Leading ship managers form global joint procurement business to enhance value for principals
07 Jun 2018
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BSM is a member of GenPro, a maritime and commercial procurement company with more than 1000 vessels in its pool
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.
It helps members secure the best price, quality, availability and compliance in supplies while securing access to reliable and reputable suppliers in the market.
GenPro members can enjoy benefits such as: