Icarus Marine (Pty) Ltd.

General Information


Organisation typeCompany

Company Address 17-106 The Waverely Business Park, Wyecroft Rd. Observatory
7925, Cape Town
South Africa South Africa

Phone number+27823059380

Fax number+27865161831

Web page http://www.icarusmarine.com

Company Address gunther@icarusmarine.com

Contact Information

Contact Person Mr. Gunther Migeotte
Executive Director

Phone+27 82 3059380

Email gunther@icarusmarine.com

Verified By

Project typeLongTerm

Project abstractIcarus Marine (Pty) Ltd, a South African company specialised in designing and providing technology for specialised vessels is searching for Finnish and European partners for building boats in Finland for the Finnish/EU market.

Project description

The company, established in South Africa is based in Cape Town and currently employs 6 persons.

The company designs and provides technology for boats and Icarus Marine would supply the design and technical data package to a partner shipyard in Finland for construction. In particular the partnership will focus on hydrofoil supported catamaran vessels in aluminium and/or composite materials. These are specialized vessels witch offer a number of advantages over conventional vessels:

- Up to 40% high speed
- 30% fuel savings
- Better crew comfort
- Low wake wash (wave energy and wave height)

This type of vessel is currently not used in Finland and in very limited numbers in the EU and there is an opportunity to introduce them for defence, security and commercial applications. The design will be worked out according to the requirements of one of the International Classification Society standards (e.g. BV, DNV-GL, Lloyds etc.) and according to Finnish Maritime Administration Requirements. It will therefore meet the normal standards applied in Finland for such vessels.

The customers so far have been shipyards and boat builders and the company has done projects in many parts of the world including Europe (e.g. Norway and the Netherlands).

The company is currently looking for a partner to build boats in Finland for the Finnish/EU market using designs and technology from Icarus Marine in South Africa.


Number of employees1-9

Annual turnover in €0-0,5M

Annual balance sheet total0-0,5M

Certifications, standards-

Already engaged in international co-operationYes

Percentage of transnational activities50% or more

Spotter assigned1