V Group and Clipper have inked a ship management deal for bulkers.

The agreement sees V Group unit Dania Ship Management move into the dry cargo arena after being formed in June to operate vessels for Nordic Tankers.

It has formed a partnership with Clipper Group's Clipper Fleet Management (CFM).

The deal includes the transfer of 28 shore-based employees and around 1,000 seafarers to Dania.

"With access to V Group’s global marine services offering and Dania’s ship management platform, the partnership will support Clipper Group to deliver high quality and efficient management of their fleet," V Group said.

Carsten Brix Ostenfeldt, the CEO of Dania Ship Management, said: “Our aim when we created Dania Ship Management as a partnership agreement between Nordic Tankers and V Group was to develop a strong Danish ship management solution.

"Extending our capabilities to include dry cargo management is an important next step and we are delighted to welcome the partnership with Clipper Fleet Management. The two companies will operate under separate documents of compliance to ensure we continue to meet the specialist requirements of both tanker and dry cargo clients.”

Clipper Group CEO Peter Norborg said: “This new partnership agreement with Dania Ship Management provides Clipper Fleet Management the perfect platform for future growth – benefiting our clients as well as the organisation and employees – both on shore and at sea.

"And with both companies having a strong commitment to safety, efficiency and quality, I am confident of a successful transition."

Dania has 32 tankers, while CFM has 26 managed bulkers with offices in Copenhagen, Denmark, and Mumbai, India.

Clipper Group operates a fleet of 150 handysize, supramax and ultramax vessels.

In October, it sold 16 vessels as part of a refinancing deal with lenders.