LR and Seabury Maritime partner to tackle OPEX and CAPEX challenges
Seabury Maritime, LLC, the global maritime investment banking and industry advisory company and a subsidiary of Seabury Capital Group, has formed a strategic partnership with LR, the provider of classification, compliance, and advisory services, to support maritime clients with key business decisions, LR said in its release.
The partners will leverage their global capabilities, vast market knowledge, and extensive networks to build a platform to help shipowners and other shipping stakeholders better assess the risks and opportunities facing their businesses.
By delivering an end-to-end service to empower clients to navigate operational and capital expenditure challenges in a fiercely competitive maritime marketplace, the tie-up will boost profitability, revenue, and operational efficiency, while addressing ongoing concerns, including regulation, shrinking margins, geopolitical risks as well as physical and cyber security threats.
John Hicks, LR President of Americas Marine & Offshore, said the partnership between the companies comes at the right time as the industry needs a state-of-the-art advisory service to effectively identify and resolve issues and bottlenecks that are severely impacting maritime organisations’ bottom lines.