Wilhelmsen formalises asset management services

Wilhelmsen Ship Management has launched a new company, Cyclus Marine, to combine specialist technical functions required over ships lifecycles under one brand. Cyclus will provide vessel and customer support through functions ranging newbuilding, drydocking, riding crews, retrofits, conversions, to recycling.

The same team from the group’s ship management arm will remain in place. This assures more than 50 years of experience of vessel management through all stages, Wilhelmsen said.

Cyclus Marine is built on the principles of trust, precision, and specialisation. By consolidating services under one brand, the new setup will give shipowners and managers a clearer entry point to lifecycle expertise while maintaining a close relationship with Wilhelmsen Ship Management.

Gabriel Yeo, general manager of the new company, commented: “Cyclus Marine brings together capabilities we already deliver daily, except now we present them in a clearer, more focused way. Vessels are long-term assets. Our company is structured to support owners through every critical phase with continuity, predictability, and expertise.”