Marine Results

What Marine Results does

Marine Results International is a privately held UK-headquartered specialist marine engineering firm founded in 2003 that provides rigging, survey, inspection, ropework, load testing and hydraulic-system servicing for large sailing superyachts. The company operates from three bases - Hamble (UK headquarters with load testing and dye-penetrant testing facilities), Palma de Mallorca (waterfront site at STP Shipyard plus C'an Valero workshop with 14 full-time staff) and Pendennis Vilanova near Barcelona (workshop equipped with a 500T press for heading rod rigging up to 40mm) - and dispatches technical teams dockside worldwide wherever a yacht is moored.

Its service offering spans rigging design, installation, tuning, mast stepping/unstepping and refit; mast and rig surveys using aerospace-derived non-destructive testing (dye penetrant, ultrasound, B-Scan/A-Scan) plus in-house destructive load testing to a minimum 3:1 safety rating; LEEA-accredited fabrication, certification and thorough examination of lifting equipment per EU Machinery Directive 2006/42/EC; and exclusive authorised servicing of Seaway Powell captive winches (CW10-CW1824), capstans, hydraulic cylinders, traveller systems and windlasses, for which Marine Results holds all original blueprints following its 2016 acquisition of Seaway Powell's resources.

Marine Results is Lloyd's Register Approved (since November 2022) for survey of masts and rigging on fore/aft rigged and DynaRigged yachts, and holds authorised-installer status with Harken and Ronstan for access rail systems. The company is founder-led by Ed Danby (1994 Jules Verne Trophy winner aboard ENZA New Zealand) and Jon Morris (former Volvo Ocean Race rig manager for Ericsson, Telefonica, Team Russia and Abu Dhabi Ocean Racing), employs approximately 25 specialists globally, and serves a named client roster that includes most of the world's largest sailing yachts - M5, Black Pearl, Maltese Falcon, Hyperion, Kokomo III, Salute, Badis, Vertigo, Asahi, Ahimsa, Maiden and Rainbow. The business model is quote-based professional services with revenue generated from refit contracts, recurring 5-year and annual surveys, recertification work and OEM authorised installations; pricing is not publicly disclosed.

Name

Marine Results

Legal name

Marine Results International Ltd

Website

https://marineresults.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

11–50 employees

Short description

Marine Results is a privately held UK-founded specialist marine engineering firm that designs, installs, inspects and services rigging, hydraulic systems and lifting equipment for the world's largest sailing superyachts from bases in Hamble, Palma and Vilanova.

Ownership category

akta.pro rank

Product category

Superyacht Rigging and Marine Survey Services

NAICS

Ship Building and Repairing (336611)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Marine Systems Commissioning, Testing & Certification Support (TLAKAKAM)

akta.pro secondary industries

Commercial Ship Repair & Drydocking (TLAKAKAA), Marine Electrical Installation, Commissioning & Field Services (IMAJAJAL)

Keywords

• Superyacht rigging services
• Mast and rig surveying
• Load testing certification
• Seaway powell servicing
• Marine logistics management

Headquarters

HQ city

Hamble

HQ country

United Kingdom

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Rigging Services: Design, installation, tuning, maintenance, survey and ropework services for yacht masts and rigging on a global basis. Turnkey services include logistics management and dockside facility setup worldwide.
2. Survey and Inspection Services: Mast and rig surveys using state-of-the-art testing centres. Non-destructive testing (NDT) to detect internal flaws. Destructive testing for safe working load specifications.
3. Seaway Powell Servicing: Official main service agent for Seaway Powell winch and hydraulic systems. Provides spare parts, servicing, and overhaul for captive winches, capstans, hydraulic cylinders, travellers, and windlasses.
4. Load Testing and Lifting Equipment Services: LEEA accredited load testing, certification, and inspection services for lifting equipment. Provides 6 and 12 monthly servicing schedules according to EU Machinery Directive 2006/42/EC.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

Marine Results delivers specialist rigging, survey, load-testing and hydraulic-servicing services for large sailing superyachts on a global turnkey basis. Core work includes design, installation, tuning, maintenance and ropework for masts and rigging, plus non-destructive testing (dye penetrant and ultrasound) and destructive testing of running rigging using aerospace-developed equipment. The company is also the official service agent for legacy Seaway Powell winch and hydraulic systems following a 2016 acquisition of the original blueprints and resources.

