What Melita Marine Group does

Melita Marine Group is a privately-held, Malta-based marine services group founded in 1987 (per firmographics) / 1989 (per company history), operating across the Mediterranean from a headquarters in Zejtun, Malta. The company provides integrated superyacht services including shipyard facilities (Malta with lifting capacity up to 100m and a 5,000-tonne floating dock; Spain/Tarragona up to 50m with 15,000m2 of yard space), authorized MTU engine distribution across Malta, Greece, and Libya (via wholly-owned Melita Power Diesel, established 1998), full superyacht agency support (24/7 customs clearance, bunkering, logistics), Awlgrip yacht painting (via Melita Yacht Painters Ltd, established 1999), luxury yacht charters across Malta and Sicily, e-commerce and retail chandlery, yacht brokerage, marina operations at Mgarr (Gozo), commercial diving (MCD), and Valletta corporate/registration services.

The underlying technology is physical infrastructure and OEM authorization rather than software: a 5,000-tonne floating dock and 180m technical quay enable large-vessel refits, while proprietary status as the official MTU distributor and Awlgrip paint distributor across multiple territories provides privileged access to engines, parts, factory training, and certified application systems. Notable technical achievements include a W5.2 engine service on the 95m Oceanco MY Indian Empress completed in 7 weeks.

The business model is project-based professional services supplemented by hardware sales, recurring agency relationships, and transactional consumer revenue. Enterprise clients (superyacht owners, captains, and operators) anchor shipyard, engine, and agency work with quote-based multi-week project contracts; yacht charter prices range from €360/day (sailing yachts) to €12,500/day (luxury motor yachts); chandlery operates on unit pricing with free Malta delivery over €60; and brokerage runs on transaction fees. The company sells through direct field sales to enterprise clients, e-commerce for chandlery, and direct charter bookings. Group revenue is generated by wholly-owned subsidiaries Melita Power Diesel and Melita Yacht Painters Ltd, and jointly-controlled ptw Shipyard Tarragona, with the group employing over 100 direct skilled workers in Malta and additional subcontractors. Certifications include ISO 9001 and ISO 14001 (UKAS-accredited, Bureau Veritas). The group is led by Chairman and Managing Director Pierre Balzan, who has driven the company's growth since founding.

Name

Melita Marine Group

Legal name

Melita Marine Limited

Website

https://melitamarinegroup.net

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

51–100 employees

Short description

Melita Marine Group is a Malta-based private marine services group providing superyacht shipyard facilities (up to 100m vessels in Malta, 50m in Spain), authorized MTU engine distribution across Malta, Greece, and Libya, full agency support, yacht charters, chandlery, and brokerage across the Mediterranean, serving superyacht owners, captains, and charter clients.

Ownership category

akta.pro rank

Product category

Superyacht Marine Services

NAICS

Ship Building and Repairing (336611), Support Activities for Water Transportation (4883), Port and Harbor Operations (488310)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Dry Docking & Dockyard Operations (Graving/Floating Docks, Docking Services) (TLAHAMAA)

akta.pro secondary industry

Luxury Yacht Systems Integration & Commissioning (Shipyard) (IMAJAMAI)

Keywords

• Shipyard services
• Superyacht agency
• Marine engine distribution
• Yacht charter services
• Marine chandlery supplies

Headquarters

HQ city

Zejtun

HQ country

Malta

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Shipyard Services: Yard facilities for yachts up to 100m including dry-docking, refit, repair, painting, and maintenance services. Revenue from project-based marine engineering and construction works.
2. Engine Distribution & Service: Official MTU distributor for Malta, Greece, and Libya. Revenue from engine sales, repair services, overhauling and reconditioning through Melita Power Diesel subsidiary.
3. Yacht Charters: Luxury yacht charter services across Malta and Sicily with fleet of motor yachts, sailing yachts, catamarans and superyachts. Revenue from daily and weekly charter rates.
4. Chandlery Sales: Marine supplies e-commerce and retail store selling paints, batteries, fasteners, fenders, lubricants, tools and other nautical equipment. Revenue from product sales with delivery services.
5. Superyacht Agency Services: 24/7 shore support services for captains and vessel owners including customs clearance, duty-free supplies, bunkering and logistics coordination.
6. Yacht Brokerage: Brokerage services for yachts for sale in Malta, connecting buyers and sellers in the pre-owned yacht market.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels4 records

Core offering

Melita Marine Group operates shipyard facilities in Malta (vessels up to 100m via 5,000-tonne floating dock) and Spain/Tarragona (vessels up to 50m), offering dry-docking, refit, repair, painting, and engineering services for superyachts. Through subsidiaries, it is the official MTU engine distributor for Malta, Greece, and Libya, provides 24/7 superyacht agency services, operates a yacht charter fleet across Malta and Sicily, sells marine supplies via chandlery, and offers yacht brokerage, marina, and corporate registration services.

