Five Stars Shipping Company

What Five Stars Shipping Company does

Five Stars Shipping Company Pvt. Ltd. is a privately held, family-owned ship management firm founded in 1985 in Mumbai, India, by Mr. Noshir Dhunjibhoy and his son Mr. Khushroo Dhunjibhoy, with the family having prior shipping involvement dating to 1948. The company delivers technical management, crew management (Managed Crew Service and Contract Crew Service), vessel repairs, inspections, emergency contingency, and crew training services to ship owners globally, though its currently managed fleet consists of four Indian-flagged vessels (MAHA Anosha, MAHA Aarti, MAHA Jacqueline, MAHA Roos) totaling over 397,000 MT DWT. Operations are supported by owned repair infrastructure across four Indian ports (Mumbai, Chennai, Visag, Gujarat) and by integrated use of Danaos ship management software for planned maintenance, operations management, and ISM code certification support.

The business runs on direct B2B enterprise contracts with ship owners, with revenue generated through managed services (full technical management contracts) and professional services (crew supply and standalone crew contracts). Go-to-market relies on the company's long-standing reputation and personal relationships rather than digital channels — there is no evidence of outbound sales infrastructure, marketing spend, or web-based lead generation. The company was the first in India to obtain Document of Compliance from the Directorate General of Shipping, providing a regulatory pedigree in the Indian market. Leadership is concentrated in a small senior team (Managing Director, Director, President, two Senior VPs) with extensive seafaring backgrounds, and the firm has 11–50 total employees. No external investors, parent company, or M&A activity is recorded, and there are no disclosed funding rounds or financial metrics.

Name

Five Stars Shipping Company

Legal name

Five Stars Shipping Company Pvt. Ltd.

Website

https://fivestarship.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

11–50 employees

Short description

Five Stars Shipping Company is a Mumbai-based, family-owned ship management firm founded in 1985 that delivers technical management, crew management, vessel repairs, inspections, and crew training to ship owners, currently managing a fleet of four Indian-flagged vessels.

Ownership category

akta.pro rank

Product category

Ship Management Services

NAICS

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

SIC

Ship & Boat Building & Repairing (3730), Water Transportation (4400)

akta.pro primary industry

Commercial Ship Repair & Drydocking (TLAKAKAA)

akta.pro secondary industries

Vessel Husbandry & Crew Services (Crew Change, Meet & Assist, Transport, Shore Passes) (TLAHAJAB), Crew, Marine & Offshore Travel Management (THAKACAF), Emergency/Expeditionary Repairs & Afloat Maintenance (Voyage Repairs) (IMAJAFAK), Spare Parts, Ship Chandlery & Logistics to Vessel (TLAHAJAF), Piping, HVAC & Auxiliary Systems Repair (TLAKAKAH)

Keywords

• Ship management services
• Crew management
• Vessel technical management
• Marine vessel inspections
• Vessel repair services

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain

Revenue model

1. Technical Management Services: Comprehensive technical management of vessels under management contracts where Five Stars is fully responsible for all matters concerned with vessel operations, maintenance, and crewing.
2. Crew Management Services: Crew supply as part of technical management contracts or comprehensive crew management contracts. Two service models: Managed Crew Service and Contract Crew Service.
3. Contract Crew Services: Supply of full or part crew complement customized to meet specific requirements of crewing contract agreements for clients with their own marine personnel departments.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Five Stars Shipping Company provides comprehensive ship management services for ship owners, including technical management (vessel operations, dry-dock procedures, special surveys, planned lay-up, and budget preparation), crew management (managed crew service and contract crew service), vessel inspections, repairs, emergency contingency services, and crew training. The company manages a fleet of four vessels including Bulk Carriers, Tankers, and General cargo vessels, supported by Danaos ship management software and owned repair facilities at Mumbai, Chennai, Visag, and Gujarat ports.

Product overview

Five Stars Shipping Company offers a comprehensive suite of ship management services encompassing technical management, crew management, vessel repairs, inspections, emergency contingency services, and crew training. The company manages a fleet of four vessels (MAHA ANOSHA, MAHA AARTI, MAHA JACQUELINE, MAHA ROOS) including Bulk Carriers, General cargo vessels, and Tankers. Core operations are supported by Danaos ship management software for planned maintenance and operational systems, with repair facilities across Mumbai, Chennai, Visag, and Gujarat. The service portfolio is delivered through a combination of managed crew services and contract crew arrangements, supported by iterative training programs covering cadets, ratings, and customized client requirements.

