YMV Crane and Winch Systems

What YMV Crane and Winch Systems does

YMV Crane and Winch Systems (YMV Kreyn ve Vinç Sistemleri) is a privately held Turkish marine equipment manufacturer founded in 1968 and headquartered in Tuzla, Istanbul. The company designs and manufactures a comprehensive portfolio of deck machinery and marine systems across four core categories: marine cranes (telescopic boom, stiff boom, knuckle boom, offshore, A-frame, hatch cover gantry, cargo, shipyard, and portal cranes with capacities ranging from 0.5T to 250T), marine winches (towing, anchor windlass, mooring, constant tension, active heave compensation, deep sea, trawl, and umbilical reeler), life-saving equipment (freefall lifeboat davits, rescue boat davits, liferaft davits, freefall lifeboats, and rescue boats), and propulsion systems (bow/stern thrusters, fixed and controllable pitch propellers, and flap rudders). Notable technical capabilities include Turkey's first Active Heave Compensation Winch certified by Turk Loydu, integration of Cranemaster Passive Heave Compensation shock absorbers, and an in-house PropDesign propeller design tool developed by the YMV Milper Team.

YMV's business model is built on project-based, custom-engineered hardware sales to shipyards, vessel operators, naval forces, and offshore operators, supplemented by after-sales services including commissioning, training, spare parts, and inspection services through a worldwide service station network. The company operates a direct sales team from Istanbul complemented by international sales representative partners in Azerbaijan, Morocco, the Netherlands, Norway, Russia, Spain, and Ukraine. Pricing is quote-based with no public price lists, and contracts are typically multi-year. The customer base spans commercial shipping (cargo, tanker, bulk carriers), offshore oil and gas, offshore wind, naval/defense (NATO-approved supplier), shipyards and ports, fishing, and yacht segments. Products carry certifications from major classification societies including Turk Loydu, Bureau Veritas, RINA, NK, RMRS, and BV, plus MED, SOLAS, IMO, and LSA compliance for life-saving equipment.

The company generates revenue primarily through one-time hardware sales of cranes, winches, propulsion systems, life-saving equipment, and shiplift systems, with a secondary recurring revenue stream from technical services, training, commissioning, spare parts, and annual/five-year inspection services. Geographic distribution extends across Turkey, Russia, Nigeria, Malta, the Netherlands, Spain, and additional markets served through the partner network. As a privately held entity with no public financials, no disclosed funding rounds, and no public ownership structure changes, YMV operates as an established, family-style industrial manufacturer with 55+ years of operating history.

Name

YMV Crane and Winch Systems

Legal name

YMV Kreyn ve Makina Sistemleri Sanayi Ticaret A.Ş.

Website

https://ymvcrane.com

Company type

Private

Founded year

1968

Operating status

Operating

Headcount range

11–50 employees

Short description

YMV Crane and Winch Systems is a Turkish marine equipment manufacturer, founded in 1968 and based in Tuzla, Istanbul, producing custom-engineered marine cranes, winches, life-saving equipment, and propulsion systems for shipyards, commercial shipping, naval forces, offshore operators, and ports across more than seven countries.

Ownership category

akta.pro rank

Product category

Marine Deck Machinery

NAICS

Ship Building and Repairing (336611), Ship and Boat Building (33661), Overhead Traveling Crane, Hoist, and Monorail System Manufacturing (333923)

SIC

Ship & Boat Building & Repairing (3730), Construction, Mining & Materials Handling Machinery & Equip (3530), Misc Industrial & Commercial Machinery & Equipment (3590)

akta.pro primary industry

Deck Machinery & Mooring Systems (Winches, Windlasses, Capstans) (IMAJAIAA)

akta.pro secondary industries

Cargo Handling & Lifting Equipment (Cranes, Derricks, Hoists) (IMAJAIAB), Life-Saving Appliances & Safety Equipment (Davit Systems, Lifeboats, Firefighting) (IMAJAIAG)

Keywords

• Marine cranes manufacturing
• Deck machinery equipment
• Marine winch systems
• Shipyard equipment supply
• Offshore handling systems

