Shipmanagement and crewing specialists OSM Maritime has entered into an agreement for the acquisition of Kingston Offshore Services, a marine and oil and gas service company based in Plymouth, New Zealand.
Kingston Offshore founder Kurt Aldam will join the Oceania management team of OSM under managing director Casey Munyard. OSM said that, through the acquisition, it will be able to provide further advanced local infrastructure in the region.
OSM CEO Finn-Amund Norbye said the acquisition will enable OSM to offer its existing customers an entry avenue into New Zealand markets.