Columbia Shipmanagement and Marlow Navigation have today announced confirmation of regulatory approval allowing their merger, first reported last November.
“Columbia Marlow will continue to deliver the high-level quality services that are, and will continue to be, in demand by today’s fast-changing shipping industry. It will focus on its core services of technical and crew management, together with whatever support services are required by its clients,” the newly merged entity said in a statement today.
Mark O’Neil, formerly the president of Columbia Shipmanagement, has been appointed CEO of the newly merged company.
The shipmanagement sector has seen much consolidation in the past couple of years with Anglo-Eastern merging with Univan and V.Group taking over Bibby Ship Management and Graig Ship Management.
Columbia was founded in 1978 by Heinrich Schoeller in Limassol, Cyprus, while Marlow was founded in 1982 by Hermann Eden, also in Limassol.