Management Services News

Wrist Group, a leader in marine supply, logistics and budget management services for the maritime industry and a portfolio company of an investment affiliate of J.F. Lehman & Company, LLC (“JFLCO”), has announced the acquisition of Delaware Ship Supply (“DSS”), a ship supplier headquartered in Camden, NJ. Founded in 1904, DSS provides a broad portfolio of customized services, including provisions, stores, technical products and spare parts logistics.“We’re excited to welcome Don Rush and his colleagues in Delaware Ship Supply.

Ocean services provider DeepOcean has secured an extension to its existing frame agreement with Equinor for the provision of subsea inspection, maintenance, and repair (IMR) services.As a part of the renewal, DeepOcean will deploy specialized IMR vessels, along with comprehensive subsea services, throughout 2026 and into 2027.The scope of work also includes onshore engineering and project management services for various subsea operations.With this contract, DeepOcean will deliver uninterrupted IMR activities for Equinor from 2006 to 2035…

On December 3, a joint venture company comprising NYK, Kawasaki Kisen Kaisha, MISC, and China LNG Shipping (Holdings) Limited held a naming ceremony for two new 174,000cbm LNG carriers for QatarEnergy.The ceremony was held at HD Hyundai Heavy Industries in South Korea. One vessel was named “Sharq” after an area east of Doha, Qatar’s capital, while the other was dubbed “Shra’ouh” after a Qatari island.The two vessels will be the seventh and eighth of 12 new LNG carriers ordered by the joint venture company for QatarEnergy, the world’s largest LNG providers.

Ocean services provider DeepOcean and Saudi Arabia-based Jana Marine Services have signed a heads of terms agreement to establish a joint venture company that will offer integrated subsea solutions to the offshore energy industry in the Middle East.The intended joint venture, to be named JADE Subsea Services, plans to enter into a five-year charter agreement with Jana Marine for a newbuild DP2 hybrid diving support vessel (DSV) capable of performing subsea construction, inspection…

Lloyd’s Register (LR) has entered into strategic collaboration with Greece-based DYNAMARINe to launch an independent auditing program aimed at improving the safety, transparency and performance of ship-to-ship (STS) transfer operations worldwide.Under the new framework, LR’s auditors will assess STS service providers in line with standards set by the Oil Companies International Marine Forum (OCIMF) guidelines, while also reviewing risk data and operational records compiled by DYNAMARINe.

The U.K. will launch a Maritime Innovation Hub in April 2026, aimed at accelerating the development of new technologies across the shipping sector while maintaining safety standards.The initiative, hosted by the Maritime and Coastguard Agency (MCA), will support vessel operators, shipbuilders, start-ups and technology developers in bringing novel ideas into real-world operations.Plans for the hub were unveiled earlier this year under the Department for Transport’s Maritime Decarbonisation Strategy.

Kilimanjaro IX, a 53-metre high-speed ferry designed by digital shipbuilder Incat Crowther for Tanzania’s Azam Marine, has been launched by AFAI Southern Shipyard in Guangzhou, China and will soon begin sea trials.The vessel is the 12th high-speed ferry designed by Incat Crowther for the Tanzanian operator and will service Azam Marine’s popular routes to and from Dar-es-Salaam on the Tanzanian mainland and the islands of Zanzibar, Pemba, and Tanga.Capable of carrying 679 passengers at speeds of up to 37 knots…

Fairfield-Maxwell Ltd. (FML) is returning to the shipping industry in Japan and opening a new office in Tokyo aimed at participating in ship construction, ownership, investment and leasing.The new company will focus on being the tonnage provider of choice and offering a diverse range of vessel types, including chemical tankers, medium range (MR) tankers, gas carriers and newbuilds.The new company – to be named Fairfield Maritime Japan Ltd. – will be a part of a newly formed Fairfield Maritime Group.

Wallem Group has launched a suite of support and consultancy services to protect IT systems onboard its clients’ vessels from disruption.Its new Vessel IT Security and Management Services (VITS) have been developed with a ship's entire digital ecosystem in mind – from its business networks to the Internet of Things (IoT) systems on which operations and humans rely. It includes six management and security services to help keep vessel IT systems up and running, and minimise cyber threats.Wallem VITS offer continuous Servicedesk Support to customers from experts in vessel IT.

The 174,000 cubic meter capacity LNG carrier Al Zuwair has been delivered from the HHI Ulsan Shipyard of HD Hyundai Heavy Industries and will be deployed under a time-charter contract with QatarEnergy. The vessel will be managed by the NYK Group.Al Zuwair is the third of 12 new LNG carriers being built for QatarEnergy by a joint venture comprising NYK, Kawasaki Kisen Kaisha, MISC Berhad, and China LNG Shipping (Holdings) Limited.This delivery marks the first of these vessels built at HHI.

