Timsah Shipbuilding company
Timsah Shipbuilding Company is an Egyptian state-owned shipbuilder and marine services provider, established 1961 as a subsidiary of the Suez Canal Authority, serving government maritime authorities and oil & gas clients from shipyards in Ismailia and Alexandria.
- Company typePrivate
- Founded1961
- HeadquartersIsmailia, Egypt
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Timsah Shipbuilding company does
Timsah Shipbuilding Company is an Egyptian state-owned shipbuilder and marine services provider, founded in 1961 and headquartered in Ismailia, Egypt. The company operates two shipyards — its main facility in El Temsah City, Ismailia and a secondary yard in Alexandria — and is a wholly-owned subsidiary of the Suez Canal Authority, which positions it as a strategic supplier to Egyptian maritime infrastructure. Its portfolio spans vessel construction (tugboats, ferries, warships, offshore support vessels), ship repair and maintenance, SPM (Single Point Mooring) repair, underwater diving services, service boat construction, marine vessel charter, and CNC machining.
The company's technical capabilities center on conventional shipbuilding with DP2 (Dynamic Positioning System Class 2) certification on multiple vessels, and it has recently expanded into higher-complexity offshore support vessels — notably the FAKHR 1, Egypt's first Geo Survey Vessel, built in partnership with a Chinese yard for Red Sea oil & gas operations. Core technology is industrial rather than software-driven: shipyard infrastructure, steelwork, marine engineering, and certified diving operations. The firm holds ISO 9001, ISO 14001, IMCA, DQS, and DNV certifications.
Timsah generates revenue through five streams: shipbuilding (project-based new vessel construction), ship repair (maintenance services for tugs, ferries, warships), SPM repair, diving and underwater services, and marine vessel hire/charter. Go-to-market is B2B enterprise sales targeting the government maritime sector (Suez Canal Authority, Damietta, Alexandria, and Port Said Port Authorities) and oil & gas clients (Petrobel). Procurement is tender-based, with disclosed tender document fees and per-project pricing. The company does not publish revenue, operates without external funding, and is led by a state-appointed Chairman (currently Eng. Ahmed Ibrahim, since 2024).
Timsah Shipbuilding company firmographics
Firmographics- Name
- Timsah Shipbuilding company
- Legal name
- Timsah ShipBuilding Company
- Website
- https://timsahc.com
- Company type
- Private
- Founded year
- 1961
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Timsah Shipbuilding Company is an Egyptian state-owned shipbuilder and marine services provider, established 1961 as a subsidiary of the Suez Canal Authority, serving government maritime authorities and oil & gas clients from shipyards in Ismailia and Alexandria.
- Ownership category
- akta.pro rank
Timsah Shipbuilding company industry classification
Industry- Product category
- Shipbuilding & Marine Vessel Construction
- NAICS
- Ship Building and Repairing (336611), Ship and Boat Building (3366), Support Activities for Water Transportation (4883)
- SIC
- Ship & Boat Building & Repairing (3730)
- akta.pro primary industry
- Offshore Barge & Tender Assist Vessel Construction (IMAJACAH)
- akta.pro secondary industries
- Hull, Structure & Steelwork Repair (TLAKAKAE), Underwater Hull Inspection, Cleaning & Propeller Services (TLAKAKAJ), Naval & Government Vessel Maintenance & Modernization (TLAKAKAB), Surface Combatants (Destroyers, Frigates, Corvettes) (IMAJABAA)
Keywords
Where Timsah Shipbuilding company is headquartered
LocationHeadquarters
- HQ city
- Ismailia
- HQ country
- Egypt
- HQ region
- Africa
Offices2 records
Markets served
Timsah Shipbuilding company business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Supply Chain, Infrastructure, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Shipbuilding: Construction of new vessels including tugboats, ferries, warships, offshore support vessels, and specialized marine craft
- Ship Repair: Maintenance and repair services for various vessel types including tugs, ferries, and warships
- Marine Vessel Hiring: Charter and lease of marine vessels to maritime and energy sector clients
- SPM Repair: Single Point Mooring repair and maintenance services
- Diving & Under Water Activities: Underwater marine services including inspections, maintenance, and construction support
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | One time/ perpetual license | Tender Document Fee |
| Unit Pricing | One time/ perpetual license | Project Cost - AZIMA Tugboat |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Timsah Shipbuilding company product offering
Product offeringCore offering
Timsah Shipbuilding Company designs, constructs, and repairs marine vessels including tugboats, ferries, warships, and offshore support vessels. The company also provides Single Point Mooring (SPM) repair, diving and underwater services, service boat construction, marine vessel charter/hire, and CNC machining services from its shipyards in Ismailia and Alexandria, Egypt.
