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Xanthos Kyriacou called MD of brand-new Italy- based ship administration JV

marinesalvage by marinesalvage
January 19, 2021
in News
0
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Xanthos Kyriacou

Columbia Shipmanagement (CSM) reports that Xanthos Kyriacou has actually come to be Managing Director of CSM Italy, a brand-new joint endeavor with Genoa, Italy, based shipowning team Premuda.

Kyriacou has comprehensive experience of the delivery sector having actually invested the last 12 years as Commercial Manager of Columbia’s Cyprus procedure.

Under the regards to the joint endeavor, CSM will certainly get in the Italian market as well as handle the complete administration of the whole Premuda fleet, presently containing 28 ships under the control of the Genoa- based firm as well as Finav, a fund for credit score administration in the delivery industry developed by Davy Global Fund Management, with the assistance of Pillarstone Italy.

Premuda will certainly be an investor in CSM Italy.

Within the structure described, as well as as soon as trade-union appointment treatments have actually been wrapped up, CSM Italy will certainly give complete ship administration as well as maritime solutions.

As well as taking care of the Premuda fleet, CSM Italy will certainly use a complete series of administration as well as maritime solutions to the whole Italian maritime collection.

The share funding of CSM Italy will certainly be possibly available to various other Italian proprietors as well as drivers.

“I am delighted to be leading CSM Italy as we look forward to working with existing and potential clients in this key maritime hub,” statedKyriacou “The Italian shipping industry is well established and so it was a natural step for Columbia Shipmanagement to establish a local presence to support our clients. CSM Italy will provide the highest quality and professional management services by continuing to provide added-value through our commitment to be world-class ship managers.”

Mark O’Neil, Chief Executive Officer of Columbia Shipmanagement, stated: “It is a great pleasure to welcome Xanthos Kyriacou as Managing Director at CSM Italy. Local representation in Italy means we can maintain high standards of support to our clients in the region more effectively and more efficiently.”

Source of This New.

Tags: Columbia ShipmanagementCSM ItalyDavy Global Fund ManagementFinavPillarstone ItalyPremudaXanthos Kyriacou
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