North Point Marine & Industrial

Name

North Point Marine & Industrial

Legal name

North Point Marine & Industrial, Inc.

Website

https://www.northpointmarine.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Marine Repair Services

NAICS

Ship Building and Repairing (336611), Ship and Boat Building (33661)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Engine & Mechanical Overhaul (Main/Aux Engines, Pumps, Valves, Compressors) (TLAHAMAD)

akta.pro secondary industries

Marine Outfitting & Interior Refurbishment (TLAKAKAL), Electrical, Automation & Control Systems Repair (TLAKAKAG), Marine Electrical Installation, Commissioning & Field Services (IMAJAJAL)

Keywords

• Marine repair services
• Ship repair contractor
• Vessel maintenance services
• Hydraulic systems repair
• Mobile marine services

Headquarters

HQ city

Portsmouth

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Marine Repair Services: Full-service marine repair contractor providing general ship repair services to maritime operators. Revenue generated through service contracts for repairs performed at port or underway.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

North Point Marine & Industrial is a mobile, full-service marine repair contractor specializing in general ship repair. The company dispatches coast-to-coast response crews supervised by USCG licensed Chief Engineers to deliver machine shop services, electric motor repair, hydraulic systems overhaul, laser alignment, certified welding, sea valve servicing, and scheduled dry docking both in port and underway.

Product overview

North Point Marine & Industrial is a mobile, full-service marine repair contractor offering a comprehensive suite of ship repair and industrial services. The company provides machine shop services, electric motor repair, complete hydraulic systems repair, state-of-the-art laser alignment services, scheduled dry docking, certified welding, and complete sea valve servicing. Services are delivered through coast-to-coast mobile response crews supervised by USCG licensed Chief Engineers, capable of performing repairs both in port and underway. The portfolio includes past performance with various US Navy vessels, US Coast Guard cutters, Norwegian Cruise Line ships, and other maritime operators.

Differentiator

Problem solved

Functional benefit

Products and services

• Machine Shop Services
• Electric Motor Repair
• Complete Hydraulic Systems Repair
• State of the Art Laser Alignment Services
• Scheduled Dry Docking
• Certified Welding Services
• Complete Sea Valve Servicing
• Coast-to-Coast Mobile Repair Services

Named customers20 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

Feature4 records

Scale indicators2 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• Epsilon Systems Solutions: Epsilon Systems is a privately held technical services company providing marine engineering, repair, and sustainment services to US Navy, Coast Guard, and commercial fleets. Highly comparable mobile/shipyard marine services portfolio with similar federal and commercial customer base as NPMI.
• Valkyrie Enterprises: Valkyrie Enterprises provides marine engineering, technical, and industrial services to federal and commercial maritime customers, including hull, mechanical, and electrical (HM&E) repair. Comparable as a mid-size marine services contractor competing for similar Navy and Coast Guard maintenance work.
• Q.E.D. Systems: Q.E.D. Systems is a marine services and industrial solutions contractor supporting Navy, Coast Guard, and commercial vessels with ship repair, technical services, and field support. Directly comparable as a private marine MRO services provider targeting similar federal customers.
• East Coast Repair & Fabrication: East Coast Repair & Fabrication provides ship repair, machining, welding, and marine industrial services to commercial and government customers along the US East Coast. Comparable as a regional marine repair contractor with similar multi-trade capabilities.
• Marine Maintenance Corporation: Marine Maintenance Corporation delivers afloat and pier-side ship repair services for Navy, Coast Guard, MSC, and commercial vessels. Highly comparable mobile marine services model and federal customer base.
• Bay Ship & Yacht Co. Bay Ship & Yacht is a full-service shipyard on the US West Coast providing commercial vessel repair, marine machining, welding, and industrial services. Comparable as a multi-trade marine repair and alteration provider serving regional maritime customers.
• Atlantic Marine Inc. Atlantic Marine provides ship repair, fabrication, and industrial services to commercial and government maritime customers across the US East and Gulf Coasts. Comparable as a regional marine repair contractor with similar service mix to NPMI.

Broad incumbents

• Vigor Industrial: Vigor Industrial is one of the largest US ship repair, conversion, and fabrication companies operating full-service shipyards on both US coasts. Comparable as a broader incumbent providing marine repair and overhaul services across shipyard and afloat scopes, but at materially larger scale than NPMI.
• Pacific Shipyards International: Pacific Shipyards International operates full-service shipyards in Hawaii providing commercial and federal vessel repair, including cruise and Navy work. Comparable as a broader incumbent shipyard competing for Pacific-region maritime repair contracts that NPMI may also pursue.
• Norfolk Naval Shipyard (Huntington Ingalls): Huntington Ingalls owns and operates Norfolk Naval Shipyard and other public/private shipyards providing Navy maintenance and modernization. Comparable as a broader incumbent that competes for federal vessel maintenance work NPMI also serves, but at vastly larger scale and depot-level scope.

Market position

Strengths4 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 North Point Marine & Industrial