Salamis Organisation

What Salamis Organisation does

Salamis Organisation is a Limassol-headquartered, privately held conglomerate founded in 1959 by Vassos G. Hadjitheodossiou, originally as a customs clearing office in Ammochostos (Famagusta), Cyprus. The group operates across six integrated divisions: Salamis Tours (incoming and outgoing tourism), Salamis Cruise Lines (Salamis Filoxenia leisure cruises, currently suspended), Salamis Lines (scheduled Ro/Ro and container shipping), Salamis Shipping Services (freight forwarding, ship agency, ship management), Salamis Shipping S.A. (Greek operations from Piraeus), and CIR Cyprus International Roads (international TIR road transport with IVECO S-WAY tractors and refrigerated trailers). Its underlying technology platform is a fleet of three owned vessels — the Ro/Ro Patris (193m, 3,200 linear meters, acquired January 2026), Ro/Ro Vassilios (157.67m, 21,224 GT, acquired 2021), and M/V Ionia (133.34m, 8,737 GT, 889 TEU, acquired 2021) — all registered under the Cyprus flag, supplemented by 60 reefer containers (40 ft and 45 ft) and a road fleet.

The company runs weekly scheduled sailings connecting Cyprus, Greece, and Israel, with a second weekly Thessaloniki-Limassol-Ashdod service added in July 2024 via M/V ALASA, and operates direct offices in Limassol (HQ plus shipping office), Nicosia, Larnaca, and Piraeus, with agent representation in Haifa and Ashdod through A. Rosenfeld Shipping Ltd. Customer segments are split between B2B commercial traders and freight forwarders using scheduled maritime and road services, and B2C individual travelers booking package holidays, cruise voyages, and incoming tourism through Salamis Tours retail storefronts. Revenue is generated through transactional fees on freight, tour packages, and road transport, plus professional services fees for third-party ship management and agency work; pricing is quoted on inquiry and not publicly disclosed.

Salamis was publicly listed on the Cyprus Stock Exchange from 1998 until July 2025, when it was delisted via squeeze-out and became 100% owned by E.V.H. Investments Ltd. The group operates under GDPR-compliant data practices and holds International Oil Pollution, Air Pollution, and Hazardous Materials certifications across its fleet, with all vessels meeting Mediterranean SOx ECA sulphur rules using MGO 0.1% fuel as of May 2025.

Name

Salamis Organisation

Legal name

Salamis Tours (Holding) Public Limited

Website

https://salamisinternational.com

Company type

Private

Founded year

1959

Operating status

Operating

Headcount range

11–50 employees

Short description

Salamis Organisation is a Limassol-headquartered, privately held Cypriot conglomerate operating since 1959 across maritime shipping (three owned Ro/Ro and container vessels), international road transport, ship management, and travel and cruise services, serving commercial traders and tourists across the Cyprus-Greece-Israel-Mainland Europe corridor.

Ownership category

akta.pro rank

Headquarters

HQ city

Lemesos

HQ country

Cyprus

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Shipping & Logistics Services: Revenue from maritime freight transport services including Ro/Ro vessel operations, container shipping, and maritime logistics connecting Cyprus with Greece, Israel, and Mainland Europe. Services include vessel scheduling, port operations, and cargo handling.
2. Travel & Tourism Services: Incoming and outgoing tourism services including cruise operations (Salamis Filoxenia), travel packages, and holiday bookings through Salamis Tours
3. Road Transport Services: International road transport services through Cyprus International Roads (CIR), including TIR operations and domestic transport using owned fleet of tractors and refrigerated trailers
4. Ship Management Services: Ship management and agency services for third-party vessels including port agency operations, crew management, and vessel technical management
5. Clearing & Forwarding: Customs clearing services originally established in 1959, continuing as part of integrated logistics offering

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Salamis Organisation operates a diversified portfolio of transportation, logistics, and travel services through wholly-owned subsidiaries including Salamis Tours (incoming and outgoing tourism), Salamis Lines (scheduled Ro/Ro and container shipping), Salamis Shipping Services (cargo transport, freight forwarding, and clearing), Salamis Cruise Lines/Salamis Filoxenia (leisure cruises), Cyprus International Roads/CIR (international TIR road transport with refrigerated trailers), and Salamis Shipping SA (Greek shipping operations). The company owns three vessels that provide weekly sailings connecting Cyprus with Greece, Israel, and Mainland Europe.

Product overview

Salamis Organisation is a diversified transportation, logistics, and travel services conglomerate founded in 1959. The organisation operates as a platform of specialized divisions: Salamis Tours (incoming and outgoing tourism), Salamis Shipping Services (logistics and freight forwarding), Cyprus International Roads (international road transport), Salamis Lines (maritime shipping line), and Salamis Shipping SA (Greek operations). The ship management arm operates three owned vessels - Ro/Ro Patris, Ro/Ro Vassilios, and M/V Ionia - providing regular scheduled services connecting Cyprus with Greece, Israel, and mainland Europe through ports including Limassol, Piraeus, Thessaloniki, Lavrio, Haifa, and Ashdod. The organisation was delisted from the Cyprus Stock Exchange in July 2025 and is now 100% owned by E.V.H. Investments Ltd.

