EDT Offshore and Synergy Marine Group launches joint venture EDT Synergy Shipmanagement Ltd

Strategic partnership aims to deliver innovative and sustainable offshore ship management solutions, addressing industry challenges in decarbonisation and digitalisation.

Chennai, January 27, 2025: EDT Offshore, a leading provider of integrated marine and subsea services, and Synergy Marine Group, a global ship management company, have launched EDT Synergy Shipmanagement Ltd, a joint venture designed to deliver tailored ship management solutions to the offshore industry.

Registered in Cyprus, this new entity combines EDT Offshore’s extensive expertise in offshore operations with Synergy Marine Group’s reputation for quality-driven technical management and innovative maritime solutions. Together, the joint venture aims to address the unique challenges of offshore operations while aligning with global priorities in decarbonisation and digitalisation.

Synergy Marine Group is the world’s second-largest ship manager and the largest third-party manager of Indian-flagged vessels. Founded in 2006 by Captain Rajesh Unni, the company employs over 28,000 seafarers worldwide, 90% of whom are from India. The Group plans to increase this number by 5,000 by 2026 and to have at least 1,000 female seafarers by 2030.

Ajay Chaudhry, Co-CEO Ship Management at Synergy Marine Group, suggests that the launch of EDT Synergy Shipmanagement Ltd will help empower Indian seafarers and strengthen India’s position as a key player in the global maritime industry.

He said, “As India positions itself as a $5 trillion economy, its workforce will play a pivotal role in adapting to the demands of automation, artificial intelligence, and emerging industries. Synergy Marine Group remains committed to fostering innovation, empowering our Indian seafarers, and championing sustainability and diversity across the global maritime ecosystem. This partnership with EDT highlights our commitment to pioneering innovative solutions and strengthening India’s position as a key player in the global maritime industry.”

With an extensive presence in India, including offices in eight cities employing more than 2,000 shore-based personnel, Synergy complements its global operations across 15 maritime hubs, delivering unmatched depth and breadth of service to ship owners.

Speaking about the new venture, Giles Heimann, Director-Shipmanagement & Operations, EDT Offshore said, “This joint venture represents a strategic evolution of our shared vision for operational excellence.” He added, “By combining our expertise, EDT Synergy Shipmanagement Ltd is well positioned to meet the demands of the offshore sector and deliver innovative solutions to our clients.”

Ajay Chaudhry further said “This partnership highlights our commitment to fostering innovation and delivering customised solutions for the offshore industry. Through this collaboration, we aim to elevate operational efficiency and tackle critical challenges like decarbonisation and digitalisation.”

EDT Synergy Shipmanagement Ltd will address key challenges in offshore vessel management, including the high energy demands of dynamic positioning, limited access to alternative fuels and the growing need for sustainable retrofitting. Leveraging advanced technologies and best practices, the joint venture aims to provide customised management solutions tailored to meet the evolving needs of the offshore sector.

This collaboration also aligns with the increasing growth in subsea and renewable energy projects, as well as offshore terminal operations—areas where EDT Offshore has long-standing expertise. The joint venture will support the maintenance and upgrading of offshore facilities and the expansion of exploration and production activities worldwide.

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