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ASRY’s commitment to offering the best service to shipowners
and managers in today’s tough market is perhaps best
highlighted by the benefits provided by its various Fleet
Leading tanker operator BW Fleet Management, a long term
customer at the Bahrain yard, most certainly sees the benefits of a
Fleet Repair Agreement, having just renewed and expanded its
The new repair agreement was signed by Morten Steen
Martinsen, managing director of BW Fleet Management and Chris
Potter, CEO of ASRY, in April in Bahrain. The Norwegian company,
which operates out of both Oslo and Singapore, manages a fleet of
more than 90 vessels operated by BW Gas and BW Maritime, and
the ASRY repair agreement involves those crude oil tankers,
product tankers and LPG carriers that trade to the Arabian Gulf,
giving guaranteed dock space and fixed rates. It could see 14 vessels
repairing at the Bahrain yard and is the largest fleet repair
agreement currently at ASRY.
Commenting on the signing of the new repair agreement, Morten
Steen Martinsen said: “We decided to expand our fleet agreement
with ASRY at the end of 2008 and are extremely happy with our new
deal. We have an open and transparent dialogue with the shipyard.
I’d like to thank all those involved in successfully reaching this new
repair agreement, both from the shipyard’s management, my own
team and the yard’s Norwegian agent, Rudi Beil.”
BW ships have been coming to ASRY since the yard’s early days.
Bergesen, as the company was then known, has been drydocking in
Bahrain since 1980 and signed its first fleet agreement in 1999. The
first four vessels to be drydocked and repaired under the new
agreement will be the 1985-built Very Large Gas Carrier (VLGC)
‘Berge Racine’, 81,698m3 ; the 1991-built VLGC ‘BW Captain’,
78,530m3 ; the 285,739dwt crude oil tanker B’W Nile’ (to be
renamed ‘BW Elbrus’), and the 2007-built product tanker ‘BW
Columbia’, 76,604DWT. All four vessels are due to be repaired
between July and October.
During the past 16 months ASRY repaired a total of five vessels
from BW Fleet Management, all LPG carriers: the 1986-built,
81,640m3 ‘BW Ragnhild’; the 1984-built, 81,599m3 ‘BW Rachel’
(drydocked twice); the 1983-built, 85,662m3 ‘Berge Frost’ and the
1980-built, 37,829m3 ‘Havrim’.
Established at the beginning of 2009, at the same time that BW
Shipping was renamed BW Maritime as part of an internal
reorganisation to leverage strengths across the BW Group, BW Fleet
Management is responsible for the ship management of vessels
owned by BW Gas, BW Maritime and other companies within the
BW Group. It combines the technical expertise of the tanker and
gas ship management teams in both Oslo and Singapore and
provides services within technical management, crewing,
newbuildings and special projects.
The tanker assets are managed from BW Fleet Management’s
Singapore office, while the gas carrier fleet comes under the wing
of the Oslo office.
For further information contact:
Arab Shipbuilding and Repair Yard (ASRY), Bahrain.
BW Fleet Management renews ASRY deal
Morten Steen Martinsen, managing director BW Fleet Management (left)
shakes hands with ASRY’s CEO Chris Potter (right) in Bahrain following the
signing of the expanded fleet repair agreement
advances in SHIP REPAIR
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