George Moundreas

What George Moundreas does

George Moundreas & Co. S.A. is a third-generation, family-owned Greek shipbroking firm headquartered in Maroussi, Athens, with origins in the 1920s (G.M. Moundreas & Bros) and a formal re-founding in 1974 by the current President, George Moundreas. The firm operates across the full vessel lifecycle, providing eight core services: Newbuilding Contracting, Sale and Purchase (S&P) of second-hand vessels, Valuations & Research, Demolition, Special Projects, Repairs and Conversions, Chartering, and Ship Management. It is a horizontal-segment, B2B intermediary serving ship owners and shipping companies, leveraging a global network of partner shipyards and afloat repair companies spanning China, South Korea, the Mediterranean, North Europe, the Indian Ocean, the Arabian Gulf, and the Americas. A long-term exclusive agency agreement (signed January 2020) with HSG Heavy Industries and Sungdong Shipbuilding in Korea gives Greek clients a non-Chinese repair and retrofitting channel.

The firm is not a technology company: it does not develop proprietary software, platforms, or algorithms. Its primary content product is the Weekly SNP (Sale and Purchase) Market Report, a continuously published market intelligence product formalized as a dedicated department in 2023. Revenue is generated entirely through commissions and fees on brokered transactions — ship sales, purchases, newbuilding contracting, chartering arrangements, and repair contracts — on a per-transaction, quote-based pricing model with no public price list. Go-to-market is enterprise field sales through relationship-driven broker engagement, supported by weekly market reports, POSIDONIA and Naftemporiki conference participation, and PR in industry outlets.

The company is led by President George Moundreas and CEO Pavlos Moundreas (third generation), with a professional team of roughly 25–30 naval architects, marine engineers, MICS-qualified shipbrokers, and operations staff across five departments: S&P, Newbuilding, Repairs & Conversions, Chartering, and Ship Management. There is no external ownership, no funding history, and no parent company — the firm is a stable, privately held Greek S.A. with continuous weekly publication of market reports through 2025–2026.

Name

George Moundreas

Legal name

George Moundreas & Company S.A.

Website

https://gmoundreas.gr

Company type

Private

Founded year

1974

Operating status

Operating

Headcount range

11–50 employees

Short description

George Moundreas & Co. is a third-generation, family-owned Greek shipbroking firm providing newbuilding contracting, sale and purchase, chartering, repairs, conversions, demolition, ship management, and valuation services to shipowners worldwide through a global shipyard partner network, earning commission-based revenue on each transaction.

Ownership category

akta.pro rank

Product category

Shipbroking and Maritime Services

NAICS

Ship Building and Repairing (336611)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Underwater Inspection, Maintenance & Repair (UWILD, Diving/ROV, In-water Cleaning) (IMAJAFAJ)

Keywords

• Shipbroking services
• Vessel sale purchase
• Ship chartering
• Newbuilding contracting
• Maritime agency services

Headquarters

HQ city

Maroúli

HQ country

Greece

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Shipbroking and Agency Services: The company generates revenue through commissions and fees from facilitating ship sales, purchases, chartering, newbuilding contracting, and other maritime transactions on behalf of clients. As shipbrokers, they earn commissions on completed transactions.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

George Moundreas & Co. is a global shipbroking firm that helps customers build, charter, repair, and manage all types of ships, as well as buy and sell second-hand vessels. Its offering spans the entire vessel lifecycle through Newbuilding Contracting, Sale & Purchase of Vessels, Valuations & Research, Demolition, Special Projects, Repairs & Conversions, Chartering, and Ship Management, supported by a worldwide network of partner shipyards and afloat repair companies. The firm also publishes weekly Sale & Purchase (SNP) market reports as part of its intelligence services.

Product overview

George Moundreas & Co. is a global shipbroking company offering a comprehensive suite of maritime services. The company provides eight core service offerings: Newbuilding Contracting, Sale and Purchase of Vessels, Valuations & Research, Demolition, Special Projects, Repairs and Conversions, Chartering, and Ship Management. These services are supported by a worldwide network of shipyards and afloat repair companies across major maritime hubs. The company also produces Weekly SNP (Sale and Purchase) Market Reports as market intelligence products. The services are delivered through a team of maritime professionals including naval architects, engineers, shipbrokers, and business managers. The company has a global presence with partnerships in China, South East Asia, Far East, Mediterranean, West Europe, North Europe, Indian Ocean, Arabian Gulf, and other regions.

