{"id":72146,"date":"2023-07-18T00:00:00","date_gmt":"2023-07-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2023\/07\/18\/dubais-transworld-forms-jv-fleet-management-to-provide-ship-management-services\/"},"modified":"2023-07-18T00:00:00","modified_gmt":"2023-07-18T00:00:00","slug":"dubais-transworld-forms-jv-fleet-management-to-provide-ship-management-services","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2023\/07\/18\/dubais-transworld-forms-jv-fleet-management-to-provide-ship-management-services\/","title":{"rendered":"Dubai\u2019s Transworld forms JV Fleet Management to provide ship management services"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">Dubai-based shipping and logistics firm<\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.transworld.com\/\" style=\"\">Transworld<\/a><\/span><span style=\"font-weight:700\"> and Hong Kong-headquartered <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.fleetship.com\/\" style=\"\">Fleet Management<\/a><\/span><span style=\"font-weight:700\"> will <\/span><span style=\"font-weight:700\">establish a ship management JV <\/span><span style=\"\">dubbed Transworld Fleet Management to offer technical management services for Transworld\u2019s fleet, <\/span><span>which include container vessels, bulk carriers, and tankers, according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.fleetship.com\/blog\/2023\/07\/14\/transworld-group-and-fleet-management-announce-new-ship-management-joint-venture\/\" style=\"\">press release<\/a><\/span><span>. The<\/span><span style=\"\"> statement did not disclose the breakdown of the shareholder ownership of the JV.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The details: <\/span><span>The JV will see Transworld and Fleet employees cooperating in India, Hong Kong, Dubai and Singapore, the press release said. <\/span><span style=\"font-weight:400;\">The JV will also provide ship management services to other vessel owners in the region. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">What they said: <\/span><span>\u201cFleet has managed a number of our vessels over the past year, and this joint venture is a natural progression in our working relationship as we continue to add to our ship ownership portfolio, particularly in tankers,\u201d Transworld Chairman Ramesh Ramakrishnan said. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The JV will provide ship management services to vessel owners in the region<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[190],"tags":[133,17,33,123],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-72146","post","type-post","status-publish","format-standard","hentry","category-shipping-maritime","tag-dubai","tag-enterprise-logistics","tag-shipping","tag-shipping-maritime","wpautop","entry"],"acf":{"mongo_id":"1e8b0113-2652-46b7-9b65-a57b0e66c5c0","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/7\/676.jpg,https:\/\/www.fleetship.com\/blog\/2023\/07\/14\/transworld-group-and-fleet-management-announce-new-ship-management-joint-venture\/","photo_position":"above","homepage_title":"","full_issue_title":"Dubai\u2019s Transworld forms JV Fleet Management to provide ship management services","related_issue":[72137],"teaser":"The JV will provide ship management services to vessel owners in the region","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/7\/.3eb7999c-9526-4004-b630-094fa4e795b2.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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