Navi Mumbai · India · Serving Global Ship Managers

Tech-Enabled Crew Payroll &
Vessel Accounting
for Ship Managers

Dravya International eliminates the payroll obligation from ship masters — delivering policy-compliant portage bills, statutory filings, and accounting data with zero manual errors through proprietary technology.

50+
Vessels Managed
20+
Years Client Experience
0
Payroll Errors
$0
Setup Cost
Company Overview

Specialized Maritime Financial Services

Dravya International is a specialized financial services firm based in Navi Mumbai, offering fully managed, technology-driven payroll and accounting solutions exclusively for the maritime industry.

50+
Vessels Managed
20+
Years Client Experience
100%
Maritime-Exclusive
$0
Setup Fee
Core Competencies

Built Exclusively for the Maritime Industry

Every tool, every process, every team member is oriented around one sector: Ship Management Accounting, Billing and Payroll.

Vessel Accounting & Crew Payroll Automation

End-to-end payroll processing with in-house software ensuring accuracy and policy compliance every cycle.

Forex Management

Optimized Forex Handling with banks and Multi Currency Management.

Statutory & Internal Audit Readiness

PF, Social Security, and regulatory filings prepared and maintained systematically — always audit-ready.

Financial Controls & SOP Development

Robust internal controls and procedures tailored for ship management firms operating across jurisdictions.

The Problem

Why Traditional Payroll Fails the Maritime Industry

Manual payroll processes create cascading costs that ship management companies routinely underestimate.

Cost: $250–$300/vessel/month

5–10 Hours Wasted Monthly

Ship masters spend half their admin time on Excel-based portage bill preparation — time better spent running the vessel and managing crew.

Cost: Up to $1,600/month

Costly Manual Errors

A single payroll error cascades across future cycles. Manual mistakes compound quickly, creating disputes, corrections, and overpayments.

Risk: Audit Exposure

Policy Non-Compliance

Variable earnings and deductions go unmonitored, creating audit risk and regulatory exposure. PF, Social Security, and ITF requirements are complex to track manually.

Cost: $3,000–$3,600/year/vessel

Hidden Operational Cost

Masters' time diverted to payroll is a non-core drain. At $250–$300/vessel/month, a fleet of 10 vessels wastes $36,000 annually on avoidable admin.

Our Solution

Seamless 3-Step Payroll Execution

We have refined and streamlined the payroll handoff to such an extent that it operates with seamless precision—leaving ship managers with virtually no operational burden, as we meticulously undertake and manage the entire process end-to-end.

1
Client Responsibility

Submit Appointment Letters

Simply provide the appointment letter for each crew member. That's all we need to set up your complete payroll structure — once.

2
Master Responsibility

Input Just the Variables

The ship master submits only three data points: variable earnings, deductions, and extra working hours. Nothing more — ever.

3
Dravya Responsibility

End-to-End Execution

Our in-house software generates a policy-compliant Portage Bill, statutory filings, allotment data, and GL journal entries — verified and ready to upload. Same day.

Vessel Accounting
Vessel Payroll
Forex Management
Statutory Compliance
Internal Audit
Multi Currency - Allotment Handling
Payroll Accounting Entries
Financial Controls
SOP Development
What You Gain

Measurable Value, Every Month

Concrete, quantifiable outcomes from day one — not promises.

5–10 hrs

Saved Per Vessel Monthly

Shore-based processing frees your master entirely from admin, recovering USD 250–300 per vessel monthly in opportunity cost.

Zero

Error Carry-Forward

Multi-layer verification catches and eliminates errors before they cascade into future payroll runs. Verified accuracy, every cycle.

100%

Policy Compliant

Strict adherence to variable pay rules, PF, Social Security, and ITF requirements — documented and audit-ready at all times.

Timely

Accounting Data Delivery

Journal entries with GL codes and allotment files shared with your accounts team the same day payroll runs. No reconciliation delays.

$300+

Recovered Per Vessel/Month

A fleet of 10 vessels recovers $3,000+ monthly by eliminating the hidden cost of masters handling payroll instead of operations.

In-House

Proprietary Software

Built exclusively for maritime payroll — not adapted from generic tools. Our software understands portage bills, ITF, and multi-currency allotments natively.

Why Dravya

The Maritime Payroll Specialists — Nothing Else

We do one thing. We do it better than anyone. That focus creates outcomes generic payroll firms cannot match.

Maritime-Exclusive Focus

Every client, every process, every software module is designed for ship management companies — not adapted from land-based payroll.

Proprietary Technology

Our in-house software automates portage bill generation, allotment calculations, and journal entry production — tools you won't find off the shelf.

Fully Managed Service

We don't provide software for you to operate. We run the entire payroll process so your team stays focused on fleet operations.

Globally Trusted Operations

Already trusted by ship management companies operating 25+ vessels across the globe. Proven compliance, proven accuracy.

Take the First Step

Let's Build Your Strategy Together

Partner with Dravya International to streamline your vessel payroll operations with proven expertise and proprietary technology.

Get in Touch

Let's Build Your Strategy Together

Tell us about your fleet. We'll show you exactly how much you can save — no obligation.

Tell Us About Your Fleet

Our Offices

Dravya International

701, T9, Sea Breeze Towers, Sec-16, Nerul, Navi Mumbai, Maharashtra, India

Serving ship management companies across the globe

🎯 Free Consultation Includes:

• Review of your current payroll workflow
• Custom savings estimate for your fleet size
• Live demo of our proprietary software
• No obligation, no setup cost