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$1bn to spend
Leading ship management groups V.Ships and Anglo-Eastern are creating a $1bn buying group by pooling their purchasing activities through the Marcas, Marine Contracting Association.
The move, going live this month, is aimed at generating more savings for shipowners.
Peter Cremers, managing director of Anglo-Eastern said: “We have a duty to our clients to explore any partnerships which can deliver savings; these are paramount for our owners in these very tough markets”.
It will take the number of ships whose managers use Marcas to 1,700 vessels, from a previous 1,200, and make the organisation the major buying group for the maritime industry.
Marcas, which was set up in 1999, negotiates and signs contracts with suppliers worldwide ‘as agent on behalf of members’ who retain management and control of their purchasing, logistics and invoicing.
Bob Bishop, executive director of V.Group, added: “V.Ships has been active in Marcas since the beginning and it has proved its worth over the past 15 years, aggregating purchase volumes to obtain maximum value goods and services. Partnering with another of the world’s leading managers is a major step for owners and for suppliers who can trust in continuity of supply and production”.
There will be no employee changes within the Anglo-Eastern or V.Ships organisations as a result of the move. The shares in Marcas are currently owned by V.Ships.