CSO Shipbrokers Advises Global Marine Group on Strategic Divestment in Offshore Power Cable Market

London, Friday 25 November 2022. CSO Shipbrokers (CBO) a chartering, sale and purchase, and market intelligence brokerage, and part of the CSO Marine Group, has advised Global Marine Group (GMG) on their successful divestment in the offshore power cable market.

The divestment strategy includes the sale of Global Symphony, a 130.2m purpose-built IMR and ROV support vessel, which has been part of GMG’s fleet since 2017.

“CSO Shipbrokers worked closely with GMG, drawing on our in-house market intelligence to advise our client on their divestment strategy. Utilising our comprehensive knowledge of the offshore vessels market, and our extensive network of industry relationships, we successfully supported a complex transaction involving a range of strategic assets.”


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