Top Maritime Companies in Thailand

The maritime industry is a crucial driver of Thailand's economy, playing a central role in trade, transportation, and development. With a strategic location and an extensive coastline, the country has capitalized on its natural advantages to create a thriving maritime sector. This article explores the key statistics, factors contributing to its growth, industry comparisons, trends, challenges, and future outlook of the Thai maritime industry.

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CompanyHeadcountContactDescriptionDecision Maker
KSE MARINE WORKS PTE LTD18 +65 6268 1158

IMPEX MARINE S PTE LTD9 +65 6272 3868

SENTINEL MARINE LTD239 +65 6223 7168

An International Shipowning and Marine Investment Company.Specialising in the Offshore Oil and Gas IndustryConsultants and Shipbrokers.Areas of operation North Sea,West Africa and South East Asia.Types of Vessels Anchor Handling Tug Supply,Platform Supply,ERRV and Light ROV/Survey Vessels.

UNIWISE OFFSHORE LIMITED58 +66 38 247 597

Established in 1999, Uniwise Offshore, a Joint Venture of the Unithai Group, a major Thai offshore, shipyard and logistics group, and Miclyn Express Offshore (MEO), an Singapore based leading provider of offshore service vessels covering South-East Asia, Australia and the Middle East, has grown to become Thailand’s leading indigenous offshore support vessel (OSV) company.Uniwise Offshore owns and operates the largest crew boat fleet in the Gulf of Thailand and state of the art Marine Support Vessels, AHTS, and Utility vessels supporting:- Tanker Lifting, Static Tow duty; Drilling Rig Activities:- Anchor Handling, SPM Maintenance, Floating Hose Maintenance, Cargo Transportation, Stand-by, Fire-fighting, and Oil spill response. Supporting the Kingdom’s offshore Oil and Gas activities with transportation of crew changes and inter-field cargo operations. The company is growing its fleet of Drilling Rig Supporting: Anchor Handling Tug and Supply (AHTS) vessels.A key focus of the management, staff and crews of the company is on operational excellence and the belief that all accidents are preventable. As such, the company has demonstrated the highest commitment and performance in Health, Safety, Quality, and Environment and (HSQE), vessel uptime, and fuel efficiency metrics. This is led through regular management visits and audits with each vessel to discuss and embed themes of operational excellence.To support the growing operations in the Gulf of Thailand, Cambodia, the Malaysia Thai Joint Development Area and Myanmar, Uniwise has invested in shore support bases in Sattahip and Songkhla, in addition to the Bangkok head office.In addition to providing technical and commercial management for its own fleet, Uniwise Offshore provides technical management for a wide range of Offshore Supply Vessels and crew boats from MEO. In all, Uniwise Offshore provides technical management for over 40 vessels.

MCC TRANSPORT153 +65 6221 2800

Formerly known as MCC Transport, Sealand – A Maersk Company is a regional container logistics company that combines passionate local teams and agile-thinking with an unrivalled global network powered by the larger Maersk family.We move our customers’ cargo quickly and efficiently across the Americas, Asia, Europe, North Africa and the Middle East. Through the close connection to Maersk we ensure our customers the benefits of industry-leading logistics expertise and cutting-edge technology.As the global leader in shipping services, A.P. Moller Maersk operates in 130 countries, employs roughly 76,000 people and works to connect and simplify its customers’ supply chains.

GALILEO MARITIME ACADEMY13 +66 91 034 9081

Galileo Maritime Academy is a dedicated professional crew training facility located in Thailand at Phuket Yacht Haven Marina and is the only such training facility in Asia Pacific accredited by the Maritime and Coastguard Agency of the UK Department for Transport (MCA) and approved to issue 20 MCA Certificates of Proficiency. We provide the first step for those looking to begin a career as superyacht crew, while also offering basic STCW, advanced and refresher courses for professional seafarers already engaged in the superyacht and commercial maritime industries. The Galileo Campus and Headquarters is located 10 minutes from Phuket International Airport. Galileo offers Full board residence packages and transportation services for crew trainees, providing the most convenient maritime training experience available.Galileo Facilities: - Student Residence & Recreation Rooms - School of Marine Engineering - School of Advanced Firefighting - Survival Training and Life Rafts - Medical Training Centre - Survival Craft & Fast Rescue Boats - Training Vessels & Tenders - Hospitality & Culinary Arts Centre - 3-metre deep survival poolGalileo Courses:Galileo provides a wide range of safety, security and first aid courses to meet the needs of Superyachts and cruise ship, merchant ship and oil / gas rig owners, managers and operators. These courses meet and exceed the international standards established by IMO, MNTB, MCA and ISPS.In addition to established courses, Galileo works with client companies to develop training programs that meet their own specific training needs and policies, providing consultancy services and also undertaking on-board security and safety audits with reports and recommendations.

