Quality Ship Management Services News

Capital Ship Management Corp. and Liberty One have announced the establishment of a joint venture under the name Capital Liberty Invest, taking aim at the German shipping market. The new entity will combine the forces, excellent track record and reputation of Capital and Liberty with the aim to provide commercial and technical ship operating platforms across different shipping segments and sizes in the German shipping market. The Joint Venture will seek growth opportunities in the container segment, ranging from feeder to Post-Panamax vessels, as well as in the crude and product tanker, dry bulk and multi-purpose vessels (MPP) segments. The Joint Venture commenced operations in January 2018 and is based out of the Liberty offices in Leer and headed by Liberty CEO, Dietrich Schulz.

BSM reports 20% increase in the number of vessels under its management over the last year. The increase seen by BSM comes as no surprise against the backdrop of a fast growing economy that Cyprus has been demonstrating in recent times. Particularly over the last six months, the country has attracted many private equity firms and shipping companies, such as Ridgebury Tankers, who have set up presence here in Cyprus. Mr McWhinnie, an active member of the board of the Cyprus Shipping Chamber and the Cyprus Marine Environment Protection Association, shares his insights on the contributions of BSM in shaping Cyprus’ ship management scene.

The Thome Group, the first independent third party ship manager to establish in Singapore, celebrates its 50th anniversary in Oslo this evening, with a harbor cruise and a well-attended gala dinner at the Norwegian Maritime Museum. Incorporated in Singapore in 1963 as Thome Co. Pte Ltd by Norwegian Fridtjov Thome and establishing Thome Ship Management’s Singapore headquarters in 1976, the Thome Group has grown to represent a unique combination of the best elements of Norwegian shipping tradition with the modern drive of Asian business enterprise. Since the early days of 1963 and through generations of family experience, the Thome Group…

BOURBON opens a new affiliate in Saint Petersburg, Bourbon Baltic, which will provide clients with first-class ship management resources. It complements BOURBON’s current operations in Sakhalin. Global leader in offshore oil and gas marine services, BOURBON opens Bourbon Baltic, an affiliate based in Saint Petersburg, Russia, to optimize vessel crew recruitment and continue offering oil and gas clients around the world top quality ship management services for their offshore needs. BOURBON affiliates are strategically located around the world to work closely with local stakeholders and get access to highly skilled seafarers. North-western Russia with its center in St Petersburg has a long-standing tradition of maritime activity and was chosen by BOURBON for the Group’s Russian affiliate.

The results of a three year study designed to draw up a pan‐industry set of usable and comparable Key Performance Indicators to measure quality ship management services will be unveiled by InterManager, the trade association of in‐house and third part ship managers, at its Annual General Meeting in Singapore on November 17th. In a separate move, the AGM announcement will also mark the movement into ownership by InterManager of the KPI initiative. All industry stakeholders including…