Saudi shipowners commit 100+ vessels to CSM
(Posted on 20/12/21)
A leading group of progressive Saudi owners and operators have committed over 100 offshore assets to Columbia Shipmanagement (CSM) Saudi Arabia.
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). These same levels of quality management and optimisation will now be rolled out to our partner operators’ offshore assets, which will, in turn, render them more attractive to Saudi Aramco and other energy companies worldwide,” said Mr O‘Neil.
George Vassiliades, Managing Director of CSM Gulf Region, stated: “CSM Saudi Arabia will be the world leader in vessel management, operation and digital optimisation. Our POCR in Al Khobar, dedicated to the service of offshore assets employed by Saudi Aramco and clients in the region, will be the biggest and most advanced Control Room in the world.
“This capability, together with ‘smart’ onboard sensors, hologram technology and personalised interactive e-learning platforms, will ensure that CSM Saudi Arabia and its partners become the international centre of excellence and optimisation in offshore and vessel performance.”
Mr O’Neil added: “We are proud that CSM Saudi Arabia is an Arab company, run by, and with, our Arab colleagues, for our Arab partners and international clients and wholly committed to the region long-term. 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.”
“The frontrunners have led the way, which is commendable,” said Mr Vassiliades, “and the door is open to all. We are totally confident that we have a vessel management model which can be tailored to every operator within the Kingdom and the Gulf Region. Come and talk to us. Everything is possible.”
Latest News
NORDEN raises full-year guidance for 2025
(Posted on 28/04/25)On the back of the increased gains from sales of vessels and good operational performance, NORDEN, a... Read more
INTERCARGO welcomes ILO recognition of seafarers as key workers
(Posted on 28/04/25)The International Association of Dry Cargo Shipowners (INTERCARGO) has welcomed the recent decision... Read more
MMS advises why seafarers must remain vigilant about malaria
(Posted on 25/04/25)Despite its lack of publicity, malaria remains an ongoing epidemic and a perilous threat to seafarers... Read more
Veson: Bulker S&P activity falls sharply in Q1 2025
(Posted on 22/04/25)Due to market uncertainty, overall sale and purchase levels for Bulkers have fallen year on year, with... Read more
Britannia Group announces CEO succession plan
(Posted on 22/04/25)The Britannia Group, a leading P&I insurer, has announced that its Chief Executive, Andrew Cutler... Read more
INTERCARGO responds to IMO's decision on GHG reduction measures
(Posted on 15/04/25)At last week's landmark MEPC 83 meeting, the International Maritime Organization (IMO) Member States... Read more
NORDEN sells two additional vessels
(Posted on 15/04/25)In line with NORDEN’s strategy to realise asset values, the global provider of ocean-based freight... Read more
ILO delivers on Seafarers Key Worker Rights and fair treatment
(Posted on 15/04/25)The fifth meeting of the Special Tripartite Committee (STC) of the MLC concluded last week with some... Read more
Class societies collaborate to standardise emissions data fields at IMO
(Posted on 03/04/25)The International Maritime Organization (IMO) has confirmed the expansion of the data reference model... Read more
SEA-CARE looks for more holistic understanding of maritime safety
(Posted on 03/04/25)The SEA-CARE working group concluded its third session in February by confirming commitments to share... Read more
