Marine Link
Saturday, August 18, 2018

Ship Management Services News

Fourth CMA CGM Vessel Handed Over to Seaspan

Image:  Seaspan Corporation

Seaspan Corporation  announced  that it has accepted delivery of the CMA CGM Chennai, a 10000 TEU containership that will commence a fixed rate time charter with CMA CGM S.A. for a three year term with an option to extend for an additional three years. The new containership, which was constructed at Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd. and Jiangsu New Yangzi Shipbuilding Co., Ltd., is the fourth in a series of four 10000 TEU vessels under time charter to CMA CGM that are scheduled to deliver in the first half of 2018.

BIMCO's "SUPERMAN" Contract for Newbuilding Supervision Services

Emblem Courtesy BIMCO

BIMCO has now launched a new standard contract for ship managers to provide supervision services for shipbuilding and conversion projects. The contract, code named SUPERMAN, is a valuable new addition to BIMCO's existing suite of ship management agreements. Developed by a team of industry experts, SUPERMAN is a comprehensive and clearly worded agreement setting out a ship managers’ duties and obligations when providing ship construction-related supervisory services. SUPERMAN is modelled closely on the widely used SHIPMAN 2009.

Russian flagged vessels in Russia to be managed by V. Group

Photo V. Group

V.Group has taken its first Russian flagged vessel into full technical management following earlier successful accreditation of the St.Petersburg office from the Russian Register. The ship management services, which will be delivered by V.Ships operations in Limassol and BGI crewing operations in St. Petersburg, are a significant milestone, marking V.Group’s entry into this market. The vessel – UMBA – owned by RPK Nord is permanently stationed in Murmansk and following successful inspection from one oil major that took place immediately after the change of management…

Radio Holland Wins Ahrenkiel Contract

Imtech Marine (Radio Holland) bags long-term maintenance contract

Ahrenkiel Steamship GmbH & Co. KG and Radio Holland Germany GmbH, part of Imtech Marine, have agreed a long-term maintenance agreement for the entire Ahrenkiel Steamship fleet, which comprises nearly 60 vessels. Based in Hamburg, Ahrenkiel Steamship Group is a leading, independent ship owner and provider of ship management services, with its roots dating back more than 150 years. In April 2014, the Christian F. Ahrenkiel Group merged with a joint venture established by the MPC Group…

V.Group Buys Bibby Ship Management

Clive Richardson, V.Group chief executive officer Photo V Group

V.Group has acquired Bibby Ship Management, part of the Bibby Line Group, which has an established track record for providing high quality, safe and reliable ship management and support services to blue-chip clients. Bibby Ship Management services all types of vessels and has particular strengths in the management of offshore vessels. It also provides extensive crew management solutions, technical support services, marine travel, marine surveying, training and recruitment services.

Anglo-Eastern Opens BWT Training Facility

Anglo-Eastern, Optimarin and Saga celebrate the opening of the new BWT training facility (Photo: Optimarin)

Global ship management services provider Anglo-Eastern Ship Management has created a unique ballast water treatment (BWT) training facility at its Manila base in the Philippines. Working in conjunction with BWT specialist Optimarin and Saga Shipholding, Anglo-Eastern has built an essential resource for training crews in the wake of the ratification of the IMO’s Ballast Water Management (BWM) Convention. The facility, which officially opened this month, features a fully functional Optimarin Ballast System (OBS) at its heart…

BSM, Optimum Announce Joint Venture Company

The Celestyal Crystal

Bernhard Schulte Shipmanagement (BSM) and Optimum Ship Management (Optimum) have announced the launch of a new joint venture partnership, Hanseatic Cruise Services. Based in Singapore, Hanseatic Cruise Services will provide comprehensive, world class passenger vessel management services to third-party clients around the world. BSM is continuously working to expand and diversify its range of services. It believes that the cruise industry presents a significant opportunity for development, offering major growth potential.

