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General Procurement

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uuid002wx5z

Namestring
General Procurement
Legal namestring
GP General Procurement Company Limited
Websiteurl
gen-pro.com
Company typeenum
Private
Founded yearint
2018
Descriptiontext

General Procurement (GenPro) is a Cyprus-incorporated maritime procurement intermediary founded in 2018 as a joint venture between Columbia Shipmanagement and Bernhard Schulte Shipmanagement, headquartered in Limassol with regional offices in Singapore and Mumbai. The company consolidates the procurement needs of a member pool spanning 1,200+ vessels across merchant and passenger segments, negotiating framework supply agreements with 336 contracted suppliers across 20 cost categories on behalf of ship management companies and shipowners with in-house technical management. Volume-related discounts (VRD) negotiated with suppliers are passed through to members in full under an open-book policy, with GenPro's commercial model based on membership fees and value-added services rather than supplier margin.

GenPro's technology stack centers on OPTIMA, a proprietary digital control suite that provides supplier performance monitoring, quality assurance, compliance oversight, and procurement analytics across spend categories. In October 2025, GenPro acquired SeaConnect from Procurelink and integrated it into OPTIMA, extending the platform with supplier-facing catalogue management, invoice verification, sustainability reporting, and referenced AI-powered decision support. The GenPro Toolkit layers on compliance and sustainability assessment modules (Members Dashboard, Suppliers' C&S Readiness Score, Suppliers Dashboard, Sustainability Balanced Scorecard), and a Lube Oil Desk provides category-specific cost optimization advisory.

GenPro monetizes through individually-negotiated membership and framework agreements on a subscription basis, supplemented by value-added services such as commercial and sustainability reporting, market intelligence, and the Lube Oil Desk. Customer acquisition is relationship-driven, leveraging the parent companies' industry standing, presence at flagship maritime events (Posidonia, IMPA London, Blue Day, Singapore gatherings), and referral networks within the ship management ecosystem. The company has published GRI-aligned sustainability reports since 2022, holds ISO 9001:2015 and ISO 37001:2025 certifications, and was appointed honorary member of ISSA in 2025.

Short descriptiontext

General Procurement (GenPro) is a Cyprus-based maritime procurement joint venture between Columbia Shipmanagement and Bernhard Schulte Shipmanagement that negotiates framework supply agreements and provides digital procurement tools for a network of 1,200+ vessels across 20 cost categories and 336 vetted suppliers.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersLimassol, Cyprus
HQ citystring
Limassol
HQ countrystring
Cyprus
HQ regionstring
Europe
Markets served

Serves global market

Offices4 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
maritime procurement services, fleet supply management, framework supply agreements, supplier compliance auditing, procurement intelligence
Industry2 codes
1Catalog & eProcurement Enablement (Punchout, Item Master)
CodeBPAAAJAIPrimaryYes
2Compliance, Risk & Supplier Due Diligence (KYC/ESG/Sanctions)
CodeBPAAAJAKPrimaryNo
Product category
Maritime Procurement Services
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model2 records
1Membership / Framework Agreement Fees
TypeSubscription Recurring
Description

GenPro acts as a procurement intermediary, negotiating framework supply agreements with international suppliers on behalf of its members. Revenue is generated through membership arrangements with ship management companies and shipowners. Volume-related discounts (VRD) are negotiated with suppliers and returned to members in full — GenPro's value-add is in the negotiation, compliance, and optimisation services.

gen-pro.com
2Volume-Related Discounts (VRD)
TypeTransaction Fee
Description

GenPro consolidates the procurement needs of member fleets to secure volume-based discounts from suppliers. The full value of these discounts is returned to clients, with GenPro's commercial model based on the service and governance it provides rather than a margin on the discounts themselves.

gen-pro.com
Marketing channels8 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Marketing or Sales, Operations, Others
Pricing details1 tier
1Membership-based procurement services
ModelSubscriptionBilling cadenceAnnual
Notes

Commercial terms and membership fees are negotiated individually. Volume-related discounts are passed back to members in full. Specific pricing tiers or fee structures are not publicly disclosed.

