Press Release: Leading ship managers form global joint procurement business to enhance value for principals

PRESS RELEASE: Bernhard Schulte Shipmanagement and Columbia Shipmanagement have combined their global buying power to create an independent procurement company to deliver greater value in ship supply costs for shipowners. The move guarantees principals lower costs in the procurement of a wide range of consumables while guaranteeing product quality and service.

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

It will capitalise on the best practices and strengths of its members by driving efficiencies into the whole procurement process to help reduce clients’ vessel OpEx costs and return real value to the client by way of volume-related discounts in a fully transparent and auditable way.

Ian Beveridge, CEO of Bernhard Schulte Shipmanagement said today: “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.

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