UBM acquires Seatrade Communications

THE owner of Cruise Shipping Miami, Marintec China and Sea Japan has acquired Seatrade Communications, furthering its already extensive reach and control of cruise conventions.

UBM and Seatrade have collaborated on a series of maritime events worldwide in the past, and the new deal, announced last week, consolidates UBM’s position within the industry.

Chris Hayman, executive chairman and owner of Seatrade since 2003, will continue on as chairman, and the business will remain headquartered in Colchester, the UK.

Seatrade’s cruise sector events include Seatrade Latin America Cruise Convention and Seatrade Middle East Cruise Forum, backed by Seatrade Cruise Review and the online Seatrade Insider.

The company also operates events in the general maritime and offshore marine sectors and has offices in Dubai, Singapore and China.

Michael Duck, global maritime director and executive vice president of UBM Asia, said: “The unified portfolio and management structure will create a simplified, coherent and stronger global offering for our clients. From both a company and personal perspective, I am delighted that Chris Hayman – who is widely known and respected throughout the maritime industry – will be staying with the business. We look forward to working with him and the world-class teams at both UBM and Seatrade over the coming years.”

Chris Hayman, chairman and owner, Seatrade, commented: “Seatrade’s strategy of developing high-quality events and global intelligence for the general shipping, offshore marine and cruise sectors, fits well with UBM’s world-class events in these fields. We look forward to working with them to expand our combined global reach, and to provide the kind of content which is so critical to success in these dynamic industry sectors.”

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