Goh Tapped as PIL's General Manager, Fleet Division
Pacific International Lines (PIL) appointed Goh Chung Hun as General Manager, Fleet Division, effective from February 1, 2021, succeeding Captain R.S. Minhas from 15th February 2021. Goh will be overseeing the management of PIL's fleet, including technical, marine operations, safety and crewing at PIL.Goh brings nearly 30 years of fleet management, technical, marine operations and seafaring experience. Prior to joining PIL, he was Director (Shipping) / Director (Marine) at the Maritime and Port Authority of Singapore (MPA)…
Seacor Announces JV with Cosco Shipping Affiliates
Offshore services vessel operator SEACOR Marine Holdings Inc. said it has formed a jointly owned company with affiliates of the world’s largest ship owner, COSCO Shipping Group. The Marshall Islands company, SEACOSCO Offshore LLC, entered into contracts for the purchase of eight Rolls-Royce designed new construction platform supply vessels (PSV) from COSCO Shipping Heavy Industry (Guangdong) Co., Ltd. Six of the PSVs are of UT 771WP design (4,400 tons deadweight), and two are of UT 771CD design (3,800 tons deadweight).
Gulf Energy Maritime Expands; adds Aframax
Delivery of second Aframax Vessel cements GEM’s optimistic stance in oil tanker industry. Gulf Energy Maritime (GEM) continues to expand its fleet to better serve its regional and international customers with the delivery of Gulf Valour, its second Aframax vessel. After two months since the delivery of Gulf Vision, their first Aframax vessel, GEM received Gulf Valour, which was also built by Samsung Heavy Industries. Standard Chartered arranged a Korean Export Credit Agency (ECA) to back the vessel’s financing.
Second Aframax Tanker Delivered to Gulf Energy Maritime
Gulf Energy Maritime (GEM) continues to expand its fleet, with the delivery of Gulf Valour, its second Aframax vessel. After two months since the delivery of Gulf Vision, its first Aframax vessel, GEM received Gulf Valour, which was also built by Samsung Heavy Industries. Standard Chartered arranged a Korean Export Credit Agency (ECA) to back the vessel’s financing. The delivery of GEM’s second Aframax vessel reflects GEM’s leadership of responding to the market’s requirement as the industry gradually improves from the impact of the global financial crisis.
Seaarland, Roxana Establish Tanker Pool
Seaarland Shipping Management and Athens-based Roxana Shipping have established a new pool for LR1 tankers. The Global Tanker Pool will be operated from Seaarland’s Asian arm, Seaarland Management Services Singapore, and has commenced operations with six modern LR1 tankers. The pool manager is Karl Arthur Braein, previously head of chartering in Asia-Pacific for ConocoPhillips. Antonio Zacchello, managing director of Seaarland said, “We have committed five new, owned ships and one chartered ship shared with Roxana to the pool, and Roxana has committed four ships with delivery starting by the end of 2009. We aim to attract other long-term-minded owners/operators of LR1 tankers and build the pool to around 20 vessels.
GEM Places Aframax Tanker Orders
Gulf Energy Maritime (GEM), the Middle East's largest independent commercial product tanker operator, has awarded South Korea’s Samsung Heavy Industries Co. Ltd (SHI) a $160m contract for building of two high specification double-hulled Aframax tankers – the first in GEM’s growing fleet. These Aframax tankers to be delivered before end of 2011 are to be named as Gulf Vision and Gulf Valour. The two fully coated vessels with a capacity of 114,700 DWT each are of Long Range 2 (LR2) specification – capable of carrying both clean petroleum products and dirty products such as crude and fuel oil.
GEM's Gulf Esprit Named
The $55mGulf Esprit - the first of 13 double-hulled tankers ordered by Dubai-headquartered Gulf Energy Maritime (GEM), the Middle East's largest independent commercial product tanker operator - has been named at Korea's Hyundai Mipo Dockyard. The 47,000 dwt Gulf Esprit is the seventh double-hulled tanker in GEM's rapidly growing fleet - now one of the youngest in the world. The company is to receive another 12 hi-specification vessels with an order book value of USD 570 million by 2009 end. Delivery of the Gulf Esprit, which will go into time charter with Oman Methanol Company, a subsidiary of Oman's giant OMZEST Group, on a 15-year deal, takes GEM's asset value to $1.1b.
