The preferred Ship Manager for the technical and administrative management of the Vessels of the Fund is Columbia Shipmanagement Limited. The Board of Directors has the responsibility to ensure that the terms and conditions of the various Shipmanagement Agreements to be entered between the Fund and Columbia Shipmanagement Limited will be at arm’s length.
With over 40 years of tradition, commitment and professionalism, Columbia Shipmanagement Limited (‘CSM’) has established its position as a world-class ship manager. CSM has developed a global reputation by continuously exceeding clients´ expectations when providing the highest quality and professional management services. CMS’s success is based on the tremendous added-value granted to clients by leveraging a strong global network and the will of being a leading force in the maritime industry.
Over the years CSM has evolved into an organisation with worldwide presence of more than 25 management and representative offices, crewing agencies and training centres. CSM is part of a larger network of companies that aims to attract and retain the best professionals. Always willing to improve and adapt, our goal is to become the greatest organisation possible for its clients, partners and staff.
CSM is able to offer turn-key, fully transparent and flexible services portfolio. Since becoming one of the leading practitioners of global ship and crew management, CSM cooperates closely with other global partners to leverage economies of scale. CSM’s services are cost-efficient and fully optimised to the individual client’s business scenario, resulting in delivery of the best customisable and modular solutions.
CSM has developed a unique set-up that enables it to provide flexible packages of modular management services, fully-customisable and specifically tailor-made for each client. CSM’s turnkey solutions guarantee cost-optimised operations and benefits obtained from economies of scale. Through CSM’s highly-experienced personnel (ashore and offshore), CSM ensures 24/7 communication, efficiency and transparency in order to run its fleet in optimum operative conditions.
With over 40 years of expertise, CSM is able to provide a unique combination of technical services to its partners; services which not only aim to add value to clients’ assets, but also contribute to the competitive advantage of their operations. Ships under the management of CSM are maintained to the highest standards, with condition and performance monitored through frequent inspections, sailing visits onboard as well as enhanced reporting and quality management systems. CSM’s technical performance places CSM’s managed fleet amongst the preferred choices of Charterers and Oil Majors. Economies of scale, based on volume-based contracting ensure that CSM’s partners benefit from competitive pricing from leading suppliers and service providers. Working closely with its partners, CSM focuses on strict budget and cost control whilst keeping safety, environmental protection, energy efficiency and quality at the forefront of all services offered.
In order to provide qualified seafarers, CSM maintains its own crewing offices in more than 14 locations and multiple countries across the globe. By sharing the same cultural background with the seafarers at local offices, CSM benefits from high retention rates amongst CSM’s loyal crewing pool. Additional professional crewing agents contribute to providing the best recruitment and crew management service available in the market.
Seafarers play a vital role in operating CSM’s fleet and CSM places great emphasis on their development. CSM recognises the importance of educating its seafarers and in addition to mandatory training, have also developed client and company specific crew training programmes. CSM ensures that seafarers have access to facilities offering a wide range of simulators including Main Engine Type, Crane Handling and Bridge Team Management/Ship Handling courses.
Expertise: CSM’s team of professionals has extensive commercial, financial and technical expertise and experience in the safe, efficient and profitable management of all types of tonnage. Operations: CSM’s operations department works closely with ship commands, charterers, brokers, pool operators, port agents and bunker suppliers to ensure efficiency is maintained throughout all operations. Affiliations: Through its affiliated companies, CSM can identify and secure the best employment solutions for its clients’ Vessels.
Vessels under the management of CSM are registered with CSM’s procurement company GP General Procurement Company Limited (GenPro), which is an independent procurement company based in Limassol, Cyprus and founded by Columbia Shipmanagement and Bernhard Schulte Shipmanagement. Its mission is to negotiate framework supply agreements with international ship suppliers on behalf of its members’ clients with a view to securing the lowest prices achievable on all consumables. GenPro’s purchasing volume allows it to achieve the best prices and (where possible) secure discounts based on volume. As a totally transparent, compliant business model, the scope and reach of GenPro will be to all products and consumables associated with the operation of maritime business onshore and offshore. This can be achieved by maximising values/ discounts/experience in purchasing power earned from corporate operations and contracts with vendors and suppliers.
For over 25 years CSM has supervised the construction of more than 280 Vessels, of various types, at leading shipyards in China, Korea, Japan, Germany, Poland, Russia, Turkey, South Africa, Argentina and Croatia. CSM offers complete new building solutions: design and evaluation of specifications, shipyard review, contract negotiation, manufacturer and supplier negotiations, planning, on-site supervision, sea trials, final delivery, guarantee claims handling.
YEARS OF EXPERIENCE
VESSELS UNDER MANAGEMENT
CRUISE VESSELS & SUPER YACHTS
NEW BUILDING SUPERVISIONS
VESSELS ON PROCUREMENT CONTRACT