What Gibunco Group does

Gibunco Group is a private, family-owned maritime services conglomerate founded in 1971 by the Bassadone family and headquartered at Europort, Gibraltar. Operating from over 280-300 locations worldwide under a single 24/7 Coordination Centre, the group delivers an integrated stack of marine services to international ship operators and vessel owners concentrated at strategic shipping chokepoints: the Strait of Gibraltar, the Canary Islands, and Fujairah in the UAE. Core service lines include SCAMP-branded underwater ship maintenance and repair (utilising patented hull cleaning machinery with a unique central-impeller suction system, ROV equipment, and CCTV/DVD hull inspection), engineering and technical services (repairs afloat, tank cleaning, riding crews, engine, steel and class-approved repairs), fuel and lubricant supply (sourced exclusively from Cepsa's Gibraltar Refinery), Gibunco Ship Agency (port agency, crew transfer, warehousing and provisioning), ship operations via wholly-owned Pooltide Ltd and Gibunco Marine (owned fleet of fast launches, supply tugs and workboats), and property development via Montagu Group and Gibunco Property Ltd.

The group's revenue model is a mix of professional services fees for ship agency, engineering, and underwater maintenance; transaction-based fees on marine fuel and lubricant volumes; and property development income. Customer segments are exclusively enterprise: international ship operators and vessel owners requiring port-call services, with throughput described as 'thousands of vessels per year'. Go-to-market is direct enterprise field sales via the 24/7 Coordination Centre combined with a channel partner network of approved worldwide ship agents, with no self-serve or digital product channel. SCAMP's hull cleaning reportedly delivers an average 30% fuel saving, anchoring the value proposition around operational efficiency and minimised vessel downtime. The company is privately held, family-run, has no disclosed institutional investors or funding rounds, and reports no publicly disclosed revenue.

Name

Gibunco Group

Legal name

Gibunco Group Ltd

Website

https://gibunco.com

Company type

Private

Founded year

1971

Operating status

Operating

Headcount range

51–100 employees

Short description

Gibunco Group is a Gibraltar-based, family-owned maritime services conglomerate founded in 1971, providing underwater hull maintenance, engineering, fuel supply, ship agency, harbour-craft operations, and property development to international ship operators across 280+ global locations managed from a 24/7 Coordination Centre.

Ownership category

akta.pro rank

Product category

Marine Services

NAICS

Ship Building and Repairing (336611), Support Activities for Water Transportation (4883), Other Support Activities for Water Transportation (48839)

SIC

Ship & Boat Building & Repairing (3730), Arrangement Of Transportation Of Freight & Cargo (4731), Wholesale-Petroleum Bulk Stations & Terminals (5171), Water Transportation (4400)

akta.pro primary industry

Underwater Hull Inspection, Cleaning & Propeller Services (TLAKAKAJ)

akta.pro secondary industries

Underwater Hull Services (Diving, In-Water Cleaning, Propeller Polishing, Inspection) (TLAHAMAL), Commercial Ship Repair & Drydocking (TLAKAKAA), Piping, HVAC & Auxiliary Systems Repair (TLAKAKAH), Marine Service Provider Coordination (Diving, Inspection, Class/Survey Support) (TLAHAJAI)

Keywords

• Marine services
• Ship agency
• Underwater hull cleaning
• Marine fuel supply
• Ship repair

Headquarters

HQ city

Gibraltar

HQ country

Gibraltar

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure

Revenue model

1. Ship Agency Services: Professional ship agency services handling thousands of vessels per year. Services include port agency, onshore services, warehousing, and crew transfer/repatriation across Gibraltar, Algeciras, Ceuta, Las Palmas, and Tenerife.
2. Fuel and Lubricant Supply: Marine fuel and lubricant supply sourced from Cepsa's Gibraltar Refinery, delivered 24/7 365 days a year. International network operating in world's busiest ports.
3. Engineering and Technical Services: Mechanical engineering services including repairs afloat, tank cleaning, riding crews, engineering support, engine repairs, steel repairs, machine repairs, and class-approved repairs.
4. Underwater Ship Maintenance and Repair (SCAMP): Hull cleaning, propeller polishing, underwater repairs, and inspections/surveys. Services target fuel efficiency improvements and operational cost reduction.
5. Ship Operations: Own and operate fleet of harbour craft including fast launches, supply tugs and workboats via Gibunco Marine and Pooltide Ltd, dedicated to supporting Group operations.
6. Property Development: Construction and management of commercial and private buildings in and around Gibraltar via Montagu Group and Gibunco Property Ltd.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

Core offering

Gibunco Group delivers integrated marine services to international ship operators, including underwater ship maintenance and repair (SCAMP hull cleaning, propeller polishing, inspections, underwater repairs), marine engineering and technical services, 24/7 fuel and lubricant supply from Cepsa's Gibraltar Refinery, full ship agency services (port agency, warehousing, crew transfers), ship operations via owned harbour craft, and property development in Gibraltar through Montagu Group and Gibunco Property Ltd.

Product overview

Gibunco Group is a maritime services company offering an integrated portfolio of marine services through its subsidiaries and operational divisions. The core offering includes SCAMP for underwater ship maintenance and repair, comprehensive ship agency services (Gibunco Ship Agency), engineering and technical services, fuel and lubricant supply, ship operator services through Gibunco Marine and Pooltide Ltd with their fleet of harbour craft, and property development via Montagu Group and Gibunco Property Ltd. The group operates over 280-300 locations globally with 24/7 coordination centers, serving the shipping industry primarily around the Strait of Gibraltar, Canary Islands, and Middle East regions. Founded in 1971, the Bassadone family-run business has grown to become a leader in the Western Mediterranean maritime sector.

