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V.Group Acquires Graig Ship Management


August 21, 2017 - London-based V.Group, a marine and offshore vessel management and support services provider, has acquired Graig Ship Management, part of Graig Shipping, in an effort “to strengthen dry bulk capability in China and Western Europe.” As informed, Graig Ship Management will continue to operate independently within the V.Group portfolio. V.Group expects to enhance its growing ship management capability in Asia as well as benefit from Graig Ship Management’s strong relationships with western owners, banks and institutional investors. Additionally, Graig Shipping will now focus on core activities including developing, financing, and executing shipping investment opportunities and structures independently and through collaboration. Through this transaction, V.Group and Graig Shipping intend to form “a close, complementary partnership” to provide an integrated service covering investment, ownership, ship management, and supervision.

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