£20M Business Wins for North Star Shipping

Wednesday, September 07, 2011
Callum Bruce, Northstar MD

North Star Shipping, a division of the family-owned global shipping and energy services firm - Craig Group, has secured in excess of £20 million in new business and the renewal of existing contracts.

The company which provides offshore support vessels to the offshore industry has won a new contract with the largest operator of Floating Production, Storage and Offloading (FPSO) vessels in the North Sea. Under the new contract with Norwegian owned Teekay Petrojarl (part of the Teekay Corporation), North Star Shipping will provide emergency response and rescue services using the Grampian Ranger vessel and her crew to support the Petrojarl Banff FPSO in the Central North Sea from 2011 to 2014.

North Star has also renewed a rolling contract with Marathon which will see the Grampian Courageous and Grampian Protector continue to support their operations in the Brae Field. The company’s contract with CNR International in support of the Murchison and Tiffany locations, involving the vessels the Grampian Otter and Grampian Pioneer, has also been renewed on a rolling basis. North Star Shipping owns and operates the largest British wholly-owned fleet engaged in the UK Offshore Industry.

Over the years, North Star’s vessels and crew have saved more than 70 lives in the North Sea and its clients rely on its support for their operations in one of the most hostile environments. This continuous level of support is provided 365 days a year, 24 hours a day, to more than 46 installations. Callum Bruce, managing director of North Star, said: “We are delighted to have secured our first contract with Teekay Petrojarl and are confident this relationship will develop over the next four years.

“Equally, it is very pleasing to have retained contracts with Marathon and CNR with whom we have long-standing relationships. “These awards cement our position as a leader in the provision of vessels to support the UK offshore industry and its employees, as well as showing our commitment to meeting the needs of clients. “Through continuous investment in our people, infrastructure and vessels, we are demonstrating our commitment to them with a service that is driven by safety and quality.”

Craig Group has invested a further £35million in its fleet in the last year, which will see the delivery of four new ‘D-Class’ ERRVs . The first of the emergency response and rescue vessels, the Grampian Don, was recently launched at the Balenciaga Shipyard in Northern Spain with the other three expected to enter service in 2012. This £35million investment follows on from a £130million programme by the Craig Group, which began in 2003 and was completed with the delivery of the Grampian Citadel late last year. The Craig Group fleet, operated by North Star, now stands at 31 vessels.
 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Costa Concordia Captain's Sentence Upheld

The prison sentence against the former captain of the Costa Concordia cruise liner for his role in the deadly 2012 shipwreck was upheld on Tuesday by an Italian court.

Partners Target Improved Maritime Efficiency

On May 25, 2016, The University of the West Indies Arthur Lok Jack Graduate School of Business (UWI-ALJGSB) together with the Trinidad and Tobago Shipbuilding &

MSHS Group President Recognized for Safety Leadership

Signal Mutual Indemnity Association, a self-insured group provider of Longshore benefits, presented MSHS President Are Friesecke with the Francis R. Sharp Executive

Contracts

Asian Traders Unload Floating Gasoline as Market Flips

Gasoline shifted from tankers to landed storage or sold off; forward gasoline prices to flip to backwardation from July. The number of tankers storing gasoline

Bulgaria, Greece to Consider Greek LNG terminal

Bulgarian state energy holding company BEH and Greek natural gas company Gastrade have set up a joint task force to prepare a proposal to build an off-shore liquefied

Harding Sold to Palfinger

The PALFINGER Group has signed today the acquisition of 100 per cent of the shares in Herkules Harding Holding AS and thus, the globally operating Harding Group.

Offshore

EU Ships in Libyan Waters Would Undermine Tripoli Govt

The U.N.-backed government in Libya has not invited European ships into its territorial waters to help stop people smuggling because this could harm efforts to

Mothballed Vessels SE Asia Reflect Oil Slump Pain

Around 1,300 offshore support vessels lying idle worldwide. Not everyone in shipping is bemoaning the industry's worst crisis in living memory: a cluster of

Mermaid Maritime Bags Subsea Contracts, Delays Newbuilding

Thailand’s Mermaid Maritime said it has been awarded a number of subsea contracts in the Middle East with a total worth of $11million.   It has also reached

Finance

Baltic Index Up On Higher Capesize Demand

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Tuesday helped by an increase in demand for capesize vessels.

Mothballed Vessels SE Asia Reflect Oil Slump Pain

Around 1,300 offshore support vessels lying idle worldwide. Not everyone in shipping is bemoaning the industry's worst crisis in living memory: a cluster of

Asian Traders Unload Floating Gasoline as Market Flips

Gasoline shifted from tankers to landed storage or sold off; forward gasoline prices to flip to backwardation from July. The number of tankers storing gasoline

Energy

Mothballed Vessels SE Asia Reflect Oil Slump Pain

Around 1,300 offshore support vessels lying idle worldwide. Not everyone in shipping is bemoaning the industry's worst crisis in living memory: a cluster of

Asian Traders Unload Floating Gasoline as Market Flips

Gasoline shifted from tankers to landed storage or sold off; forward gasoline prices to flip to backwardation from July. The number of tankers storing gasoline

Bulgaria, Greece to Consider Greek LNG terminal

Bulgarian state energy holding company BEH and Greek natural gas company Gastrade have set up a joint task force to prepare a proposal to build an off-shore liquefied

Maritime Security

Kvichak Delivers for the NYPD

Kvichak Marine Industries informs it continues to expand production of its high performance vessel line with delivery of another Response Boat - Medium Commercial   Kvichak,

EU Ships in Libyan Waters Would Undermine Tripoli Govt

The U.N.-backed government in Libya has not invited European ships into its territorial waters to help stop people smuggling because this could harm efforts to

China to "Pressure" U.S. on Maritime Issues

China will "pressure" the United States on maritime issues at talks in Beijing next week because of Chinese concern about an increased U.S. military presence in the disputed South China Sea,

Maritime Safety

Coast Guard to Remove Some Navigation Aids in Virginia

The U.S. Coast Guard is scheduled to discontinue 166 navigational aids within the Virginia Inside Passage (VIP) due to shoaling and other navigational safety concerns throughout the area.

MSHS Group President Recognized for Safety Leadership

Signal Mutual Indemnity Association, a self-insured group provider of Longshore benefits, presented MSHS President Are Friesecke with the Francis R. Sharp Executive

ABB Software to Monitor Cosco Heavy Transport Fleet

ABB, a power and automation technology group, will supply its onboard motion monitoring and forecasting system to the Xiang Rui Kou heavy lift vessel, meaning the

 
 
Maritime Contracts Maritime Security Navigation Pod Propulsion Port Authority Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | 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: 0.2149 sec (5 req/sec)