The Lightship Group

Name

The Lightship Group

Website

https://lightshipgroup.com

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

11–50 employees

Short description

The Lightship Group is a privately held marine engineering and ship repair firm headquartered in North Kingstown, Rhode Island. Founded in 1983, the 11–50 employee company serves vessel owners and maritime operators in the United States.

Ownership category

akta.pro rank

Product category

Marine Engineering & Ship Repair Services

NAICS

Ship Building and Repairing (336611)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro industry

PRIMARYIMAJAHAN

Propulsion MRO, Spares & Field Service (Overhauls, retrofits, upgrades)

Industrials, Manufacturing & Construction/Marine & Shipbuilding/Marine Propulsion & Power Systems (Engines, Drives, Thrusters)

SECONDARYTLADABAL

Offshore Support & Marine Logistics Vessel Operators (PSV/AHTS)

Transportation & Logistics/Freight Transportation (Air, Maritime, Rail, Trucking)/Ocean Freight Carriers (Container, Bulk, Tanker)

Keywords

• Marine engineering
• Ship repair services
• Vessel maintenance
• Naval architecture
• Maritime engineering

Headquarters

HQ city

North Kingstown

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Not disclosed: No source data was provided to extract revenue model details.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

The Lightship Group operates as a marine engineering and ship repair firm based in North Kingstown, Rhode Island. The company delivers hands-on vessel engineering, maintenance, and repair services to maritime customers from its single U.S. location, operating since 1983 with a small team of 11–50 employees.

Differentiator

Problem solved

Functional benefit

Products and services

• Marine Engineering and Ship Repair Services Hands-on marine engineering, vessel maintenance, and ship repair services delivered to maritime customers (commercial, government, and recreational vessel owners/operators) from the company's North Kingstown, Rhode Island facility.

Quantifiable outcome

• Not disclosed

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Direct peers

• East Coast Repair & Fabrication: Mid-sized U.S. marine services contractor providing ship repair, fabrication, and marine engineering to government and commercial customers along the East Coast. Comparable as a similarly sized private competitor in marine repair and engineering services.
• Bollinger Shipyards: Privately held U.S. shipbuilder and repairer with yards across the Gulf Coast. Directly comparable as a private, mid-sized marine services firm serving government and commercial marine customers with similar engineering and repair offerings.
• Vigor Industrial: One of the largest U.S. ship repair and marine services companies operating yards in the Pacific Northwest and Mid-Atlantic. Comparable because it sells the same mix of marine engineering, ship repair, and conversion services to government and commercial vessel customers.

Regional players

• Marisco Ltd. Hawaii-based shipyard providing ship repair, conversion, and marine engineering to commercial, government, and cruise customers in the Pacific. Comparable as a mid-sized regional marine services firm with a similar service offering, though operating in a different geography.
• Blount Boats: Rhode Island-based shipbuilder and marine services firm doing vessel construction and ship repair for commercial and government customers. Comparable as a small, private regional peer with a similar New England footprint and service mix.
• Senesco Marine: Rhode Island-based shipyard providing barge construction, ship repair, and marine engineering services along the U.S. East Coast and inland waterways. Comparable as a similarly sized marine services firm with overlapping service lines and a similar geographic focus on the Northeast.
• Maritime Industrial Services (MISC): Mid-Atlantic U.S. marine services company providing ship repair, drydocking, and marine engineering to commercial and government vessel operators. Comparable as a small-to-mid private peer offering overlapping repair and engineering services in a similar U.S. coastal geography.

Broad incumbents

• Huntington Ingalls Industries: Largest U.S. military shipbuilder and a major provider of naval fleet sustainment and ship repair. Comparable as a supplier of marine engineering and ship repair services to government customers, though at far greater scale and with a diversified platform.
• Fincantieri Marine Group: U.S. subsidiary of Italian shipbuilding major Fincantieri, operating multiple U.S. yards doing both new construction and ship repair. Comparable as a broad incumbent offering overlapping marine engineering and repair services, but at materially larger scale.

Emerging players

• SAFE Boats International: Manufacturer of aluminum patrol and response boats serving defense, law enforcement, and commercial marine customers with in-house engineering and fabrication. Comparable as a smaller private marine firm offering engineered marine products and services to government buyers.

Market position

Customer concentration

• Xx.com/lightshipgroup
• Facebookfacebook.com/TheLightshipGroup

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 The Lightship Group