SHM Solutions
- Company typePrivate
- Founded2013
- HeadquartersMolde, Norway
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
SHM Solutions firmographics
Firmographics- Name
- SHM Solutions
- Legal name
- SHM Solutions AS
- Website
- https://shmsolutions.no
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
SHM Solutions industry classification
Industry- Product category
- Marine Deck Equipment
- NAICS
- Ship Building and Repairing (336611), Overhead Traveling Crane, Hoist, and Monorail System Manufacturing (333923)
- SIC
- Ship & Boat Building & Repairing (3730), Special Industry Machinery (No Metalworking Machinery) (3550)
- akta.pro primary industry
- Deck Machinery & Mooring Systems (Winches, Windlasses, Capstans) (IMAJAIAA)
- akta.pro secondary industries
- Cargo Handling & Lifting Equipment (Cranes, Derricks, Hoists) (IMAJAIAB), Life-Saving Appliances & Safety Equipment (Davit Systems, Lifeboats, Firefighting) (IMAJAIAG), Piping, Valves & Pumps (Deck/Service Systems Components) (IMAJAIAI)
Keywords
Where SHM Solutions is headquartered
LocationHeadquarters
- HQ city
- Molde
- HQ country
- Norway
- HQ region
- Europe
Offices4 records
Markets served
SHM Solutions business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Deck Equipment Sales: Sale of maritime deck equipment including winches, mooring systems, shark jaws, towing pins, and associated hardware. Products include standard configurations and custom-tailored solutions for specific vessel requirements.
- Marine Cranes: Sale of SHM-branded knuckle boom cranes (50tm-600tm capacity range) and Effer marine cranes as distributor. Includes integrated HPUs and control systems.
- Hydraulic Systems: Complete hydraulic system design and supply including valve racks, safety systems, hydraulic power units, PTO systems, and hybrid configurations. Delivered as complete drawing packages for shipyards.
- Service & Support: 24/7 service department offering maintenance, annual inspections/certifications (NMA approved), spare parts supply, and premium service agreements. 3-year warranty on all deck equipment.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom quotation based on vessel specifications |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
SHM Solutions product offering
Product offeringCore offering
SHM Solutions AS designs, manufactures, and integrates maritime deck equipment (winches, mooring locks, rope locks, shark jaws, towing pins, A-frames, stern rollers), hydraulic and hybrid power systems, and a proprietary control system, primarily for Norwegian aquaculture service and work boats, and also for offshore support vessels, rescue vessels, and commercial fishing. The company supplies complete engineered packages, including exclusive Norwegian distribution of Effer marine cranes, with installation, commissioning, certification, and 24/7 service support.
Product overview
SHM Solutions is a total supplier of maritime deck equipment and integrated systems for work boats and service vessels, particularly serving the aquaculture industry. The product portfolio comprises multiple interconnected systems: Deck Equipment (winches, mooring locks, rope locks, shark jaws, towing pins, stern rollers, chain hangers, hydraulic hatches, and special projects), Cranes and Lifting Devices (proprietary SHM Marine knuckle boom cranes, A-frames, ROV LARS, plus Effer marine cranes as a partner brand), Hydraulic Systems (valve racks, safety systems, HPUs, PTO-systems, and hybrid PMS systems), and a proprietary Control System that integrates all deck equipment with bridge control, deck panels, and radio remote units. The company also offers propulsion products including Kort Propulsion thrusters and Wills Ridley steering machines through partnerships.
Differentiator
Problem solved
Functional benefit
Brands
- SHM HHC (SHM Marine Knekkbomkraner): Patented A-frame for efficient handling of live fish hoses with horizontal stowing capabilities.
- SHM T-Lock
Products and services
- SHM T-Lock Rope Lock Patented SHM T-Lock rope lock providing secure rope locking with emergency release for mooring and towing operations on work boats and service vessels; built for harsh, salty maritime environments and compliant with Norwegian Maritime Authority requirements.
- SHM Mooring Lock Patented SHM Mooring Lock with emergency-release function compliant with Norwegian Maritime Authority regulations FOR-2652 and FOR-1072, used for safe mooring of service vessels.
- SHM Haikjeft (Shark Jaw) Patented SHM Haikjeft shark jaw providing hinged capture and release for towing pins and shark-jaw operations on work boats and offshore vessels.
- SHM LGR Towing Pins Patented SHM LGR 2-in-1 towing pins for towing-pin handling on deck, combining two functional modes in a single unit to reduce manual handling.
- SHM HHC A-Frame Patented SHM HHC A-frame with modular quick-change design for deck-handling operations on service vessels, reducing vessel downtime during component replacement.
