It is with great pleasure, we can inform you that Eitzen Maritime Services and Kraemer Maritime, effective from 10.07.2009, has entered into a strategic joint venture agreement.
Ship Chandler is a sector with ongoing changes. Demands for government and surroundings in general are increasing. The market is changing, local and regional knowledge and service are important foundation, and at the same time global operations more often set the agenda. In light of this situation have Kraemer Maritime and Eitzen Maritime Services decided on entering into a strategic cooperation. The joint venture agreement gives our customers a broader support in the future that is customer oriented and competitive in the segment of maritime supplies and logistics both in Norway and abroad.
Kraemer Maritime has over the last few years built an organisation covering all of Norway within maritime supplies and logistics, and have developed modern and efficient business systems in order to support our customers in best possible ways. Kraemer Maritime is today leading within supply to ships and offshore installations, with departments in Hammerfest, Tromsø, Kristiansund, Ålesund, Florø, Bergen, Stavanger and Oslo.
Eitzen Maritime Services have over the last few years, similar to Kraemer Maritime, experienced a considerable growth mostly through acquisition. Eitzen Maritime Services are today able to supply customers in their world covering network, in North and South America, Europe, Africa, Middle East and Asia.
The joint venture agreement is entered into with the intent that both companies going forward will be perceived as better suppliers and partners to our existing and future customers. Competitive conditions, improved product range and excellent service all grounded in the business models of the future are the basis of our joint venture.