Noatum CSM, a ship management joint venture established between AD Ports Group and Columbia Group, has signed a strategic collaboration agreement with GP General Procurement Company Limited, known as GenPro, to support sourcing and supply activities across the JV’s managed fleet.
The agreement, signed in Dubai, establishes a structured commercial framework under which GenPro would support Noatum CSM through its supplier network, framework contracts and governance processes. The collaboration is intended to strengthen purchasing consistency, supplier oversight and alignment with regulatory, compliance and sustainability requirements across fleet operations.
CEO of Noatum CSM, Julian Panter and Managing Director or GenPro, Maria Theodosiou
Through the agreement, Noatum CSM will gain access to GenPro’s contractually compliant supplier ecosystem, enabling consolidated purchasing structures, market benchmarking and improved transparency across supply activities. The scope of the collaboration also includes access to digital tools and specialist support services, supporting operational efficiency, cost visibility and control across key spend categories, including lubricants.
The collaboration is underpinned by clear governance and accountability structures, with auditable processes supporting ESG alignment, supply chain resilience and regulatory compliance.
Julian Panter, Chief Executive Officer of Noatum CSM, said: “This collaboration reinforces our commitment to structured purchasing, governance and ESG alignment. Access to compliant supplier frameworks and auditable processes supports both operational efficiency and supply chain resilience across our fleet.”
Maria Theodosiou, Managing Director of GenPro, added: “We are pleased to support Noatum CSM through a structured and transparent commercial framework. Our role is to provide governance, supplier oversight and data led insight, while aligning with Noatum CSM’s operational requirements and strategic direction.”
The collaboration will be implemented on a phased basis, with an initial focus on supplier performance monitoring, quality assurance and compliance oversight. Both parties confirmed that the agreement reflects a shared approach to disciplined commercial management, risk mitigation and long term value creation.
The agreement reflects the growing adoption of structured commercial and supply models within ship management, as operators seek greater transparency, control and resilience across increasingly complex global supply chains.
