Name

Cassiopeia Shipmanagement Ltd

Legal name

Cassiopeia Shipmanagement Ltd.

Website

https://cassiopeia-marine.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Ship Management Services

NAICS

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

SIC

Water Transportation (4400)

akta.pro primary industry

Vessel Husbandry & Crew Services (Crew Change, Meet & Assist, Transport, Shore Passes) (TLAHAJAB)

akta.pro secondary industry

Provisions, Stores & Bonded Supplies Coordination (TLAHAJAC)

Keywords

• Ship management services
• Crew management solutions
• Maritime accounting services
• Vessel financial administration
• Seafarer recruitment

Headquarters

HQ city

Limassol

HQ country

Cyprus

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Full Crew Management: Complete crew management services provided on a fixed monthly lump-sum basis, governed under the BIMCO Crewman B Contract (2009). Includes recruitment, vetting, crew changes, administration, payroll, training, welfare, and all crewing-related services.
2. Cost Plus Fee Crew Management: Crew management provided on a cost-plus-fee basis, governed under the BIMCO Crewman A Contract (2009). Clients pay actual crew costs plus an agreed management fee.
3. Financial and Administration Services: High-quality financial and administrative solutions including financial reporting, cost accounting, budget monitoring, accounts payable/receivable, audit support, crew payroll management, and crew clothing management. Aligned with international accounting standards and DNV-audited ISO 9001:2015 standards.
4. Vessel Accounting Services: Specialized financial management for maritime operations including daily vessel accounting, budget monitoring, cost control, accruals, financial closings, vendor and disbursement management, and financial reporting with ERP system integration.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Cassiopeia Shipmanagement Ltd provides integrated ship management services encompassing crew management (recruitment, vetting, training, payroll, welfare, and administration of seafarers), financial and administration services (financial reporting, cost accounting, budget monitoring, audit support, crew payroll), and specialized vessel accounting services for maritime operations. The company serves ship owners and vessel operators managing a diverse fleet of tankers, bulk carriers, Ro-Ro vessels, and container ships, offering both fixed-fee and cost-plus contract models under BIMCO Crewman standards.

Product overview

Cassiopeia Shipmanagement Ltd offers a unified ship management platform centered on three integrated service modules: Crew Management Services (covering recruitment, vetting, training, payroll, welfare, and administration of seafarers), Financial and Administration Services (providing accounting, cost control, audit support, and payroll management), and Vessel Accounting Services (specialized maritime financial management including daily accounting, budget monitoring, and vendor management). The company operates two primary service models for crew management—Full Crew Management on a lump-sum basis and Cost Plus Fee Crew Management—offering flexibility for different client operational and financial needs. All services are supported by a global network of recruiting offices in Manila, Odessa, and Hamburg.

Differentiator

Problem solved

Functional benefit

Products and services

• Crew Management Services Comprehensive crew management services covering the full lifecycle of seafarer employment including recruitment, vetting, selection, crew changes planning, administration, P&I handling, flag documentation, working gear provisioning, crew appraisal monitoring, training, cadets program, victualling, welfare, and annual vessel visits. Designed for ship owners and vessel operators seeking flexible, efficient, and tailored crewing solutions.
• Financial and Administration Services High-quality financial and administrative solutions aligned with international accounting standards, including financial reporting, cost accounting, budget monitoring, accounts payable/receivable management, audit support and compliance, crew payroll management, and crew clothing management. Targeted at ship owners and operators requiring reliable financial oversight of fleet operations.
• Vessel Accounting Services Specialized financial management for maritime operations covering daily vessel accounting, budget monitoring and cost control, accruals and financial closings, vendor and disbursement management, financial reporting, cash flow monitoring, and audit support with system integration. Designed for shipowners and managers seeking accurate reporting and cost control with full transparency.

Quantifiable outcome

• Efficient and smooth crew changes through well-planned advance arrangements
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Four partnerships are on record, tiered core.

• TB MarinecoreStrategic or Co-development PartnerTB Marine, represented by Capt. Kurts Magone, participated as a distinguished guest and speaker at the Cassiopeia Shipmanagement Crew Conference 2026 held in Manila. The partnership involves collaborative professional relationships in crew management and maritime operations, with Capt. Magone contributing to discussions on industry challenges and developments.
• Kontor17coreStrategic or Co-development PartnerKontor17, represented by Mr. Marc Elsholz, was a distinguished guest and partner at the Cassiopeia Shipmanagement Crew Conference 2026. The company collaborates on maritime professional development and industry knowledge sharing through conference participation and expert presentations.
• TB Marine Cont.coreStrategic or Co-development PartnerTB Marine Cont. is a valued partner with whom Cassiopeia organized a Crew Seminar in Limassol (February 2026). The seminar focused on professional development, operational excellence, and strengthening collaboration between teams both ashore and at sea, including joint presentations and knowledge-sharing sessions.
• GCC-MarinecoreChannel Partner/ Reseller/ DistributorGCC-Marine is the partner operating the Odessa, Ukraine recruiting office for Cassiopeia. The partnership enables Cassiopeia to access Ukrainian seafarer talent through a joint-ventured manning office structure.

Scale indicators3 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• OSM Maritime Group: Global ship management firm headquartered in Norway, providing crew, technical and commercial management to shipowners — directly comparable business model and customer base to Cassiopeia.
• Anglo-Eastern Univan Group: Large independent ship management group providing crew management and technical services from offices in Asia and Europe, operating across tankers, bulkers, and container segments — comparable scale and service breadth to Cassiopeia.
• Marlow Navigation: Cyprus-headquartered ship management group providing crew management, technical management, and manning solutions across tankers, bulkers, and containers — directly comparable regional competitor.
• Thome Group: Independent ship management group with broad crew and technical management offerings across Asia and Europe — comparable service modules and direct overlap with Cassiopeia's three-pillar portfolio.
• V-Ships: One of the world's largest independent third-party ship managers, providing crew, technical and commercial management across all major vessel segments — directly comparable to Cassiopeia's three-module service portfolio and principal-based GTM.
• Columbia Shipmanagement: Limassol, Cyprus-based ship management company (like Cassiopeia) providing full crewing, technical management and seafarer training services globally — directly overlaps Cassiopeia's geographic base and service portfolio.
• Bernhard Schulte Shipmanagement (BSM): Major third-party ship manager offering crew management, technical management, and maritime services globally — directly comparable to Cassiopeia's full-lifecycle crew and financial administration offering.

Others

• Navig8 Group: Independent shipowner and operator that also provides technical/commercial management services — adjacent rather than directly competing, but uses similar crew management infrastructure and serves the same principal segment.

Broad incumbents

• Wilhelmsen Ahrenkiel Ship Management: Ship management arm of the larger Wilhelmsen group offering crew and technical management as part of a broader maritime services portfolio — a wider incumbent with overlapping capabilities but broader scope than Cassiopeia's boutique focus.

Emerging players

• International Shipping Partners (ISP): Independent ship management firm offering crew management and associated services to commercial vessel owners — a smaller specialist comparable to Cassiopeia's boutique positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/cassiopeia_shipmanagement
• Facebookfacebook.com/profile.php

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries3 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 Cassiopeia Shipmanagement Ltd