Signal Maritime

Delivering leading spot market earnings through our cutting-edge pooling platform backed by extensive expertise in fleet commercial management. Our data-driven approach, coupled with years of experience, propels our success in the dynamic maritime industry

About us

At Signal Maritime, we stand at the intersection of tradition and innovation, offering state-of-the-art ship management services grounded in a rich maritime heritage.

Born as a spin-off from Thenamaris Ship Management, a beacon of industry standards for nearly 50 years, Signal Maritime takes pride in weaving together the best of maritime practices with the sophistication of internet-age advanced analytics and management methods.

Our mission

Our mission is simple: we aim to provide top-tier commercial vessel management services that are efficient, forward-thinking, and sustainable. 

Strategic collaborations & technological innovation
At the core of Signal Maritime's success are:
  • Strategic Charterer Relationships: We maintain critical partnerships with leading charterers, enhancing our service offerings through precise operational execution

  • Established Trust: Our history of reliable performance forms the basis of enduring trust with partners, setting us apart in the maritime industry

  • Proprietary Algorithms: Our cutting-edge technology signifies our leadership in maritime innovation

Global presence and market insight
Our global operations are characterised by:
  • Strategic Global Hubs: Our expansive network of shipping hubs ensures we are a significant presence in key maritime markets worldwide

  • Seasoned Leadership: Directed by a team of maritime experts, our operations benefit from unparalleled industry experience & insight

  • Comprehensive Fleet Management: With over 100 distinct vessels managed, we have proven our robust infrastructure’s ability to deliver superior results

Introducing Signal's Pools

Signal Maritime is pioneering the future of flexible and transparent ship pooling. Designed to optimise the performance and profitability, our Pools leverage advanced algorithms and market insights to ensure the best possible outcomes for ship owners

Our partners get an exclusive seat with our team in Athens

You are invited to join our commercial desk in Athens and gain an insider's perspective on Signal pools operations. Engage first-hand with our chartering team, explore our fleet deployment strategy and deepen your understanding on pool mechanics

