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Van Ommeren News

20 Jan 2022

Eagle Bulk CEO Gary Vogel Named CMA Commodore

Gary Vogel, Chief Executive Officer of Eagle Bulk Shipping Inc. (Photo: Eagle Bulk Shipping)

Gary Vogel, chief executive officer of Eagle Bulk Shipping Inc., has been named as the Connecticut Maritime Association (CMA) Commodore for the year 2022.The 2022 Commodore Award, given each year to a person in the international maritime industry who has contributed to the growth and development of the industry, will be presented on March 31, at the Gala Dinner marking the conclusion of the annual Connecticut Maritime Association conference and expo, in Stamford, Conn..Vogel has served as CEO and director of Eagle Bulk Shipping Inc. (NASDAQ: EGLE) since September, 2015.

01 Jul 2015

Team Tankers Appoints Hans Feringa as President and CEO

Team Tankers International Ltd has appointed Hans Feringa as new President and CEO. Feringa is the former President of Stolt Tankers, a division of Stolt-Nielsen Limited. He succeeds Jens Grønning, who has left the Company. "Under Jens' leadership, Team Tankers completed a comprehensive financial restructuring and established a solid operational model," said Morten Arntzen, Team Tankers Executive Chairman. "We are delighted that Hans will now be leading Team Tankers as the company focuses on growth and expansion. Hans brings unequalled industry experience and an outstanding track record of success. His insights and experience will drive Team Tankers' strategy to excel at serving our clients and their markets in the years ahead," he added.

10 Feb 2004

News: China Preps To Take World Lead

Rapidly rising prices for steel plate in China may be taking the edge off the financial performance at some Chinese shipbuilders. But it will take a lot more than that to undermine shipyards' dramatic expansion plans aimed at ensuring the country's builders produce more ships than any other nation by 2015. In the short run, however, the country's relatively inexperienced builders seem to have failed to read the steel supply signs. They have found themselves caught out by a number of factors driving up ship steel prices. These have risen by almost 60% over the last 30 months or so and now stand close to $400 a ton. On the one hand, soaring…

06 Jul 1999

Dutch Shippers Pakhoed, Van Ommeren To Merge

Pakhoed NV and Koninklijke van Ommeren reportedly plan to merge into a European powerhouse with $3.43 billion in annual sales.

19 Jul 1999

Van Ommeren, Clipper In Dry Freight Venture

Van Ommeren, due to merge with domestic rival Pakhoed, announced its Van Ommeren Shipping venture will combine dry freight operations with those of Clipper Group in a new joint venture.

13 Jun 2000

FGH Finalizes $82 Million in New Contracts

Friede Goldman Halter, Inc. (FGH) finalized contracts totaling $82 million. The contracts call for the construction of a $70 million cargo vessel and the design and construction of 22 shipboard cargo cranes. Halter Marine, Inc., the vessel construction division of FGH, will build a $70 million car carrier for Pasha Hawaii Transport Lines. The 579-ft. Pure Truck Car Carrier will transport more than 4,000 automobiles between destinations on the Pacific coast. Pasha Hawaii Transport Lines is a joint venture between The Pasha Group and Van Ommeren Shipping USA, which will operate the vessel. The ship's Jones Act compliance will enable it to operate between U.S. West Coast ports and Hawaii as well as serve foreign ports.

25 Aug 2000

Vopak Shares Hit Low

Shares in Dutch shipping and tank storage firm Vopak fell to a two-month low in early trade on Friday on poor earnings, a weak outlook and disappointing merger synergies. By 0734 GMT the stock was off almost nine percent at 22.90 euros, having earlier touched a bottom of 22.70 euros, making it the biggest percentage loser on the Amsterdam bourse. "Vopak said the merger synergies would be postponed, so the merger is not delivering results on the upside. That's a negative sign," said Wouter van Baal, senior account manager at Eureffect. Vopak, formed in November 1999 through the merger of Dutch sector peers Van Ommeren and Pakhoed, said it would not achieve the targeted merger synergies of 20 million euros this year, but these would reach 50 million euros by 2002.

27 Oct 2000

Halter Lays Keel For PCTC

Pasha Hawaii Transport Lines (PHTL), which is building a Jones Act Pure Car and Truck Carrier, at Halter Marine, reported that an important step in the creation of the ship - the keel laying - had taken place at Halter Marine. At a partners' meeting held October 25, PHTL announced that on September 21 Halter Marine, Inc., under international standards, completed fabrication of the required percentage of the total hull weight of PHTL's new-build vessel --enabling the official laying of the ship's keel. Vessel construction began in mid-June 2000. In early January, 2001, The Pasha Group-Van Ommeren Shipping Joint Venture will host a ceremonial celebration with Halter management and personnel to mark the setting of the first assembly on the shipway at Halter's yards in Pascagoula, Mississippi.

