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CSM scores in Saudi with over 100 vessels committed

Photo: CSM markoneilnew.jpg
Columbia Shipmanagement’s (CSM) venture into the Saudi market is bearing fruit with owners and operators committing over 100 vessels.

Since moving into Saudi Arabia last year CSM has enjoyed rapid growth in the Middle East market and says that a group of owners have committed over 100 offshore assets to contracts with CSM Saudi Arabia.

CSM said that Hadi Hamad Al-Hammam, ATCO, BGMS, BAAS, High Seas and Naghi Marine have all confirmed their intent to engage with CSM Saudi Arabia on a third-party management, crew management or franchise basis.

“We have demonstrated our long-term commitment to the Kingdom, our total belief and support for Vision 2030, and the top quality of our vessel management services to our valued partner Saudi Aramco,” said Mark O'Neil, Group CEO and President of Columbia Shipmanagement, part of the Columbia Group along with CSM Saudi Arabia.

“This has been a learning process on both sides and has resulted in implementation of the world‘s first ‘smart’ OSV, managed and optimised by CSM‘s market-leading Performance Optimisation Control Room (POCR).

“It respectfully integrates the knowledge and experience of CSM with the quality blue-chip operators and owners within the Gulf. Owners and operators can feel confident that CSM management is tried, tested and approved by Saudi Aramco.”

CSM set up in Saudi Arabia in September last year primarily to service the need of its client Saudi Aramco.

 

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