Panmarine

What Panmarine does

Panmarine Shipping Services FZE is a privately held marine transportation company established in 2003 and registered as a Free Zone Establishment in Ajman Free Zone, United Arab Emirates. The company operates as a Non-Vessel Operating Common Carrier (NVOCC) and shipping intermediary, providing ship chartering and brokering, project freight forwarding (heavy lift and oversize cargo), direct tonnage services on chartered RORO and general cargo vessels, air chartering brokering, and a scheduled Semi Liner Sailing service running twice monthly from UAE to Red Sea and West Coast Indian ports. It complements these core services with ocean and air freight forwarding (LCL and FCL), road transportation, customs clearance and document clearing, and transport insurance, offering end-to-end logistics for project, general, and specialized cargoes. Its primary customer base consists of GCC countries' shippers requiring project and general cargo solutions, with a particular focus on heavy lift, break bulk, RORO, and bulk cargo segments.

The company's operations are supported by an in-house developed Forward Management System that monitors subcontractors and partners operating under Panmarine's responsibility, providing internal visibility across its own fleet (including RORO vessels, general cargo vessels, tugs, barges, landing crafts, supply boats, and offshore support vessels) and its broader partner network. BIMCO industry association membership and Ajman Free Zone (AFZA) registration underpin its regulatory standing and credibility. Revenue is generated through transaction-fee based, quote-by-quote pricing across all services, with no publicly disclosed pricing tiers, contracts, or revenue figures. Go-to-market is direct B2B sales via the company website (featuring a quote request form for air, ocean, and road freight), supported by blog/news content, newsletter subscription, and organic SEO, with no disclosed third-party distribution channels or named enterprise customers.

Name

Panmarine

Legal name

Panmarine Shipping Services FZE

Website

https://panmarineuae.com

Company type

Private

Founded year

2003

Operating status

Operating

Short description

Panmarine Shipping Services FZE is a UAE-based marine transportation intermediary founded in 2003, operating as an NVOCC serving GCC countries' clients with ship chartering, project freight forwarding, air chartering, and a twice-monthly semi liner service between UAE and Red Sea/West Coast Indian ports.

Ownership category

akta.pro rank

Product category

Marine Logistics Services

NAICS

Support Activities for Water Transportation (4883), Deep Sea Freight Transportation (483111), Marine Cargo Handling (488320)

SIC

Arrangement Of Transportation Of Freight & Cargo (4731), Deep Sea Foreign Transportation Of Freight (4412), Water Transportation (4400)

akta.pro primary industry

NVOCC Operations & Ocean Consolidation (TLACABAC)

akta.pro secondary industries

Project & OOG/Breakbulk Ocean Forwarding (Out-of-Gauge, RoRo) (TLACABAH), High & Heavy / Project Ro-Ro Handling (Construction, Mining & Oversize Equipment) (TLAHACAI), Breakbulk & Project Cargo Handling (Heavy Lift, Out-of-Gauge Handling) (TLAHALAH), Finished Vehicle Ocean RoRo & Deep-Sea Vehicle Carriers (TLADAJAC)

Keywords

• Marine transportation services
• Ship chartering services
• Freight forwarding services
• Project cargo logistics
• NVOCC operations

Headquarters

HQ city

Al Ajman

HQ country

United Arab Emirates

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Freight Forwarding Services: Project freight forwarding, ocean freight forwarding in LCL and FCL modes, and air freight services for cargo transport
2. Ship Chartering & Brokering: Ship chartering and brokering services for vessel space
3. NVOCC Services: Non-Vessel Operating Common Carrier services providing hassle-free solutions for project and general cargoes primarily for GCC countries' clients
4. Air Chartering Brokering: Private air charter brokering services in UAE
5. Transport Insurance: Transport insurance services for cargo
6. Document Clearing Services: Customs clearance and delivery documentation services

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Panmarine Shipping Services FZE provides marine transportation and logistics services including ship chartering and brokering, NVOCC (Non-Vessel Operating Common Carrier) operations, project freight forwarding for heavy and oversize cargoes, direct tonnage services, air chartering brokering, and semi liner sailing. The company operates its own fleet of RORO vessels, general cargo vessels, tugs, barges, landing crafts, supply boats and offshore support vessels, complemented by a network of monitored subcontractors. Services cover project cargo, heavy lift, break bulk, dry bulk, RO-RO, DG cargoes, ocean and air freight forwarding, road transportation, customs clearance, and transport insurance.

Product overview

Panmarine Shipping Services FZE is a shipping and logistics company established in 2003 in UAE, specializing in marine transportation services. The company operates as a Non-Vessel Operating Common Carrier (NVOCC) and provides an integrated portfolio of shipping services including ship chartering and brokering, project freight forwarding, air chartering, and semi liner sailing. The core services work together to offer comprehensive logistics solutions: NVOCC services form the operational backbone for cargo consolidation, supported by ship chartering for vessel procurement, direct tonnage for dedicated vessel capacity, and project freight forwarding for specialized heavy cargo. Air and ocean freight forwarding services complement maritime operations, while road transportation, document clearing, and transport insurance provide end-to-end supply chain solutions. The company operates RORO, general cargo vessels, tugs, barges, and offshore support vessels across routes including UAE to Red Sea and West Coast Indian ports.