LANPAN PTE LTD204 +65 9295 4468

Lanpan is the Owner, Operator, and Manager of a modern fleet of Tugboats, Anchor Handling / Towing Tugs (AHT), and Deck Cargo & Water Carriers (Barges). Established since 2006, the Singapore based company is helmed by an experienced team comprising professionals with more than 20 years of involvement in shipbuilding, chartering, operation, and maintenance. Entrenched on solid fundamentals, it has inevitably brought about year on year growth. Today, Lanpan is a niche service provider in the offshore oil and gas industry. Her vessels are chartered by world renowned EPIC Companies, National Oil Companies, and Oil Majors, servicing in offshore construction projects and oilfields in UAE, Malaysia, Myanmar, Indonesia, Thailand, Vietnam, India, and Australia with resounding success.started in July 2018, Lanpan Pte Ltd - Abu Dhabi was set up to focus on Lanpan business in middle east and beyond as a local vendor to service client in the shared homeland.

ANDAMAN MARITIME SERVICES2 +66 81 893 9985

Need a Marine Surveyor? Anthony Gates, Principle Surveyor of Andaman Maritime Services (AMS) conducts Pre-purchase, Insurance & Flag State Surveys. Whether you are buying a boat; already a boat owner, or a super yacht captain, AMS has the services you need.Visit our website at www.ams-sea.com for more information on services provided.

APEX SEALING TECHNOLOGIES PTE LTD18 +65 6265 3498

One of the leading Sealing Specialist & Stockist in Singapore. APEX are serving customers in a wide variety of industries, including mechanical engineering, shipbuilding, the food and pharmaceutical industries.

POSH FLEET SERVICES579 +65 6265 0177

POSH Fleet Services (PFS) is a dedicated in-house ship manager with four core pillars of operations - HSEQA, Technical, Procurement and Crewing. With more than 100 vessels under management and a strong track record of supporting complex projects globally, PFS possesses the expertise to take on third-party engagements.

SMIT LAMNALCO1,175 +65 6432 6230

Smit Lamnalco provides first class, reliable and customised marine support in any environment. We ensure safe and efficient operations in any part of the world.Our quality is in our people. With their dedication, we go to extremes to deliver the best towage and related marine services possible. No matter how demanding the operation, how remote the location or how complex the local situation, we are dedicated to meet and exceed expectations. Wherever, whenever, whatever, we’re in for any challenge.With approximately 160 vessels and over 2,500 staff worldwide, Smit Lamnalco is dedicated to providing marine support services tailored to the operational needs of global customers in local markets both on and offshore. With over 55 years of operational expertise, and active in over 30 countries throughout the Middle East, Africa, Europe, Australia and Asia, Smit Lamnalco specialises in bringing international standards on safety and reliability to onshore and offshore operations in challenging environment.More information on Smit Lamnalco: www.smitlamnalco.com.

HARINSUIT TRANSPORT CO LTD5 +66 2 289 1156

The Harinsuit Transport Co., Ltd. is a leading specialist in coastal transportation of breakbulk cargo in Thailand and South East Asia. With privately-owned berthing facilities strategically located in Bangkok and Songkhla in Southern Thailand, the company maintains a regular schedule between the two cities as well as to and from other ports in Thailand and South East Asia.Harin Transport’s fleet comprises vessels ranging from approximately 1,500 DWT to 2,800 DWT. and the company currently employs over 150 full-time crewmenTypical cargoes include maize, timber, steel product, flour, salt, wheat, and other agricultural and consumable products both in bulk and in palletized format

HIGHLAND MARITIME CO., LTD.31 +66 2 257 0642

The International Thai Ship Management Service for Ship Owners and Investors.-------------------------------------Objectives:-- Higher Standards- Lower Costs- Better People- More Transparent- More Reliable-------------------------------------

PACIFIC RADIANCE LTD667 +65 6238 8881

The Pacific Radiance Group of Companies is an established owner and operator of offshore vessels and a provider of subsea services, shipyard services, marine equipment as well as project logistics to the global oil and gas industry.Vision StatementTo become a global and best-in-class integrated marine solutions provider in all our business segments.Mission StatementOur mission is to consistently meet or exceed our commitment to customers’ requirements, whilst providing sustainable value to our stakeholders and developing our people. We conduct our businesses professionally with emphasis on safety, quality, excellence and protection of the environment.Pacific Radiance delivers SYNERGY IN SERVICES through our five business divisions.Led by an experienced senior management team with a track record in the industry and staffed by dedicated professionals, the Pacific Radiance Group is evolving to become a leader in Asia and a world class offshore Group.

