OSM Maritime would like to announce that it has signed an agreement for the acquisition of New Zealand’s Oil and Gas and Offshore Marine service company Kingston Offshore Services. The acquisition was completed on June 30th and aims to further strengthen OSM’s current operations and services in Oceania.

According to OSM officials, the acquisition alongside its current global setup will make OSM a preferred and natural partner for international customers that are operating in the Oceania region. With this acquisition, OSM will be able to provide further advanced local infrastructure in the region.

The acquisition of Kingston Offshore is fully aligned with OSM’s plans to invest in complementary, value-added, and sustainable new business.

The company’s founder, Kurt Aldam will become part of OSM, in the organization that will be headed by OSM’s Oceania MD, Casey Munyard. Both our existing and our potential customers will enjoy access to a large seafarer crew pool which is supported by a globally leading organization. Simultaneously, OSM will expand its service portfolio with bespoke services.

“OSM is very proud to establish another strategic office that will provide extended support to our customers. This acquisition enables OSM to offer our existing customers an entry avenue into the New Zealand markets. We have had an excellent, professional, and fruitful co-operation with the Kingston Offshore staff leading up to this acquisition. Our company values, beliefs, and cultures are matching well, and we are excited to embark on this journey together.“

Finn-Amund Norbye
CEO of OSM

“I’m excited about joining the OSM Group and believe it strengthens the services and commitments Kingston has spent many years developing. Our commitment to our clients is always number one and we believe joining the OSM group will only strengthen that commitment. The alignment of our company philosophies was critical in this transaction, and we believe we have ensured a successful venture for both parties, clients, and our team.”

Kurt Aldam
Kingston Offshore’s founder

“Kingston Offshore is a premier provider of services to the maritime industry in New Zealand. Kingston embraces the same values as us at OSM which made the decision to join forces an easy one. The combined organization in the Oceania region will deliver a strengthened value proposition to our customers whilst ensuring we continue our people-focused culture. We are all looking forward to working with Kurt and the team with our enhanced offering to the industry.“

Casey Munyard
OSM MD of Oceania

Source: OSM