12 Dec 2000

Halter Gets Second PCTC Order

Pasha Hawaii Transport Lines LLC (PHTL), the joint venture of The Pasha Group and Van Ommeren Shipping (USA) LLC, have exercised their option with Halter Marine for the construction of a second U.S.-built Jones Act Pure Car and Truck Carrier. According to George W. The Hawaii/Mainland trade currently generates over 150,000 vehicles per year. A second vessel, which will be a sister ship to the 13,000-dwt vessel under construction at Halter Marine in Pascagoula, Miss., will enhance the service offering of PHTL by providing increased frequency and superior reliability. This first vessel has a capacity for 4,300 vehicles and Pasha notes, "PHTL's second ship will enable the line to handle a significant segment of this market.

11 Dec 2000

Halter Gets Second PCTC Order

Pasha Hawaii Transport Lines LLC (PHTL), the joint venture of The Pasha Group and Van Ommeren Shipping (USA) LLC, have exercised their option with Halter Marine for the construction of a second U.S.-built Jones Act Pure Car and Truck Carrier. According to George W. The Hawaii/Mainland trade currently generates over 150,000 vehicles per year. A second vessel, which will be a sister ship to the 13,000-dwt vessel under construction at Halter Marine in Pascagoula, Miss., will enhance the service offering of PHTL by providing increased frequency and superior reliability. This first vessel has a capacity for 4,300 vehicles and Pasha notes, "PHTL's second ship will enable the line to handle a significant segment of this market.

22 Dec 2000

Halter Gets Second PCTC Order

Pasha Hawaii Transport Lines LLC (PHTL), the joint venture of The Pasha Group and Van Ommeren Shipping (USA) LLC, have exercised their option with Halter Marine for the construction of a second U.S.-built Jones Act Pure Car and Truck Carrier. According to George W. The Hawaii/Mainland trade currently generates over 150,000 vehicles per year. A second vessel, which will be a sister ship to the 13,000-dwt vessel under construction at Halter Marine in Pascagoula, Miss., will enhance the service offering of PHTL by providing increased frequency and superior reliability. This first vessel has a capacity for 4,300 vehicles and Pasha notes, "PHTL's second ship will enable the line to handle a significant segment of this market.

15 Mar 2001

Vopak Sells Stake In Heavy Transport Group

Dutch-based chemical distribution and storage company Vopak NV said on Thursday it had sold one third of its 30 percent stake in unit Heavy Transport Group NV to unlisted Dutch partner Heerema. The transaction will generate a book profit of about 20 million euros ($18.15 million), which will be included in the 2001 results as an extraordinary gain, Vopak said in a brief statement. Last week, the group said it planned to trim its ownership in the shipping sector. Vopak was formed in November 1999 through the merger of Dutch sector peers Van Ommeren and Pakhoed NV. - (Reuters)

25 Jun 2002

Strong Virginian Docks at A&P Southampton

A&P Southampton has recently completed dry docking and repairs aboard the heavy lift ship, Strong Virginian, a vessel owned by Van Ommeren Shipping (U.S.) LLC. The 21,541dwt vessel arrived for dry docking on May 27 following a period alongside in Marchwood Military Port, where she was demobilized prior to refit. A team from A&P Southampton assisted with the demobilization which included releasing sea fastenings and providing support to the ship's staff for removal of US Army landing craft. During this period, emergency repairs were carried out to the electrical supply equipment to the vessel's bow thruster including the supply, installation and commissioning of major switchboard components.

11 Sep 2007

Feringa Named President of Stolt Tankers & Terminals

Stolt-Nielsen announced that Hans Feringa has been appointed President of Stolt Tankers & Terminals as of December 1, 2007. Hans Feringa will succeed Otto Fritzner, who will be retiring, as planned, from the Company at the end of the year. Hans Feringa has been Managing Director of Tanker Trading at Stolt Parcel Tankers Division since 2003. Prior to this he was Managing Director of Stolthaven Terminals Division (2000 to 2003) and Asia Pacific Regional Director, Stolthaven Terminals Division (1996 to 2000). Before joining Stolt-Nielsen S.A. in 1996, he was Commercial Director of Van Ommeren's Tank Terminal at Botlek, Rotterdam. He gained an MBA in 1987 from Rotterdam School of Management, Erasmus University prior to joining Van Ommeren.