Product overview

Marine Results is a rigging and maritime services company offering a portfolio of specialized services for large sailing yachts. The core offerings include: (1) Rigging Services — design, installation, tuning, maintenance, survey and ropework; (2) Survey Services — using aerospace-industry testing equipment including NDT inspections; (3) Load Testing and Inspection — LEEA-certified testing for lifting equipment; (4) Seaway Powell Products — servicing of captive winches, capstans, hydraulic cylinders and related systems for which Marine Results acquired the manufacturing rights in 2016; and (5) Logistics Management — worldwide project management and dockside facility setup. The company operates globally from bases in Hamble (UK), Palma (Spain), and Pendennis Vilanova (Spain), and has provided rigging services for iconic projects including M5 (the world's largest sloop), Black Pearl (105m with 3 DynaRig masts), Maltese Falcon, Hyperion, and Maiden.

Differentiator

Problem solved

Functional benefit

Products and services

• Rigging Services Design, installation, tuning, maintenance, survey and ropework for sailing yacht masts and rigging on a global basis. Includes mast unstepping, inspection, repair, supply of equipment, and restepping of some of the world's tallest rigs. Turnkey projects include logistics management and rapid setup of comprehensive dockside facilities anywhere in the world.
• Mast and Rig Survey Services Mast and rig surveys using state-of-the-art testing centres in Hamble and Palma, employing equipment developed in the aerospace industry. Includes non-destructive testing (NDT) to detect internal flaws and cracks not visible to the naked eye, plus in-house destructive testing machines that evaluate breaking loads on running rigging and components so the company can specify and meet safe working loads.
• Non-Destructive Testing (NDT) Advanced NDT inspection using equipment developed in the aerospace industry. Includes dye-penetrant inspection (fluorescent water washable), ultrasound inspection, and B-Scan/A-Scan capabilities to detect internal flaws, cracks and component integrity issues not visible to the naked eye.
• Load Testing and Inspection LEEA-accredited load testing facility in Palma providing fabrication, installation, certification and thorough examination of lifting equipment including custom lifting strops, slings, crane cables and access rail systems. Includes consultancy on EU Machinery Directive 2006/42/EC compliance with 6 and 12 monthly servicing schedules.
• Seaway Powell Winch and Hydraulic Systems Servicing Official main service agent for Seaway Powell captive winches (CW10, CW12, CW14, CW16, CW18, CW1824), capstans (C3000E through C15000), runner foreguy winches, windlasses, hydraulic cylinders, travellers, and transom door/hatch locks. Marine Results holds all original blueprints and provides spare parts, full strip-down, rebuild and function testing.
• Worldwide Logistics Management Worldwide logistics management with the ability to rapidly set up comprehensive dockside facilities anywhere in the world, including transport, cranage and coordination for large-scale rigging projects within tight timescales.
• Superyacht Rig Project Delivery End-to-end servicing of rigs on the world's largest performance and luxury yachts, from initial consultancy through to inspection, recommendation, product supply, rig re-stepping, sail testing and tuning. Track record covers America's Cup campaigns, globe-lapping racing yachts, luxury superyachts and supermaxi cruiser/racers including M5, Black Pearl, Maltese Falcon, Hyperion and Maiden.

Quantifiable outcome

• 3:1 minimum safety rating maintained on all running rigging specifications
• +3 more outcomes

Named customers12 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

Feature5 records

Partnerships

18 partnerships are on record, tiered core and minor.

