Multimarine Services and Columbia Group sign MOA
30/05/2024
Multimarine Services Ltd and Columbia Group have signed a Memorandum of Agreement (MOA) to explore wide-ranging cooperation opportunities in the maritime, energy and offshore renewables sectors.
The MOA will see both Multimarine and Columbia Group working together to identify and explore projects, including specialised engineering and technical support services, ship repairs and shipyard services, pursuing opportunities and collaboration in the superyachting industry, decarbonisation initiatives and ship/yacht new building and conversion projects.
The collaboration will also focus on energy projects, including joint investments in offshore renewable projects, fabrication and construction initiatives and developing port infrastructure. The partnership will see both Columbia and Multimarine combine their expertise in the maritime and energy industries and become a leading force in the energy and renewables sectors.
Multimarine is a diverse group of companies and leaders in providing shipyard, engineering, fabrication, construction, heavy lifting and integrated logistics services in the Mediterranean. It owns and operates extensive shipyard, fabrication and logistics facilities in Limassol Port, Cyprus, an integrated logistics base for the energy industry in Greece and a ship repair facility in the Port of Antwerp, Belgium.
Mark O’Neil, CEO of Columbia, said: “We are excited to collaborate with Multimarine Services, a company with decades of experience in the maritime and energy space. The synergies between our two businesses are numerous and we look forward to exploring shipping, decarbonisation, energy and offshore renewables services together. Furthermore, this partnership strengthens and consolidates the Columbia Group’s energy and offshore credentials in the Eastern Mediterranean and internationally.”
Philippos Ioulianou, Group Director of Energy and Renewables of Columbia, said: “A partnership with Multimarine Services, an expert in the maritime engineering and offshore space in Cyprus, the Eastern Mediterranean and beyond, complements the services already offered by Columbia Group. We look forward to constructively working together to build up sustainable solutions to address the challenges our customers face in respect of decarbonisation and beyond.”
Pavlos Phokas, Commercial Director of Multimarine Services, said: “We are extremely thrilled with the prospects of an in-depth collaboration with Columbia Group and pursuing partnership opportunities together. At Multimarine, we strongly believe in joining forces with like-minded organisations and we see the cooperation with Columbia will create several added-value opportunities. Both Groups will combine their extensive expertise from the maritime and energy industries with strong focus on becoming key players in the renewable and decarbonisation sectors.”
Multimarine aims to become a leader in energy transition projects with active participation in new emerging markets such as the offshore wind industry, where it aims to become part of the supply chain for fabrications.
Columbia Group has a global presence with more than 20 management and representative offices, crew agencies and training centres worldwide, which connects it to its 15,000 employees on land and sea.
