About Us

Company Overview

Established in 1983, Burmester & Vogel operates as a maritime technology provider focused on laytime and demurrage management. We serve clients across the Dry Bulk and Oil & Gas sectors, operating in 50+ countries with hundreds of active clients.

Our Mission

We aim to transform demurrage from a manual, unpredictable process into a streamlined, digitally-enabled system. Our goal is enabling accurate planning and rapid settlement of demurrage costs.

History

1983

Founding

Burmester & Vogel was established, beginning our journey in maritime technology.

1984

Panama Canal Traffic Peaks

Record transits at the Panama Canal underscore a golden era of growth and opportunities in global shipping logistics.

1980s-90s

Liquid to Dry Bulk

Expanded from liquid cargo to serve the dry bulk shipping market.

2008

Global Market Evolution

Shifting economic landscapes inspire innovation and efficiency improvements across the maritime sector, opening new opportunities for agile companies.

2019

The Acquisition

Evangelos Efstathiou acquired the company, bringing new vision and leadership.

2020

Pandemic Drives Digital Transformation

The COVID-19 pandemic accelerates industry-wide digitization and remote operations, spurring new methods for resilient supply chain management.

2023

BV Portal Launch

Launched our cloud-based portal, modernizing access to demurrage management amid ongoing industry digitalization.

2024

AI Boom

The rapid adoption of AI in the maritime sector accelerates digital transformation, unlocking new efficiencies and decision-making capabilities across global shipping.

2025-26

Automate Laytime

Groundbreaking progress in laytime automation, transforming the industry.

Our Core Values

Precision

We care deeply about getting things right. From calculations to customer service, we take the time to ensure accuracy so our clients can rely on every result, every time.

Curiosity

We're always asking questions and looking for fresh ways to tackle problems, big or small. We believe great ideas come from staying curious and never settling for “good enough.”

Partnership

The best solutions come from teamwork. We listen, learn, and evolve with our clients, treating every relationship as a collaborative journey rather than just a transaction.

Integrity

Trust isn't built overnight. For over forty years, we've chosen to do the right thing—even when no one's watching—because honesty and transparency are at the heart of how we work.

Efficiency

Time is precious. We look for ways to simplify the complex and help our clients work smarter, not harder, cutting out hassle so they can focus on what truly matters.

Resilience

In shipping and in life, things don't always go as planned. We embrace challenges, adapt quickly, and bounce back stronger, always pushing forward no matter the waters ahead.

Interested in joining BV?