Annet Koster New Director of KVNR
Association of Dutch Shipowners (KVNR) has appointed Annet Koster as its new director from 1 March 2018. Annet Koster will join the shipowners' association ass the face of the KVNR, will make a strong case for Dutch shipping, said the board chairmen Sibrand Hassing and Karin Orsel on 17 January during the New Year's reception of the association. "I especially want to get started to make Dutch shipping more broadly visible and to introduce people to this dynamic and traditional Dutch sector," says the brand new director.
De Poli Tankers Extends VSAT Deal with Marlink
Dutch ship owner De Poli Tankers BV has extended its contract with Marlink, securing high-bandwidth global communication using the Sealink Plus service for its fleet of eight chemical tankers and two gas tankers. De Poli Tankers' in-house ITC company, Maritime Performances BV, chose to retain the Sealink Plus service for the future as it combines high-bandwidth VSAT with unlimited L-band back-up in a single easy to manage bundle, Marlink said. De Poli Tankers first migrated to Marlink VSAT from L-band only communications in 2013…
Dutch Insurers Want Security Guards
Last year the number of cases of piracy off the coasts of East and West Africa doubled, with 800 crew members being taken hostage, NRC.informs 'Dutch News'. The Netherlands' government does not allow ship owners to hire armed guards but it does provide soldiers as protection. However, the two organisations say there are not enough of them to protect all the ships sailing in the area. Other countries, such as Cyprus and Malta, do allow their ships to employ armed guards and the organisations say this will lead to Dutch ships choosing to sail under foreign flags which would be detrimental to the government as ship owners pay their tax to the country under whose flag they sail. Piracy costs insurers and ship owners a great deal, in ransom money, repairs to ships and damaged goods.
Larsen & Toubro Wins 70m Shipbuilding Order
According to reports, Indian engineering and construction firm Larsen & Toubro Ltd said it has won a repeat order worth over $70m to build two ships for Netherlands-based RollDock BV. The Dutch shipping company has also signed an agreement that includes options for more vessels of the same series to be built later this year, which will be delivered by May 2010, L&T said in a release. L&T entered the shipbuilding business in April 2006, by securing an order from the Dutch firm. Source: AFX News Limited
Nedlloyd To Sell Mammoet
Dutch shipping and road transport group Koninklijke Nedlloyd Groep NV plans to sell its Mammoet transport unit to Dutch Van Seumeren. Italian Decafin SpA will also sell its 33 percent interest in Mammoet Decalift International to Van Seumeren as part of the deal, Nedlloyd officials said. The company previously said it would buy Decafin's stake. Officials said a limited number of job cuts may occur as a result of its integration with Van Seumeren.
Mammoet Sale Completed
Dutch shipping group Koninklijke Nedlloyd NV finalized the sale of its heavy transport arm Mammoet Groep to unlisted Dutch sector peer Van Seumeren Holland BV. Italy's Decafin SpA has also handed over its 33 percent stake in Mammoet to Van Seumeren, Nedlloyd said. As announced in May, the deal involves a total sum of $104.5 million, of which Nedlloyd will receive about $80 million euros.
Damen Receives Jumbo Order
The CargoVessels Division of Damen Shipyards signed a $62.3 million contract with Dutch shipping company, Jumbo, for the building of two heavy lift ships, each measuring 469 ft. (143.1 m) with a beam of 87 ft. (26.5 m). Reportedly the largest and most advanced heavy lift ships in the world, they have a lifting capacity of 1,600 tons, and will be constructed at Damen's Romanian yard. The first vessel will be delivered during the first quarter of 2003 - the second will arrive in the third quarter.
Vopak Executive Quits Over Strategy
Dutch shipping and tank storage firm Vopak NV said a member of its executive board had resigned due to "differences of opinion" regarding the company's future. Van Westenbrugge's resignation follows that of former vice-president Roelof Hendriks, who left the company last month in a dispute over the direction of the company, Vopak said.
