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EMS Seven Seas challenges Wrist Ship Supply

Wrist Ship Supply's major Norwegian competitor, EMS Seven Seas, will soon be clear of a tumultuous period. After piling up debt, EMS Seven Seas has now secured an ownership that is strong on capital. The goal is to become the market leader by 2017, says the company's CEO to ShippingWatch.

Following a difficult period, the ship-supply company EMS Seven Seas is back on track. The goal is to take on the competition, such as Wrist Ship Supply, in the battle to become the world's biggest supplier for ships by 2017, says Morten Perssen, CEO of EMS Seven Seas in an interview with ShippingWatch.

"Our goal is to be the world's biggest ship supply company by 2017. The plan contains many different elements, and we plan to announce those as we go along. But we're obviously not interested in letting the competition know what we'll be doing step by step over the next couple of years, because then they'll just do it before us. But we certainly expect our turnover and revenue to grow when we're done with the restructuring process," says Morten Perssen.

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