Tuesday, November 11, 2014

Container Shipping and Bulk Freight and Tanker Management Groups Collaborate

New Joint Venture Targets North Asian Market
Shipping News Feature

UK – SINGAPORE – ASIA – Bibby Ship Management which supplies crews to over sixty vessels of all types and numbers such companies as Atlantic Container Line (ACL) amongst its customers has formed a strategic alliance with Singapore-based United Ship Management, which offers similar services mainly to owners of bulk freight carriers and tankers, in a bid to capitalise on business opportunities in the growing North Asian market, targeting China and Taiwan for specialist sectors such as offshore, oil and gas, LPG and LNG.

The joint venture, to be known as Bibby-USM Shipping, has been set up as an independent company to help diversify their joint operations into the North Asia region, with Bibby contributing its offshore expertise and United Ship Management offering strategic partnerships with owners across the regional market. Arvind Mohan, Managing Director of Bibby Ship Management’s Singapore operation, said:

“We are looking forward to working with United Ship Management to venture into the Chinese market through Bibby-USM Shipping. We believe the alliance will open up new opportunities for us in this fast moving and important shipping region. It is an exciting time for our business and for the maritime industry as we expand further afield.”

Both firms hope that the offer of comprehensive one-stop-shop marine services such as Technical Management, Consultancy, Crew Management, Offshore Training, Surveying, and Marine Travel enterprise will prove an attractive proposition to companies in the region. Kelvin Sun, Managing Director of United Ship Management, said:

“Bibby Ship Management brings a wealth of knowledge and industry expertise to Bibby-USM Shipping and we look forward to working with them. With the new joint venture, we are confident and determined to be one of the major ship managers in these specialised and niche sectors.”