MTM Ship Management
Singapore-based full-service ship manager offering technical, crew, and corporate services for chemical tankers, MR tankers, and dry bulk vessels. Serves ship owners and financial institutions globally via proprietary Marine ERP, own manning offices, and fixed-cost management packages.
- Company typePrivate
- Founded1980
- HeadquartersSingapore, Singapore
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What MTM Ship Management does
MTM Ship Management (M.T.M. Ship Management Pte Ltd) is a Singapore-headquartered, privately-held full-service ship management company founded in 1980. The company provides integrated technical management, crew management, and corporate services for a managed fleet of 71 vessels (43 chemical tankers, 11 MR tankers, and 17 dry bulk carriers) on behalf of ship owners and financial institutions across global shipping lanes. Operations are supported by wholly-owned manning and training offices in Myanmar, India (Mumbai and Delhi), and the Philippines, plus a partnership in Latvia for East European officers, and regional business development offices in Greece and the Netherlands.
MTM's core technology is a proprietary in-house Marine ERP system covering vessel technical management, crew management, HSQE, purchasing, vessel budget control, and performance monitoring, including electronic noon reporting, real-time Carbon Intensity Indicator (CII) and EU ETS / FuelEU monitoring, AI-based hull condition monitoring using ISO-standard machine learning, voyage optimization for just-in-time arrival, and a 24/7 owner portal. The company's technology differentiator is domain-specialized integration of regulatory monitoring, hull performance analytics, and procurement rather than a standalone software product.
The business model is enterprise relationship-based with multi-year fixed-cost technical management contracts and Crew Lump Sum (CLS) services covering more than 60% of vessel annual operating expenses. Revenue streams include technical ship management (managed services), crewing and manning (subscription/recurring), fixed-cost management packages scaled to vessel age, bunker and lubricant procurement through the MTM T-Pool (transaction fees), maritime catering via wholly-owned subsidiary Next Wave Maritime, and financial advisory for banks and vessel investors. MTM T-Pool, established in 2019, extends procurement scale to third-party owners beyond the owned fleet. The company employs between 1,001 and 5,000 people across its Singapore HQ and global offices, with no disclosed external funding rounds or institutional investment.
MTM Ship Management firmographics
Firmographics- Name
- MTM Ship Management
- Legal name
- M.T.M. Ship Management Pte Ltd
- Website
- https://mtmshipmanagement.com
- Company type
- Private
- Founded year
- 1980
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Singapore-based full-service ship manager offering technical, crew, and corporate services for chemical tankers, MR tankers, and dry bulk vessels. Serves ship owners and financial institutions globally via proprietary Marine ERP, own manning offices, and fixed-cost management packages.
- Ownership category
- akta.pro rank
MTM Ship Management industry classification
Industry- Product category
- Maritime Ship Management Services
- NAICS
- Support Activities for Water Transportation (4883), Ship Building and Repairing (336611), Port and Harbor Operations (488310)
- SIC
- Water Transportation (4400), Ship & Boat Building & Repairing (3730)
- akta.pro primary industry
- Crew, Marine & Offshore Travel Management (THAKACAF)
Keywords
Where MTM Ship Management is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices9 records
Markets served
MTM Ship Management business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Supply Chain, Marketing or Sales
Revenue model
- Technical Ship Management: Full technical management services for owned and third-party vessels including planned maintenance, dry docking, procurement, compliance, and performance monitoring. Services are provided on both managed vessel fees and fixed-cost contract basis.
- Crewing and Manning Services: Crew recruitment, training, management, travel logistics, and administration through MTM's own manning offices in Myanmar, India, Philippines, and Latvia.
- Fixed Cost Management Packages: Full technical management package on a fixed-cost basis depending on vessel age, providing complete cost control for owners. Crew Lump Sum (CLS) services covering more than 60% of annual operating expenses at competitive prices.
- Bunkering and Procurement Services: Bunker procurement services offered to third-party owners through dedicated team in Singapore, leveraging economies of scale and credit lines with major traders.
- Maritime Catering / Next Wave Maritime: Maritime catering services through Next Wave Maritime Company, a 100% MTM-owned subsidiary, providing professional victualing management for vessels.
- Financial Advisory and Investor Partnerships: Business/technology management, fixed cost products, vessel condition surveys, shipping consultancy, and complete accounting and finance services for investors and banks.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Fixed-cost technical management package based on vessel age |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
MTM Ship Management product offering
Product offeringCore offering
MTM Ship Management provides full-service ship management for owned and third-party vessels, covering technical and operations management, planned maintenance, dry-docking and repairs, procurement, compliance, vessel performance monitoring, and a 24/7 owner portal. It also delivers crew management including recruitment, training, travel logistics, and maritime catering, alongside project management (newbuild support, vessel upgrades, surveys and audits) and ship and corporate services such as bunkering, maritime catering, and financial consulting for shipowners and financial institutions.
Differentiator
Problem solved
Functional benefit
Brands
- MTM T-Pool: Innovative ship services and procurement pool providing maximum value retention for ship owners through advanced consensus agreements.
