OSM, Ventis to Jointly Provide Crew for K Line’s LNG Fleet

Business & Finance

Ship management company OSM Crew Management has signed a joint venture agreement with crewing agency Ventis to provide Filipino crew for K Line’s entire LNG fleet.

The memorandum of understanding (MOU) for establishing the JV was inked at a meeting in Manila on April 18.

“This development cements the strategic manning relationship between our organizations and signifies the high quality of OSM Crew Management to be selected as a global manning partner and JV partner for K Line,” Tommy Olofsen, Managing Director for OSM Crew Management, said.

Within the next four years, the number of K Line Group LNG vessels is expected to grow to about 20, according to OSM.

Today, OSM has a total of more than 1,000 LNG crew in the crew pool and more than 650 on board.

Headquartered in London, K Line LNG Shipping (UK) is working as a ship manager, shipowner and regional agent in the marine transportation of LNG. Since its founding, the company has taken delivery of eight LNG carriers and is now entering the next phase of fleet expansion.