Headquarters

HQ city

Tuzla

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Marine Crane Manufacturing and Sales: YMV designs and manufactures a comprehensive range of marine cranes including offshore cranes, telescopic boom cranes, stiff boom cranes, knuckle boom cranes, A-frame cranes, hatch cover cranes, cargo cranes, service hose cranes, yacht cranes, shipyard gantry cranes, and portal cranes. Products are sold directly to shipyards, vessel operators, and through international sales partners. Capacity ranges from 0.5T to 250T depending on product type.
2. Marine Winch Manufacturing and Sales: YMV manufactures a full range of marine winches including towing winches (5-250T capacity), anchor windlasses, mooring winches, capstans, constant tension winches, active heave compensation winches, deep sea winches, trawl winches, and spooling devices. Single, double drum, and waterfall configurations are available.
3. Propulsion Systems Manufacturing and Sales: YMV produces propulsion systems including bow thrusters, stern thrusters, tunnel thrusters (22-500 kW, 400-1400mm propeller diameter), fixed pitch propellers (up to 3 meters diameter), and controllable pitch propellers (up to 5 meters diameter).
4. Life-Saving Equipment Manufacturing and Sales: YMV manufactures life-saving equipment compliant with SOLAS, IMO, and LSA regulations including freefall lifeboat davits (SWL 50-70 kN), rescue boat davits (SWL 15-45 kN), liferaft davits, A-frame davits, freefall lifeboats, and rescue boats. Products are MED certified and IACS Class certified.
5. Technical Services, Training, Commissioning and After-Sales Support: YMV provides commissioning services, operator and maintenance technical training courses (with certificates), annual and five-year inspection services, spare parts, and continuous after-sales support through its worldwide service station network.
6. Shiplift Systems Manufacturing and Sales: YMV manufactures shiplift systems with winch capacity between 250-360 tonnes. Lifting capacity is between 1,500-6,300 tonnes including platform. Synchronized operation of 6-10-12-16-18 winch units with electric motor drive, triple brake and special locking systems.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels4 records

Core offering

YMV Crane and Winch Systems designs, manufactures, and supplies marine deck machinery and handling equipment — including marine cranes, winches, propulsion systems, life-saving equipment, deck machinery, and shiplift systems — for shipyards, naval forces, commercial shipping operators, and offshore customers. The company is based in Tuzla, Istanbul and has more than 55 years of operating history in the marine equipment sector, with products certified to IACS, MED, and SOLAS standards.

Product overview

YMV Crane and Winch Systems is a marine equipment manufacturer offering a comprehensive portfolio of deck machinery and systems. The product range centers on four main categories: Marine Cranes (including telescopic, stiff boom, fixed boom, knuckle boom, A-frame/LARS, offshore, and active/passive heave compensation cranes, plus shipyard gantry, portal, jib and cargo cranes); Marine Winches (towing, active heave compensation, constant tension, anchor windlass, mooring, capstan, deep sea, trawl, umbilical reeler, stern rollers, and spooling devices); Life-Saving Equipment (freefall lifeboat davits, rescue boat davits, A-frame davits, freefall lifeboats, and rescue boats); and Propulsion Systems (bow/stern thrusters, fixed/controllable pitch propellers, and flap rudders). These products work together as integrated deck solutions for vessels, with accessories including hydraulic power units, deck equipment, and shiplift systems. YMV serves diverse maritime industries including offshore, shipyard/port, marine commercial, research, fishing, navy/defense, oil and gas platforms, and energy sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Marine Cranes
• Marine Winches
• Propulsion Systems
• Life-Saving Equipment Life-saving appliances (such as lifeboat and rescue boat handling systems and related deck equipment) manufactured in compliance with SOLAS and class requirements for commercial and naval vessels.
• Deck Machinery General marine deck machinery designed and manufactured by YMV for shipboard applications, complementing its cranes and winches as part of an integrated handling equipment portfolio.
• Shiplift Systems Shiplift systems engineered and produced for shipyards and offshore operators to handle vessels during construction, maintenance, and repair operations.

Quantifiable outcome

• Active Heave Compensation Winch enables safe rescue operations up to 3,500 meters depth
• +3 more outcomes

