Merging in the ship management sector has taken another step forward with the tie-up of two Cyprus-based companies.
Intership Navigation and Interorient Shipmanagement, both based in Limassol, have merged their ship management activities, which will include Intership’s sister company Donnelly Tanker Management.
The companies, boasting over 80 years of combined presence in ship management are joining forces to launch InterMaritime Shipmanagement.
The newly formed company will manage a fleet of over 170 vessels including tankers of all types, LPG carriers, bulkers, containers, multipurpose ships and various other specialized tonnage.
InterMaritime will provide full scope ship management services, such as technical and crew management, procurement, catering, insurance, travel, chartering, and commercial operations.
Dieter Rohdenburg, CEO of Intership Navigation and Donnelly Tanker Management, said: “This merger represents a significant milestone in our journey as ship manager.
“The merger with our peers Interorient is a perfect match that allows us to combine our extensive experience and expertise, collective knowledge and resources, thereby enhancing our geographical footprint and service capabilities, aiming to deliver flawless and competitive maritime services to clients worldwide.”
“At the heart of this new combined organisation are our people, whose talent and dedication are the cornerstone of our success” added Dieter.
Themis Papadopoulos, CEO of Interorient Shipmanagement, noted, “Over many decades, our businesses have nurtured a culture of trust, reliability, and strong family values.
“This merger is a testament to our shared values and vision for the future. Together, we are confident that InterMaritime Shipmanagement will set new industry benchmarks, delivering the highest standards of service and operational efficiency.”