Zeaborn is seeking to expand its technical shipmanagement operation to about 250 ships.

The Bremen-based company is working on a strategic paper designed to consolidate small and medium-size German shipmanagers into the Zeaborn brand, managing partner Jan-Hendrik Tobbe said.

It will offer shares in return for shipmanagers moving their vessels into the Zeaborn operation.

“You have loads of companies with vessel fleet sizes between 10 and 40.