ASCO, Columbia Shipmanagement to Create Tanker JV

Baku-based Azerbaijan Caspian Shipping Company (ASCO) has reached an agreement to set up a new joint venture with Columbia Shipmanagement.

Under the memorandum of cooperation, the parties plan to further enhance bilateral cooperation through the JV.

Namely, the companies said they would create a solid basis for the exchange of experience on the operation of large tankers in international waters, training of seafarers and office staff of ASCO, and ensuring the participation of the shipping company in new foreign projects.

The parties reached an agreement to continue negotiations on the creation of the JV and the development of the necessary technical and economic documentation.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Oct 2019 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

CruiseConnect Global 2019

Attend CrewConnect Global and stay on for the CruiseConnect Summit to take part in an industry-wide conversation focused…

read more >

CEDA Dredging Days 2019

CEDA Dredging Days programme will follow its successful format of contributed peer-reviewed…

read more >

Offshore Wind Europe 2019

#OWEU19 is a meeting place for governments, developers and suppliers to grow the confidence in wind power. Perfect to grow your business by securing new customers, meeting officials and industry heads.

read more >

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >