Designer and manufacturer of disruptive, high-technology marine propulsion and stabilization systems.

Pushing the boundaries of engineering manufacturing and innovation for over 52 years.

ASX Code:


VEEM Ltd is a designer and manufacturer of disruptive, high-technology marine propulsion and stabilization systems for the global luxury motor yacht, fast ferry, commercial workboat and defence industries.

Proudly headquartered in Perth, Western Australia, VEEM operates from a 14,700sqm purpose-built fabrication and manufacturing facility, including Australia’s largest non-ferrous foundry. VEEM employs approximately 180 staff in Australia, including graduates and apprentices, and maintains a highly skilled research and development team in-house. Celebrating its 50th anniversary in business in 2018, VEEM listed on the Australian Securities Exchange in 2016.

News & Media


Pouring it out

The Viking View

Spin-up and spin-down performance of the VEEM Marine Gyrostabilizers

When considering a gyrostabilizer for your vessel, it is important to consider a range of criteria,…
VEEM Marine

VEEM and Austal Ships continue to showcase Australia’s defence capability

Austal Ships is building and launching six Evolved Cape-class patrol boats, equipping the Royal Australian…

VEEM Marine: The global yachting industry benefits from Western Australian innovation

SuperYacht Times

VEEM Product Divisions

For over 52 years, VEEM has been pushing the boundaries of engineering excellence and innovation across a number of industries and sectors.