- Wilhelmsen Ship Management and MPC Capital jointly acquire Zeaborn Ship Management, forming a leading ship management hub in Hamburg, expanding services for various vessel types.
- The acquisition, part of an ongoing partnership, integrates Zeaborn’s fleet of around 100 vessels and aims to solidify market presence, advancing Hamburg’s ship management standing with over 150 vessels managed.
Management Integration
Wilhelmsen and MPC Capital agree to acquire Zeaborn Ship Management, marking a significant milestone in their partnership.
Zeaborn oversees around 100 vessels across various types, to be integrated into Wilhelmsen and MPC Capital’s joint technical management in Hamburg, establishing a premier ship management center.
Post-integration, operations will persist under the names Wilhelmsen Ahrenkiel and Barber.
Dual Leadership
Dr. Michael Silies and Michael Brandhoff will co-head the joint ship management activities of Wilhelmsen and MPC Capital, leveraging their extensive industry experience.
With over 150 vessels in technical management, the collaboration aims to consolidate the market and elevate Hamburg’s status as a prominent ship management hub.
Wilhelmsen’s CEO, Carl Schou, highlights the strategic acquisition of Zeaborn as a move to bolster market presence, emphasizing customer-centric integration to enhance service delivery.
Market Strengthening
MPC Capital’s CEO, Ulf Holländer, highlights shared values with Wilhelmsen and expresses enthusiasm for expanding their ship management platform through Zeaborn’s integration. The transaction’s completion, expected in Q1 2024, hinges on antitrust authority approval.
The integration of Zeaborn’s client base and services is anticipated to fortify MPC Capital’s market position in ship management, enhancing their service offerings through combined expertise.
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Source: Wilhelmsen
