OSM signs up Neste

Feb 28 2014

Norway-based OSM Maritime Group has taken over Finnish Neste Shipping’s fleet management.

The Neste Oil owned shipmanagement company is now an integral part of OSM Maritime Group under the name of OSM Ship Management Finland, the company said.

This deal falls into OSM’s strategy to strengthen their position as a leading provider of tanker management services.

OSM Finland will retain Neste Shipping’s shore-based staff on current terms and conditions and will also employ about 300 seafarers who will join OSM’s almost 10,000 employees.

The Neste fleet contains tankers and tugs, including the double acting tankers ‘Mastera’ and ‘Tempera’. The crew and technical management of the 11 vessels included in the deal will all be operated from Finland.

The Neste deal is in addition to other tanker contracts won by OSM, such as the management of Statoil’s ‘Heidrun’ FSU, plus the management of Shuttle tankers operating from the Goliat field for AET and Statoil.

“It is important to us to be recognised by Neste Oil as the preferred partner for shipmanagement. Neste Oil has long been a serious and committed player in the field and we now look forward to build on their expertise in order to further build up a supplier of premium maritime services in Helsinki,” said Geir Sekkesæter, OSM Maritime Group CEO.

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