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Home Arab Sea Ports Activity New ship management joint venture formed to tap into Indian Crewing Market

New ship management joint venture formed to tap into Indian Crewing Market

New ship management joint venture formed to tap into Indian Crewing Market

Columbia Shipmanagement (CSM) has signed an agreement with Aurus Ship Management to expand its presence and explore opportunities in the Indian market. Following on from the agreement, Aurus Ship Management will be renamed Columbia Aurus Ship Management (CASM) and will aim to become one of the leading providers of maritime services in the Indian market.

Services offered by the newly renamed entity will include crew recruitment, purchasing, payroll management and technical services, with a particular focus on attracting, training and retaining experienced and qualified crew. With the implementation of a CSM Cadet Program in close collaboration with Aurus and a number of Indian Academies, the joint venture will aim to attract young talent, contribute to the further enhancement of the country’s seafarer skillset and secure long term employment opportunities.

Both CSM and Aurus are convinced of the mutual benefits a partnership will bring, combining the existing local expertise of the established Aurus name in India and the international knowhow and size of the CSM brand.

Prakash Agarwal, CEO of Aurus said: “We commenced operations just six years ago and are proud that Columbia Shipmanagement considers us worthy of partnering them in India. We believe it recognises the professionalism of our team of shore-based employees and the values of the company that has seen exponential growth in its business activities.”

CSM suggests that in Aurus it has found a partner that shares many of its core values and so represents a good fit. Mark O’Neil, CEO of CSM, added: “When forming a partnership with another company it is vital that the two cultures of their businesses are aligned. A leader in the Indian crew recruitment space, Aurus, like CSM, prioritises the needs of seafarers and its workforce. Crucially, both companies believe in operating in the most environmentally and socially conscious way whilst making informed and ambitious commercial decisions.”