International Ship Supply & Multi Trade

What International Ship Supply & Multi Trade does

International Ship Supply & Multi Trade (ISSMT) is a privately held, Bangladesh-based ship supply and chandler company founded in 2014 by Parvez Ahmed and headquartered in Chittagong. The company supplies vessels calling at three major Bangladesh ports—Chittagong, Mongla, and Payra—with IMPA and ISSA code-compliant marine stores, provisions and food, lube oil and bunker fuels, engine spare parts, navigation equipment, and British Admiralty charts and publications. Operations are asset-based and traditional in nature: ISSMT runs its own warehouse in Agrabad, Chittagong, and deploys owned supply boats and freeze vans to deliver stores directly to vessels at port. The company does not operate a proprietary technology platform; commercial activity is conducted via its website (issmt.net), email, phone, and listings on maritime procurement platforms ShipServ, MESPAS, and ProcureShip.

ISSMT's business model is B2B and transactional, generating revenue across six streams: (1) marine stores and spare parts, (2) provisions and catering supply, (3) oil and bunker supply sourced from Bangladesh government refineries and brand distributors (Shell, Castrol, Gulf Oil), (4) marine technical services and repair work, (5) shipping agency services delivered through the 2017-established affiliate OPA SERVICES (ISSMT), and (6) import and resale of marine stores, LSA/FFA equipment, and engineering hardware from China, South Korea, Japan, and India. Customer segments are ship owners, operators, ship managers, charterers, and ship brokers; the company offers 60-day payment credit to IMPA and ISSA members and operates a 24/7 sales and supply function aimed at minimizing vessel turnaround time. The company is bootstrapped—no external funding rounds have been disclosed—and has built a credentialed compliance posture, holding seven ISO certifications (9001:2015, 14001:2015, 22000:2018, 21195:2020, 28000:2022, 31000:2018, 45001:2018), HACCP, ISSA Quality Standard, BTRC vendor approval, and UNGM supplier registration (UNGM#1124562).

Name

International Ship Supply & Multi Trade

Legal name

International Ship Supply & Multi Trade

Website

https://issmt.net

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

International Ship Supply & Multi Trade (ISSMT) is a Bangladesh-based marine ship supply and chandler company serving ship owners, managers, and charterers at Chittagong, Mongla, and Payra ports with provisions, IMPA/ISSA-compliant marine stores, spare parts, lube oil, and technical services.

Ownership category

akta.pro rank

Product category

Marine Supply & Chandler Services

NAICS

Support Activities for Water Transportation (4883)

SIC

Arrangement Of Transportation Of Freight & Cargo (4731)

akta.pro primary industry

Cargo Handling & Lifting Equipment (Cranes, Derricks, Hoists) (IMAJAIAB)

Keywords

• Ship chandler services
• Marine supplies
• Vessel provisioning
• Marine technical services
• Ship agency services

Headquarters

HQ city

Chittagong

HQ country

Bangladesh

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Others

Revenue model

1. Ship Stores & Marine Supplies: Supply of IMPA & ISSA code-compliant marine stores, provisions, deck stores, engine spare parts, navigation equipment, and safety equipment to vessels at Bangladesh ports.
2. Provisions & Food Supply: Catering and food supply services to vessels at Chittagong and Mongla ports. Includes frozen, fresh, canned, and dry provisions sourced from local farms and overseas (India, Singapore, Malaysia, Indonesia, Thailand).
3. Oil & Bunker Supply: Sale of hydraulic oil, lube oil, engine synthetic oil, grease, MGO, IFO 180 CST, and IFO 380 CST from government oil refineries and associate distributors (Shell, Castrol, Gulf Oil, etc.).
4. Technical Services & Repair: Marine technical services, machinery inspections, surveys, and repair jobs for vessels at port. Owner protecting agency services including CTM, crew change, and cargo survey.
5. Shipping Agency Services: Charter agency, owner protecting agency, and cargo survey services through associate company OPA SERVICES (ISSMT) established in 2017.
6. Import & Trade: Import of marine stores, BA charts & publications, LSA/FFA stores, electrical fittings, boiler spares, welding products, and engineering hardware from China, South Korea, Japan, and India.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

ISSMT is a Bangladesh-based ship chandler and marine logistics company supplying vessels calling at Chittagong, Mongla, and Payra ports with IMPA & ISSA code-compliant marine stores, provisions, lube oil, engine spare parts, navigation equipment, and BA charts. The company complements its physical supply business with marine safety surveys, technical repair services, and shipping agency support delivered through its own warehouse, supply boats, freeze vans, and affiliate OPA SERVICES (ISSMT).

Product overview

International Ship Supply & Multi Trade (ISSMT) operates as a comprehensive maritime support platform offering ship supply, chandler services, and marine logistics across Bangladesh's major ports. The core product portfolio consists of marine stores (IMPA & ISSA Code compliant), provisions and food supplies, navigation equipment, engine spare parts, lube oil and bunker supply, and BA chart publications. These offerings are complemented by technical services including marine safety surveys, technical repairs, and shipping agency services delivered through the OPA SERVICES subsidiary. ISSMT connects vessels with essential stores, equipment, and services through its established warehouse infrastructure and 24/7 operational support.

