Bibby Ship Management has formed a strategic alliance with Singapore company, United Ship Management to develop its business opportunities in the growing Chinese market.
The joint venture, called Bibby-USM Shipping Pte Ltd, has been 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.
Drawing on each company’s expertise, 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.
Mohan, Managing Director of Bibby Ship Management’s Singapore operation, said: “We are looking forward to working with United Ship Management to venture into the Chinese market through Bibby-USM Shipping Pte Ltd. We believe the alliance will open up new opportunities for us in this fast moving and important shipping region. It is an exciting time for our business and for the maritime industry as we expand further afield.”
Kelvin Sun, Managing Director of United Ship Management, added “With the new JV, we are confident and determined to be one of the major ship managers in these specialised and niche sectors.”
According to a statement from the companies, Bibby Ship Management and United Ship Management will still be delivering their independent strategies outside of this specific target market.