V-Ships

Not to be confused with Victory ship.
V.Group Limited
Company typeShipping
IndustryShip Management
Founded1984
Headquarters1st Floor, 63 Queen Victoria Street, EC4N 4UA, London, UK
Number of employees
3,000 ashore/44,000 at sea
SubsidiariesVGG, Selandia Group, Acomarit, BGI, GMTC Offshore Training Centre, ITM[1]
Websitehttps://vgrouplimited.com/

V.Ships is a ship management company, part of V.Group Holdings Limited which is registered in Monaco but headquartered in London, England; and has over 60 offices in 30 different countries. Its 51% majority shares are owned by the American equity company Advent International.[2]

V Group Limited was formed in 1984 and supplies ship management and related marine services to the global shipping industry. V.Group's core marine activities are managed by three operating divisions: Ship Management; V.Ships Leisure; and Crew Management.[3] Other divisions include the Ship Supply Chain division, Marine Services division and Offshore Division. Through its V.Ships and ITM brands, it manages a fleet of over 1,000 vessels[citation needed], a crew roster of over 26,000 and several marine technical services brands[citation needed]. The chairman of V.Group is Graham Westgarth and the Chief Executive Officer is René Kofod-Olsen.[4]

As of December 2016, V.Group operates out of 60 international offices, managing commercial ships including bulk carriers, tankers, cruise liners and off shore vessels. It employs more than 3,000 people ashore and over 44,000 personnel in marine and offshore roles. V.Group are one of the largest ship management companies in the world.[2]

In November 2016, two large ship management companies Bibby Marine and Selandia Ship Management were taken over by V.group.

In February 2022, it was announced that all ships owned by Crystal Cruises and Dream Cruises would now be managed by V.Ships as part of court rulings relating to the closure and liquidation of Crystal Cruises as a result of the bankruptcy of their parent company Genting Hong Kong.[5][6]

  1. ^ Group, V (10 October 2018). "About us". vgrouplimited.com. V Group official website. {{cite web}}: |last1= has generic name (help)
  2. ^ a b "V.Group Changes Hands". The Maritime Executive. 7 December 2016. Retrieved 7 December 2016.
  3. ^ Operations in Europe - Annual report 2017 (PDF). Advent international. 1 April 2018. Retrieved 16 July 2018.
  4. ^ "Board Of Directors - V.Group - Ship Management & Marine Services". V.Group. Retrieved 2022-02-08.
  5. ^ "Crystal Cruises is shutting its US offices and has terminated employees days after 2 ships were seized in the Bahamas: report". news.yahoo.com. Retrieved 2022-02-11.
  6. ^ Staff, C. I. N. (2022-02-08). "Crystal Cruises Shutting Down; V.Ships To Manage Ships". www.cruiseindustrynews.com. Retrieved 2022-02-11.