EXMAR, Anglo-Eastern Form Third-Party LNG Ship Management JV

Business & Finance

EXMAR Ship Management and Anglo-Eastern Univan Group have formed a joint venture dedicated to newbuilding supervision and vessel management of LNG carriers for third-party owners.

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The new joint venture, named AEX LNG Management, will be based in Singapore.

It will draw on EXMAR’s niche expertise in the LNG sector, while leveraging the systems, resources and global reach of Anglo-Eastern to provide specialist services for the growing LNG carrier market.

Services will include newbuilding planning and supervision, ship management, crewing and training via Anglo-Eastern’s network of maritime training centres and state-of-the-art simulators.

“I look forward to combining EXMAR’s unique competencies in the LNG space with our crewing and training solutions in order to offer our customers a platform for LNG ship management that carries the same depth and strength as we have in our other tanker segments,” Peter Cremers, Executive Chairman of Anglo-Eastern, said.

Nicolas Saverys, Chairman of EXMAR Ship Management, added that the company’s vast LNG ship management expertise, in combination with the global network of Anglo-Eastern, would “create exciting synergies that will change the third-party LNG ship management game.”