MARITIME TECHNOLOGY LTD
Maritime Technology d.o.o. is a Croatian authorized distributor and service provider selling marine diesel engines (Craftsman Marine, FNM), electric propulsion (ePropulsion), thrusters, and marine audio systems (Hertz) to yacht and boat owners across Croatia and selected EU markets.
- Company typePrivate
- Founded2011
- HeadquartersLondon, United Kingdom
- Headcount—
- GTM typeB2C
- OfferingHardware or Manufacturing
What MARITIME TECHNOLOGY LTD does
Maritime Technology d.o.o. (operating as Maritime Technology Ltd) is a privately held Croatian limited liability company headquartered in Rijeka with a secondary office in Pula, operating as an authorized distributor and service provider for multiple marine equipment brands. Founded in 2011 with 13+ years of experience in the Croatian marine market, the company sells marine diesel engines (Craftsman Marine, FNM Marine Engine), electric propulsion systems (ePropulsion outboards, pod drives, and batteries), bow and stern thrusters, and marine audio systems (Hertz Marine Audio amplifiers, source units, DSP processors, and speakers). Product pricing ranges from approximately €91 for small audio accessories to €18,699 for premium ePropulsion X-Series units, with diesel engines priced between €5,350 and €10,650. The company also offers professional installation, regular maintenance, and authorized warranty service for the brands it represents.
The company serves yacht and boat owners, marine audio enthusiasts, and electric propulsion users across Croatia and selected EU countries, operating through a direct-to-consumer e-commerce storefront at maritimetechnology.hr with bilingual Croatian/English content, EUR-denominated pricing inclusive of VAT, phone-based consultation, and weight-based delivery. Its core technology is the distribution and integration of third-party marine propulsion and audio hardware rather than proprietary product development; technical differentiators cited are durability and longevity for diesel engines, energy efficiency for electric outboards, ease-of-use for thrusters, and marine-grade durability certifications (IPX2, IP66, IP67) for audio systems. The website lists no AI, software platform, or proprietary technology features.
The business model is hardware sales and professional services revenue, structured around authorized distribution agreements with Craftsman Marine, FNM Marine Engine, ePropulsion, and Hertz Marine Audio. Go-to-market is primarily channel-partner/distributor-led via e-commerce and direct phone sales, targeting SMB and individual boat owners rather than enterprise accounts. The company is independently owned with no disclosed institutional investors, no parent company, no subsidiaries, and no M&A history, reflecting an organic, founder-led growth profile.
MARITIME TECHNOLOGY LTD firmographics
Firmographics- Name
- MARITIME TECHNOLOGY LTD
- Legal name
- Maritime Technology d.o.o.
- Website
- https://maritimetechnology.hr
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Short description
- Maritime Technology d.o.o. is a Croatian authorized distributor and service provider selling marine diesel engines (Craftsman Marine, FNM), electric propulsion (ePropulsion), thrusters, and marine audio systems (Hertz) to yacht and boat owners across Croatia and selected EU markets.