WÄRTSILÄ MARINE207 +65 6261 4239

Wärtsilä is leading the industry in its journey towards a decarbonised and sustainable future. We are committed to creating commercially viable pathways to decarbonisation. Our portfolio of engines, propulsion systems, hybrid technology, and integrated powertrain systems deliver the reliability, safety, and environmental performance that our vision to decarbonise maritime encompasses. We offer our customers performance-based agreements, lifecycle solutions, and an unrivalled global network of maritime expertise. We have the technology, the know-how and most importantly the people and passion to help our customers embark on their decarbonisation journey.

SE SHIPPING LINES PTE LTD155 +65 6499 7471

With its Headquarters in Singapore and with offices in Australia, Germany and India, SE Shipping Lines (SESL) provides end-to-end customer driven solutions for worldwide transportation of Project cargoes and Heavy Lift shipping industry, with a specialisation in Windmill Project Cargo transportation.We manage and operate a fleet of sophisticated vessels complemented by a team of experienced, committed and dynamic shipping professionals who serve as reliable and competent partners in catering to our customer’s requirements.SE Ship Management Private Limited, a wholly owned subsidiary of SE Shipping Lines, engages in providing quality crewing and technical management services to owned tonnage and third party vessels enabling SESL Lines to manage all the aspects of vessel operations in-house, guaranteeing our clientele a quality service.

WAN HAI LINES1,128 +65 6226 1588

Wan Hai Lines was founded in 1965.Wan Hais shipping routes include Taiwan, Kanton and Kansai areas of Japan, Korea, Mainland China, Hong Kong, Philippines, Thailand, Malaysia, Indonesia, Singapore, Vietnam, Burma, Cambodia, India, Pakistan, Sri Lanka, and the Middle East. Wan Hai provides fully-container vessel shipping with regular route among these areas.

ASIA PACIFIC SUPERYACHTS23 +65 6869 1813

Asia Pacific Superyachts is the most experienced Superyacht agency and management company in Asia with affiliated APS offices throughout South East and Pacific Asia, including regions and surrounding areas of: Singapore, New Zealand, Andaman Islands, Indonesia, Borneo, Langkawi in Malaysia, Phuket and Koh Samui in Thailand, Maldives, Sri Lanka, Seychelles, Myanmar, Hong Kong, Cambodia, Tahiti, Fiji and the Philippines. We specialize in working with Superyachts with shore support and supplies and also arrange repairs and refitting work. From the main website of www.asia-pacific-superyachts.com connect to any of the regional websites above for the regions contact, services, testimonials, photos and sample itinerary.

HANJIN SHIPPING0 +65 6373 5152

Hanjin Shipping, a world-class global shipping logistics company ☞ Aims to be recognized, respected, and trusted by the world as the premier logistics company Hanjin Shipping is Koreas largest carrier that operates some 60 liner and tramper services transporting over 100 million tons of cargo annually all over the world. Its fleet consists of some 200 containerships, bulk carriers, and LNG carriers. The company is worth KRW 5 trillion and earning KRW 6 trillion annually.

MAERSK BROKER300 +65 3165 4526

Maersk Broker is a leading ship brokerage company with global market coverage. We operate within all sizes and segments of tonnage. We cater globally to all shipbroking requirements from ship owners, charterers over shipbuilders to financial institutions and banks.As one of the worlds largest international ship brokerages, Maersk Broker employs around 240 brokers and staff at our 17 offices across the world. We have office in, among others, Copenhagen, London, Hong Kong, Tokyo, Singapore, Dubai, Shanghai and Taipei.Follow us to get the latest updates, news and job postings.

Top Maritime Companies in Thailand

Key Statistics from 2022: GDP and Employment

According to the latest data, the Thai maritime industry contributed approximately 8% to the national GDP in 2022, up from 7.5% in 2021. The sector employed over 450,000 people, which accounted for 1.1% of Thailand's total employment. The industry saw a substantial growth in container traffic, reaching 12 million TEUs (Twenty-foot Equivalent Units) in 2022, up by 5% compared to the previous year. The growth in the maritime industry reflects the increasing demand for efficient transportation and logistics services in the region.

