• 2019 June 13 14:03

    Hunter Group chooses OSM for technical management of newbuild VLCC fleet

    OSM Maritime says it has secured a contract for the full technical management of Hunter Group’s state-of-the-art fleet of eco design SMART VLCCs, currently under construction at DSME in Korea. Hunter Group has eight identical 336m vessels, set to be delivered towards the end of 2019 and into 2020. The Hunter vessels will be managed from OSM’s base in Arendal, Norway, which offers an established strength in specialist tanker services.

    Strategic alliance

    “This is the beginning of a strong strategic alliance between two Norwegian headquartered companies with clear global ambitions,” comments Hunter Group CEO Erik A. S. Frydendal. “We have our sights set on making a real impact within the segment when the new vessels arrive, and we need a partner with the technical management expertise to really fulfil the potential we see ahead of us.

    “After a thorough process it became clear that OSM was to be that preferred, long-term partner. The team has strong global capabilities, a full service, personal approach and the latest technology – to fully optimize operations across the fleet – at their disposal.

    “We aim to provide our customers with truly world-class vessels and service, and our stakeholders with optimal returns. To do that we need the best management resource. With OSM on board we have that. I’m looking forward to working together in the coming years.”

    Adding value

    Hunter Group’s new tanker fleet are advanced vessels with 340,000m3 cargo tank capacity, cruising speeds of 14.8 knots and, to ensure complete compliance with IMO 2020 regulations, open loop scrubber systems from Wärtsila. Each vessel will be manned by a crew of 30 experienced seafarers.

    “Hunter Group is a bold new player within the VLCC segment and we’re delighted they have entrusted OSM to handle full fleet technical management,” comments OSM CCO Tommy Olofsen. “We have a long heritage of successful tanker operations and will be combining that seasoned expertise with innovative technical and data-driven solutions to deliver the best value services for Hunter.

    “We believe we can help this ambitious, limber and highly intelligent team gain a strong foothold in the market, showcasing the value and performance capabilities of these new assets. Hunter is an exciting customer, with an exciting vision. It’s an honour to be a trusted partner in this project.”

    Core competence

    OSM Maritime has a core competence in tanker management. The company, which provides services to over 500 vessels worldwide, boasting a pool of more than 11,000 expert crewmembers, has been delivering services to the segment since its formation in 1989. It provides full technical and crew management to vessels ranging from 10,000 dwt tankers to VLCCs.

    OSM Maritime has full ship management out of offices in Norway, Singapore, Cyprus and Helsinki. It recently launched a portfolio of ‘industry first services’ with the introduction of OSM ON – a new product that utilises the company’s recently opened Maritime Operations Centre in Singapore – which digitally connects all vessels under OSM management, and all activities, for real-time visibility – to provide 24/7 response and risk management support services.

    About OSM Maritime:

    Since 1989 OSM has provided support at sea. With 12,000 employees, a fleet of over 500 vessels and operations all over the world, OSM Maritime is a global market leader for third party ship management within the Offshore and Maritime Industries.  
    OSM Maritime provide one point of contact and act as a one-stop shop for Technical Management, Crew Management and New Building Management and offers a complete range of maritime products and services through its Value-Added Services catalogue.

    OSM is shaping the future for maritime & ship management by pursuing technology solutions supporting decision-making, technical ability & safety performance. At the heart of OSM’s technological transformation is the Maritime Operations Centre, that enables OSM to monitor and manage its global fleet 24/7. OSM's transparent and flexible Operation Model will transform decision-making, efficiency and performance for its global customer base, while highlighting a new, sustainable path forward for the industry.




2019 June 25

09:46 MABUX: Bunker market this morning, June 25
09:16 Baltic Dry Index is up to 1,258 points

