Who We Are And What We Do 1 15th November 2010
Who We Are And What We Do115th November 2010
Yesterday, Today and Tomorrow
V.SHIPS WAS…Founded in 1984 as a ship manager providing ship owners with a limited range of services.
V.GROUP HAS EVOLVED…To become the world’s largest ship manager and a major provider of a wide range of support services including:Ø Technical management and support to 1,000+ vesselsØ Personnel recruitment, management and trainingØ Marine Services and Technical supportØ Commercial and financial services
V.GROUP WILL…Continue to develop its core businesses, excelling in outsourced support services to help clients ensure compliance, control costs and focus on their core businesses.
215th November 2010
Key Milestones1984 Formation of V.Ships 2002 AMA/Clancey acquired
1986 Sale of 50% to management 2003 CBPE acquires 50% of V.Ships (V.Holdings)
1994 GE Capital acquires 20% 2004 Fraser Yachts acquiredAL Ships JV with KGAL
1998 Celtic Marine acquired 2005 Martinoli acquiredShipping Invest JV with CS & Partners
1999 VSL Shipbroking acquired 2006 UMC acquiredCISM JV with China Shipping
2000 SSM & BGI acquired 2007 Exponent acquires 50% of V.HoldingsV.Holdings (re-brands as V.Group)RCC acquired
2001 Acomarit acquired 2008
2009
2010
V.Group reorganisationFormation of V.Ships Offshore
Acquisition of ITM
Acquisition of MUM
315th November 2010
Group Values
SAFE OPERATION
We do not take unacceptable risks. Risk management is key. Compliance is instinctive.
PERSONALISED SERVICE
Our clients can count on us to deliver customised service built on strong relationships that add value.
PROFITABILITYWe are committed to attractive returns for stakeholders and sharing Group success with staff.
TEAMWORK We endeavour to work as one team towards a common set of clearly defined objectives.
EMPOWERMENT We believe that decisions should be taken at the lowest level practicable.
TRANSPARENCY We run an open-book approach to dealing with clients and other key stakeholders.
INTEGRITY We believe in acting honestly and professionally.
RESPECTWe believe that mutual respect between key stakeholders forms the foundation for honest relationships.
415th November 2010
Key Metrics
$US198M NET INCOME IN 2009
70+ OFFICE LOCATIONS
1,800 OFFICE STAFF
24,000+ CONTRACT STAFF
300+ MAIN CLIENTS
SERVICES FOR 1,000+ SHIPS OF ALL TYPES
515th November 2010
Shareholding
50%Ø 150+ Senior Managers Ø Employees via Share Purchase Plan &…
50%Ø Exponent Private Equity
EMPLOYEEBENEFITTRUST
Through the EBT incentive
programme, shore-based employees
are able to share in the group’s
financial success.
615th November 2010
V.Group Structure
V.Group
Corporate Services & Functions
V.Ships Marine
Ship Management
Manpower Services Leisure
Marine Services Division
Technical Cluster
Other Marine Services
RC Consultants
V.Ships Capital
Partners
715th November 2010
V.Group Main Board
815th November 2010
David Hoare-Non Executive
Chairman
Clive Richardson-Group CEO
Roberto Giorgi-President V.Ships
Patrick Rosselet-Group
CFO
Tom Sweet Escott-Non Executive Director
Chris Graham-Non Executive
Director
Roberto Martinoli-Non
Executive Director
Group Executive
Clive Richardson-Group CEO*
Roberto Giorgi-President V.Ships*
Bob Bishop-CEO Ship
Management
Matt Dunlop-COO Ship
Management
Keith Parsons-Director
Lawrie Campbell-CEO
Manpower
Lorenzo Malvarosa-Chairman Leisure
Andrea Zito-CEO Leisure
Elliot Gow-COO Marine
Martin Stafford-CEO MSD
Terje Pedersen-MD
RC Consultants
Phil Cowan-Managing
Partner VSCPPatrick
Rosselet-CFO*
Tim Haysom-Deputy CFO
Simon Pressly-CIO
Keith Parsons-Group HR
Director
Faye Carson-HR Director
(shore )
Manish Singh-Group Bus DvtDirector Asia
915th November 2010
* Denotes Main Board Member
V.Group Brands
SHIP MANAGEMENT & MANPOWER SERVICES
MARINE SERVICES CAPITAL SERVICES
PRIMARY BRAND
RELATED BRANDS
V.Ships Leisure V.Manpower
V.DeltaV.Ships Catering
V.HospitalityFraser Yachts
V.Ships OffshoreBaltic Group International
ITM
V.Ships Marine Travel V.Ships Agency
V.Ships InsuranceMarlins
MARCASSeaTec EngineeringSeaCom Electronics
V.Ships LogisticsThe Adjusting Group
UMCRC Consultants
AL Ships
1015th November 2010
Global Network
V.Group’s network encompasses principal ship management, manpower recruitment, ship finance and offshore centres worldwide.
