Four European MPP operators form House of Shipping

A group of four European operators of multipurpose cargo vessels has reached an agreement to cooperate in technical shipmanagement to generate savings through economies of scale, Alphaliner reports in its most recent weekly report.

Thorco Shipping Holland, Navigia, Feederlines and Peak will form a new joint venture company named House of Shipping based in Groningen that will have a total of 65 MPP vessels under its management.

The commercial operations remain ensured separately.

Thorco Shipping Holland is the Dutch arm of Danish cargo vessel operator Thorco Projects. Navigia and Feederlines are Dutch companies who merged their shipmanagement activities in March this year.

Feederlines used to be co-owned by Germany’s Reederei Hartmann, based in Leer. Following the German partner’s exit in early 2016, the company is now wholly owned by its managing director Jan van der Laan while Navigia is controlled by the Dutch entrepreneurs Jan van Breden and Eric Bos. They are also jointly in charge of the technical management of the fleet of Norwegian company Peak Shipping on top of their own fleets.

As part of the new management cooperation agreement, Thorco Shipping Holland will close its Dutch office at Winschoten, located half-way between Groningen and Leer, and move all its staff to Feederlines, whose offices in Groningen will be turned into the new headquarters of the new company.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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