Wilhelmsen
Pioneering on-demand manufacturing of maritime spare parts through its joint venture, Pelagus, to create a digital supply chain and reduce lead times, costs, and environmental impact.
- CEO / Founder
- Thomas Wilhelmsen
- Team Size
- 10000+
- Stage
- Public
- Total Funding
- Publicly Traded
- Latest Round
- Strategic Investment
- Key Investors
- thyssenkrupp; Wilhelmsen; Maritime and Port Authority of Singapore (MPA); NAMIC
Technology & Products
Key Products
["Pelagus platform for on-demand spare part fulfillment (technology-agnostic: additive manufacturing, CNC machining, casting)","Digital inventory services","Certified parts manufacturing via global production partner network"]
Technological Advantage
A decentralized, technology-agnostic manufacturing network that digitizes the traditional spare parts supply chain, reducing dependency on physical inventory and complex logistics, leading to significantly faster and more cost-effective procurement. Works directly with OEMs to digitize legacy part portfolios and enable on-demand manufacturing through a global network of 100+ qualified production partners.
Differentiation
Value Proposition
Reduces lead times, lowers costs, and decreases the environmental footprint of the spare parts supply chain by providing a decentralized, on-demand manufacturing solution using a technology-agnostic approach (additive manufacturing, CNC machining, casting) through a global network of qualified production partners.
How They Differentiate
Its primary differentiator is the integration of on-demand manufacturing (technology-agnostic: AM, CNC, casting) with its unparalleled global maritime logistics network and 100+ qualified production partners, providing a seamless 'last-mile' delivery service directly to vessels that is difficult for pure-tech companies to replicate. Works only with genuine OEMs to protect IP.
Market & Competition
Target Customers
Shipping companies, vessel operators, and Original Equipment Manufacturers (OEMs) in the maritime and offshore industries.
Industry Verticals
["Maritime","Shipping","Offshore"]
Competitors
Original Equipment Manufacturers (OEMs) using traditional supply chains; AML3D (specialized in large-format metal 3D printing for maritime); General industrial 3D printing service bureaus
Growth & Milestones
Growth Metrics
Growing digital inventory of qualified parts on the Pelagus 3D platform and expanding partnerships with major OEMs.
Major Milestones
["Launched Early Adopter Program for 3D printed parts (2019)","Delivered world's first CE-Certified 3D printed lifting tool to a vessel (for Wärtsilä)","Formed Pelagus 3D, a joint venture with thyssenkrupp (2023)","Successfully demonstrated drone delivery of spare parts to vessels","Completed first commercial deliveries of parts like scupper plugs and cooling water pipe connectors.","Rebranded from Pelagus 3D to Pelagus, adopting technology-agnostic approach (2026)","Expanded Pelagus leadership team with COO, CTO, VP Engineering roles (2026)","Partnered with Immensa for exclusive MENA region coverage (May 2024)","Signed MOU with Doosan Enerbility for Korean market expansion (Feb 2024)"]
Notable Customers
Berge Bulk; Carnival Maritime; Thome Group; Wärtsilä; Kawasaki Heavy Industries; MMA Offshore