What Marsoft does

Marsoft is an independent maritime market intelligence and advisory firm founded in 1983 out of MIT research, headquartered in Boston with a regional office in London. It provides vessel valuation, market forecasting, and portfolio risk advisory to three customer segments: ship finance institutions (banks, lessors, private equity, asset managers), shipowners and operators, and charterers including oil majors and commodity traders. The firm operates a pure advisory model — it does not trade, broker, finance, or own vessels — which it uses to position itself as a conflict-free provider whose outputs (Basel II/III compliant valuations, expert witness testimony, valuation agent mandates) are accepted by banks, auditors, and courts globally.

Its core technology stack consists of two integrated platforms: FLAGSHIP, a vessel and portfolio valuation system supporting market value, DCF, charter-adjusted, residual, demolition, and condition-adjusted valuations with Basel II/III credit risk modeling; and the Navigator Decision Support System, which delivers real-time market analysis, supply/demand modeling, scenario-based forecasts over 4-5 year horizons, and historical data back to 1980. Both are powered by proprietary quantitative models rooted in 1980s MIT research and continuously refined through four decades of shipping cycles, augmented by a team of PhD-level maritime economists from MIT, Harvard, and leading institutions.

Marsoft generates revenue through recurring subscriptions to FLAGSHIP and Navigator, recurring market reports and analyst access, and project-based advisory engagements (valuation, risk advisory, expert witness/litigation support). Pricing is quote-based and non-public, sold via enterprise field sales and direct inquiry forms to C-suite executives, institutional investors, and credit committees. In March 2026 Marsoft was acquired by Boston-based maritime technology firm Burmester & Vogel, with Marsoft CEO Evangelos Efstathiou also serving as CEO of the parent; subsequent collaborations with Finsight Group Inc are intended to extend Marsoft's analytical models into SAILFAST and deliver banking-client synergies.

Name

Marsoft

Legal name

Marsoft Inc.

Website

https://marsoft.com

Company type

Private

Founded year

1983

Operating status

Acquired

Headcount range

11–50 employees

Short description

Marsoft is an independent maritime advisory firm providing vessel valuation, market intelligence, and portfolio risk analytics to ship finance institutions, shipowners, and charterers via its FLAGSHIP and Navigator DSS platforms, founded in 1983 on MIT-rooted quantitative models.

Ownership category

akta.pro rank

Headquarters

HQ city

Boston

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Advisory Services: Market intelligence and advisory services including valuation, risk advisory, and strategic consulting for maritime investment, financing, and chartering decisions. Services provided to C-suite executives, institutional investors, and credit committees.
2. Software Platform Access (FLAGSHIP): Access to FLAGSHIP web application for portfolio valuation, risk analysis, and market intelligence. License terms include worldwide, non-transferable, irrevocable, fully paid-up, non-exclusive license for internal operations.
3. Market Reports and Research: Quarterly market outlooks, eBriefs, sector deep-dives, and custom research products delivered through multiple channels including market reports, ad hoc briefings, and analyst access.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Marsoft is an independent advisory group providing maritime market intelligence, vessel valuation, and risk advisory services. Through its FLAGSHIP system, the firm delivers independent vessel valuations and portfolio analytics accepted by leading financial institutions, while Navigator DSS provides scenario-based market forecasting and historical data dating to 1980. Services include credit risk modeling, stress testing, charter strategy analysis, and expert witness testimony for ship finance institutions, shipowners, and charterers globally.

Product overview

Marsoft offers two integrated analytical platforms: FLAGSHIP (asset valuation and risk management platform) and Navigator DSS (market intelligence and decision support system). FLAGSHIP provides independent vessel valuations, portfolio analytics, stress testing, and Basel II/III credit risk compliance for ship finance institutions. Navigator DSS delivers real-time market analysis, scenario-based forecasting, and vessel-specific projections across all maritime segments. Both platforms are backed by proprietary quantitative models rooted in MIT research and 40+ years of maritime market data.

