Graig expands China shipmanagement office

CARDIFF-based Graig Ship Management is expanding its presence in China by basing a technical shipmanagement team in its Shanghai office. The move comes in response to the rapid growth in its managed fleet.

�GSM has grown rapidly to forty-four ships,� says David Ellis, ceo of Graig Ship Management. �We have a successful newbuilding supervision team in our Shanghai centre of excellence. Now we are going to boost that by basing a technical shipmanagment team there, to be on the spot for vessels operating in Asia.�

�Over the last year we have taken on the technical management of twelve multi-purpose vessels from Elite Shipping, five more from DMK, a Danish ship finance institution, and four ships from Habro, another investment fund,� explains David. �We have also taken three newbuildings in the Confidence series into the fleet. We now manage a very focussed fleet of multi-purpose vessels with heavy lift capability, on behalf of a number of European owners. Many operate in Asia, so this is a logical extension of our commitment to China.�

The Graig Group is a global marine service provider with interests in newbuilding supervision, ship management, ship design, ship owning , shiprepair, IT support and ship finance. One of the first marine groups from outside China to realise the potential of the Chinese yards, it has supervised over thirty newbuildings there on behalf of itself and major global shipowning groups. In February 2002 Graig opened a shared centre of excellence in Shanghai to provide for ship design, newbuilding supervision and shiprepair.

For more information contact:

David Ellis
CEO
Graig Ship Management
Tel: +44 (0) 29 2044 0200
[email protected]