V.Group has moved to buy out Singapore-based Belships Management, a technical and crewing management company established in 1983, currently managing dry bulk vessels for Belships and other international clients.
Lars Christian Skarsgård, CEO of Belships, said: “We are thrilled to join forces with V.Group with the aim to create world-class management of our fleet. Through this partnership, we will benefit from V.’s global reach, accelerated digitalisation and decarbonisation capabilities, and create the flexibility to scale our fleet. Additionally, we will maintain the expertise and dedicated operational personnel that we have built over the years.”
René Kofod-Olsen, CEO of V.Group, said: “This agreement is a major step in our strategy of partnering with first-time outsourcers among blue-chip vessel owners.”