Product overview

Melita Marine Group is a comprehensive marine services company established in 1989, operating as a platform of interconnected services for the superyacht industry across the Mediterranean. The core offering centers on shipyard facilities in Malta (vessels up to 100m) and Spain/Tarragona (vessels up to 50m), providing yard services including dry-docking, reconstruction works, and professional painting (via Melita Yacht Painters, AWLGRIP distributors). Allied services include full superyacht agency support, MTU engine distribution and engine services (via Melita Power Diesel, established 1998), yacht charters across Malta and Sicily with a diverse fleet, chandlery supply services, commercial diving operations (MCD), Mgarr Marina in Gozo, yacht brokerage, and corporate services. The group employs over 100 persons and serves as exclusive MTU distributor for Malta, Greece, and Libya, and holds ISO 9001 and ISO 14001 certifications.

Differentiator

Problem solved

Functional benefit

Products and services

• Shipyard in Malta Full-service shipyard facility in Malta with capability of lifting vessels up to 100 meters using a 5,000-tonne floating dock in Grand Harbour, Valletta. Offers comprehensive yard services including dry-docking, reconstruction works, and refit services for superyachts.
• Shipyard in Spain (ptw Shipyard Tarragona) Shipyard facility in Tarragona, Spain with over 15,000m² yard area, 3,000m² of workshop and office space, 180m technical quay, and travel lift for yachts up to 50m. Located close to Barcelona and the Balearic island of Palma de Mallorca, serving the western Mediterranean superyacht market.
• Yard Services Comprehensive in-house yard services including painting, scaffolding, engineering, carpentry, upholstery, and professional project managers handling every aspect of yacht repair, maintenance, and refitting for vessels up to 100m.
• Superyacht Agency Services Full-service superyacht agency providing 24-hour shore support services for captains, vessel owners and guests, including customs clearance, duty-free supplies, bunkering, and coordination of all required services in Malta and Tarragona.
• MTU Engine Distribution Official distributor for MTU engines (Rolls-Royce Power Systems) covering Malta, Greece, and Libya. Melita Power Diesel provides engine repair services, overhauling, and reconditioning, including W5.2 service capability on large MTU engines.
• Engine Services Specialised yacht engine repair, maintenance, and overhaul services with modern facilities for diagnosing, testing, and professional fault finding. Operated by Melita Power Diesel, the official MTU distributor in Malta since 1993.
• Luxury Yacht Charters Luxury yacht charter services across Malta and Sicily offering motor yachts, sailing yachts, catamarans, and RIBs for day and weekly charters with professional captains and crew. Fleet includes vessels such as Ferretti Custom Line 97, Fairline Squadron 55, Lagoon catamarans, Beneteau yachts, and Sunseeker models, with charter rates ranging from €360/day to €12,500/day.
• Chandlery Service Leading chandlery services in Malta with strong ties to local suppliers and dedicated logistics to fully supply vessels and crew. Offers products across categories including Awlgrip paints, batteries, brushes and rollers, cleaning and protection products, fuel treatment, lubricants, fasteners, fenders, covers, tools, stainless steel hardware, and nautical flags, with online and physical retail channels and free delivery over €60 in Malta.
• Yacht Brokerage Malta Yacht brokerage services facilitating the sale and purchase of pre-owned yachts in Malta, connecting buyers and sellers in the local market.
• Mgarr Marina (Gozo) Marina services at Mgarr Harbour in Gozo, one of the primary harbours on the island of Gozo in the Maltese archipelago, providing berthing and marina support services.
• Corporate Services Valletta registration and corporate services for yacht ownership and management companies operating in Malta.
• Commercial Divers (MCD) Commercial diving and marine services including professional hull cleaning inside and outside harbour areas, underwater inspections of hulls, propellers, rudders, anodes, sea chests and fittings, marina and harbour support works, and diving support for vessel maintenance and repair operations.
• Yacht Painting (Melita Yacht Painters) Professional yacht painting and coating services representing Awlgrip, with a full-time professional team of painters. Services include surface preparation, application of paint, varnish, epoxy, and other coatings using spray equipment.

