Osm News

Port of Aberdeen's Shore Power Project to Dramatically Cut Vessel Emissions

Port of Aberdeen said Thursday it had been awarded funding from the UK Government for a multi-million-pound project to design and deliver the first large-scale landside and vessel-side shore power system in Scotland."The demonstrator project will cut vessel emissions at the berths by more than 80% compared with burning marine fuel and save in excess of 60,000 tonnes of CO2 equivalent over the next 20 years," Port of Aberdeen said.Crucially, the port said, ‘Shore Power in Operation’ will pave the way for the roll-out of green shore power across North Harbour.

Singapore Announces Maritime Scholarship Awards

At an award ceremony in Singapore this week, 60 MaritimeONE Scholarships and seven Tripartite Maritime Scholarships (TMSS) were presented, sponsored by 34 partners from industry, foundations, and unions.The number surpassed last year’s award of 54 scholarships by 27 partners. More companies have come onboard to support MaritimeONE Scholarships in recent years, reflecting the focus on talent development by Maritime Singapore. To date, 584 MaritimeONE Scholarships, with a sponsorship value of $16 million have been awarded since the program started in 2007.Besides maritime-related courses…

OSM Thome and PGS Collaborate on Ammonia-Fuelled Vessels

Norwegian companies OSM Thome and Pherousa Green Shipping (PGS) have entered into a Letter of Intent outlining their collaboration on six 63,000dwt Ultramax bulk carriers to be ordered by PGS.The collaboration involves Phases I, II, and III, encompassing Drawing Approval, Project Development, and Site Supervision. Furthermore, OSM Thome will manage the crew and technical management of the constructed vessels.PGS, established in 2023, is in the process of initiating the order for these zero-emission vessels, designed by Deltamarin in Finland.

Heroic Idun Released from Nigeria

The Nigerian Navy announced the release of the VLCC Heroic Idun on Saturday, and the crew and vessel are now reportedly sailing for South Africa.The navy said the “grave infractions” of the vessel were prosecuted by the Federal Government of Nigeria at the Federal High Court, Port Harcourt on January,10 2023. The 26 foreign crew pleaded guilty and elected voluntarily to enter into a plea bargain that involved paying fines and making an apology to the Federal Republic of Nigeria…

OSM Maritime Group and Thome Group Get Merger Approvals, Creating a Ship Management Giant

OSM Maritime Group and Thome Group have received approvals from competition authorities to merge and create one of the world's largest ship management companies.The merged company, OSM Thome, says it will be a powerhouse in the international ship management market, represented in 22 countries and headquartered in Arendal, Norway.Finn Amund Nordbye CEO of OSM Thome said: "This is a big day for OSM Thome. Our merger is now formally and finally approved. The merged company combines proud traditions with high ambitions.

OSM Maritime and Thome Agree to Merge

OSM Maritime Group and Thome Group have agreed to a merger that will create one of the world's largest ship management companies.The combined company OSM Thome will be headquartered in Arendal, Norway, with technical management hubs maintained in Singapore and Europe. Today, the two companies manage 1,000 ships in different segments such as tank, bulk, container, car carriers, cruise ships and offshore vessels and units, whereof 450 ships on full technical management, and 550…

Detained Oil Tanker in Equatorial Guinea to Return to Nigeria

An oil supertanker accused by Nigerian authorities of attempting to illegally load crude before leaving its territorial waters is on its way back to the country, a Nigerian Navy spokesman told Reuters on Friday.At the request of Nigerian authorities, Equatorial Guinea detained the Heroic Idun, a vessel capable of carrying 2 million barrels of oil, on Aug. 17 for sailing without an identifying flag, fleeing from the Nigerian navy and sailing in Equatorial Guinean waters without prior authorization.Nigerian officials said Messrs.

Argeo Charters Argeo Searcher Vessel

Argeo, a Norwegian autonomous underwater vehicle provider, has signed a 5-year bareboat contract for the vessel Argeo Searcher (former Ocean Pearl), with an option to purchase the vessel for $2 million after 12 months and $1 million after 27 months. The vessel is expected to be delivered to the company on December 10, 2022."The international expansion of Argeo means contracts are significantly larger, with longer duration, and therefore require predictability in our operational value chain.

