Financial and
Administration

Our Financial and Administration services include but not limited to the following:

Financial Reporting

We provide transparent and customized reporting to support operational and management decisions.

Reporting services include:

  • Periodic financial reporting for crew management activities
  • Monthly crew cost reports per vessel
  • Customized financial reports for shipowners
  • Budget analysis and cost performance reporting

Cost Accounting & Budget Monitoring

We maintain effective financial control over all crew-related operational expenses.

Services include:

  • Recording and monitoring crew costs per vessel
  • Allocation of expenses to individual vessels
  • Budget monitoring and cost analysis
  • Supporting financial transparency and operational efficiency

Accounts Payable & Receivable

Our finance team ensures efficient management of all crew management payables and receivables.

This includes:

  • Processing supplier invoices and payments
  • Issuing invoices to shipowners for crew management services
  • Monitoring outstanding balances and cash flow exposure
  • Maintaining accurate financial records and payment tracking

Audit Support & Compliance

We maintain organized records and documentation to support audits and compliance requirements.

Our compliance support includes:

  • Maintaining audit-ready accounting documentation
  • Assistance during inspections and financial reviews
  • Adherence to established quality procedures
  • Compliance with DNV-audited ISO 9001:2015 Quality Management standards

Crew Payroll Management

We provide accurate and compliant crew payroll administration services, ensuring transparency and adherence to maritime labour regulations.

Our services include:

  • Monthly payroll processing, including wages, overtime, leave pay, bonuses and allowances
  • Final wage settlements upon contract completion
  • Crew allotments and remittances to designated beneficiaries
  • Compliance with Maritime Labour Convention (MLC) requirements

Crew Clothing Management

We manage the supply and cost control of crew uniforms and protective clothing.

Our scope includes:

  • Monitoring clothing consumption and related expenses
  • Controlling uniform and workwear distribution
  • Maintaining distribution records and inventory coordination
  • Supporting cost efficiency and supply management