Shipmanagement update: V.Group (V.Ships) sold to Advent International

V. Group is shifting from one private equity firm to another. Advent International (“Advent”) today announced that it has agreed to acquire a majority ownership interest in V.Group Ltd. (“V.Group”), the world’s leading marine and offshore vessel management and support services provider, from OMERS Private Equity (“OPE”). OPE will reinvest in V.Group, working with Advent…

Ship managers Marlow and Columbia in merger talks.

The ship management sector is heading for another big merger, with Cyprus-based Columbia Shipmanagement and crew management firm Marlow Navigation admitting in a curt announcement Tuesday that they are in talks about a combination of their businesses. Following private discussions between the companies’ owners and founders Heinrich Schoeller (Columbia) and Hermann Eden (Marlow), both parties…

Marlow Navigation and Kherson state maritime academy (KSMA) celebrate 10 years of collaboration.

The event took place on the 15th of October in Kherson, Ukraine and coincided with the annual inauguration ceremony of new cadets into KSMA. Present at the event were officials from local and central government, International Maritime Employers Council (IMEC), representative from Marlow Navigation Ukraine and Marlow corporate head office in Cyprus, the media, as…

Maritime Companies flock to Cyprus

A large number of maritime companies have expressed interest to establish offices in Cyprus, while during last year, four shipping giants have opened offices and have been activated on the island of Cyprus. A large number of Greek shipping companies, including companies owned by London-based Greek shipowners, are looking to other EU member-states to relocate their headquarters According to…