CSM and Marcap to focus on vessel performance optimisation
(Posted on 13/11/22)
Columbia Shipmanagement (CSM) and Marine Capabilities (MARCAP LLC) have signed a Memorandum of Understanding in Abu Dhabi that will lead innovation and shape the technological future of the maritime sector in the Middle East Gulf region.
The two organisations, who place quality performance, targets and goals at the heart of what they do, will initially focus their partnership on ship management, crewing, IT and Performance Optimisation and will work to identify new opportunities to challenge the existing status quo by generating vessel performance optimisation models that will shape the future of the maritime sector in the Gulf.
With close to 40 years’ experience, Marcap is one of the main marine service providers in the region with around 30 vessels serving the largest oilfield and construction companies across the Arabian Gulf (including both United Arab Emirates and the Kingdom of Saudi Arabia), the Arabian Sea, and across the Red Sea.
CSM is a leading integrated maritime and logistics services platform with a focus on performance optimisation and using advanced digital technologies to deliver its services. It is already focusing heavily on delivering digitised solutions to the region via its office in Saudi Arabia and sees its partnership with Marcap as an opportunity to strengthen the digital credentials of the Gulf.
CSM and Marcap are operating in a region that is forward-looking and future-oriented and have a mutual understanding that the future will be driven by technological advances in key areas like crew welfare and cost-competitiveness together with vessel performance optimisation. The confidence that the resulting sizeable value of this partnership will lead to massive benefits is undisputable, they feel.
Commenting on this partnership during the signing ceremony, Mark O'Neil, President and CEO of CSM, said: “We are very excited to be partnering and cooperating with Marcap. I think from the first meeting we had with Mr. Qiblawi and all of Marcap’s team, we realised they are a company that mirrored our culture and corporate values. We are very excited to be working together, to seize the opportunities and face the challenges of the region which are obvious to everyone. We are very keen on developing the market in Saudi Arabia and the wider Gulf region, where the opportunities are immense. With friends like Marcap, I think everything is possible.”
On the same level, Marcap President & CEO Samer Qiblawi, added: “We met in Cyprus two weeks ago, with a very warm-hearted welcome. We look forward to this cooperation with a lot of hope and enthusiasm, trusting it to be a very fruitful cooperation, to expand in terms of skills and capacities in the markets we work in. CSM also shares this outlook and we are proud to be in partnership with one of the key players in the maritime industry. We certainly welcome this partnership with all our friends at Columbia Shipmanagement.”
Latest News
Wallem Group reaches a century in Hong Kong
(Posted on 04/11/25)Wallem Group, a leading global maritime partner, is celebrating the centenary of moving its headquarters... Read more
INTERCARGO celebrates record membership ahead of 45th Anniversary
(Posted on 04/11/25)The International Association of Dry Cargo Shipowners (INTERCARGO) is marking its 45th anniversary in... Read more
NORDEN reports net profit of US$26m in Q3 2025
(Posted on 04/11/25)Net profit for the Group amounted to USD 26 million (DKK 166 million) in the third quarter of 2025,... Read more
ClassNK releases 'Guidelines for Onboard CO2 Capture and Storage Systems (Edition 2.0)'
(Posted on 04/11/25)ClassNK has released 'Guidelines for Onboard CO2 Capture and Storage Systems (Edition 2.0)' first in... Read more
InterManager urges Seafarer participation in Enclosed-Space Safety Survey
(Posted on 27/10/25)Following the International Maritime Organisation’s (IMO’s) newly tightened rules on enclosed... Read more
DNV: Nuclear propulsion is viable solution for maritime decarbonisation
(Posted on 27/10/25)According to a new paper by DNV, shifting environmental requirements are reigniting interest in nuclear... Read more
MoU on cooperation Between Zhejiang Seaport and Columbia
(Posted on 24/10/25)Zhejiang Seaport Group and Columbia Group Limited have signed a Strategic Cooperation Memorandum of... Read more
INTERCARGO statement on Extraordinary Meeting of MEPC
(Posted on 20/10/25)The International Association of Dry Cargo Shipowners (INTERCARGO) has released a statement on the Extraordinary... Read more
Investigation into impact of technology on seafarers
(Posted on 20/10/25)The future of shipping is already here. From autonomous systems to artificial intelligence, maritime... Read more
ESL Shipping’s science-based net-zero targets validated by SBTi
(Posted on 17/10/25)The Science Based Targets initiative (SBTi) has approved ESL Shipping’s near and long-term... Read more
