Leading ship managers form global joint procurement business

BSM and Columbia Shipmanagement have combined their global buying power to create an independent procurement company that delivers greater value in ship supply costs for ship owners.

GP General Procurement Company Limited (GenPro) negotiates framework supply agreements with international ship suppliers on behalf of its members’ clients. This new agreement gives BSM’s and Columbia’s pool of more than 800 vessels access to a wider and superior range of consumables at the best prices available globally.

Ian Beveridge, Schulte Group CEO, stated, “We are pleased to be working with Columbia Shipmanagement to set up GenPro, a new company designed to deliver maximum value to our shipowner clients in a new and innovative way.”

GenPro has pledged to build the most relevant, competitive, comprehensive quality repository of supply contracts within the maritime industry, while ensuring honest and transparent dealing at all times and fair competition amongst its suppliers and service partners.

The partnership was formally announced with a ceremony held in Athens, Greece, earlier in the year. Both companies expressed their commitment to strengthening and sustaining their partnership for their mutual benefit, while engendering and upholding a relationship of complete trust between all partners.

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