What PROMAR Shipping Services does

PROMAR Shipping Services SA is a Geneva-headquartered, privately held offshore marine support company founded in 2002. The company owns and operates a diversified fleet of specialized offshore support vessels — Multi Purpose Supply Vessels (MPSV – MAMOLA) including MAMOLA Serenity, Champion, and Melody; Platform Supply Vessels (PSV – MAMOLA) including MAMOLA Defender and MAMOLA Reliance; and Fast Crew Boats (FCB – MAMOLINO) — deployed for offshore exploration and production operations. Vessels are equipped with dynamic positioning, cranes, fire-fighting capability, and varying deck/personnel capacities tailored to different project requirements.

The company serves oil companies and their subcontractors through two revenue streams: vessel chartering (short-term spot or long-term contracts) and ship management services for third-party vessel owners. Pricing is quote-based, customized by vessel type, contract duration, and project specifications. The company employs approximately 350 people across offices, shipyards, and at-sea operations, with operational presence in Angola, Congo, the United Arab Emirates, Portugal, and Switzerland. Dedicated shipyard facilities support in-house asset maintenance and lifecycle management.

PROMAR operates a direct B2B enterprise sales model through its Chartering department, targeting energy-sector clients globally. The company states compliance with international maritime standards and positions itself on agility, customization, and operational safety. While the core customer base is concentrated in offshore oil and gas, the company has signaled capability expansion into adjacent areas including drone operations, wind energy support, and oil recovery. No public revenue, funding, or ownership disclosures are available.

Name

PROMAR Shipping Services

Legal name

SHIPPING SERVICES SA

Website

https://promar-shipping.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

501–1,000 employees

Short description

PROMAR Shipping Services SA is a Geneva-based offshore vessel owner and manager that operates MPSV, PSV, and Fast Crew Boat fleets to serve oil and gas companies and subcontractors across offshore exploration and production operations worldwide.

Ownership category

akta.pro rank

Product category

Offshore Marine Support Services

NAICS

Support Activities for Water Transportation (4883), Water Transportation (483)

SIC

Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

Offshore Support & Marine Logistics Vessel Operators (PSV/AHTS) (TLADABAL)

akta.pro secondary industry

Offshore Marine & Aviation Support (PSVs, AHTS, Crew Boats, Helicopters) (EUALABAJ)

Keywords

• Offshore support vessels
• Vessel chartering services
• Ship management services
• Offshore marine logistics
• Platform supply vessels

Headquarters

HQ city

Genève

HQ country

Switzerland

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure

Revenue model

1. Vessel Chartering: Chartering of offshore support vessels (MPSV, PSV, FCB) to clients for short-term spot or long-term contracts. Vessels provide accommodation, cargo transport, crane operations, and positioning services for offshore projects.
2. Ship Management Services: Professional vessel management services for ship owners, including operational support, crew management, and asset maintenance through dedicated shipyards.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

PROMAR Shipping Services owns and operates a diversified fleet of offshore support vessels — including Multi Purpose Supply Vessels (MPSV), Platform Supply Vessels (PSV), and Fast Crew Boats (FCB) — chartered to oil companies and their subcontractors for offshore exploration and production projects. The company also provides professional ship management services for vessel owners, including operational support, crew management, and asset maintenance through dedicated shipyards, supported by a worldwide office network.

Product overview

PROMAR Shipping Services SA is a shipping vessel owner and manager providing offshore marine support services since 2002. The company operates a diversified fleet of three vessel types: Multi Purpose Supply Vessels (MPSV – MAMOLA) including MAMOLA SERENITY and MAMOLA CHAMPION for adaptable project support with high accommodation capacity; Platform Supply Vessels (PSV – MAMOLA) including MAMOLA Defender and MAMOLA Reliance for efficient offshore asset supply; and Fast Crew Boats (FCB – MAMOLINO) for safe crew transfer. These vessels are complemented by comprehensive shipping management services, vessel chartering, and asset maintenance through dedicated shipyards, supported by a worldwide office network in Angola, Congo, United Arab Emirates, Portugal, and Switzerland with approximately 350 employees.

