V.Ships is a ship management company, part of V.Group Holdings Limited which is registered in Monaco but headquartered in London, England; and has over 60 offices in 30 different countries. Its 51% majority shares are owned by the American equity company Advent International.[2]
V Group Limited was formed in 1984 and supplies ship management and related marine services to the global shipping industry. V.Group's core marine activities are managed by three operating divisions: Ship Management; V.Ships Leisure; and Crew Management.[3] Other divisions include the Ship Supply Chain division, Marine Services division and Offshore Division. Through its V.Ships and ITM brands, it manages a fleet of over 1,000 vessels, a crew roster of over 26,000 and several marine technical services brands. The chairman of V.Group is Graham Westgarth and the Chief Executive Officer is René Kofod-Olsen.[4]
As of December 2016, V.Group operates out of 60 international offices, managing commercial ships including bulk carriers, tankers, cruise liners and off shore vessels. It employs more than 3,000 people ashore and over 44,000 personnel in marine and offshore roles. V.Group are one of the largest ship management companies in the world.[2]