Zeaborn Ship Management GmbH & Cie. KG - Experts & Thought Leaders

Procureship, provider of the world’s major digital e-procurement platform for the maritime sector, has reaffirmed its position in the Asia-Pacific region with the announcement that Gary Yeow is to lead the company’s Singapore office. Establishing strong partnerships With over a decade of experience in the maritime sector, including roles at Sembawang Shipyard, Sembcorp Marine, and VesselMan, Gary will play a pivotal role in expanding Procureship’s client base and establishing strong partnerships across Singapore and the wider Asia-Pacific region. Notably, Gary Yeow brings extensive expertise in cloud-based Software-as-a-Service (SaaS) solutions designed specifically for the maritime industry. Singapore office Asia-Pacific region’s shipping lines include Eagle Bulk Shipping, Maran Ship Supplies, Suntech Ship Management Procureship launched its Singapore office in September 2023 and has since welcomed a number of the Asia-Pacific region’s shipping lines to the platform. These include Eagle Bulk Shipping, Maran Ship Supplies, Suntech Ship Management, and Zeaborn Ship Management. "I am excited to join Procureship and help expand its presence in the Asia-Pacific region," commented Gary Yeow. e-procurement platform Gary Yeow adds, "The company’s impressive e-procurement platform is already transforming the maritime industry for ship owners, managers, and suppliers around the world." He continues, "By cementing Procureship as a part of maritime’s pioneering shipping centre here in Singapore, I look forward to more users across Asia joining the platform to make vital cost savings and operational efficiency gains." SaaS solutions Grigoris Lamprou, Co-Founder and Chief Executive Officer of Procureship, said, "We are delighted to have Gary on board to lead our expansion in the Asia-Pacific region. His experience will be invaluable as we continue to grow our presence and reputation in this key market." He adds, "Gary’s deep understanding of SaaS solutions will be crucial in helping us to bring Procureship’s unique value proposition to the wider shipping community." Streamlining through a cloud-based system "Our platform offers a secure and highly effective e-procurement solution. By connecting buyers and suppliers through our cloud-based system, we enable them to streamline their processes without the typical inefficiencies of traditional procurement methods," continues Grigoris Lamprou. He further states, "With Gary pioneering our Asia-Pacific operations, we’re confident that we will drive further growth and enhance our reach in this crucial region." Machine Learning and Automation Gary’s appointment comes as Procureship continues to enhance its platform capabilities, incorporating features such as freight forwarding optimisation, tender/contract management, and vendor management. These features utilise advanced technology, including Machine Learning and Automation, to make critical efficiency gains to the day-to-day operations of shipping companies.

Procureship, a provider of the world's renowned digital e-procurement platform, has signed a deal with Norwegian shipowner and operator - BW LNG to bring its platform to support the group’s procurement capabilities for its fleet of LNG carriers. The deal will enable BW LNG to leverage Procureship’s e-procurement platform, which extensively utilises automation and Machine Learning, to bolster is purchasing capabilities. This will allow the Norwegian shipowner to optimise procurement strategies, reduce costs, and improve overall operational efficiency. Global demand for LNG BW LNG’s fleet of 34 vessels is set to directly benefit from Procureship’s technology BW LNG’s fleet of 34 vessels is set to directly benefit from Procureship’s technology during a time of increasing global demand for LNG and cleaner energy solutions. "Procureship is proud to be supporting BW LNG by ensuring their vessels have the procurement capabilities they need to keep their vessels moving, reducing their time spent in port and enabling their team to make smarter and quicker decisions that can support their day-to-day operations," said Grigoris Lamprou, Co-Founder and Chief Executive Officer of Procureship. Partner with Procureship Grigoris Lamprou adds, "We are thrilled to partner with Procureship and leverage their cutting-edge e-procurement platform to enhance our procurement capabilities. This collaboration will enable us to make more data-driven decisions, reduce costs, and provide better value for our services." "By adopting Procureship's technology, we are confident that our fleet will benefit from improved efficiency and streamlined operations, allowing us to meet the growing demand for LNG and cleaner energy options globally," said Stefan Dahlström, Head of Procurement of BW LNG. Trends within the maritime industry Partnership reflects the growing trend within the maritime industry towards digital transformation This partnership reflects the growing trend within the maritime industry towards digital transformation, as shipowners like BW LNG increasingly adopt advanced technologies to stay competitive in a rapidly evolving market. By joining Procureship’s platform, BW LNG will gain access to real-time analytics, and streamlined workflows empowering their procurement teams to respond swiftly to market changes and operational needs. Digital systems in the maritime sector BW LNG is the latest major client to join the Procureship platform following clients like Angelicoussis Group, Oldendorf Carriers, Starbulk Group, Technomar, Zeaborn Ship Management and TB Marine Ship Management.  With the Norwegian shipowner and operator joining the platform, Procureship now boasts more than 2,000 vessels from over 85 fleet owners and operators on the platform, making it one of the world’s fastest-growing digital systems in the maritime sector.

