2020-03-01 Business Insider

(ff) #1

REPORT: MARITIME SECTOR


http://www.insider.co.uk March 2020 INSIDER 77

I


T IS ONE of the least known
facts about the Scottish
economy. A handful of players
within two square miles in
Glasgow manage a significant
percentage of the world’s merchant
shipping fleet.
While shipbuilding and ferry
contracts may have been headline
news, ship management and other
parts of the marine and maritime
sector and the overall scale of it are
very much under the radar.
“People really don’t realise that
the two largest ship managers in the
world are based in Glasgow,” says
Douglas Lang, group managing
director of Anglo-Eastern Offshore
and chairman of the Scottish
Maritime Cluster. From its office
in the quiet, little-traversed Elliot
Street in Finnieston Anglo-Eastern
vies with near neighbour V.Ships for
bragging rights of being the biggest
ship manager in the world.
The other players within that two
square mile radius include Teekay
Shipping, one of the world’s largest
marine energy transportation
businesses, which shares a building
with Anglo-Eastern in Elliott Street.
Then in Woodside Crescent there is

J & J Denholm, which has a strong
claim to be the world’s oldest ship
management business and whose
ship management arm became part
of Anglo-Eastern, and which is
both a shareholder in it and client
of it. Also on the north side of the
River Clyde is Norbulk Shipping, a
technical ship management company,
in Glassford Street
On the south side of the river is
Malin Group, which has invested
£2m and lovingly restored the South
Rotunda building, turning it into

strikingly impressive modern offices
with a gallery at its top that boasts
remarkable panoramic views of
Glasgow’s waterfront and the city.
John MacSween, the group’s
managing director, says: “Malin
Group is solely focused on working
in the marine industry, things that go
in the sea, float on the sea or interact

with the sea. Across the group we’ve
got a heavy lift business in Glasgow,
which specialises in chartering and
moving abnormal pieces of cargo
around the country or the world
on behalf of clients, or supervising
cargo being moved on behalf of other
clients. The heaviest piece we’ve done
in the last 10 years was about
12,000 tonnes and the lightest single
piece we’ve moved is probably about
15 tonnes and everything in between.
“In Glasgow we’ve also got
Cleanships, a company focusing on
the drive to be more green, be more
environmentally sustainable, and
there are various environmental
regulations coming into force driving
ship owners down that line.”
Cleanships recently outgrew its
space in the South Rotunda and
shipped out to an office in Nelson
Mandela Place which hosts about
45 engineers who travel all around
the world from there.
In Aberdeen Malin Marine focuses
on consultancy services to the oil
and gas industry and has offshoots
carrying out specialised tasks. The
group also has a fabrication facility
in Renfrew with 30 staff including
welders and platers there, primarily
building Malin group designs.
“We touch on different parts

GLASGOW IS


HOME TO ENGINE


ROOM FOR WORLD SHIPPING


By KEN SYMON

We’re punching way above our weight


in the UK and London has woken up


to this and the Scottish Government


is waking up to this as well
Douglas Lang, Anglo-Eastern Offshore

Above: A third of the
merchant navy cadet
officers train at City
of Glasgow College’s
state of the art
facilities
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