Differentiator

Problem solved

Functional benefit

Products and services

• MPSV – MAMOLA (Multi Purpose Supply Vessel) Multi Purpose Supply Vessels — the most adaptable vessels in the PROMAR fleet for offshore projects on the spot or long term, with high accommodation capacity, deck surface, and cranes. Specific vessels include MAMOLA SERENITY (LOA 85m, 8PM positioning, FIFI 1, dual cranes 20MT and 10MT, POB 126, deck 800m2 plus Texas deck 200m2), MAMOLA CHAMPION (LOA 58m, 4PM positioning, 13.5MT crane, POB 64, deck 350m2), and MAMOLA Melody (LOA 58m, 4PM positioning, 13.5MT crane, POB 64, deck 350m2). Targeted at oil companies and subcontractors for diverse offshore marine operations.
• PSV – MAMOLA (Platform Supply Vessel) Modern and efficient Platform Supply Vessels designed to supply offshore assets with whatever may be needed for exploration or production operations. Specific vessels include MAMOLA Defender (LOA 80m, DP2 positioning, FIFI 1, 5MT crane, POB 32, deck 720m2) and MAMOLA Reliance (LOA 80m, DP2 positioning, FIFI 1, 5MT crane, POB 32). Targeted at offshore exploration and production customers.
• FCB – MAMOLINO (Fast Crew Boat) Fast Crew Boats positioned as the safest and most reliable means of crew transfer at sea, serviced by professional and experienced crew and onshore staff. MAMOLINOS vessel: LOA 19m, speed 30kts, FIFI equipped, PAX 30. Targeted at offshore operations requiring crew transfer.
• Ship Management Services Professional vessel management services for ship owners, providing agile and customized service for all offshore marine industries based on extensive experience since 2002. Includes operational support, crew management, and asset maintenance through dedicated shipyards. Targeted at ship owners who lack in-house operational expertise.
• Chartering Services Chartering department handling vessel charter requests for projects requiring offshore support vessels, including specialized requirements such as drones, wind energy, and oil recovery operations. B2B chartering services available for spot or long-term contracts. Targeted at oil companies and their subcontractors needing offshore support vessels.

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators4 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• Vroon Offshore Services: Dutch offshore support vessel owner/manager operating PSVs, AHTS vessels and subsea support ships globally. Highly comparable mid-sized European operator serving the same oil & gas offshore client base.
• Solstad Offshore ASA: Norwegian owner and operator of offshore service vessels including PSVs, AHTS and construction support ships. Comparable in providing specialized offshore tonnage to international oil companies and energy clients.
• Edison Chouest Offshore: Privately held US-based offshore support vessel owner with large fleet of PSVs, crew boats and MPSVs serving oil majors globally. Directly comparable private peer in vessel chartering and ship management.
• Hornbeck Offshore Services: US-based offshore support vessel operator (now part of Tidewater) historically focused on newbuild PSVs and OSRVs for deepwater oil & gas. Highly comparable vessel mix and customer base.
• Tidewater Inc. Largest global operator of offshore support vessels including PSVs and crew boats serving oil & gas customers worldwide. Directly comparable fleet composition, customer base (oil majors) and global operating model to PROMAR.
• DOF Group ASA: Norwegian offshore service vessel operator with PSVs, AHTS and subsea construction vessels serving global oil & gas markets. Comparable mid-cap European operator with similar vessel classes and client profile.
• Bourbon (offshore services): French-headquartered offshore marine services company with a fleet of PSVs, AHTS and crew boats serving oil & gas operators globally. Direct competitor in vessel chartering for offshore exploration and production support.
• Siem Offshore AS: Norwegian offshore service vessel company operating PSVs, AHTS and subsea vessels worldwide. Comparable in fleet composition and target customer segment (oil companies and offshore contractors).

Emerging players

• PACC Offshore Services Holdings (POSH): Singapore-based offshore vessel operator (formerly EMAM/EMAS Offshore) with PSVs, AHTS and subsea support vessels. Comparable vessel classes with focus on Asia-Pacific and Middle East offshore markets where PROMAR also operates.
• Vallianz Holdings: Singapore-listed offshore support vessel owner/operator providing PSVs, AHTS and crew boats primarily to Middle East and Asia-Pacific oil & gas clients. Comparable in fleet mix and emerging-market geographic exposure (UAE is a PROMAR hub).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/promar-shipping-services

Revenue estimate

Valuation estimate

Number of profiles

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 PROMAR Shipping Services