NSB Group has formed a joint venture with Indonesian shipping company Temasline named PT Asia Marine Temas.
So far, the group had 65 ships in operation, among them two specialized vessels for installing offshore wind turbines. With the latest move, NSB Group has added 31 new ships under its management.
With the jv company located in Jakarta, NSB is extending its business in Southeast Asia, as it pushes to reorganize its corporate structure by 2020.
Namely, REEDEREI NSB is extending international ship management activities under the corporate brand name NSB GROUP. Thereby, the company is taking steps to transform itself from a national manager of KG vessels to an international ship manager and maritime service partner.
The company further said that in addition to four primary shareholders, NSB also has ten international players, including those from the financial investor sector, cargo owners, and container lines among its clients.