After due consideration, The Maritime Group (International) and State 21 have decided to amicably dissolve their joint venture agreement.
The dissolution places both companies in a stronger position to focus on their core business goals as they each continue to grow.
Both TMG and State 21 will continue separately as private limited companies.
Hampshire-based State 21 is a resilience management consultancy delivering training, exercises and de-briefing at strategic, tactical and operational levels.
TMG will continue to provide maritime security services along with its other services including marine consultancy, ship management, brokerage and as PISR Deputy Registrar of Shipping, UK.
TMG and State 21’s JV achievements together included a top level presentation about coastal security to the influential All Party Parliamentary Group on Maritime and Ports at Westminster.
They part on good terms and may work together again in the future on various projects.