Aqaba Port Marine Services Company

What Aqaba Port Marine Services Company does

Aqaba Port Marine Services Company (APMSCO) is a Jordanian private joint venture established on December 13, 2006 between Aqaba Development Corporation (ADC) — acting as grantor for the Jordanian government — and Lamnalco Jordan Company (LAMJO), itself a JV between Lamnalco Limited (Cyprus) and Jordan National Shipping Lines Company. APMSCO commenced operations in March 2007 and provides an integrated portfolio of marine services at Port of Aqaba under exclusive rights granted by the Joint Development Agreement (JDA) signed December 16, 2006. Its core offerings include pilotage (11 certified Masters Mariners), tug operations, mooring services, berthing across 40 berths, slipway repairs for vessels up to 40m/400 tonnes, offshore firefighting via four equipped tugs, and — since the 2014 Tripartite Agreement — dedicated LNG marine services via a 7-vessel fleet supporting the Sheikh Sabah Al-Ahmad LNG Terminal.

APMSCO operates 13 dedicated vessels in total: a Main Port fleet of 6 (2x45 MT, 2x25 MT, 1x80 MT bollard pull ASD tugs, 2 service boats) and the LNG fleet of 7. The company is governed by the SLIMS (Smit Lamnalco Integrated Management System), which integrates ISM, ISPS, STCW, IMO standards, Classification Society requirements, Flag State regulations, and P&I Club guidelines into a single operational framework. Certification is maintained under Jordan Maritime Commission oversight; KPIs are actively monitored by ADC.

Revenue is generated via service charges for pilotage, tugging, mooring, slipway, and LNG marine services, with all tariffs set and approved by the Aqaba Special Economic Zone Authority (ASEZA). The GTM motion is direct enterprise B2B: APMSCO delivers services 24/7 to every commercial, LNG, and bulk vessel calling at Port of Aqaba, with no alternative supplier permitted under the JDA. The company employs 215+ personnel, of whom only three are expatriates, and is a JV partner with the Ministry of Energy and Mineral Resources (MEMR) and NEPCO for the national LNG supply chain.

Name

Aqaba Port Marine Services Company

Legal name

Aqaba Port Marine Services Company

Website

https://apms.jo

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

1–10 employees

Short description

Aqaba Port Marine Services Company (APMSCO) is a Jordanian joint venture providing exclusive marine services at Port of Aqaba, including pilotage, tug operations, mooring, slipway, and LNG vessel support for all commercial shipping, LNG carriers, and cargo vessels calling the port under a government-backed monopoly concession.

Ownership category

akta.pro rank

Product category

Port Marine Services

NAICS

Navigational Services to Shipping (48833), Port and Harbor Operations (48831), Support Activities for Water Transportation (4883)

SIC

Water Transportation (4400), Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

Offshore Support & Marine Logistics Vessel Operators (PSV/AHTS) (TLADABAL)

akta.pro secondary industry

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

Keywords

• Port marine services
• Pilotage services
• Tug operations
• Mooring services
• Ship berthing facilities

Headquarters

HQ city

Aqaba, 2663

HQ country

Jordan

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Marine Services Revenue: APMSCO generates revenue by providing essential marine services to vessels at Port of Aqaba, including pilotage, tug operations, mooring services, and berthing facilities. Charges for these services are set and approved by ASEZA (Aqaba Special Economic Zone Authority). Services are provided under exclusive rights through the Joint Development Agreement (JDA).

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

APMSCO provides exclusive marine services at the Port of Aqaba, supplying pilots, tugs, mooring teams, and slipway repair support to all commercial vessels, LNG carriers, and cargo ships calling at the port. The company operates under a Joint Development Agreement (JDA) with Aqaba Development Corporation that grants it sole rights to deliver these services, which include pilotage by 11 certified Masters Mariners, tug assistance from a 13-vessel fleet split between Main Port and LNG operations, mooring and berthing at 40 berths, and slipway repairs for vessels up to 40m in length and 400 tonnes mass. Offshore firefighting capability is delivered through 4 tugs equipped with firefighting delivery systems.

Product overview

Aqaba Port Marine Services Company (APMSCO) operates as a maritime services provider offering an integrated portfolio of port operations and marine support services. The core offerings include Marine Services (pilots, tugs, and mooring teams), Pilotage Services (11 certified Masters Mariners), Slipway Services (vessel repair up to 40m/400 tons), and Berthing Facilities (40 berths). APMSCO maintains two dedicated fleet operations: the Main Port Fleet (6 vessels including ASD tugs ranging from 25-80 MT bollard pull and service boats) and the LNG Fleet (7 dedicated vessels). The company also provides offshore firefighting services through 4 equipped tugs. All services operate under exclusive rights granted by the Joint Development Agreement with Aqaba Development Corporation and comply with international maritime standards including ISM code and ISPS.