Differentiator

Problem solved

Functional benefit

Products and services

• FLAGSHIP Vessel Valuation & Risk Management Platform Comprehensive shipping portfolio and risk management application that provides independent vessel valuations, portfolio analytics, stress testing, and Basel II/III-compliant credit rating capabilities. Integrates rate and price forecast scenarios with loan schedules for project and portfolio-level risk analysis. Official certificates issued via FLAGSHIP are accepted by leading financial institutions worldwide.
• Navigator Decision Support System (Navigator DSS) Decision support system combining comprehensive maritime data with expert analysis for strategic decision-making. Provides historical data back to 1980, 4-5 year forecast horizons, real-time market positioning, supply/demand modeling, scenario-based forecasting, and vessel-specific rate and price projections across dry bulk, tanker, container, LNG, and LPG segments.
• Portfolio Risk Management & Risk Advisory Bank-grade credit risk analytics, portfolio stress testing, and regulatory compliance support for ship finance portfolios. Includes PD/LGD/EL modeling, Basel II/III support, IFRS 9 staging, EBA guidelines, and Poseidon Principles reporting.
• Expert Witness and Litigation Support Independent expert testimony and analysis for arbitration, court proceedings, and regulatory matters including bankruptcy valuation disputes and LNG transportation mitigation disputes. Provided to law firms, courts, and arbitration panels.
• Market Reports and Strategic Research Quarterly market outlooks, eBriefs, sector deep-dives, ad hoc briefings, custom research products, and analyst access covering dry bulk, tanker, LNG, LPG, and container markets.

Quantifiable outcome

• Regulatory capital dropped from 8% to 6% on a $5B portfolio, saving $12M annually
• +3 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Burmester & VogelcoreStrategic or Co-development Partner · 28 May 2026Burmester & Vogel, a Boston-based maritime technology firm, acquired Marsoft. The acquisition integrates Marsoft's analytical models and data capabilities with Burmester & Vogel's existing SAILFAST platform for automated laytime calculations and business intelligence. Marsoft CEO Evangelos Efstathiou also serves as CEO of Burmester & Vogel.
• Finsight Group IncminorStrategic or Co-development Partner · 28 May 2026Finsight Group Inc collaboration expected to deliver synergies for banking clients following Burmester & Vogel's acquisition of Marsoft.
• Blue Sky Maritime CoalitionminorOthersMarsoft is listed as a member/participant in the Blue Sky Maritime Coalition, supporting maritime decarbonization and sustainability initiatives.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Clarksons Research (Clarkson PLC): Largest global shipbroking and maritime research group, producing widely used indices (ClarkSea, newbuilding, secondhand, demolition) and market intelligence very directly comparable to Marsoft's Navigator DSS and FLAGSHIP deliverables.
• Fearnleys: Norwegian shipbroker and research house with deep offshore, tanker, and dry-bulk intelligence — overlapping Marsoft's shipowner and charterer advisory franchise across similar vessel segments.
• Drewry: Independent maritime and supply-chain research consultancy covering shipping markets, ports, and container leasing with subscription research and advisory; competes head-to-head with Marsoft for shipowner, charterer, and bank research budgets.
• Poten & Partners: Specialist shipbroker and tanker/LNG advisory firm providing market intelligence, valuation, and commercial advisory directly comparable to Marsoft's services for charterers, owners, and financiers.
• Banchero Costa: Italian-headquartered shipbroker with research and advisory across tankers, dry bulk, containers, and gas; directly comparable as a maritime market intelligence and ship finance intermediary.
• Simpson Spence Young (SSY): Global shipbroker with substantial in-house research and advisory; competes with Marsoft for charterer and shipowner intelligence budgets across tanker and dry-bulk markets.
• MSI (Maritime Strategies International): Specialist maritime advisory providing market forecasts, consultancy, and strategic intelligence across tankers, dry bulk, containers, and LNG; the closest pure-play comp in size and advisory model to Marsoft.
• Braemar (ACM): Integrated shipbroking, research, and consultancy group offering valuation and market intelligence across tankers, dry bulk, containers, and offshore — a broad incumbent rival to Marsoft's advisory offering.

Emerging players

• Affinity Research (Affinity Shipping): Independent maritime research firm providing specialized supply/demand analysis and forecasts for shipowners, banks, and investors — overlapping with Marsoft's Navigator DSS deliverables.

Broad incumbents

• S&P Global Commodity Insights (Maritime): Global data and analytics incumbent with a growing maritime and freight offering; represents the broad-platform competitive threat that could commoditize parts of Marsoft's flagship research and valuation stack.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/MarsoftInc

Compliance1 record

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 Marsoft