MMA Offshore
- Company typePrivate
- Founded2025
- HeadquartersPerth, Australia
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
MMA Offshore firmographics
Firmographics- Name
- MMA Offshore
- Legal name
- MMA Offshore Limited
- Website
- https://mmaoffshore.com
- Company type
- Private
- Founded year
- 2025
- Operating status
- Acquired
- Headcount range
- 1,001–5,000 employees
- Ownership category
- akta.pro rank
MMA Offshore industry classification
Industry- Product category
- Offshore Marine Services
- NAICS
- Support Activities for Water Transportation (4883), Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing (532411)
- SIC
- Oil & Gas Field Services, Nec (1389)
- akta.pro primary industry
- Offshore Marine & Aviation Support (PSVs, AHTS, Crew Boats, Helicopters) (EUALABAJ)
- akta.pro secondary industries
- Marine & Offshore Wind BOP Construction (Foundations, Cables, Ports, Installation Support) (EUAMAFAI), Offshore Support & Marine Logistics Vessel Operators (PSV/AHTS) (TLADABAL)
Keywords
Where MMA Offshore is headquartered
LocationHeadquarters
- HQ city
- Perth
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
MMA Offshore business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Supply Chain
Distribution channels1 record
Marketing channels2 records
MMA Offshore product offering
Product offeringCore offering
MMA Offshore (now operating as Cyan Renewables) provides marine and subsea services to the offshore energy industries through a fleet of approximately 20 offshore support vessels (OSVs), including platform supply vessels, multi-purpose support vessels, and emergency response rescue vessels. The company delivers geosolutions, installation and construction, operations and maintenance, environmental and blue economy, and decommissioning services primarily for the offshore wind sector.
Product overview
Cyan Renewables (formerly MMA Offshore) is a leading international maritime operator providing marine and subsea services for the global offshore wind industry and energy transition. The company operates a diversified fleet of approximately 35 vessels and offers five core service lines: Geosolutions (survey services), Installation & Construction (WTIVs, FFIVs, HTVs), Operations & Maintenance (SOVs, CTVs, Jack-Up barges), Environmental & Blue Economy (ERRVs), and Decommissioning services. The portfolio includes various vessel types such as Walk-to-Work vessels, Multi-Purpose Support Vessels, Platform Supply Vessels, and Emergency Response Rescue Vessels. The company was established in September 2022 with backing from Seraya Partners and has grown through acquisitions including MMA Offshore (AU$1.1B, April 2024) and Sentinel Marine (75% stake, July 2023).
Differentiator
Problem solved
Functional benefit
Brands
- Cyan: Primary brand used by the company following rebranding from MMA Offshore
- Sentinel Marine
Products and services
- Geosolutions Environmental, geotechnical and geophysical survey services using specialized survey vessels to assess seabed conditions and identify optimal turbine locations. Targeted at offshore wind developers.
- Installation & Construction Services Turbine and foundation installation services using Wind Turbine Installation Vessels (WTIVs), Floating Foundation Installation Vessels (FFIVs), and Heavy Transportation Vessels (HTVs) for the offshore wind industry.
- Operations & Maintenance (O&M) Long-term wind farm operations and maintenance support using purpose-built Crew Transfer Vessels (CTVs), Service Operation Vessels (SOVs), and Jack-Up (JU) barges including SWATH-designed SOVs.
- Environmental & Blue Economy Services Emergency Response and Rescue Vessel (ERRV) services supporting fishery inspections, environmental emergency response, and sustainable fisheries management.
- Decommissioning Services Safe and sustainable decommissioning services for offshore structures including regulatory and environmental adherence, marine environment restoration, and integrated reef solutions.
Companies that use MMA Offshore
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles2 records
MMA Offshore technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
MMA Offshore partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered flagship, core and minor.
- Siemens GamesaflagshipAwarded 15-year SOV contract by Siemens Gamesa to support Hai Long wind farm in Taiwan. This was the first SOV contract in Asia awarded to Cyan Renewables, with VARD Newbuild providing vessel construction.
- Sentinel MarinecoreAcquired 75% of UK-based Sentinel Marine and 13 OSVs in July 2023, expanding Cyan Renewables' presence in the UK offshore wind market.
- DEMEcoreAcquired the Groenewind SOV (Service Operations Vessel) from DEME in July 2023 as part of fleet expansion strategy.
- VARDcoreShipbuilder contracted to construct newbuild vessels for Cyan Renewables, including SOV vessels for the Siemens Gamesa Hai Long contract.
