Hong Kong’s Fleet Management has bought out NAESS Ship Management for an undisclosed price, bringing the company’s managed fleet closer to the 500-ship mark.
NAESS traces its roots back to 1973 and over the years has managed a wide variety of vessel types. Its existing mix of ships are bulkers and reefers.
Kishore Rajvanshy, managing director of Fleet Management, commented: “I am very pleased to announce the opening of our new office in Diemen on the outskirts of Amsterdam. This venture is launched with a fleet of 13 vessels. With our offices in London and Cyprus we now operate three technical ship management centres in the region.”
Fleet’s European operations are growing fast. Last week it took an extra floor at its base in Cyprus.