Differentiator

Problem solved

Functional benefit

Products and services

• Ship Chartering & Brokering Ship chartering and brokering services providing commercial knowledge and strength to service international clientele requiring vessel space for cargo transport.
• Non-Vessel Operating Common Carrier (NVOCC) NVOCC services rated among the top customers of major shipping lines, providing hassle-free solutions for project and general cargoes, particularly for GCC countries' clients.
• Project Freight Forwarding Leading project freight forwarder in UAE specializing in heavy and oversize cargoes with project expertise, ensuring safe transport of specialized cargo.
• Direct Tonnage Operating RORO and General cargo vessels for close clients/shippers' cargoes as a Non-Vessel Operating Common Carrier, primarily serving GCC countries' clients.
• Air Chartering Brokering Private air charter services in UAE providing top-notch service and unrelenting dedication to client needs for time-sensitive cargo.
• Semi Liner Sailing Semi liner service from UAE to Red Sea and West Coast Indian ports with chartered or space chartered RORO/General cargo vessels, operating two sailings monthly.
• Ocean Freight Forwarding Ocean freight forwarding services in LCL (Less than Container Load) and FCL (Full Container Load) formats for global cargo delivery.
• Air Freight Air freight transportation services for cargo delivery worldwide.
• Road / Land Transportation Road and land transportation solutions including Full Truck Loads for logistics management.
• Document Clearing Services Customs clearance and delivery document services for cargo processing.
• Heavy Lift & Over Size Cargoes Specialized handling and transportation of heavy lift and over-size cargoes requiring specific vessel types.
• Break Bulk & Dry Bulk Cargoes Handling of break bulk and dry bulk cargoes for shipping operations.
• RO-RO Cargoes / DG Cargoes Roll-on/Roll-off cargo services and dangerous goods (DG) cargo handling.
• Tanker Chartering Tanker vessel chartering services for liquid cargo transportation.
• Transport Insurance Transport insurance coverage for cargo protection during shipping operations.

Quantifiable outcome

• Hassle-free shipping solutions for project and general cargoes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Two partnerships are on record, tiered minor and core.

• BIMCOminorOthersBIMCO membership provides industry standards and best practices for shipping operations. Panmarine displays BIMCO logo on their website footer indicating membership.
• Ajman Free Zone (AFZA)coreOthersCompany is registered and operates from Ajman Free Zone. Displays AFZA logo indicating active free zone membership and compliance with UAE free trade zone regulations.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Höegh Autoliners: Pure-play deep-sea RORO and vehicle carrier operator with GCC port calls — overlaps directly with Panmarine's RORO and vehicle logistics capabilities.
• Wallenius Wilhelmsen: Global leader in RORO ocean transportation for cars, heavy equipment, and breakbulk — comparable to Panmarine's RORO and project cargo services though at vastly larger scale.
• Transworld Group: UAE-based shipping and logistics group operating vessels and NVOCC services across the India–Middle East corridor — highly comparable on geography and core NVOCC/shipowning business model.
• Trans Global Projects: Specialist project cargo forwarder handling heavy lift, breakbulk, and OOG shipments globally, with strong Middle East presence — comparable to Panmarine's project freight forwarding core.
• Sea Cargo Logistics: UAE-based NVOCC and freight forwarder offering project, RORO, heavy lift, and breakbulk services across the GCC and Indian Ocean — directly comparable to Panmarine on geography, customer segments, and service mix.
• Freight Systems (Middle East): Dubai-based freight forwarder and NVOCC operating across the Gulf, Indian Subcontinent, and East Africa — closely comparable to Panmarine on geography, scale, and service mix.

Broad incumbents

• Kuehne+Nagel: Global freight forwarding and NVOCC giant with strong project cargo, sea freight, and customs capabilities across the GCC — competes with Panmarine for the same enterprise shippers at larger scale and broader network.
• GAC Group: UAE-headquartered global shipping, logistics, and NVOCC services provider with ship agency, freight, and offshore support — overlaps with Panmarine across NVOCC, chartering, and offshore vessel services but at much larger scale.
• DHL Global Forwarding: World's largest air and ocean freight forwarder with project cargo, NVOCC, and customs services — competes with Panmarine across its full service portfolio and sets the benchmark on digital/integration capabilities.
• Agility Logistics: Kuwait-headquartered global freight forwarder with deep GCC presence across ocean, air, and project logistics — competes with Panmarine in the same regional B2B freight forwarding market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

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 Panmarine