• HarkencoreTechnology or Integration · 1 January 2022Appointed by Harken as official Access Rail System installers. Marine Results International S.L. and Marine Results International Ltd are authorised, trained, qualified and regularly service Harken Access Rail Systems.
• RonstancoreTechnology or Integration · 1 January 2022Approved supplier of access rails and systems from Ronstan. Safety systems allow freedom of movement and ability for crew to be securely harnessed while working outboard along yacht hull.
• LEEA (Lifting Equipment Engineers Association)coreStrategic or Co-development Partner · 1 January 2021LEEA is the leading global trade association for the lifting industry. Marine Results gained LEEA accreditation for load testing and heavy lifting certification services.
• Seaway PowellcoreOEM/ Whitelabel/ Licensing Partner · 1 January 2016Marine Results acquired the resources of Seaway Powell in 2016, becoming the official main service agent including spares and support. Holds all original blueprints for captive winches, capstans, hydraulic cylinders, traveller systems, windlasses and other hydraulic systems. Serves owners and operators of these systems still found on large ocean-going yachts, commercial vessels, UK Ministry of Defence vessels and RNLI lifeboats.
• Carbo-LinkcoreTechnology or IntegrationCarbon rigging supplier. Worked with Marine Results on M5 rig upgrade programme replacing rod rigging with carbon rods.
• Complete Marine FreightminorStrategic or Co-development PartnerMarine freight logistics partner listed on Marine Results partners page.
• Diverse Yacht ServicesminorChannel Partner/ Reseller/ DistributorYacht services partner listed on Marine Results partners page.
• International NDTcoreStrategic or Co-development PartnerAssociate company providing NDT testing services. Tests high load fittings using Fluorescent Water Washable Dye Penetrant inspection methods for Marine Results projects.
• Ocean Yacht Systems (OYS)coreTechnology or IntegrationStanding rigging specialist. Long-term rigging supplier for projects including Maiden. Provides rod rigging services.
• Peters & MayminorStrategic or Co-development PartnerMarine logistics partner listed on Marine Results partners page.
• ReckmanncoreTechnology or IntegrationFurler manufacturer partner. Works with Marine Results on furler servicing for yachts including Kokomo III and Vertigo.
• Seago YachtingminorChannel Partner/ Reseller/ DistributorYacht equipment supplier partner listed on Marine Results partners page.
• Southern SparscoreTechnology or IntegrationCarbon spars and rigging manufacturer. Built Kokomo III's mast built in carbon fibre.
• Wavelength NDTminorStrategic or Co-development PartnerNDT services partner listed on Marine Results partners page.
• YachtworkminorChannel Partner/ Reseller/ DistributorYacht services partner listed on Marine Results partners page.
• Pendennis ShipyardcoreStrategic or Co-development PartnerUK shipyard partner for major refit projects including M5 refit and Sea Biscuit service. Also partnered for Vilanova facility.
• NCA RefitcoreStrategic or Co-development PartnerItalian shipyard with capacity and hard standing space for massive rig work on M5 and Silencio projects.
• STP Shipyard PalmacoreStrategic or Co-development PartnerPalma shipyard location for Marine Results operations and Kokomo III mast stepping.

Scale indicators5 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• Harken: Global marine hardware manufacturer (winches, furlers, blocks, access rail systems). Marine Results is an authorised Access Rail System installer. Harken's installed base creates recurring inspection/service work for Marine Results but they are not a service peer.
• Hall Spars: Long-established manufacturer of spars and rigging for performance sailing yachts and superyachts. Listed as a partner on Marine Results' projects page. Broad incumbent with overlapping rigging capabilities but larger scale.
• Southern Spars: Major manufacturer of carbon spars and rig packages for superyachts (built Kokomo III's mast in partnership with Marine Results). Larger portfolio of new-build work, but overlapping client base and rigging expertise makes them comparable.

Direct peers

• Future Fibres: Composite rigging manufacturer and service provider for superyachts and America's Cup campaigns, listed as a Marine Results partner (Hetairos project). Competes directly in composite standing rigging service for large sailing yachts.
• OneSails (New Zealand): Independent sailmaker and rigging service provider with yards in NZ and Europe. Although primarily a sailmaker, OneSails supplies integrated rigging services to performance superyachts, putting it in partial competition with Marine Results' rigging services.
• Ocean Yacht Systems (OYS): Specialist standing rigging manufacturer and supplier for superyachts. Listed as a core Marine Results partner, supplied rigging for the Maiden refit. Competes for standing rigging specification and supply contracts.
• Reckmann: Manufacturer of furler and hydraulic systems for superyachts. Marine Results services Reckmann furlers on yachts like Kokomo III and Vertigo. Comparable as a rigging-system specialist serving the same superyacht customer base.
• Carbo-Link: Specialist manufacturer of carbon fiber standing rigging for superyachts and America's Cup. Partnered with Marine Results on the M5 carbon rod upgrade. Competes in next-generation rigging technology serving the same superyacht client base.
• Magmastructure: Independent rigging service and engineering company serving large sailing yachts and refit yards in France and the Mediterranean. Comparable superyacht focus, similar service model with dockside/yard deployment, comparable size.

Others

• Navtec: Specialist in standing rigging, hydraulics, and lifelines. Jon Morris is a qualified Navtec service agent. Functions as a supplier and competitor in rigging distribution/service; complementary rather than fully overlapping.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xtwitter.com/marineresults
• YouTubeyoutube.com/channel/UCYtR2Dwd42E11kjZq4UGXmg
• Facebookfacebook.com/MarineResults
• Instagraminstagram.com/marineresults
• LinkedInlinkedin.com/company/marine-results-international-limited

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries1 record

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 Marine Results