gen-pro.com
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

General Procurement (GenPro) acts as a procurement intermediary that negotiates framework supply agreements with international maritime suppliers on behalf of its members, who are ship management companies and shipowners. By consolidating the procurement needs of a pool of 1,200+ vessels across 20 main cost categories and 336 contracted suppliers, GenPro secures volume-related discounts and passes them to members in full under an open-book policy. The company complements these procurement services with its proprietary OPTIMA digital platform, the SeaConnect supplier-facing procurement system, the GenPro Toolkit for compliance and sustainability scoring, and specialist services such as the Lube Oil Desk.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 5 values shown
  • 1200+ vessels served across merchant and passenger segments
+4 more records
Product overview1 text field

GenPro is a maritime and commercial procurement company operating since 2018, providing a centralized procurement platform for shipowners and ship managers. The core offering consists of OPTIMA, a proprietary digital control suite that serves as the central intelligence layer, combined with the acquired SeaConnect supplier-facing platform for end-to-end digital procurement. Supporting these platforms are value-added services including the Lube Oil Desk, Sustainability Reporting, Commercial Reporting, and Market Intelligence. The GenPro Toolkit provides compliance and sustainability assessment tools including the Members Dashboard, Suppliers' C&S Readiness Score, Suppliers Dashboard, and Sustainability Balanced Scorecard. The company also publishes the monthly Sustainability Buoy Newsletter. Together, these products enable consolidated purchasing, supplier benchmarking, ESG compliance tracking, and cost optimization across a network of 1200+ vessels.

Product and service2 records
1Membership-Based Procurement Services (Framework Supply Agreements)
CategoryProcurement Services
2OPTIMA Digital Control Suite
CategoryDigital Procurement Platform
Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership12 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-02-01
Description

Noatum CSM, a ship management joint venture established between AD Ports Group and Columbia Group, signed a strategic collaboration agreement with GenPro to support sourcing and supply activities across the JV's managed fleet. The agreement provides Noatum CSM with access to GenPro's contractually compliant supplier ecosystem, consolidated purchasing structures, market benchmarking, improved transparency, and digital tools. The collaboration includes governance structures supporting ESG alignment, supply chain resilience, and regulatory compliance.

Strategic tierCoreTypeTechnology or IntegrationAnnounced on2025-10-01
Description

GenPro acquired SeaConnect from Procurelink to strengthen its digital service offering to shipowners. SeaConnect, a supplier-facing procurement platform, was fully rebranded and integrated into GenPro's OPTIMA digital control suite. The acquisition creates a unified, GenPro-managed digital backbone reducing reliance on third-party procurement systems and enhancing data ownership.

3Grow Sustainability Consulting
Strategic tierSupportingTypeImplementation/ SI/ Consulting PartnerAnnounced on2022-01-01
Description

GenPro partnered with Grow Sustainability Consulting to prepare its sustainability reports in accordance with the updated GRI Universal Standards. The collaboration, dating back to 2020, supports GenPro's sustainability strategy across its four pillars: Planet, People, Peace, and Partnership.

gen-pro.com
Strategic tierCoreTypeOthers
Description

GenPro is a joint venture between Columbia Shipmanagement and Bernhard Schulte Shipmanagement. Columbia Shipmanagement is a parent company contributing its fleet procurement needs to the GenPro pooling model.

Strategic tierCoreTypeOthers
Description

GenPro is a joint venture between Columbia Shipmanagement and Bernhard Schulte Shipmanagement. Bernhard Schulte Shipmanagement is a parent company contributing its fleet procurement needs to the GenPro pooling model.

Strategic tierSupportingTypeOthers
Description

GenPro is a member of CYMEPA (Cyprus Maritime Environment Protection Association), supporting industry efforts on environmental protection and sustainability in shipping.

7CYFOS
Strategic tierSupportingTypeOthers
Description

GenPro is a member of CYFOS (Cyprus Shipping Federation), an industry association supporting the interests of the Cyprus shipping community.

gen-pro.com
Strategic tierSupportingTypeOthers
Description

GenPro is a member of the Cyprus Shipping Chamber, an industry association representing maritime companies based in Cyprus.

