Safmarine moves vessel management activities to Singapore

Safmarine has taken a desision to relocate the Technical Vessel Operations’ management of 20 Safmarine vessels to the Maersk Line Vessel Management TVO organisation in Singapore. This will result in a reduction of 20 positions in Cape Town. “The decision will allow Safmarine to gain leverage from the specialist functions and services made available by the AP Moller-Maersk Group. In addition, it will be able to take advantage of the opportunities of scale and savings offered by these,” a spokesman told FTW. “Safmarine will, where possible, seek alternative opportunities for the shorebased Safmarine technical organisation employees within the AP Moller- Maersk Group, either on shore or at sea,” the spokesman said. Plans for the delivery of four new multi-purpose vessels (MPVs), two in 2010 and two in 2011, and three WafMax container vessels (in 2012) to Safmarine remain unchanged.