Tue 28 Jun 2011, 13:48 GMT

Wilhelmsen ties up Middle East deal


Wilhelmsen Ships Service wins contract to provide support to tanker company.



Wilhelmsen Ships Service (WSS) Kuwait has won a major contract to provide support to the Kuwait Oil Tanker Company (KOTC).

The Kuwait Oil Tanker Company (KOTC) is a subsidiary of Kuwait Petroleum Corporation (KPC), which is the holding company integrating KOC, KNPC, KOTC and PIC under government control.

KOTC currently owns and operates 25 vessels which include crude, product, LPG and bunker carriers. Since KPC was established in 1980, KOTC assumed responsibility for transportation of its cargoes between Europe, West Africa and Far East with Kuwait being the home port.

The UAE ports of Fujairah and Ras Al Khaimah are the major husbandry ports for KOTC and apart from spares delivery; their vessels perform repairs, crew change, take provisions and provide Cash to Master.

Throughout the three year contract, WSS will co-ordinate and provide all major services in addition to any others which the KOTC fleet and its personnel may require.

Commenting on the deal, WSS said: "Wilhelmsen Ships Service Kuwait account manager Hisham Setarah, supported by the team in Fujairah and senior management in UAE has worked diligently to win this important new business."

"We are very proud to be working with KOTC and are confident that this partnership will lead to further, equally important, business opportunities within the KOTC group," added Setarah.

Bunker Division

In 2009, Wilhelmsen Premier Marine Fuels (WPMF), one of the world's largest independent bunker brokers, was incorporated into Wilhelmsen Ships Service in a move that aimed to further enhance the company's ability to serve customers and deliver additional cost efficiencies.

This was followed last year by the incorporation of WPMF UK into its main operating centre in Dartford, Kent, which was described as a "natural move", thus providing clients with a single contact point for its range of services. The company also said that the move represented "a greater consolidation of the broad range of ships agency and bunker services that Wilhelmsen Ships Service offers to its customers."

WSS's bunker broking services aim to complement its broad range of maritime products and services. When the company's bunker brokers set up a bunker deal, they can also offer the customer in-house ships agency services in 2,200 ports around the world.

Shipping agents are a vital local link to the operational side of the bunker business, coordinating the timing of the bunkering between vessels and suppliers and dealing with all other matters relating to the delivery.


Lapis Ace ship-to-ship LNG bunkering operation. MOL signs first annual LNG bunkering contract for car carriers in Vancouver  

Japanese shipping company secures year-round fuel supply with Seaspan Energy at Canadian port.

Gasum's LNG bunkering vessel Coralius. Gasum’s maritime bio-LNG sales surge from 0.8% to 12.3% in 2025  

Nordic energy company attributes growth to FuelEU Maritime regulation introduced in 2025.

Port Authority of Valencia board meeting. Valenciaport gives LNG bunkering go-ahead to Shell and Axpo Iberia  

Port authority approves two LNG bunkering authorisations as part of its decarbonisation strategy.

Northern Purpose naming ceremony. BSM enters LCO₂ carrier segment with management of dual-fuel Northern Purpose  

Bernhard Schulte Shipmanagement takes over first liquefied carbon dioxide carrier for Northern Lights project.

Anna Cosulich vessel. Fratelli Cosulich takes delivery of methanol-ready bunker tanker Anna Cosulich  

Vessel built in China will head to Singapore to support group's bunkering operations.

Nave Equator vessel. Navios Partners takes delivery of dual-fuel-ready Aframax tanker  

Nave Equator is equipped with LNG- and methanol-ready capability plus shore power connectivity.

EmissionLink logo. EmissionLink completes FuelEU pooling submissions for over 600 vessels  

Emissions management service says 90% of shipowners opted to pool in the first compliance cycle.

Dong Fang Qing Gang vessel. China's first inland hydrogen fuel cell container ship enters commercial service  

Dong Fang Qing Gang operates in Jiaxing with 64-teu capacity and zero emissions.

Damen ASD Tug 2713 Fuel Flexible (FF) vessel graphic. Damen receives methanol approval for ASD Tug 2713 fuel-flexible design  

Bureau Veritas and Dutch flag state grant approval, enabling construction of methanol-ready tugs.

Sing Fuels hiring graphic. Sing Fuels seeks supply trader for China-focused marine fuel procurement role  

Singapore-based firm recruiting for position involving supplier negotiations and market tracking across Asia.