Sea Horse Services

What Sea Horse Services does

Sea Horse Services Sdn. Bhd. is a Malaysian private engineering services and specialty coatings company founded in 2006, headquartered in Petaling Jaya, Selangor, with a manufacturing and R&D facility in Seremban, Negeri Sembilan. The company provides proprietary protective coatings, corrosion engineering services, civil and mechanical engineering, surface preparation (Wet Abrasive Blasting and Ultra High Pressure Water Jet), and underwater inspection, welding, and repair — the latter delivered via a team of qualified commercial divers. It primarily serves enterprise clients in Malaysia's oil & gas, marine, power generation, and construction industries.

The product portfolio centers on the proprietary AQUA-series epoxy and polyurethane coatings — over 17 SKUs spanning primers, glass-flake barriers, high-temperature (up to 250°C) hybrid siloxane coatings, intumescent fire protection, drinking-water tank linings, self-polishing antifouling systems, waterproofing membranes, and tank linings. These are complemented by specialized products including HULL KOAT anti-fouling (IMO/Bureau Veritas certified), KON-TAC composite pipe-support isolators, SKIDFREE anti-skid systems, RUST CONTACT V rust converter, FLANGE PROTECTION SYSTEM, QUICK SEAL epoxy adhesive, and UNIVERSAL DEGREASER L-7. The company describes its products as meeting local and international HSE and industrial standards.

Sea Horse Services operates as the sole agent for its value-added chemical product range and runs a direct enterprise sales motion with project-based, quote-driven pricing. Revenue is generated from one-time product sales, professional engineering services, and on-site installation/maintenance contracts, including multi-year engagements. Named customers include Tenaga Nasional Berhad, Petronas Gas Berhad, and Shell Oil. Distribution is concentrated in Malaysia with regional (Southeast Asia) scope. Marketing is conducted primarily through the company website and direct contact channels; no external funding or parent ownership is disclosed.

Name

Sea Horse Services

Legal name

Sea Horse Services Sdn. Bhd.

Website

https://seahorseservices1.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Sea Horse Services Sdn. Bhd. is a Malaysian engineering services and specialty coatings company founded in 2006, providing proprietary AQUA-series protective coatings, corrosion protection, surface preparation, and underwater inspection and repair services to enterprise clients in Malaysia's oil & gas, marine, construction, and power generation industries.

Ownership category

akta.pro rank

Product category

Industrial Protective Coatings and Corrosion Engineering Services

NAICS

Ship Building and Repairing (336611)

SIC

Paints, Varnishes, Lacquers, Enamels & Allied Prods (2851), Ship & Boat Building & Repairing (3730), Coating, Engraving & Allied Services (3470)

akta.pro industry

PRIMARYIMAEAGAD

Marine & Offshore Coatings

Industrials, Manufacturing & Construction/Chemicals & Industrial Materials/Coatings, Adhesives & Sealants

SECONDARYIMAJAKAJ

Coatings, Corrosion Protection & Anti-Fouling Systems

Industrials, Manufacturing & Construction/Marine & Shipbuilding/Shipbuilding Materials & Components (Steel, Aluminum, Composites, Prefab Modules)

SECONDARYTLAHAMAL

Underwater Hull Services (Diving, In-Water Cleaning, Propeller Polishing, Inspection)

Transportation & Logistics/Ports, Terminals & Maritime Services/Ship Repair, Dry Docking & Marine Engineering Services

SECONDARYIMAIAKAJ

Tank, Pipeline & Marine Coating Services (Lining/Wrapping)

Industrials, Manufacturing & Construction/Industrial Services & Facility Operations/Industrial & Commercial Painting, Coating & Surface Treatment

Keywords

• Industrial protective coatings
• Corrosion engineering services
• Underwater inspection repair
• Marine anti-fouling coatings
• Civil mechanical engineering

Headquarters

HQ city

Petaling Jaya

HQ country

Malaysia

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Specialized Coating Products: Sea Horse Services Sdn. Bhd. operates as a sole agent for value-added chemical products including exclusive products for household, commercial and industrial applications. Revenue generated from sale of proprietary coating products including AQUA-series, KON-TAC, and other specialized formulations.
2. Engineering Services: Corrosion engineering services including complete corrosion protection, online and offline application of coatings, wet abrasive blasting, and ultra high pressure water jet services. Civil and mechanical engineering services for repair and maintenance of mechanical components, concrete repairs, and underwater inspection and repair works.
3. On-Site Installation Services: On-site installation and maintenance services for surface and underwater structures including concrete piles, pipelines, cables. Includes underwater welding and inspection services by qualified divers.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Sea Horse Services manufactures and supplies a proprietary range of specialized protective coatings under the AQUA series and other branded products (HULL KOAT, KON-TAC, SKIDFREE, RUST CONTACT V, QUICK SEAL, Universal Degreaser L-7) for industrial, marine, and household applications. The company also delivers corrosion engineering, civil and mechanical engineering, wet abrasive blasting, ultra high pressure water jetting, and underwater inspection/repair services by qualified divers for the repair and maintenance of surface and underwater structures.

