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

EU Wheat Prices Drop After Ukranian Attacks in Azov Sea

EU Wheat Prices Drop After Ukranian Attacks in Azov Sea

Kernel Holding Pauses Operations at Chornomorsk Port

Kernel Holding Pauses Operations at Chornomorsk Port

UK P&I Club, TT Club Offer to Acquire Thomas Miller Holdings

UK P&I Club, TT Club Offer to Acquire Thomas Miller Holdings

Urals Freight Rates to India Drop As Tanker Availability Increases

Urals Freight Rates to India Drop As Tanker Availability Increases

Subscribe for Maritime Logistics Professional E‑News

China's first five-year plan aims to boost consumption
China's oil imports in June hit near 10-year-low amid Iran war
Canada's Oil Sands Alliance signs agreement to advance Pathways Carbon Capture and Storage Project