M&O becomes shareholder of Ulstein Belga Marine

New shareholder of Ulstein Belga Marine

As of August 2018, M&O Partners will enter as a new shareholder of Ulstein Belga Marine, forming a strategic Joint Venture partnership with Ulstein Group in Brazil.

Ulstein Belga Marine has been managed by M&O Partners since 2016. Since then, Anderson Derossi has been in charge as Managing Director of Ulstein Belga Marine in Brazil.

Anderson Derossi will remain in his position and he is committed to continue the development of Ulstein Belga Marine, focusing on growth as the maritime industry in Brazil recovers.

The new situation will strengthen Ulstein Belga Marine, as it will be leveraging on M&O’s knowledge and experience in Sales, administration and operation.

Ulstein Belga Marine will continue as an independent entity with its own highly specialized employees, and the Company will further benefit from M&O’s large network within the maritime industry.

In order to support and reinforce the benefits of the Joint Venture, Ulstein Belga Marine and its employees will be co-located with M&O Partners in its Rio de Janeiro office at Manhatten Tower at Avenida Rio Branco 89.

For further information, please send an email to anderson.derossi@ulstein.com

About Ulstein Belga Marine
Ulstein Belga Marine Serviços de Eletrônica Naval Ltda is a leading company in the field of Naval Telecommunication and Navigational aids, world-renowned for its technological excellence with a long history of more than 30 years in Brazil. In 2005, the company was acquired by the Ulstein Group, a Norwegian multinational with more than 100 years of experience in the maritime industry.

Ulstein Group is a family owned group of companies offering a wide range of ship designs, shipbuilding, equipment packages and maritime solutions. The X-BOW® and X-STERN® are award-winning innovations by ULSTEIN. In addition, Ulstein meets customer demands for marine automation, alarm and monitoring systems through the X-CONNECT® platform, a universal user friendly solutions with a system architecture that utilize digital possibilities that can offer ship intelligence and make the business smarter, safer and greener.

About M&O Partners
M&O Partners develops and supports the growth of international businesses. With a multi- service platform, M&O offers strategical and operational services for maritime and offshore oil & gas companies in key markets all over the world.

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