Braemar Shipping Services PLC New Partnership with V.Ships Leisure
10 November 2020 - 6:00PM
RNS Non-Regulatory
TIDMBMS
Braemar Shipping Services PLC
10 November 2020
10 November 2020
BRAEMAR SHIPPING SERVICES PLC
("Braemar", the "Company" or the "Group")
New Partnership
Braemar Naves Corporate Finance and V.Ships Leisure enter
partnership agreement
Braemar Shipping Services Plc (LSE:BMS), a leading international
provider of shipbroking, financial advisory, logistics and
engineering services to the shipping and energy industries, is
pleased to announce that its wholly owned subsidiary Braemar Naves
Corporate Finance ("BNCF") and V.Ships Leisure, the world's leading
cruise ship manager, have entered into a co-operation agreement to
support cruise and ferry operators, their investors and financiers
as they collectively navigate the unprecedented challenges
currently facing the passenger ship industry.
With complementary skills and capabilities, the joint team will
provide an integrated solution for a range of stakeholders in the
industry, including consultancy and advisory services spanning
operational & technical topics, HSEQ future-proofing, financial
and business plan due diligence and assessments, as well as
stakeholder advisory and capital raising. This partnership is
intended to support the interests of the engaged partners through
benchmarking with operational and financial industry best practices
enabling decision-making, future-proofing, safe return to
operations and growth.
Richard Jansen, Managing Director & Head of London Office -
Braemar Naves Corporate Finance remarked: "Having known Per and the
V.Ships Leisure team for many years, and having successfully worked
on a variety of projects together during that time, we feel this
co-operation can provide a one-stop platform to support our
partners in the cruise and ferry industries with practical and
actionable advice and support as they confront these difficult and
complex times head-on."
Upon announcement of the co-operation Per Bjornsen, CEO -
V.Ships Leisure, commented: "We're passionate about this sector and
keen to assist by using our know-how and partner network to help
our industry colleagues get through this crisis and build for a
brighter, more sustainable future. We know Richard and his team at
Braemar Naves well and are convinced that together we can make a
real difference."
ENDS
For further information, contact:
Braemar Shipping Services Plc
Ron Series, Executive Chairman Tel +44 (0) 20 3142 4100
Nick Stone, Finance Director
Peter Mason, Company Secretary
finnCap
Matt Goode/ James Thompson/ Kate Tel +44 (0) 20 7220 0500
Washington
Buchanan
Charles Ryland / Stephanie Watson Tel +44 (0) 20 7466 5000
/ Matilda Abraham
Notes to Editors:
About Braemar Shipping Services Plc and BNCF
Braemar Shipping Services Plc is a leading international
provider of shipbroking, financial advisory, logistics and
engineering services principally to the shipping and energy
industries. Founded in 1972, Braemar employs approximately 530
people in 28 offices worldwide across its Shipbroking, Financial,
Logistics and Engineering divisions.
Acquired in 2017, Braemar Naves Corporate Finance is the Group's
Financial Division supporting shipowners, investors and banks with
a comprehensive scope of financial advisory services for capital
transactions, refinancing and financial restructuring. BNCF has a
global footprint with a presence in London and Singapore, together
with an ability to work with the Asian financing markets in China,
Japan and Korea in particular.
Braemar joined the Official List of the London Stock Exchange in
November 1997 and trades under the symbol BMS.
For more information, including our investor presentation, visit
www.braemar.com
About V.Ships Leisure
V.Ships Leisure is the leading partner for bespoke ship, hotel
and crew management for the global cruise and yacht industries. As
the first ship management company to set up a dedicated leisure
team, it strives to provide the highest quality services with
absolute regard to safety and sustainability. As the proven
start-up platform, V.Ships Leisure is unique with a dedicated team
of cruise specialists providing services from consultancy,
inspections, newbuild supervision, itinerary planning and port
operations, entry-into-service support and management of
operations.
V.Ships Leisure is committed to providing flawless service
delivery with its state-of-the-art digital platform ShipSure, which
delivers 24/7, real-time data insights. As part of V.Group, the
world's foremost ship management and marine support services group,
its clients benefit from the scale of 44,000 crew and 3,000
colleagues across 60 offices in over 30 countries.
www.vshipsleisure.com
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END
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