Strategic tierSupportingTypeOthers
Description

GenPro is an honorary member of ISSA, the only global trade association representing ship suppliers and maritime service providers.

Strategic tierSupportingTypeOthers
Description

GenPro is a member/supporter of WISTA, promoting gender equality and the advancement of women in the shipping industry.

Strategic tierSupportingTypeOthers
Description

GenPro is a supporter of YoungShip, an organisation fostering the professional development of young professionals in the shipping industry.

12Ship Young
Strategic tierSupportingTypeOthers
Description

GenPro is a member of Ship Young, a networking organisation for young professionals in the maritime industry.

gen-pro.com
Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Digital procurement and payments platform purpose-built for the maritime industry, operating a marketplace and framework agreements model directly comparable to GenPro's pooled procurement service for shipowners and managers.

TypeBroad incumbent
Description

Global classification society offering supply chain assurance, certification, and ESG services to the maritime sector; an incumbent adjacent to GenPro's supplier audit and compliance work, with broader scope.

TypeOthers
Description

Maritime email and workflow platform for chartering, operations, and procurement teams; partial thematic overlap with GenPro's digital procurement tooling and target customer base.

TypeBroad incumbent
Description

Major marine classification and certification body with supply chain compliance services; competes with GenPro's supplier due diligence and ESG compliance audits as part of a much broader services portfolio.

TypeDirect peer
Description

Large third-party ship manager with an integrated global procurement function serving a managed fleet comparable in scale and customer profile to GenPro's Columbia/BSM-backed pool.

TypeDirect peer
Description

One of the world's largest ship management groups with in-house procurement, comparable to Columbia Shipmanagement; competes for the same ship management and outsourcing procurement wallet that GenPro targets.

TypeEmerging player
Description

Maritime digital platform focused on safety, sustainability, and ESG due diligence; overlaps with GenPro's supplier compliance and sustainability scoring offering rather than full-scope procurement pooling.

TypeDirect peer
Description

Major independent ship manager with its own procurement infrastructure serving a large managed tanker and bulker fleet, directly comparable to the GenPro JV parents' procurement volumes.

TypeOthers
Description

Global trade association for marine purchasers that sets procurement standards and hosts the IMPA London network; relevant ecosystem peer to GenPro given GenPro's participation in IMPA events and standards-aligned operations.

TypeDirect peer
Description

Long-standing maritime e-procurement marketplace connecting shipowners with suppliers (now part of the Marcura group); competes directly with GenPro's supplier-facing tooling and was effectively the prior owner of the SeaConnect platform GenPro acquired.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles12 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance3 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

General Procurement

Maritime Procurement Servicesgen-pro.com

General Procurement (GenPro) is a Cyprus-based maritime procurement joint venture between Columbia Shipmanagement and Bernhard Schulte Shipmanagement that negotiates framework supply agreements and provides digital procurement tools for a network of 1,200+ vessels across 20 cost categories and 336 vetted suppliers.

What General Procurement does

General Procurement (GenPro) is a Cyprus-incorporated maritime procurement intermediary founded in 2018 as a joint venture between Columbia Shipmanagement and Bernhard Schulte Shipmanagement, headquartered in Limassol with regional offices in Singapore and Mumbai. The company consolidates the procurement needs of a member pool spanning 1,200+ vessels across merchant and passenger segments, negotiating framework supply agreements with 336 contracted suppliers across 20 cost categories on behalf of ship management companies and shipowners with in-house technical management. Volume-related discounts (VRD) negotiated with suppliers are passed through to members in full under an open-book policy, with GenPro's commercial model based on membership fees and value-added services rather than supplier margin.