- Ownership category
- akta.pro rank
MARITIME TECHNOLOGY LTD industry classification
Industry- Product category
- Marine Equipment Distribution
- NAICS
- Ship Building and Repairing (336611), Support Activities for Water Transportation (4883)
- SIC
- Ship & Boat Building & Repairing (3730)
- akta.pro primary industry
- Marine Hybrid & Electric Propulsion Systems (IMAJAHAC)
- akta.pro secondary industries
- Propulsion MRO, Spares & Field Service (Overhauls, retrofits, upgrades) (IMAJAHAN), Marine Electrical Installation, Commissioning & Field Services (IMAJAJAL)
Keywords
Where MARITIME TECHNOLOGY LTD is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices2 records
Markets served
MARITIME TECHNOLOGY LTD business model
Business model- GTM type
- B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D
Revenue model
- Marine Engine Sales: Sales of marine diesel engines (Craftsman Marine, FNM Marine Engine) including sales, installation, and authorized service support
- Electric Motor Sales: Sales of ePropulsion electric outboard motors and related accessories including batteries for electric boat propulsion
- Marine Audio Equipment Sales: Sales of Hertz marine audio products including amplifiers, speakers, source units, processors, subwoofers, and accessories
- Service and Installation: Professional installation services, regular maintenance, and genuine spare parts for marine equipment
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Craftsman Marine Engines CM2.16 - CM4.65 |
| Unit Pricing | Pay-as-you-go | ePropulsion Electric Outboard Motors |
| Unit Pricing | Pay-as-you-go | Hertz Marine Audio - Amplifiers |
| Unit Pricing | Pay-as-you-go | Hertz Marine Audio - Source Units |
| Unit Pricing | Pay-as-you-go | Hertz Marine Audio - Processors |
| Unit Pricing | Pay-as-you-go | ePropulsion Pod Drives and Accessories |
| Unit Pricing | Pay-as-you-go | Marine Audio Accessories |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
MARITIME TECHNOLOGY LTD product offering
Product offeringCore offering
Maritime Technology d.o.o. is an authorized distributor and service provider in Croatia for premium marine propulsion and audio brands, selling Craftsman Marine diesel engines and thrusters, FNM marine engines (including hybrid powertrains), ePropulsion electric outboard/inboard motors and POD drives, and Hertz Marine Audio systems. The company handles the full customer journey, including product selection consultation, professional installation, authorized warranty service, and supply of genuine spare parts, supported by its own e-commerce storefront and bilingual Croatian/English website.
Product overview
Maritime Technology Ltd operates as an authorized distributor and service provider for multiple marine equipment brands in Croatia, offering a comprehensive portfolio of propulsion and marine audio solutions. The company provides Craftsman Marine diesel engines and thrusters, FNM marine engines (including hybrid powertrains), ePropulsion electric motors (outboard, inboard, and POD drives), and Hertz Marine Audio systems. The product lineup includes marine diesel engines (CM series from €5,350 to €10,650), electric outboard motors (eLite, Spirit 1.0 Plus), and marine audio equipment including source units (HMR series, CAPRI), amplifiers (Venezia V1/V4/V5/V6 series), and DSP processors (HMD8, S8). Services include professional installation, maintenance, and authorized warranty service for all product lines.
Differentiator
Problem solved
Functional benefit
Products and services
- Craftsman Marine Diesel Engines
Companies that use MARITIME TECHNOLOGY LTD
Customer profileSegments3 records
Ideal customer profiles3 records
MARITIME TECHNOLOGY LTD technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
MARITIME TECHNOLOGY LTD partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- Craftsman MarinecoreAuthorized distributor of Craftsman Marine marine engines in Croatia. Provides complete support including engine selection consultation, professional installation, and authorized service. Craftsman Marine engines are known for longevity, reliability, and simple maintenance.
- FNM Marine EnginecoreAuthorized distributor of FNM Marine Engine products including marine diesel engines and hybrid powertrains in Croatia. Offers complete FNM marine engine range for various vessel applications.
- ePropulsioncoreAuthorized distributor of ePropulsion electric outboard motors and related products including Pod Drive systems, batteries, and accessories. Products include electric outboard motors ranging from 500W to higher power options for various boat types.
- Hertz Marine AudiocoreAuthorized distributor of Hertz marine audio products including amplifiers (Venezia series), speakers, source units (HMR series), processors, subwoofers, and accessories. Products are designed for marine applications with IPX certifications.
Scale indicators1 record
Recent moves6 records
Expansion highlights5 records
MARITIME TECHNOLOGY LTD competitors and assessment
Company assessmentBroad incumbents
- West Marine: US-based largest marine retail chain selling engines, electronics, audio, and accessories to recreational boaters. Comparable in product breadth and category overlap (propulsion + marine audio), though primarily North American and significantly larger.
- Defender Marine: Long-established US marine equipment retailer/distributor with deep engine, electronics, and accessories catalog. Overlapping authorized-distribution and e-commerce business model to Maritime Technology, scaled to the US market.
- Yamaha Marine: Global outboard and marine propulsion OEM with strong European dealer network. Comparable product category to Maritime Technology's diesel/electric propulsion portfolio at much greater scale, often reaching the same Croatian/Adriatic boating customers.
- Suzuki Marine: Major Japanese marine propulsion OEM with established European dealer/distributor network for outboard engines. Competes in the same propulsion category Maritime Technology distributes via Craftsman Marine and FNM.