- VestasminorStrategic partner in offshore wind sector, part of Cyan Renewables' ecosystem of wind turbine manufacturer relationships.
- EquinorminorNorwegian energy company and offshore wind developer, partner in Cyan Renewables' network of industry relationships.
- Cosco ShippingminorShipping and logistics partner for maritime transportation of offshore wind components.
- TRE TaiwanminorTaiwan-based renewable energy partner supporting offshore wind operations in the Taiwan market.
Scale indicators3 records
Recent moves8 records
Expansion highlights5 records
MMA Offshore competitors and assessment
Company assessmentDirect peers
- Cadeler: Pure-play offshore wind installation vessel owner-operator (WTIVs/FFIVs) listed in Oslo. Directly comparable to Cyan's Installation & Construction business and competing for the same next-generation vessel newbuilds.
- Vroon: Dutch shipping group with PSV/subsea and offshore wind service vessel operations. Closely comparable in vessel types (PSVs, SOVs, walk-to-work) and end-markets to Cyan/MMA Offshore.
- Esvagt: Danish provider of SOVs and CTVs to the European offshore wind industry. Directly competes with Cyan on long-term O&M vessel charters and shares the same Siemens Gamesa/Ørsted-style contract structure.
- Bourbon (offshore services): French-headquartered OSV operator with PSV/AHTS fleet serving offshore energy markets. Directly comparable vessel portfolio and customer base to MMA Offshore's legacy OSV business.
- Bernhard Schulte Offshore: Operates SOVs and offshore support vessels for wind farm O&M globally. Direct competitor to Cyan on SOV fleet and offshore wind service contracts.
Broad incumbents
- Solstad Offshore: Large Norwegian OSV operator with PSV/AHTS/subsea fleet. Overlaps with Cyan's Platform Supply Vessels, AHTS, and subsea service lines in oil & gas and wind markets.
- Siem Offshore: PSV/AHTS and subsea construction vessel owner serving both oil & gas and offshore wind. Provides comparable vessel services to wind developers and O&G operators.
- DOF: Norwegian subsea and OSV operator with PSVs, AHTS, and subsea construction vessels. Broad incumbent overlap with Cyan's subsea, geosolutions, and decommissioning services.
Emerging players
- Havfram: Norwegian-founded offshore wind installation vessel company (Ngask, formerly from strategic partnership with DEME). Emerging pure-play in the same WTIV/FFIV niche as Cyan's Installation & Construction.
Regional players
- EDT Offshore: Middle East / Mediterranean-focused OSV owner (EDT = Egyptian Drilling & Trading). Adjacent offshore vessel operator with similar vessel types, competing for global OSV demand.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
MMA Offshore social profiles
Digital presenceMMA Offshore financial estimates
Financial estimateRevenue estimate
Valuation estimate
MMA Offshore leadership team
Management profileNumber of profiles
Profiles1 record
MMA Offshore subsidiaries and ownership
Company hierarchySubsidiaries2 records
MMA Offshore funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MMA Offshore M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MMA Offshore
What does MMA Offshore do?
MMA Offshore (now operating as Cyan Renewables) provides marine and subsea services to the offshore energy industries through a fleet of approximately 20 offshore support vessels (OSVs), including platform supply vessels, multi-purpose support vessels, and emergency response rescue vessels. The company delivers geosolutions, installation and construction, operations and maintenance, environmental and blue economy, and decommissioning services primarily for the offshore wind sector.
Is MMA Offshore a public or private company?
MMA Offshore is a private company. It is classified as private equity controlled and is currently acquired.
When was MMA Offshore founded?
MMA Offshore was founded in 2025. It employs 1,001 to 5,000 people.
Where is MMA Offshore based?
MMA Offshore is headquartered in Perth, Australia, in the Oceania region.
Who are MMA Offshore's main competitors?
Direct peers on record are Cadeler, Vroon, Esvagt, Bourbon (offshore services) and Bernhard Schulte Offshore. Broad incumbents are Solstad Offshore, Siem Offshore and DOF. Havfram is listed as an emerging player. EDT Offshore is listed as a regional player.
Does MMA Offshore have an API?
No public API is recorded for MMA Offshore.
What industry is MMA Offshore in?
MMA Offshore's product category is Offshore Marine Services. Its primary akta.pro industry code is EUALABAJ, Offshore Marine & Aviation Support (PSVs, AHTS, Crew Boats, Helicopters), with a secondary code of EUAMAFAI, Marine & Offshore Wind BOP Construction (Foundations, Cables, Ports, Installation Support). Its NAICS code is 4883 and its SIC code is 1389.