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Osm News

19 Jun 2025

Port of Aberdeen Connects First Vessel to Green Shore Power Demonstrator

(Credit: Port of Aberdeen)

Scotland’s largest maritime decarbonization project is now live at the Port of Aberdeen, providing green shore power for vessels at eight berths in the port’s North Harbour.The concept of shore power is simple: allowing vessels to plug directly into power from the port’s renewable energy tariff, instead of running on their own fossil fuel auxiliary engines while at berth, saving on fuel and cutting CO2 emissions, pollution, and noise.For Port of Aberdeen, a Trust Port at the heart of the community with ambitions to be the UK’s first port to achieve net zero by 2040


18 Dec 2024

DNV Issues Guidance for Safe Use of Methanol and Ammonia as Marine Fuels

(Credit: DNV)

DNV has released a competence standard (ST) for methanol and a recommended practice (RP) for ammonia, to enable crew and shipowners to tackle the safety risks and challenges posed by the introduction of new alternative fuels and technologies through shipping’s decarbonization.While new fuels and technologies are key to achieving maritime decarbonization, their adoption necessitates robust safety and competence frameworks.According to DNV’s Alternative Fuels Insights platform,


23 Oct 2024

OSM Thome buys Klaveness Ship Management AS

Torvald Klaveness sold 100% of Klaveness Ship Management AS shares to OSM Thome. Subsidiaries of Klaveness Combination Carriers AS, in parallel, have agreed to enter into new ship management agreements for its fleet with Klaveness Ship Management under ownership of OSM Thome.Additionally, Torvald Klaveness and OSM Thome have agreed to cooperate to explore new ways to modernize ship management through new technology and digitalization.This move was driven by the need for scale and investment capacity to address future demands


14 Sep 2023

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

Credit: Port of Aberdeen

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.

14 Sep 2023

Singapore Announces Maritime Scholarship Awards

Source: MPA

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


22 Aug 2023

OSM Thome and PGS Collaborate on Ammonia-Fuelled Vessels

Source: Pherousa

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.

30 May 2023

Heroic Idun Released from Nigeria

Source: Nigerian Navy

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


22 May 2023

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

©OSM Thome

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.

20 Jan 2023

OSM Maritime and Thome Agree to Merge

© momentscatcher / Adobe Stock

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


12 Nov 2022

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.

04 Oct 2022

Argeo Charters Argeo Searcher Vessel

Credit: Argeo

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.

05 Sep 2022

SafeNav: New Collision Prevention Solution Unveiled

SafeNav inventor Captain Jorgen Grindevoll (Photo: Ladar Ltd)

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


07 Jul 2022

LR Names Abi-Saab Chief Technology and Innovation Officer

Chakib Abi-Saab (Photo: Lloyd’s Register)

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.

05 Jul 2022

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.

24 Jun 2022

ADS Maritime Holding Buys Into Equinor-bound Shuttle Tanker Quarter

Naming ceremony for Eagle Blane and Eagle Balder in 2019 - Credit: AET

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.

18 Mar 2022

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

©Ocean Infinity

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.

21 Jan 2022

Norside to Convert Platform Supplier into Offshore Wind W2W Vessel

Credit: Ulstein

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


02 Jul 2021

The Crew Change Crisis is Getting Worse

© Alexey Seafarer / Adobe Stock

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


22 Jan 2021

V.Group Hires Sprotte as CEO of Ship Management

Bjoern Sprotte (Photo: V.Group)

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


01 Dec 2020

Tero Marine Launches Data Visualization Tool

© urbans78 / Adobe Stock

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.

13 Oct 2020

ADS Crude Carriers Sells Another VLCC

Credit: ADS Crude Carriers

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


21 Sep 2020

OSM Nears Deal to Acquire SeaTeam

© photobar / Adobe Stock

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.

08 Sep 2020

GC Rieber to Transfer Fleet Management Business to OSM

Illustration - Credit:Adam Kos

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.