LNG Tanker Smash Sinks Cargo Ship
The 2002-built, 8,850-dwt freighter Flinterstar is owned by Dutch shipping firm Flinter has sank after colliding nearly head on with the Marshall Islands-flagged LNG carrier Al-Oraiq in the North Sea off Belgium on Tuesday morning. The both vessel were in opposite directions, as the gas carrier was approaching the port fully loaded with LNG and saw the freighter from the starboard. Unfortunately Al Oraiq did not maneuvered accordingly and collided with general cargo ship, which got large breach under the waterline and sank near the scene of the accident.
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.
Dredging Firms Play Down Talk Of Contracts
Two Dutch dredging firms played down market talk that they were about to place sizeable shipbuilding contracts with IHC Caland. Dredging and construction firm Ballast Nedam said it was considering ordering a jumbo dredging ship as economic growth in Southeast Asia recovered, "but we haven't approached any shipyards yet," said spokeswoman Nel de Geus. Builder HBG repeated a statement made at its first half results presentation on Sept. 2. "We gave our unit HAM permission to order a jumbo dredger before the end of 1999...from a Dutch ship yard...This could be IHC Caland," HBG spokesman Arno Pronk said. He added HBG would make it public if a contract were signed.
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.
Dutch Koninklijke Nedloyd Posts Net Profit of $15.4 Million
Dutch shipping and road transport group Koninklijke Nedlloyd Groep NV said on Thursday it had posted a net profit of 17 million euros ($15.4 million) in the first half of 2001, up from a loss of 10 million at the same time one year ago. But the company, whose results are mainly determined by its 50 percent stake in the P&O Nedlloyd container shipping joint venture with Britain's P&O, added that full-year net profits were unlikely to match last year's 50 million euros ($45.5 million). "P&O Nedlloyd is not immune to the decline in the world economy," company officials said. Nedlloyd's second-quarter net profit grew to 12 million euros ($10.9 million) versus a profit of seven million in the same period of 2000.
Container Shippers Seek Rate Hikes
A group of container-shipping companies will reportedly seek rate increases of between 10 and 15 percent next year on cargo traveling to the United States from Asia. The group, the Transpacific Stabilization Agreement, represents 14 container-shipping companies that handle goods ranging from clothes to electronics, toys and home furnishings. Cargo in the trade, of which the group handles more than 70 percent, has been valued at more than $200 billion a year. The rate increases are scheduled to go into effect May 1, 2000. The Oakland, Calif.-based Transpacific Stabilization Agreement represents major shipping lines including A.P. Moller-Maersk Line, Evergreen Marine Corp.
Nedlloyd Posts Loss
Dutch shipping firm Koninklijke Nedlloyd Groep NV posted a first-quarter net loss of 17 million euros, but said it expected full-year results from ordinary activities to be "clearly positive." The shipping and road transport group, which holds a 50 percent stake in the P&O Nedlloyd joint venture with Britain's P&O, said its losses equaled those in the first quarter of 1999 and were largely due to strength in the U.S. dollar versus the euro. P&O Nedlloyd reported a first quarter pre-tax loss of $29 million versus a $36 million loss a year ago. On Tuesday, P&O Nedlloyd announced that Tim Harris had resigned as director and chief executive. P&O director Robert Woods was appointed group managing director.
Nedlloyd Posts Loss
Dutch shipping firm Koninklijke Nedlloyd Groep NV posted a first-quarter net loss of $15.4 million, but said it expected full-year results from ordinary activities to be "clearly positive." The shipping and road transport group, which holds a 50 percent stake in the P&O Nedlloyd joint venture with Britain's P&O, said its losses equaled those in the first quarter of 1999 and were largely due to strength in the U.S. dollar versus the euro. P&O Nedlloyd reported a first quarter pre-tax loss of $29 million versus a $36 million loss a year ago. "The figures are slightly better than expected, and they foresee some operational profit in the second quarter, but they say that nearly every year. But the share price hasn't really reacted to the figures," a trader said.
