V.Ships Agency Plans For Growth

Thursday, May 30, 2002
V.Ships Agency, the ship agency division of the V.Ships Group, have consolidated their presence in the Middle East by confirming an order for a newbuild Aluminium crewboat, due for delivery in October 2002, band investing in an office / warehouse facility in Fujairah to support the offshore activities of the division. Over the last 10 years, V.Ships Agency has grown from a single office in Holland operating as Seamaster, into a global ship agency network with 15 operating offices in 10 countries built through a combination of organic growth and acquisition. The decision to make the latest strategic investment underlines the division's commitment to the region and to support the growing operations in the UAE, headed up by Rishi Trivedi, Managing Director of the offices in Dubai and Fujairah. In commenting on the order for the 21 metre crew/supply launch, Shay Devine, Managing Director of V.Ships Agency, said : "Within V.Ships Agency we are committed to expanding our network and customer base offering a balance of service quality and competitive pricing. We are seeking to build a team with the right local experience and contacts and will invest in the necessary assets to ensure that we are a serious contender in the markets where we are present". "Equally we are viewing the market for suitable acquisition candidates to enhance our network balancing a desire for growth driven by our customers and the defined strategy of ensuring we bring in like minded service driven teams", added Mr Devine.
Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ship Repair & Conversion

GDI Awards N-KOM US$110-M Contracts

Gulf Drilling International (GDI) Limited, a subsidiary of Gulf International Services (GIS), the largest oilfield service company in Qatar, has awarded two contracts

Hyde Marine Makes BWTS Installation Agreements

Hyde Marine, Inc., a wholly owned subsidiary of Calgon Carbon Corporation, says it has established two partnership agreements for installation of the chemical-free

MAN Extends High Speed Power Range

MAN announced it will present a newly developed 12-cylinder V-engine for use in working vessels at the SMM 2014 trade fair in Hamburg, Germany. The German engine

Finance

Royal Caribbean Profit Jumps on Higher European Demand

Royal Caribbean Cruises Ltd, the world's second-largest cruise operator, reported a big jump in quarterly profit as demand for its European cruises rose and passengers spent more onboard.

Seadrill Bondholders: Majority Accept Conversion Offer

Seadrill Limited says that holders of approximately US$547 million of Seadrill's convertible bonds due 2017 (representing approx. 84.1% of the total outstanding

General Dynamics Reports 2Q 2014 Earnings

General Dynamics today reported 2014 second-quarter earnings from continuing operations of $646 million, or $1.88 per share on a diluted basis, compared to second-quarter

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Pod Propulsion Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.0737 sec (14 req/sec)