- SHM Winches Complete SHM winch portfolio including anchor handling and towing winches, standard winches, electrical winches, storage winches, tugger winches, capstan, and windlass units for maritime work boats and service vessels.
- SHM Stern Roller SHM stern roller for handling ropes and lines at the stern of service and work boats.
- SHM Rope Reel SHM rope reel for storage and controlled deployment of mooring and working rope on deck.
- SHM Rope Cleaner SHM rope cleaner for cleaning and maintaining working rope and hawsers during deck operations.
- SHM Chain Hanger SHM chain hanger for securing and handling anchor and mooring chain on the deck of work boats and service vessels.
- SHM Hydraulic Hatches SHM hydraulic hatches for hydraulically operated deck-access hatches on service vessels.
- SHM Valve Rack SHM valve rack for organized routing and control of hydraulic valves on the deck of service vessels.
- SHM Special Projects and Rope Pre-tensioning Unit (RCU) SHM Special Projects encompasses custom-designed deck equipment solutions, including the RCU (Rope Pre-tensioning Unit) capable of pre-stretching rope and hawsers up to 110mm diameter with 10 tonnes of pulling force.
- SHM Marine Knuckle Boom Cranes SHM marine knuckle boom cranes for deck cargo handling and lifting operations on work boats and service vessels.
- Effer Marine Cranes (Norwegian Distribution) Effer marine cranes distributed by SHM Solutions in Norway, sold to vessel operators and shipyards as part of the company's deck-equipment portfolio under its exclusive Norwegian distribution arrangement.
- SHM ROV LARS SHM ROV Launch and Recovery System (LARS) for safe deployment and recovery of ROVs from service vessels.
- SHM Davit SHM davit for handling workboats, lifeboats, and other equipment on the side or stern of a vessel.
- SHM Hydraulic Power Unit (HPU) SHM Hydraulic Power Unit (HPU) providing hydraulic power to deck equipment and machinery on service vessels.
- SHM PTO-System SHM Power Take-Off (PTO) system interfacing vessel engines with hydraulic equipment for power transmission on deck machinery.
- SHM Hybrid System (PMS) SHM Hybrid System (PMS) electro-hydraulic Power Management System for energy-efficient integration of electrical and hydraulic power on service vessels.
- Thrusters (Kort Propulsion) Thrusters from Kort Propulsion supplied and integrated by SHM Solutions as part of its hydraulic and propulsion offering for service vessels.
- Steering Machines (Wills Ridley) Steering machines from Wills Ridley supplied and integrated by SHM Solutions as part of its steering and control offering for service vessels.
- SHM Control System SHM Control System providing centralized control of deck equipment and hydraulic systems via the 'Take Command' operator interface, with remote VPN diagnostics for 24/7 support.
- SHM Service and Support SHM Service and Support covering installation, commissioning, warranty support, annual NMA certification of release mechanisms (FOR-2652, FOR-1072), and 24/7 customer support including remote VPN diagnostics.
Quantifiable outcome
- Emergency release of all loads within 10 seconds
- +3 more outcomes
Companies that use SHM Solutions
Customer profileNamed customers14 records
Segments3 records
Ideal customer profiles4 records
SHM Solutions technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature8 records
SHM Solutions partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered regional and core.
- YMEKregionalPartner located in Lødingen (Sjøvegen 38, 8410) providing regional support and service capabilities in northern Norway.
- Bømlo Skipsservice ASregionalPartner located in Bømlo (Hovlandsvegen 240, 5443) providing service and support capabilities for western Norway operations.
- Moen Verft ASregionalShipyard partner in Ottersøya (Eidshaugvegen 24, 7940) for newbuild installations and refit projects.
- Moen Skjervøy ASregionalShipyard partner in Skjervøy (Sandøra 135, 9180) for vessel construction and equipment installation.
- Ballstad Slip ASregionalShipyard and slip partner in Ballstad (Øyaveien 69, 8373) providing service and maintenance capabilities in Lofoten region.
- Effer (Fassi Group)coreAuthorized distributor of Effer marine cranes in Norway. SHM provides spare parts, service, and annual control for Effer marine cranes.
- Kort PropulsioncoreProvider of tunnel thrusters (hydraulic 35-350hp, electric 50-1000kW) and Kort nozzle technology. Over 90 years of maritime innovation.
