Debmarine Namibia
- Company typePrivate
- Founded2002
- HeadquartersWindhoek, Namibia
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
Debmarine Namibia firmographics
Firmographics- Name
- Debmarine Namibia
- Legal name
- Debmarine Namibia
- Website
- https://debmarine.com
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Ownership category
- akta.pro rank
Debmarine Namibia industry classification
Industry- Product category
- Marine Diamond Mining
- NAICS
- Nonmetallic Mineral Mining and Quarrying (2123)
- SIC
- Mining & Quarrying Of Nonmetallic Minerals (No Fuels) (1400)
- akta.pro primary industry
- Exploration & Production Drilling Services (RC, Core, Directional, Sonic, Auger) (IMAKAKAB)
Keywords
Where Debmarine Namibia is headquartered
LocationHeadquarters
- HQ city
- Windhoek
- HQ country
- Namibia
- HQ region
- Africa
Offices4 records
Markets served
Debmarine Namibia business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Technology or R&D, Supply Chain
Revenue model
- Marine Diamond Mining and Sales: Debmarine Namibia operates marine diamond mining operations extracting diamonds from offshore deposits along Namibia's southwestern coast. Diamonds are sold through De Beers' global sales channels, with the Government of Namibia holding 50% ownership stake.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels8 records
Debmarine Namibia product offering
Product offeringCore offering
Debmarine Namibia conducts offshore marine diamond prospecting and recovery operations within the Atlantic 1 Mining Licence Area (ML47), extracting diamonds from water depths of 90–140 meters approximately 20 kilometres off the southwestern coast of Namibia. The company uses specialized mining vessels — including mv Mafuta (the world's largest marine diamond mining vessel) and mv SS Nujoma — along with proprietary sub-sea diamond recovery and treatment plant systems to recover diamonds from marine sediment. Recovered diamonds are sold through De Beers' global sales channels (Sightholder sales and auctions).
Product overview
Debmarine Namibia operates as a joint venture marine diamond prospecting and recovery company, owned in equal shares by the Government of the Republic of Namibia and De Beers. The company's core offering is offshore marine diamond mining operations, extracting diamonds from deepwater marine deposits off Namibia's southwestern coast. Supporting the mining operations, the company offers educational social programs including the Diamond Award for Science scholarship and bursary scheme. The mining fleet includes specialized vessels such as the mv SS Nujoma and mv Mafuta, the world's largest marine diamond mining vessel.
Differentiator
Problem solved
Functional benefit
Products and services
- Marine Diamond Mining Operations Offshore extraction and recovery of marine diamonds from depths of 90–140 meters approximately 20 kilometres off Namibia's southwestern coast. Output is sold through De Beers' global Sightholder sales and auction network to enterprise buyers in the global diamond industry.
Quantifiable outcome
- Record production of 1.273 million carats achieved in 2014
- +2 more outcomes
Companies that use Debmarine Namibia
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
Debmarine Namibia technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Debmarine Namibia partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- Government of Namibiacore50% joint venture partner in Debmarine Namibia since 2011. Government increased shareholding from 15% to 50%, making Debmarine Namibia equally owned by the Government of Namibia and De Beers.
- De Beerscore50% joint venture partner owning equal shares with the Government of Namibia since 2011. De Beers Marine Namibia transitioned to Namibia with production vessels transferred in 2001-2002.
- Ministry of Agriculture, Fisheries, Water and Land Reform (MAWLR)coreGovernment ministry partnered with Debmarine Namibia for World Ocean Day 2026 commemoration. Debmarine Namibia supports ministry's ocean conservation and monitoring initiatives.
- Namibia Miners Investment Trust Investment Company (NAMITVEST)minorSigned historic Payroll Deduction Agreement with Debmarine Namibia to enhance financial inclusion and investment participation for employees through NAMITVEST.
- Namibian Police Force and NavycoreSecurity partnerships with Namibian Police Force and Navy for protecting Namibia's strategic marine resources and operational security at sea.
- University of Namibia (UNAM)minorReceived benthic macrofauna samples from Debmarine Namibia for building species reference collection, serving as teaching aids for undergraduate students and workshops.
- Namibia University of Science and Technology (NUST)minorReceived benthic macrofauna samples from Debmarine Namibia for building species reference collection and marine taxonomy capacity building.
- Southern African Institute of Mining and Metallurgy (SAIMM) Namibia BranchminorDebmarine Namibia actively participates in SAIMM Namibia Branch events including Innovation in Mining Forum and technical presentations in Swakopmund.
Scale indicators9 records
Recent moves8 records
Expansion highlights5 records
Debmarine Namibia competitors and assessment
Company assessmentDirect peers
- Petra Diamonds: Petra Diamonds operates diamond mines in South Africa and Tanzania, producing high-quality rough diamonds for global markets. As a focused, multi-mine diamond producer of similar scale and product quality, Petra is a direct comparable for Debmarine's upstream diamond production economics.
