North Sea Boats

What North Sea Boats does

North Sea Boats is a privately held Indonesian boat and shipbuilder founded in 2003 and headquartered in Banyuwangi, Indonesia, with international offices in Stockholm, Sweden and Singapore. The company designs and manufactures rigid inflatable boats (RIBs), catamarans, and trimarans across four primary segments: military/naval, law enforcement/patrol, search and rescue (SAR), and commercial/passenger. Its catalog spans more than 30 boat models, ranging from the high-end 63M FAC Trimaran fast attack craft and G7 Fast Interceptor (capable of 70+ knots) down to pleasure craft and the commercial C38 Cabin Rib Kai Koa passenger ferry operating daily Bali routes.

The company's core technology is a dual surface vacuum core resin infusion composite construction process using vinylester resins, multi-axial reinforcements, carbon fibre, E-Glass, Kevlar, and closed cell PVC core, paired with a wave-piercing trimaran hull architecture that delivers high stability, low pitching, and a stable weapons platform. Military vessels incorporate stealth characteristics that reduce radar, infrared, acoustic, and magnetic signatures, and the hulls are rated to withstand structural impacts exceeding 7G. Critical sub-systems are sourced from tier-1 partners: Kongsberg and CMI Defence for weapons integration, FLIR for thermal imaging, Raymarine for marine electronics, Ullman for shock-mitigation seating, MJP for waterjet propulsion, and MAN for main engines.

North Sea Boats operates a quote-based, custom-build revenue model with multi-year contract terms typical of defense procurement. Go-to-market is primarily direct enterprise field sales to navies, coast guards, and government defense programs, supplemented by defense industry exhibitions, a website product catalog, and minimal social media presence. It holds a DNVGL Patrol Boat (Hull) classification on its 63M FAC Trimaran. The company was founded and is led by Lizza Lundin and John Lundin as directors and co-founders, with the operational entity linked to 'Lundin Industry Invest' on the contact page.

Name

North Sea Boats

Legal name

North Sea Boats

Website

https://northseaboats.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

251–500 employees

Short description

North Sea Boats is an Indonesian private boat manufacturer designing composite military, law enforcement, search and rescue, and commercial vessels using advanced resin infusion technology. It serves navies and government agencies from offices in Indonesia, Sweden, and Singapore.

Ownership category

akta.pro rank

Product category

Military Vessel Manufacturing

NAICS

Ship Building and Repairing (336611), Boat Building (336612)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Patrol, Interceptor & Law-Enforcement Craft (Coast Guard, Customs) (IMAJADAD)

akta.pro secondary industries

Search & Rescue (SAR) & Lifeboats (IMAJADAI), Catamaran & Multihull Leisure Craft Manufacturing (IMAJAEAC)

Keywords

• Military boat manufacturing
• Patrol vessel construction
• Search and rescue boats
• Composite boat building
• High-speed interceptor craft

Headquarters

HQ city

Banyuwangi

HQ country

Indonesia

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Military and Defense Vessel Sales: Custom-built combat, patrol, and fast attack craft sold to navies and military organisations worldwide. Long sales cycles with customisation requirements.
2. Law Enforcement Vessel Sales: Patrol boats and interceptor craft for coast guard and maritime law enforcement agencies
3. Commercial and Pleasure Craft Sales: High-performance commercial boats including passenger ferries, sport fishing vessels, and pleasure craft sold to commercial operators and individuals

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

North Sea Boats designs and manufactures high-performance composite vessels — including RIBs, catamarans, and wave-piercing trimarans — for military combat, patrol, search and rescue, troop carrier, and commercial/pleasure applications. Production is based in Indonesia using dual surface vacuum core resin infusion with advanced materials such as carbon fibre, Kevlar, and E-Glass, and the company integrates third-party systems (Kongsberg weapons, FLIR thermal imaging, Ullman seating, MJP waterjets) into custom-built vessels sold directly to navies, law enforcement agencies, SAR organisations, and commercial operators.

