Kiriacoulis Mediterranean Cruises Shipping

What Kiriacoulis Mediterranean Cruises Shipping does

Kiriacoulis Mediterranean Cruises Shipping S.A. is a Greek yachting company that operates across Mediterranean charter, sales, brokerage, yacht management, and marina operations. Founded in 1981 and headquartered at 7 Alimou Avenue in Alimos, Athens, the company is organised under the Y/KNOT INVEST S.A. holding group alongside the KS Marin marina management subsidiary and Active Cruises (Y/KNOT). The company is listed on the Athens Stock Exchange under ticker KYRI and employs 51-100 staff.

The business is built on five revenue streams: (i) weekly and multi-week yacht charters (bareboat and skippered) from bases in Greece, France, Croatia, Malta, and Montenegro, with a peak-season fleet of approximately 1,000 boats at Alimos Marina; (ii) Short Escapes day and multi-day skippered cruises from Athens, Mykonos, Kos, Lefkada, and Corfu; (iii) new and pre-owned yacht sales and brokerage under authorized dealer agreements with nine major shipyards (Bali, Bavaria, Beneteau, Dufour, Excess, Fountaine Pajot, Jeanneau, Lagoon, Nautitech); (iv) yacht management covering technical maintenance, crew oversight, berthing, and financial reporting; and (v) charter income programs that place owner-yachts into commercial charter service.

Distribution is hybrid: direct-to-consumer through a website with online search, filtering, booking, and credit/debit card processing via Alpha Bank; a charter broker/agent network served via a dedicated agents page and industry events such as Y/KNOT x MMK Summit To Go (May 2026 on Poros); WhatsApp for direct customer communication; and on-the-ground charter bases. The fleet is segmented into Prestige Line (0-3 years), Class Line (4-5 years), and Economy Line (6+ years), with pricing on a per-week quote-based model requiring a 50% deposit on confirmation and balance 30 days before embarkation. The company holds GDPR compliance, complies with Greek charter legislation, and maintains sustainability partnerships with Sustainable Sailing Greece and the Ionian Environment Foundation since June 2023.

Name

Kiriacoulis Mediterranean Cruises Shipping

Legal name

Kiriacoulis Mediterranean Cruises Shipping S.A.

Website

https://kiriacoulis.com

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

51–100 employees

Short description

Kiriacoulis Mediterranean Cruises Shipping is a Greek yachting company offering bareboat and skippered charters, yacht sales and brokerage, yacht management, charter income programs, and marina operations across Greece, France, Croatia, Malta, and Montenegro, serving leisure travellers, yacht owners/investors, corporate clients, and charter brokers.

Ownership category

akta.pro rank

Product category

Yacht Charter Services

NAICS

Boat Dealers (441222), Support Activities for Water Transportation (4883)

SIC

Water Transportation (4400), Services-Equipment Rental & Leasing, Nec (7359)

akta.pro primary industry

Bareboat Yacht Charters (Self-Skippered) (THAEAEAB)

akta.pro secondary industries

Crewed Yacht Charters (Luxury Crewed) (THAEAEAA), Private Yacht & Luxury Boat Charters (With Crew) (THAJALAE), Cruise Yacht Charters (Private Crewed) (THAEADAG), Leisure Passenger Shipping Charters (Ferry/Excursion Vessels) (THAEAGAH)

Keywords

• Yacht charter services
• Bareboat charters
• Yacht brokerage
• Yacht management
• Skippered charters

Headquarters

HQ city

Athen

HQ country

Greece

HQ region

Europe

Offices6 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Yacht Charter Services: Core revenue stream from bareboat and skippered yacht charters across Greece, France, Croatia, Malta, and Montenegro. Customers pay for yacht rental on a per-week or multi-week basis with various boat categories available.
2. Short Escapes Day Charters: Revenue from day and half-day cruise experiences departing from Athens, Mykonos, Kos, Lefkada, and Corfu. Includes half-day (5 hours), full-day (10 hours), and 3-day escape packages with meals and accommodations included.
3. Yacht Sales and Brokerage: Revenue from selling new and pre-owned yachts from world-renowned shipyards including Bavaria, Dufour, Jeanneau, Beneteau, Fountaine Pajot, Lagoon, Bali Catamarans, Nautitech, and Excess. The company offers comprehensive yacht sales and brokerage services.
4. Yacht Management Services: All-encompassing yacht management covering technical maintenance, berthing logistics, crew oversight, and financial reporting. Professional upkeep and servicing with simplified transfer process for yacht owners.
5. Charter Income Programs: Turn-key yacht investment programs where owners can place their yachts in charter service. The company handles charter placement, meticulous upkeep, and actively markets yachts for charter opportunities to maximize return on investment.