Vroon Adds Twelfth Tanker
Dutch ship owner Vroon has confirmed the purchase of the MT ST Charlotte, a 2006-built bitumen/molten sulphur tanker. The vessel will be renamed Iver Ability and brings the total number of Vroon's bitumen tankers to twelve. A statement on Vroon's website said, "The vessel is currently on charter to Total for the carriage of molten sulphur and bitumen cargoes. Iver Ability will be marketed and operated from Iver Ships B.V. in Barendrecht, the Netherlands. Vroon operates and manages a diverse fleet of approximately 170 vessels.
Groen Orders Two SRSV's
Dutch Shipping Company Groen has ordered two Seismic Research & Support Vessels (SRSV’s) with Maaskant Shipyards Stellendam (Netherlands), part of the Damen Shipyards Group. Maaskant has broad experience in maintenance and repair of Offshore Support Vessels. However, an order for SRSV-newbuilds is a first. Director Frits van Dongen says: ”The vessels have been designed in cooperation with Saltwater Engineering (Netherlands) to meet the needs and experiences of Shipping Company Groen. The vessels’ all-weather chase and support tasks will focus on seismic activity research. Both SRSV’s will be 40 m long with a 9.30 m beam. Two Caterpillar propulsion units of in total 1940kw (2640pk) will give the vessels a design speed of 14 knots.
Caspian Services Finalizes Multi-Vessel Contracts
contracts with Saipem S.p.A. development in the Kazakhstan sector of the north Caspian Sea. boats, two anchor handling tugs and an existing survey vessel. will be placed into active operations in the spring of 2006. Mr.
HHI Orders Refrigeration, Cold Stores for FPSO
Goliat, the first cylindrical floating production, storage and offloading (FPSO) vessel on the Norwegian Continental Shelf built for Eni Norge and partner Statoil at Hyundai Heavy Industries (HHI), will feature ALMACO’s cold stores and refrigeration machinery. Hyundai Heavy Industries awarded the contract to ALMACO Group in July of 2011, and ALMACO finalized the commissioning work at the end of 2014. ALMACO said its scope of supply includes the supply and installation of cold stores and refrigeration machinery, as well as commissioning and spare parts.
Mighty Servant 3 Back at the End of 2008
The flat deck open stern semi-submersible heavy transport vessel Mighty Servant 3 is due to rejoin Dockwise's operational fleet at the end of 2008 after being fully reinstated at the Grand Bahama Shipyard Ltd. Dockwise Ltd. and Grand Bahama Shipyard Ltd. entered into an agreement for the complete renovation of the Mighty Servant 3. Dockwise and Grand Bahama Shipyard Ltd. expect to complete this operation by the end of 2008. The causes of the accident are being investigated by both the Dutch Shipping Council and the Angolan Inquiry Commission. The final conclusions have not yet been published. The Dockwise internal investigation suggests neither technical equipment nor a structural integrity failure. All possible liabilities have been settled with the Angolan government. Dockwise Ltd.
Pronautas Equips CFL Fleet with VSAT
Dutch shipping company CFL has chosen Pronautas to implement the proven Ku-Band VSAT connectivity solutions on all vessels in their fleet. Headquartered in Amsterdam and well known for its innovative market approach, CFL owns and operates a fleet of young and flexible eco-friendly multi-purpose vessels. Pronautas was selected to provide the VSAT solution thanks to its experience and competence in connectivity solutions, satellite communications, navigation systems and full service support. The decision for a fleet-wide roll out was made by CFL after a successful three-month trial period.
Maritime Surveyors To Play Crucial Y2K Role
Around 200 delegates from all sectors of the Dutch maritime industry attended a Y2K seminar organized by Dutch-Belgian surveying group Touw Holding. Representatives of banks, insurers, shipowners, salvors, government bodies, lawyers, surveyors, ship agents, and the Dutch Red Cross heard about the state of Y2K readiness of the Dutch shipping industry, and the crucial role surveyors will play in assessing Y2K claims. "The onus is on insurers to prove that damage claims are the result of the millennium problem, and they will be heavily reliant on the observations of surveyors," says Touw partner and managing director Maup Hoppzak. At the same time, says Hoppzak, claimants will have to prove that all possible steps were undertaken to prevent Y2K-related claims.