What Marine Capabilities does

Marine Capabilities (Marcap) LLC is a privately held, Abu Dhabi-based offshore vessel owner and operator established in 1996 (with origins in a 1983 marine department of Al Bawardi Enterprises) and led by founder Samer Qiblawi as President and CEO. The company operates a diversified fleet of 35+ vessels spanning AHTS/AHT, Platform Supply Vessels, Landing Craft Tanks, Fast Crew Boats, Pilot Boats, Safety Standby Rescue Vessels, tugs, barges, and DP2-class vessels, with operations in the UAE, Saudi Arabia (via wholly owned subsidiary Saudi Marcap established 2010), Mozambique, and broader MEA. Core offerings are organized into six integrated service lines: A-to-Z Ship Management (technical, commercial, crew, HSEQ), Tailored Crew Supply, Get Home Safely Ship Delivery, Offshore Support Vessel Provision and Operation, Logistical Project Management, and Vessel Cross-Chartering. The technology stack is centered on the Bogerd Martin Chart Track Navigation Suite (fleet-wide paperless navigation deployed 2023) and the ShipArc crew-engagement and incident-reporting application, both deployed under ADNOC, Aramco, and KJO approvals.

Marcap's revenue model is a hybrid of recurring vessel charter contracts (long-term to NOCs and EPC contractors) plus managed-services and professional-services fees from ship management, crew supply, ship delivery, and project logistics engagements. The go-to-market is enterprise-direct, with anchor relationships at ADNOC, Saudi Aramco, KJO, and a broad list of international EPC contractors (NMDC, NPCC, Saipem, McDermott, Petrofac, DEME, Hyundai Heavy Industries, SBM Offshore, SLB, TotalEnergies). Marcap also acts as a regulated local gateway for international ship owners seeking Middle Eastern market entry through its cross-chartering and representation services. Pricing is bespoke and quote-based rather than published, reflecting the project-driven nature of OSV contracts. Certifications include ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, ISM Code, ISPS Code, and OVID compliance, with OVID approval enabling the Mozambique expansion. The company is family-controlled by the Al Bawardi/Qiblawi families, with Mohamed Juma Al Bawardi as Chairman and no disclosed external institutional capital.

Name

Marine Capabilities

Legal name

Marine Capabilities LLC

Website

https://marcap.ae

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

101–250 employees

Short description

Marine Capabilities (Marcap) is a privately held Abu Dhabi-based offshore vessel owner and operator serving ADNOC, Saudi Aramco, KJO, and international EPC contractors across the UAE, Saudi Arabia, and Mozambique. The company operates 35+ vessels and delivers ship management, crew supply, vessel charter, ship delivery, and project logistics services.

Ownership category

akta.pro rank

Headquarters

HQ city

Abu Dhabi

HQ country

United Arab Emirates

HQ region

Middle East

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Vessel Chartering: Operating owned fleet of offshore support vessels for charter contracts with major energy companies including ADNOC, ARAMCO, and KJO. Diversified fleet including AHTS, PSV, crew boats, LCT, tug, SSRV, pilot boats, and DP2 vessels
2. Ship Management Services: A to Z ship management including technical management (24/7 maintenance, dry docking supervision), commercial management (securing chartering contracts), crew management, safety and quality, and port agency support
3. Tailored Crew Supply: Providing trained, professional, certified, and approved crew for OSVs with door-to-door crew handling, orientation programs, and emphasis on crew welfare
4. Global Vessel Delivery: Get Home Safely Ship Delivery Service including vessel inspection, mobilization, registration, ISM audit, flagging, and compliance services
5. Cross-Chartering: Finding suitable ships for offshore projects and operating partners' vessels with full ISM system implementation approved by ADNOC, ARAMCO, and KJO
6. Project Management: End-to-end logistical support for offshore projects with customized solutions, expert guidance, and consultancy ensuring compliance and continuous monitoring

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Marine Capabilities (Marcap) owns and operates a diversified fleet of 35+ offshore support vessels, providing vessel chartering, full A to Z ship management, tailored crew supply, global ship delivery, logistical project management, and cross-chartering services to National Oil Companies and EPC contractors across the UAE, Saudi Arabia, and the broader MEA region. The company serves as a regional marine operator with official approvals from ADNOC, Saudi Aramco, and KJO.

