V.Ships, part of V.Group, has been awarded its first technical ship management contract in Shanghai’s Free Trade Zone with Minsheng Financial Leasing Co Ltd (MSFL), the company said in its press release.
The vessels, four 64,000 DWT Ultramax bulk carriers, are under construction at the shipyard of China Shipping Industry Co., Ltd in Jiangsu and due to be delivered over the next year. Technical management for the vessels will be provided by V.Ships’ Shanghai office.
V.Group is the leading global marine and offshore vessel management and support services provider, with circa 3,000 personnel based across 67 offices globally, supporting over 40,000 personnel in marine and offshore roles.