Named customers11 records

Segments7 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Cranemaster (Norwegian Manufacturer)coreTechnology or Integration · 17 September 2019YMV Crane and Winch Systems signed a sales representative agreement with Norwegian manufacturer Cranemaster for Passive Heave Compensation technique on September 17, 2019. Under the agreement, YMV integrates Cranemaster shock absorber units into its offshore cranes and sells these units in the industry. The passive heave compensation system with shock absorber units reduces negative effects of weather windows and wave heights during lifting operations, with stroke ranges of 0.5-5 meters and capability for deep sea operations up to 3000m water depth.
• Milper Propeller Technologies Inc.coreTechnology or Integration · 1 September 2017YMV expanded its propulsion systems division through cooperation with Milper Propeller Technologies Inc. on September 1, 2017. While YMV was already manufacturing marine cranes, winches, and propulsion systems (bow thrusters, tunnel thrusters), Milper's expertise lies in design and development of marine propeller and shaft pairs including both Fixed Pitch Propellers (FPPs) and Controllable Pitch Propellers (CPPs). The merger enables domestic production of propulsion systems with advanced technology using YMV's manufacturing experience and Milper's design capabilities. YMV's in-house PropDesign tool was developed by the YMV Milper Team for optimum pitch distribution.
• Smart Marine (Azerbaijan)minorChannel Partner/ Reseller/ DistributorInternational sales representative partner for YMV in Azerbaijan. Located at AF Mall Samad Vurgun 34, AZ1022 Bakü.
• BTM Africa (Morocco)minorChannel Partner/ Reseller/ DistributorInternational sales representative partner for YMV in Morocco. Located at Rue De Fès C38 Quartier Industriel Tasilla, 80650 Dcheira El Jihadia.
• B2B Marine Solutions (Netherlands)minorChannel Partner/ Reseller/ DistributorInternational sales representative partner for YMV in the Netherlands. Located at Jufferkade 15, 3011 VW, Rotterdam. Contact: Alican Kilinc.
• Hol Ship Service AS (Norway)minorChannel Partner/ Reseller/ DistributorInternational sales representative partner for YMV in Norway. Located at 1386 Asker, Norway. Contact: Heine Olsen.
• Nautic Trade LLC (Russia)minorChannel Partner/ Reseller/ DistributorInternational sales representative partner for YMV in Russia. Located at 193318 St. Petersburg, Voroshilova 2, room 629. Contact: Yuri Kalachev.
• BTM Iberia (Spain)minorChannel Partner/ Reseller/ DistributorInternational sales representative partner for YMV in Spain. Located at C/ Velazques 80, 6° DCHA, 28001 Madrid.
• Expressa Holding (Ukraine)minorChannel Partner/ Reseller/ DistributorInternational sales representative partner for YMV in Ukraine. Located at Injenerya 17, Nikolayev. Contact: Sergey Jikharev.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Wärtsilä: Finnish global marine technology leader providing ship machinery, propulsion systems, and lifecycle services including bow thrusters, propellers, and integrated marine solutions. Wärtsilä is a broad incumbent peer across YMV's propulsion systems product line and several adjacent marine equipment categories, though at vastly larger scale.
• Kongsberg Maritime: Norwegian maritime technology company providing integrated solutions for merchant vessels, offshore, and naval markets including deck machinery, winches, and propulsion systems. Kongsberg Maritime competes with YMV in several marine equipment categories while also serving as a complementary supplier in other systems on the same vessels.
• NOV (National Oilwell Varco): Global large-cap provider of equipment and components used in oil and gas drilling and production, including marine cranes, winches, and offshore load handling systems. NOV competes with YMV in the offshore O&G vessel and platform equipment segment, though at substantially larger scale and broader product scope.

Direct peers

• Huisman: Dutch manufacturer of heavy-duty marine equipment including offshore cranes, winches, and lifting systems designed for harsh offshore environments. Huisman is a direct peer in the offshore crane and active/passive heave compensation segment, competing for the same OSV, SOV, and wind vessel customers as YMV.
• MacGregor (Cargotec): Part of Cargotec, MacGregor is a global leader in marine cargo and load handling solutions, manufacturing ship cranes, offshore cranes, winches, deck machinery, and hatch cover systems for the commercial shipping, offshore, and naval markets. It is the most direct competitor to YMV across cranes, winches, and deck equipment for commercial vessels and offshore platforms.
• Palfinger Marine: Division of Palfinger AG, one of the world's largest manufacturers of marine cranes, davits, and lifting solutions. Palfinger Marine competes directly with YMV across the full marine crane portfolio including telescopic, knuckle boom, and davit systems, serving similar commercial and offshore customer bases globally.
• Becker Marine Systems: German specialist manufacturer of high-performance rudder systems including flap rudders and maneuvering technology for commercial shipping. Becker is a direct peer to YMV's Flap Rudder product line, competing in the same shiphandling efficiency and fuel-saving rudder category for tankers, bulk carriers, and container vessels.
• TTS Group (TTS-NMF): Norwegian manufacturer of marine equipment including cargo handling cranes, offshore cranes, winches, and deck machinery, now operating as TTS-NMF after restructuring. TTS is a direct peer in marine cranes and deck equipment for commercial shipping, with strong European shipyard relationships that overlap with YMV's Mediterranean and Northern European customer base.

Emerging players

• ACE Winches: Scottish specialist manufacturer of marine winches including AHC winches, mooring winches, and offshore lifting equipment. ACE Winches is a niche peer to YMV in the active heave compensation winch and offshore mooring segments, with comparable technology focus but smaller scale.

Regional players

• ASENAV (Astilleros y Servicios Navales): Chilean shipyard and marine equipment manufacturer serving the South American market with deck machinery, cranes, and shipbuilding services. ASENAV is a regional peer representing similar mid-sized marine equipment manufacturing capabilities but focused on Latin American shipyard customers rather than competing directly with YMV in EMEA.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ymv-crane-and-winch-systems
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Compliance12 records

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 YMV Crane and Winch Systems