What Borealis Denizcilik does

Borealis Denizcilik A.Ş. is a privately held Turkish ship management company established in May 2016 and headquartered in Kadıköy, Istanbul. It specializes in technical management services for oil and chemical tankers, ensuring managed vessels comply with flag state, IMO, class society (Bureau Veritas and DNV), TMSA, SIRE 2.0, MLC, and OCIMF requirements. The managed fleet comprises approximately 11 vessels operating under Marshall Islands, Malta, and Liberian flags. The company is a subsidiary within the Borealis Maritime group, led by Managing Director Capt. O. Levent Karsan (32 years of maritime experience, formerly MD of Armona Denizcilik for ten years) and governed by non-executive directors from Borealis Maritime's senior leadership.

The company delivers a managed-services package built around a Safety Management System aligned with IMO Resolution A741/18, complemented by docking consultancy and ship management advisory work. Its core technology stack consists of maritime compliance and planned-maintenance systems (e.g., EAGLE PMS), with no proprietary software or AI capability disclosed. The company generates revenue by charging ship owners for technical management of their vessels; pricing is bespoke and not publicly disclosed. Customer acquisition is conducted through direct enterprise relationships and the Borealis Maritime network, supported by training partnerships with VIKING, JOTUN, FG Marine Academy, Liberian Registry, BV and DNV.

Operationally, Borealis Denizcilik emphasizes a cost-competitive, quality-focused service model and invests in continuous officer training across safety, coatings, vetting and flag-state inspection. It is a non-recruiting technical manager that redirects seafarer applications to owner-recommended channels via the Markenlo platform. The company has grown its fleet through new vessel onboardings in 2020 and 2024 and continues to participate in industry seminars through 2026, but is a small, privately held, founder-led firm without disclosed external funding.

Name

Borealis Denizcilik

Legal name

BOREALİS DENİZCİLİK ANONİM ŞİRKETİ

Website

https://borealisdenizcilik.com.tr

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Borealis Denizcilik is a privately held Turkish ship manager, founded in 2016 and part of the Borealis Maritime group, providing technical management and docking consultancy for a fleet of approximately 11 oil and chemical tankers sailing under Marshall Islands, Malta and Liberian flags.

Ownership category

akta.pro rank

Product category

Maritime Ship Management Services

SIC

Arrangement Of Transportation Of Freight & Cargo (4731)

akta.pro primary industry

Commercial Ship Repair & Drydocking (TLAKAKAA)

akta.pro secondary industry

Crude Oil & Petroleum Products Tanker Transport (TLADALAA)

Keywords

• Ship management services
• Tanker vessel management
• Maritime technical management
• Oil and chemical tankers
• Vessel technical management

Headquarters

HQ city

Kadikoy

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Technical Management Services: Borealis Denizcilik generates revenue through providing comprehensive technical management services for tanker vessels, including technical management, consultancy for docking, and ship management services delivered within a cost-competitive and quality-focused environment.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Borealis Denizcilik A.Ş. is a ship management company established in May 2016 that provides technical management services for oil and chemical tanker vessels. The company ensures all managed vessels comply with national and international rules and regulations from flag states, IMO, class societies, and major industry organizations, delivering services within a cost-competitive and quality-focused environment.

Product overview

Borealis Denizcilik A.Ş. is a Ship Management Company established in May 2016, specializing in technical management services for Oil and Chemical Tankers. The company offers a comprehensive ship management package covering Technical Management Services and Consultancy for docking and ship management. Their managed fleet includes vessels such as Bomar Ceres, Bomar Hawk, Bomar Mars, Bomar Mercury, Bomar Osprey, Bomar Venus, Emek S, Portola, Sen Arche, W North, and W West. All services are delivered within a cost competitive and quality environment, ensuring compliance with flag states, IMO, class societies (BV, DNV), and major industry organizations.

Differentiator

Problem solved

Functional benefit

Products and services

• Technical Management Services
• Ship Management Consultancy
• Fleet Management

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered core and minor.