Wilhelmsen Ship Management, a provider of third-party ship management services headquartered in Singapore, and Hamburg-based asset manager MPC Capital have agreed to acquire 100% of the company Zeaborn Ship Management. The acquisition is the consistent next milestone in the partnership between Wilhelmsen and MPC Capital and their ship management joint venture Wilhelmsen Ahrenkiel Ship Management and tanker specialist Barber Ship Management. Zeaborn manages a fleet of around 100 vessels, comprising of container ships and bulkers as well as tankers and multi-purpose vessels, which are managed from offices in Hamburg, Limassol, Singapore and Manila. Integration of Zeaborn Creating a pioneering competence centre for ship management Partners make a pioneering competence centre for third-party ship control in Hamburg With the full integration of Zeaborn into the joint technical management activities of Wilhelmsen and MPC Capital, the partners create a pioneering competence centre for third-party ship management in Hamburg. After the integration of Zeaborn, the combined activities will continue to operate under the brand names of Wilhelmsen Ahrenkiel and Barber, respectively. The joint activities will be co-headed by Managing Directors Dr. Michael Silies and Michael Brandhoff. Michael Silies has been with MPC Capital since 2003 and has headed Wilhelmsen Ahrenkiel since 2020. Michael Brandhoff has been Managing Director of Zeaborn since 2021. Activities of Wilhelmsen and MPC Capital Wilhelmsen and MPC Capital actively drive market consolidation Actively driving market mergers and raising Hamburg’s role as a major ship control hub The expanded joint ship management activities of Wilhelmsen and MPC Capital will continue to be managed from Hamburg with a total fleet of more than 150 vessels in technical management. Wilhelmsen and MPC Capital, both established groups with strong family ties, are thus actively driving market consolidation and advancing Hamburg’s position as a major ship management hub. Carl Schou, CEO and President of Wilhelmsen Ship Management, says: “We are excited to expand our cooperation with MPC Capital, based on an already successful partnership. The acquisition of Zeaborn is our strategic move to expand and strengthen our market presence in the ship management arena. The transaction will increase our vessels in management to a size that we are confident that we can continue to deliver the best ship management services to our existing and future customers. We are committed to ensuring a successful integration that prioritises our customer’s interests." Client base and services Ulf Holländer, CEO of MPC Capital, says: “As a Hamburg-based company with an outstanding track record in shipping activities we feel many overlaps in tradition and values with the Wilhelmsen group as our partner. As such, we are excited to grow our ship management platform. With the integration of Zeaborn’s complementary client base and services, we further strengthen our market position in the ship management business. Combining our expertise with that of Zeaborn will allow us to deliver an outstanding service offering.” The closing of the transaction is expected for Q1 2024 and is subject to approval by the competent antitrust authorities.