GenPro's technology stack centers on OPTIMA, a proprietary digital control suite that provides supplier performance monitoring, quality assurance, compliance oversight, and procurement analytics across spend categories. In October 2025, GenPro acquired SeaConnect from Procurelink and integrated it into OPTIMA, extending the platform with supplier-facing catalogue management, invoice verification, sustainability reporting, and referenced AI-powered decision support. The GenPro Toolkit layers on compliance and sustainability assessment modules (Members Dashboard, Suppliers' C&S Readiness Score, Suppliers Dashboard, Sustainability Balanced Scorecard), and a Lube Oil Desk provides category-specific cost optimization advisory.

GenPro monetizes through individually-negotiated membership and framework agreements on a subscription basis, supplemented by value-added services such as commercial and sustainability reporting, market intelligence, and the Lube Oil Desk. Customer acquisition is relationship-driven, leveraging the parent companies' industry standing, presence at flagship maritime events (Posidonia, IMPA London, Blue Day, Singapore gatherings), and referral networks within the ship management ecosystem. The company has published GRI-aligned sustainability reports since 2022, holds ISO 9001:2015 and ISO 37001:2025 certifications, and was appointed honorary member of ISSA in 2025.

General Procurement firmographics

Firmographics
Name
General Procurement
Legal name
GP General Procurement Company Limited
Website
https://gen-pro.com
Company type
Private
Founded year
2018
Operating status
Operating
Headcount range
11–50 employees
Short description
General Procurement (GenPro) is a Cyprus-based maritime procurement joint venture between Columbia Shipmanagement and Bernhard Schulte Shipmanagement that negotiates framework supply agreements and provides digital procurement tools for a network of 1,200+ vessels across 20 cost categories and 336 vetted suppliers.
Ownership category
akta.pro rank

General Procurement industry classification

Industry
Product category
Maritime Procurement Services
akta.pro primary industry
Catalog & eProcurement Enablement (Punchout, Item Master) (BPAAAJAI)
akta.pro secondary industry
Compliance, Risk & Supplier Due Diligence (KYC/ESG/Sanctions) (BPAAAJAK)

Keywords

  • Maritime procurement services
  • Fleet supply management
  • Framework supply agreements
  • Supplier compliance auditing
  • Procurement intelligence

Where General Procurement is headquartered

Location

Headquarters

HQ city
Limassol
HQ country
Cyprus
HQ region
Europe

Offices4 records

Markets served

General Procurement business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Technology or R&D, Marketing or Sales, Operations, Others

Revenue model

  1. Membership / Framework Agreement Fees: GenPro acts as a procurement intermediary, negotiating framework supply agreements with international suppliers on behalf of its members. Revenue is generated through membership arrangements with ship management companies and shipowners. Volume-related discounts (VRD) are negotiated with suppliers and returned to members in full — GenPro's value-add is in the negotiation, compliance, and optimisation services.
  2. Volume-Related Discounts (VRD): GenPro consolidates the procurement needs of member fleets to secure volume-based discounts from suppliers. The full value of these discounts is returned to clients, with GenPro's commercial model based on the service and governance it provides rather than a margin on the discounts themselves.

Pricing tiers

ModelBillingPrice
SubscriptionAnnualMembership-based procurement services

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

General Procurement product offering

Product offering

Core offering

General Procurement (GenPro) acts as a procurement intermediary that negotiates framework supply agreements with international maritime suppliers on behalf of its members, who are ship management companies and shipowners. By consolidating the procurement needs of a pool of 1,200+ vessels across 20 main cost categories and 336 contracted suppliers, GenPro secures volume-related discounts and passes them to members in full under an open-book policy. The company complements these procurement services with its proprietary OPTIMA digital platform, the SeaConnect supplier-facing procurement system, the GenPro Toolkit for compliance and sustainability scoring, and specialist services such as the Lube Oil Desk.

Product overview

GenPro is a maritime and commercial procurement company operating since 2018, providing a centralized procurement platform for shipowners and ship managers. The core offering consists of OPTIMA, a proprietary digital control suite that serves as the central intelligence layer, combined with the acquired SeaConnect supplier-facing platform for end-to-end digital procurement. Supporting these platforms are value-added services including the Lube Oil Desk, Sustainability Reporting, Commercial Reporting, and Market Intelligence. The GenPro Toolkit provides compliance and sustainability assessment tools including the Members Dashboard, Suppliers' C&S Readiness Score, Suppliers Dashboard, and Sustainability Balanced Scorecard. The company also publishes the monthly Sustainability Buoy Newsletter. Together, these products enable consolidated purchasing, supplier benchmarking, ESG compliance tracking, and cost optimization across a network of 1200+ vessels.

