Alexandria Shipyard Co.

Name

Alexandria Shipyard Co.

Legal name

Alexandria Shipyard Co.

Website

https://alexyard.com.eg

Company type

Private

Founded year

1962

Operating status

Operating

Headcount range

1,001–5,000 employees

Ownership category

akta.pro rank

Product category

Shipbuilding and Naval Vessel Construction

NAICS

Ship Building and Repairing (336611), Ship and Boat Building (3366), Ship and Boat Building (33661), Boat Building (336612)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Surface Combatants (Destroyers, Frigates, Corvettes) (IMAJABAA)

akta.pro secondary industries

Naval Ship Modernization, Refits & Life Extension (Depot Maintenance) (IMAJABAI), Dry Docks & Floating Docks (Graving, Floating, Syncrolift) (IMAJALAA), Heavy Lifting & Material Handling Infrastructure (Goliath Cranes, Jib Cranes, Hoists) (IMAJALAD), Yard Layout & Production Facilities (Assembly Bays, Block Fabrication Shops, Warehouses) (IMAJALAG), Naval & Government Vessel Maintenance & Modernization (TLAKAKAB), Mechanical Systems Repair (Engines, Propulsion, Pumps) (TLAKAKAF)

Keywords

• Naval shipbuilding
• Ship repair services
• Corvette construction
• Frigate construction
• Marine industrial services

Headquarters

HQ city

Alexandria

HQ country

Egypt

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Naval Vessel Construction: Construction of naval vessels including corvettes, frigates, and patrol boats for Egyptian Navy and international customers. Includes technology transfer arrangements and maintenance services.
2. Commercial Shipbuilding: Construction of commercial vessels including RoRo ships, general cargo ships, offshore vessels, tugs, barges, and GRP boats for various Egyptian and international clients.
3. Ship Repair Services: Repair and maintenance services using dry docks and floating dock facilities. Includes hull repairs, machinery maintenance, and modernization services.
4. Industrial Projects: Engineering and manufacturing services for industrial applications including pontoons, floating bridges, and specialized marine equipment.
5. Training Services: Technical training programs for shipbuilding and maritime trades through the ASY Training Center, serving internal needs and external industry workers.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Alexandria Shipyard Co. designs, builds, and repairs naval and commercial vessels for government and commercial clients, including corvettes (Gowind 2500), frigates (MEKO A-200), GRP patrol boats, RoRo cargo ships, tugboats, and salvage vessels. The shipyard also delivers ship repair services using drydocks and a floating dock, fabricates industrial marine structures such as pontoons for floating bridges, and operates a technical training center for shipbuilding trades.

Product overview

Alexandria Shipyard Co. is an Egyptian state-owned shipbuilding and repair enterprise operating as a full-service shipyard with a diversified vessel portfolio. Its core shipbuilding activities encompass naval vessels — corvettes (Gowind 2500) and frigates (MEKO A-200) — commercial ships (RoRo, general cargo, supply vessels, offshore vessels), and specialised craft (GRP boats, marine ambulance boats, tugboats, pontoons). The shipyard's product line spans from 13m GRP boats to 85,000 DWT commercial vessels, and is complemented by ship repair services (dry docks, floating dock, 24/7 operations), industrial engineering project services, and a technical training centre. The portfolio is structured around four main activities: shipbuilding, ship repair, industrial projects, and training.

Differentiator

Problem solved

Functional benefit

Products and services

• Gowind 2500 Corvette A corvette-class naval vessel built by Alexandria Shipyard featuring advanced combat systems and stealth design, produced under technology transfer for the Egyptian Navy and allied naval customers.
• MEKO A-200 Frigate A frigate-class naval vessel built under the MEKO design family with modular combat system architecture, constructed for the Egyptian Navy as part of a multi-unit programme.
• ASY-20 GRP Boat Glass Reinforced Plastic (GRP) boat produced by Alexandria Shipyard, designed for patrol, surveillance, and coastal operations. Built in the dedicated GRP/composite workshop.
• Al-Hurreya RoRo Ship Roll-on/Roll-off cargo ship constructed at Alexandria Shipyard, designed for wheeled vehicle transport with integrated ramp systems and vehicle deck configuration.
• ASD / VSP / AHTS Tugboats Tugboat product line encompassing Azimuth Stern Drive (ASD), Voith Schneider Propeller (VSP), and Anchor Handling Tug Supply (AHTS) vessels with bollard pull capacities ranging from 70 to 190 tons, including the RASTR 3200 class and high-capacity salvage tugboats.
• Maridive 602 Offshore Supply Vessel Offshore supply vessel constructed at Alexandria Shipyard for the Maridive oil field services fleet, used to support offshore petroleum operations.
• PV43-M Naval Vessel Multi-purpose naval vessel designed for maritime surveillance, reconnaissance, and protection of critical maritime infrastructure, with self-defence and anti-surface warfare capabilities. Produced in cooperation with NVL Egypt under a technology transfer programme.
• Marine Ambulance Boat First domestically built marine ambulance boat in Egypt (13m length, 4m width, 35-knot speed, capacity for 4 patients plus crew) equipped with medical and navigation systems for emergency maritime response, delivered to the Egyptian Ambulance Authority.
• Pontoons for Floating Bridges Modular pontoon units (85m length, 15m width, 2.25m draft, 524 tons each) for the national floating bridges programme linking Sinai with the Nile Valley, built under contract with Timsah Shipbuilding Co. and the Suez Canal Authority.
• Ship Repair Services Comprehensive vessel maintenance and repair services including dry dock facilities (10,000 DWT and 85,000 DWT capacity), 6,000 DWT floating dock, hull repairs, machinery servicing, and underwater works, operating 24/7 with classification society oversight.
• Industrial Project Services Engineering and fabrication services for industrial projects beyond marine vessels, including refractories, fertilizer hoppers, derricks, cranes, and sugar processing equipment such as the Al-Nouran Sugar Project.

