Maritime business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel
Revenue model
- Ship Design Contracts: Multi Maritime generates revenue by providing comprehensive design and engineering services for new vessel construction. Deliverables include concept design, detail design, production drawings, and class documentation. Revenue is project-based, one-time per vessel, with contracts awarded through competitive tendering.
- Retrofit and Conversion Engineering: The company provides engineering services for converting existing vessels to hybrid or electric propulsion. This includes concept development, technical support, and detail engineering packages for retrofitting battery systems and charging infrastructure.
- Consultancy Services: Multi Maritime offers professional and confidential consultancy services to ship owners and shipyards domestically and internationally, including vessel inspection, approval services, and technical advisory.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Project-based pricing for ship design contracts |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
Multi Maritime product offering
Product offeringCore offering
Multi Maritime provides comprehensive ship design, engineering and consultancy services for innovative, tailor-made vessels covering the full newbuilding process from concept design through detail design to class and production drawings. The company specializes in zero- and low-emission propulsion systems, including battery-electric, plug-in hybrid, LNG and ammonia-powered designs, with a portfolio of more than 60 car and passenger ferry designs and additional offerings in offshore service vessels, chemical tankers, aquaculture vessels, and cargo ships.
Product overview
Multi Maritime is a Norwegian ship design company offering comprehensive design, engineering and consultancy services for innovative, tailor-made vessels. Their product portfolio centers on MM Design Services covering the full lifecycle from concept to detail design. Key product categories include car and passenger ferries (their dominant offering with 60+ designs), offshore service vessels (MM MSV series), aquaculture vessels, chemical tankers, cargo ships, and specialized vessels like orange juice tankers. The company is recognized as a leader in zero and low emission ferry technology, with electric (FE EL), plug-in hybrid, and LNG-powered designs. Named design series include the MM 35-130 PC/FE EL ferry range and MM 85-95 MSV offshore vessels. Services extend to conversion design (diesel to hybrid/electric) and quay integration consulting.
Differentiator
Problem solved
Functional benefit
Products and services
- MM Design Services Comprehensive ship design, engineering and consultancy services covering the entire newbuilding process from concept to detail design, including class documentation and production drawings. Offered to ferry operators, shipping companies, and public transport authorities internationally.
- Car and Passenger Ferry Designs Double-ended and single-ended car and passenger ferry designs covering electric, LNG, plug-in hybrid and conventional propulsion options. Portfolio includes over 60 designs serving Norwegian ferry operators including Fjord1, Boreal, Torghatten, and Bastø Fosen.
- Aquaculture Vessel Designs Specialized vessel designs for fish farming operations, including fish feed carriers with approximately 5000m3 cargo capacity and service vessels for the aquaculture industry. Customers include Egil Ulvan Rederi and Ewos.
- Offshore Service Vessel Designs Multi-purpose offshore vessels (MM MSV series) for ROV operations, survey, diving, subsea crane operations and offshore wind support. Includes DP2 systems and accommodation for up to 90 persons, with AHC cranes up to 100t and 750m2 open deck area.
- Chemical Tanker Designs Vessel designs for chemical transport, including specialized tank arrangements and cargo handling systems, drawing on the Polarny Maritime D&E expertise acquired in 2019.
- Cargo Ship Designs General cargo vessel designs including container ships, bulk carriers and the Norbjørn ammonia-powered cargo vessel design for zero-emission long-distance transport between Tromsø and Svalbard.
- Orange Juice Tanker Designs Specialized tanker vessels for orange juice and citrus product transport, including conversion of container ships to juice carriers. Includes the Hermes Arrow project for Citrosuco, the world's largest orange juice producer.
- Passenger Vessel Designs
Quantifiable outcome
- 70% reduction in gross energy consumption for plug-in hybrid ferries (FosenNamsos routes)
- +6 more outcomes
Companies that use Multi Maritime
Customer profileNamed customers12 records
Segments3 records
Ideal customer profiles3 records
Multi Maritime technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
Multi Maritime partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and major.
- Hauschildt MarinecoreMulti Maritime formed a Norwegian-Danish ferry consortium with Hauschildt Marine (based in Copenhagen and Skagen) to develop a new ferry for Læsø municipality. The partnership combines Multi Maritime's ferry design expertise with Hauschildt Marine's local knowledge and technical competence for the Danish market. The consortium aims to secure more contracts in the neighboring country.
- Polarny Maritime D&E AScoreMulti Maritime acquired all shares in Polarny Maritime D&E in Florø, Norway. Polarny had 11 highly competent employees with expertise in specialized tankers, car/passenger ferries, fish farming industry, and land-based process industry. The acquisition increased design capacity and expanded Multi Maritime's competence and international market opportunities.
- Tersan ShipyardmajorTurkish shipyard contracted to build multiple Multi Maritime designed ferries including MM82FE EL, MM111FE EL, and MM70FE EL designs for Norwegian ferry operators. Tersan has built vessels including MF Gloppefjord and MF Eidsfjord (Norway's first fully battery electric ferry route).