Differentiator

Problem solved

Functional benefit

Brands

• Gibunco Marine and Pooltide Ltd: Owns and operates a fleet of harbour craft including fast launches, supply tugs and workboats dedicated to supporting the Gibunco Group.

Products and services

• SCAMP - Underwater Ship Maintenance and Repair Cost-effective underwater hull cleaning, propeller polishing, inspections, surveys, and underwater repairs delivered by expert divers using patented hull cleaning machinery and ROV technology. Targets vessel operators seeking fuel efficiency improvements and operational cost reduction, reporting an average 30% fuel saving through optimised hull and propeller performance.
• Engineering and Technical Services Mechanical engineering services for vessels including repairs afloat, tank cleaning, riding crews, engineering support, engine repairs, steel repairs, machine repairs, and class-approved repairs. Delivered from fully-equipped shore workshops with rapid mobilisation of expert teams to minimise vessel downtime.
• Fuel and Lubricant Supply Professional marine fuel and lubricant supply delivered 24/7 365 days a year, sourced from Cepsa's Gibraltar Refinery through an international network operating in the world's busiest ports. Provides quality-assured marine fuel and first-class customer care for vessels refuelling in the Bay of Gibraltar and beyond.
• Gibunco Ship Agency Full-service ship agency handling thousands of vessels annually, providing onshore services, warehousing, crew transfer and repatriation across strategic ports in Gibraltar, Algeciras, Ceuta, Las Palmas, and Tenerife. Supplemented by an extensive network of approved worldwide partners enabling services beyond the primary geographic footprint.
• Gibunco Marine and Pooltide Ltd - Ship Operators Owns and operates a fleet of harbour craft including fast launches, supply tugs and workboats dedicated to supporting marine operations. Provides crew changes, provisioning, and supply of spares and stores to vessels calling at port.
• Gibunco Property Ltd and Montagu Group - Property Development Construction and management of commercial and private buildings in and around Gibraltar, delivered through Montagu Group and Gibunco Property Ltd. Active in Gibraltar's property development market alongside the group's marine services portfolio.

Quantifiable outcome

• 30% average fuel saved through optimised vessel performance
• +2 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core.

• Cepsa GibraltarcoreStrategic or Co-development PartnerCepsa's Gibraltar Refinery is the exclusive source of fuel for Gibunco's fuel and lubricant supply operations. This partnership guarantees product quality for vessels refueling in the Bay of Gibraltar, ensuring reliable and quality-assured marine fuel supply.
• Pooltide Ltd.coreStrategic or Co-development PartnerOperates fleet of workboats and launches providing vessel support services. Experienced personnel provide support including crew changes, provisioning, and supply of spares and stores.
• SCAMP NetworkcoreStrategic or Co-development PartnerSCAMP (Specialist Casualty and Maintenance Partnership) network provides underwater hull cleaning, propeller polishing, inspections, and repairs using patented technology and advanced techniques.
• Montagu GroupcoreStrategic or Co-development PartnerVia Montagu Group and Gibunco Property Ltd, partners in construction and management of commercial and private buildings in and around Gibraltar, representing the group's property development vertical.

Scale indicators7 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Inchcape Shipping Services: Inchcape is a pure-play global ship agency and maritime services provider, head-to-head with Gibunco Ship Agency on port calls, husbandry, and voyage support at major hubs including Gibraltar and the Mediterranean.
• Bunker Holding: Bunker Holding is one of the world's largest marine fuel suppliers; it overlaps directly with Gibunco's bunker fuel and lubricants supply at key Iberian, Mediterranean, and Middle East ports.
• Wilhelmsen Ship Service: Wilhelmsen's Ship Service division provides ship agency, marine products, and technical services worldwide, overlapping with Gibunco's marine engineering, fuel, and agency services across global ports.
• Minerva Bunkering: Minerva Bunkering competes with Gibunco's marine fuel business in physical supply and bunker trading at strategic hubs including the Mediterranean, Canary Islands, and Middle East.
• Boluda Towage and Salvage: Boluda operates towage, port services, and an owned harbour craft fleet in the same Iberian and Mediterranean ports where Gibunco's Pooltide Ltd runs launches, tugs, and workboats, making it a direct operating peer in port logistics.
• Hydrex (Hydrex Subsea): Hydrex specialises in underwater hull cleaning, propeller polishing, and in-water ship repairs using diving and ROV teams - the same services Gibunco's SCAMP unit sells to vessel operators globally.
• GAC Group: GAC provides ship agency, husbandry, bunker fuels, and marine logistics globally, directly overlapping with Gibunco's ship agency, fuel, and crew-change offering across the same major shipping lanes.

Broad incumbents

• V.Group: V.Group provides ship management and a wide array of marine technical services; it overlaps with Gibunco's ship agency, crewing, and engineering offer but operates at much larger scale across the full ship management value chain.
• Wärtsilä Services: Wärtsilä's marine services business covers engine and propulsion repairs, lifecycle support, and underwater services for vessels; it competes with Gibunco Engineering and SCAMP at scale but as part of a much broader marine industrial portfolio.
• Bernhard Schulte Shipmanagement (BSM): BSM is one of the largest third-party ship managers, with crewing, agency, and technical service lines that overlap with Gibunco's ship agency and crew-transfer services at major hubs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/gibunco-group

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries6 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 Gibunco Group