- Namdeb Diamond Corporation: Namdeb is a 50/50 joint venture between the Government of Namibia and De Beers, operating land-based diamond mining along Namibia's southern coast. It shares the same parent ownership structure, geographic base, and diamond mining focus as Debmarine Namibia, making it the closest direct peer.
- Lucara Diamond Corp: Lucara Diamond operates the Karowe mine in Botswana, known for producing large, high-value rough diamonds including specialty stones. As a focused diamond producer competing in the global rough diamond market with comparable product positioning, Lucara is a direct peer for diamond pricing dynamics.
- Gem Diamonds: Gem Diamonds operates the Letšeng mine in Lesotho, producing large, high-value rough diamonds. As a focused mid-tier diamond producer competing in the same rough diamond supply market, Gem Diamonds is a direct peer for benchmarking production economics and pricing dynamics.
- Mountain Province Diamonds: Mountain Province Diamonds holds a 49% interest in the Gahcho Kué mine in Canada, one of the world's largest new diamond mines. As a publicly-listed diamond producer competing in global rough diamond markets, Mountain Province is a direct comparable for production scale and operational economics.
Broad incumbents
- Alrosa: Alrosa is the world's largest diamond producer by volume, mining rough diamonds across Russia. As a state-controlled major diamond miner with comparable upstream extraction focus, Alrosa is a broad incumbent peer for any major natural diamond producer including Debmarine Namibia.
- Rio Tinto: Rio Tinto's Diamonds group previously operated the Argyle mine in Australia and Diavik in Canada, giving it significant rough diamond production capability alongside its diversified mining portfolio. As a major diversified miner with diamond exposure, Rio Tinto is a broad incumbent comparable for understanding capital-intensive diamond operations.
- De Beers Group: De Beers is the 50% parent company of Debmarine Namibia and the world's leading diamond company operating across exploration, mining, sorting, and sales globally. As the broader incumbent in the diamond value chain with significant mining, marketing, and distribution scale, De Beers is a direct comparable for Debmarine's parent-backed business model.
- Anglo American: Anglo American is the ultimate parent of De Beers and one of the world's largest diversified mining companies. As the corporate parent with significant stake in Debmarine's operations and global mining scale, Anglo American is a broad incumbent peer for evaluating the strategic context and capital allocation framework behind Debmarine.
Emerging players
- Stornoway Diamond Corporation: Stornoway Diamond operates the Renard mine in Quebec, Canada, producing rough diamonds for global markets. As a mid-tier diamond producer focused on a single primary operation, Stornoway provides a comparable scale benchmark for single-mine diamond production economics similar to Debmarine's single-license-area model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Debmarine Namibia social profiles
Digital presenceDebmarine Namibia financial estimates
Financial estimateRevenue estimate
Valuation estimate
Debmarine Namibia leadership team
Management profileNumber of profiles
Profiles5 records
Debmarine Namibia funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Debmarine Namibia 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 Debmarine Namibia
What does Debmarine Namibia do?
Debmarine Namibia conducts offshore marine diamond prospecting and recovery operations within the Atlantic 1 Mining Licence Area (ML47), extracting diamonds from water depths of 90–140 meters approximately 20 kilometres off the southwestern coast of Namibia. The company uses specialized mining vessels — including mv Mafuta (the world's largest marine diamond mining vessel) and mv SS Nujoma — along with proprietary sub-sea diamond recovery and treatment plant systems to recover diamonds from marine sediment. Recovered diamonds are sold through De Beers' global sales channels (Sightholder sales and auctions).
Is Debmarine Namibia a public or private company?
Debmarine Namibia is a private company. It is classified as corporate owned and is currently operating.
When was Debmarine Namibia founded?
Debmarine Namibia was founded in 2002. It employs 501 to 1,000 people.
Where is Debmarine Namibia based?
Debmarine Namibia is headquartered in Windhoek, Namibia, in the Africa region.
How does Debmarine Namibia make money?
One revenue line is on record: marine Diamond Mining and Sales.
Who are Debmarine Namibia's main competitors?
Direct peers on record are Petra Diamonds, Namdeb Diamond Corporation, Lucara Diamond Corp, Gem Diamonds and Mountain Province Diamonds. Broad incumbents are Alrosa, Rio Tinto, De Beers Group and Anglo American. Stornoway Diamond Corporation is listed as an emerging player.
Does Debmarine Namibia have an API?
No public API is recorded for Debmarine Namibia.
What industry is Debmarine Namibia in?
Debmarine Namibia's product category is Marine Diamond Mining. Its primary akta.pro industry code is IMAKAKAB, Exploration & Production Drilling Services (RC, Core, Directional, Sonic, Auger). Its NAICS code is 2123 and its SIC code is 1400.