Piraeus Marine Services

What Piraeus Marine Services does

Piraeus Marine Services S.A. (PMS) is a privately-held Greek marine services firm founded in 2008 and headquartered in Piraeus at the heart of the Greek shipping cluster. The company delivers a comprehensive suite of technical services for commercial vessels, cruise ships, and luxury yachts, including dry-docking coordination, ship repairs, mobile service engineer "flying teams" for voyage and at-sea repairs, 24/7 diving and underwater hull services recognized by major classification societies, electrical and automation work including at-sea generator rewinding, safety equipment servicing, naval architecture and marine consultancy, and cruise/yacht-specific maintenance. Spare parts brokerage sources genuine, OEM, and used components from manufacturers in Europe, Japan, Korea, China, India, and Singapore through warehouses tied to Greece, India, Bangladesh, and China.

PMS monetizes through four intertwined streams: project-based professional services for repairs and consulting, transaction fees on marine spare parts brokerage, and commission-based exclusive agency representation in Greece, Cyprus, and Bulgaria for manufacturers such as Sunbo Industries (FGSS, BWMS), Daechun tube solutions, Ascenz Marorka (GTT Group) digital fleet solutions, VPG pipe repair clamps, ENFAC air purification systems, MIBA Bearings, and a Korean source of original 2-stroke STX MAN B&W engine parts. Its go-to-market is relationship-led and event-driven, anchored by regular participation at the Posidonia International Shipping Exhibition since 2012, direct enterprise engagement with international ship owners, and a network of representative offices and partner workshops that extends service coverage to China, Singapore, India, Panama, the United States, Germany, and Sweden.

The company is founder/family-owned under CEO and naval architect Markos Tripolitis, supported by his daughter Maria Tripolitis as General Manager and a team of about 20 specialists. PMS operates with ISO 9001, ISO 14001, and ISO 37001 certifications, and serves an enterprise customer roster that includes Diana Shipping, Dynacom Tankers, V.Ships, Tsakos Columbia Shipmanagement, Norwegian Cruise Line, Euronav, Navios Shipmanagement, Bernhard Schulte Shipmanagement, and the US Navy.

Name

Piraeus Marine Services

Legal name

Piraeus Marine Services S.A.

Website

https://piraeusmarineservices.gr

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Piraeus Marine Services is a Piraeus-based marine technical services firm serving international ship owners, offering ship repair, dry-docking coordination, flying-team voyage repairs, underwater diving services, naval architecture consultancy, and spare parts brokerage across global shipping hubs.

Ownership category

akta.pro rank

Product category

Marine Engineering Services

NAICS

Ship Building and Repairing (336611), Support Activities for Water Transportation (4883)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Emergency/Expeditionary Repairs & Afloat Maintenance (Voyage Repairs) (IMAJAFAK)

akta.pro secondary industries

Engine & Mechanical Overhaul (Main/Aux Engines, Pumps, Valves, Compressors) (TLAHAMAD), Underwater Hull Services (Diving, In-Water Cleaning, Propeller Polishing, Inspection) (TLAHAMAL), Underwater Hull Inspection, Cleaning & Propeller Services (TLAKAKAJ), Marine Surveying, Inspection & Claims (EDAOANAO), Marine Service Provider Coordination (Diving, Inspection, Class/Survey Support) (TLAHAJAI), Life-Saving Appliances & Safety Equipment (Davit Systems, Lifeboats, Firefighting) (IMAJAIAG), Marine Electrical Installation, Commissioning & Field Services (IMAJAJAL)

Keywords

• Ship repair services
• Marine engineering services
• Naval architecture consulting
• Underwater hull maintenance
• Spare parts brokerage

Headquarters

HQ city

Piraeus

HQ country

Greece

HQ region

Europe

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Ship Repair Services: Revenue from providing ship repair services including dry docking coordination, voyage repairs, and sea-going maintenance through flying teams of engineers, fitters, and welders. Services are delivered globally with focus on East Med and Greek ports.
2. Spare Parts Supply & Brokerage: Brokerage and supply of marine engine spare parts (genuine, OEM, used) from Europe, Japan, Korea, China, India, and Singapore. PMS acts as intermediary between manufacturers/suppliers and shipping companies, negotiating prices, terms, and delivery.
3. Technical Consulting & Management: Naval architecture, marine consultancy, and technical management services including surveys, damage assessments, pre-purchase inspections, and vessel technical supervision.
4. Agency/Representation Fees: Revenue from exclusive agency relationships representing manufacturers (Sunbo Industries, Daechun, VPG, Ascenz Marorka, ENFAC, etc.) in Greece, Cyprus, Bulgaria, and other markets. Earnings through commissions on sales of equipment and systems.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels3 records

