FORTUNE TRADING MARINE LTD

What FORTUNE TRADING MARINE LTD does

FORTUNE TRADING MARINE LTD (FTM) is a privately held marine equipment distributor and technical service provider headquartered in Piraeus, Greece, operating with a headcount of seven and serving the global maritime industry. The company functions as an authorized sales and service agent for more than 14 international marine equipment manufacturers spanning Korea, China, Germany, and Norway, with several exclusive Greek or Greek-Cypriot agency agreements (FUCHS Fordertechnik, BUMHAN Industries, DAEHEUNG TECH, JUNG GONG, MnSi). Its commercial scope covers three integrated activities: total-solution supply of marine equipment and spare parts for newbuilding and retrofit projects, sales promotion for the represented principals, and technical services including inspection, maintenance, and calibration.

The product portfolio spans engine and pump spare parts (HIMSEN, IMO, Allweiler, Shinko, Naniwa, Westfalia, Samgong), ballast water management systems (Techcross, BSKY/WIGO), sewage treatment (SKMARINTEC), inert gas and scrubber systems (Feen Marine), marine windows and wipers (JUNG GONG/VISIONAV, CLEANAV, SOLANAV, BLINNAV), shipboard cranes (FUCHS), high-pressure compressors (BUMHAN), safety and mooring fittings (Tanktech), and galley/laundry/accommodation equipment (HODU, DAEHEUNG TECH). Technical services center on calibration and certification of Georim 15ppm Bilge Alarm Monitors (IMO Resolution MEPC107(49)) and Tanktech UTI ullage, oil-water interface, and temperature detectors, with delivery available in-workshop, on-board vessel worldwide, and on-exchange. The company holds ISO 9001:2015 certification from ABS Quality Evaluations (October 2022).

The business model is B2B sales-led with quote-based pricing: revenue derives from one-time equipment sales, spare parts supply, and recurring professional services tied to regulatory survey cycles (IOPP annual/intermediate/renewal surveys). Customers are enterprise shipping companies, ship owners, and shipyards engaged in newbuilding and retrofit procurement. Marketing relies on the corporate website (ftm.gr) plus LinkedIn and Facebook presence. FTM is independently owned with no disclosed parent, subsidiaries, or external funding.

Name

FORTUNE TRADING MARINE LTD

Legal name

FORTUNE TRADING MARINE LTD

Website

https://ftm.gr

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

FORTUNE TRADING MARINE LTD is a Piraeus-based authorized sales and service agent distributing marine equipment and spare parts from 14+ international manufacturers to shipping companies and shipyards globally, with calibration services for Georim bilge alarms and Tanktech UTI detectors.

Ownership category

akta.pro rank

Product category

Marine Equipment Distribution

NAICS

Ship Building and Repairing (336611)

SIC

Wholesale-Machinery, Equipment & Supplies (5080), Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Marine MRO Parts & Consumables Distribution (TLAKAOAJ)

akta.pro secondary industries

Marine Outfitting & Interior Refurbishment (TLAKAKAL), Engine & Mechanical Overhaul (Main/Aux Engines, Pumps, Valves, Compressors) (TLAHAMAD)

Keywords

• Marine equipment supply
• Marine spare parts
• Ship maintenance services
• Marine equipment distribution
• Ballast water management

Headquarters

HQ city

Piraeus

HQ country

Greece

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales

Revenue model

1. Marine Equipment Sales: Sale of marine equipment and spare parts from international manufacturers, covering new building projects and retrofit applications.
2. Spare Parts Supply: Supply of high-quality spare parts as direct replacements for original equipment manufacturer parts, including alternative spares for Alfa Laval, Westfalia, IMO pumps, and other major brands.
3. Technical Services (Calibration, Inspection, Maintenance): Technical services including inspection, maintenance and calibration for Georim 15ppm Bilge Alarm Monitor GBA-155 and Tanktech UTI's. Services offered in-workshop, worldwide on-board vessel, and on-exchange basis with reconditioned or brand new upgraded units.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Fortune Trading Marine Ltd supplies marine equipment and spare parts as an authorized sales and service agent for multiple international marine equipment manufacturers. The company provides complementary technical services including calibration, inspection, and maintenance of marine equipment for the commercial shipping industry from its base in Piraeus, Greece.