Pricing tiers

Go-to-market motion4 records

Distribution channels4 records

Marketing channels6 records

Core offering

Kiriacoulis Mediterranean Cruises Shipping operates a Mediterranean-wide yacht charter fleet offering bareboat and skippered charters plus day cruises. The company runs an authorized yacht sales and brokerage division for new and used yachts, full yacht management services for owners including charter placement, and marina operations through the K/S Marin subsidiary.

Product overview

Kiriacoulis Mediterranean Cruises Shipping operates as a comprehensive yachting company under the Y/KNOT INVEST S.A. parent group, offering a portfolio of interconnected services centered around three core pillars: yacht chartering (bareboat, skippered, and short escape cruises), yacht sales and brokerage, and yacht management. The charter business features a modern fleet available across 5 countries (Greece, France, Croatia, Malta, Montenegro) with bases in Athens, Mykonos, Paros, Corfu, Lefkada, Kos, and others, supporting charter options for every sailing style. The sales division represents the world's leading shipyards (Bali Catamarans, Bavaria Yachts, Beneteau, Dufour Yachts, Excess, Fountaine Pajot, Jeanneau, Lagoon, Nautitech) and also handles pre-owned yacht sales. Supporting the charter and sales businesses, the company offers yacht management (technical management, crew oversight, berthing logistics), charter income programs that turn yacht ownership into a financial investment, and marina management via the KS Marin brand. The company classifies its fleet into three tiers: Prestige Line (0-3 years old), Class Line (4-5 years), and Economy Line (6+ years), ensuring options for different budgets and preferences.

Differentiator

Problem solved

Functional benefit

Products and services

• Bareboat Charters Self-sail yacht charter for licensed sailors, drawing on a fleet of approximately 80 sailing yachts and catamarans available from charter bases in Greece, France, Croatia, Malta, and Montenegro.
• Skippered Charters Charter service that pairs clients with a professional skipper for those without sailing qualifications or who prefer a guided Mediterranean sailing experience.
• Short Escapes Day Charters Day sailing adventures typically lasting 4-7 hours, providing single-day yachting experiences without an overnight commitment, suitable for travelers with limited time.
• Yacht Sales & Brokerage Sales of new yachts through authorized dealer relationships with nine major yacht builders, plus brokerage services for used yachts and second-hand listings.
• Yacht Management Comprehensive yacht management service for owners covering technical maintenance, charter management plans, and operational support for privately owned vessels.
• Charter Income Programs Program placing privately owned yachts into the Kiriacoulis charter fleet to generate rental income for owners through professional charter placement, marketing, and management.
• Marina Management Marina operations and management through the K/S Marin subsidiary, including Alimos marina in Greece and additional Mediterranean marina facilities with berth and sustainability initiatives.

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Partnerships

Twelve partnerships are on record, tiered core.

