To a large saute pan, with a lid, over medium-high heat, add the water and shrimp and cover until cooked, about 5 to 10 minutes. Remove the shrimp with tongs to a medium bowl and let cool. Add the seafood seasoning and toss well to coat the shrimp.
In a small mixing bowl, add the lemon juice, mayonnaise, ketchup and seafood seasoning. Whisk until incorporated. Divide the cocktail sauce evenly among 6 ramekins.
Put each ramekin in a slightly larger bowl and divide the shrimp evenly to the inside of the bowls before serving.
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