Product overview

FORTUNE TRADING MARINE LTD operates as a marine equipment and spare parts supplier offering a comprehensive portfolio of products and services for the maritime industry. The company's offering is organized around three core areas: (1) Total solutions for marine equipment and spare parts supply, (2) Sales promotion for international marine equipment manufacturers they represent, and (3) Technical services including calibration, inspection, and maintenance. The product portfolio includes spare parts for major engine brands (HIMSEN, IMO pumps, Allweiler, Shinko, Naniwa, Westfalia, Samgong) and equipment from represented manufacturers including VISIONAV marine windows and CLEANAV wiper systems (JUNG GONG), FUCHS cranes, Feen Marine gas systems, Techcross and BSKY ballast water management systems, SKMARINTEC sewage treatment plants, Bumhan compressors, Tanktech safety and mooring equipment, and Daeheung/HODU galley and laundry systems. Technical services encompass calibration and certification for Georim 15ppm Bilge Alarm monitors and Tanktech UTI measuring devices.

Differentiator

Problem solved

Functional benefit

Products and services

• Marine Equipment Spare Parts Supply Distribution and supply of spare parts for marine equipment sourced from multiple international manufacturers, sold to commercial shipping operators and shipyards.
• Authorized Sales Agency for International Marine Equipment Manufacturers Acts as an authorized sales agent representing multiple international marine equipment manufacturers in the Greek market, providing local sales support and customer access to OEM product lines.
• Marine Equipment Calibration Services Calibration services for marine equipment, supporting regulatory compliance and operational accuracy for shipping operators and vessel owners.
• Marine Equipment Inspection Services Inspection services for marine equipment to verify condition and compliance for shipping operators, classification societies, and vessel owners.
• Marine Equipment Maintenance Services Maintenance services for marine equipment supporting vessel uptime and lifecycle performance for shipping operators and shipyards.

Quantifiable outcome

• Accuracy of Tanktech UTI calibration: ±2mm for ullage and interface detection; ±0.1°C temperature accuracy over calibration range (0°C to 60°C)

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

13 partnerships are on record, tiered core.

• Tanktech Co., Ltd.coreTechnology or IntegrationTanktech UTI's (Ullage, oil water interface, Temperature detectors). Fortune Trading Marine is authorized to provide inspection, maintenance and calibration for Tanktech UTI's.
• GEORIM ENGINEERING (Authorised Agent)coreTechnology or IntegrationFortune Trading Marine is authorized sales and service agent for Georim products including the 15ppm Bilge Alarm Monitor GBA-155.
• DHP ENGINEERINGcoreTechnology or IntegrationDHP Engineering Co., Ltd. - supplier of plate heat exchangers and fresh water generators.
• JUNG GONG IND.CO.,LTDcoreTechnology or IntegrationExclusive agent for JUNG GONG IND.CO.,LTD. Specializes in marine windows including Side Scuttle, Rectangular Window, Fire Resistant Window, Sound Insulation Window, Thermal Insulation Window. Also represents CLEANAV window wiper systems and SOLANAV sunscreens.
• BUMHAN INDUSTRIES CO.,LTD.coreTechnology or IntegrationExclusive representative and agent for Bumhan Industries in Greece. Manufacturer of high pressure air compressors (30-400 bar) for marine and overland applications. Products include water-cooled and air-cooled compressors.
• FUCHS FORDERTECHNIK AGcoreTechnology or IntegrationExclusive agent for Greece and Cyprus. Manufacturer of material handling equipment including Engine Room Cranes, Travelling Trolleys, Provision Cranes, Telescopic Cranes, Yacht Cranes, and Special Systems.
• SKMARINTEC CO. LTDcoreTechnology or IntegrationSKMARINTEC Co Ltd - manufacturer of Eco-Friendly Electrolysis Type Sewage Treatment Plant (SM-P Series).
• FEEN MARINE (Co-Operatives)coreTechnology or IntegrationExclusive agent. Manufacturer of Inert Gas systems & Exhaust Gas Cleaning System. Has delivered over 200 systems to shipyards in Korea, China, Poland, Indonesia, Turkey, Philippines & Japan. Also produces scrubber systems.
• BSKY Ballast Water Management System (WIGO Corporation)coreTechnology or IntegrationBSKY BWMS by WUXI BRIGHTSKY / WIGO Corporation. Ballast water management system using UV radiation without chemical addition. Flow rates from 100m3/hr up to 6,000m3/hr.
• DAEHEUNG TECH CO., LTD.coreTechnology or IntegrationExclusive agent for Greece. Manufacturer of marine equipment including F.W. Supply System Unit, Calorifier, Mineralizer, Sterilizer, Heat Tracing System, Buffer Tank Unit, Carbon Filter, Emergency Shower & Eyewash System, Hot Water Heater Unit, Electric Heater, Room Space Heater, Steam Radiator, Control Panel.
• MnSicoreTechnology or IntegrationExclusive agent for Greece. MnSi Co., Ltd. - manufacturer of Fuel Supply Booster Unit and Purifier Unit for enhancing main engine efficiency by maintaining fuel temperature, pressure and viscosity in optimal conditions.
• HODU Co. Ltd.coreTechnology or IntegrationHODU CO.,LTD. - manufacturer of galley, laundry equipment, laboratory equipment, and furniture for offshore applications.
• Y SolutioncoreTechnology or IntegrationFortune Trading Marine Ltd is the Agent of Y Solution. Y Solution is sole agent of Kwang-San for Air Vent Head products and Expansion Joint products.

