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The World Wide Web has had an huge influence on the computing field in general as well as simulation in particular (e.g., Web-based simulation). A new wave of development based upon XML has started. Two of the most interesting aspects of this development are the Semantic Web and Web services. This paper examines the synergy between Web service technology and simulation. In one direction, Web service processes can be simulated for the purpose of correcting/improving the design. In the other direction, simulation models/components can be built out of Web services. Work on seamlessly using simulation as a part of Web service composition and process design, as well as on using Web services to re-build the JSIM Web-based simulation environment is highlighted.