Columbia Shipmanagement and Marlow Navigation have confirmed that they are in discussions about a merger.
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.
In a statement Columbia and Marlow said they are “well into investigations” into a future equal partnership of the two parties.
The pair already have a joint venture aimed at developing enhanced IT solutions for digitalised ship management and crew training at Marlow’s training centre in the Philippines.
Columbia was founded in 1978 by Heinrich Schoeller in Limassol, Cyprus, while Marlow was founded in 1982 by Hermann Eden, also in Limassol.