Quantifiable outcome

• Completed 95m Indian Empress engine refit in 7 weeks - record timeframe
• +2 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered core and minor.

• MTU (Rolls-Royce Power Systems)coreChannel Partner/ Reseller/ DistributorOfficial distributor for MTU engines in Malta, Greece, and Libya territories. Melita Power Diesel subsidiary provides engine repair, overhaul and reconditioning services. Won Rolls-Royce MTU Service Partner of the Year Award 2012 and 2016/2017.
• ptw Shipyard TarragonacoreStrategic or Co-development PartnerAcquired investment in ptw Shipyard Tarragona (operational since late 2016). 15,000m2 yard with 180m technical quay and 50m travel lift. Serves Barcelona and Balearic Islands superyacht market. Strategic expansion of Mediterranean coverage.
• Net Logic (UK)minorChannel Partner/ Reseller/ DistributorAppointed principal distributor in Malta for Net Logic WatchKeeper+ wireless BNWAS system. Provides installation and sales of bridge watch alarm system.
• AWLGRIPcoreChannel Partner/ Reseller/ DistributorOfficial AWLGRIP paint distributors with in-house professional paint team of eight painters. Melita Yacht Painters Ltd subsidiary represents the brand.
• PropspeedminorChannel Partner/ Reseller/ DistributorMarine product partner for Propspeed underwater lighting and propeller coatings
• Mgarr Marina (Gozo)minorStrategic or Co-development PartnerMarina partnership in Gozo for comprehensive Mediterranean coverage

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Monaco Marine: Monaco Marine operates a network of superyacht refit shipyards across the French Riviera and Mediterranean (Monaco, Antibes, La Ciotat, Cannes). Directly comparable to Melita Marine Group as a Mediterranean superyacht refit and maintenance operator with multi-yard infrastructure for large yachts.
• Palumbo Superyachts: Palumbo Superyachts operates refit shipyards in Italy (Ancona, Savona, Naples) and Marseille, France, serving the superyacht segment with refit, maintenance, and agency services. Directly comparable to Melita as a multi-territory Mediterranean superyacht refit/agency platform.
• Burgess: Burgess is a global superyacht brokerage, charter, and management house with strong Mediterranean presence. Overlaps with Melita's yacht charter, brokerage, and superyacht agency services targeting the same HNW yacht owner/captain customer base.
• Lusben (Benetti Group): Lusben runs a large Italian superyacht refit shipyard in Viareggio (Benetti Group) covering refit, repair, and conversion for vessels over 30m. Directly comparable to Melita as a Mediterranean full-service superyacht refit operator with multi-million-euro project capability.
• Edmiston: Edmiston is an international superyacht brokerage and management firm headquartered in Monaco. Comparable to Melita for yacht charter brokerage, sales, and owner-side management services across the Mediterranean superyacht segment.
• Hill Robinson: Hill Robinson provides superyacht management, agency, and operational services to large yachts in the Mediterranean and globally. Directly overlaps with Melita's superyacht agency support and 24/7 captain services across the Med.
• Camper & Nicholsons: Camper & Nicholsons is a global superyacht sales, charter, and management company with headquarters in Monaco. Comparable to Melita for superyacht charter brokerage, yacht management, and Mediterranean-based owner representation services.
• MB92 Group: MB92 operates a major superyacht refit facility in Palma de Mallorca with a large shiplift and offers painting, mechanical, and engineering services. Directly comparable to Melita as a Mediterranean superyacht-focused shipyard focused on refit, repair, and painting for large yachts in a competing location.

Emerging players

• Imperial Yachts: Imperial is a Monaco-based superyacht management, charter, brokerage, and new-build/refit company serving large yachts. Comparable to Melita for the superyacht agency, charter, and management overlap, though with a different structural emphasis.

Regional players

• MultimService (Multimarin) / Astilleros de Mallorca: Historically a Spanish superyacht refit and repair yard in Mallorca — competes with Melita's Tarragona operations in the western Mediterranean superyacht service corridor (Balearics, mainland Spain).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights6 records

Customer concentration

• Xx.com/Melita_Marine
• Facebookfacebook.com/MelitaMarineGroup
• LinkedInlinkedin.com/company/melita-marine-group

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 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 Melita Marine Group