The enlarged firm will have a fleet of 700 ships, of which 600 are under full management.

Long-term Anglo Eastern boss Peter Cremers will be executive chairman of the new outfit, with Univan chief executive Bjorn Hojgaard keeping the same title.

Marcel Liedts and Mark Stevenson complete the executive line-up as chief operating officer and chief financial officer respectively.

“Already in the top three global ship management companies, Anglo-Eastern’s merger with Univan Ship Management creates the industry leader,” a statement said.

V.Ships remains the largest ship manager globally with 1,100 vessels to its name.

“There are significant scale advantages in ship management arising from a global foot print and better career opportunities for both seafarers and shore staff which are of benefit to a ship manager’s customers, the shipowners," today's statement said.

Cremers has been with Anglo Eastern since the mid 1980s and is no stranger to consolidation having merged with Denholm Ship Management in 2001.

Univan, founded by the legendary ship management figure Captain Charles Vanderperre, has been led by Hojgaardv since 2012.

Univan’s Richard Hext and British owner John Denholm will sit on the board of directors, alongside Mark Stevenson, Richard Wong, Kannika Thasak and the four executives.