Columbia Shipmanagement (CSM) and Marine Capabilities (Marcap) have signed a Memorandum of Understanding in Abu Dhabi to work together to identify new opportunities to create vessel performance optimisation models to support maritime operations in the Gulf.
As a marine service provider, Marcap has around 30 vessels serving oilfield and construction companies across the Arabian Gulf (including both the United Arab Emirates and Saudi Arabia), the Arabian Sea, and across the Red Sea.
Ship manager CSM is also already present in the region delivering services via its office in Saudi Arabia, and sees its partnership with Marcap as an opportunity to strengthen the digital credentials of the Gulf.
“We are very excited to be partnering and cooperating with Marcap. I think from the first meeting we had with Mr (Samer) Qiblawi (Marcap CEO) and all of Marcap’s team, we realised they are a company that mirrored our culture and corporate values,” said Mark O’Neil, President and CEO of CSM.
“We are very excited to be working together, to seize the opportunities and face the challenges of the region which are obvious to everyone. We are very keen on developing the market in Saudi Arabia and the wider Gulf region, where the opportunities are immense. With friends like Marcap, I think everything is possible.”