Product overview

Sea Horse Services Sdn. Bhd. is a Malaysian company providing specialized and general coating products primarily for the marine, oil & gas, petroleum, construction, and power generation industries. The product portfolio centers around the AQUA series of protective coatings and waterproofing solutions, including AQUA SEALER, AQUA ST-03, AQUA PU, AQUA GF, AQUA HD 16-04, AQUA FILLER, AQUA FLOOR COAT, AQUA HDW URETHANE, AQUA MASTIC, AQUA IZ, AQUA FLEX, AQUA SPC, AQUA HB EPOXY, AQUA EZ, AQUA EDGE, AQUA HI-THERM, AQUA HR 600, and AQUA FLAME SB. These are complemented by specialized products including RUST CONTACT V (rust converter), HULL KOAT (anti-fouling coating), ANTI SKID (safety surface), QUICK SEAL (epoxy adhesive), KON-TAC (composite pipe support), FLANGE PROTECTION SYSTEM, and UNIVERSAL DEGREASER L-7 (cleaning agent). The company also provides corrosion engineering services, civil and mechanical engineering services, underwater inspection and repair, wet abrasive blasting, and leak sealing systems. The product line meets local and international legislative health, safety, and environmental requirements as well as industrial standards.

Differentiator

Problem solved

Functional benefit

Brands

• SKIDFREE: Proprietary anti-skid system designed to prevent accidents and incidents due to skidding on staircases, ladders, and access areas
• AQUA Series

Products and services

• AQUA SEALER

Quantifiable outcome

• 15% reduction in energy consumption with thin marine growth layer (1/64 inch) prevention through HULL KOAT anti-fouling coating

Named customers3 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature9 records

Partnerships

One partnership is on record.

• Local and Foreign AffiliatescoreStrategic or Co-development Partner · 1 January 2006Sea Horse Services Sdn. Bhd. has several collaborative ventures with local and foreign affiliates with primary objectives including: (1) Provide specialised technical support as well as improving the 'local content' of products and services offered; (2) Widen its range of applications of value-added products and services; (3) Move towards a seamless partnership with key organisations for technology transfer and management expertise; (4) Improve work processes in line with health, safety and environmental requirements and apply cost saving measures for the benefit of Customers.

Scale indicators2 records

Recent moves3 records

Expansion highlights4 records

Broad incumbents

• Jotun: Norwegian global leader in marine, offshore, and protective coatings. Direct competitor to Sea Horse's AQUA-series and HULL KOAT in the marine anti-fouling and corrosion-protection category, but with vastly greater scale, global shipyard contracts, and R&D depth.
• AkzoNobel (International Paint): Owner of International Paint, one of the most established marine and yacht coating brands globally. Direct overlap with Sea Horse's marine hull, anti-fouling, and offshore protective coatings, and a benchmark for formulation certification standards (IMO, Bureau Veritas).
• PPG Industries: US-headquartered global paints and coatings major serving marine, oil & gas, and industrial infrastructure. Overlaps with Sea Horse on offshore protective coatings, tank linings, and high-temperature industrial coatings, though PPG's portfolio is far broader.
• Kansai Paint: Japanese coatings major with marine, protective, and industrial segments. Comparable to Sea Horse on anti-fouling and industrial maintenance coatings, particularly relevant given Asian maritime customer overlap.
• Chugoku Marine Paints: Japanese specialist in marine and container coatings with strong Asian shipyard relationships. Competes in the same anti-fouling and hull-coating category as Sea Horse, with similar IMO-certified product positioning but significantly larger Asia-Pacific footprint.
• Hempel: Danish-founded global coatings manufacturer with strong marine, protective, and decorative portfolios. Competes with Sea Horse across marine hull coatings and offshore oil & gas protective coatings, and offers comparable anti-fouling and high-temperature products to shipyards and energy operators worldwide.

Direct peers

• Cortec Corporation: US-based specialty formulator of corrosion inhibitors, rust converters, and VCI packaging — closely comparable to Sea Horse's RUST CONTACT V and AQUA-series corrosion-protection products. Smaller and more specialized than the global majors, making it the closest mid-sized analog.
• Advanced Polymer Coatings: US-based manufacturer of marine and industrial protective coatings including tank linings and chemical-resistant systems. Closely comparable niche competitor to Sea Horse in specialty coatings for marine and oil & gas applications, at similar mid-sized scale.
• RPM International (Carboline): Through its Carboline subsidiary, RPM supplies protective coatings for oil & gas, marine, and power generation assets — directly comparable to Sea Horse's AQUA-series tank linings, high-temperature coatings, and intumescent fire-protection products. A more scaled North American peer with similar industry focus.

Regional players

• Bisso Marine: Houston-based provider of underwater hull cleaning, propeller polishing, and in-water ship repair services. Comparable to Sea Horse's certified-diver underwater inspection, cleaning, and repair capabilities for commercial and offshore vessels, though serving Americas rather than SE Asia.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/seahorseservicessdn.bhd.

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 Sea Horse Services