- Wills RidleycoreSupplier of steering machines with type approvals for various classification societies.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
SHM Solutions competitors and assessment
Company assessmentEmerging players
- Caley Ocean Systems: UK-based supplier of deck equipment, winches and handling systems for offshore vessels and aquaculture. Emerging player — overlapping deck machinery capability with growing focus on aquaculture service vessels in Scotland and Norway.
- OUCO Marine: Chinese manufacturer of marine cranes and deck equipment offering lower-cost alternatives to European suppliers. Emerging player — competes on price in the global marine crane and winch category but lacks SHM's aquaculture specialization and Norwegian regulatory certifications.
Broad incumbents
- MacGregor (Cargotec): Global leader in marine deck machinery, mooring systems and load-handling equipment for offshore, cargo and naval vessels. Broad incumbent — significantly larger scale, overlapping categories (winches, shark jaws, tow pins, cranes) across most vessel segments.
- Palfinger Marine: Austrian/global manufacturer of marine cranes, davits and lifting solutions for offshore and commercial vessels. Broad incumbent — overlaps with SHM's marine crane, davit and lifting-device product lines and serves similar shipyard customers at much larger scale.
- TTS Group (now part of MacGregor): Global supplier of marine and offshore deck equipment including winches, cranes and cargo handling gear. Broad incumbent — directly competes in deck machinery with SHM but at much larger scale and broader vessel coverage.
Direct peers
- Karm Winches: Norwegian maker of marine winches and deck equipment for offshore and fishing vessels. Direct peer — overlapping winch and handling-equipment product set, same Norwegian maritime customer base.
- Rapp Hydema: Norwegian manufacturer of marine deck machinery (winches, cranes, deck equipment) for offshore and commercial vessels. Direct peer — overlapping product lines including winches and handling equipment, similar Norwegian industrial customer base.
Regional players
- Hatteland (Auto-Maskin): Norwegian supplier of marine electronics, controls and deck machinery. Regional peer — overlaps with SHM on control systems and selected deck equipment for Nordic commercial and workboat markets.
Others
- Akva Group / Steinsvik: Norwegian aquaculture technology supplier providing net pens, feeding systems, sensors and service vessels to salmon farmers — many of which are SHM customers. Adjacent rather than competing; same end customer (Norwegian salmon farmers) and potential channel partner or acquirer.
- Effer (Fassi Group): Italian manufacturer of marine knuckle boom cranes and heavy-duty loader cranes, distributed in Norway by SHM Solutions. Listed as partner in the data — overlaps with SHM's crane product line and is the upstream brand for SHM's distribution agreement.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
SHM Solutions social profiles
Digital presenceSHM Solutions financial estimates
Financial estimateRevenue estimate
Valuation estimate
SHM Solutions leadership team
Management profileNumber of profiles
Profiles9 records
SHM Solutions funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SHM Solutions M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SHM Solutions
What does SHM Solutions do?
SHM Solutions AS designs, manufactures, and integrates maritime deck equipment (winches, mooring locks, rope locks, shark jaws, towing pins, A-frames, stern rollers), hydraulic and hybrid power systems, and a proprietary control system, primarily for Norwegian aquaculture service and work boats, and also for offshore support vessels, rescue vessels, and commercial fishing. The company supplies complete engineered packages, including exclusive Norwegian distribution of Effer marine cranes, with installation, commissioning, certification, and 24/7 service support.
Is SHM Solutions a public or private company?
SHM Solutions is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was SHM Solutions founded?
SHM Solutions was founded in 2013. It employs 11 to 50 people.
Where is SHM Solutions based?
SHM Solutions is headquartered in Molde, Norway, in the Europe region.
How does SHM Solutions make money?
Four revenue lines are on record. Deck Equipment Sales are the primary driver. The others are marine Cranes, hydraulic Systems and service & Support.
Who are SHM Solutions's main competitors?
Emerging players on record are Caley Ocean Systems and OUCO Marine. Broad incumbents are MacGregor (Cargotec), Palfinger Marine and TTS Group (now part of MacGregor). Direct peers are Karm Winches and Rapp Hydema. Hatteland (Auto-Maskin) is listed as a regional player. Others are Akva Group / Steinsvik and Effer (Fassi Group).
Does SHM Solutions have an API?
No public API is recorded for SHM Solutions.
What industry is SHM Solutions in?
SHM Solutions's product category is Marine Deck Equipment. Its primary akta.pro industry code is IMAJAIAA, Deck Machinery & Mooring Systems (Winches, Windlasses, Capstans), with a secondary code of IMAJAIAB, Cargo Handling & Lifting Equipment (Cranes, Derricks, Hoists). Its NAICS code is 336611 and its SIC code is 3730.