- Volvo Penta: Global marine propulsion OEM offering diesel and hybrid drivelines for leisure and commercial vessels. Directly competes with FNM hybrid powertrains and Craftsman Marine diesel engines carried by Maritime Technology.
- Mercury Marine: US-based global marine propulsion OEM (outboards, sterndrives, inboards) and major marine accessories brand. Competes head-to-head with Craftsman Marine and FNM in Maritime Technology's diesel portfolio and is increasingly moving into direct distribution and electric propulsion.
Direct peers
- Torqeedo: German manufacturer of electric outboard and inboard marine propulsion systems including batteries and hybrids. Direct competitor in the same electric propulsion category that Maritime Technology distributes through ePropulsion, with comparable target customer (yacht/boat owners seeking clean propulsion).
- SVB (Spezial-Versand Bremen): Large German online marine equipment retailer/distributor covering propulsion, electronics, deck hardware, and audio. Direct competitor on the marine e-commerce and authorized-distribution model across Europe, just operating at significantly larger scale.
Emerging players
- Elco Electric Boats: US-based electric marine propulsion manufacturer producing electric outboards and inboards. Emerging direct competitor in the same electric propulsion niche that Maritime Technology serves through ePropulsion distribution.
Regional players
- Compass Yacht (Adriatic marine chandlery): European/Adriatic marine chandlery and equipment supplier serving yacht owners with propulsion, electronics, and deck hardware. Closest regional peer to Maritime Technology in terms of Mediterranean recreational boating customer base and authorized-distribution business model.
Market position
Strengths3 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Customer concentration
MARITIME TECHNOLOGY LTD compliance and trust
Trust signalCompliance11 records
MARITIME TECHNOLOGY LTD financial estimates
Financial estimateRevenue estimate
Valuation estimate
MARITIME TECHNOLOGY LTD leadership team
Management profileNumber of profiles
MARITIME TECHNOLOGY LTD funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MARITIME TECHNOLOGY LTD M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MARITIME TECHNOLOGY LTD
What does MARITIME TECHNOLOGY LTD do?
Maritime Technology d.o.o. is an authorized distributor and service provider in Croatia for premium marine propulsion and audio brands, selling Craftsman Marine diesel engines and thrusters, FNM marine engines (including hybrid powertrains), ePropulsion electric outboard/inboard motors and POD drives, and Hertz Marine Audio systems. The company handles the full customer journey, including product selection consultation, professional installation, authorized warranty service, and supply of genuine spare parts, supported by its own e-commerce storefront and bilingual Croatian/English website.
Is MARITIME TECHNOLOGY LTD a public or private company?
MARITIME TECHNOLOGY LTD is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was MARITIME TECHNOLOGY LTD founded?
MARITIME TECHNOLOGY LTD was founded in 2011.
Where is MARITIME TECHNOLOGY LTD based?
MARITIME TECHNOLOGY LTD is headquartered in London, United Kingdom, in the Europe region.
How does MARITIME TECHNOLOGY LTD make money?
Four revenue lines are on record. Marine Engine Sales are the primary driver. The others are electric Motor Sales, marine Audio Equipment Sales and service and Installation.
Who are MARITIME TECHNOLOGY LTD's main competitors?
Broad incumbents on record are West Marine, Defender Marine, Yamaha Marine, Suzuki Marine, Volvo Penta and Mercury Marine. Direct peers are Torqeedo and SVB (Spezial-Versand Bremen). Elco Electric Boats is listed as an emerging player. Compass Yacht (Adriatic marine chandlery) is listed as a regional player.
Does MARITIME TECHNOLOGY LTD have an API?
No public API is recorded for MARITIME TECHNOLOGY LTD.
What industry is MARITIME TECHNOLOGY LTD in?
MARITIME TECHNOLOGY LTD's product category is Marine Equipment Distribution. Its primary akta.pro industry code is IMAJAHAC, Marine Hybrid & Electric Propulsion Systems, with a secondary code of IMAJAHAN, Propulsion MRO, Spares & Field Service (Overhauls, retrofits, upgrades). Its NAICS code is 336611 and its SIC code is 3730.