• VIKING Life-Saving EquipmentcoreStrategic or Co-development Partner · 18 June 2026VIKING provides technical safety training to Borealis Denizcilik officers at their Istanbul service station. Training covers Lifesaving Appliances (LSA), Fire Fighting Equipment (FFE), maintenance and servicing of safety equipment, proper use of safety devices, and inspection best practices.
• JOTUN Performance CoatingscoreStrategic or Co-development Partner · 10 June 2026JOTUN provides onboard paint application and maintenance training sessions at Borealis Denizcilik offices. Technical Support & Training Manager Berat Kemal delivers training on coating application, surface preparation, environmental control, and compliance with coating specifications.
• FG Marine AcademyminorStrategic or Co-development Partner · 27 November 2024FG Marine Academy provides SIRE 2.0 familiarization training. Capt. Ferhat Abul from FG Marine Academy delivered SIRE 2.0 training during Company Run Seminar.
• OMVcoreOthers · 6 November 2024OMV conducts Tanker Management Self Assessment (TMSA) audits on Borealis Denizcilik. The November 2024 audit was conducted by Capt. Alessia Lonza, Mr. Jan-Martin Kusztrich, and Mr. Michael Cech. OMV represents a significant customer relationship as a major oil company.
• Liberian RegistrycoreOthersLiberian Flag Inspector and Auditor Erhan Esinduy provides training on Liberian Flag Inspections and PSC approach during company seminars. Borealis manages vessels under Liberian flag.
• Bureau Veritas (BV)coreTechnology or IntegrationClass society partner for vessel classification. Several fleet vessels are classed with Bureau Veritas. Company staff including Serkan Kurtoglu from BV participated in office seminars.
• DNVcoreTechnology or IntegrationClass society partner for vessel classification. Bomar Hawk is classed with DNV.
• MarkenlominorChannel Partner/ Reseller/ DistributorExternal recruitment platform used by Borealis for directing job applications to vessel owners. The company does not recruit seafarers directly but redirects applicants to owner-recommended channels.
• Borealis MaritimecoreStrategic or Co-development PartnerParent company and group affiliation. Borealis Denizcilik is part of Borealis Maritime, a highly reputable group of companies in the maritime world. Provides strategic direction, brand credibility, and network access across the maritime industry.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• V.Group: One of the world's largest third-party ship management companies managing over 1,000 vessels including tankers, offering technical, crew, and commercial management. Directly comparable to Borealis Denizcilik's technical management model but at vastly greater scale and geographic reach.
• Anglo-Eastern Univan Group: Global ship management group managing 600+ vessels across tankers, bulkers, and containers from offices in multiple continents. Competes in the same third-party technical management space as Borealis Denizcilik, particularly for tanker owners seeking external managers.
• Bernhard Schulte Shipmanagement (BSM): Germany-headquartered global ship manager with 600+ vessels under management, including significant tanker exposure. Directly comparable technical management service offering for tanker vessel owners evaluating Borealis Denizcilik.
• Wallem Group: Hong Kong-headquartered ship management company with broad tanker, bulker, and container exposure and global office network. Competes for technical management contracts on similar tanker vessel types Borealis Denizcilik manages.
• Wilhelmsen Ship Management: Major ship management division of Wilhelmsen group managing several hundred vessels with strong chemical and product tanker presence. Comparable to Borealis Denizcilik's tanker technical management focus but with much broader geographic footprint and digital platforms.

Direct peers

• Executive Ship Management: India/Singapore-headquartered independent ship manager managing 200+ vessels including product and chemical tankers. Comparable size and service model to Borealis Denizcilik for technical management of tanker fleets.
• Thome Group: Singapore-based independent ship manager focused on tankers and offshore with global operations. Comparable size bracket to Borealis Denizcilik and competes for similar chemical/product tanker management contracts from international owners.
• Synergy Marine Group: Singapore-based ship management group with significant tanker technical management portfolio. Similar service offering (technical management, compliance, crewing oversight) targeting global tanker owners comparable to Borealis Denizcilik's customer base.
• Fleet Management Limited: Hong Kong-headquartered independent ship manager with strong tanker (especially chemical tanker) exposure, managing 600+ vessels. Closest comparable in pure-play tanker/chemical tanker technical management specialization.
• TORM: Danish publicly-listed product tanker owner/operator that also offers ship management services to third parties. Comparable to Borealis Denizcilik in product tanker technical management focus, though at larger scale and with owned tonnage.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/borealisdenizcilik

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Borealis Denizcilik