Seatankers Group News

Denmark-based maritime safety, data collection and ship performance monitoring company Danelec Marine reports it has completed a turnkey project from installation to commissioning of a cloud-connected ship performance monitoring solution on +120 merchant ships operated by SeaTankers Group (Frontline, Golden Ocean Group, SFL Corp, Avance Gas, FlexLNG).The solution, which combines Danelec’s Kyma Shaft Power Meter, Vessel Remote Server (VRS) and DanelecConnect maritime IoT infrastructure…

Norwegian-born billionaire John Fredriksen appointed a hedge fund manager on Friday as next head of his family's key holding company, which controls assets ranging from oil tankers and rigs to real estate, fish farming, and finance.Fredriksen, 76, said Tor Andre Svelland, 53, will become chief executive of Seatankers Group, top shareholder of world number one salmon producer Mowi, tanker firm Frontline and offshore driller Seadrill.Seatankers also controls dry bulk shipper Golden Ocean and real estate firm Norwegian Property…

Norwegian-based PG Flow Solutions said on Wednesday it has secured orders to supply large liquid-cargo systems and associated equipment for two multipurpose support vessels (MPSV) being constructed in China for an undisclosed shipowner.Under the contract with Fujian Mawei Shipbuilding, theliquid handling and pump specialist said it will supply a comprehensive hydraulically driven cargo system with pumps, mud agitators, hydraulic power pack and control system to each of the two vessels.

Seadrill Limited announced today that Carl Erik Steen has resigned from the board of directors with immediate effect. Filling the position is Ørjan Svanevik, who was appointed by the board of directors to fill the vacant position starting immediately. Svanevik is an employee of the Seatankers Group and was previously managing director for the investment advisory firm, Oavik Capital. Prior to Oavik, he was head of M&A and a partner at Aker ASA, and COO and EVP of Kværner ASA. Svanevik also worked nearly a decade in corporate advisory and investment banking. He started his career at Schlumberger, where he held various international financial management positions. Svanevik has an AMP from Harvard Business School and a MBA from Thunderbird.

On January 27, 2014, three weeks after the last delivery in the Seatankers twelve series, Zhejiang delivered the seventh platform supply ship, Sea Spider, to the Seatankers Group. All twelve PSVs are designed by Ulstein. Sinopacific’s Zhejiang yard in Ningbo, China, entered into a contract with Ulstein for the delivery of twelve design packages for platform support vessels of the PX105 design for Seatankers Group. The first delivery was in Q1 2013. The PX105 designed vessels are considered as large PSVs.

The third Ulstein designed platform supply vessel of the PX105 design for Seatankers, Sea Forth, was delivered on August 16, 2013 from the Zhejiang yard in Ningbo. Ulstein delivers twelve design and equipment packages to the Chinese yard, where all the vessels for Seatankers Group will be constructed. The packages include design, engineering and equipment supplies. The ships comply with the DNV requirements of the Clean or Clean Design standards. The ship is designed with the patented X-BOW hull line design.

Sinopacific’s Zhejiang yard in Ningbo, China, has entered into a contract with ULSTEIN for the delivery of twelve design packages for platform support vessels of the PX105 design for Seatankers Group. “Seatankers Group is a new customer for ULSTEIN”, says Managing Director Sigurd Viseth at Ulstein Design and Solutions AS, “and we are very happy that the company chooses our designs. We strongly believe that they will find these to be cost-effective and excellent vessels”. “In total since 2007…