Polestar Marine Services

What Polestar Marine Services does

Polestar Marine Services Limited (PMSL) is a privately held Nigerian indigenous marine services company founded in 2008 and headquartered in Lagos, with an additional operations-support office in Port Harcourt serving the Niger Delta region. The company delivers a horizontally diversified bundle of maritime services — consultancy (surveying, insurance claims, loss adjusting, SIRE inspection, OVID), terminal/ship agency (inward/outward clearances and government documentation), bunker fuel supply to ISO standards, crew management (changes, visas, work permits, airport meet-and-greet), marine logistics (personnel carriers, supply boats, diving support vessels, anchor-handling vessels, barges, tugs), ship husbandry (underwater inspection, propeller polishing, deck cleaning, holds sanitation), chandler services, ship manning, and rapid-response dry-docking for downstream and swamp locations. Its core go-to-market is direct B2B sales to ship owners, charterers, and terminal operators in Nigeria, with crew sourcing handled through formal partnerships with NIMASA and MAN Oron.

Revenue mechanics are split across professional-services fees (agency, consultancy, crew management, husbandry, dry-docking, ship manning) and transaction-fee/hardware-sale lines (bunker fuel and chandler supply, marine equipment provision). Pricing is not publicly disclosed. Customer segments are personas rather than verticals — ship owners, charterers, and terminals — with no SMB/long-tail component, indicating an enterprise-only motion mediated by phone, email, and a content website.

Operationally, Polestar has moved beyond pure service provision into vessel ownership and green-tug fleet deployment. As Polestar Maritime Limited, it has placed an order for two 60-tonne battery-electric green tugs with Cochin Shipyard Limited under India's Ministry of Ports, Shipping and Waterways Green Tug Transition Programme (Rs 100–250 crore contract value, August–September 2027 delivery) for deployment at Jawaharlal Nehru Port Authority. A parallel order is in build for two 70-tonne bollard pull tugs designed by Robert Allan Ltd. and powered by Niigata IHI engines, with steel-cutting held at CSL in February 2026. A Mumbai office anchors the Indian operations. This positions the company as a cross-border vessel operator with regulatory-program-driven fleet renewal exposure in India alongside its Nigerian service base.

Name

Polestar Marine Services

Legal name

Polestar Marine Services Limited

Website

https://polestar-marine.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Polestar Marine Services Limited is a Nigerian indigenous marine services company delivering ship agency, bunker fuel, crew management, marine logistics, ship husbandry, chandler, consultancy, and dry-docking services to ship owners, charterers, and terminal operators across Nigeria and India.

Ownership category

akta.pro rank

Product category

Marine Services

NAICS

Support Activities for Water Transportation (4883), Ship Building and Repairing (336611), Other Support Activities for Water Transportation (48839)

SIC

Water Transportation (4400), Ship & Boat Building & Repairing (3730), Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

Offshore/Remote Port Call & Anchorage Services (Launch Boats, Crew Boats, Supply Runs) (TLAHAJAM)

akta.pro secondary industries

Offshore Marine & Aviation Support (PSVs, AHTS, Crew Boats, Helicopters) (EUALABAJ), Coastal/Sea Towage (Long-Distance Towing of Vessels/Barges) (TLAHAHAE), Marine Service Provider Coordination (Diving, Inspection, Class/Survey Support) (TLAHAJAI), Line Handling & Mooring Services (TLAHAHAC)

Keywords

• Marine services
• Ship agency
• Bunker fuel supply
• Crew management
• Ship husbandry

Headquarters

HQ city

Lagos

HQ country

Nigeria

HQ region

Africa

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Ship Agency Services: Handling ship inward/outward clearances and government agency documentation services for shipping companies
2. Bunker Fuel Supply: Supply of high-quality bunkers meeting ISO standards to vessels
3. Crew Management: Crew changes, visa/work permit handling, airport meet-and-greet, and hotel accommodation services
4. Marine Logistics: Provision of multi-purpose seaworthy marine equipment including personnel carriers, supply boats, diving support vessels, anchor handling vessels, survey boats, barges, and tugs
5. Ship Husbandry Services: Underwater inspection, maintenance, propeller polishing, deck cleaning, and sanitation procedures
6. Chandler Services: Supply of technical and non-technical items to meet vessel everyday needs
7. Consultancy Services: Surveying, insurance claims, loss adjusting, witness/dispute resolution, accident investigation, repairs/new build supervision, inclining experiment, tank calibration, and SIRE inspection services
8. Dry-docking Services: Repairs and dry-docking services with rapid response capabilities for downstream and swamp locations

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Polestar Marine Services Limited is an indigenous Nigerian marine services company delivering end-to-end maritime solutions including consultancy, terminal/ship agency, bunker fuel supply, crew management, marine logistics (personnel carriers, supply boats, diving support vessels, tugs, barges), ship husbandry, chandler services, ship manning, and dry-docking services for ship owners, charterers, and terminal operators in West Africa and India.

Product overview

Polestar Marine Services Limited is an indigenous Nigerian marine services company offering a comprehensive suite of maritime solutions including consultancy, terminal/ship agency, bunker fuel, crew management, marine logistics, ship husbandry, chandler services, ship manning, and dry-docking services. The company operates ultra-modern, multi-purpose marine equipment such as personnel carriers, supply boats, diving support vessels, anchor handling vessels, survey boats, barges, and tugs. Additionally, Polestar has placed orders for battery-electric green tugs and conventional tugs being built at Cochin Shipyard Limited under India's Green Tug Transition Programme.

