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Total Ship Management

Business

Total Ship Management

Scope of Ship Management Services

We provide customized solutions to meet the diverse needs of our customers through comprehensive services across the entire value chain of the vessel. Depending on the owner's needs, we offer basic Ship Management (SM) services, as well as Total Ship Management (TSM) services, which include commercial management excluding ownership.

Total Service Provider (Crew + Vessel + Insurance + Commercial)

TYPICAL SM

OPTION 01

Crew Management

OPTION 02

Crew Management
Technical Ship Management

OPTIONAL SM

OPTION 03

Crew Management
Technical Ship Management
Insurance Management

OPTION 04

Crew Management
Technical Ship Management
Insurance Management
Risk Sharing (OFF-HIRE)

OPTION 05

Crew Management
Technical Ship Management
Insurance Management
Risk Sharing (OFF-HIRE)
Owner's Representation Commercial Management

Business Scope

STX Ocean Service covers the entire process from ship construction to dismantling, offering integrated services across the entire shipping value chain.

  • 01

    Crew Management

    Crew recruitment, personnel management, placement, and training

    Crew Management
  • 02

    Technical Ship Management

    Hull and equipment maintenance, classification maintenance, and inspections, Procurement of ships and accessories

    Technical Ship Management
  • 03

    Safety / Quality / Environment

    Maritime certification and regulatory compliance

    Safety / Quality / Environment
  • 04

    Insurance Management

    Hull and P&I insurance, claim handling

    Insurance Management
  • 05

    Commercial Management

    Ship sales and purchases, chartering, commercial operations, and shipowner representation

    Commercial Management
  • 06

    Newbuilding Supervision / Consulting

    Ship specification review, shipyard evaluation, and construction supervision

    Newbuilding Supervision / Consulting

Ship/Crew Management Status

Fleet Management Status

We provide customized services tailored to the needs of various ship types and clients, including government agencies, financial institutions, logistics companies, and shipping companies.

31Ship

(As of Q1 2025)

Bulker

11 ship

Handy

5 ship

Panamax

5 ship

Cape

1 ship

Tanker

8 ship

Oil/Chemical

7 ship

LPG

1 ship

Container

2 ship

Container

2 ship

Specialized Vessel

10 ship

Icebreaking Research Vessel

1 ship

Multi-purpose Pollution Control Vessel

1 ship

Heavy Lift Vessel

7 ship

CTV

1 ship

Crew Management Services

We have over 900 crew members with experience across various ship types. With a reemployment rate of 82.87% for our entire fleet, we maintain a high standard, exceeding the industry average of 70%.

890 Crews

(As of Q4 2024)

Indonesian

370 people

Korean

270 people

Filpino

170 people

Myanmarese

80 people

Re-employment Rate Status of Former Senior Officers (Unit: %)

100 80 60 40 20 0
86
89
87

Korea

78
88
85

Philippines

60
86
79

Indonesia

64
78
75

Myanmar

Senior
Junior
Total

Special Vessel Management

Responsible for the safe and efficient operation of special vessels that support various marine operations. These vessels serve diverse purposes, including marine environmental protection, ocean research, offshore wind power operations, and cable laying projects.

  • ARAON
    ARAON

    Ice Breaker Research Ship

    Korea Polar Research Institute, Korea's First Polar Research Vessel (Ongoing management since 2009)

  • CS_Creator
    CS Creator

    Cable Layer Vessel

    Ocean Earth, Cable Laying Vessel

  • ENDAM
    ENDAM

    Pollution and surface clearance Ship

    Korea Marine Environment Management Corporation, Owner of Multi-Purpose Oil Spill Response Vessel

  • GL2030
    GL2030

    Offshore Cable Laying Vessel

    LS Cable & System, Cable Laying Barge

  • Hyundai_Frontier
    Hyundai Frontier

    Wind Turbine Installation Vessel

    Hyundai Steel Industries, Korea's First Offshore Wind Installation Vessel

  • KWP_Dolphin
    KWP Dolphin

    Crew Transfer Vessel

    Daeryuk, Offshore Wind Construction and Maintenance Support Vessel

DP (Dynamic Positioning) Resource Status

DP Level CAPT. C/O 2/O
DP BASIC 9 6 8
DP ADVANCE 6 3 -
DP OPERATOR 6 3 -

Vessel Chartering Business

We secure second-hand and newly built vessels in a timely manner and establish long-term charter contracts or COAs (Contracts of Affreightment) with global top-tier shipping companies to ensure stable operational revenue. Additional profits are generated through the timely sale of vessels in response to market conditions. Leveraging financial procurement and collaboration with global shipping companies, we develop and execute new projects. Furthermore, through a specialized department, we enhance business stability and profitability by providing high-quality commercial management, including vessel chartering, operations, and marine insurance.

Business Structure, BBC

Shipowner/Ship Fund
Shipowner/ Ship Fund

BBC Contract

BBC Contract

TC/CVC Contract

TC Charter Hire / Freight

Shipping Company/Shipper
Shipping Company / Shipper

Business Structure, Financing, and Investing

Ship Financing
Ship Financing

Ship Mortgage Loan

Principal and Interest Repayment

TC/CVC Contract

TC Charter Hire / Freight

Shipping Company/Shipper
Shipping Company / Shipper

Ship Financing: Financing covers approximately 70-80% of the vessel's price.

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Safety, Health, Environment, and Quality System

STX Ocean Services operates a SHEQ System to provide services that meet the standards of Safety, Health, Environment, and Quality. The goal is to consistently deliver safer, more economical, and environmentally-friendly services to meet customer needs and expectations. Through continuous quality innovation and environmental protection efforts, we achieve sustainable growth and customer satisfaction.

SHEQ System

Safety

Health

Quality

Environment

  • Safety

    Safety

    We prioritize the safety of our workers, minimizing accidents and potential hazards.

  • Health

    Health

    We protect the health of our employees and create a healthy work environment.

  • Environment

    Environment

    Through sustainable environmental management, we practice nature conservation and resource saving.

  • Quality

    Quality

    By providing high-quality products and services, we meet customer expectations.

Safety and Quality System Certification Status

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Safety/ Environmental Policy

STX Ocean Services prioritizes safety and the environment, striving to realize a sustainable maritime industry. We pursue responsible growth based on strict safety standards and environmentally-friendly management.

Safety/Environmental Policy Statement

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POMARIS

STX Ship Management IT Platform(POMARIS)

Through an integrated system that connects land and sea, we efficiently manage vessels and operate a unique web-based comprehensive information system. Additionally, we enable immediate service delivery and rapid feedback through integrated connections between ships, the company, customers, and vendors. By operating a shipowner portal site, we further enhance customer satisfaction.

pomaris

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