- Vard BrevikmajorNorwegian shipyard building Multi Maritime designed vessels including MM70FE EL ferry for Boreal Sjø (new building 903) and LNG-powered ferries for Torghatten Nord.
- Sefine ShipyardmajorTurkish shipyard building multiple Multi Maritime designed ferries including three MM82FE EL ferries for Fjord1 (new buildings 33, 34 & 35).
- Työvene OymajorFinnish shipyard contracted by Torghatten AB for building two fully electric passenger vessels (MM35PC design) for Sweden's west coast route between Strömstad and Koster Islands.
- DNVcoreDNV provided preliminary approval for the ammonia propulsion system design of the Norbjørn vessel. DNV classification society involvement ensures regulatory compliance and safety certification for alternative fuel vessel designs.
Scale indicators12 records
Recent moves7 records
Expansion highlights6 records
Multi Maritime competitors and assessment
Company assessmentPeers
Broad incumbents
- ABB Marine & Ports: Global provider of marine propulsion, automation, and electrical systems with growing involvement in zero-emission vessel design partnerships. Comparable as a marine technology participant in the green shipping transition, though primarily equipment-focused rather than a standalone design house like Multi Maritime.
- Wärtsilä Marine: Global marine technology leader offering ship power, propulsion, and decarbonization solutions including vessel design services. Comparable as a maritime engineering provider in Norway/Nordics, but at significantly larger scale and with integrated equipment offerings rather than pure design services.
- Kongsberg Maritime: Major marine technology supplier offering integrated ship design, automation, propulsion, and digital solutions. Comparable to Multi Maritime as a marine engineering and design player in Norway, but as a much larger incumbent serving the global maritime industry with integrated product portfolios.
- Vard (Fincantieri): Large Norwegian-Italian shipyard group with significant in-house design capabilities, including design for offshore vessels, ferries, and specialized ships. Comparable as a Norwegian ship design provider, but with much larger scale, shipyard integration, and broader portfolio including the vessels Multi Maritime only designs.
Direct peers
- BMT Group: International maritime design and engineering consultancy providing naval architecture, vessel design, and marine advisory services. Comparable to Multi Maritime as a maritime engineering services firm operating in vessel design and consultancy, though with significantly broader geographic and segment reach.
- Ulstein Design & Solutions: Norwegian ship design firm specializing in offshore vessels, expedition cruise ships, and innovative vessel concepts. Directly comparable to Multi Maritime as a Norwegian-based independent ship design house serving commercial vessel markets, including the offshore segment where Multi Maritime's MM MSV series competes.
- Havyard Design & Solutions: Norwegian ship design company producing vessel designs for offshore wind, fishing, and passenger segments. Comparable to Multi Maritime as a Norwegian design house specializing in specialized commercial vessels with sustainability/energy efficiency focus.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Multi Maritime social profiles
Digital presenceMulti Maritime compliance and trust
Trust signalCompliance2 records
Multi Maritime financial estimates
Financial estimateRevenue estimate
Valuation estimate
Multi Maritime leadership team
Management profileNumber of profiles
Profiles6 records
Multi Maritime subsidiaries and ownership
Company hierarchySubsidiaries1 record
Multi Maritime funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Multi Maritime M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Multi Maritime
What does Multi Maritime do?
Multi Maritime provides comprehensive ship design, engineering and consultancy services for innovative, tailor-made vessels covering the full newbuilding process from concept design through detail design to class and production drawings. The company specializes in zero- and low-emission propulsion systems, including battery-electric, plug-in hybrid, LNG and ammonia-powered designs, with a portfolio of more than 60 car and passenger ferry designs and additional offerings in offshore service vessels, chemical tankers, aquaculture vessels, and cargo ships.
Is Multi Maritime a public or private company?
Multi Maritime is a private company. It is classified as corporate owned and is currently operating.
When was Multi Maritime founded?
Multi Maritime was founded in 1983. It employs 11 to 50 people.
Where is Multi Maritime based?
Multi Maritime is headquartered in Oslo, Norway, in the Europe region.
How does Multi Maritime make money?
Three revenue lines are on record. Ship Design Contracts are the primary driver. The others are retrofit and Conversion Engineering and consultancy Services.
Who are Multi Maritime's main competitors?
Corvus Energy is listed as a peer. Broad incumbents are ABB Marine & Ports, Wärtsilä Marine, Kongsberg Maritime and Vard (Fincantieri). Direct peers are BMT Group, Ulstein Design & Solutions and Havyard Design & Solutions.
Does Multi Maritime have an API?
No public API is recorded for Multi Maritime.
What industry is Multi Maritime in?
Multi Maritime's product category is Naval Architecture and Ship Design Services. Its primary akta.pro industry code is IMAJAGAO, Project Management & Owner’s Engineering / Technical Consultancy (Spec Writing, Bid Support, Site Support). Its NAICS code is 336611 and its SIC code is 3730.