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OSM lost to Synergy in battle over prestigious Maersk Tankers agreement

OSM submitted a bid of approximately USD 28 million, according to several key sources, and came close to an agreement for Maersk Tankers' ship management business. However, OSM was outbid by Synergy Group, which tells ShippingWatch that the agreement is "extremely important".

Photo: PR / Maersk Tankers

When the agreement to take over the entirety of Maersk Tankers' technical ship management business was announced on Thursday, it was preceded by a long elimination race throughout most of 2021.

Two candidates were left, namely the partially equity fund-owned OSM and the rapidly expanding Indian ship management group Synergy Group, owned by the founder and CEO Rajesh Unni.

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