Phoenix Register of Shipping

What Phoenix Register of Shipping does

Phoenix Register of Shipping S.A. (PHRS) is a non-IACS classification society headquartered in Piraeus, Greece, established in 2000. The company provides ship classification, statutory certification, and technical advisory services to ship owners, shipbuilders, and maritime stakeholders, operating through a network of field surveyors spanning 20+ countries and 32+ offices in Greece alone. Its horizontal segmentation addresses vessel safety, regulatory compliance, and environmental performance across a diverse client base.

PHRS's service portfolio centers on two core offerings: ship classification and statutory certification across multiple flag administrations (Panama, Vanuatu, St. Kitts & Nevis, Belize, Comoros, Palau, Liberia, Zanzibar, Sierra Leone). Supporting modules include environmental verification services covering EU MRV, FuelEU Maritime, IMO DCS, SEEMP, CII, and EEXI/EEDI; an e-Application Portal launched in 2016 for online survey status and publication access; and a Ship Remote Survey Scheme (SRSS) launched in March 2020 to enable remote inspections via digital and mobile internet technologies. The company holds ISO 9001 quality management certification and ISO 14065 accreditation for greenhouse gas verification, and is recognized by the Greek Ministry of Shipping and Island Policy under IMO Recognized Organizations Code criteria.

Revenue is generated through professional services fees for classification surveys, statutory certifications, and environmental verification, with pricing quoted on a per-vessel basis and not publicly disclosed. PHRS operates an enterprise field sales model with 51-100 employees, delivering services through direct surveyor engagement, the Piraeus head office, and digital platforms, supported by partnerships with flag administrations, the Greek Ministry of Shipping, and industry associations including WIMA and Maritime Hellas. The company is led by CEO Aris Arvanitakis, is privately held with no disclosed external funding, and is recognized as the first Greek classification society to enter the High Performance Rank in the Paris MoU evaluation (2018).

Name

Phoenix Register of Shipping

Legal name

Phoenix Register of Shipping S.A.

Website

https://phrs.gr

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

51–100 employees

Short description

Phoenix Register of Shipping is a non-IACS classification society based in Piraeus, Greece, providing ship classification, statutory certification across nine+ flag administrations, and environmental verification services to ship owners, shipbuilders, and maritime stakeholders in 20+ countries.

Ownership category

akta.pro rank

Product category

Maritime Classification Services

NAICS

Support Activities for Water Transportation (4883)

SIC

Water Transportation (4400)

akta.pro primary industry

Classification Society & Flag-State Liaison / Plan Approval Support (IMAJAGAN)

akta.pro secondary industries

Marine Systems Commissioning, Testing & Certification Support (TLAKAKAM), Environmental, Spill Prevention & Response Compliance (MARPOL, SOPEP/SMPEP, Waste) (TLAHANAI), Marine Surveying, Inspection & Claims (EDAOANAO)

Keywords

• Ship classification services
• Maritime statutory certification
• Vessel survey services
• Maritime technical advisory
• Greenhouse gas verification

Headquarters

HQ city

Piraeus

HQ country

Greece

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Classification and Certification Services: PHRS provides classification services, statutory certification, and technical advisory services for vessels. Revenue is generated through survey fees, certification fees, and related maritime services.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Phoenix Register of Shipping (PHRS) is a non-IACS classification society that provides ship classification, statutory certification, and technical advisory services for vessels and offshore structures. The company serves ship owners, shipbuilders, and flag administrations with services spanning vessel classification, statutory surveys (ISM, ISPS, MLC), and environmental verification (EU MRV, FuelEU Maritime, IMO DCS, SEEMP, EEXI, EEDI).

Product overview

Phoenix Register of Shipping is a non-IACS classification society offering a unified portfolio of maritime services centered on ship classification and statutory certification. The core offerings include ship classification services for vessels and offshore structures, and statutory certification for various flag administrations. Supporting modules include environmental verification services (EU MRV, FuelEU Maritime, IMO DCS, SEEMP, CII, EEXI, EEDI), an e-Application portal for online ship survey status and publications access, and a Ship Remote Survey Scheme enabling remote inspections via digital technologies.

Differentiator

Problem solved

Functional benefit

Brands

• e-Application Portal: Online platform at eapp.phrs.gr for vessel management, survey status, and publications access.

Products and services

• Ship Classification Services
• Statutory Certification Services
• Environmental Verification Services
• Ship Remote Survey Scheme (SRSS)

Quantifiable outcome

• Achieved High Performance Rank in Paris MoU evaluation with excess factor of -0.10 (2015-2017) and 0.03 (2017-2019)

Named customers4 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

Partnerships

Eleven partnerships are on record, tiered core, major and minor.

