V.Ships MSI, CSCL form new Shipmanagement Company

Tuesday, February 28, 2006
V.Ships (Asia) MSI Pte Ltd and China Shipping Container Lines announced the formation of a new ship management company, set up to manage four 9600 TEUS container ships.

The joint venture company, China International Ship Management Co. Ltd (CISM), will be based in Shanghai and will be fully operational on 1st June 2006.

The formation of CISM follows China Shipping Group’s newbuilding order for four 9600 TEU container ships at Samsung, Korea – vessels that will become the largest container ship in the world, both in size and engine capacity. V.Ships MSI’s Doug Robinson has been in long discussions with China Shipping Group regarding the formation of a special purpose company for the management of the vessels, recognising the need for specialist management skills and a dedicated team to be based in China.

The first vessel is due for delivery in June 2006, and will be crewed by British senior officers with crew sourced from the Peoples Republic of China (PRC).

Douglas Robinson, Chief Operating Officer of V.Ships (Asia) MSI Holdings Pte Ltd, said : “We are delighted to have won the management of these prestigious vessels. Both management teams at V.Ships MSI and CSCL have worked hard in negotiations to tailor a dedicated management service for these specialised vessels, and we look forward to a fruitful and productive cooperation.”

V.Ships (Asia) MSI Pte Ltd, the Singapore-based marine services joint venture between V.Ships and the IMC Group, was formed in January 2005, and provides a comprehensive range of marine services to clients, including engineering and naval architect services, spare parts procurement, travel, insurance, and ship agency. The joint venture provides full technical management services to a fleet of over 70 vessels, and employs a team of 135 shore-staff.

Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Duke Energy to Help Develop Jeffersonville Port Site

Duke Energy Indiana has selected a 140-acre parcel of land inside the Port of Indiana-Jeffersonville in Clark County for the utility's 2015 Site Readiness Program.

UNOLS Seeks Nominations for Council Positions

The University-National Oceanographic Laboratory System (UNOLS) is an organization of academic oceanographic institutions working in cooperation with agencies of the U.

Savannah Harbor Expansion Project Update

Lt. Gen. Thomas Bostick, commander of the U.S. Army Corps of Engineers, visited the Port of Savannah on Thursday, for an update on the Savannah Harbor Expansion Project (SHEP).

Coast Guard

6,000 Gallons of Diesel Spilt in Alaskan Gulf

Unified Command responding to cleanup aboard vessel in Seldovia, Alaska   A Unified Command consisting of representatives from the U.S. Coast Guard, U.S. Department of the Interior,

US Orders Owner to Clean Up Ruptured Pipeline

Federal order ensures continued action on Santa Barbara County oil spill   The U.S. Environmental Protection Agency and the U.S. Coast Guard issued a joint federal

Suppression of Random Drug Test Results: A Bad and Unnecessary Decision

Last September, an Administrative Law Judge (ALJ) unsettled much of the U.S. maritime industry when he dismissed with prejudice a U.S. Coast Guard (USCG) action

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Navigation Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1799 sec (6 req/sec)