V.Group announced that it has acquired Selandia Holdings Pte. Ltd and its subsidiaries comprising the Selandia Ship Management Group as part of its strategy to offer clients high quality outsourced marine services from Asia.
Selandia will continue to operate as an independent ship management brand within the V.Group portfolio and enhances V.Group’s market leading expertise and resources in the tanker sector.
V.Group says it now offers the largest ship management fulfillment capability from India and has the widest access to Indian seafarers.
Clive Richardson, CEO and President, V.Group said:
“By joining our portfolio of ship management businesses, we are able to offer Selandia Ship Management Group’s existing clients significant economies of scale and enhanced global responsiveness. For V.Group, this acquisition represents a great opportunity for us to continue to lead on our technical and crew management operations in India – particularly the tanker sector, where there is high demand for specialist skills.”
Source: V.Group