10 Sep 2007

Stolt-Nielsen Names Feringa as President of Stolt Tankers and Terminals

Stolt-Nielsen S.A. said that Hans Feringa has been appointed President of Stolt Tankers & Terminals as pf December 1, 2007. Hans Feringa will succeed Otto Fritzner, who will be retiring, as planned, from the Company at the end of the year. Feringa has been Managing Director of Tanker Trading at Stolt Parcel Tankers Division since 2003. Prior to this he was Managing Director of Stolthaven Terminals Division (2000 to 2003) and Asia Pacific Regional Director, Stolthaven Terminals Division (1996 to 2000). Before joining Stolt-Nielsen S.A. in 1996, he was Commercial Director of Van Ommeren's Tank Terminal at Botlek, Rotterdam. He gained an MBA in 1987 from Rotterdam School of Management, Erasmus University prior to joining Van Ommeren.

26 Apr 2001

Vopak To Sell Bitumen Fleet

Dutch-based chemical distribution and storage company Vopak NV said it signed a memorandum of understanding to sell its bitumen fleet to Swedish Tarbit Shipping AB. No financial details of the planned sale were released. Vopak had earlier said the bitumen fleet member Theodora Tanker no longer fitted with its strategy. Earlier this year Vopak sold one-third of its 30 percent stake in unit Heavy Transport Group to unlisted Dutch partner Heerema. Vopak was formed in November 1999 through the merger of Dutch sector peers Van Ommeren and Pakhoed NV. - (Reuters)

22 Oct 1999

Shipping Industry To Face 'Famine'

The shipping industry faces lean times or worse over the next few years, industry experts said at a round table discussion. "I don't see any fat times ahead. I see lean times and perhaps famine," said Alexandros Kedros, a director of Greek company Halkidon Shipping. "It will not be easy... the ability to create assets (ships) will continue to undermine ability to earn a good return on operating those assets," said Peter Stokes head of research at investment bank Lazard Capital Markets. Stokes said most of the shipping industry was not large enough to attract public financial backing and was unable to make adequate returns on capital in the bulk and container sectors.

25 Feb 2000

Vopak Reports '99 Net Down, Eyes Improvement

Dutch shipping and tank storage firm Vopak NV reported that its ordinary net profit fell by 5.3 percent in 1999, but said it expected improvements this year. Net profit from ordinary activities fell to $163.2 million, from $174.4 million in 1998, roughly in line with analysts' forecasts and earlier indications from the company of a five to 10 percent drop. The weakness was largely due to a drop in earnings at Tanker Shipping as excess capacity pressured rates. Total group net profits fell to $105. 3 million from $170 million, after $51.7 million of one-off charges mostly related to last year's merger. Vopak, the world's largest oil and chemical storage firm, was formed last year through the combination of Dutch rivals Van Ommeren and Pakhoed.

05 Nov 1999

Happy Birthday, Vopak: Worlds Largest Chem Shipping Company Born

After years of courting, Pakhoed NV and Van Ommeren formally became the world's largest chemical shipping, tank storage and logistics group last Thursday with the launch of Vopak shares on the Amsterdam bourse. The shares started trading at $24.84 (26.05 euros) and closed at a session high of 27 euros, giving the new company a market capitalization of $1.46 billion (1.396 billion euros). "We don't expect any spectacular movements in the share price" in the short term, said SNS Securities analyst Okko de Jager, who has a "buy" recommendation on the shares. The on-again, off-again merger of the former rivals has created a giant with deep pockets - estimated at one billion euros - and market commanding positions in Europe and the U.S.

04 Nov 1999

Vopak, Worlds Largest Chem Shipping Company Born

Pakhoed NV and Van Ommeren - after years of toying with the idea of consolidation - have formally become the world's largest chemical shipping, tank storage and logistics group with the launch of Vopak shares on the Amsterdam bourse. The shares started trading at $24.84 (26.05 euros) and closed at a session high of 27 euros, giving the new company a market capitalization of $1.46 billion (1.396 billion euros). With more than 90 terminals, Vopak will hold about 30 percent of the world market in independent tank storage in addition to its market leading position in U.S. chemicals distribution and number two position in the European market, with an estimated overall worldwide market share of about five percent.