SafeNav: New Collision Prevention Solution Unveiled

The SafeNav (Safer Navigation) maritime safety project, co-funded by the European Commission and UK Research and Innovation (UKRI), was officially launched on September 1.The EUR 8 million project aims to beat a path towards safer and more secure bridge navigation today while moving toward tomorrow’s world of remote operations and autonomous shipping. “The ambition and objective of the project is to develop and test a highly innovative collision-prevention solution that will significantly reduce the probability of collisions and groundings…

LR Names Abi-Saab Chief Technology and Innovation Officer

Lloyd’s Register (LR) has appointed Chakib Abi-Saab to its newly created role of Chief Technology and Innovation Officer (CTIO). Abi-Saab, who was previously with Bahri (formerly known as the National Shipping Company of Saudi Arabia) as their Chief Technology Officer, joins LR with considerable expertise in technology and digital enablement from both maritime and the oil and gas industry. Before his time with Bahri, Abi-Saab held executive roles at ship management company OSM, offshore energy provider Bumi Armada and Oil and Gas Services provider Baker Hughes.

Norway's OSM Maritime Buys New Zealand's Kingston Offshore Services

Norway's offshore and maritime services provider OSM Maritime (OSM) has bought New Zealand’s oil and gas and offshore marine service firm Kingston Offshore Services. "The acquisition was completed on June 30th and aims to further strengthen OSM’s current operations and services in Oceania," OSM said.The company’s founder, Kurt Aldam will become part of OSM, in the organization that will be headed by OSM’s Oceania MD, Casey Munyard. "Both our existing and our potential customers will enjoy access to a large seafarer crew pool which is supported by a globally leading organization.

ADS Maritime Holding Buys Into Equinor-bound Shuttle Tanker Quarter

ADS Maritime Holding has agreed to acquire a 5 % shareholding in AET Sea Shuttle AS and AET Sea Shuttle II AS, the owners of four modern shuttle tankers operating in the North Sea, mainly on long term charters to Equinor. The vessels are Eagle Blane, Eagle Balder, Eagle Bergen, and Eagle Barents. Shuttle tankers are used for the offloading and transporting oil from offshore oil installations.The majority partner in the owning companies will remain major Malaysian tanker owner AET, part of the MISC/Petronas Group. "The vessels are operated by OSM Maritime. Sellers are ADS Shipping Limited.

OSM to Supervise Construction of Ocean Infinity's Robotic Vessels in Norway

Maritime and offshore service provider OSM Maritime Group will act as Ocean Infinity's newbuild site supervision partner, for six robotic offshore vessels being built for Ocean Infinity in Norway, for its Armada Fleet.Four vessels will have a length of 21 meters and tow vessels of 36 meters. The robotic vessels, being built at GMV shipyard in Norway will be equipped with state-of-the-art sensors and pioneering navigational technology that allows information to be gathered from the shallowest and deepest waters.

Norside to Convert Platform Supplier into Offshore Wind W2W Vessel

Norwegian shipowning company Norside has taken ownership of Blue Ship Invest’s platform supply vessel ‘Farland’ and will convert it into a walk-to-work vessel for the offshore wind industry."The PX121 design by Ulstein has once more proven to be a preferred design for conversions into new segments, and 'Farland' is about to transfer from the offshore oil & gas industry to the offshore wind industry," Ulstein, a Norwegian shipbuilder and designer said this week.Hans Martin Gravdal…

The Crew Change Crisis is Getting Worse

The crew change crisis that has been plaguing the maritime industry for more than a year and a half is raging on and only getting worse, data from 10 of the world's top ship managers suggests.The number of seafarers onboard vessels beyond the expiry of their contract has continued rising from 7.2% to 8.8% in the last month, and the number of seafarers onboard vessels for over 11 months has risen from 0.4% to 1%, according to the latest monthly Neptune Declaration Crew Change Indicator.The…

