Lomar is a leading ship-owning and management group with a diversified fleet of over 65 container vessels, bulk carriers, and chemical and product tankers.
With over 40 years of industry expertise as a leading ship owner and operator, our fleets have moved millions of tonnes of cargo. We work globally with major first class organisations, from charterers to shipping professionals, regulatory authorities and governments.
Originally known for our fleet of ‘reefers’ – refrigerated cargo ships – Lomar has been broadening its interests over the past four decades with a growing a mixed sector fleet. This diversity has allowed us to invest in market cycles within the overall shipping industry, while maintaining a sustained presence throughout.
Having sold close to 70 vessels during 2004-07, Lomar's $325-million landmark acquisition of the Allocean group and its mixed fleet of 26 vessels, in 2009, proved a perfect complement to our existing expertise and a platform for further acquisitions. Despite a sustained downturn in the ensuing years we have maintained our growth strategy with the acquisition of more than 125 vessels for over $2 billion, including orders for over 25 modern, fuel-efficient container ships and 'ultramax' bulk carriers from Chinese shipyards. More than 20 have been delivered with further arrivals scheduled. This forms part of a continuous process of fleet modernisation. In August 2014 the entire offshore fleet was sold.
Our London-based management organisation, Lomar Shipping, provides technical and commercial maritime services for the fleet. Lomar Deutschland GmbH in Bremen commercially and technically manages our vessels registered in Germany, while Lomar Singapore Pte, in Singapore, addresses our growing commitment to the shipping markets in Asia. Lomar Shipmanagement Ltd., BVI, manages our developing portfolio of vessels in the dry sector, while Lomar Corporation is the legal entity that owns our fleet.
Lomar is ISO 9001/2008 and 14001/2004 certified, and a member of the UK Chamber of Shipping and the Bremer Rhederverein in Germany.
Lomar is a principal subsidiary of the Libra Group, a diverse international business group that is active in 35 countries across six continents. It focuses on six business areas: aviation, energy, hospitality, real estate, shipping and diversified investments.
Transportation is both a core business sector and a powerful legacy for the Libra Group. Our aviation subsidiary, Lease Corporation International (LCI), is a commercial aircraft and helicopter leasing division that has purchased aircraft with a value approaching $6 billion since its formation in 2003. LCI maintains a fleet of young, modern fixed-wing aircraft and rotary-wing helicopters that are leased to some of the world's leading airlines and helicopter operators.
The Libra Group is wholly-owned by the Logothetis family, which for more than 40 years has been involved in every aspect of the shipping industry including ownership, commercial management and technical management.