OCEAN MARINE SERVICES CO., LTD

What OCEAN MARINE SERVICES CO., LTD does

OCEAN MARINE SERVICES CO., LTD (주)오션마린서비스) is a Korean marine supplies and services distributor founded in April 1986 and headquartered in Ulsan, South Korea. The company operates a "Total Marine Solution" model, serving ship owners, ship management companies, major Korean shipbuilders (Hyundai Heavy Industries, Daewoo, Samsung, Hyundai Samho, STX), and diesel power plants across five product lines: engine spare parts (Hyundai-MAN B&W 2-stroke, WinGD 2-stroke, HiMSEN 4-stroke, and Hyundai Electric), vessel equipment and machinery from 40+ manufacturers, marine and industrial lubricants, ship stores and provisions, and technical services (engine overhaul, electric equipment maintenance, and shore services). The company is an authorized distributor for Hyundai Marine Solution, HHI-EMD, Total Lubmarine, Shell Marine, S-Oil TotalEnergies, HD Hyundai Oilbank, MAN-ES, and WinGD, and distributes IMO environmental compliance products (SCR NoNOx systems, BWTS, and SOx scrubbers).

The company is privately held and led by CEO Kim Jong-moon (김종문). It operates two warehouses in Ulsan and Busan (with 10-15 minute trucking distances to Hyundai shipyards), plus three international branch offices in Singapore (2015), Hamburg (2016), and Athens (2019). It holds ISO 9001 certification (DNV, 2000), IMPA membership since 1990, and ISSA membership since 1987, and has received multiple Korean government recognitions including the Prime Minister's Commendation (2020), MOTIE Minister's Award (2015), and Trade Day Export Tower awards ($5M in 2000, $10M in 2009, $20M in 2011). The company's stated strategic ambition under VISION 2030 is to become the "NO.1 TOTAL MARINE PROVIDER." Revenue is not publicly disclosed; the headcount figure of 5 in the input data appears inconsistent with the operational footprint described and likely reflects a data extraction limitation.

Name

OCEAN MARINE SERVICES CO., LTD

Legal name

(주)오션마린서비스

Website

https://oceanma.com

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

1–10 employees

Short description

Ocean Marine Services is a Korean marine supplies distributor (founded 1986, Ulsan) serving ship owners, shipyards, and power plants globally with engine parts, lubricants, vessel equipment, ship stores, and technical services as authorized agent for Hyundai, Total, Shell, MAN-ES, and WinGD.

Ownership category

akta.pro rank

Product category

Marine Supplies & Distribution Services

NAICS

Ship Building and Repairing (336611), Other Support Activities for Water Transportation (48839), Support Activities for Water Transportation (4883)

SIC

Ship & Boat Building & Repairing (3730), Misc Industrial & Commercial Machinery & Equipment (3590)

akta.pro primary industry

Propulsion MRO, Spares & Field Service (Overhauls, retrofits, upgrades) (IMAJAHAN)

akta.pro secondary industries

Accommodation & Interior Outfit (Cabins, Galleys, Sanitary, Furniture) (IMAJAIAF), Engine & Mechanical Overhaul (Main/Aux Engines, Pumps, Valves, Compressors) (TLAHAMAD), Underwater Hull Inspection, Cleaning & Propeller Services (TLAKAKAJ)

Keywords

• Marine supplies distribution
• Engine spare parts
• Marine lubricants
• Ship stores provisioning
• Vessel technical services

Headquarters

HQ city

Ulsan

HQ country

South Korea

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Engine Parts Sales: Authorized distributor of Hyundai Marine Solution engine spare parts for 2-stroke and 4-stroke engines (HYUNDAI-MAN B&W, HYUNDAI-WinGD, HYUNDAI-HiMSEN). Supplies to ship owners and diesel power plants globally.
2. Lubricants Sales: Official sales agent for Total Lubmarine (France), Shell Marine, S-Oil TotalEnergies, HD Hyundai Oilbank. Supplies marine, ship, and industrial lubricants.
3. Vessel Equipment & Machinery: Supplies wide range of ship machinery from authorized manufacturers including valves, pumps, heat exchangers, sewage treatment, deck machinery, electrical equipment.
4. Ship Stores & Provisions: IMPA member since 1990. Provides general marine stores, fresh/dry/frozen provisions, bonded stores. Operates warehouses in Ulsan and Busan.
5. Technical Services: Engine overhaul and maintenance (2 & 4 stroke), electric equipment maintenance, shore services (hull cleaning, FFE/LSA inspection, calibration, crane repair).