Product overview
Timsah Shipbuilding Company is a shipbuilding and maritime services provider offering a unified portfolio of vessel construction, repair, and marine support services. The core offerings include shipbuilding (construction of tugs, ferries, warships, offshore vessels) and ship repair/maintenance services, supplemented by specialized services such as SPM repair, diving & underwater activities, service boat construction, marine vessel hiring, and CNC machining. Notable vessels produced include the Azima-class tugboats (TIM AZIMA series) and the FAKHR 1 Integrated Offshore Supply & Oilfield Services Vessel. The company operates from shipyards in Ismailia and Alexandria, Egypt.
Differentiator
Problem solved
Functional benefit
Products and services
- Shipbuilding Construction of new vessels including tugs, ferries, warships, and offshore support vessels, fully designed and built at the company's Ismailia and Alexandria shipyards.
- Ship Repair Comprehensive ship repair services for various vessel types including tugs, ferries, and warships, covering maintenance and overhaul needs.
- SPM Repair Single Point Mooring (SPM) repair and maintenance services supporting offshore maritime operations.
- Diving & Under Water Activities Underwater diving services and marine activities supporting ship repair, inspections, maintenance, and construction support.
- Service Boats Construction and maintenance of service boats for various maritime operations.
- Hiring Marine Vessel Marine vessel leasing and charter services providing maritime and energy sector clients access to operational vessels.
- CNC Machining CNC machining services for precision manufacturing and fabrication supporting vessel construction and repair.
- TIM AZIMA Tugboat Azima-class tugboat for marine guidance and maneuvering operations, constructed at Timsah's Ismailia shipyard.
- FAKHR 1 Integrated Offshore Supply & Oilfield Services Vessel DP2 Integrated Offshore Supply and Multi-Purpose Support Vessel; first Egyptian Geo Survey Vessel designed for marine site investigations and oil & gas exploration. Length Overall: 64.8m, Beam: 16.0m, Draft: 5.0m, Accommodation: 60 Persons.
Quantifiable outcome
- First Egyptian vessel equipped for Geo Survey operations supporting marine geotechnical investigations and offshore oil & gas exploration
Companies that use Timsah Shipbuilding company
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
Timsah Shipbuilding company technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Timsah Shipbuilding company partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core, flagship and minor.
- PetrobelcoreOil and gas sector partnership with lease agreement for Tim Azima 1 tugboat. Petrobel is a leading maritime energy sector company. The partnership includes contracted operations for FAKHR 1 vessel in Abu Rudeis, Red Sea starting July 2026.
- Suez Canal AuthorityflagshipParent company and primary strategic partner. Timsah Shipbuilding is a subsidiary of the Suez Canal Authority, established in 1961. The partnership provides preferential positioning for government maritime contracts and strategic alignment with Egypt's maritime infrastructure development.
- Damietta Port AuthorityminorPort authority partner displayed in company partnerships section
- Alexandria Port AuthorityminorPort authority partner displayed in company partnerships section
- Portsaid Port AuthorityminorPort authority partner displayed in company partnerships section
Scale indicators2 records
Recent moves5 records
Expansion highlights4 records
Timsah Shipbuilding company competitors and assessment
Company assessmentDirect peers
- Lamprell Energy: UAE-based provider of fabrication, engineering, and vessel construction services for the offshore energy sector. Comparable to Timsah in mid-complexity offshore vessel and rig construction, with similar regional MENA focus and oil & gas customer base.