Product overview

Marine Capabilities (Marcap) is a boutique offshore vessel owner and operator offering a comprehensive suite of maritime services built around its diversified fleet of 35+ vessels. The core offering consists of six integrated service lines: A to Z Ship Management (technical, commercial, crew management, HSEQ), Tailored Crew Supply, Get Home Safely Ship Delivery Service, Offshore Support Vessel Provision and Operation, Logistical Project Management and End-to-End Solutions, and Vessels Cross-Chartering. The fleet portfolio includes AHTS/AHT vessels, Platform Supply Vessels (PSV), Landing Craft Tanks (LCT), Fast Crew Boats (FSCB), Pilot Boats, Safety Standby Rescue Vessels (SSRV), Tugs, Barges, and DP2 dynamic positioning vessels. Services are delivered primarily across the UAE, Saudi Arabia, and the broader MEA region, serving major NOCs including ADNOC, Saudi Aramco, and KJO.

Differentiator

Problem solved

Functional benefit

Products and services

• A to Z Ship Management Comprehensive vessel management service covering technical management (24/7 in-house maintenance, dry docking supervision, supply chain), commercial management (chartering contracts, NOC/IOC approvals), crew management (approved trained crew supply), safety and quality (HSEQ team), and port agency support for vessel owners in the MEA region.
• Tailored Crew Supply Provision of trained, professional, certified, and approved crew for offshore support vessels including door-to-door crew handling, orientation, safety induction programs, and emphasis on crew welfare and performance for OSV operators.
• Get Home Safely Ship Delivery Service Global vessel delivery service ensuring vessels reach destinations safely with full support including inspection, mobilization, pre-sailing preparation, registration, ISM audit, flagging, communications, bunkering, crew, insurance, and compliance for international ship owners.
• Offshore Support Vessel Provider and Operator Provision of Marcap's own diversified 35+ vessel fleet for offshore operations including anchor-handling, supply boats, tow tugs, AHTSs, crew boats, SSRVs, pilot boats, DP2 vessels, cargo supply, towage, rig move, passenger transportation, accommodation, safety standby, platform maintenance, and well maintenance for NOCs and EPC contractors.
• Logistical Project Management and End-to-End Solutions End-to-end logistical support for offshore projects including vessel selection, cost reduction, efficiency improvement, customized solutions, expert guidance, consultancy, compliance assurance, continuous monitoring, and transparent communication for complex EPC and energy projects.
• Vessels Cross-Chartering Cross-chartering services for vessel owners including NOC/IOC-approved operations, crew supply (training, security passes, visas, rotations), vessel mobilization, ISM system implementation approved by ADNOC/ARAMCO/KJO, and 24/7 in-house repair for minimal off-hire.
• Invictus Landing Craft Tank (LCT) 65-meter purpose-built Landing Craft Tank (LCT) delivering approximately 2,000 metric tonnes deadweight, with 150 m³/hr fuel oil and 80 m³/hr fresh water discharge capability, climate-adaptive engineering for 55°C operation, used for heavy cargo and equipment transport in Middle East offshore and EPC projects.

