Y SHIP Management — Company Summary
REF NO: MCO-006
Y SHIP Management is a maritime company providing ship management, crew management, technical support and commercial/financial management services to shipowners and vessel operators. The company states that its operations are supported by an international crewing network and a large seafarer database.
Company Profile
Company Name: Y SHIP Management
Industry: Maritime / Ship Management / Crewing
Office: Mumbai, India
Address: 207, Dilkap Chambers, Veera Desai Road, Fun Republic Lane, Andheri West, Mumbai 400053, Maharashtra, India
Phone: +91 90046 02349
Email: office@y-ships.com
Website: y-ships.com
The website states that the company works with 5 shipowners, has access to a database of more than 30,000 seafarers, and around 300 seafarers ready for deployment.
Main Services
Y SHIP Management presents the following principal areas of activity:
- Full Crew Management
- Recruitment and selection of officers and ratings
- Verification of seafarers’ experience and documents
- Interviews and professional testing
- Travel, visa and crew-change coordination
- Technical ship management
- Maintenance and repairs
- Dry-docking coordination
- Procurement of spare parts and supplies
- Vessel certification and statutory compliance
- Financial management and vessel budgeting
- Salary payment administration
- Insurance and claims support
- Port agency and administrative support.
Crew Management
The company states that it manages the full recruitment process, beginning with candidate selection and verification and continuing through contract signing, ticketing, visa arrangements and the seafarer’s transfer from home to the vessel.
Candidate selection includes:
- verification of sea service;
- professional interviews;
- testing;
- English-language assessment;
- visa verification;
- checking certificates and other documents required by the shipowner.
Technical Management
Y SHIP Management also advertises technical ship-management services covering:
- planned maintenance;
- vessel repairs;
- dry-docking;
- procurement;
- certification;
- statutory surveys;
- cooperation with flag administrations and classification societies.
The company states that its operations are intended to comply with major international maritime requirements including ISM Code, SOLAS, MARPOL, STCW and MLC 2006.
Commercial & Financial Management
An important part of the company’s service offering is financial administration.
According to the website, its commercial management includes:
- crew salary payments;
- vessel budgeting;
- financial control;
- cost reporting;
- transparent expense management.
This is particularly relevant to the proposal you recently received regarding seafarer payroll administration and payment coordination.
International Network
The company states that its partner network includes crewing companies in:
- Europe
- Turkey
- Philippines
- India
It also reports cooperation with bulk carrier and tanker companies.
The related YCrewing Marine Agency website lists legal addresses in Moldova, Georgia and India and states that the company expanded to Mumbai under
the Y Ship Management name.
Vessel Segments
Current vacancies published on the website indicate activity involving:
- VLCC tankers
- Bulk Carriers
- Container Ships
The company advertises positions including Masters, Chief Officers, Engineers and other officers and ratings.
Relationship with YCrewing Marine Agency
Y SHIP Management appears to be closely connected with YCrewing Marine Agency.
YCrewing describes itself as an international crewing company with:
- more than 30,000 seafarers in its database;
- approximately 300 seafarers available;
- cooperation with shipowners;
- crew recruitment and documentation services;
- offices or legal addresses in Moldova, Georgia and India.
The YCrewing website specifically states that the organisation expanded to India and opened an office in Mumbai under Y Ship Management.
Potential Cooperation Areas
For a crewing agency or maritime partner, the most relevant areas for cooperation with Y SHIP Management appear to be:
- supply of qualified officers and ratings;
- crew-management outsourcing;
- seafarer payroll administration;
- international salary payments;
- crew documentation and endorsements;
- crew travel and joining arrangements;
- cooperation on specific vessels or crew groups;
- recruitment cooperation between regional crewing agencies.
Preliminary Assessment
Y SHIP Management presents itself as a combined ship-management and crewing platform with operational links to YCrewing Marine Agency.
Its strongest areas appear to be:
Crew Management + Recruitment + Payroll Administration + Technical Ship Management + Seafarer Documentation.
For practical cooperation, the most logical first step would be a small pilot project involving one vessel or one crew group, followed by verification of payment procedures, fees, documentation responsibilities and contractual terms
Website: y-ships.com