• Vanuatu International Shipping Registry (VISR)coreStrategic or Co-development Partner · 15 June 2026PHRS granted case-by-case authorization by VISR to provide statutory certification and related services for Vanuatu-flagged vessels, subject to prior authorization on a case-by-case basis. This expands PHRS cooperation with Flag Administrations and supports clients interested in Vanuatu Flag.
• International Merchant Marine Registry of Belize (IMMARBE)coreStrategic or Co-development Partner · 21 January 2020PHRS authorized by IMMARBE to perform surveys and issue statutory certificates for all vessels flying the Belizean Flag.
• St. Kitts & Nevis International Ship RegistrycoreStrategic or Co-development Partner · 6 January 2020PHRS authorized by St. Kitts and Nevis International Ship Registry to perform surveys and issue statutory certificates for all vessels flying the St. Kitts & Nevis Flag.
• Greek Ministry of Shipping and Island Policy (YpeYp)coreStrategic or Co-development Partner · 30 January 2019PHRS received compliance certification from Greek Ministry under Article 109 of Law 4504/2017, recognizing compliance with IMO Recognized Organizations Code criteria. Enables PHRS to conduct ISM Code certification, MLC inspections, offshore support vessel certification, and TOREMOLINOS fishing vessel inspections for Greek-flagged vessels.
• EMICERTcoreStrategic or Co-development Partner · 31 January 2017Framework agreement for cooperation with EMICERT, the first verifier globally accredited to ISO 14065 standard, specialized in verification of GHG emissions for EU MRV compliance. EMICERT provides verification services while PHRS facilitates client access to EU MRV requirements.
• Panama Maritime AuthoritycoreStrategic or Co-development Partner · 1 January 2017PHRS serves as Recognized Security Organization (RSO) for Panama flag, authorized to issue International Ship Security Certificates (ISSC) and conduct ISPS Code verifications. Received appreciation letter for outstanding performance in Paris MoU.
• Palau International Ship RegistrymajorStrategic or Co-development PartnerPHRS provides statutory certification and technical advisory services for Palau-flagged vessels, sharing maritime safety advisories and regulatory updates.
• Barbados Maritime Ship RegistrymajorStrategic or Co-development PartnerPHRS provides certification services for Barbados-flagged vessels including newbuilding vessel registrations.
• Liberian Registry (LISCR)majorStrategic or Co-development PartnerPHRS issues technical circulars and PSC bulletins for Liberian-flagged vessels, monitoring PSC trends and providing preventive guidance.
• Zanzibar Maritime AuthoritymajorStrategic or Co-development PartnerFormal agreement between PHRS and Zanzibar Maritime Authority for maritime certification and inspection services.
• Sierra Leone Maritime Administration (SLMARAD)minorStrategic or Co-development PartnerPHRS serves as Recognized Organization for Sierra Leone-flagged vessels, implementing policies for vessel registration and PSC compliance.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• American Bureau of Shipping (ABS): IACS classification society with global ship classification, statutory certification, and offshore services — competes with PHRS in the global class and certification market, especially for international tonnage.
• DNV (Maritime): World's largest classification society and IACS member, offering ship classification, statutory certification, and increasingly environmental verification (EU MRV, FuelEU) — directly competes with PHRS for survey, certification, and decarbonization services.
• ClassNK (Nippon Kaiji Kyokai): Largest IACS classification society by tonnage, based in Japan — directly competes with PHRS in Asian shipyards and for classification of internationally trading vessels.
• International Naval Surveys Bureau (INSB): Non-IACS classification society also based in Piraeus, Greece — closest geographic and structural peer to PHRS, competing for the same open-registry and Greek-flag vessel segment.
• Korean Register of Shipping (KR): IACS classification society headquartered in Busan, Korea — direct competitor to PHRS in Korean shipyards and for internationally flagged Korean-built vessels.
• RINA (Registro Italiano Navale): IACS classification society headquartered in Genoa with strong Mediterranean presence similar to PHRS — directly comparable in serving mid-sized shipowners and offering classification plus environmental verification services.
• Lloyd's Register: Historic IACS classification society providing ship classification, statutory certification, and advisory services — competes head-to-head with PHRS for class work, while also offering competing digital and remote survey solutions.
• Bureau Veritas Marine & Offshore: IACS classification society providing ship classification, statutory certification, and marine verification globally — direct competitor to PHRS across the same shipowner and shipbuilder customer base, with a much larger global surveyor network.

Emerging players

• Bulgarian Register of Shipping: Smaller non-IACS classification society offering ship classification and statutory certification — comparable peer to PHRS in scale and target customer base of mid-sized shipowners and open-registry operators.
• Indian Register of Shipping (IRS): Non-IACS classification society based in India providing classification and statutory services — most directly comparable to PHRS as a non-IACS society competing for similar open-registry and small-commercial segments.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/phrs_sa
• Facebookfacebook.com/phrssa
• LinkedInlinkedin.com/company/phoenix-register-of-shipping-s-a

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 Phoenix Register of Shipping