Quantifiable outcome

• 30-40% cost reduction compared to existing tugboats in Egyptian ports
• +2 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• NVL EgyptcoreStrategic or Co-development Partner · 3 November 2025Cooperation for production of ten PV43-M naval vessels with technology transfer and expertise localization to develop Egypt's national naval industry. NVL's role extends to maintenance services, training, and technical support beyond shipbuilding.
• Bureau Veritas (BV)coreTechnology or IntegrationFrench classification society providing quality certification, classification surveys, and technical oversight for vessels constructed at Alexandria Shipyard, ensuring compliance with international maritime standards.
• Robert Allan Design Office (Canada)coreTechnology or IntegrationCanadian naval architecture firm providing design for ASD tugboats, including the Rastar ASD model with 85-90 ton bollard pull capacity. Design office collaboration enables first-time domestic construction of advanced tugboat designs.
• Kongsberg Maritime (Norway)coreTechnology or IntegrationNorwegian company providing main propulsion systems and deck machinery for tugboats built at Alexandria Shipyard, including propellers and deck equipment for vessels like the Ismailia salvage tugboats.
• MAN Energy Solutions (Germany)coreTechnology or IntegrationGerman manufacturer supplying main engines and basic machinery for vessels constructed at Alexandria Shipyard, including the Ismailia 190-ton bollard pull salvage tugboats.
• Kenya Shipyards LimitedcoreStrategic or Co-development PartnerKenya's state-owned shipbuilding entity involved in bilateral defense cooperation with Egypt. Partnership aims to expand bilateral ties in shipbuilding, military manufacturing, and professional training to advance naval capabilities and regional maritime stability.
• Timsah Shipbuilding Co.minorChannel Partner/ Reseller/ DistributorEgyptian shipbuilding company contracted by Suez Canal Authority for floating bridge projects. Alexandria Shipyard participates in constructing pontoons for these national strategic projects under this partnership.

Scale indicators9 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Timsah Shipbuilding Co. Egyptian state-owned shipyard and existing partner of ASY on the floating-bridges pontoon project — directly comparable in geography, ownership, and product scope, including naval and small-craft work.
• Anadolu Shipyard (ADIK): Turkish naval and commercial shipbuilder producing corvettes, patrol vessels, and support ships — comparable regional defense shipyard targeting export naval orders.
• Arab Shipbuilding & Repair Yard Company (ASRY): Bahrain-based Middle East shipyard providing shipbuilding, repair, and conversion services to naval and commercial clients — the closest regional full-service shipyard peer to ASY in scope, geography, and customer mix.

Broad incumbents

• Naval Group: France-based global naval defense shipbuilder and original designer of the Gowind corvette — comparable technology partner/competitor for advanced naval combatants built under technology transfer.
• Hyundai Mipo Dockyard: Korean mid-sized shipbuilder specializing in naval auxiliary, patrol, and small combatants — comparable on vessel categories (patrols, auxiliaries) and competitive in export markets ASY targets.
• Damen Shipyards: Global shipbuilding group with a strong tugboat and patrol-vessel portfolio — comparable in product lines (tugs, naval auxiliaries) and serves the same port-authority and navy segments, but on a much larger global scale.
• Fincantieri: Italian global shipbuilder with naval, cruise, and offshore capabilities — competes with ASY indirectly for MENA and African naval tenders and operates regional service hubs.
• Navantia: Spanish naval shipbuilder producing frigates, corvettes, and patrol vessels with technology-transfer programs — analog to ASY's MEKO/Gowind/PV43 partnerships and a likely competitor for foreign navies.

Regional players

• Garden Reach Shipbuilders & Engineers (GRSE): Indian state-owned shipyard focused on naval and patrol vessels for the Indian Navy and friendly foreign navies — analogous state-owned defense shipyard in an emerging market pursuing exports.
• Karachi Shipyard & Engineering Works: Pakistan state-owned shipyard producing naval and commercial vessels for the Pakistan Navy and merchant fleet — comparable state-owned defense shipyard operating in a similar emerging-market defense ecosystem.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/companyshipyard
• Facebookfacebook.com/alexyard.com.eg
• LinkedInlinkedin.com/company/alexandria-shipyard-asy

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Alexandria Shipyard Co.