Domestic companies have committed more than 100 offshore vessels to Columbia Shipmanagement's joint venture CSM Saudi Arabia since its August launch.

Cyprus-based Columbia said the Saudi company, set up with Khobar-based oil services company Spectrum Group, has seen a leading group of "progressive" Saudi owners and operators join its platform.

The client list now includes "frontrunners" like maintenance vessel owner Hadi Hamad Al-Hammam Group and ship and terminal operator ATCO, as well as owners like Baas Global Marine Services (BGMS), High Seas and Naghi Marine, the ship manager said.