- Damen Shipyards Group: Dutch shipbuilder with extensive portfolio of tugboats, workboats, offshore support vessels, and naval vessels. Damen's product mix (tugs, OSVs, ferries, patrol craft) directly overlaps Timsah's Azima-class tugboats and FAKHR 1-style offshore vessels, making it the most direct international comparable.
Regional players
- Drydocks World: UAE-based ship repair, conversion, and new-build yard in Dubai. Competes with Timsah for regional MENA repair and offshore vessel work, with comparable service offerings in ship repair, conversion, and offshore construction.
- Eastern Marine Shipyard (Egypt): Egypt-based shipyard operating in the Port Said region with shipbuilding and repair capabilities. As a domestic Egyptian competitor, Eastern Marine competes directly with Timsah for Egyptian maritime authority contracts and Suez Canal-related work.
- Arab Shipbuilding and Repair Yard (ASRY): Bahrain-based shipbuilding and repair yard serving the MENA region. ASRY operates in the same geographic market as Timsah with similar ship repair and shipbuilding capabilities, but is established as a GCC-focused facility rather than Egypt/Suez Canal-centric.
Broad incumbents
- Hyundai Heavy Industries: South Korea's largest shipbuilder with global leadership in commercial vessels, offshore platforms, and naval ships. Represents the high-capital, high-throughput end of shipbuilding that sets competitive benchmarks for productivity, pricing, and complex vessel capability.
- Sembcorp Marine: Singapore-based global shipbuilder and offshore engineering group with capabilities in offshore platforms, drilling rigs, and specialized vessels. While much larger in scale, Sembcorp Marine competes for offshore oil & gas vessel contracts that Timsah is increasingly targeting with FAKHR 1 and similar programs.
- Fincantieri: Italian global shipbuilding group with extensive naval, cruise, and offshore vessel operations. Competes with Timsah for naval and government vessel contracts in the Mediterranean region and represents the international benchmark for naval shipbuilding capability.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Timsah Shipbuilding company social profiles
Digital presenceTimsah Shipbuilding company compliance and trust
Trust signalCompliance5 records
Timsah Shipbuilding company financial estimates
Financial estimateRevenue estimate
Valuation estimate
Timsah Shipbuilding company leadership team
Management profileNumber of profiles
Profiles1 record
Timsah Shipbuilding company funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Timsah Shipbuilding company 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 Timsah Shipbuilding company
What does Timsah Shipbuilding company do?
Timsah Shipbuilding Company designs, constructs, and repairs marine vessels including tugboats, ferries, warships, and offshore support vessels. The company also provides Single Point Mooring (SPM) repair, diving and underwater services, service boat construction, marine vessel charter/hire, and CNC machining services from its shipyards in Ismailia and Alexandria, Egypt.
Is Timsah Shipbuilding company a public or private company?
Timsah Shipbuilding company is a private company. It is classified as state government owned and is currently operating.
When was Timsah Shipbuilding company founded?
Timsah Shipbuilding company was founded in 1961. It employs 1,001 to 5,000 people.
Where is Timsah Shipbuilding company based?
Timsah Shipbuilding company is headquartered in Ismailia, Egypt, in the Africa region.
How does Timsah Shipbuilding company make money?
Five revenue lines are on record. Shipbuilding is the primary driver. The others are ship Repair, marine Vessel Hiring, SPM Repair and diving & Under Water Activities.
Who are Timsah Shipbuilding company's main competitors?
Direct peers on record are Lamprell Energy and Damen Shipyards Group. Regional players are Drydocks World, Eastern Marine Shipyard (Egypt) and Arab Shipbuilding and Repair Yard (ASRY). Broad incumbents are Hyundai Heavy Industries, Sembcorp Marine and Fincantieri.
Does Timsah Shipbuilding company have an API?
No public API is recorded for Timsah Shipbuilding company.
What industry is Timsah Shipbuilding company in?
Timsah Shipbuilding company's product category is Shipbuilding & Marine Vessel Construction. Its primary akta.pro industry code is IMAJACAH, Offshore Barge & Tender Assist Vessel Construction, with a secondary code of TLAKAKAE, Hull, Structure & Steelwork Repair. Its NAICS code is 336611 and its SIC code is 3730.