British PMSCs merge
Two British private maritime security firms, Port2Port Maritime Security and Neptune Maritime Security, are to merge.
Andrew Varney, managing director of Port2Port said, “This merger is demonstrably positive progress for the maritime security sector, which sees two prolific risk management companies of similar DNA and a shared commitment to standards coming together for the tangible benefit of their respective clients… Consolidation within our industry is inevitable and necessary. Therefore, we took the view that a mature and forward thinking but commercially informed approach was required to remain competitive and ensure the highest service standards in what is still a very challenging global market.”
Port2Port and Neptune have now delivered well in excess of 3,000 armed transits in the Eastern HRA.