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Ocean Marine Services is a Total Marine Solution provider supplying genuine marine engine spare parts (2-stroke and 4-stroke Hyundai/MAN/WinGD), marine and industrial lubricants, vessel machinery and equipment from 40+ manufacturers, ship stores and provisions (IMPA-registered), and technical services including engine overhaul, electric equipment maintenance, and shore services to ship owners, shipyards, and diesel power plants globally.

Product overview

OCEAN MARINE SERVICES CO., LTD is a comprehensive marine solutions provider offering a diverse portfolio of products and services under a Total Marine Solution approach. The core offerings include: (1) Engine Parts division supplying genuine spare parts for 2-stroke engines (HYUNDAI-MAN B&W, WinGD) and 4-stroke HiMSEN engines, plus Hyundai Electric spares; (2) Eco Systems providing SCR (NoNOx-LP/HP) and BWTS (HiBallast, EcoBallast) for environmental compliance; (3) Vessel Equipment/Machinery from 40+ manufacturers covering valves, pumps, compressors, and deck machinery; (4) Ship Stores including IMPA-registered general stores, fresh/frozen provisions, and bonded stores; (5) Lubricants as authorized distributor of Total Lubmarine, Shell, S-Oil TotalEnergies, and HD Hyundai Oilbank; (6) Technical Services encompassing engine overhaul, electric equipment maintenance, and shore services; (7) Specialty products including anti-fire rubber mats and cargo pumping systems.