• MMK Booking ManagercoreStrategic or Co-development Partner · 1 April 2026Y/KNOT group collaboration with MMK Booking Manager to host the Summit To Go conference, an exclusive agents-only conference taking place May 4-6 on Poros island. The event combines industry insights, data-driven presentations, and hands-on sailing experiences to strengthen partnership and market presence.
• Sustainable Sailing GreececoreStrategic or Co-development Partner · 1 June 2023Kiriacoulis Mediterranean group supports the Sustainable Sailing Greece project from its beginning. The partnership involves cooperation to develop and distribute a sustainability guide for sailors, providing valuable insights on how to enjoy sailing while minimizing environmental impact. Since June 2023, all Kiriacoulis yachts sailing in the Ionian Sea are outfitted with sustainability booklets guiding guests on eco-friendly sailing practices.
• Ionian Environment FoundationcoreStrategic or Co-development Partner · 1 June 2023Cooperation partner in the sustainability initiative for the Ionian Sea. The foundation provides environmental expertise and guidance for preserving marine ecosystems during yachting activities.
• Bali CatamaranscoreChannel Partner/ Reseller/ DistributorAuthorized dealer and distributor for Bali Catamarans. Offers new Bali yachts for sale and includes Bali models in charter fleet.
• Bavaria YachtscoreChannel Partner/ Reseller/ DistributorAuthorized dealer for Bavaria Yachts including Bavaria Sailing Yachts and Bavaria Motor Boats. Offers new Bavaria vessels for sale.
• BeneteaucoreChannel Partner/ Reseller/ DistributorAuthorized dealer for Beneteau yachts. Offers new Beneteau Oceanis and other models for sale.
• Dufour YachtscoreChannel Partner/ Reseller/ DistributorAuthorized dealer for Dufour Yachts. Offers new Dufour sailing yachts for sale.
• ExcesscoreChannel Partner/ Reseller/ DistributorAuthorized dealer for Excess catamarans. Offers new Excess yachts for sale.
• Fountaine PajotcoreChannel Partner/ Reseller/ DistributorAuthorized dealer for Fountaine Pajot catamarans. Offers new Fountaine Pajot models for sale.
• JeanneaucoreChannel Partner/ Reseller/ DistributorAuthorized dealer for Jeanneau yachts including Sun Loft 47 and other models. Offers new Jeanneau vessels for sale.
• LagooncoreChannel Partner/ Reseller/ DistributorAuthorized dealer for Lagoon catamarans. Offers new Lagoon models including Lagoon 51 Iconic, Lagoon 43, and other variants for sale.
• NautitechcoreChannel Partner/ Reseller/ DistributorAuthorized dealer for Nautitech catamarans. Offers new Nautitech yachts for sale.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Sunsail: Sister brand to The Moorings, offering bareboat and flotilla yacht charters in the Mediterranean and other destinations. Direct competitor in the same Mediterranean charter niche with overlapping customer base.
• Navigare Yachting: Mediterranean-focused yacht charter operator with charter bases in Croatia, Greece, Italy, and the Caribbean. Offers comparable bareboat and skippered services and similar yacht sales/management programs.
• Dream Yacht Charter: One of the largest global yacht charter companies with a strong Mediterranean base network and similar franchise/ownership programs. Competes directly on bareboat, skippered, and crewed charter services.
• Filovent: European yacht charter broker/operator with a large Mediterranean fleet, offering bareboat and crewed charters across multiple countries. Direct competitor in distribution and inventory aggregation.
• GlobeSailor: Online yacht charter marketplace and broker focused on crewed and bareboat charters in the Mediterranean, Caribbean, and beyond. Direct competitor for the same luxury charter customer base.
• The Moorings: Global yacht charter operator offering bareboat, skippered, and crewed charters across the Mediterranean and Caribbean. Most direct comparable given multi-country, multi-vessel fleet model and similar sailing/catamaran focus.

Others

• Lagoon (Groupe Beneteau): Leading catamaran builder whose vessels Kiriacoulis sells and charters. While not a direct charter competitor, Lagoon represents both a key supply partner and adjacent ecosystem player in the catamaran charter segment where Kiriacoulis is expanding fleet.

Emerging players

• Sailogy: Online yacht charter platform offering bareboat and crewed rentals across the Mediterranean. Comparable in charter booking experience but operates more as a digital intermediary than a fleet owner.
• MedSailors: Smaller yacht charter brand focused on flotilla and bareboat sailing holidays in Greece, Croatia, and Turkey. Comparable in product offering but at smaller scale and more youth/beginner skew.

Broad incumbents

• Beneteau: World's largest yacht manufacturer and parent of multiple charter brands. Kiriacoulis is an authorized Beneteau dealer, and Beneteau's own charter subsidiaries (e.g., through its group) compete in the Mediterranean charter market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@KiriacoulisYachting
• Facebookfacebook.com/Kiriacoulis.Mediterranean
• LinkedInlinkedin.com/company/kiriacoulis-mediterranean
• Instagraminstagram.com/kiriacoulisyachting
• Xx.com/kiriacoulis

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 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 Kiriacoulis Mediterranean Cruises Shipping