ShipServ Limited

Based in the UK, ShipServ Limited is a digital trading platform provider that simplifies procurement and supply chain processes in the maritime industry, connecting suppliers and ship operators effectively. ShipServ Limited operates a comprehensive digital trading platform that focuses on procurement within the maritime sector. Founded in 2000 and headquartered in London, UK, it has completed 5 deals, with the most recent deal occurring on August 11, 2023. In this deal, Marcura Equities FZE, a portfolio company of Marlin Equity Partners, agreed to acquire ShipServ Limited from CNF Ventures, Ionian Management, Thomas Miller & Co Ltd, and Wellington Partners for undisclosed financial terms.

The current CEO is Henrik Hyldahn. ShipServ specializes in delivering a digital trading platform tailored for the maritime industry, enhancing procurement and supply chain operations. Their primary offering, ShipServ Trade, facilitates transactions between buyers and sellers for marine goods and services, including spare parts and technical services. This platform streamlines the procurement process through digital management, significantly reducing the time and effort required in traditional procurement, serving clients across Europe, Asia, and North America.

In 2021, ShipServ reported a revenue of USD 15,931,863 and an EBITDA of USD 4,693,751, generated primarily through subscription fees and transaction fees from their digital platform. Following the acquisition by Marcura Equities FZE in August 2023, ShipServ Limited plans to enhance its e-procurement portfolio and increase network adoption. The company aims to launch new products that will further improve its service offerings and streamline procurement processes. Additionally, ShipServ is targeting expansion into new markets, focusing on regions with significant maritime activity by leveraging the recent funding to support these initiatives.