Shi.E.L.D Services srl, a global offshore logistics service provider, and Su-Nav Group, a ship management company have announced a strategic joint venture.

In a statement, Shi.ELD and Su-Nav said the new company —  called S CUBE MARINE — will initially manage and operate transshipment projects in West Africa, which include technical and crew management of transhipped, tugs, and barges.

Growing demand from West Africa

"With growing demand from West Africa for a range of raw materials including bauxite, iron ore, and manganese, S Cube Marine is well positioned to provide a range of specialist services for its international mining and shipping customers," the companies said.

Shi.E.L.D Services and Su-Nav have decades of experience in their respective sectors and through their new venture, they can broaden geographical outreach, enhance service offerings and build commercial capacity.

"This joint venture is a big step for both companies and in the dynamic transshipment sector, we need to have the flexibility to meet the changing demands of our clients. With Su-Nav as our partner we can consolidate our position as a global player which will enable us to adapt and innovate," said Corrado Cuccurullo, chief executive officer of Shi.E.L.D Services said.