BW Fleet Management Repair Deal at ASRY

Thursday, May 28, 2009

Tanker operator, BW Fleet Management, expanded its Fleet Repair Agreement with ASRY’s Bahrain yard. The new repair agreement was signed by Morten Steen Martinsen, managing director of BW Fleet Management and Chris Potter, CEO of ASRY, in April in Bahrain.  The Norwegian company, which operates out of both Oslo and Singapore, manages a fleet of more than 90 vessels operated by BW Gas and BW Maritime, and the ASRY repair agreement involves those crude oil tankers, product tankers and LPG carriers that trade to the Arabian Gulf, giving guaranteed dock space and fixed rates.  It could see 14 vessels repairing at the Bahrain yard and is the largest fleet repair agreement currently at ASRY.

BW ships have been coming to ASRY since the yard’s early days. Bergesen, as the company was then known, has been drydocking in Bahrain since 1980 and signed its first fleet agreement in 1999.  The first four vessels to be drydocked and repaired under the new agreement will be the 1985-built Very Large Gas Carrier (VLGC) Berge Racine, the 1991-built VLGC BW Captain; the 285,739 dwt crude oil tanker BW Nile (to be renamed BW Elbrus), and the 2007-built product tanker BW Columbia, 76,604 dwt.  All four vessels are due to be repaired between July and October this year.

During the past 16 months ASRY repaired a total of five vessels from BW Fleet Management, all LPG carriers: the 1986-built, BW Ragnhild; the 1984-built, BW Rachel (drydocked twice), the 1983-built, Berge Frost and the 1980-built, Havrim.

Established at the beginning of 2009, at the same time that BW Shipping was renamed BW Maritime as part of an internal reorganization to leverage strengths across the BW Group, BW Fleet Management is responsible for the ship management of vessels owned by BW Gas, BW Maritime and other companies within the BW Group. It combines the technical expertise of the tanker and gas ship management teams in both Oslo and Singapore and provides services within technical management, crewing, newbuildings and special projects.

The tanker assets are managed from BW Fleet Management’s Singapore office, while the gas carrier fleet comes under the wing of the Oslo office.

Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

New Australian Navy Submarines to be Japan Built?

Australia should discuss building its next-generation fleet of submarines overseas, the Department of Defence said on Monday, a shift that could open the door to

Russian Navy Expansion Gathers Momentum

The Russian Navy celebrates its professional holiday by putting two new submarines into service and expects a new warship in the fall and several additional ships

Three Share in Navy US$96.8-M Twin-Ship Modernization Contract

The U.S. Department of Defense informs that AMSEC LLC; CDI Marine Co. LLC; and Q.E.D. Systems Inc., (all located in Virginia Beach, Virginia) are each being awarded a cost-plus-fixed-fee/cost-only,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Navigation Offshore Oil Pod Propulsion Port Authority Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1592 sec (6 req/sec)