2019 June 24

18:05 Training Montenegro to combat oil spills
17:50 Four cruise ships visit the Port of Riga at the same time
17:27 Finnish Government proposes supplementary appropriation of EUR 40 million for basic infrastructure management
17:05 Austal delivers third guardian class patrol boat to the Australian Department of Defence
16:47 Incat Crowther announces contract to design a 65m catamaran passenger ferry
16:46 Construction and operation of dual-fuel ships has low economic efficiency – USC President
16:45 Maersk Drilling completes sale of jack-up Mærsk Giant
16:24 USC set to build floating electricity-generating facilities running on LNG supplied by bunkering ships
16:03 Van Oord and Mammoet enter into cooperation with scale-up Verton
15:45 United Shipbuilding Corporation to launch the first LNG-powered ferry for Ust-Luga – Baltijsk line in late July
15:30 United Shipbuilding Corporation establishes USC-Propulsion and USC-Interior subdivisions
15:03 MOL signs deal on a long-term charter contract to utilize "MOL FSRU Challenger" for Hong Kong Offshore LNG Terminal Project
14:42 New USC Vice-President, Civil Shipbuilding, to get into office on 10 July 2019
14:21 USC expects its Astrakhan cluster to build 12 river-sea class ships per year
14:03 Yang Ming announces new China-Thailand direct service
13:37 Port of Rotterdam Authority to collaborate with four new companies
13:25 Igor Vasilyev appointed as Acting General Director of FTI Rostransmodernizatsiya
13:02 ARIES gained ABS Certification: Middle East 1 st Remote Inspection Techniques specialist
12:20 BC Ferries releases year-end results
12:10 Keel laid for the first of Damen’s revolutionary new FCS 7011 Crew Change
11:56 Average wholesale prices for М-100 HFO down to RUB 15,377 in RF spot market
11:29 FESCO to launch new container train to China via Far East overland route
10:58 Southern Center of Shipbuilding and Ship Repair acquired property of Krasniye Barrikady plant
10:35 Satti floating drilling unit owned by Kazmortransflot delivered to Azerbaijan
10:13 Throughput of Chinese ports grew by 4.1% to 5.5 billion tonnes in Jan-May’2019
09:53 MABUX: Bunker Market this morning June, 24
09:52 Brent Crude futures price is up 0.4% to $64.71, Light Sweet Crude – up 0.68% to $57.82
09:34 Container throughput of port Hong Kong (China) down 7.7% to 7.55 million TEUs in Jan-May’2019
09:17 Baltic Dry Index is up to 1,239 points

2019 June 23

16:29 INPEX submits revised plan of development for Abadi LNG Project
15:13 Oceanwide Expeditions: Hondius sister ship m/v Janssonius ordered for 2021
14:19 CMA CGM announces FAK rates on Asia - Pakistan, India and Sri Lanka service
13:46 Coast Guard rescues five from capsized boat in Chesapeake Bay
12:43 Danske Commodities signs 20-year PPA with Hywind Scotland wind farm
10:29 TMC sets up office to support Chinese yards

2019 June 22

15:24 AAPA selects Christopher Connor as its new CEO
12:37 TMC contracted by VARD to supply marine compressors for Viking Cruises' vessels
11:23 ABS to class first ‘tri-fueled’ vessel for Harvey Gulf
10:13 Port of Oakland steps up as ships carry bigger loads than ever
10:05 Coast Guard responds to barge aground in Naknek, Alaska

2019 June 21

18:07 Austal gets Navy's modification to littoral combat ship contract
18:04 MODEC awarded Letter of Intent by Petrobras related to Búzios 5 FPSO
17:58 Frontline announces acquisition of VLCC resale and two LR2 newbuildings
17:56 BC Ferries adds extra sailings for the summer
17:55 Maritime Anti-Corruption Network to develop Global Port Integrity Index and Scale Up Collective Action in West Africa
17:37 Siemens Gamesa receives first offshore wind preferred supplier nomination in Japan: up to 455 MW for Obayashi Corporation
17:12 Krasnoye Sormovo launches final RSD59 ship in a series four units ordered by STLC
16:38 Ships of RF Navy’s Pacific Fleet involved in exercises in the Sea of Japan
16:26 Government of Canada enters into negotiations with Chantier Davie for construction of two ferries
16:14 Standic expands with state-of-the-art chemical storage terminal in Port of Antwerp
15:50 Klaipedos Nafta announced call for Chief Executive Officer
14:27 Safety management training takes centre stage
14:26 USCG says Polar Security Cutter to be homeported at Seattle
14:03 Maersk to offer customers carbon-neutral transport
13:35 LUKOIL’s dividends payable for 2018 will be RUB 250 per ordinary share
13:15 Anthony Veder expands fleet with taking in five gas carriers from GATX
13:12 HELCOM’s Executive Secretary to step down in August 2019
12:48 Novotrans acquired stevedoring company operating Ro-Ro ferry facility at the port of Ust-Luga