Core offering

Piraeus Marine Services S.A. provides a comprehensive range of marine technical services for commercial vessels, cruise ships, yachts, and naval fleets, including ship repairs, dry docking coordination, mobile flying teams for voyage/at-sea repairs, underwater cleaning and hull maintenance, electrical and automation work, naval architecture and marine consultancy, safety equipment services, and spare parts supply. The company also acts as exclusive agent in Greece, Cyprus, and Bulgaria for international marine equipment manufacturers.

Product overview

Piraeus Marine Services S.A. is a marine services company offering a comprehensive suite of ship repair, maintenance, and support services. The core service portfolio includes Dry Docking coordination, Ship Repairs, Service Engineers/Flying Teams for at-sea repairs, Divers/Underwater Cleaning & Repairs, Safety Equipment & Services, Naval Architects & Marine Consultants, Electrical & Automation, Cruise Vessel & Yacht Repairs, Spare Parts supply, Ship Supplies, and Ship Yards coordination. Additionally, the company represents exclusive products in Greece including VPG Rapid Response Pipe Repair Clamps, Sunbo Industries FGSS (Fuel Gas Supply Systems), Daechun tube solutions, Ascenz Marorka digital monitoring solutions (Coriolis Mass Flowmeters, Data Acquisition Systems), and ENFAC air purification systems. The company was founded in 2008 and serves international ship owners from its Piraeus, Greece location.

Differentiator

Problem solved

Functional benefit

Products and services

• Dry Docking Services Coordination with major shipyards worldwide to undertake dry docking for grounding repairs, collision repairs, conversions, and major mechanical works, offering integrated ship repair and care services for commercial vessels, cruise ships, and yachts.
• Ship Repairs Urgent or scheduled ship repairs around East Med and especially in Greek ports, covering main engines, generators, pumps, boilers, deck machinery, cranes, hydraulics, piping, and steel work, supported by qualified fitters and welders for international ship owners.
• Service Engineers / Flying Teams Mobile technical teams of qualified fitters and welders available worldwide for voyage/at-sea marine engine repairs and overhauling, including main and auxiliary engine overhauls, crankshaft replacement, electrical, hydraulic, piping, and steel works for commercial vessels.
• Divers / Underwater Cleaning & Repairs 24/7 diving team services recognized by all major classification societies, providing underwater welding, hull surveys with video documentation, hull cleaning, anode replacement, ultrasonic thickness measurement, and propeller repair and polishing for commercial vessels.
• Safety Equipment & Services Safety equipment survey and servicing for fire extinguishers, life rafts, life boat testing, breathing apparatus, immersion suits, and calibration of gas and temperature detection devices for ship owners and operators.
• Naval Architects & Marine Consultants Engineering consultancy team providing design modifications, condition surveys, marine claims handling, pre-purchase surveys, technical management, and dry dock and new building attendance for ship owners, buyers, and operators.
• Electrical & Automation On-site generator rewinding, electrical motor rewinding, complete automation solutions for ships and industry, including bridge and control room automation panel construction and repair for commercial vessels and industrial applications.
• Cruise Vessel & Yacht Repairs - Maintenance Large conversions, refurbishment, and maintenance of cruise vessels with access to technical expertise; luxury yacht management including interior works, hull maintenance, mechanical works, and yacht engine services for cruise operators and yacht owners.
• Spare Parts Supply Brokerage and supply of genuine, licensed, and OEM spare parts for main and auxiliary engines, turbochargers, compressors, purifiers, pumps, and cranes, sourced from Europe, Japan, Korea, China, India, and Singapore for ship owners and operators.
• Ship Supplies Supply of provisions including deck, engine, radio, safety, bonded, cabin stores, medical supplies, charts, nautical publications, and safety equipment annual service for vessels calling at Greek and East Mediterranean ports.
• Ship Yard Coordination Cooperation with major shipyards and repairing companies worldwide to assist clients with dry-docking and ship repair requirements, including Sefine Shipyard in Turkey and partner workshops across China, Singapore, India, and Panama.
• FGSS (Fuel Gas Supply System) Representation Exclusive representation in Greece, Cyprus, and Bulgaria of Sunbo Industries Co. Ltd. (Korea) Fuel Gas Supply System (FGSS), the world's first FGSS supplier in 2014, along with related sewage treatment units, purifiers, L.O. cooling systems, and Ballast Water Management Systems (BlueZone BWMS).
• Daechun Tube Solutions Representation Exclusive representation in Greece of Daechun Industrial Co. Ltd. (Korea) for Multi Core Tube bundles, Stainless Steel Coil Tubes, straight tubes, sheathed copper tubes, and pre-insulation tubes used in offshore and shipbuilding applications, products approved by major classification societies (ABS, BV, CCS, DNV-GL, KR, LR, NK, RINA, RMRS).
• VPG Rapid Response Pipe Repair Clamp Representation Agency representation for Valley Precise Global (VPG) Rapid Response Clamps for temporary pipe repairs covering leaks and bursts on vessels and marine systems, with diameter range 38mm to 930mm and variants from 6.6 Bar to 40 bar pressure rating.
• Ascenz Marorka Digital Solutions Representation Agency representation in the Greek market for Ascenz Marorka (GTT Group, France) digital solutions for smart ships, including Coriolis Mass Flowmeters, Data Acquisition System (MARK I DAS), LNG Cargo Management, Electronic Fuel Monitoring, Vessel Performance Management, and Emissions Monitoring.
• ENFAC Air Purification Systems Representation Agency cooperation for ENFAC (Korea) high-performance air purification systems for maritime vessels, removing PM2.5, harmful gases, and airborne pathogens to improve onboard air quality for crews.

