SWEDE SHIP MARINE

Name

SWEDE SHIP MARINE

Legal name

Swede Ship Marine AB

Website

https://swedeship.se

Company type

Private

Founded year

1894

Operating status

Operating

Ownership category

akta.pro rank

Product category

Commercial Shipbuilding and Marine Vessel Manufacturing

NAICS

Ship Building and Repairing (336611)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Patrol, Interceptor & Law-Enforcement Craft (Coast Guard, Customs) (IMAJADAD)

akta.pro secondary industries

Life-Saving Appliances & Safety Equipment (Davit Systems, Lifeboats, Firefighting) (IMAJAIAG), Naval & Government Vessel Maintenance & Modernization (TLAKAKAB)

Keywords

• Professional vessel construction
• Maritime rescue boats
• Aluminum shipbuilding
• Composite vessel manufacturing
• Marine service and repair

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. New Vessel Construction (Nybyggnadsproduktion): Design and construction of custom-built aluminum and composite vessels for maritime rescue, navy, coast guard, and commercial ferry operators. Revenue is generated through project-based custom vessel orders with multi-month delivery timelines.
2. Service and Repair: Maintenance, ship repairs, conversions, and aftermarket support across multiple shipyard locations in Sweden. Includes authorized Volvo Penta and Scania engine services.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Swede Ship Marine designs, builds, services, and repairs custom professional vessels — including rescue craft, patrol/police boats, work boats, and passenger ferries — using aluminum and advanced composite materials at three specialized shipyards in Sweden. The company operates an in-house engineering department for new vessel design and modification, builds every new series from a functioning prototype, and offers authorized Volvo Penta and Scania engine service across multiple locations.

Product overview

Swede Ship Marine is a Swedish shipbuilding company consisting of three specialized business units: Swede Ship Marine AB (Djupvik, Tjörn) builds aluminum vessels and has operated for over 120 years; Swede Ship Composite AB (Hunnebostrand) specializes in composite materials with 30+ years of experience; and Swede Ship Yachtservice AB (Gothenburg) provides authorized Volvo Penta and Scania service with 35 years of experience. The company operates under the parent company Ö-Borgen and offers new vessel construction across four main product lines: Rescue Vessels (8M to 24M models including high-speed, self-righting, and offshore rescue craft), Defense/Police Vessels (15M fast boats), Work Boats (10M-24M including hydrographic survey, pilot boats, and service vessels for offshore wind), and Ferries (15M-28M including electric shuttle ferries and the pioneering all-electric ELISE ferry). The company also provides comprehensive service and repair operations across all vessel types.

Differentiator

Problem solved

Functional benefit

Brands

• Djupviks varv: Shipyard located in Djupvik on Tjörn, Sweden, specializing in aluminum vessel construction and repair with over 120 years of operations
• Swede Ship Composite

Products and services

• Rescue Vessels (8M to 24M series) Custom-built high-speed rescue craft ranging from 8m to 24m, designed for maritime search and rescue operations in archipelagos, coastal, and open-sea conditions. Models feature self-righting hull designs, full redundancy in propulsion, navigation, and communication systems, and DNV class certification on multiple platforms.
• 15M Fast Police Boat Sturdy 15m police vessel with high maneuverability in sheltered waters and good seakeeping capability in offshore conditions. Glass fiber full sandwich composite hull construction, intended for maritime patrol and police authorities.
• 10M Work Boat Robust waterjet-driven 10m work boat designed for commercial use, equipped with a crane and bow ramp for loading and unloading from the beach. Used for towing, taxi, support, cargo, fish farming, diving, rescue, and oil recovery operations.
• 11M Hydrographic Survey Vessel Hydrographic survey vessel built for efficient and qualitative data collection with high transit speed capability. Features an ice-strengthened aluminum hull and a flexibly mounted superstructure providing a silent wheelhouse.
• 17M Fast Pilot Boat Pilot boat designed to provide excellent sea-going qualities and a high level of comfort for pilot operations, built for maritime authorities such as the Swedish Maritime Administration and Norwegian National Coastal Administration.
• 24M Service Vessel 24m service vessel designed for bow mooring on offshore wind mills, fitted with a 2 mT crane. Designed according to DNV rules for offshore wind service operations.
• SSM 40 Pleasure Boat Exclusive, fast, quiet, seaworthy, and practical aluminum boat with exceptional maneuverability, designed for transport and overnight stays year-round.
• 15M Electric Shuttle Ferry 15m electric passenger ferry powered by lithium batteries using wireless induction charging from land infrastructure, intended for sustainable commuter ferry operations.
• 15M Passenger Ferry (GoVakker Series) 15m passenger ferry operating across the river Glomma between eastern and western parts of Fredrikstad as part of the River Metro system, Norway. Battery-electric propulsion with contactless induction charging.
• 24M Passenger Vessel Passenger vessel with steel hull and aluminum superstructure, offering 99 seats in saloon and 49 seats on weather deck. Large cargo deck area with crane for loading and unloading.
• 28M Passenger Ferry Steel hull and aluminum superstructure passenger ferry built for operation in ice conditions, with 110 seats in saloon and 50 seats on weather deck plus a bow ramp for cargo handling.
• ELISE Electric Ferry Completely electric 25.9m passenger ferry — the first in Sweden to operate public transport lines on 100% electricity at sea. GRP hull, 150 passengers, 482 kWh battery capacity from Echandia with 2x 160 kW ABB engines.
• Marine Service and Repair (Swede Ship Yachtservice) Maintenance, ship repairs, conversions, and authorized Volvo Penta and Scania engine services for commercial coastal tonnage including pilot boats, archipelago boats, coast guard vessels, and road ferries. Includes mobile service vehicles that serve customers at their locations, plus large-scale composite repairs and conversion at the Hunnebostrand facility.