Differentiator

Problem solved

Functional benefit

Products and services

• Engine Parts (2-Stroke Engines) Genuine spare parts for 2-stroke marine engines including HYUNDAI-MAN B&W models (S46MC-C, L/S/K/G50MC-C through G98MC-C) and WinGD models (RTA/RTF48 through RTA/RTF96, X52/62/72/82/92DF/B), covering bed plate, cross head pin, frame box, and piston rod components. Supplied to ship owners and diesel power plants globally.
• Engine Parts (4-Stroke Engines) Genuine spare parts for 4-stroke HiMSEN marine engines including H17/21V through H46/60 models, covering piston, cylinder frame, connecting rod, cylinder cover, cylinder liner, and cylinder head components. Distributed to domestic and global ship owners and diesel power plants.
• Hyundai Electric Spares Authorized distributor of HHI-EMD Hyundai Genuine Engine Spare parts including generators, motors, AMS (Alarm Monitoring System), switchboards, and transformers for domestic and global ship owners. Includes HiMAP Recondition services for electric components.
• Eco Systems (SCR and BWTS) Environmental compliance systems including SCR (Selective Catalytic Reduction) technology for NOx reduction using urea solution, NoNOx-LP and NoNOx-HP variants for 2-stroke engines, HiBallast electrolysis disinfection system, and EcoBallast UV disinfection system for ballast water treatment to meet IMO environmental regulations.
• Cargo Pumping System Hydraulic submerged pump systems including Hi-Well Cargo Pump, hydraulic power unit, control system, ballast pump, portable pump with winch, tank cleaning pump, and hydraulic oil transfer pump with optional cargo heater and diffuser for tanker vessels.
• Vessel Equipment and Machinery Comprehensive range of ship machinery from 40+ manufacturers including Alfa Laval (BWMS, boilers, heat exchangers), Cummins (emergency generators), Kangrim (boilers), Sewon Industries (cargo tank venting), covering valves, compressors, pumps, steering gear, sewage treatment, and deck machinery for shipbuilders and ship owners.
• Ship Stores (General Marine Stores) IMPA-registered marine supplies since 1990 including clothes and linen, ropes and hawsers, rigging equipment, marine paint, safety equipment, hoses, nautical equipment, medicine, petroleum products, stationery, tools, and welding equipment for vessels calling at Korean ports.
• Provisions and Bonded Stores Fresh, dry, and frozen provisions including vegetables, meat, milk, fruits, seafood, noodles, ice cream; bonded store supplies including alcohol, cigarettes, and personal items. Operated from refrigerated and frozen storage warehouses in Ulsan and Busan for delivery during port calls.
• Marine and Industrial Rubber Mats Manufactured rubber mats for marine and industrial use with electrical insulation and anti-fire properties in various sizes including deck rubber mats (OM104, OM106, OM107, OM111) with IMPA numbers for vessel applications.
• Marine Lubricants Authorized distributor of Total Lubmarine, Shell Marine, S-Oil TotalEnergies, and HD Hyundai Oilbank lubricants including cylinder oils (talusia), system oils (atlanta marine D), trunk piston engine oils (aurelia), hydraulic oils, gear oils, and greases for vessels and power plants.
• Ship Oils (Marine Lubricants Full Range) Full range of marine lubricants including cylinder oils, system oils, trunk piston engine oils, engine oils (disola, rubia), hydraulic oils, gear oils, compressor oils, refrigerating oils, turbine oils, heat transfer oils, stern tube oils, and greases from S-Oil, Total Lubmarine, and Shell.
• Industrial Lubricants Sales agent for S-Oil and Total Lubmarine industrial lubricants including gear oils, mechanic oils, hydraulic fluids, compressor oils, transformer oils, greases, and XTeer product line (IGO, COMP-P, Turbine Oil, WAY, Therm, Machine Oil, Spintex, Grease) for industrial customers.
• Technical Services Engine maintenance and repair services including 2 and 4-stroke major overhaul, re-conditioning of cylinder cover/head, skirt, nozzle, and valves; electric equipment maintenance for HV/LV SWBD, ACB, HiMAP, and relay systems; shore services including hull cleaning, FFE/LSA/lifeboat inspection, calibration, and crane repair.

Quantifiable outcome

• ~35% global marine diesel market share served through Hyundai engine parts distribution

Named customers13 records

Segments4 records

Ideal customer profiles3 records

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 and minor.

