V.Group acquires Bibby Ship ManagementNews // March 8, 2016
V.Group has acquired Bibby Ship Management, part of the Bibby Line Group, which has an established track record for providing high quality, safe and reliable ship management and support services to blue‐chip clients. Bibby Ship Management services all types of vessels and has particular strengths in the management of offshore vessels. It also provides extensive crew management solutions, technical support services, marine travel, marine surveying, training and recruitment services.
With 332 personnel in the UK, Isle of Man, Sweden, Ukraine, India, Philippines and Singapore, Bibby Ship Management complements V.Group’s expertise in vessel management and support services across all vessel types.
V.Group said the acquisition of Bibby Ship Management "strengthens V.Group’s overall position" in ship management and maritime services and extends its position in the offshore market. "As a result, this acquisition gives the combined customer base access to extensive management capabilities across all sectors, at a crucial time when shipowners and operators are facing unprecedented challenges and are exploring strategic options for the management of their fleets," said V. Group.
“We believe our combined capabilities offer a compelling outsourcing proposition to our clients, helping optimise operating and budgetary performance for shipowners," said Clive Richardson, V.Group chief executive officer.