Torvald Klaveness has announced the sale of Klaveness Ship Management to OSM Thome, one of the chief consolidators in the shipmanagement sector.
Subsidiaries of Klaveness Combination Carriers have, in parallel, agreed to enter into new shipmanagement agreements for its fleet with Klaveness Ship Management under the ownership of OSM Thome.
Torvald Klaveness said the decision to sell its shipmanagement division was driven by the need for scale and investment capacity to address future demands.
OSM Thome will establish a new office on the Torvald Klaveness premises in Oslo that will handle the shipmanagement for Klaveness Combination Carriers. Klaveness Ship Management will also, under OSM Thome ownership, retain its name. The transactions are set to take effect from January.
Ernst Meyer, the CEO of Torvald Klaveness, commented, “This transfer of ownership represents a new operations model that integrates the expertise, focus, and quality we’ve built over many years in our shipmanagement operations with the necessary scale.”
OSM and Thome merged last year to ensure their joint position among the world’s top 10 shipmanagers.