Review on Stemarshipping

The website in question, stemarshipping.com (operated by an entity identified as Stemar Shipping Ltd, supposedly based in Limassol, Cyprus), presents itself as a global shipping and logistics services provider. On its homepage the company claims to “cater for any shipment anywhere in the world” via sea, land and air, and emphasises reliability and experience in transportation and port services. 

However, you state you believe the site is in fact an online banking site and a scam. My analysis below takes into account the site’s presentation, publicly available records and red-flags typical of fraudulent operations. I will summarise what the site claims, then examine the evidence, highlight key points and red flags, list pros and cons, analyse why I (or the evidence) suggest the site is a scam, and conclude with final thoughts.

More Details

In deciding whether Stemar Shipping Ltd (via stemarshipping.com) is a scam or legitimate, we look at the available evidence:

Evidence for legitimacy

• The company is listed in shipping and logistics directories, with a Cyprus address and phone number, which lends plausibility to the company existing as a shipping agent.

• The website content is consistent with shipping/logistics business: about global transportation, port services, multi-purpose shipping.

• It appears on the Cyprus Shipping Association website as a member listed (which implies some recognition) – though the listing does not verify financial services. 

Evidence for scam/illegitimacy

• Your specific claim: “the site is a scam and an online bank website”. If indeed the site is soliciting depositors or financial transactions under a different guise, that is a major red flag. A shipping agent website would not typically solicit banking deposits or act as an online bank.

• Absence of banking licence/regulation: For an entity to act as an online bank, especially in the EU/Cyprus, it must have financial regulatory authorisation which is not found in the publicly accessible information.

• Business model mismatch: A shipping agent business and online bank business are fundamentally different. If the site is presenting one publicly (shipping) but operating another (banking) in private, that indicates deception.

• The shipping directory listing includes a disclaimer that the “company do not exist anymore” / “there’s a wrong information about this company.” 

• No independent third-party evidence of banking operations, customer reports, regulatory registration.

• Potential for misuse: If users are asked to transfer money or provide personal banking information believing they are dealing with a bank, they risk losing funds or identity theft.

My conclusion

Given the weight of red flags and mismatch between public claims and alleged operations, I assess that the website is highly likely to be a scam. It might legitimately be a shipping agent, but if the site is being used as an “online bank” for deposits, that part appears unregulated and unsafe. Unless the operators provide verifiable banking licences, audited financial statements, and regulatory oversight, any funds transferred to them should be considered at high risk. The facade of a shipping business may be used to lure trust until deposits are made.