Istanbul Ship Management & Trading Corporation

Istanbul Ship Management & Trading Corporation  [ISMTC-an officially incorporated parent company formed in the UK with IMO Company Identification Number 6260327] is one the  leading independent ship management and trading company, and a global pioneer in technology, innovation, and services for worldwide vessel owners.  With over 10 years’ experience in managing vessels in the shipping, cruise and energy sectors, ISMTC is committed to delivering safe and compliant operations through transparency, pro-activeness, and strong partnerships. ISMTC provides a full range of ship management and marine support services to ship owners and operators around the globe, as well as the ability to blend those services together in unique combinations to meet specific customer needs. With responsibility for 10 assets including bulk carriers and containerships, under our management, ISMTC has access to an international network across all sectors. They are supported by an onshore team of over 30 colleagues spread throughout 4 countries in the respective regional offices.

As industry leaders, we combine our global footprint with specialists and operational hubs around the world to give our customers the most comprehensive service with multi-disciplined support. We are able to set, measure and deliver the industry leading standards for safety, compliance, environmental protection and service quality. We demonstrate the know-how, commitment, and drive to help all our customers achieve their goals, through cost-effective, safe, and performance-enhancing asset management – wherever and whenever it’s needed.  By leveraging our unique operating model, we align our risks and priorities more closely with our customers. We not only provide full ship management services, but certainty and confidence for owners wanting to stay one step ahead. Guided by our values, we aim to deliver flawless service in every area in which we operate, with safety being our number one priority.

ISMTC has always placed technology and innovation at the center of its operations. It is vital in delivering flawless service by employing a powerful digital platform that helps us collaborate better, make data-driven decisions, and seamlessly connect different areas of the business. This drives better outcomes for our customers, integrating technology and data in order to generate tangible value in all aspects of their operations. Technology and datasets provide actionable insights, driving vessel safety, environmentally compliant operations and ultimately optimizing technical and commercial performance. 

What we can offer

Although the company is not old but more than 30 years of up to date knowledge and technical know-how and professional experience of well reputed shipping directors , qualified and competent ocean going masters and chief engineers and shipyard experiences are the key of the success , which supports the activities of the company. 

With our primary client base firmly in the commercial shipping industry, we work with a range of vessels and their owners around the world. With assets at hand, ISMTC provides a consistent service, tailored to the individual client’s needs.  Since our formation,  ISMTC has provided a full range of ship management and maritime services to various ship owners in different industries. Now, more than 10 years later, our network has expanded and our offerings increased, allowing us to become the leading independent group provider of global marine support services. 


Services provided by our company in ship management:
Supervising the ongoing maintenance work onboard the ship, such as maintenance of machinery and equipment, repair work, and checking the readiness of the ship.
Provide adequate crew to guard the ship.
Make the necessary arrangements for loading and unloading the goods.
Negotiate contracts for refueling and lubricants.
Manage expenses on behalf of the owner.
Make arrangements for ship entry into P&I clubs·
Make arrangements for insurance contracts related to the ship.
The company deals with various claims, such as those related to insurance, rescue operations ... etc.
The ship management company’s services also include arranging for the provision of supplies to the ship’s crew.
A ship management company can charter the vessel on behalf of the owner.

Our Team
We have extensive experience in serving the industry for many years. Our main assets are our seafarers and the office personnel who keep the fleet running within safe and efficient environment. Our operations team had been sailing on board various type of vessels and gained huge experience with the largest ship owners and ship managers across the globe. We are a sincere Company with clear vision to deliver the best services to our Clients and our team members are always on duty to ensure accident free operations of the managing fleet. We are continuously developing and we are confident out experience, knowledge & passion can provide professional solution in timely manner. With an exceptional safety record, our expert teams consistently supply management and vital support services for your vessels in the bulk carrier market. Your vessel, our responsibility.

Ship Management Services

Our global ship management group provides operational and technical management, as well as crewing and project management services to ship owners and operators, oil companies, and customers requiring marine-related logistical solutions. As a third-party ship manager and service provider, we manage your vessels and projects with the same quality, safety and reliability as we would do and have done for our own for more than 100 years.

Operational and Technical Management
Crew Management
Procurement
Accounting/Contract Management
Insurance
Additional Project Management Functions

Our six strategic pillars

Enhancing our operating model :To provide safe, high quality and regulatory compliant services to our customers on a global basis, 24 hours of every day.
Investing in talent: To ensure we have the best people in our industry both onshore and at sea, in order to provide highest quality service to all our customers
Innovating: To use data-driven insights and technology to drive better outcomes for our customers.
Driving organic growth: We aim to grow by offering unparalleled service and great technical capability to maritime asset owners and operators.
Delivering inorganic growth: We acquire other businesses where they can enhance the service we are able to offer our customers.
Maintaining financial discipline: We can run our business to the highest standards, managing risks prudently whilst continuing to invest in our services.

Safety and Customers first
After safety, the customer is at the centre of our business. We are committed to listening more closely to our customers – responding more quickly to their needs and building stronger relationships. Positive customer advocacy is key to our success, which means putting the customer at the centre of everything we do and building our services accordingly, emphasising transparency, pro-activeness, and partnership in our relationships.

Our Structure
As leaders in our industry, we have a strong reputation for safety, environmental compliance and good governance. In an increasingly complex and changing sector, the governing structure of ISMTC  is in place to protect the group’s future, ensure its growth and prosperity and maintain its professional and ethical standards, reputation and corporate responsibility.

Our Values

Our values are our guiding principles and explain who ISMTC are and how we like to do business. By applying them to our operations and decision making on a daily basis, every colleague is able to work together effectively and strive for perfection in satisfying the needs of our customers. Our shared values are:

1

We care 

about our colleagues, our customers, and our company

2

We challenge

by innovating to keep us and our customers ahead of the competition

3

We collaborate 

by connecting and communicating to ensure alignment

4&5

We are consistent  

always operating in a safe and regulatory compliant way

We commit and deliver 
                                             and always aim to keep our promises

WHAT IS TECHNICAL MANAGEMENT?

Full Ship Management Services

A

Technical management, or full ship management is the maritime service rendered to maintain and operate vessels, as commissioned by a ship owner or charter. Rather than the ship owner, these duties can be performed via a third party ship manager. Technical ship management includes the registration of vessels, operations, service, technical maintenance, as well as management of crew. It can also include the business and commercial management of a vessel, such as its chartering and financial administration.

B


These management services are undertaken by a dedicated technical department, including an expert team of marine engineers, purchasing, information technology, safety, quality and environmental protection, insurance, as well as financial and administration personnel. Furthermore, a variety of highly specialised software and systems enable the technical management department to manage all aspects of operations. 

C

Since third party ship management companies provide these technical ship management services to a variety of ship-owning clients, they are able to take advantage of more substantial economies-of-scale, such as in purchasing, supported by stronger and more diverse networks of suppliers and partners. This encourages greater efficiency and ultimately translates to lower operating costs for ship owners.
In addition, due to the changing nature of some owners, such as more external investors, banking and financial institutions, third party full ship management has become a growing sector.

Additional Our Services 

-Operational and Technical Management
-Crew Management
-Procurement
-Accounting/Contract Management
-Insurance
-Additional Project Management Functions

Our Clients

The slowdown in manufacturing and export orders worldwide has resulted in a moderate container trade growth in 2019, while the Covid-19 pandemic further impacted the global demand in 2020. We list down some of the companies that we work with; 

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