Differentiator

Problem solved

Functional benefit

Products and services

• Marine Services Integrated marine service package providing pilots, tugs, and mooring teams to facilitate vessel movements within the Port of Aqaba. Service charges are set and approved by ASEZA.
• Pilotage Services Professional pilotage service delivered by a dedicated team of 11 certified Masters Mariners. Training and development is monitored via APMSCO Marine Team and Jordan Maritime Commission.
• Slipway Services Slipway operation capable of accommodating vessels up to 40m in length and 400 tons mass. Provides efficient repairs and maintenance to minimize vessel downtime and delays.
• Berthing Facilities Port of Aqaba is equipped with 40 berths including old and new port facilities in the South. Night time berthing restrictions apply for certain terminals including Oil Terminal, LNG Terminal, and dangerous cargo facilities.
• Offshore Firefighting Services Firefighting services provided by 4 tugs equipped with firefighting delivery systems for offshore emergency response operations within the Port of Aqaba.
• APMSCO Main Port Fleet (Tug Operations) Tug operations service delivered through Main Port fleet consisting of 2x45 MT bollard pull ASD Tugs, 2x25 MT bollard pull ASD Tugs, 1x80 MT bollard pull ASD Tug, and 2 Service Boats, used to provide tug assistance for commercial vessels at the Port of Aqaba.
• APMSCO LNG Fleet (LNG Vessel Marine Services) Dedicated marine services for LNG operations, delivered via a fleet of 7 vessels established under the Tripartite Agreement dated 24 July 2014, expanding marine services to all LNG traffic at the Port of Aqaba and serving the Sheikh Sabah Al-Ahmad LNG Terminal.

Quantifiable outcome

• Over 215 employees with only 3 expatriates, demonstrating strong localization

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Six partnerships are on record, tiered flagship and core.

• ADC (Aqaba Development Corporation)flagshipStrategic or Co-development Partner · 13 December 2006ADC is a private shareholding company in Jordan and acts as the grantor representing the Jordanian Government. ADC signed the Joint Development Agreement (JDA) on 16 December 2006 granting APMSCO exclusive rights to provide marine services at Port of Aqaba. ADC actively monitors APMSCO's Key Performance Indicators (KPIs).
• Smit LamnalcocoreStrategic or Co-development PartnerSmit Lamnalco is the international marine services partner providing operational expertise and the SLIMS (Smit Lamnalco Integrated Management System). The company was originally established as a joint venture between Lamnalco Limited (Cyprus) and Jordan National Shipping Lines Company.
• JNSL (Jordan National Shipping Lines Company)coreStrategic or Co-development PartnerJNSL is a Jordanian shipping company and founding partner of APMSCO through its joint venture with Lamnalco Limited (Cyprus) to form Lamnalco Jordan Company (LAMJO).
• ASEZA (Aqaba Special Economic Zone Authority)coreStrategic or Co-development PartnerASEZA (Aqaba Special Economic Zone Authority) sets and approves charges for marine services provided by APMSCO. The authority oversees the regulatory framework for port operations in Aqaba and coordinates initiatives like the COVID-19 vaccination campaign for port workers.
• Ministry of Energy and Mineral Resources (MEMR)coreStrategic or Co-development PartnerMEMR acknowledged the existing JDA in APMSCO LNG's Tripartite Agreement (TPA) on 24 July 2014, expanding APMSCO's marine services to all LNG traffic. The ministry subsequently assigned the agreement to NEPCO through ministerial resolution dated 1 September 2014.
• NEPCO (National Electric Power Company)coreStrategic or Co-development PartnerNEPCO received assignment of the Tripartite Agreement from MEMR through ministerial resolution dated 1 September 2014, expanding APMSCO's marine services to all LNG traffic serving the national electric power sector.

Scale indicators7 records

Recent moves9 records

Expansion highlights4 records

Emerging players

• Inchcape Shipping Services: Global port agency and ship services provider offering husbandry, vessel support and port call coordination. Comparable to APMSCO on the ship-agency/husbandry side of its port call services, though less focused on tug-asset towage.

Direct peers

• Rimorchiatori Mediterranei: Mediterranean port towage specialist operating tug fleets across Italian and Mediterranean ports. Directly comparable in geography (Med/Red Sea adjacency) and in the harbour towage, mooring and vessel support services APMSCO provides at Aqaba.
• KOTUG International: Independent port towage and terminal services operator with a global footprint of harbour tugs and dedicated LNG/mooring operations. Highly comparable to APMSCO's tug fleet, LNG service mandate and dedicated-vessel model.
• Svitzer: Global port towage and marine services operator (Maersk subsidiary) running large tug fleets at major ports worldwide. Directly comparable to APMSCO in core activity (harbour towage, pilotage support, terminal services) and contractual model (often multi-year exclusive mandates).
• Smit Lamnalco: International marine services provider of harbour towage, terminal services, offshore support and SLIMS-based operations across Africa, the Middle East and Asia. APMSCO's strategic partner and the source of its operating system — closest functional and operational peer.
• PSA Marine: Singapore-based provider of pilotage, towage, port marine services and offshore support across major Asian and Middle East terminals. Comparable in service scope (pilots, tugs, mooring) and in operating multi-port multi-vessel fleets under exclusive mandates.
• Saam S.A. Latin American port towage and logistics operator with dedicated harbour tug fleets serving container, bulk and specialized terminals. Comparable business model of exclusive terminal contracts and dedicated tug deployment similar to APMSCO.
• Vroon: International shipping group with offshore support, towage and platform supply vessels, including dedicated terminal towage activities in NW Europe. Comparable in operating harbour tugs and supporting offshore/port vessel operations.
• Fairplay Towage: European harbour towage group operating dedicated ASD tug fleets at multiple European ports under long-term port authority contracts. Closely comparable in vessel type, contract structure and port-centric service model to APMSCO.

Broad incumbents

• Boskalis: Large Dutch marine services and offshore contractor with harbour towage, dredging and offshore support capabilities. Broader portfolio than APMSCO but overlaps materially on terminal marine services and offshore vessel support.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/aqaba-port-marine-services-company

Compliance3 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 Aqaba Port Marine Services Company