Differentiator

Problem solved

Functional benefit

Products and services

• Newbuilding Contracting Facilitates the construction of new vessels by connecting shipowners with shipyards, managing the contracting process from specification to delivery.
• Sale and Purchase of Vessels Brokering services for buying and selling second-hand vessels, including market analysis and transaction management.
• Chartering Arranges vessel chartering services, matching shipowners with charterers for various vessel types.
• Repairs and Conversions Coordinates ship repair and conversion services through a global network of shipyards and afloat repair companies.
• Demolition Facilitates the sale of vessels for scrapping, managing the transition to demolition yards.
• Ship Management Provides comprehensive ship management services including technical and operational oversight of vessels.
• Valuations & Research Provides vessel valuation services and market research to support investment and financing decisions.
• Special Projects Manages complex, non-standard maritime projects tailored to specific client requirements.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core.

• HSG Heavy Industries Co. Ltd.coreStrategic or Co-development Partner · 13 January 2020Signed a long-term Exclusive Agency Agreement for repairs, conversions and retrofittings with HSG Heavy Industries Co. Ltd., including their recently acquired Sungdong Shipbuilding and Marine Engineering of Korea. HSG is a highly reputed financially strong engineering company and main subcontractor of a major South Korean yard. Sungdong is a shipyard of medium to large size dedicated to repairs, conversions, and retrofittings. The partnership offers Greek shipowners an alternative to the Chinese market for repairs and retrofittings.
• CG Marine Service Co. Ltd.coreStrategic or Co-development Partner · 13 January 2020Korean partner company that jointly with George Moundreas & Co. signed the exclusive agency agreement with HSG Heavy Industries for repairs, conversions and retrofittings services in Korea.
• Sungdong Shipbuilding and Marine EngineeringcoreStrategic or Co-development Partner · 13 January 2020Sungdong Shipbuilding and Marine Engineering of Korea, recently acquired by HSG Heavy Industries, is a shipyard of medium to large size with adequate facilities and professional staff. Part of the exclusive agency agreement for repairs, conversions and retrofittings, with a special shipbuilding project in cooperation with a major South Korean yard.
• Worldwide Shipyard PartnerscoreOthersTrusted partners in virtually every major maritime hub around the globe. The company maintains relationships with partnering shipyards and afloat repair companies worldwide, enabling them to offer comprehensive services globally.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Braemar: London-headquartered shipbroking and marine services firm covering sale & purchase, chartering, and research across tankers, dry cargo, and offshore. Comparable services and shipowner client base to George Moundreas.
• Allied Shipbrokers: International shipbroking association with member offices across major maritime hubs providing sale & purchase, chartering, and newbuilding services. Comparable to George Moundreas as a relationship-driven shipbroker serving global shipowners.
• Barry Rogliano Salles (BRS): French shipbroker specializing in sale & purchase and newbuildings across tankers, bulkers, and containers, with offices in Europe and Asia. Highly comparable service offering and customer base to George Moundreas.
• Fearnleys: Norwegian shipbroker providing sale & purchase, newbuilding, chartering, research, and offshore services with global reach. Closely comparable to George Moundreas in scale, services, and focus on third-party shipowner transactions.
• Simpson Spence Young (SSY): Global shipbroking firm headquartered in London providing sale & purchase, newbuilding, chartering, and ship management services across all major vessel types. Closely comparable to George Moundreas in service mix and customer base (shipowners and investors).
• Lorentzen & Stemoco: Norwegian sale & purchase shipbroker with global partner network and long history of brokering tonnage transactions. Closely comparable niche focus on vessel S&P work similar to George Moundreas' core S&P department.
• Maersk Broker: Danish-based shipbroker (originally part of the Maersk group) specializing in chartering and sale & purchase services for tankers and dry cargo. Comparable chartering-focused activity to George Moundreas' chartering department.
• Banchero Costa: Italian-headquartered shipbroker with global offices providing sale & purchase, newbuilding, chartering, and demolition services. Highly comparable to George Moundreas as a long-established Mediterranean shipbroker serving international shipowners.
• Howe Robinson Partners: International shipbroking firm providing sale & purchase, newbuilding, chartering, and project services from offices in London, Singapore, and other hubs. Directly comparable scale and service breadth to George Moundreas.

Broad incumbents

• Clarksons: World's largest integrated shipping services group (listed on LSE) offering shipbroking across sale & purchase, newbuilding, chartering, research, and financial services. Directly comparable to George Moundreas in core shipbroking activities but materially larger and more diversified.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/gmoundreas

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about George Moundreas