V.Group Hires Sprotte as CEO of Ship Management

Ship management company V.Group has announced the appointment of Bjoern Sprotte as chief executive officer, Ship Management.Based in Hamburg and reporting directly to V.Group CEO René Kofod-Olsen, Sprotte replaces Franck Kayser, who has requested to refocus his overall responsibilities and will be assuming leadership of the Group’s activities in Denmark.Sprotte joins V.Group from OSM Maritime Group, where he spent four years in a number of senior roles, including chief operating officer…

OSM Nears Deal to Acquire SeaTeam

Norway-based ship management company OSM Maritime said Monday that it is nearing a deal to acquire Singapore-headquartered competitor SeaTeam Management from Frontline Ltd and Golden Ocean Group Limited.The acquisition, which is in final negotiations and remains subject to definitive documentation, is expected to be completed within the next 30 days, OSM said.“We look forward to finalizing our agreement with Frontline and Golden Ocean, after engaging in a very constructive dialogue,” said Tommy Olofsen, chair of OSM Maritime.

ADS Crude Carriers Sells Another VLCC

Oslo-listed ADS Crude Carriers has signed a memorandum of agreement to sell the Very Large Crude Carrier ADS Serenade.ADS said Tuesday the vessel would be sold for $25.5 million. The company did not say who the buyer was."The vessel is expected to be delivered to the new owners before the end of October," ADS Crude Carriers said.The ADS Serenade is one of three Japan-built sister VLCCs delivered to the company in 2018. It was built in 2002 by Hitachi Zosen Corporation.The 329…

GC Rieber to Transfer Fleet Management Business to OSM

Norwegian offshore vessel owner and manager GC Rieber Shipping has signed an agreement to transfer its fleet management services business to OSM Maritime Group, and become a pure shipowner.Under the agreement, GC Rieber Shipping will transfer all technical, crewing, and support functions in Bergen to OSM.OSM will establish a new ship management company within the offshore segment in Bergen, who will be owned 100% by OSM and be located together with OSM Bergen.GC Rieber Shipping currently has 6 vessels under management in Bergen, including vessels under third party management.

Wilhelmsen Delivers 3D Printed Parts to Berge Bulk

Norway-based global maritime industry group Wilh. Wilhelmsen Holding ASA  announced that Berge Mafadi, a Berge Bulk vessel has received the world’s first commercial delivery of 3d printed scupper plugs, as part of Wilhelmsen’s Early Adopter Program.According to a press release, the program, where customers have exclusive access to on-demand additive manufacturing was launched by Wilhelmsen’s Marine Products division in December 2019. Customers include Berge Bulk, Carnival Maritime, Thome Ship Management, OSM Maritime Group, Executive Ship Management and Wilhelmsen Ship Management.“We are very excited with this milestone - completing one of the first commercial deliveries of 3D printed parts in the maritime industry…

Wilhelmsen to Use Drones to Deliver 3D Printed Spare Parts

Wilhelmsen’s Marine Products division signed a memorandum of understanding (MOU) with Singapore-based drone delivery startup F-drones, for last mile delivery of its 3D printed spare parts.As the only drone delivery provider currently authorized by the Civil Aviation Authority of Singapore (CAAS) to execute drone deliveries beyond-visual-line-of-sight (BVLOS) to vessels at anchorage, the agreement with F-drones enables Wilhelmsen to broaden the scope of its exclusive on-demand additive manufacturing service…

Tero Marine Launches Data Visualization Tool

Tero Marine has launched its TM Insights solution, an interactive visualization tool that converts real-time data into intuitive reports and charts which, when measured against pre-determined KPIs, identify trends and uncover hidden problem areas so remedial action can be taken to improve operational efficiency.Fully integrated to work with Tero Marine’s TM Master suite, TM Insights works with Microsoft’s Power BI software to give companies a complete and transparent overview of business performance from any desktop or mobile device and in any location.

OSM to Install TM Master on Fleet

OSM Maritime Group extended its partnership with Tero Marine, as the Norwegian tech company now prepares to install its TM Master suite on the remaining OSM fleet globally.The frame agreement with Tero Marine means that all vessels with various planned maintenance systems across the OSM fleet would be standardized on TM Master. TM Master is currently installed on close to 70 vessels across OSM’s Norway and Singapore managed fleets. With OSM’s vision in the ship management segment…