Differentiator

Problem solved

Functional benefit

Products and services

• Marine Stores Supply Supply of IMPA & ISSA Code Standard marine stores including welfare items, clothing, rope & hawsers, rigging equipment, safety equipment, marine paint, hose & coupling, and nautical equipment to vessels calling at Bangladesh ports.
• Provisions & Food Stores Supply Catering and food provision services for vessels at Chittagong and Mongla ports, supplying frozen, fresh, canned, and dry provisions including spices, bakery, and dairy products.
• BA Chart & Publication Supply Supply of genuine British Admiralty nautical charts and publications as the exclusive representative of the British Admiralty publisher in Bangladesh, including Bangladesh Navy Hydrographic Charts and BIWTA Charts.
• Lube Oil & Bunker Supply Supply of hydraulic oil, engine synthetic oil, lube oil, grease, MGO, IFO 180 CST, and IFO 380 CST sourced from authorized distributors and Bangladesh Government Oil Refineries.
• Ship Engine & Spare Parts Supply & Export Supply and export of new and reconditioned engine spare parts including main and auxiliary engine spare parts, air compressors, turbo chargers, hydraulic motors & pumps, and oil purifiers/separators from brands such as MAN B&W, MITSUBISHI, WARTSILA, CATERPILLAR, and YANMAR.
• Ship Navigation Equipment Supply & Export Supply of marine navigation equipment including AIS VHF, GPS, SVDR, NAVTEX, Echo Sounder, SSB, GMDSS, Gyro Compass, Radar, Auto Pilot, and related brands such as JRC, FURUNO, SAAB, and SIMRAD.
• Marine Safety Annual Survey & Services Marine safety inspections and surveys designed to detect vulnerabilities and ensure compliance with maritime safety standards for vessels at Bangladesh ports.
• OPA SERVICES (ISSMT) Shipping Agency Owner protecting agency services delivered through OPA SERVICES (ISSMT), including CTM (Cash to Master), crew changes, charter agency, and cargo survey services at Chittagong Port.
• Marine Technical Repair Services Marine technical services and repair jobs that support vessels facing technical occurrences and difficulties while at Bangladesh ports.
• LSA / FFA Stores Import Import and supply of Life Saving Appliances (LSA) and Fire Fighting Appliances (FFA) including life boats, flares, life jackets, fire hoses, extinguishers, and related safety equipment.

Quantifiable outcome

• Most deliveries completed within 24-48 hours depending on location and stock availability

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Others

• MESPAS: Maritime supply chain platform and competing supplier network. Functions as both enabler (distribution channel for ISSMT) and competitor (alternative supplier via MESPAS network), creating channel conflict that peer ship suppliers must navigate.
• ShipServ: Maritime e-procurement platform where ISSMT is already a verified supplier. While not a direct competitor, ShipServ's marketplace aggregation model and trend toward digital procurement directly affects ISSMT's distribution economics and competitive positioning.

Broad incumbents

• Inchcape Shipping Services: Global port agency and maritime services provider. Comparable in ship agency and husbandry services, with broader service portfolio and significantly larger geographic footprint; operates in Bangladesh-adjacent ports.
• Selandia Ship Supply: Singapore-headquartered ship supplier with strong Asia-Pacific port coverage. Comparable vertically-integrated model (stores, provisions, lube oil, technical services) and overlapping customer base of international ship managers operating in South and Southeast Asia.
• Wrist Ship Supply: World's largest ship supplier, headquartered in Denmark, with global port coverage. Directly comparable to ISSMT in marine stores, provisions, and deck/engine supply, but at vastly larger scale and global footprint — represents the long-term competitive ceiling for ISSMT.
• Gulf Agency Company (GAC): Global shipping, logistics, and ship agency group with extensive port-side services. Overlaps with ISSMT's owner-protecting agency and cargo survey services (via OPA SERVICES) and provides broader shipping services including husbandry and bunkering.
• IMATA Group: Established Norwegian ship supply group with global chandler operations. Direct competitor in IMPA/ISSA-compliant marine stores and provisions, with the same association memberships and platform presences as ISSMT.

Regional players

• Unisea Marine Supplies: UAE-based ship supplier with strong Middle East and Indian Ocean coverage. Comparable chandler model for international ship managers, with similar provisioning, deck/engine store, and lube oil supply offerings.
• K.S. Paradise Marine Services: India-based ship chandler and marine service provider operating across Indian ports. Closest direct regional peer to ISSMT in terms of operating model, geographic proximity, and customer base (ship managers calling at South Asian ports).
• Marine Supply & Services (Pakistan): Pakistan-based ship supplier and chandler with similar full-service offerings (stores, provisions, technical services). Comparable size and scope to ISSMT, serving international shipping in the South Asian regional market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/issmtbd
• LinkedInlinkedin.com/company/international-ship-supply-&-multi-trade
• Xx.com/intl_shipsupply

Compliance11 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

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 International Ship Supply & Multi Trade