1115th November 2010
V.Ships Marine
Service PortfolioØ V.Ships Marine contains the three V.Ships Divisions;
Ship Management Division, V.Ships Leisure and Manpower Services Division. V.Ships Marine business unit ensures coordination of strategy, planning and operational action across the three divisions.
Office NetworkØ V.Ships Marine is based in Monaco but its network
extends to all of the Divisional office locations.
Executive TeamØ Roberto GiorgiØ Elliot Gow
1215th November 2010
Ship Management Division
Service PortfolioØ V.Ships is the world’s largest ship manager providing
technical and crewing services to more than 1,000 ships from the largest oil tankers and containerships to specialised offshore vessels.
Client BaseØ Ship owners/operators of all vessel types
Office NetworkØ Ship management offices in Argentina, US, Cyprus,
France, Dubai, Germany, Greece, Istanbul, Monaco, Miami, Canada, Norway, Brazil, Singapore, UK
Executive TeamØ Bob Bishop Ø Matt Dunlop
1315th November 2010
V.Ships Leisure
Service PortfolioØ V.Ships Leisure is the only passenger ship service
provider combining integrated deck and engine management with hotel services. Its service portfolio also includes cruise ship conversion and refurbishment project management.
Client BaseØ Cruise shipsØ Conventional & fast ferries Ø Super yachtsØ New market entrant investors Ø Ship yards
Office NetworkØ Monaco, Miami, Singapore, Southampton
Executive TeamØ Lorenzo MalvarosaØ Andrea Zito
1415th November 2010
Manpower ServicesService PortfolioØ Manpower Services is the largest supplier of marine
personnel globally with over 24,000 either ashore or at sea and provides manpower solutions for a wide range of marine operations.
Client BaseØ Owners/operators of all vessels managed by V.GroupØ Third party owners/operatorsØ Ship yards
Office NetworkØ Over 30 recruitment offices worldwide, positioned in key
marine and energy manpower supply locations managed by six regional directors.
Executive TeamØ Keith ParsonsØ Lawrie Campbell Ø Rajesh TandonØ Andy Cook
1515th November 2010
Marine ServicesService PortfolioØ Marine Services has a broad-based portfolio. It
includes professional engineering services for the offshore industry, naval architecture and new building project management, technical consulting, agency services, maintenance and repair, logistics, training, insurance, bridge communications and underwater repair.
Client BaseØ Ship owners/operators of all vessel typesØ Ship yardsØ Other users of marine servicesØ Oil and gas majors, offshore/onshore project
developers and contractors
Office NetworkØ Dubai, Fujairah, Glasgow, Ipswich, London,
Shanghai, Singapore, Southampton
Executive TeamØ Martin Stafford
1615th November 2010
Marine Services Portfolio
V.Ships LogisticsØ Moves ships’ spare parts and supplies
worldwide
SeaCom ElectronicsØ Solutions for sea-to-shore communications
SeaTec EngineeringØ Engineering and naval architecture,
maintenance and repair
UMCØ Underwater inspection, maintenance, repair
TrainingØ SeaTec Safety/Marlins risk management
consulting and safety compliance
MARCASØ Marine supplies procurement club-uses
economies of scale to secure contracts at considerable savings for members
V.Ships AgencyØ Full range of worldwide agency services
V.Ships Marine TravelØ 24/7 travel service moving 66,000 people globally
each year, IATA-licensed
V.Ships InsuranceØ Wide range of competitive products
The Adjusting GroupØ Second-largest marine average adjusters
To ensure responsiveness and consistency, each of these services is run by a dedicated managing
director.
1715th November 2010
RC Consultants
Service PortfolioØ Project engineering and consultancy supply services to the
offshore oil and gas industry in Norway
Client BaseØ Energy exploration & production companiesØ Contractors
Office NetworkØ Stavanger Ø Drammen
Executive TeamØ Terje Pedersen
1815th November 2010
Capital Services Service PortfolioØ Capital Services provides a broad spectrum of commercial
and financial services including sale and leaseback through operating and bareboat leases, competitive chartering, sale and purchase broking, bunkering, post fixture services and M&A advisory.
Key Strategic PartnersØ AL Ships with KGALØ GMFØ ICBCL
Client BaseØ Ship owners, charterers
Office NetworkØ London, Hamburg, Singapore
Executive TeamØ Phil CowanØ Jesper Clausen Ø Dan JespersenØ Declan BrownØ George Latawiec
1915th November 2010
Thank You!
2015th November 2010