Bernhard Schulte Shipmanagement and Columbia Shipmanagement have combined their global purchasing power to create an independent sourcing company.
In a statement, the company said the move guaranteed constituents lower costs in purchasing a wide range of consumables while ensuring product quality and service.
GP General Procurement Company Limited (GenPro) will negotiate master supply agreements with international ship suppliers on behalf of its members’ customers with a view to securing the lowest possible prices on all consumables.
This new agreement gives BSM and Columbia’s pool of more than 800 ships access to a wider “superior range of consumables” and at the best prices available in the world, he said.
Ian Beveridge, CEO of Bernhard Schulte Shipmanagement, said today: “We are delighted to be working with Columbia Shipmanagement to create GenPro, a new company designed to deliver maximum value to our shipowner customers in a new and innovative way.
“We believe that GenPro will change the way global sourcing is delivered to shipowners internationally and over time become a compelling new force in the industry. Both companies are leveraging their industry ties and owner relationships and we believe this is something owners will appreciate. “
Mark O’Neil, CEO and President of Columbia Shipmanagement said, “GenPro represents procurement process optimization in its purest form – a true ‘win-win’ for owners and suppliers.
The scope and scope of the sourcing effort will not be limited to marine products and consumables, but will include all products and consumables associated with operating the marine, onshore and offshore business.
GenPro will derive its income from a brokerage commission agreed upon and paid by the supplier of the vessel. It will also negotiate and agree with suppliers on volume-related discounts that will be fully returned to customers of GenPro members.