Sea Power Shipping Enterprises, Inc. (SPSEI) was organized in December 1987. It started its operation after being licensed by the Philippine Overseas Employment Administration (POEA) on February 1988, holding office at the 4th Floor of J & T Bldg, corner Santol Road, Magsaysay Boulevard, Sta. Mesa, Manila. The office was headed by the President and Chairman of the Board, Capt. Eleftherios Polemis, a Greek National. The Company's main line of business is Ship-Manning Services.
Being seasoned seafaring officers, Captain Polemis and the Company's Owner's Representatives, namely Capt. Ioannis Tiverios and Captain Demetrios Kontos had observed and studied the training, capabilities, temperament and characteristics of men appropriate for each grade needed in ocean-going vessels. This knowledge had been applied in their selection and recruitment of the required compliment of officers and crew for their patron. The rigid standards of personnel hiring and their satisfactory performance had satisfied their principals, which wittingly or unwittingly must have disseminated among fellow Ship Owners, the discipline and efficiency of men supplied by the agency.
It is no wonder that their clientele, having abruptly increased from 20 vessels in 1989 to 70 vessels in 1991, upgrading further the already rigid standards and dealing squarely with their principal's patronage of the company, ballooned up to 187 vessels in March 2000. Due to this demand to supply these vessels with competent and efficient crew, the company had no alternative but to relocate to a bigger and more spacious site in order to accommodate the many applicants who trek to the office daily. Hence, Sea Power Shipping moved to a location occupying formerly 560 sq.m. to a total of 836.60 sq.m. comprising of the ground floor, 2nd floor, 3rd floor and Unit 3896 of J & T Bldg.
The Corporation was formerly spearheaded by Ms. Estefany A. Dela Fuente who had replaced Capt. Polemis as President in June 6, 1992. She resigned on January 2, 2002 and Ms. Liberty N. Capuz, the former Finance Manager replaced her. Eventually on the second quarter of 2007, SPSEI Board of Directors elected new officers namely: Ms. Antoniette Isabel A. Guerrero, the new President/Chairman of the Board and Ms. Joselyn C. Guiritan, the new Vice-President/QMR. Hopefully, with the cooperation of all the officers and staff, the company will continue or even surpass its phenomenal growth in the past.
On August 25, 2010, just months before the company's official mark of 23rd year in the business, SPSEI's steady growth was highlighted again with the inauguration of the new office of 1,300 sq.m. at the 2nd and 4th floors, Sun Plaza Bldg., corner Princeton St. Shaw Boulevard, Mandaluyong City.