BSM Launches Lay-up, Green Recycling Services

BSM logo

Bernhard Schulte Shipmanagement (BSM) is further expanding the scope of ship management services it offers with the addition of two new service offerings – Lay-up Services and Green Recycling. Both services have been developed to meet changing needs amid the tough economic environment that the shipping industry is facing. BSM’s Lay-up Services have been designed to support customers where continued operation of the vessel is deemed uneconomical. BSM will advise the owner of the best options for lay-up and the appropriate procedures that need to be followed for different types of lay-up…

OML Joins InterManager

International trade association for in-house and third party ship managers InterManager has extended its membership from within the Middle Eastern shipping market, welcoming Overseas Marine Logistics (OML) as a full member. United Arab Emirates-based OML provides ship management services and operations to worldwide clients, specializing in offshore project management, commercial and technical management and vessel chartering. InterManager President Gerardo Borromeo said, “I am pleased to report that InterManager is receiving more applications for membership from around the globe. InterManager represents the interests of the ship management sector on the global maritime stage, particularly at meetings of the International Maritime Organization (IMO) and other key industry bodies.

V.Ships Wins Fortress Deal

Courtesy V Ship Management

V.Ships Offshore, part of V.Group has been awarded a ship management contract by Fortress Transportation and Infrastructure Investors LLC to provide full technical and crew management services for an advanced SURF/IMR vessel. The ship management services will be delivered from our newly acquired Bibby Ship Management office in Singapore led by Arvind Mohan. Nineteen specialised seafarers, with final complement subject to project requirements, are being deployed on board the 2014-built DP-3 vessel, Pride, which has been on charter in Malaysian waters.

Third 14,000 TEU Container Joins Seaspan

Image: Seaspan Corporation

Hong Kong-based owner and operator of containerships Seaspan Corporation has taken delivery of a 14,000 TEU containership, the YM Winner. The new ship, which was constructed at Hyundai Heavy Industries Co., Ltd., is Seaspan’s third 14,000 TEU SAVER design containership and fourth delivery in 2015. The YM Winner will commence a ten-year, fixed-rate time charter with Yang Ming Marine Transport Corp. The ship is the third of a total of eight 14000 TEU SAVER design vessels to be chartered by Seaspan to Yang Ming. The delivery of the YM Winner expands the Company's operating fleet to 81 vessels.

Crowley Restructures Business Units

(Photo: Crowley)

Crowley Maritime Corporation announced it has restructured its business units as the company aims to increase its focus on government-related business and better align vessel operations and fuel distribution services. Over the coming months, the 125-year-old company will transition its non-liner and logistics business units into three main service lines: Crowley Shipping, Crowley Fuels and Crowley Solutions. “This plan facilitates a pivot towards growing the company’s government portfolio of work…

Excelerate Buys EXMAR’s Share in Four FSRUs

(Photo: EXMAR)

Excelerate Energy has acquired the full 50 percent shares held by EXMAR in four companies, Excelerate NV, Explorer NV, Express NV and Excelsior BVBA, each owners of the respective Floating Storage and Regasification Units (FSRU) registered under the same names, and all four of which are under a long-term time charter to Excelerate Energy. The sale of the first three companies has been completed, while the sale of EXMAR’s shares in the fourth company, Excelsior BVBA, remains subject to approval by JV partner Teekay LNG and company lenders. George B.

BSM: Strong Player in Cyprus Shipping

Arthur McWhinnie Managing Director at Bernhard Schulte Shipmanagement (Cyprus)

BSM reports 20% increase in the number of vessels under its management over the last year. The increase seen by BSM comes as no surprise against the backdrop of a fast growing economy that Cyprus has been demonstrating in recent times. Particularly over the last six months, the country has attracted many private equity firms and shipping companies, such as Ridgebury Tankers, who have set up presence here in Cyprus. Mr McWhinnie, an active member of the board of the Cyprus Shipping Chamber and the Cyprus Marine Environment Protection Association…

China Exim Bank Backs Seaspan

Image: Seaspan Corporation

Seaspan Corporation has lined-up a $1bn worth of export credit facilities with the Export-Import Bank of China (CEXIM). Seaspan has signed a Framework Cooperation Agreement with the Export-Import Bank of China (CEXIM) for a total of up to $1 billion in export credit facilities. The credit facilities would be made available to Seaspan for the purchase and construction of vessels from shipyards in China within the next three years. Gerry Wang, Chief Executive Officer, Co-Chairman and Co-Founder of Seaspan commented…

Crowley Shipping Announces Management Team

(Photos: Crowley)

Crowley Maritime Corp. appointed four industry veterans to oversee the consolidated lines of business under the recently formed Crowley Shipping group, which provides petroleum and chemical transportation, commercial ship management, offshore energy support and ship assist and tanker escort services in the U.S. and international markets. Crowley said the new business unit structure better aligns vessel operations and services with customers, positioning the company for greater growth and efficiency under Rob Grune, senior vice president and general manager.

