Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

V.Ships bags management of Pioneer Marine's fleet

V.Ships bags management of Pioneer Marine's fleet
Geared dry bulk carrier operator Pioneer Marine has appointed V.Ships India as technical manager for its 1m dwt fleet.

The expanding dry bulk outfit has 13 ships on the water of handy and handymax size, with 12 further ships under construction in China.

V.Ships' relationship with Pioneer started in August 2014 when it was contracted to manage three vessels. Since then, the entire on-the-water fleet has been transferred to V.Ships.

Pankaj Khanna, Pioneer Marine ceo, commented: “From early beginnings less than a year ago, Pioneer and V Ships India have rapidly developed a trusted relationship which has seen V.Ships assume the full third party management of our entire fleet of vessels. This significant development has given V Ships the opportunity to handle day to day management of the fleet, resulting in reduced costs and improved operational performance for Pioneer.”

Sachit Sahoonja, md of V.Ships India added: "We are proud to have delivered the results to Pioneer that has seen them transfer their full fleet into V.Ships’ management and we thank them for giving us this opportunity to demonstrate our capability. We are committed to providing them with the highest quality services with absolute regard to safety and marine environment.”