British Marine was founded by professionals with a long track record of successful involvement in all aspects of industrial and commodity activity in general, particularly a deep understanding of the dry-bulk shipping trade.
British Marine purchased its first dry bulk vessels in 1999 and went on to build a sizeable portfolio of bulk carriers, both commissioning newbuildings and purchasing secondhand tonnage. Over the years, the group has built up a wealth of experience in owning and operating vessels of varying sizes.
The Group has successfully adapted to the volatile market conditions in the shipping sector in recent years, buying and selling vessels at opportune times, and has maintained a solid and stable base of ship ownership.
The Group is particularly proud of its contribution to the impressive revival of the British merchant fleet. As a matter of policy their ships are flagged with the British registry.
British Marine has historically successfully adapted to the changing market conditions in the shipping sector, which has been characterised by a much increased volume of business, rapidly changing patterns of cargo trade, and the widespread adoption and use of financial instruments, such as freight derivative contracts.
The Group prides itself on its scrupulous record of reliable performance and its keenly competitive pricing policy, which has enabled it to secure an increasing share of business over recent years, and an expanding base of loyal and satisfied customers and suppliers.
The Group is actively developing its customer base, increasing its volume of cargo contracts, expanding its owned fleet and growing its base of chartered-in ships. The Group believes it has found a formula for growth which it is confident it can adapt to new sectors of the dry bulk trade and new geographical areas.
British Marine has built up its own in house commercial and technical management platform based in London and supported by an office in Mumbai, where it employs a team possessing a vast array of experience and expertise in the complexities of oceangoing vessel operations. The platform is highly regarded in the market for its high level of professionalism and enjoys a first-class reputation for maintaining vessels to the highest standards.
The commercial and technical management platform has been transferred to RB British Marine, a joint venture company between British Marine and Reuben Brothers. RB British Marine manages the group’s owned fleet, as well as the fleet owned by Reuben Brothers and 3rd party owned vessels.
British Marine has also teamed up with TIME Investments who have raised equity for vessels acquired under the UK Enterprise Investment Scheme. The scheme offers significant incentives to UK based individuals to invest in the dry bulk sector. RB British Marine provides asset management and commercial and technical management services to the vessel owning companies.