Quantifiable outcome

• 50% increase in fleet size and revenue in 2024
• +3 more outcomes

Named customers16 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

Integration2 records

Feature3 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Bogerd MartincoreTechnology or Integration · 1 October 2023Marcap is first offshore player in ADNOC oil fields to employ full digital publications with Bogerd Martin. Partnership provides Chart Track Navigator Suite for paperless navigation operations with real-time charts and up-to-date publications. Installation completed across all vessels by October 2023 with ADNOC approval obtained.
• Abu Dhabi Maritime Academy (ADMA)coreStrategic or Co-development Partner · 19 December 2022MOU signed for beneficial cooperation between two entities contributing to UAE Emiratization. ADMA's role is to prepare cadets with knowledge and practice on simulators while Marcap takes them on board for real sea life familiarization. Partnership focuses on future determined by digitalization and AI, collaborating on new technologies serving maritime industry.
• Columbia Shipmanagement (CSM)coreStrategic or Co-development Partner · 9 November 2022MOU signed in Abu Dhabi for partnership focusing on ship management, crewing, IT and Performance Optimisation. Will work to identify new opportunities generating vessel performance optimisation models that will shape the future of the maritime sector in the Gulf. CSM brings advanced digital technologies while Marcap provides regional expertise with ~30 vessels serving largest oilfield and construction companies across Arabian Gulf.
• EMDADcoreStrategic or Co-development PartnerLong-standing strategic partnership for offshore support vessel operations. EMDAD vessels integrated with Marcap fleet. Joint exhibition presence at ADIPEC (Hall 3). Collaboration on SPM projects in Qatar with established representative office. Partnership producing symbolic trophy vessel Marcap Emdad 5 (AHTS DP2).
• Safeen GroupminorStrategic or Co-development PartnerPartnership with Abu Dhabi Ports subsidiary for maritime services. Marcap manages vessels for Safeen including landing crafts Delma 10 and Delma 11 in Mozambique operations. Collaboration on industry events and annual meetings.
• YanmarminorOthersSupplier of main engines for fleet vessels. Yanmar engines secured for vessels including Invictus landing craft. Japanese technology partner providing reliable and efficient spare parts.
• CumminsminorOthersSupplier of auxiliary engines for fleet vessels. Cummins auxiliary engines included in vessel specifications for reliable power generation.
• Tor Marine (Turkey)minorStrategic or Co-development PartnerPartnership with Turkish shipbuilder Tor Marine for design and construction of pilot boats. Two vessels (Marcap TAM1 and TAM2) specifically designed and custom built in 2016 for long-term Saudi Aramco project.
• Noatum Marine (ex-Safeen)minorChannel Partner/ Reseller/ DistributorManaging two vessels from Noatum Marine (ex-Safeen) for operations in Mozambique. Partnership enables Marcap to execute projects and develop relationships in East African market.

Scale indicators9 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Gulf Marine Services: UAE-listed OSV operator with a regional fleet of self-elevating platforms and support vessels serving the Middle East offshore oil and gas market. Comparable in geography, customer base (NOCs), and vessel types, though it focuses more on larger platform units.
• ESNAAD: ADNOC-owned marine services arm operating AHTS, PSV, and offshore support vessels in UAE waters. Directly competes with Marcap for ADNOC charters and shares the same regulatory approval regime; Marcap positions itself as a boutique alternative to ESNAAD's larger fleet.

Broad incumbents

• Vroon Offshore Services: Dutch-based international OSV operator with a deep fleet of AHTS, PSV, and subsea-support vessels. Comparable in operating a multi-vessel diversified fleet serving NOCs and IOCs; relevant as a model for European-into-Middle-East OSV presence.
• Bourbon Offshore: French-headquartered global OSV operator with a large AHTS, PSV, and crew boat fleet. Comparable vessel mix and oil-and-gas customer base, though with a global rather than regional focus; relevant benchmark for fleet utilization and pricing.
• ADNOC Logistics & Services: Integrated marine, ports, and logistics arm of ADNOC, now including the former Topaz Energy and Marine OSV fleet. The dominant in-region incumbent and Marcap's largest customer-competitor combination; sets the strategic direction for ADNOC marine procurement.
• Solstad Offshore: Norwegian global OSV player operating AHTS, PSV, and subsea construction vessels worldwide. Comparable in core vessel types serving international oil majors; relevant peer for charter pricing and fleet renewal economics.
• Edison Chouest Offshore: US-based global OSV operator with one of the largest diversified offshore vessel fleets. Comparable multi-vessel-type approach and oil-and-gas customer base; provides scale benchmark for crew boats, PSVs, and specialized vessels.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Customer concentration

• LinkedInlinkedin.com/company/marinecapabilities

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 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 Marine Capabilities