Name

Hana Shipping Inc.

Legal name

HANA-SHIPPING

Website

https://hana-shipping.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Offshore Marine Services

NAICS

Support Activities for Water Transportation (4883)

SIC

Water Transportation (4400)

akta.pro primary industry

Offshore Marine & Aviation Support (PSVs, AHTS, Crew Boats, Helicopters) (EUALABAJ)

akta.pro secondary industry

Offshore Support & Marine Logistics Vessel Operators (PSV/AHTS) (TLADABAL)

Keywords

• Offshore vessel services
• Marine logistics
• Floating offshore wind
• Oil and gas platform support
• Subsea cable installation

Headquarters

HQ city

Ulsan

HQ country

South Korea

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Core offering

Hana Shipping Inc. operates a fleet of six specialized offshore vessels that provide marine logistics, surveillance, geotechnical survey, subsea cable installation, anchor handling, and service operations for offshore oil and gas platforms and floating offshore wind energy projects. The company delivers end-to-end vessel-based support across the lifecycle of floating offshore wind farm development, from seabed survey and anchor installation through cable deployment to ongoing turbine inspection and maintenance. Its fleet includes KOROL No.1 and KOROL No.2 offshore service vessels serving KNOC's Donghae-1 Gas platform, plus GTV, CLV, AHTV, and SOV vessels purpose-built for floating offshore wind operations.

Product overview

Hana Shipping Inc. operates a fleet of specialized offshore vessels for the offshore wind energy and oil & gas industries. The company offers six distinct vessel types: two Offshore Service Vessels (KOROL No.1 and No.2) for gas platform maintenance and surveillance serving KNOC; one Geo-Technical Vessel (GTV) for seabed surveys and geotechnical analysis; one Cable Laying Vessel (CLV) for submarine cable installation and maintenance; one Anchor Handling Tug Vessel (AHTV) for anchor operations and structure towing; and one Service Operation Vessel (SOV) for wind turbine maintenance. Together, these vessels provide end-to-end solutions for floating offshore wind farm development and operation.

Differentiator

Problem solved

Functional benefit

Products and services

• KOROL No.1 Offshore Service Vessel (OSV) for the KNOC Donghae-1 Gas platform maintenance fleet; a 45m diameter vessel with 20-person capacity providing offshore logistics support, boundary operations, and surveillance at the gas platform. Equipped with ARPA Radar (x2), Auto Pilot, Gyro Compass, GMDSS Radio Station (Sea Area A1+A2+A3), Caterpillar 3512B main propulsion (2,350Kw), and 120Ton brake capacity winch.
• KOROL No.2 Offshore Service Vessel (OSV) deployed alongside KOROL No.1 in the KNOC Donghae-1 Gas platform maintenance fleet; a 58m diameter vessel with 25-person capacity providing offshore logistics support and boundary operations. Equipped with Caterpillar/Yanmar main propulsion (2,942Kw), bow thruster (315Kw), 72Ton brake capacity towing winch, and 5Ton cargo crane. Also engaged as an EIA vessel for Equinor in 2023.
• GTV (Geo-Technical Vessel)

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Ulstein Group: Norwegian shipyard and design group that builds specialized offshore and offshore wind vessels (SOVs, wind turbine installation vessels, cable layers). Comparable because it supplies and designs the same vessel types that Hana operates (CLV, AHTV, SOV).

Direct peers

• Vroon Offshore: Dutch offshore services company with PSVs, AHTSVs and SOVs. Comparable because its fleet and service mix (platform supply, anchor handling, wind-farm SOV operations) directly mirror Hana's KOROL, AHTV and SOV offerings.
• Siem Offshore: Offshore vessel owner with OSVs, SOVs and subsea construction ships supporting O&G and offshore wind. Comparable vessel classes and customer base to Hana Shipping, particularly in the European and emerging floating-wind markets.
• Solstad Offshore: Norwegian owner/operator of a large OSV fleet including AHTS, PSV and offshore wind vessels. Comparable because it operates in the same vessel classes as Hana (AHTS, PSV, SOV) and serves the same offshore wind and O&G customer base.
• Bourbon Offshore: Global OSV operator with deep fleet of PSVs and AHTSVs serving oil & gas and offshore wind. Comparable because its PSV/AHTS services for platform operators directly substitute for Hana's KOROL OSV activities at KNOC.
• DOF Subsea: Global OSV/subsea operator running AHTS, subsea construction and survey vessels for offshore energy. Comparable because it competes with Hana in the same offshore support vessel segments (AHTS, subsea survey, IMR) serving oil & gas and offshore wind developers worldwide.
• ESVAGT: Danish specialist in Service Operation Vessels (SOVs) and Emergency Response vessels for European offshore wind. Highly comparable to Hana's SOV and surveillance vessel offerings for floating wind O&M.

Regional players

• North Star Shipping: UK-based operator of SOVs and service vessels for offshore wind, primarily in the North Sea. Comparable SOV-led business model to Hana's SOV offering, though regionally focused on UK offshore wind farms.
• Havila Shipping: Norwegian owner of PSVs and AHTSVs primarily serving North Sea operators. Comparable vessel classes and O&G customer mix to Hana, though regionally focused on Norwegian/UK sectors rather than East Asia.

Emerging players

• Edda Wind: Pure-play SOV operator purpose-built for offshore wind, commissioned from 2022 onwards. Comparable emerging player to Hana's SOV business, with a stronger current focus on European fixed-bottom wind but expanding into floating wind services.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/hana-shipping

Compliance3 records

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 Hana Shipping Inc.