Photo: CSM
Norwegian shipowner Seatrans is the latest to go down the joint venture route for ship management forming a new company with Columbia Ship Management (CSM).
The joint venture named Stödig Ship Management will be based out Seatrans offices in Norway and all its current staff will remain employed in the new company.
Seartrans manages and operates a fleet of chemical tankers, ro-ro, offshore vessels, bulkers and product tankers.
Mark O’Neil, President and CEO of CSM, said: “In Columbia Shipmanagement we recognise the particular expertise and skill sets associated with managing ships in the hard chemical trades and other special tonnage markets. Stödig Ship Management has that expertise which we can build upon with existing and new client opportunities.