Columbia Shipmanagement (CSM) and Marine Capabilities (MARCAP LLC) have signed a Memorandum of Understanding in Abu Dhabi, UAE to collaborate on the technological future of the maritime sector in the Middle East Gulf region.
More specifically, the two organisations will initially focus their partnership on ship management, crewing, Information Technology and Performance Optimisation and will work to identify new opportunities to challenge the existing status quo by generating vessel performance optimisation models that will shape the future of the maritime sector in the Gulf.
MARCAP is one of the main marine service providers in the region with around 30 vessels serving the largest oilfield and construction companies across the Arabian Gulf (including both United Arab Emirates and Saudi Arabia), the Arabian Sea, and the Red Sea.
MARCAP president & CEO, Samer Qiblawi, stated, “We met in Cyprus two weeks ago, with a very warm-hearted welcome. We look forward to this cooperation with a lot of hope and enthusiasm, trusting it to be a very fruitful cooperation, to expand in terms of skills and capacities in the markets we work in.”
CSM is already focusing on delivering digitised solutions to the region via its office in Saudi Arabia and sees its partnership with Marcap as an opportunity to strengthen the digital credentials of the Gulf.
Mark O’Neil, president and CEO of CSM, commented, “We are very keen on developing the market in Saudi Arabia and the wider Gulf region, where the opportunities are immense.”