Merged Anglo-Eastern & Univan Set Sail

Posted by Eric Haun
Friday, August 14, 2015

Anglo-Eastern Group and Univan Group have reached an agreement which culminates as the largest ever merger of independent, third-party ship management companies, now known as the Anglo-Eastern Univan Group.

Already in the top three global ship management companies, Anglo-Eastern’s merger with Univan Ship Management creates the industry leader, the newly formed group said. There are significant scale advantages in ship management arising from a global foot print and better career opportunities for both seafarers and shore staff which are of benefit to a ship manager’s customers, the shipowners.
Started in 1974, the Anglo-Eastern Group was a home-grown product and took off as a third-party manager soon after a young Belgian executive with a degree in Naval Architecture, Peter Cremers, joined in 1985. Marcel Liedts soon joined Cremers on the management team and, under their leadership, the managed fleet steadily grew. The company gained a reputation for first class safety and environmental standards and in 1998 it underwent a management buy-out, followed in 2001 by a merger with Denholm Ship Management, providing a presence in Europe.
Univan Ship Management was started by the late Captain C.A.J. Vanderperre, often referred to as the ‘father of ship management’ and under whose guidance many successful ship management executives owe their careers today. Former Maersk Captain Bjorn Hojgaard was appointed CEO in 2012 and has overseen significant change. In the past few years Univan has refocused its efforts on serving first class shipowner clients and has seen rapid fleet growth.
The merged business will be led by Cremers as Executive Chairman, Hojgaard as Chief Executive, Liedts as Chief Operating Officer and Mark Stevenson as Chief Financial Officer. The group’s top three” all have professional backgrounds at sea or in naval architecture, the core skillsets in shipping on which both groups were built.
Joining Cremers, Hojgaard, Liedts, Stevensonm on the group’s board will be John Denholm, Kannika Thasak, Richard Wong and Richard Hext.
Today, the newly merged Anglo-Eastern Univan group, backed by long term shareholders in the ship management industry, has recommitted itself to serving its shipowner clients through its commitment to safety both at sea and ashore and to maintaining and improving its operating standards.
The newly merged entity will have more than 1,700 shore based staff, 24,000 seafarers, 600 ships under full management and 100 ships only under crew management.
In the first instance the merged group will continue to operate as separate entities, out of their existing offices. The Anglo-Eastern and Univan tanker fleets will continue to operate under their existing management and from offices in Singapore and Hong Kong.
Categories: People & Company News Mergers & Acquisitions

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