Product overview

North Sea Boats is a maritime vessel manufacturer offering a diversified portfolio of rigid inflatable boats (RIBs), catamarans, and trimarans across military, law enforcement, SAR, commercial, and high-performance pleasure segments. The product lineup includes: Combat/Interceptor vessels (G7 Interceptor RIB, G7 Fast Interceptor, X18 Tankboat, X2K variants, Combat Interceptor, X19 Fast Patrol Boat) featuring advanced weapon systems, thermal imaging, and stealth capabilities; Patrol craft (X9, X10, X12 Patrol RIBs, X38 Patrol Catamaran, OPV Trimaran, Long Range Patrol Boat) for law enforcement and EEZ surveillance; Troop carriers (X18 ATC) with shock mitigation seating; SAR/Multi-purpose vessels (63M FAC Trimaran, 63M SAR Trimaran, X22 SAR Catamaran, X8.5M, X7.5M Multi-Role RIBs) including helicopter-capable platforms; and Commercial/Pleasure boats (C38 Cabin Rib Kai Koa, C38 Sea Rider, C38 Carbotech, X2K Sport Fishing, Predator Catamaran, Duffy Duck). Production employs advanced composite construction techniques including dual surface vacuum core resin infusion with carbon fiber, Kevlar, E-Glass, and closed-cell PVC core materials.

Differentiator

Problem solved

Functional benefit

Products and services

• G7 Interceptor RIB High-speed combat interceptor RIB designed for boat interception scenarios exceeding 70 knots, featuring shock mitigation seating and operational agility for precision targeting; intended for military and law enforcement customers.
• 63M FAC Trimaran Wave-piercing trimaran Fast Attack Craft with stealth design characteristics minimising detection by reducing radar, infrared, acoustic, and magnetic signatures; capable of 28 knots cruising speed, 2000Nm range, and a helicopter-capable deck; intended for naval operators.
• G7 Fast Interceptor Advanced combat interceptor with thermal vision, acoustic multi-mission system, Doppler radar with CHIRP pulse compression, and 12.7mm Remote Weapon Station; vacuum-infused carbon fiber deep-V hull; reaches 60-70+ knots with a 3x400HP configuration; intended for military customers.
• X18 ATC (Troop Carrier) High-speed troop carrier boat with capacity for 5 crew and 60 troops, exceeding 50 knots; features Ullman shock mitigation seats, ballistic protection equipment, and 3x400HP outboard motors; intended for military troop transport operations.
• C38 Cabin Rib Kai Koa Pleasure and water sport vessel described as Bali's fastest passenger boat with 8 seats, reaching 50+ knots; features infused carbon composite hull and shock-mitigation carbon fiber seats; operates 3 daily Sanur–Lembongan schedules; intended for commercial passenger ferry operators and passengers.
• X18 Tankboat Tank boat variant configured for military patrol operations; intended for naval and military customers.
• X38 Combat Cat Combat-configured catamaran built for military patrol and interception operations; intended for naval and military customers.
• X2K Special Ops RIB Special operations RIB designed for high-speed covert operations; intended for military special operations forces.
• X2K Special Forces RIB Special forces RIB built for military special operations deployments; intended for military special forces customers.
• X12 Patrol Boat Patrol boat for law enforcement and coast guard operations; intended for coast guard and law enforcement agencies.
• X9 Patrol RIB Patrol RIB used for coastal and law enforcement operations; intended for coast guard and law enforcement agencies.
• X10 Patrol RIB Patrol RIB for coastal and law enforcement operations; intended for coast guard and law enforcement agencies.
• X38 Patrol Catamaran Catamaran-configured patrol boat for law enforcement operations; intended for coast guard and law enforcement agencies.
• OPV Trimaran Offshore Patrol Vessel with trimaran hull design for extended patrol operations; intended for coast guard, navies, and maritime security customers.
• X19 Fast Patrol Boat Fast patrol boat for coastal security operations; intended for coast guard and naval patrol customers.
• Long Range Patrol Boat Extended range patrol vessel designed for EEZ and long-duration operations; intended for coast guard and maritime security customers.
• Combat Interceptor Combat-configured interceptor for military engagement scenarios; intended for military and naval customers.
• X2K Interceptor RIB Interceptor RIB variant engineered for rapid response operations; intended for military and law enforcement customers.
• X2K Interceptor variant built for high-speed interception operations; intended for military and law enforcement customers.
• 63M SAR Trimaran Search and rescue trimaran for maritime rescue operations with helicopter landing capability; intended for coast guard and SAR organisations.
• X22 SAR Catamaran Search and rescue catamaran for maritime rescue operations; intended for coast guard and SAR organisations.
• X8.5M Multi-Role RIB Multi-role RIB for various commercial and operational applications; intended for multi-purpose operational buyers.
• X7.5M Multi-Role RIB Multi-role RIB for various commercial and operational applications; intended for multi-purpose operational buyers.
• C38 Sea Rider Cabin RIB variant for commercial and pleasure applications; intended for commercial operators and private buyers.
• C38 Carbotech Boat Carbon fiber technology boat for commercial and pleasure use; intended for commercial operators and private buyers.
• X2K Sport Fishing Sport fishing variant of the X2K platform; intended for sport fishing operators and private buyers.
• Predator Catamaran Catamaran designed for commercial and pleasure applications; intended for commercial operators and private buyers.
• Duffy Duck Pleasure boat model for leisure use; intended for individual leisure buyers.
• X2K Satomi Pleasure boat variant named Satomi; intended for individual leisure buyers.
• Jetsky Colar Personal watercraft for commercial or leisure use; intended for commercial operators and individual leisure buyers.
• Cendrawasih Commercial vessel named after the Bird of Paradise; intended for commercial operators.
• Penguin Boat Commercial vessel model for commercial buyers.

