Victoria Maritime Trading

What Victoria Maritime Trading does

Victoria Maritime Trading Ltd. is a privately held ship management company established in 2011 by maritime industry veterans. The company is incorporated in Bulgaria as a subsidiary of a Marshall Islands parent entity that owns the dry cargo vessels under management. The operating fleet consists of three vessels — m/v Anna 2005 (General Cargo, St. Vincent Grenadines flag), m/v Lada 2005 (General Cargo, St. Vincent Grenadines flag), and m/v Michelle 1 (Bulk Carrier, Malta flag) — with an aggregate deadweight of approximately 18,900 MT.

The company delivers full ship management across five integrated departments: Technical (24/7 hull, machinery and equipment monitoring; drydock repair support), Operation (voyage coordination, post-fixture support, cargo handling supervision), Chartering (cargo-vessel matching with direct relationships with charterers and traders worldwide), Crewing (recruitment from a Ukraine/Russia seafarer database with interviews in Russian and English), and ISM&ISPS (compliance with the International Safety Management Code, International Ship and Port Facility Security Code, and Maritime Labour Convention). Complementary revenue comes from Agency and ship supply services at Bulgarian and Turkish ports including the Turkish Straits, and from Insurance broking covering hull and machinery, P&I, crew liability, war risks, cargo, towage, and yacht insurance through London, Greek, and Bulgarian underwriters.

The company operates a relationship-driven, sales-led GTM model targeting vessel owners, charterers, and traders. It maintains two offices — Varna (Bulgaria, headquarters, established in specially-designed space in 2016) and Istanbul (Turkey, regional commercial management and chartering hub). The business makes money through management fees on managed vessels, agency fees and marine supply markups at ports, insurance brokerage commissions, and chartering commissions. No proprietary technology platform or AI/ML capabilities are described; marketing is limited to the company website and direct email/phone contact channels. Headcount is reported at 11–50 employees.

Name

Victoria Maritime Trading

Legal name

Victoria Maritime Trading Ltd.

Website

https://victoriamaritimeltd.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

11–50 employees

Short description

Victoria Maritime Trading Ltd. is a Bulgarian-Turkish ship management company (founded 2011, 11–50 employees) providing full technical, crew, operations, chartering, and ISM/ISPS management for a fleet of three dry cargo vessels, plus agency and insurance broking services at Bulgarian and Turkish ports.

Ownership category

akta.pro rank

Product category

Maritime Ship Management

NAICS

Support Activities for Water Transportation (4883), Other Support Activities for Water Transportation (48839)

SIC

Water Transportation (4400), Arrangement Of Transportation Of Freight & Cargo (4731)

akta.pro primary industry

Spare Parts, Ship Chandlery & Logistics to Vessel (TLAHAJAF)

akta.pro secondary industries

Provisions, Stores & Bonded Supplies Coordination (TLAHAJAC), Bulk Dry Cargo Carriers (Capesize/Panamax/Supramax/Handysize) (TLADABAC)

Keywords

• Ship management services
• Maritime vessel management
• Port agency services
• Marine insurance broking
• Vessel chartering services

Headquarters

HQ city

Varna

HQ country

Bulgaria

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Ship Management Services: Full technical and commercial management services for owned and managed vessels including tankers, bulk carriers, containers, general cargo and offshore vessels. Revenue generated through management fees.
2. Agency and Ship Supply Services: Full range agency and ship supply services at Bulgarian and Turkish ports and Turkish Straits (Bosphorus and Dardanelles). Revenue from agency fees and marine supply markups.
3. Insurance Services: Insurance broking services covering hull and machinery, P&I, crew liability, war risks, cargo, towage, and yacht insurance. Strong relationships with London, Greek and Bulgarian underwriters and brokers.
4. Chartering Services: Chartering department provides comprehensive services for all types and sizes of cargoes requiring specialized vessels. Revenue generated through chartering commissions and freight arrangements.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Victoria Maritime Trading Ltd. provides full ship management services for dry cargo vessels, including technical management, crew management, chartering, operations coordination, and ISM/ISPS compliance. The company also offers port agency and ship supply services at Bulgarian and Turkish ports (including the Turkish Straits), and marine insurance broking across hull, P&I, cargo, war risks and related lines through London, Greek and Bulgarian underwriters. The company manages a fleet of three vessels (m/v Anna 2005, m/v Lada 2005, m/v Michelle 1) and delivers services 24/7 through offices in Varna (Bulgaria) and Istanbul (Turkey).