For the first quarter of 2025 A.P. Moller - Maersk A/S (Maersk) reports revenue growth of 7.8% to $13.3 billion with EBIT increasing to $1.3 billion from $177 million a year ago.The company states that these results, while sequentially down as expected, represent a good start to the year and were driven by solid profitability in Ocean, operational improvements in Logistics & Services and higher volumes in Terminals.For the full year 2025, Maersk maintains its financial guidance despite the increased uncertainty leading to a more cautious container volume growth outlook…

V.Ships, part of V.Group, will partner up with REV Ocean to provide a suite of ship management services for the REV Ocean vessel, deemed the world’s largest and most advanced research and expedition ship.Currently at Vard Søviknes in Norway, the vessel will be equipped to conduct research across the entire marine ecosystem, using advanced technology systems.Scientists and other experts will use it for research expeditions, seeking to solve issues related to the impact of CO2 emissions…

Croatia-based bulk carrier and tanker owner Alpha Adriatic has selected Marlink to provide LEO internet solution with cyber security tools for its fleet.Alpha Adriatic will benefit from Sealink NextGen’s combination of VSAT and LEO internet, together with robust back-up and Marlink’s Advanced Threat Detection, Unified Threat Management and Endpoint Detection cyber tools.Marlink will upgrade the hybrid network solution onboard, integrating Starlink to enhance options available for business applications and improving connectivity available to crews.Headquartered in Pula…

NYK and Akita Eisen KK have established a joint company Japan Offshore Support (JOS) to provide ship maintenance and management services for offshore wind power projects, as well as training and employment for seafarersBy actively recruiting local talent, JOS will contribute to the development of offshore wind power projects and the revitalization of the local community in Akita Prefecture.JOS will be mainly responsible for the maintenance and management of crew transfer vessels…

The UK Marine Accident Investigation Branch has published its investigation report into the mooring deck accident on the bulk carrier Mona Manx that resulted in one death.The incident occurred on August 26, 2021. The second officer (2/O) of the Isle of Man registered bulk carrier Mona Manx was fatally injured when he was struck by a recoiling mooring line while the vessel was berthing at Puerto Ventanas, Chile. The line had become entrapped between the vessel and the berth, probably in way of a fender…

Ocean Network Express (ONE) and Seaspan Corporation have established OneSea Solutions, a company focused on technical ship management and maritime talent development.ONESEA is jointly owned and operated by the companies and headquartered in Singapore. ONESEA will offer technical ship management services for container vessels owned by ONE and vessels chartered by ONE from vessel owners. It will pursue the best of safety, efficiency, decarbonizing and digital initiatives, aiming to realize operational excellence of ONE's vessel operations.Raman Handa…

BIMCO’s Documentary Committee has adopted the AUTOSHIPMAN agreement in response to a growing number of remotely controlled ships, primarily for now, in inland waterways and coastal trades.The AUTOSHIPMAN agreement provides a standard contractual foundation for third-party ship managers to deliver services for the operation of remotely controlled or fully autonomous ships.“Currently, remotely controlled ships are operating commercially in several parts of the world. We are seeing growth in this sector with several companies emerging and offering remote control management services to shipowners…

Britain has slapped sanctions on 10 further ships in Russia's so-called "shadow fleet" of vessels which it says use illicit practices to avoid Western restrictions on Russian oil.Russia rejects Western pressure to limit its oil exports, and in the past year there has been a growth in the number of tankers transporting cargoes that are not regulated or insured by conventional Western providers."Today’s sanctions further undermine Russia’s ability to trade in oil via its shadow fleet," British foreign minister David Lammy said in a statement on Wednesday.The foreign ministry said the action take

U.S. maritime companies Crowley and SEACOR Holdings on Thursday announced the formal launch of their joint venture Fairwater Holdings LLC, an independent U.S. company integrating the firms’ petroleum and chemical transportation vessels, capabilities and personnel.Active in all major Jones Act coastwise tank vessel trades, Fairwater supports the transportation of petroleum products, chemical and specialty parcels, as well as Alaskan crude oil. The fleet consists of 31 owned vessels…

Columbia Group and Crowley are teaming up to enhance their ship management solutions, leveraging their expertise across the maritime, logistics and energy sectors.The alliance will enable customers to better capitalize on the capabilities of both organizations for more efficient and greater scale of international management services, the companies said, noting initial focus areas for the partnership will include ship management services, vessel performance optimization and strategic procurement support for shipowners."Driving modern innovation and growth requires partnership…

Columbia Shipmanagement (CSM), member of Columbia Group, is stepping up its presence in the Middle East with the launch of a new office in Dubai.Building on its 45 years of shipmanagement expertise, the strategic expansion will complement CSM’s existing operations in Saudi Arabia, aimed at strengthening the shipping industry and fostering partnerships across the region.The new office will offer the full spectrum of the Columbia Group integrated maritime services with diverse support…

Singapore-based Seatrium has secured a series of major contracts for vessel repairs, upgrades and conversions, set for completion by the end of 2025.With an aggregate value of S$350 million ($259 million), the contracts have reinforced Seatrium’s reputation as a one of the market leaders in vessel repairs, upgrades and conversions.The diverse range of complex contracts secured by Seatrium Repairs and Upgrades include the upgrades and conversions of Floating Storage Regasification Units (FSRU)…

Caterpillar Marine announced it is working with Serco Inc., a provider of professional, technology, engineering and management services, to advance the use of autonomous vessels for naval applications. The initiative supports the Defense Advanced Research Projects Agency’s No Manning Required Ship (NOMARS) project.Autonomous unmanned vessels represent an opportunity to protect crews from the inhospitable, dangerous environment encountered at sea. This technological advancement not only promotes safety but also cost savings…