Industry leading TCE performance

Aframax Performance vs. peers, Net TCE Year 2022
Signal Maritime Aframax Pool Performance
Period
Gross TCE $k/day
TCE Net of all Pool Fees $k/day
% Fixed
2019
25.2
24.4
100%
2020
25.8
25.0
100%
2021
11.8
11.2
100%
2022
39.1
38.0
100%
2023
52.4
51.1
100%
Jun 2024
41.6
40.6
6%
May 2024
49.6
48.3
82%
Apr 2024
42.6
41.5
100%
Mar 2024
32.1
31.1
100%
Feb 2024
40.2
39.1
100%
Jan 2024
50.5
49.3
100%
2024
42.8
41.6
40%
Dec 2023
50.4
49.2
100%
Nov 2023
65.4
63.9
100%
Oct 2023
34.9
33.9
100%
Sep 2023
25.3
24.5
100%
Aug 2023
33.6
32.6
100%
Jul 2023
41.1
40.0
100%
Jun 2023
53.1
51.9
100%
May 2023
61.0
59.7
100%
Apr 2023
59.9
58.5
100%
Mar 2023
81.6
79.9
100%
Feb 2023
59.0
57.6
100%
Jan 2023
67.1
65.6
100%
2023
52.7
51.4
100%
Dec 2022
82.0
80.3
100%
Nov 2022
72.6
71.0
100%
Oct 2022
41.9
40.8
100%
Sep 2022
37.9
36.8
100%
Aug 2022
44.2
43.0
100%
Jul 2022
34.6
33.6
100%
Jun 2022
31.5
30.4
100%
May 2022
31.3
30.3
100%
Apr 2022
32.2
31.2
100%
Mar 2022
32.9
31.9
100%
Feb 2022
14.3
13.6
100%
Jan 2022
12.5
11.8
100%
2022
39.1
38.0
100%
Dec 2021
17.7
16.9
100%
Nov 2021
21.1
20.3
100%
Oct 2021
10.4
9.8
100%
Sep 2021
9.2
8.6
100%
Aug 2021
9.6
8.9
100%
Jul 2021
8.9
8.3
100%
Jun 2021
11.2
10.5
100%
May 2021
9.6
9.0
100%
Apr 2021
12.3
11.6
100%
Mar 2021
12.5
11.8
100%
Feb 2021
9.8
9.2
100%
Jan 2021
9.7
9.1
100%
2021
11.8
11.2
100%
Dec 2020
9.5
8.9
100%
Nov 2020
9.4
8.8
100%
Oct 2020
8.5
7.9
100%
Sep 2020
11.2
10.6
100%
Aug 2020
13.5
12.9
100%
Jul 2020
17.7
17.0
100%
Jun 2020
30.1
29.3
100%
May 2020
41.7
40.7
100%
Apr 2020
34.8
33.9
100%
Mar 2020
28.7
27.8
100%
Feb 2020
42.7
41.6
100%
Jan 2020
62.8
61.4
100%
2020
25.8
25.0
100%
Dec 2019
38.7
37.7
100%
Nov 2019
37.3
36.3
100%
Oct 2019
31.7
30.8
100%
Sep 2019
18.7
17.9
100%
Aug 2019
17.3
16.6
100%
Jul 2019
19.1
18.4
100%
Jun 2019
20.8
20.0
100%
May 2019
21.8
21.0
100%
Apr 2019
17.5
16.8
100%
Mar 2019
18.2
17.5
100%
Feb 2019
27.0
26.1
100%
Jan 2019
35.0
34.1
100%
2019
25.3
24.4
100%
Dec 2018
33.0
32.1
100%
Nov 2018
32.0
31.1
100%
Oct 2018
20.5
19.7
100%
Sep 2018
16.7
16.0
100%
Aug 2018
13.0
12.3
100%
Jul 2018
9.3
8.6
100%
2018
20.7
19.9
100%
MR Performance vs. peers, Net TCE Year 2022
Aframax Performance vs. peers, full year 2022, Net TCE
Signal Maritime MR Pool Performance
Period
Gross TCE $k/day
TCE Net of all Pool Fees $k/day
% Fixed
2019
25.2
24.4
100%
2020
25.8
25.0
100%
2021
11.8
11.2
100%
2022
39.1
38.0
100%
2023
52.4
51.1
100%
Jun 2024
58.4
56.9
6%
May 2024
34.2
33.2
67%
Apr 2024
38.3
37.1
100%
Mar 2024
36.9
35.8
100%
Feb 2024
33.7
32.6
100%
Jan 2024
21.6
20.7
100%
2024
33.1
32.1
39%
Dec 2023
19.0
18.3
100%
Nov 2023
32.0
31.0
100%
Oct 2023
35.7
34.6
100%
Sep 2023
30.5
29.5
100%
Aug 2023
31.3
30.3
100%
Jul 2023
22.2
21.3
100%
Jun 2023
24.6
23.7
100%
May 2023
29.7
28.7
100%
Apr 2023
33.8
32.8
100%
Mar 2023
31.0
30.0
100%
Feb 2023
30.3
29.3
100%
Jan 2023
33.0
31.9
100%
2023
29.4
28.4
100%
Dec 2022
39.7
38.5
100%
Nov 2022
36.6
35.5
100%
Oct 2022
39.0
37.9
100%
Sep 2022
35.7
34.6
100%
Aug 2022
42.8
41.6
100%
Jul 2022
43.3
42.0
100%
Jun 2022
38.5
37.3
100%
May 2022
30.1
29.1
100%
Apr 2022
28.4
27.3
100%
Mar 2022
17.3
16.5
100%
Feb 2022
12.7
12.0
100%
Jan 2022
11.6
11.0
100%
2022
31.4
30.4
100%
Dec 2021
11.5
10.9
100%
Nov 2021
11.3
10.7
100%
Oct 2021
8.3
7.7
100%
Sep 2021
8.4
7.8
100%
Aug 2021
9.5
8.9
100%
Jul 2021
6.2
5.6
100%
Jun 2021
3.4
2.8
100%
May 2021
6.4
5.8
100%
Apr 2021
6.0
5.4
100%
2021
7.9
7.3
100%
Signal Maritime Aframax Pool Performance

