New JV Bibby-USM Shipping Targeting Chinese Market

New JV Bibby-USM Shipping Targeting Chinese Market

Offshore market player Bibby Ship Management has formed a strategic alliance with Singapore-based United Ship Management targeting the growing Chinese Market.

The joint venture, to be known as 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 areas of 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.

Arvind Mohan, Managing Director of Bibby Ship Management’s Singapore operation, said: “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: “Bibby Ship Management brings a wealth of knowledge and industry expertise to Bibby-USM Shipping Pte Ltd and we look forward to working with them. With the new JV, we are confident and determined to be one of the major ship managers in these specialised and niche sectors.”

Press Release