Capital Ship Management, Liberty One Form JV

Photo: Capital Ship Management Corp.

Capital Ship Management Corp. and Liberty One have announced the establishment of a joint venture under the name Capital Liberty Invest, taking aim at the German shipping market. The new entity will combine the forces, excellent track record and reputation of Capital and Liberty with the aim to provide commercial and technical ship operating platforms across different shipping segments and sizes in the German shipping market. The Joint Venture will seek growth opportunities in the container segment…

MOL Group Develops Onboard Labor Management Software

“WRH5” operation screen

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that its group’s core dry-cargo ship management company, MOL Ship Management Co., Ltd. (MOLSHIP; President: Toshikazu Inaoka; Headquarters: Minato-ku, Tokyo) has jointly developed with maritime software developer Spectral Technologies, Inc. (President and CEO: Kjell B. Sundberg; Headquarters: Manila, Republic of the Philippines) a new onboard management software program called “WRH5” used to manage crews’ work and rest hours. MOLSHIP will introduce “WRH5” on its managed vessels.

MOL Group Develops Onboard Labor Management Software

Image: "WRH5" operation screen

Mitsui O.S.K. Lines, Ltd has announced that its group's core dry-cargo ship management company, MOL Ship Management Co., Ltd. has jointly developed with maritime software developer Spectral Technologies, Inc. a new onboard management software program called "WRH5" used to manage crews' work and rest hours. MOLSHIP will introduce "WRH5" on its managed vessels. In addition, Nippon Kaiji Kyokai  issued a statement of fact that "WRH5"'s support functions are in conformity with international labor regulations. - Conformity with MLC2006 and the Japanese Mariners Law.

Oman Shipping Names Two New Tankers

The recently named tanker Muscat Silver (image: Oman Shipping)

Oman Shipping Company (OSC) has performed the naming ceremony for two new product and chemical tankers – the Muscat Silver and Rustaq Silver. The ceremony took place at the Hyundai Mipo Dockyard in Ulsan, South Korea. OSC will now take delivery of the Muscat Silver as part of a deal which will see 10 MR tankers delivered to it over the next year. All the vessels will be chartered to Shell International Trading and Shipping Company Ltd for its Project Silver, which consists of 50 new-builds. They will each operate worldwide with 20-strong crews - including a number of Omani officers.

David Spivak Leaves Seaspan Corporation as CFO

Photo: Seaspan Corporation

Seaspan Corporation announced  that David Spivak, Chief Financial Officer of Seaspan, has given notice that he is exercising his right to terminate his employment with Seaspan effective June 29, 2018 to pursue other opportunities. Spivak will continue in his current role until May 5, 2018, after which Ryan Courson will be appointed Chief Financial Officer and Spivak will continue with Seaspan as Special Advisor to the President and Chief Executive Officer through the end of June. Courson joined Seaspan in March 2018 as Senior Vice President of Corporate Development.

Naval Dome, Stamco Ink Cyber Security Agreement

(Photo: Naval Dome)

Maritime cyber security specialist Naval Dome has signed a contract with Piraeus-based Stamco Ship Management to install its maritime cyber defense system aboard 55 Pure Car and Truck Carriers (PCTC).Stamco Ship Management provides technical and commercial ship management services to various companies like NYK, MOL, K-Line, China Shipping, Höegh Autoliners, WWL, Eukor and Glovis.Naval Dome will install the security system onboard the vessels’ bridge, navigation, communication and machinery control systems to deliver maximum…

Mark Chu Steps Down as COO of Seaspan

Mark Chu. Photo: Seaspan Corporation

Seaspan Corporation, the world's largest independent containership owner operator, has announced that Mark Chu has notified the company that he plans to step down from his roles as General Counsel and Chief Operating Officer to pursue other opportunities. Chu will remain in his current roles through August 31st, 2018 to help facilitate a seamless transition. Bing Chen, President and Chief Executive Officer of Seaspan said, "I would like to thank Mark for his many contributions to Seaspan over the years.

Maritime Reporter Magazine Cover Aug 2018 - The Shipyard Edition

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

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