About the firm

The partner you call before you commit to the Maldives.

Admiralty Pvt Ltd is a maritime-led solutions integrator and project delivery firm based in Malé. It exists to give international investors a single accountable local counterparty: one firm that can assess the opportunity, acquire the asset, assemble the supply chain, deliver the build, and look after your people while it happens.

Fig. 3 — The passage planned before the passage made: every engagement plotted, measured & put in writing.

Leadership

Mohamed Ash-har Abdul Rasheed

Principal Consultant

Admiralty is led by a maritime consultant and small-craft construction specialist whose combination of UK postgraduate credentials and more than a decade of hands-on delivery makes him among the most formally qualified practitioners in the Maldivian market. His technical base is unusually broad for this region: marine engineering, naval architecture, vessel construction and operations management held within one practice, alongside the commercial training to speak the language of boards and lenders. He acts for corporate owners, operators, lenders and legal counsel across the Maldivian fleet, and serves on the board of a major telecommunications company.

His record runs from the drawing board to the water. He has taken a large liveaboard vessel from concept to launch as an end-to-end newbuild programme, directing procurement, technical oversight, mechanical drafting and project management, while concurrently running maintenance planning and operations for an entire liveaboard fleet. He has advised independently on composite vessel acquisitions, boatyard development and costing, and yacht design, and has delivered multi-million-dollar asset intelligence and risk assessment programmes across the hospitality and construction sectors under tight time and access constraints. He works natively in AutoCAD, Rhino, Inventor, Fusion 360 and Maxsurf, giving the firm an in-house design review, structural drafting and design planning capability that few in this market can match.

He leads an engineering and delivery team of marine engineers, civil engineers, expert surveyors and project specialists, sized to run several concurrent instructions across the atolls. Beyond the in-house team sits the wider network: legal counsel, insurance advisers, architects, engineers, financiers, contractors, suppliers, yards, logistics operators and institutions across the Maldives, engaged and managed as each project requires. It is this reach that makes the integrator role possible.

CredentialsMSc Marine Operations Management · MBA (Merit) · Diploma in Marine Engineering (UK) · Certificate in Naval Architecture
In progressAdvanced Diploma in Naval Architecture & Yacht Design
AppointmentsBoard member of a major telecommunications company

The team

The bench behind the principal.

A compact core of engineering and administration, extended by retained consultants in finance and marine operations and by the firm’s wider network of experts as each engagement requires.

Infrastructure developmentSecond to the principal

Mohamed Amdhan Shiyam

Core member of the firm and the principal’s second. Infrastructure development specialist and civil engineer with more than a decade on Maldivian housing and infrastructure projects: site supervision, structural design review, contractor coordination, cost control and compliance reporting from groundworks to handover. Holds a BEng in Civil and Construction Engineering and a building inspector’s licence, with continuing professional development in Eurocode structural design through the UK Institution of Civil Engineers and Institution of Structural Engineers.

People & administrationChief Human Resources Officer

Khaira Hassan

Human resources and administration professional with over eleven years across the Maldivian corporate and hospitality sectors. As Chief Human Resources Officer she directs recruitment, employee relations, compensation and organisational policy in full compliance with the Employment Act of the Maldives, and prepares the contracts, official correspondence and regulatory documentation an engagement depends on. Her specialism in expatriate work permit and quota administration is precisely the machinery an international project team needs working before it lands. Fluent in Dhivehi and English with working Arabic, she brings a trained graphic designer’s precision to the firm’s documents, and the discretion this work demands.

Consultants

Retained specialists who extend the core, engaged on engagements that call for their depth.

FinanceConsultant

Ajfan Ahmed Musthafa

Finance and accounting professional with nearly a decade across the hospitality, tourism, marine charter and retail sectors, holding a master’s degree. His practice covers financial reporting, cash flow management, payroll, statutory compliance and period-end close, together with fixed asset registers, capital expenditure monitoring and audit coordination. Within Admiralty that experience is directed at infrastructure development in the Maldivian context: keeping the cost picture of a build accurate, reconciled and reportable to the standard a head office and its auditors expect.

Marine operationsMaster Mariner

Capt. Khaleel Ahmed Irshad

Master Mariner with nearly five decades at sea, from cadet on ocean-going cargo ships in the 1970s to command of anchor-handling tugs, platform supply vessels and dynamically positioned tonnage across the Gulf. A licensed senior DP officer with more than 11,000 hours on DP operations and an approved rig mover for one of the world’s largest energy producers, he has also served ashore as a port captain directing marine operations for a major offshore fleet. Within Admiralty he advises on vessel operations, towage, offshore work and marine logistics, the judgement of a lifetime in command, available to the firm’s clients.

The market

Why a local counterparty matters here.

The Maldives runs on the sea. Nearly everything a resort, port or reclamation project needs moves by vessel between dispersed atolls, and the contractor base is small enough that capability, availability and price vary sharply from one island to the next.

For a foreign principal, that environment produces a specific set of risks: work priced without local cost knowledge, schedules built without local logistics knowledge, and compliance handled without local regulatory knowledge. Admiralty’s role is to close those gaps before they become delays, overruns or disputes, to put its advice in writing so it can be relied on, and to make working here feel straightforward for a team that has never done it before.

How we work

Standards, stated plainly.

Written scope, named lead

Every engagement begins with a written scope and a named responsible consultant. Reporting format and frequency are agreed before work starts.

Independence in advisory work

Advisory and due-diligence instructions are kept independent of the firm’s repair and supply activity. Potential conflicts are disclosed up front.

Safety in execution

Lifting, hot work and confined-space activity under Admiralty supervision runs to written method statements and controlled lifting plans, and the same is required of subcontractors.

Confidentiality by default

Client and vessel identities are not published. NDAs are standard, and references are shared only with the referee’s consent.

From the field

Working moments from recent engagements. Vessels and clients remain unnamed.

Motor yacht in the slings of a heavy travel lift during haul-out

Supply vessel on a slipway with the lagoon behind

Bronze propeller and freshly coated hull on the slip

Hopper dredger working on the horizon beyond the reef

Reef channel where shallows meet deep water

Talk to the principal directly.

Contact Admiralty Track record