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

People & Company News

ClassNK Holds LNG Fuel Technologies Seminars

ClassNk held LNG-Fuelled Vessel Technologies seminars in Shanghai and Singapore on 22 July and 24, July 2014, respectively. With the industry looking to adopt

USCG Change of Command in Galveston

A Coast Guard lieutenant commander and graduate of Hastings High School in Houston, took command of Maritime Safety and Security Team Galveston during a ceremony in Galveston Thursday.

Miller Rejoins TITAN as Salvage Master

Captain Stuart Miller has rejoined Crowley Maritime Corporation’s TITAN Salvage operations team as salvage master, bringing with him over 30 years of worldwide,

Contracts

Hamburg Süd to Acquire CCNI Liner Service

Compañía Chilena de Navegación Interoceánica S.A. (CCNI) with headquarters in Valparaiso, Chile, and Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft KG (HSDG) with headquarters in Hamburg,

Asia VLCC Rates Could Nudge Higher on Activity

Rates for very large crude carriers (VLCCs) on key Asian freight routes could hold steady or gain next week as charterers seek to complete their vessel chartering

Star Bulk Takes Delivery of First Capesize from JMU

Athens, Greece-headquartered Star Bulk Carriers says it has taken delivery of 'M/V Peloreus' a 182,000 dwt Capesize built by Japan Marine United (“JMU”) and the

 
 
Maritime Contracts Maritime Security Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Ship Electronics Shipbuilding / Vessel Construction Sonar
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: 0.1392 sec (7 req/sec)