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:

VEE

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

VEEM News

VEEM strongly supports the Australian Apprenticeship Program

Since 1970, VEEM Ltd has strongly supported the Australian Apprenticeship Program and throughout its 52-year…

Media

Best Propeller Supplier – VEEM

Baird Maritime

VEEM ASX Announcements

1H FY21 Financial Results Update

VEEM has today released an update on its results for the half-year to 31 December…

Media

Damen Services to fit VEEM Gyrostabiliser to Naviera Integral FCS 5009

The Maritime Executive

View All News & Media

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.

VEEM Gyrostabilizers

Exceptionally powerful Gyroscopic Stabilizers for vessels 100 – 3000 tonnes that reduce the rolling motion of of boats and ships in waves by up to 95%.

VEEM Propellers

The worlds highest performing fixed-pitch propellers. Designed with precision, manufactured to perfection, guaranteeing ultimate performance.

VEEM Defence

Since entering the defence sector in 1987, VEEM Ltd has delivered over $200 Million of defence contracts and are pre-approved by several classification societies without third party inspection.

Timcast Hollowbar

A game changing range of custom made, bimetal, centrifugally cast hollow bars that increase through life by up to 10 times.

VEEM 247 Engineering

Advanced engineering, manufacturing and service capabilities for the mining, oil and gas, and defence industries that require high compliance to a large variety of standards.

Conquest Propellers

The highest quality, off-the-shelf propellers in the World designed for the replacement propeller market and based off VEEM's leading custom propeller designs.