- Next Wave Maritime Company
Products and services
- Ship Management (Technical & Operations) Full-service technical and operations management for owned and third-party vessels, including planned maintenance, dry-docking and repairs, procurement, compliance, vessel performance monitoring, and a 24/7 owner portal, offered to shipowners and financial institutions.
- Crew Management Crew recruitment, training, management, travel logistics, and administration delivered through MTM-owned manning offices in Myanmar, India, Philippines, and via a Latvian partner for East European officers, for both MTM-managed and third-party vessels.
- Project Management Newbuild and construction support, vessel upgrades, and surveys and audits for shipowners undertaking newbuilding programs, retrofit projects, or pre-purchase/condition assessment work.
- Ship & Corporate Services Bunkering procurement, maritime catering through Next Wave Maritime, and financial consulting and investor partnering services that support vessel owners and financiers beyond day-to-day technical operations.
- MTM T-Pool Procurement pool platform that aggregates buying power across bunkering, lubricants, and ship supplies to deliver cost savings and value retention for shipowners, including third-party owners outside the affiliated fleet.
- Tristar-MTM Ship Management Joint venture providing ship management services to owners in the Middle East region, leveraging combined capabilities of Tristar and MTM for technical, crew, and corporate services.
Quantifiable outcome
- 31.5% reduction in main engine GHG emissions and 23.1% reduction in auxiliary engine GHG emissions using B30 biofuel blend vs. VLSFO on MR Tanker voyage
- +4 more outcomes
Companies that use MTM Ship Management
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
MTM Ship Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature5 records
MTM Ship Management partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered minor and core.
- Nura Shipco ManagementminorMTM Ship Management provided transitional support to newly launched Nura Shipco Management, a Singapore-based ship management company led by former Fleet Management executive Aga Nagarajan. MTM supported key functions during Nura Shipco's launch while they obtained their own Document of Compliance (DOC), enabling independent ship management operations.
- TrafiguracoreTrafigura served as the fuel supplier for MTM's first MR Tanker biofuel blend trial on a voyage from the Netherlands to Brazil using B30 Bio VLSFO. The green fuel voyage was part of MTM's decarbonization journey. Trafigura collaborated with MTM's vessel performance team to conduct trials at various load points.
- Lloyd's RegistercoreLloyd's Register acted as consultant for MTM's first MR Tanker biofuel blend trial, providing verification and validation of the trial results including Well to Wake emission reduction measurements of 31.5% for main engine and 23.1% for auxiliary engine.
- MAN/B&WcoreMAN/B&W served as the engine manufacturer partner for MTM's first MR Tanker biofuel blend trial, contributing technical expertise and validation for the use of B30 Bio VLSFO fuel blend in the main and auxiliary engines.
- DNVcoreDNV acted as the vessel's classification society partner for MTM's MR Tanker biofuel blend trial, providing class verification and regulatory compliance assessment for the green fuel voyage using B30 Bio VLSFO.
- Maritime and Port Authority of Singapore (MPA)coreMPA served as the Singapore flag state administration for MTM's MR Tanker biofuel blend trial from the Netherlands to Brazil, providing government endorsement and regulatory framework for the decarbonization initiative.
Scale indicators7 records
Recent moves16 records
Expansion highlights6 records
MTM Ship Management competitors and assessment
Company assessmentMarket position
Competitive moat7 records
Key risks1 record
Key highlights7 records
Customer concentration
MTM Ship Management social profiles
Digital presenceMTM Ship Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
MTM Ship Management leadership team
Management profileNumber of profiles
Profiles3 records
MTM Ship Management subsidiaries and ownership
Company hierarchySubsidiaries4 records
MTM Ship Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MTM Ship Management M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MTM Ship Management
What does MTM Ship Management do?
MTM Ship Management provides full-service ship management for owned and third-party vessels, covering technical and operations management, planned maintenance, dry-docking and repairs, procurement, compliance, vessel performance monitoring, and a 24/7 owner portal. It also delivers crew management including recruitment, training, travel logistics, and maritime catering, alongside project management (newbuild support, vessel upgrades, surveys and audits) and ship and corporate services such as bunkering, maritime catering, and financial consulting for shipowners and financial institutions.
Is MTM Ship Management a public or private company?
MTM Ship Management is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was MTM Ship Management founded?
MTM Ship Management was founded in 1980. It employs 1,001 to 5,000 people.
Where is MTM Ship Management based?
MTM Ship Management is headquartered in Singapore, Singapore, in the Asia region.
How does MTM Ship Management make money?
Six revenue lines are on record. Technical Ship Management is the primary driver. The others are crewing and Manning Services, fixed Cost Management Packages, bunkering and Procurement Services, maritime Catering / Next Wave Maritime and financial Advisory and Investor Partnerships.
Does MTM Ship Management have an API?
No public API is recorded for MTM Ship Management.
What industry is MTM Ship Management in?
MTM Ship Management's product category is Maritime Ship Management Services. Its primary akta.pro industry code is THAKACAF, Crew, Marine & Offshore Travel Management. Its NAICS code is 4883 and its SIC code is 4400.