Quantifiable outcome

• 70+ knots maximum speed for interceptor vessels
• +3 more outcomes

Segments4 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

Six partnerships are on record, tiered core.

• KongsbergcoreTechnology or IntegrationNorwegian defense technology company providing advanced weapons and sensors integration for North Sea Boats' military vessels.
• UllmancoreTechnology or IntegrationSupplier of carbon fiber shock mitigation seats for high-speed patrol and combat vessels, reducing crew fatigue during high-speed operations.
• MJP (Murray & Pumps)coreTechnology or IntegrationProvider of waterjet propulsion systems for high-speed vessels, including MJP 550 waterjets installed on 63M FAC Trimaran.
• PindadcoreStrategic or Co-development PartnerIndonesian state-owned defense company and strategic partner for domestic defense production and military vessel programs.
• PAL (PT PAL Indonesia)coreStrategic or Co-development PartnerIndonesian state-owned shipyard and strategic partner for shipbuilding and naval vessel production programs.
• MANcoreTechnology or IntegrationMain engine provider for larger vessels, including 4x1800HP MAN V12 engines for 63M FAC Trimaran.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Fassmer: German shipyard producing SAR vessels, fast patrol craft and special purpose boats for navies and coast guards; overlaps with North Sea Boats' SAR trimaran and patrol range.
• Safe Boats International: US manufacturer of aluminum patrol boats, RIBs and response craft for military, law enforcement and SAR agencies; directly competes in the patrol and special operations RIB segments.
• CMN (Constructions Mécaniques de Normandie): French builder of fast attack craft, OPVs and interceptor vessels for navies worldwide; competes in the same high-speed military vessel category.
• Willard Marine: US builder of composite and aluminum military, government and commercial boats including patrol and special operations craft; comparable scale and customer overlap with North Sea Boats.
• Metal Shark: US aluminum boat builder supplying military, law enforcement and commercial patrol vessels globally; competes head-to-head in patrol RIB and military craft offerings.
• Incat: Tasmanian builder of large high-speed wave-piercing catamarans and trimarans for defense and commercial customers; overlaps with North Sea Boats on high-speed multihull military and commercial vessels.
• Austal: Australian shipbuilder of high-speed military trimarans, patrol catamarans and fast attack craft for the US Navy and other navies; direct competitor in fast attack and patrol trimaran/catamaran platforms.
• FB Design: Italian specialist in high-performance military and law enforcement RIBs and patrol craft; comparable in product type, materials technology and customer base for high-speed interceptors.
• Ufast: French manufacturer of composite fast patrol boats and military craft for government and commercial clients; comparable product line and target customers.

Broad incumbents

• Damen: Large Dutch shipbuilding group with an extensive patrol, SAR, OPV and fast attack craft portfolio serving navies globally; broader incumbent rather than a focused niche specialist.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/northseaboat
• Instagraminstagram.com/ptlundin
• Xx.com/NorthSeaBoats
• LinkedInlinkedin.com/company/northseaboats

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 North Sea Boats