Fair earnings distribution

Our technology enables us to accurately rate the vessels based on their characteristics and energy consumption profiles
Geographical & technical rating

All elements, including premiums for access to key restricted ports and technical specs, are accurately calculated and depicted in vessels' rating

Pool revenues are allocated on rating premium

Energy performance adjustment

By evaluating vessel consumption performance and comparing it to a benchmark vessel, we ensure that vessels with superior operational efficiency are rewarded accordingly

Pool revenues are adjusted based on energy peformance and benchmark voyage expenses

Flexible entry & exit

Each geographical position has acertain earnings potential, which takes into account the potential profits from all voyages a vessel in that position can embark on

Operational and environmental excellence

CII and EUA compliance

Our pools guarantee the minimum CII rating and provide end-to-end management of EUA requirements, ensuring full regulatory compliance

Energy performance

We monitor consumption performance in real-time, enabling us to optimise voyage operations, proactively maintain hull conditions, and achieve optimal port arrivals while ensuring cost-effectiveness

Commitment to ESG

As signatory of the Sea Cargo Charter since its first report in 2022, we maintain consistent alignment with emissions trajectory, demonstrating our unwavering commitment to environmental, social, and governance (ESG) standards

Post fixture management

With real-time monitoring of collections and outstanding payments, we ensure efficient risk management, high collection rates, and minimal delays. Our proactive approach to risk exposure sets the standard for industry best practices

KYC compliance

Our robust KYC process, conducted in collaboration with established third-party vendors and our in-house legal team, incorporates employee screening services and sanctions compliance to ensure thorough due diligence and regulatory adherence

Timely payments

We prioritise our pool partners' cash flow by ensuring timely payments. With robust credit lines in place, we offer swift settlements, ensuring 100% settlement of each month's distributions always within 30 days after the end of each month, while minimising capital costs

Our fleet

Aljalaa
HKG
IMO #9343338
Class NKK
Built Jan 2008, Korea
DWT (mt)
115557
DWT (mt)
244/42
DWT (mt)
15.64
Ionic Artemis
MHL
IMO #9426441
Class NKK
Built Sep 2009, Japan
DWT (mt)
107605
DWT (mt)
244/42
DWT (mt)
14.58
Ionic Aspis
MHL
IMO #9523287
Class NKK
Built Apr 2011, Japan
DWT (mt)
107508
DWT (mt)
244/42
DWT (mt)
14.58
Jag Laxmi
IND
IMO #9568196
Class ABS
Built Jan 2012, Korea
DWT (mt)
115557
DWT (mt)
244/42
DWT (mt)
15.64
Philotimos
MHL
IMO #9793997
Class TBC
Built Jun 2018, Korea
DWT (mt)
113364
DWT (mt)
250/44
DWT (mt)
15.12
Ross Sea
SGP
IMO #9457593
Class ABS
Built Jul 2011, Japan
DWT (mt)
114542
DWT (mt)
244/42
DWT (mt)
15.71
Name
Aljalaa
Chrysanthemum
Ionic Artemis
Ionic Aspis
Jag Laxmi
Philotimos
Ross Sea
Type
Built
Flag
IMO No.
Class
DWT (mt)
LOA/BEAM (m)
Draft (m)
AFRAMAX
Nov 2007, Japan
LBR
9343338
NKK
115557
244/42
15.64
LR2
Mar 2009. Korea
BHS
9417452
LR
105188
244/42
15.02
AFRAMAX
Sep 2009, Japan
MHL
9426441
NKK
107605
244/42
14.58
AFRAMAX
Apr 2011, Japan
MHL
9523287
NKK
107508
244/42
14.58
AFRAMAX
Jan 2012, Korea
IND
9568196
ABS & IRS
105525
244/42
15.02
AFRAMAX
Jun 2018, Korea
MLT
9793997
KR
113135
250/44
15.12
AFRAMAX
Jul 2011, Japan
SGP
9457593
ABS
114542
244/42
15.71
Aljalaa
HKG
IMO #9343338
Class NKK
Built Jan 2008, Korea
DWT (mt)
115557
DWT (mt)
244/42
DWT (mt)
15.64
Ionic Artemis
MHL
IMO #9426441
Class NKK
Built Sep 2009, Japan
DWT (mt)
107605
DWT (mt)
244/42
DWT (mt)
14.58
Ionic Aspis
MHL
IMO #9523287
Class NKK
Built Apr 2011, Japan
DWT (mt)
107508
DWT (mt)
244/42
DWT (mt)
14.58
Jag Laxmi
IND
IMO #9568196
Class ABS
Built Jan 2012, Korea
DWT (mt)
115557
DWT (mt)
244/42
DWT (mt)
15.64
Philotimos
MHL
IMO #9793997
Class TBC
Built Jun 2018, Korea
DWT (mt)
113364
DWT (mt)
250/44
DWT (mt)
15.12
Ross Sea
SGP
IMO #9457593
Class ABS
Built Jul 2011, Japan
DWT (mt)
114542
DWT (mt)
244/42
DWT (mt)
15.71
Name
Alithini II
Jag Pranav
Mitera
Pacific Diamond
Pacific Onyx
Pacific Quartz
Philoxenia
Type
Built
Flag
IMO No.
Class
DWT (mt)
LOA/BEAM (m)
Draft (m)
MR2
Jan 2008, Korea
MLT
9397456
ABS
51309
183/32
12.85
MR2
Jan 2005, Korea
IND
9281932
DNV & IRS
51383
183/32
13.22
MR2
Oct 2009, Japan
MLT
9380104
NKK
47370
182/32
12.62
MR2
Oct 2010, Japan
LBR
9573660
ABS
47917
180/32
12.62
MR2
Mar 2013, Japan
LBR
9539597
LR
49996
183/32
12.91
MR2
April 2011, Japan
LBR
9573696
ABS
47941
180/32
12.62
MR2
May 2019, Korea
MHL
9857250
LR
49999
183/32
13.2