Differentiator

Problem solved

Functional benefit

Brands

• Salamis Filoxenia: Cruise ship operated by Salamis Organisation offering leisure cruise voyages.

Products and services

• Salamis Tours Travel and tourism services division offering incoming tourism (visitors to Cyprus) and outgoing tourism (holiday packages outbound from Cyprus to worldwide destinations), with offices across Cyprus.
• Salamis Shipping Services Comprehensive shipping and logistics services including cargo transportation, freight forwarding, customs clearing, and shipping agency services across the Eastern Mediterranean.
• Salamis Lines Scheduled maritime shipping line operating Ro/Ro and container vessels connecting Cyprus, Greece, and Israel with regular weekly sailings and transshipment options to Mainland Europe.
• Cyprus International Roads (CIR) International road transport services operating under TIR conventions, providing overland cargo transportation using an owned fleet of tractors (including IVECO S-WAY) and specialised refrigerated trailers for cold-chain and pharmaceutical cargo.
• Salamis Filoxenia Cruise Operations Cruise ship Salamis Filoxenia offering leisure cruise voyages in the Eastern Mediterranean, operated under the Salamis Cruise Lines brand.
• Salamis Shipping SA Greek subsidiary providing shipping and transport services in Greece, including operations out of Piraeus serving Eastern Mediterranean and Aegean shipping routes.
• Ship Management Services Professional ship management and agency services for third-party vessels, including port agency operations, crew management, and vessel technical management across Cyprus, Greece, and Israel.

Quantifiable outcome

• Weekly scheduled sailings between Greece, Cyprus, and Israel
• +2 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Two partnerships are on record, tiered core.

• A. Rosenfeld Shipping LtdcoreChannel Partner/ Reseller/ DistributorShipping agent representing Salamis Organisation in Israel at ports of Haifa and Ashdod. Handles local port operations, cargo coordination, and customer relations for Salamis shipping services in the Israeli market.
• DP World LimassolcoreStrategic or Co-development PartnerDP World operates the Limassol Multipurpose Terminal where Salamis vessels dock. Salamis hosted reception at DP World passenger terminal for vessel arrivals, indicating operational partnership at the port facility.

Scale indicators4 records

Recent moves12 records

Expansion highlights5 records

Broad incumbents

• DFDS: Denmark-based European Ro/Ro freight and passenger ferry operator with routes across the Mediterranean, North Sea, and Channel. Comparable to Salamis on Ro/Ro business model and cargo mix, but globally scaled and publicly listed.
• Grimaldi Lines: Major Italian Ro/Ro and ferry group operating across the Mediterranean with deep Greek exposure via Minoan Lines. Comparable to Salamis on Ro/Ro and container services but at materially larger scale.
• Stena Line: Swedish-headquartered Ro/Ro ferry operator with the world's largest network. Comparable to Salamis on Ro/Ro-only business model but at vastly larger scale and predominantly Northern European routes.

Direct peers

• Moby Lines: Italian Ro/Ro and passenger ferry operator connecting Sardinia, Corsica, and mainland Italy; also runs Tirrenia routes. Comparable on Ro/Ro vessel operations and Mediterranean corridor focus.
• Attica Group: Greek-listed ferry and Ro/Ro operator (Superfast Ferries, Blue Star Ferries) connecting Greece with Italy and the Eastern Mediterranean. Closest direct peer to Salamis given shared Greek-Cypriot waters and Ro/Ro focus.
• Anek Lines: Greek Ro/Ro and passenger ferry operator serving domestic Greek island and Adriatic routes. Comparable to Salamis Lines in vessel type (Ro/Ro), customer profile (truck operators and travelers), and Mediterranean operating geography.
• Minoan Lines: Greek ferry and Ro/Ro operator focused on Crete and Adriatic connections; subsidiary of Grimaldi Group. Overlaps with Salamis on Ro/Ro cargo and Greek-port operations.
• Louis PLC: Cyprus-based tourism, cruise, and shipping group (Louis Cruise Lines, Louis Travel). Comparable to Salamis given shared Cypriot base, overlapping tourism and shipping activities, and regional passenger-service focus.

Others

• DP World Limassol: Operator of the Limassol multipurpose terminal where Salamis vessels dock. Acts as both a strategic partner and adjacent infrastructure provider shaping Salamis's port access economics.

Regional players

• Cyprus-based logistics and freight forwarders: Domestic Cypriot logistics and customs-clearing firms that operate at the same level of the value chain as Salamis Shipping Services (e.g., freight forwarding, customs brokerage, TIR transport). Closest functional peers for the forwarding division.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/salamis.cruises
• Instagraminstagram.com/salamisfiloxeniaofficial
• LinkedInlinkedin.com/company/salamis-tours-o

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries6 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 Salamis Organisation