Differentiator

Problem solved

Functional benefit

Products and services

  • Membership-Based Procurement Services (Framework Supply Agreements)
  • OPTIMA Digital Control Suite

Quantifiable outcome

  • 1200+ vessels served across merchant and passenger segments
  • +4 more outcomes

Companies that use General Procurement

Customer profile

Named customers1 record

Segments2 records

Ideal customer profiles2 records

General Procurement technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature5 records

General Procurement partnerships and signals

Strategic signal

Partnerships

Twelve partnerships are on record, tiered core and supporting.

  • Noatum CSMcoreStrategic or Co-development Partner · 1 February 2026Noatum CSM, a ship management joint venture established between AD Ports Group and Columbia Group, signed a strategic collaboration agreement with GenPro to support sourcing and supply activities across the JV's managed fleet. The agreement provides Noatum CSM with access to GenPro's contractually compliant supplier ecosystem, consolidated purchasing structures, market benchmarking, improved transparency, and digital tools. The collaboration includes governance structures supporting ESG alignment, supply chain resilience, and regulatory compliance.
  • SeaConnect (Procurelink)coreTechnology or Integration · 1 October 2025GenPro acquired SeaConnect from Procurelink to strengthen its digital service offering to shipowners. SeaConnect, a supplier-facing procurement platform, was fully rebranded and integrated into GenPro's OPTIMA digital control suite. The acquisition creates a unified, GenPro-managed digital backbone reducing reliance on third-party procurement systems and enhancing data ownership.
  • Grow Sustainability ConsultingsupportingImplementation/ SI/ Consulting Partner · 1 January 2022GenPro partnered with Grow Sustainability Consulting to prepare its sustainability reports in accordance with the updated GRI Universal Standards. The collaboration, dating back to 2020, supports GenPro's sustainability strategy across its four pillars: Planet, People, Peace, and Partnership.
  • Columbia ShipmanagementcoreOthersGenPro is a joint venture between Columbia Shipmanagement and Bernhard Schulte Shipmanagement. Columbia Shipmanagement is a parent company contributing its fleet procurement needs to the GenPro pooling model.
  • Bernhard Schulte ShipmanagementcoreOthersGenPro is a joint venture between Columbia Shipmanagement and Bernhard Schulte Shipmanagement. Bernhard Schulte Shipmanagement is a parent company contributing its fleet procurement needs to the GenPro pooling model.
  • CYMEPAsupportingOthersGenPro is a member of CYMEPA (Cyprus Maritime Environment Protection Association), supporting industry efforts on environmental protection and sustainability in shipping.
  • CYFOSsupportingOthersGenPro is a member of CYFOS (Cyprus Shipping Federation), an industry association supporting the interests of the Cyprus shipping community.
  • CSC (Cyprus Shipping Chamber)supportingOthersGenPro is a member of the Cyprus Shipping Chamber, an industry association representing maritime companies based in Cyprus.
  • ISSA (International Shipsuppliers & Services Association)supportingOthersGenPro is an honorary member of ISSA, the only global trade association representing ship suppliers and maritime service providers.
  • WISTA (Women in Shipping and Trading Association)supportingOthersGenPro is a member/supporter of WISTA, promoting gender equality and the advancement of women in the shipping industry.
  • YoungShipsupportingOthersGenPro is a supporter of YoungShip, an organisation fostering the professional development of young professionals in the shipping industry.
  • Ship YoungsupportingOthersGenPro is a member of Ship Young, a networking organisation for young professionals in the maritime industry.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

