Wilh. Wilhelmsen, SvitzerWijsmuller Join Forces

Friday, September 16, 2005
Abeer Marine Services (AMS), a company in the Wilh. Wilhelmsen group (WW) will establish a joint operating company with the Maersk-owned SvitzerWijsmuller (SW).

The joint company will be named Express Offshore Transport Pte. Ltd. (EOT). WW and SW will each own 50 percent. The company will be based in Singapore and have 80 shore based personnel. The company will be operational as of 1 November 2005 subject all relevant approvals being given.

The application for approval of the new joint company is being considered by the European Commission under the EC Merger Regulation.

- EOT will become a solid company which will be well-equipped to increase the quality and further improve the service vis-à-vis the customers, as well as ensuring that the increasingly high level of requirements from the authorities will be taken care of, says managing director Jesper T. Lok in SW.

EOT will after the merger deploy a fleet of 55 light supply vessels, ranging from 68 to 135 feet, of which 6 are under construction. The vessels will offer the oil industry in The Arabian Gulf and Asia offshore transportation of personnel and supplies to oil installations

- Together with SW, we look forward to further developing the company in a steadily growing market. EOT will be an important partner to the oil industry in the future, says senior vice president Arild B. Iversen in WW. Iversen is responsible for Wilhelmsen Offshore & Chartering AS, the WW company owning AMS.

EOT will be headed by managing director Diederik de Boer, who is appointed by SW. Arild B. Iversen from WW will be chair of the board.

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

People & Company News

US Navy Orders Demonstration Craft from Willard Marine

Willard Marine, Inc. (WMI) announced it has been selected through a solicitation process to supply a demonstration model of a new, advanced combatant craft for the U.

Alu Design to Create Next Generation of Marine Chairs

There’s a new designer in the driving seat at Alu Design. Per Ivar Selvaag, the former Lead Designer at BMW Group and Chief Designer of Peugeot’s concept car division,

Pink Lashings Raise Money for Breast Cancer Research

As the first Peters & May Pink Lashings shipment leaves Palma for Fort Lauderdale, the global marine transport company is calling all yacht owners to support its campaign to help raise £25,

Contracts

US Navy Orders Demonstration Craft from Willard Marine

Willard Marine, Inc. (WMI) announced it has been selected through a solicitation process to supply a demonstration model of a new, advanced combatant craft for the U.

Alu Design to Create Next Generation of Marine Chairs

There’s a new designer in the driving seat at Alu Design. Per Ivar Selvaag, the former Lead Designer at BMW Group and Chief Designer of Peugeot’s concept car division,

Total CEO Killed in Moscow Runway Accident

Private jet collided with snow plow during takeoff; Total's CEO a defender of Moscow policies. Insiders Boisseau and Pouyanne long seen as potential successors.

 
 
Maritime Security Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction
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: 0.1842 sec (5 req/sec)