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Laurent Cadji-led shipowner Union Maritime has expanded its offshore presence by forming a new joint venture with Vega Maritime. According to Union Maritime, the joint venture, named Union Vega Offshore (UVO), was established to drive growth in the offshore sector across West Africa and South America. The joint venture will be led by the CEO of Vega Maritime, Kenneth Fjeld. “With an initial focus on offshore support vessels, including accommodation units, AHTS, and light subsea assets, UVO is well-positioned to support clients throughout the full lifecycle of offshore projects,” the company explained. The JV’s fleet has already been bolstered by the delivery of the DP accommodation support vessel Vega Hilton. The vessel will undergo initial upgrades before being deployed to support oil major operations in West Africa. Union Maritime has a fleet of 116 vessels, mostly comprised of tankers and bulkers. It also has three offshore vessels, the Lunasol Union, TF Victoria, and Bakerloo. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); }); TagsNorway United Kingdom
Union Maritime expands offshore footprint with new joint venture
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