Our team

At Signal we believe in delivering the deepest level of knowledge to our customers. This starts with our team, a group of leading experts in commercial ship management. Our team is supported by a world-class mix of strategists, energy market analysts, data scientists, and developers.

P. Dimitracopoulos
CEO, Signal Maritime
Signal Maritime
Panos Dimitracopoulos
CEO, Signal Maritime
Ioannis Psarros
CCO & Deputy CEO, Signal Maritime
Konstantinos Chatzimichalis
VP Pools Data Science Engineering
Charles Bonfield
Director Projects and Pools Business Development
Noel Capellini
Director Pools Business Development
Nikolaos Strovolidis
Director Operations
Angelos Vatikalos
Director Strategic Business Development & Planning
George Kimpouropoulos
Chartering Manager
Ioannis Kakavas
Technical Product Manager
Charis Stratigis
Chartering Lead
Andreas Tsadaris
Operations Team Lead
Stavros Tsiadis
Technical Product Manager
Lefteris Vezos
Operations Team Lead
Elena Xanthi
Strategic Projects Manager
Unmatched experience
  • Opportunities to break new ground are always around the corner. Learn about our patented algorithm here

  • Enduring relationships with top-tier charterers

  • Robust analytical capabilities for precise vessel-cargo matching

Dynamic team and infrastructure
  • Multiple global shipping hubs, ensuring awidespread presence

  • Trustworthy senior team with deep industry experience for the delivery of exceptional performance

  • Tested and proven pool infrastructure, managing over 100 vessels

See all partners

Get in touch

Signal Maritime Services Connecticut

Stark Office Suites,
243 Tresser Boulevard,
Stamford, CT 06901, USA

(+44) 203 962 5745

Signal Maritime Services UK Ltd.  

128 City Road, London, EC1V 2NX

(+44) 203 962 5745

Signal Maritime Services Dubai

JLT Cluster X,
Bay X2 Tower, Office 1604-14, 16th Floor,
Dubai UAE

(+44) 203 962 5745