Bibby, USM Target China Growth with New JV

November 10, 2014

Bibby Ship Management formed a strategic alliance with Singapore-based United Ship Management to capitalize on opportunities in the Chinese market.

Bibby-USM Shipping Pte Ltd., as the new joint venture will be known, was set up as an independent company by both companies to help diversify operations into the North Asia region, targeting China and Taiwan for specialist sectors such as offshore, oil and gas, LPG and LNG. 

It is envisioned that Bibby-USM Shipping Pte Ltd. will offer a series of comprehensive one-stop-shop marine services such as Technical Management; Consultancy; Crew Management; Offshore Training; Surveying and Marine Travel.

Both Bibby Ship Management and United Ship Management will continue to deliver their independent strategies outside of this specific target market.

 

 

Logistics News

Two New Post-Panamax Cranes Arrive at Port Tampa Bay

Two New Post-Panamax Cranes Arrive at Port Tampa Bay

U.S. Appeals Court Backs FMC in Evergreen Dispute

U.S. Appeals Court Backs FMC in Evergreen Dispute

Strait of Hormuz Closure Curbs Dry Bulk Demand

Strait of Hormuz Closure Curbs Dry Bulk Demand

Ukraine Strikes Russia's Tuapse Refinery

Ukraine Strikes Russia's Tuapse Refinery

Subscribe for Maritime Logistics Professional E‑News

Old Dominion's profits drop on lower shipment volumes but prices improve
Avis Budget's sixth consecutive day of declines follows a quarterly loss
Airport Authority Hong Kong offers $2.4 billion in bonds