13.05.2013 - STM Ship Management S.A. adds 24 ships to its managed fleet and opens an office in Germany

STM Ship Management SA (STM) being a member of the Riverlake Group, is pleased to announce that it has taken over the exclusive Commercial Management of the Medallion Reederei Fleet.

The Commercial matters will be handled from the headquarter in Geneva-Switzerland and the Operational activities from the newly established entity, STM Deutschland GmbH based in Oldenburg-Germany.

Medallion Reederei is headquartered in Oldenburg and has recently established a U.A.E. representation office.

Their fleet is listed below :

SP Amsterdam
SP Auckland
SP Atlanta
SP Athens
SP Berlin
SP Belgrade
SP Beijing
SP Brussels
SP Boston
SP Delh
SP Dubai
SP Dublin
JL Rotterdam

Furthermore, STM is taking over all operational activities of the Shipcare Management Fleet. The commercial chartering activity of these vessels remains done on a competitive basis directly with the Owners.

Their fleet is listed below :

Marida Magnolia
Marida Marguerite
Marida Mimosa
Marida Mulberry
Marida Mallow
Marida Maple
Marida Marigold
Marida Melissa
Marida Mistletoe

Consequently STM now manages a fleet of 26 ships from small to medium sized chemical/product tankers ranging from 3,750 to 49,999 dwt.
The new additions listed above enables STM and the Riverlake Group to further deepen their long-term African presence and expands its worldwide approach especially in the Arabian gulf. All contacts and vessels details are available on the STM website www.stm-shipmanagement.com

The Riverlake Group is a Geneva-based shipping services company established in 1985. Through its entities, and with offices in Geneva, Lagos, Rotterdam and now Oldenburg, the group specializes in providing logistical and associated services for the oil & gas industry worldwide.

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