Interocean Group has formed a joint venture with Baku, Azerbaijan based Green Line Shipping to strengthen Caspian energy and maritime capability.
The new venture expands Interocean’s operation in Azerbaijan and the wider Caspian region, combing global standards with local delivery expertise to support safe, reliable and increasingly sustainable integrated asset solutions.
Interocean Energy Services FZCO, an Interocean Group company, announced a new joint venture with Green Line Shipping LLC in Baku, marking a strategic step in the Group’s continued expansion across key maritime and offshore energy markets.
The new venture strengthens Interocean’s presence in Azerbaijan and supports the Group’s wider growth model of combining international standards with strong local capability. In the Caspian region, where clients need technical discipline, regional knowledge and dependable execution, the partnership provides a more responsive platform for practical, reliable asset solutions.
Commenting on the significance of the venture for Interocean, Alex Clark, Group CCO said:“This joint venture is an important step for Interocean as we strengthen our position in a strategically important market. Baku is a key hub for maritime and offshore activity in the Caspian region, and Green Line Shipping brings the local knowledge, delivery focus and shared ambition we value in a long-term partner. Together, we are creating a platform that combines international standards with practical local execution helping clients deliver safe, efficient and reliable operations across their assets.”
Green Line Shipping brings established knowledge of the local operating environment and a track record in reliable maritime services, giving the partnership a stronger base for regional delivery. The venture also reflects both companies’ focus on improving efficiency and supporting more sustainable ways of working.
Speaking on behalf of Green Line Shipping, Renat Rzayev, CEO & Founder said: “This joint venture with Interocean represents an important step for Green Line Shipping as we continue to strengthen the maritime capabilities available in Azerbaijan and the wider Caspian region. By combining Interocean’s international standards and offshore experience with our local knowledge and operational understanding, we are building a partnership focused on safe execution, responsive service and long-term value for customers. We also share a clear commitment to more sustainable ways of working, and we see this venture as a strong platform for future growth.”
Together, the two businesses aim to provide customers with a more connected and responsive experience, supported by safe execution, clearer operational interfaces and lower-impact ways of working.
The partnership reflects a shared view that sustainable growth in maritime services depends not only on market access, but reliable delivery, disciplined coordination and a clear understanding of customer needs.
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