Differentiator

Problem solved

Functional benefit

Products and services

• Consultancy Services Full range of surveying, insurance claims, loss adjusting, witness/dispute resolution, accident investigation, repairs/new build supervision. Also includes inclining experiment, tank calibration, vessel SIRE inspection, and OVID services for ship owners and charterers.
• Terminal/Ship Agency Services Handling of ship inward/outward clearances and government agency documentation for shipping companies using local industry knowledge and expertise.
• Bunker Fuel Services Supply of high-quality bunkers meeting ISO standards at competitive rates, using carefully vetted suppliers to meet individual customer needs.
• Crew Management Services Facilities for handling crew changes, including visa and work permit handling, airport meet-and-greet, and hotel accommodation for joining/departing crews to ensure seamless exchanges without disruption.
• Marine Logistics Services Provision of ultra-modern, multi-purpose seaworthy marine equipment including personnel carriers, supply boats, diving support vessels, anchor handling vessels, survey boats, barges, and push/pull tugs.
• Ship Husbandry Services Care and maintenance of ships including underwater inspection, propeller polishing, upper and lower deck cleaning, and sanitation procedures within machinery spaces, bilges, and holds on behalf of owners or charterers.
• Chandler Services One-stop shop supply of stock and non-stock technical and non-technical items to meet everyday vessel needs, with after-sales support.
• Ship Manning Services Liaison with NIMASA and MAN Oron for training and supply of Nigerian seafarers to shipping companies and other end users.
• Dry-docking Services Top quality and rapid-response repairs and dry-docking services for customers in downstream and swamp locations, with ability to mobilize at short notice for emergency situations.
• Battery-Electric Green Tugs 60-tonne bollard pull battery-electric tugs designed for eco-friendly port operations under the government Green Tug Transition Programme, deployed at Jawaharlal Nehru Port Authority.
• 70-tonne Bollard Pull Tugs 70-tonne bollard pull tug vessels designed by Robert Allan Ltd., propelled by engines from Niigata IHI Power Systems Co. Ltd., for marine logistics and port operations.

Named customers4 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

Partnerships

Six partnerships are on record, tiered core and minor.

• Cochin Shipyard Limited (CSL)coreStrategic or Co-development Partner · 31 January 2026Cochin Shipyard Limited (CSL) received an order from Polestar Maritime Ltd. for two 60-tonne battery-electric green tugs. The vessels will be built using designs from Robert Allan Ltd., constructed jointly by CSL and its subsidiary Udupi Cochin Shipyard Ltd. Contract value is Rs 100-250 crore under the Green Tug Transition Programme.
• Robert Allan Ltd.coreTechnology or Integration · 31 January 2026Vessel designs provided by Robert Allan Ltd. for 60-tonne battery-electric green tugs and 70-tonne bollard pull tugs. Designs support the Make in India initiative with domestically sourced components.
• Udupi Cochin Shipyard Ltd.minorStrategic or Co-development Partner · 31 January 2026Subsidiary of CSL jointly constructing the vessels with CSL, utilizing domestically sourced batteries supporting the Make in India initiative.
• Jawaharlal Nehru Port AuthoritycoreStrategic or Co-development Partner · 31 January 2026Deployment location for two 60-tonne battery-electric green tugs under the government's Green Tug Transition Programme.
• NIMASAcoreStrategic or Co-development PartnerPartnership with Nigerian Maritime Administration and Safety Agency for training and supply of Nigerian Seafarers to shipping companies.
• MAN OroncoreStrategic or Co-development PartnerCollaboration with MAN Oron in training and supply of Nigerian Seafarers to shipping companies and other end users.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• V.Group: Global ship management and marine services group offering crew management, technical services, and ship agency — directly comparable to Polestar's full-service platform across ship owners and charterers.
• GAC Group: Global ship agency, logistics, and marine services provider with strong emerging-market presence — directly comparable across ship agency, crew change support, and bunker fuel coordination that Polestar delivers in Nigeria.
• Bernhard Schulte Shipmanagement (BSM): Global ship management company providing crew management and technical services — directly comparable to Polestar's crew management, manning, and ship husbandry services.
• Inchcape Shipping Services: One of the world's largest port agency and marine services providers, serving ship owners, charterers, and terminals across global ports — directly comparable to Polestar's ship agency and husbandry business.
• Smit Lamnalco: Specialist in terminal towage and offshore marine services with strong emerging-market presence — directly comparable to Polestar's tugboat operations and port-based marine services, including recent focus on greener tugs.
• Wilhelmsen: Maritime industry group providing ship agency, marine products, and technical services to ship owners globally — comparable across agency, husbandry, chandlery, and crew services that constitute Polestar's core offering.

Broad incumbents

• Tidewater Inc. Global owner of offshore support vessels serving the oil & gas industry — broad incumbent operating similar vessel classes to Polestar's marine logistics fleet.
• Solstad Offshore: Large Norwegian owner/operator of offshore support vessels including AHTS, PSVs, and subsea construction vessels — comparable to Polestar's marine logistics equipment (anchor handling vessels, supply boats) serving offshore energy markets.

Emerging players

• SAR Group (formerly Smit Internationale) / Damen Tug & Vessel Services: Major shipbuilder and tug services operator with growing green-tug portfolio through Damen — comparable on the vessel-construction side of Polestar's new tug business under India's green transition programme.

Regional players

• African Circle Marine Services: South African-based marine services provider offering ship agency, chandlery, and offshore support across African ports — regional peer to Polestar's West African operations.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/polestar-marine-services-ltd

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 Polestar Marine Services