• Shell MarinecoreChannel Partner/ Reseller/ Distributor · 1 May 2024Official Shell Marine sales agent. Authorized to sell Shell marine lubricants and products.
• Global Echo Co., Ltd.minorChannel Partner/ Reseller/ Distributor · 1 March 2022Sales agent for Global Echo MS-Sox Scrubber (EGCS - Exhaust Gas Cleaning System) since March 2022.
• HD Hyundai OilbankcoreChannel Partner/ Reseller/ Distributor · 1 January 2019Official lubricant sales agent for HD Hyundai Oilbank. Part of the authorized lubricant distribution network.
• Viper Wire Rope Lubricator AustraliaminorChannel Partner/ Reseller/ Distributor · 1 January 2013Korea exclusive distributor agreement for Viper Wire Rope Lubricator products from Australia, signed January 2013.
• S-Oil (에쓰-오일) / TotalEnergiescoreChannel Partner/ Reseller/ Distributor · 1 February 2010Official lubricant sales agent for S-Oil TotalEnergies. Supplies industrial lubricants and marine products including gear oils, hydraulic oils, compressor oils, turbine oils, and greases.
• Total Lubmarine (France)coreChannel Partner/ Reseller/ Distributor · 1 February 2005Official lubricant sales agent for Total Lubmarine (France). Provides marine lubricants including cylinder oils (Talusia), system oils, trunk piston engine oils, hydraulic oils, gear oils, and greases.
• COMTECH OIL SEPARATORminorChannel Partner/ Reseller/ Distributor · 1 April 2002Korea exclusive distributor agreement for COMTECH OIL SEPARATOR products since April 2002.
• Century CorpminorChannel Partner/ Reseller/ Distributor · 1 July 2001Distributor partnership with Century Corp established July 2001.
• Hyundai Heavy Industries - Engine & Machinery Division (HHI-EMD)coreChannel Partner/ Reseller/ Distributor · 1 September 2000Official authorized distributor of Hyundai Heavy Industries Engine & Machinery Division (HHI-EMD). Supplies Hyundai Genuine Engine Spare parts for HiMSEN engines and electric components.
• MANHO ROPEminorChannel Partner/ Reseller/ Distributor · 1 October 1988Sales agent for MANHO ROPE products since October 1988.
• Hyundai Marine Solution (HD 현대마린솔루션)coreChannel Partner/ Reseller/ Distributor · 1 April 1986Authorized distributor of Hyundai Marine Solution engine spare parts. As the authorized agents of HYUNDAI MARINE SOLUTION, Ocean Marine has been supplying Hyundai Genuine Engine Spare to many domestic and global ship owners and diesel power plants worldwide.
• MAN Energy Solutions (MAN-ES)coreChannel Partner/ Reseller/ DistributorAuthorized distributor for MAN B&W 2-stroke engines including ME-C, ME-GI, ME-GIE, ME-GA, ME-LGIM, ME-LGIP, X-Engines, X-DF Engines, RT-flex Engines. Supplies genuine spare parts for global MAN engine applications.
• WinGDcoreChannel Partner/ Reseller/ DistributorAuthorized distributor for WinGD (Winterthur Gas & Diesel) 2-stroke engines. Supplied engines include RTA/RTF series (RTA/RTF48T through RTA/RTF96C) and X52/62/72/82/92 series.

Scale indicators4 records

Recent moves11 records

Expansion highlights5 records

Direct peers

• V.Ships (V.Group): Global ship management and marine services group providing technical management, crewing, and procurement services. Comparable as a shipowner-facing services provider, though V.Group is broader in scope.
• GAC Group: Global ship agency, husbandry, and marine logistics provider serving shipowners and yards across major hubs (including Singapore, Hamburg, Piraeus/Athens). Closely comparable footprint to OMS in port-call marine supply coordination.
• Bernhard Schulte Shipmanagement (BSM): Germany-headquartered ship manager with global technical management, procurement, and marine services. Operates similar owner-facing supply chain and technical services functions to OMS.
• World Fuel Services: Global bunker fuel and marine lubricant supplier with vessel services and supply chain solutions. Comparable as a marine lubricants and supplies distributor serving international shipowners.
• Thome Group: Singapore-based ship management and marine services group with global operations in ship management, crew management, and supply services. Overlaps with OMS in technical services and procurement support.
• Wilhelmsen Ships Service: World's largest marine products and services distributor, offering ship stores, lubricants, safety equipment, and technical services to global shipowners and yards — the same one-stop model Ocean Marine Services targets. Direct global competitor in marine supplies and husbandry services.

Broad incumbents

• Alfa Laval: Global marine equipment manufacturer (heat exchangers, separators, BWMS) supplying shipyards and shipowners. Functions both as a principal supplier to OMS (vessel equipment line) and a competitor for technical service contracts.
• Kongsberg Maritime: Major marine technology supplier of automation, navigation, and engine room systems with global service network. Overlaps with OMS in engine/electrical technical services but as a manufacturer-incumbent.
• MAN Energy Solutions (MAN-ES): World-leading 2-stroke marine engine manufacturer (MAN B&W) and lifecycle service provider. Functions both as a key OEM principal of OMS (authorized distributor) and as a competitor with its own PrimeServ service network.
• Wärtsilä: Global marine technology incumbent providing engine lifecycle services, parts, and digital solutions. Competes with OMS's engine maintenance service line and overlaps with parts distribution, but at much larger scale and as a manufacturer rather than distributor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ocean-marine-services-co-ltd

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 records

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 OCEAN MARINE SERVICES CO., LTD