General Procurement competitors and assessment

Company assessment

Direct peers

  • Marcura: Digital procurement and payments platform purpose-built for the maritime industry, operating a marketplace and framework agreements model directly comparable to GenPro's pooled procurement service for shipowners and managers.
  • Wilhelmsen Ship Management: Large third-party ship manager with an integrated global procurement function serving a managed fleet comparable in scale and customer profile to GenPro's Columbia/BSM-backed pool.
  • V.Group (V.Ships): One of the world's largest ship management groups with in-house procurement, comparable to Columbia Shipmanagement; competes for the same ship management and outsourcing procurement wallet that GenPro targets.
  • Anglo-Eastern Univan Group: Major independent ship manager with its own procurement infrastructure serving a large managed tanker and bulker fleet, directly comparable to the GenPro JV parents' procurement volumes.
  • ShipServ: Long-standing maritime e-procurement marketplace connecting shipowners with suppliers (now part of the Marcura group); competes directly with GenPro's supplier-facing tooling and was effectively the prior owner of the SeaConnect platform GenPro acquired.

Broad incumbents

  • DNV (Maritime): Global classification society offering supply chain assurance, certification, and ESG services to the maritime sector; an incumbent adjacent to GenPro's supplier audit and compliance work, with broader scope.
  • Bureau Veritas Marine & Offshore: Major marine classification and certification body with supply chain compliance services; competes with GenPro's supplier due diligence and ESG compliance audits as part of a much broader services portfolio.

Others

  • Sedna (maritime communications): Maritime email and workflow platform for chartering, operations, and procurement teams; partial thematic overlap with GenPro's digital procurement tooling and target customer base.
  • IMPA (International Marine Purchasing Association): Global trade association for marine purchasers that sets procurement standards and hosts the IMPA London network; relevant ecosystem peer to GenPro given GenPro's participation in IMPA events and standards-aligned operations.

Emerging players

  • RightShip: Maritime digital platform focused on safety, sustainability, and ESG due diligence; overlaps with GenPro's supplier compliance and sustainability scoring offering rather than full-scope procurement pooling.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

General Procurement social profiles

Digital presence

General Procurement compliance and trust

Trust signal

Compliance3 records

General Procurement financial estimates

Financial estimate

Revenue estimate

Valuation estimate

General Procurement leadership team

Management profile

Number of profiles

Profiles12 records

General Procurement subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

General Procurement funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

General Procurement M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about General Procurement

What does General Procurement do?

General Procurement (GenPro) acts as a procurement intermediary that negotiates framework supply agreements with international maritime suppliers on behalf of its members, who are ship management companies and shipowners. By consolidating the procurement needs of a pool of 1,200+ vessels across 20 main cost categories and 336 contracted suppliers, GenPro secures volume-related discounts and passes them to members in full under an open-book policy. The company complements these procurement services with its proprietary OPTIMA digital platform, the SeaConnect supplier-facing procurement system, the GenPro Toolkit for compliance and sustainability scoring, and specialist services such as the Lube Oil Desk.

Is General Procurement a public or private company?

General Procurement is a private company. It is classified as corporate owned and is currently operating.

When was General Procurement founded?

General Procurement was founded in 2018. It employs 11 to 50 people.

Where is General Procurement based?

General Procurement is headquartered in Limassol, Cyprus, in the Europe region.

How does General Procurement make money?

Two revenue lines are on record. Membership / Framework Agreement Fees are the primary driver. The others are volume-Related Discounts (VRD).

Who are General Procurement's main competitors?

Direct peers on record are Marcura, Wilhelmsen Ship Management, V.Group (V.Ships), Anglo-Eastern Univan Group and ShipServ. Broad incumbents are DNV (Maritime) and Bureau Veritas Marine & Offshore. Others are Sedna (maritime communications) and IMPA (International Marine Purchasing Association). RightShip is listed as an emerging player.

Does General Procurement have an API?

No public API is recorded for General Procurement.

What industry is General Procurement in?

General Procurement's product category is Maritime Procurement Services. Its primary akta.pro industry code is BPAAAJAI, Catalog & eProcurement Enablement (Punchout, Item Master), with a secondary code of BPAAAJAK, Compliance, Risk & Supplier Due Diligence (KYC/ESG/Sanctions).

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