The Marine Contracting Association Limited (Marcas) was established in 1999 in Bermuda. A European service operation centre rapidly followed. The initial founding partners were two major shipping/owning companies and Acomarit (acquired by V.Ships in 2001); all leading players in the shipping industry.
In a pro-active move towards seeking new efficiencies, the membership invited OneSea, IT and e-business pioneer, to join the association in 2000. (The latter subsequently merged with Seasupplier in 2001).
The current shareholding is held by V.Ships and SeaSupplier
Marcas' international membership continues to grow. Today's members include American Eagle Tankers, Atlas Maritime Ltd, BP Shipping Ltd, Brovigtank A/S, Efnav Company Ltd, EfShipping Co. S.A., Eletson Corporation, Forship - Corsica Ferries, Furtrans, General Maritime Management, Graig Ship Management, Hanseatic Lloyd AG, Mare Maritime Company S.A., Marseille Fret Compagnie Maritime, Portline Transportes Maritimos Internacionais SA, Portunato & C. SrL, Sea Tankers Management, SMIT Vessel Management Services and Societe National Maritime Corse Mediterranee. Marcas contracts on behalf of 1400 vessels with total contract value having exceeded USD 60 million in 2002.
Through it's global network and worldwide operations, Marcas has gained an excellent commercial reputation and is supported by an experienced and independent contracting team.
Marcas signs supply contracts with suppliers "as agent on behalf of members" and generates income through transparent brokerage fees.