Singapore shipmanagers merge

Singapore: Singapore-based Luna Ship Management and Ship Management Associates (SMA) have merged.
The two ship managers have merged to form a third party manger called Norstar Shipmanagement. The new company will initially manage 12 tankers, five from SMA and seven from Luna.
The new company directors are brothers Chris and Tom Bonehill from Luna and Duncan Findlay and Bill Hastings from SMA.
"We are delighted with this merger as it will give our clients a stronger value ship management proposition. We have found the right partner in SMA as they have an outstanding track record in full technical ship management services," said Chris Bonehill.  [17/11/10]