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• MacGregor: Provider of marine cargo and load-handling equipment, offshore load-handling, and vessel services. Overlaps with FTM's representation of FUCHS cranes and deck equipment used in shipyards and on vessels.
• Hempel A/S: Global coatings supplier to marine, oil & gas, and infrastructure industries. Comparable as a marine-focused B2B supplier with similar shipowner/shipyard customer base, though operating in coatings rather than equipment and spare parts.
• Wärtsilä: Broad marine equipment manufacturer and lifecycle services provider covering engines, gas systems, BWMS, and electrical systems. Overlaps with FTM's portfolio across engine spares, LNG/gas systems, and emissions compliance, with a much larger services and direct-sales footprint.
• ABB Marine & Ports: Supplies marine electrical, automation, propulsion, and digital systems to shipyards and operators. Comparable to FTM's shipyard-facing OEM agency portfolio, though at much larger scale and with proprietary technology.
• Alfa Laval: Global OEM of marine heat exchangers, separators, pumps, and fluid handling equipment — one of the brands FTM supplies alternative spare parts for. Comparable in marine equipment category coverage but operates as a manufacturer with direct service rather than a distributor.
• Kongsberg Maritime: Marine technology provider for bridge systems, automation, and vessel operations. Comparable as a major marine OEM/agency serving shipyards and shipowners, though focused on higher-end integrated systems rather than spare parts distribution.

Direct peers

• Wilh. Wilhelmsen Holding ASA: Global maritime industry group with a Ships Service division that distributes marine products and offers ship supply, spare parts, and services globally. Closely comparable to FTM's business model of multi-OEM agency distribution to shipowners, though at vastly larger scale.
• Marine Spare Parts (Marexim): Independent marine spare parts supplier based in Europe serving shipping companies and shipyards with multi-brand engine and equipment spares. Direct peer to FTM in providing alternative/OEM-equivalent spare parts and ship supply across multiple categories.

Regional players

• Teknos (Marine / Industrial Coatings): European-based industrial and marine coatings supplier with offices in the Nordic region. Less directly comparable as a coatings company, but a useful reference for European-headquartered marine B2B suppliers serving shipyards.

Others

• TORM: Large publicly-listed product tanker shipping company. While not a distributor, TORM exemplifies the type of large Greek-rooted shipowner customer that FTM serves, providing context on the buyer profile.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/fortune-trading-marine-ltd

Compliance1 record

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 FORTUNE TRADING MARINE LTD