Product overview

Victoria Maritime Trading Ltd. is a ship management company established in 2011 offering a comprehensive suite of maritime services. The core offering is Ship Management Services comprising five integrated departments: Technical Department (vessel technical management and drydock repair support), Operation Department (voyage coordination and cargo handling), Chartering Department (cargo vessel matching and commercial management), Crewing Department (seafarer recruitment from Ukraine and Russia), and ISM&ISPS Department (safety and environmental compliance). The company also provides complementary services including Agency Services for Turkish and Bulgarian ports and Insurance Services covering hull, P&I, and cargo insurance through international underwriters. The managed fleet consists of three vessels: m/v Michelle 1 (Bulk Carrier), m/v Lada 2005, and m/v Anna 2005 (both General Cargo vessels).

Differentiator

Problem solved

Functional benefit

Products and services

• Ship Management Services Comprehensive ship management encompassing technical management, operations coordination, chartering, ISM&ISPS compliance, and crew management for owned and managed vessels including tankers, bulk carriers, containers, general cargo and offshore vessels. Targeted at vessel owners seeking compliant, cost-effective third-party management.
• Agency and Ship Supply Services Full range agency and ship supply services delivered directly at all Bulgarian and Turkish ports as well as the Turkish Straits (Bosphorus and Dardanelles), including provisions, stores, equipment and bunkering arrangements through the Istanbul purchasing department. Targeted at vessels calling at regional ports.
• Marine Insurance Broking Insurance broking services covering hull and machinery, P&I, crew liability, excess war risks, personal accident, cargo, towage, freight, demurrage and defense, and yacht insurance, leveraging relationships with London, Greek and Bulgarian underwriters. Includes ship survey services provided by office Masters and Chief Engineers. Targeted at vessel owners, charterers, and yacht owners.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves2 records

Expansion highlights4 records

Direct peers

• V.Ships: Global third-party ship management company headquartered in Monaco, providing technical, crew, and commercial management across tankers, bulk carriers, and offshore vessels — directly comparable service portfolio to Victoria Maritime Trading at much larger scale.
• Tolani Shipping Company Limited: Indian ship management group providing technical management and crewing for bulk carriers and general cargo vessels — closely comparable to Victoria Maritime Trading's bulk/general cargo focus.
• Thenamaris (Consolidated Management & Shipping Corp.): Greek ship management and operating company providing technical management, crewing, and chartering services for tankers and bulk carriers — comparable full-stack service model with Mediterranean/Black Sea exposure.
• Columbia Shipmanagement: Cyprus-based full-service ship manager with strong presence in the Eastern Mediterranean and Black Sea region, providing technical and crew management for tankers, bulkers, and container vessels — comparable regional positioning and service model.
• Anglo-Eastern Univan Group: One of the world's largest independent ship managers offering full technical management, crewing, and ship agency services across all vessel types — directly overlapping with Victoria Maritime Trading's full-stack offering.
• Bernhard Schulte Shipmanagement: German-headquartered full-service ship manager covering technical management, crewing, and commercial services for a large diversified fleet including bulk carriers and general cargo — comparable service mix to Victoria Maritime Trading.
• Wallem Group: Hong Kong-headquartered ship management group offering technical management, crewing, and ship agency services globally — directly comparable in scope to Victoria Maritime Trading's ship management and crewing operations.
• Mercandia Shipping and Chartering: Danish-based ship management and chartering company specializing in small-to-mid-size bulk carriers and general cargo — comparable vessel type and integrated chartering/management model.

Emerging players

• Hanseatic Marine Services: Bulgarian/Turkish regional ship agency and supply provider active in Black Sea ports — comparable agency and supply services to Victoria Maritime Trading's port agency operations in the same geographic corridor.
• International Tanker Management: UAE-based ship management company focused on tanker technical management — adjacent peer with overlapping technical management capabilities but different vessel focus than Victoria Maritime Trading.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/victoriamaritimeltd
• LinkedInlinkedin.com/company/victoria-maritime-trading-ltd

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

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 Victoria Maritime Trading