New Horizons Magazine

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LATEST NEWS & PRESS RELEASES

June 2, 2022

Anglo Eastern

 

 

HONG KONG, 01 Jun 2022
Anglo-Eastern Univan Group (“Anglo-Eastern”) and the shareholders of Cruise Management International and CMI Leisure Management (collectively “CMI”) have signed a Letter of Intent regarding the sale of CMI to Anglo-Eastern. The shareholders are pleased to pass the entire share capital of CMI to the new owner Anglo-Eastern, which has the scale, reputation, and technical capability to develop the business and continue the services provided to CMI’s clients and customers in the bespoke expedition cruise sector. Anglo-Eastern believes its values mirror those of CMI and is delighted to have found the opportunity to extend its ship management operations into a new sector, with the acquisition of such respected operators. The sale and purchase are expected to be finalized in July 2022, following the standard due diligence. CMI will continue to be based in Miami, from where the group’s companies will maintain their business and operations. ###


Media contact for this statement:
Melissa Otto, Group Communications Manager, Anglo-Eastern
Tel. +852 3940 7000, communications@angloeastern.com
About Anglo-Eastern


Anglo-Eastern is a leading global provider of independent ship management services, with 650 vessels under full technical management, over 250 under crew management, and a technical services division that has overseen more than 450 newbuildings and conversions. Crewing the fleet is a pool of 30,000 active seafarers who receive continuous upskilling at Anglo-Eastern’s Maritime Training Centres (AEMTCs), while cadets are developed at the Anglo-Eastern Maritime Academy (AEMA), near Mumbai. Supporting the fleet and crew is a dedicated team of more than 1,800 shore staff, who together provide global coverage with local and functional expertise via specialist centres located across Asia, Europe, and the Americas. www.angloeastern.com

About CMI
Cruise Management International manages passenger vessels, from smaller 50+ passenger ships, coastal vessels and ocean liners to larger 2,000-passenger vessels in the expedition, Arctic operations, luxury adventure and educational cruising markets, in all regions of the world. CMI Leisure Management delivers customised hotel management services designed for the burgeoning expedition and niche segment cruise market, offering innovative solutions that encompass provisioning, operations, personnel and logistics to meet

Anglo-Eastern Ship Management Ltd
17/F Kingston International Centre, 19 Wang Chiu Road, Kowloon Bay, Kowloon, Hong Kong | T. +852 3940 7000
www.angloeastern.com | An Anglo-Eastern Univan Group Company

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