Quantifiable outcome

• First passenger ferry in Sweden to operate public transport lines with 100% electricity at sea (ELISE)

Named customers5 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

Feature5 records

Partnerships

Five partnerships are on record, tiered minor and core.

• Fossil Free MarineminorStrategic or Co-development Partner · 26 January 2022Fossil Free Marine selected Swede Ship Composite as supplier for the world's first full-scale commercial unmanned floating marine fuel station. Production planning commenced January 2022 with deployment targeted for 1H 2022. The agreement represents Swede Ship's participation in sustainable marine fuel infrastructure development.
• ReachMeeminorGTM or Marketing Partner · 9 September 2021Swede Ship entered a collaboration with ReachMee for online recruitment and career management. Job postings and applications are managed through the ReachMee platform on the Swede Ship website.
• Volvo Penta (Authorized Service)coreTechnology or IntegrationSwede Ship Yachtservice is an authorized Volvo Penta service workshop. Engine services and repairs are conducted under Volvo Penta authorization for commercial marine applications.
• Scania (Authorized Service)coreTechnology or IntegrationSwede Ship Yachtservice is an authorized Scania marine engine service workshop. Authorizations cover both Volvo Penta and Scania power systems for commercial coastal vessels.
• Ö-Borgen Group of ShipyardscoreStrategic or Co-development PartnerFollowing the April 2022 acquisition, Swede Ship became part of the Ö-Borgen group which includes multiple Swedish shipyards: Ö-varvet, Hasslö varv, Tenö varv, Simrishamns varv, Berg Marin, Power House, Donsö Engine and Shiprepair, Nya Varvet, CKG i Uddevalla, Metstech, Ö-PAC, Skillinge Svets, and Sublift. The group offers combined expertise across Swedish maritime operations.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Fassmer: German shipbuilder with a long-standing SAR and patrol craft portfolio (e.g., Federal German Sea Rescue). Comparable to Swede Ship Marine in mission-critical rescue, fast patrol, and pilot boat construction for government and rescue-society customers.
• Umoe Mandal: Norwegian high-speed patrol and rescue vessel builder, including the CB90-class fast assault craft. Direct Nordic competitor for coast guard, SAR, and government patrol tenders alongside Swede Ship.
• Brødrene Aa: Norwegian builder of high-speed light composite passenger ferries and rescue craft. Closely comparable to Swede Ship's composite-based fast rescue and electric ferry lines, including induction-charging ferries.
• SAFE Boats International: US aluminum patrol and rescue boat builder serving coast guard, police, and military customers. Direct functional peer for Swede Ship's aluminum law-enforcement, SAR, and workboat lines.
• OCEA: French aluminum shipbuilder specializing in patrol, interceptor, and crew transfer vessels. Comparable in aluminum construction technique and government/SAR customer base to Swede Ship Marine.
• All-American Marine: US builder of aluminum and composite high-speed passenger ferries, including hybrid-electric vessels. Comparable in materials, vessel categories, and focus on electric/hybrid propulsion ferries.

Broad incumbents

• Damen Shipyards: Large Dutch shipbuilding group with a broad patrol, SAR, ferry, and workboat portfolio. Competes with Swede Ship across multiple Nordic tenders as a broad incumbent with series-produced alternatives.
• Austal: Australian-headquartered aluminum shipbuilder producing high-speed defense, patrol, and commercial vessels globally. A broad incumbent competing for aluminum fast craft programs that overlap with Swede Ship's patrol and workboat lines.

Regional players

• Baltic Workboats: Estonian builder of aluminum workboats, pilot boats, patrol vessels, and small ferries. Regional peer focused on the Baltic Sea market with overlapping vessel categories to Swede Ship Marine.

Emerging players

• Aker Arctic: Finnish icebreaker and arctic vessel design/engineering specialist. Adjacent peer relevant to Swede Ship's self-righting rescue and ice-class ferry designs, with overlapping Nordic/Baltic customer base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/swedeshipmarine

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries4 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 SWEDE SHIP MARINE