Ventis and OSM form JV for “K” Line LNG vessel crewing
In a meeting in Manila on April 18, Ventis and OSM signed a joint venture agreement to provide Filipino crew to “K” Line’s entire LNG fleet. Said Tommy Olofsen, Managing Director for OSM Crew Management: “Today marks a significant milestone in the relationship between “K” Line group and OSM, in that we have signed an MOU for establishing a JV for “K” Line’s LNG Filipino manning.”
When the two companies signed the Strategic Manning Partnership agreement, Managing Director of “K” Line LNG Shipping (UK) Ltd., Yuzuru Goto, said: “We believe this to be an excellent partnership, from a supplier with a genuine maritime heritage, understanding of industry operations and aspirations, and understanding of our corporate values and organizational culture. This gives us complete peace of mind for future compliance, dependability and, importantly for “K” Line’s, safe and environmentally responsible operations.”
The expansion of the partnership that the JV agreement represents confirms OSM’s position in the growing LNG market. Within the next four years the number of “K” Line Group LNG vessels is expected to grow to about 20. Today, OSM have a total of more than 1,000 LNG crew in the crew pool and more than 650 on board.
About OSM
OSM is a leading third party management provider in the maritime industry with 10,000 employees delivering services to 500 vessels. The company has offices in 30 countries and is the largest provider of third party management services to the offshore supply industry.
About “K” Line LNG Shipping (UK) Limited
Headquartered in London, ‘’K’’ Line LNG Shipping (UK) Limited is working as a ship manager, ship owner and regional agent to support and strengthen ‘’K’’ Line Group’s business activities within Europe and the wider Atlantic region, namely in the marine transportation of LNG.
