446
Columbia Shipmanagement (CSM) and the Khobar-based Spectrum Group have formed a strategic joint venture.
CSM Saudi Arabia, the new company, will manage 35 offshore units and jack-up rigs with immediate effect, with more to follow, with a skilled team of between 70 and 80 employees drawn from both companies.
CSM Saudi Arabia will manage 35 offshore units and jack-up rigs with immediate effect
Columbia Shipmanagement’s President and CEO, Mark O’Neil, stated that the new firm will aim to expand its bespoke services reach both within the Kingdom and the UAE.