Factors Contributing to Growth and Success: Government Initiatives

The Thai government has played a pivotal role in the success of the maritime industry by implementing supportive policies and initiatives. Some of the key factors contributing to the industry's growth are:

Eastern Economic Corridor (EEC):

The EEC is a flagship development project aimed at fostering economic growth in Thailand's eastern provinces. By investing in infrastructure, innovation, and human capital, the EEC has transformed the region into a global logistics and trade hub, further bolstering the maritime industry.

Port Development:

The government has prioritized the expansion and modernization of major ports, including Laem Chabang, Map Ta Phut, and Bangkok. These initiatives have increased port capacity, reduced congestion, and facilitated more efficient maritime operations.

Connectivity:

To enhance regional connectivity, Thailand has invested in land, air, and sea transport infrastructure, including the development of high-speed railways, motorways, and airport expansions. These projects have helped integrate the Thai maritime industry with other transportation modes, facilitating seamless logistics operations.

Industry Growth and Comparison to Previous Years

Over the past few years, the Thai maritime industry has witnessed remarkable growth across various sectors:

Shipping and Logistics:

The shipping and logistics sector saw an increase in both import and export volumes, primarily driven by strong demand for consumer goods, electronics, and automotive products.

Shipbuilding and Repair:

The shipbuilding industry experienced a moderate growth rate, driven by demand for specialized vessels such as offshore support vessels, fishing vessels, and patrol boats. The repair sector also witnessed a steady growth due to the increased demand for retrofitting and maintenance services.

Offshore Energy:

The offshore oil and gas industry experienced a resurgence in 2022, with significant investment in exploration and production activities. This growth was supported by the Thai government's commitment to achieving energy security and reducing reliance on imported energy sources.

Key Trends: Technological Disruptions

Technological advancements have driven significant changes in the Thai maritime industry:

Digitalization:

Automation, artificial intelligence, and data analytics have revolutionized maritime operations, enhancing efficiency, safety, and environmental sustainability.

Green Shipping:

As global climate concerns intensify, the Thai maritime industry is increasingly adopting cleaner technologies, including alternative fuels like liquefied natural gas (LNG), and investing in energy-efficient ship designs.

Smart Ports:

Thailand's ports are embracing digitalization and smart technologies to streamline operations, reduce costs, and improve environmental performance.

Challenges

Despite the significant growth and progress, the Thai maritime industry faces several challenges that must be addressed to ensure long-term success:

Infrastructure Constraints:

While port expansion projects have alleviated some of the congestion, further investment is needed to keep pace with the growing demand for maritime services and maintain a competitive edge in the region.

Skilled Labor Shortage:

The rapid growth of the maritime industry has created a demand for skilled labor, including engineers, technicians, and maritime professionals. Addressing this skills gap is crucial for the industry's continued growth.

Regulatory Compliance:

As international regulations evolve, particularly concerning environmental and safety standards, the Thai maritime industry must adapt to remain competitive on a global stage.

Geopolitical Tensions:

With increasing geopolitical tensions in the South China Sea and the wider Asia-Pacific region, the Thai maritime industry must navigate these complex challenges to protect its interests and ensure regional stability.

Future Outlook

The future outlook for Thailand's maritime industry remains promising, as the country continues to leverage its strategic location and capitalize on regional growth opportunities. The government's commitment to developing the Eastern Economic Corridor and investing in infrastructure projects will further strengthen the sector's position.

Innovation and technology adoption will play a critical role in shaping the industry's future, with an emphasis on sustainability, digitalization, and efficiency. By addressing the challenges and harnessing the opportunities presented by technological advancements, the Thai maritime industry is poised to remain a vital contributor to the nation's economy and a leader in the global maritime landscape.

Conclusion

In conclusion, Thailand's maritime industry has demonstrated impressive growth and resilience in recent years. With a combination of strategic government initiatives, infrastructure investments, and technological advancements, the sector is well-positioned to overcome challenges and continue its upward trajectory. As the world economy shifts towards greater interconnectivity, Thailand's maritime industry is poised to play an even more critical role in facilitating trade, creating jobs, and driving economic growth for the nation.

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By Melissa Goh
Published on 30 May 2023