Quantifiable outcome

• Vessel dry docking and repairs completed efficiently at competitive prices through shipyard coordination
• +2 more outcomes

Named customers12 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

13 partnerships are on record, tiered core and minor.

• Chinese Marine Service Provider (Shanghai)coreStrategic or Co-development Partner · 1 July 2025New strategic cooperation with established Chinese marine service provider for expanded regional coverage. Provides comprehensive repair, maintenance, and overhaul of electrical/electronic equipment for engine room and deck machinery including hydraulic systems, steering gear, electrical systems, and main/auxiliary engines.
• Ascenz Marorka (GTT Group)coreChannel Partner/ Reseller/ Distributor · 4 February 2025Commercial partnership with Ascenz Marorka (France, GTT Group) for digital solutions including LNG Cargo Management, Electronic Fuel Monitoring, Vessel Performance Management, and Emissions Monitoring. PMS serves as agent in Greek market focusing on hardware equipment (Coriolis Mass flowmeters, Ascenz Marorka MARK I DAS).
• ENFAC (Korea)minorChannel Partner/ Reseller/ Distributor · 1 January 2025Close cooperation to offer ENFAC's cutting-edge air purification systems for maritime sector. ENFAC specializes in high-performance air purification removing PM2.5, harmful gases, and airborne pathogens.
• Panama Canal WorkshopcoreStrategic or Co-development Partner · 1 January 2025Close cooperation with fully-modern workshop at Panama Canal offering 24/7 assistance for mechanical, steel work, hydraulic, and electrical issues. Services include L.D.M, laser alignment, M/E and D/G repairs, auxiliary machinery repairs, and deck machinery services.
• MIBA BearingsminorChannel Partner/ Reseller/ Distributor · 1 January 2025Partnership for bearing supply and related services.
• Chinese BWTS Filter ManufacturerminorChannel Partner/ Reseller/ Distributor · 1 January 2025New strategic partnership with leading Chinese manufacturer specializing in FILTERS for all Ballast Water Treatment Systems (BWTS). Filters offer exceptional reliability, comprehensive compatibility with all BWTS systems, and certified quality.
• Singapore & India Marine Service PartnerscoreStrategic or Co-development Partner · 1 October 2024New partnership with skilled teams in Singapore and India for engine fitters, welders, and electrical engineers. Singapore workshop fully equipped; India services on case-by-case basis along west coast. Services include M/E decarbonization, crankshaft replacement, turbocharger work, and various repairs.
• Marilia IKEcoreStrategic or Co-development Partner · 1 January 2024Greek sister company representing exclusive products in Greece including Wakefield (diesel engine maintenance), Vesconite (bearings), PMC (Performance Motor Cleaner), MultiMetall (polymer-metallic repair materials), and Depac (mechanical seals, 505 Metal-Free Anti-Seize).
• Korean STX MAN B&W Parts SourcecoreChannel Partner/ Reseller/ Distributor · 1 January 2024New cooperation with major Korean source for ORIGINAL 2-stroke STX MAN B&W Engine spare parts including cylinder heads, liners, piston crowns, connecting rods, fuel pumps, plungers, and piston rings. Greek technicians and certified MAN engineers based in Korea.
• Valley Precise Global (VPG)coreTechnology or Integration · 1 January 2019PMS is now an agent for VPG, experts in temporary repairs for leaks and bursts on vessels. VPG Rapid Response Clamp covers diameter range 38mm to 930mm, with variants from 6.6 Bar to 40 bar pressure rating.
• Daechun Industrial Co. Ltd. (Korea)coreTechnology or Integration · 1 January 2018Exclusive agent for Greece representing Daechun, global suppliers in offshore and shipbuilding manufacturing Multi Core Tube bundles, Stainless Steel Coil Tubes, and related products since 1981. Products approved by major classification societies (ABS, BV, CCS, DNV-GL, KR, LR, NK, RINA, RMRS).
• Sunbo Industries Co. Ltd. (Korea)coreTechnology or Integration · 1 January 2014Strategic cooperation making PMS the exclusive representative in Greece, Cyprus, and Bulgaria for Sunbo's Fuel Gas Supply System (FGSS). Sunbo was the world's first supplier of FGSS in 2014. PMS also represents Sunbo's sewage treatment units, purifiers, L.O. cooling systems, FGSS, PWTS, and Ballast Water Management Systems (BlueZone BWMS).
• Sefine Shipyard (Turkey)coreStrategic or Co-development Partner · 1 January 2012Very close cooperation with Sefine Shipyard at Altinova/Yalova, Turkey. Dry dock dimensions: 240 x 42 x 9m suitable for Handy, Handymax, Panamax, and Aframax vessels. Services include repair, retrofits, conversion, modernization, life extension, and annual docking.

