OSM to install TM Master

(Posted on 28/02/20)

Global premium provider of maritime and offshore management services OSM Maritime Group has extended their partnership with Tero Marine as their preferred provider of fleet management software. The Norwegian tech company Tero Marine now prepares to install its TM Master suite on the remaining OSM fleet globally.

OSM Maritime Group provides full-service premium management solutions to the offshore and maritime industry and has more than 500 vessels in their ship management portfolio. TM Master is now the product of choice for handling maintenance and purchasing activities across their fleet.

“It is with great enthusiasm I can announce that Tero Marine have signed a frame agreement with OSM. We are proud that such an innovative company, with its uncompromising focus on operational excellence for their customers, has recognized and selected TM Master as the best ship management software for their needs in 2020 and beyond. We look forward to adding OSM to our extensive portfolio of leading ship managers,” says Rune Lyngaas, CEO of Tero Marine.

The frame agreement with Tero Marine means that all vessels with various planned maintenance systems across the OSM fleet would be standardized on TM Master. TM Master is currently installed on close to 70 vessels across OSM’s Norway and Singapore managed fleets. With OSM’s vision of being a frontrunner in the ship management segment, Tero Marine expect to see substantial growth in the coming years as the preferred partner for fleet management systems.

OSM and Tero Marine partnership goes back 6 years already, and the fact that OSM have chosen to extend their business with us demonstrates our ability to help our customers fulfil their digitalization journey in an increasingly complex landscape, says Mr. Lyngaas.

OSM has embedded digital services in its business models to the benefit and success of their customers. The cooperation between OSM and Tero Marine also extends the use of TM Master into OSM’s value adding services such as Catering Management.