Torvald Klaveness has announced the sale of 100% of Klaveness Ship Management AS shares to OSM Thome, a company which operates a fleet of 1,000 ships from 22 countries around the world.
Subsidiaries of Klaveness Combination Carriers ASA, in parallel, have agreed to enter into new ship management agreements for its fleet with Klaveness Ship Management under ownership of OSM Thome.
Torvald Klaveness said that this move is driven by the need for scale and investment capacity to address future demands, and to strengthen the development of ship management activities linked to the Klaveness Combination Carriers.
It also mentions that the agreement safeguards the continuity and integrated operating model of the technical management of the Klaveness Combination Carriers fleet, meaning the dedicated team of experienced professionals will continue to work exclusively for Klaveness Combination Carriers.
The highly qualified and specialized crewing pool will continue to be dedicated to the Klaveness Combination Carriers fleet.
In the agreement with OSM Thome, special emphasis has been put on protecting Klaveness Combination Carriers’ unique expertise in operating the combination carriers.
Ernst Meyer, the CEO of Torvald Klaveness, said: “This transfer of ownership represents a new operations model that integrates the expertise, focus, and quality we’ve built over many years in our ship management operations with the necessary scale.”
OSM Thome employs around 29,000 seafarers and 1,600 shore-based professionals, serving several international leading shipping groups. They will establish a new office on the Torvald Klaveness premises in Oslo that will handle the ship management for Klaveness Combination Carriers.
Klaveness Ship Management will also, under OSM Thome ownership, retain its name. The transactions are set to take effect from January 2025.
Finn Amund Norbye, the CEO of OSM Thome, noted: “Our focus will be on maintaining continuity, and building on the high standards of safety, quality, and efficiency of operating the Klaveness Combination Carriers. We will also work together on future-oriented solutions by utilizing new technology and ensuring environmentally friendly operations.”
Engebret Dahm, the CEO of Klaveness Combination Carriers, pointed out: “Through the agreements with OSM Thome, Klaveness Combination Carriers will maintain the best of the current integrated operating model for technical management of its fleet with access to the large operational scale and additional technical resources of OSM Thome, one of the world’s largest and most reputable ship management companies.”