Scale indicators6 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• V.Ships (V.Group): V.Ships is a global ship management and technical services company — both a PMS client and a competitor for third-party ship management and dry docking supervision contracts in Piraeus.
• Bernhard Schulte Shipmanagement (BSM): BSM is a major Greek-managed ship management group that competes with PMS for shipowners' technical management and dry-docking business, and is also a PMS customer.
• Hydrex (Hydrex NV): Hydrex is a direct competitor in underwater hull cleaning, propeller polishing and in-water surveys — an identical service line to PMS's diving division, recognized by major classification societies and operating globally with mobile dive teams.
• Subsea Industries (Subsea Industries NV): Subsea Industries specialises in underwater hull cleaning, propeller polish and in-water surface treatment — directly comparable to PMS's divers/underwater cleaning services for commercial shipping.

Broad incumbents

• Wilhelmsen Ships Service: Wilhelmsen Ships Service is a broad incumbent in marine services delivering spare parts supply, ship agency, and technical services globally through a multi-port network — overlapping heavily with PMS's spare parts brokerage and ship supplies business.
• Wärtsilä Marine Services: Wärtsilä Services delivers ship engine overhaul, lifecycle services, and digital performance monitoring across the marine industry, mirroring PMS's main/aux engine overhaul, spare parts, and lately digital monitoring offering through Ascenz Marorka.
• ThyssenKrupp Marine Systems (tkMS): tkMS is a broader shipbuilding and ship repair/marine engineering incumbent with global yard presence, overlapping with PMS on major structural and mechanical refits though at much larger scale.
• Alfa Laval Marine Service: Alfa Laval provides marine service centres, parts, and aftermarket support for purifiers, heat exchangers and boilers — overlapping with PMS spare parts brokerage and engine/mechanical overhaul work for similar fleet operators.
• Damen Shipyards (Services): Damen provides worldwide ship repair, refit and shipbuilding services through a network of yards and service hubs — overlapping with PMS's dry docking coordination, hull and mechanical work for commercial operators.

Regional players

• Port Said Marine Services: Port Said Marine Services is a regional ship service and diving operator in the East Mediterranean serving the Egyptian market — comparable in service mix (diving, supplies, parts) but geographically focused on a different port range than Greece.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/piraeusmarineservices.gr
• LinkedInlinkedin.com/company/piraeus-marine-services-s.a.

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 Piraeus Marine Services