./spazio_nav.gif586_on.gif ./spazio_nav.gif spazio_nav.gif1593.gifspazio_nav.gif spazio_nav.gif594.gifspazio_nav.gif
     News            About Us       Commercial Management       Technical Management       Fleet Description       Consultancy       Crew Management       Accounting      


Lumar S.A.

8, Ave. Jules-Crosnier 8
CH-1206 Geneva
Phone +41-22-5087-087
Fax +41-22-7021-488
E-mail: [email protected]

OU Lumar S.A.
Punane 14a
, EE-13619, Tallinn, Estonia
Crewing Department:
+372 62-50-001
Q&M Department:
+372 62-73-930
Technical Department:
+372 62-73-931

E-mail: [email protected]




The consecutive positive results achieved by vessels in Lumar Group reflect both prudent financial planning and careful management.

The accounting policies are carefully prepared to reflect the circumstances of our company, consistently applied and adequately disclosed.


Up-to-date software applications allow the financial reporting system to be tailored to a client's needs. This is especially important where a client's corporate status or local legal requirements require a customized format of reporting. The following reports are standard.

A monthly operation report covers all aspects of the vessel's management. It includes vessels' movements, chartering information, off-hires (if any) and all significant events of the month.

Running cost schedule, in comparison to the budget, allows comparison of the cumulative operating costs of the vessel with the agreed budget. Variances with the budget are explained

A monthly cash position statement is prepared and cash-flow forecast analysis is attached to this.

A Profit and Loss Statement is supplied as well as a balance sheet depending on the part of the operation of the vessel(s)

Yearly financial statements are also produced. We normally arrange to have these statements audited by Internationally recognized professional accountants.


In the current maritime environment, nothing can be left to chance when it comes to on board safety and environmental protection. Every ship under Lumar's management is independently audited each year to check and report on equipment, safety and operational procedure.

This procedure is overlaid by programme of continuous internal audit to ensure that the Lumar commitment to Quality is a reality, not just a perception

  Core Services:
 Technical Management
Crew Management
Commercial Management (including Chartering, S & P)
  Supplementary service: