Havila Voyages Announces Leadership Appointments
Norway's Havila Voyages announced it has appointed Mette Øyen as its new chief marketing officer and Aleksander Røynesdal has started in the role of new chief financial officer.Røynesdal was hired in December but officially entered his new role March 1. He comes from the position of COO at Norgas Carriers and has extensive experience in the finance and capital markets within the shipping and maritime transport industry.Øyen is scheduled to start in her new role on September 1, 2024.
Teekay LNG Partners Launches New Multigas Pool
Teekay LNG Partners L.P. launched a new in-house commercial management for ethylene-capable liquefied petroleum gas (LPG) and small-scale liquefied natural gas (LNG) vessels. The Teekay Multigas Pool is expected to reach at least 12 vessels by the end of 2017, including third-party vessels, as well as the partnership’s seven directly-owned ethylene-capable LPG carriers, some of which are also capable of small-scale LNG shipping, from I.M Skaugen’s Norgas Carriers Pool. “This is the right time for Teekay LNG to bring commercial management of our seven ethylene-capable LPG carrier fleet in-house,” said Mark Kremin, President and CEO of Teekay Gas Group Ltd.
Skaugen Goes to Red Again
Norwegian Marine Transportation Service Company I.M. Skaugen SE reported interim losses but cautiously positive and expecting a gradual recovery of trading opportunities for long routes the petrochemical market. The gas carrier owner reported profit before and after tax of minus $ 5.1 million (loss) in Q2 2016. The same quarter a year ago profit before and after tax minus $ 0.5 million. Freight revenues amounted to $ 18.5 million in this year's 2nd quarter, against 15.7 million in last year. I.M. Skaugen SE’s (IMSK) core business is liquefied gas transportation. The fleet of 15 advanced gas carriers is operated in a revenue sharing pool managed by Norgas Carriers Pte Ltd.
New Director on Odfjell Board
Odfjell SE held a general meeting November 12, 2014 at which the nomination committee elected Annette Malm Justad as its new director of the board. Annette Malm Justad is a Norwegian citizen born in 1958. She has a master's degree in chemical engineering from the Norwegian Institute of Technology (NTH) and a master in technology management from MIT Sloan School of Management. She has a broad experience in logistics, marketing and purchasing within manufacturing and industrial shipping in Europe…
Detained Chemical Tankship a Safety Threat Say Operators
The ship 'Norgas Cathinka' remains detained in Indonesia following a September 2012 collision. In a statement, the operators, Singapore-based Norgas Carriers said that the ship, the Norgas Cathinka, was still carrying 3,045 metric tons of the highly flammable and explosive chemical propylene, which was vaporizing every day, creating a buildup of pressure in the cargo tanks. The Singapore-bound ship was ordered detained by Indonesian authorities after it collided with a passenger Ferry, the Bahuga Jaya, in the Sunda Strait on Sept. 26. Forty-three people on board the ferry are believed to have been killed when the ferry capsized after the accident, reports the Jakarta Globe.
Ferry Collides Head-On with Chemical Tankship Off Indonesia
Rescuers continue to search Indonesian waters for an unkown number of passengers missing from an Indonesian Ro-Pax ferry. More than 210 passengers and crew were rescued in the hours after the accident by ten 'Good Samaritan' merchant ships, but an unknown number are feared missing. Eight bodies have been recovered so far, and six people have been hospitalized. The ferry manifest listed 213 passengers and crew and 78 vehicles on the ferry, but manifests are often unreliable in Indonesia because tickets are sold onboard to passengers who are never registered, reports the Jakarta Post. The other ship involved in the accident, a chemical tankship owned by Singapore-based Norgas Carriers Pte. Ltd., was reportedly not seriously damaged.
I.M. Skaugen Completes Newbuild Program
I.M. Skaugen ASA, Oslo (IMSK) will take delivery of its sixth vessel in the newbuilding program, MV "Norgas Napa", on October 31, 2003. The vessel is built by the Hudong - Zhonghua Shipbuilding Group in Shanghai, China. The successful completion of the newbuilding program combined with the new alliance with A.P. The Norgas fleet currently consists of 19 gas carriers (18 with ethylene carrying capacity) has about 150,000 cbm capacity. The age of the Norgas fleet have with these new vessels been reduced to an average of 16 years. The total delivered cost (incl. of all pre delivery cost such as supervision and financing cost during construction) is about $21.5 million per vessel.