Differentiator

Problem solved

Functional benefit

Products and services

• Technical Management Comprehensive technical management of vessels covering day-to-day operations, dry-dock procedures, special surveys, planned lay-up, and budget preparation. Five Stars is fully responsible for all matters concerned with vessel operations and maintenance under management contracts.
• Crew Management Services Crew supply and deployment services offered in two models: Managed Crew Service (fully integrated with technical management contracts where Five Stars is fully responsible for vessel crewing) and Contract Crew Service (supplying full or part crew complement customised to specific requirements of crewing contract agreements for clients with their own marine personnel departments).
• Vessel Repairs Repair services delivered through facilities at Mumbai, Chennai, Visag, and Gujarat ports, including a steel fabrication and engineering machinery workshop, a mobile repairs team of 20 approved welders and fitters, and two repair foremen under a superintendent.
• Vessel Inspections Comprehensive inspection services covering potential vessel purchases, chartering, regulatory legislation, flag state and port state compliance, audit inspections, performance inspections, and repair inspections with detailed technical condition reporting.
• Emergency Contingency Services Contingency response service consisting of company Masters and Chief Engineers supported by Spare Parts and Personnel teams, with Technical Executive Vice President coordination for scenario-based contingency needs considering flag state, port state, and insurance requirements.
• Crew Training Comprehensive crew training including trainee cadet and rating programmes, onboard training for IT systems and safety procedures, shore-based training, and customised training designed for specific client requirements.
• Fleet Management Management of diverse vessel types including Bulk Carriers, General cargo vessels, and Tankers, with a managed fleet of four vessels: MAHA ANOSHA (169,102.9 MT DWT), MAHA AARTI (77,250 MT DWT), MAHA JACQUELINE (75,592 MT DWT), and MAHA ROOS (75,592 MT DWT).

Quantifiable outcome

• Successfully managing 4 vessels with combined deadweight capacity exceeding 397,000 MT

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

Integration1 record

Feature3 records

Partnerships

One partnership is on record.

• DanaoscoreTechnology or IntegrationDanaos is the largest integrator of ship management software systems in the world and leading supplier of computerized management systems for the international maritime community. Five Stars uses Danaos systems including planned maintenance system (described as second to none) and operations system (unrivalled in the industry). Association has helped achieve goals efficiently and effectively.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• V.Ships (V.Group): Global leader in ship management offering technical management, crew management, and marine support services to ship owners worldwide. Closest functional peer to Five Stars across the full service stack.
• Wallem Group: Hong Kong-headquartered ship management company offering ship management, crewing, and maritime services. Comparable in providing full-service technical and crew management to ship owners globally.
• Synergy Marine Group: Singapore-based ship management company managing a large fleet across tankers, bulk carriers, and container vessels. Direct peer on technical management and crew management delivered globally from Asia.
• Fleet Management Limited: Hong Kong-based ship management company providing technical management and crew services to a large international fleet. Comparable to Five Stars as an Asia-rooted, multi-vessel-type ship manager.
• Wilhelmsen Ship Management: Norwegian-headquartered ship management arm of Wilhelmsen group offering technical management, crewing, and HSEQ services. Comparable on enterprise ship owner servicing and global crew management.
• Anglo-Eastern Unicom Group: One of the world's largest independent ship managers, providing technical management, crew management, and maritime IT. Directly comparable to Five Stars on service portfolio and target customer (ship owners), with much larger scale.
• Bernhard Schulte Shipmanagement (BSM): German-headquartered global ship manager providing technical management, crewing, and digital ship management solutions. Comparable in offering full-service ship management to tanker, bulker, and container owners.

Others

• Danaos Corporation: Container shipping company and largest integrator of ship management software globally. Key technology partner of Five Stars and enabler of their PMS/operations platform; adjacent participant in maritime IT.
• Indian Register of Shipping: Indian classification society involved in ship surveying, certification, and ISM code compliance. Adjacent participant enabling regulatory compliance that Five Stars supports for its clients.

Broad incumbents

• MISC Berhad (Maritime Services): Malaysian shipping conglomerate providing ship management, marine training, and maritime services at significant scale. Broader incumbent with overlap on crew management, technical management, and training services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks1 record

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/five-stars-shipping-company-private-limited

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 Five Stars Shipping Company