Leading ship managers form global joint procurement business to enhance value for principals
07 Jun 2018
BSM is a founding member of GenPro, a maritime and commercial procurement company with more than 1000 vessels in its pool and an annual turnover of US$300 million in 2020. GenPro negotiates framework supply agreements with international ship suppliers on behalf of its member clients with a view to secure the lowest prices achievable on all consumables.
The company provides the most competitive terms and conditions in the procurement of a wide range of maritime products, consumables and services. GenPro negotiates with its suppliers, where possible, Volume Related Discounts; these discounts are returned to GenPro’s clients 100% and as stated in the respective contract.