Marine and subsea services provider EDT Offshore and global ship management company Synergy Marine Group have formed a joint venture company based in Cyprus – EDT Synergy Shipmanagement Ltd – to deliver tailored ship management solutions to the offshore industry.
The new entity combines EDT Offshore’s extensive expertise in offshore operations with Synergy Marine Group’s reputation for quality-driven technical management and innovative maritime solutions. Together, the joint venture aims to address the unique challenges of offshore operations while aligning with global priorities in decarbonisation and digitalisation.
“This joint venture represents a strategic evolution of our shared vision for operational excellence,” said Giles Heimann, Director-Shipmanagement & Operations, EDT Offshore. “By combining our expertise, EDT Synergy Shipmanagement Ltd is well positioned to meet the demands of the offshore sector and deliver innovative solutions to our clients,” he said.
“This partnership highlights our commitment to fostering innovation and delivering customised solutions for the offshore industry. Through this collaboration, we aim to elevate operational efficiency and tackle critical challenges like decarbonisation and digitalisation,” said Ajay Chaudhry, Co-CEO Ship Management, Synergy Marine Group,
EDT Synergy Shipmanagement Ltd will address key challenges in offshore vessel management, including the high energy demands of dynamic positioning, limited access to alternative fuels and the growing need for sustainable retrofitting. Leveraging advanced technologies and best practices, the joint venture aims to provide customised management solutions tailored to meet the evolving needs of the offshore sector.
This collaboration also aligns with the increasing growth in subsea and renewable energy projects, as well as offshore terminal operations—areas where EDT Offshore has long-standing expertise. The joint venture will support the maintenance and upgrading of offshore facilities and the expansion of exploration and production activities worldwide.
Founded in 2006 by Captain Rajesh Unni, Synergy Marine Group is the world’s second-largest ship manager and the largest third-party manager of Indian-flagged vessels.
Synergy Marine employs over 28,000 seafarers worldwide, 90% of whom are from India. The Group plans to increase the number of seafarers by 5,000 by 2026 and to have at least 1,000 female seafarers by 2030.
“As India positions itself as a $5 trillion economy, its workforce will play a pivotal role in adapting to the demands of automation, artificial intelligence, and emerging industries. Synergy Marine Group remains committed to fostering innovation, empowering our Indian seafarers, and championing sustainability and diversity across the global maritime ecosystem. This partnership with EDT highlights our commitment to pioneering innovative solutions and strengthening India’s position as a key player in the global maritime industry,” Chaudhry added.
(source: ET Infra)