Marlow to Manage 40 New Inland Tankers for Shell

07 Nov 2020
·
Marlow Navigation

New Joint Venture between VT Group and Marlow signs ship and crew management agreement with Shell for 40 new-built Inland Tankers.

Marlow to Manage 40 New Inland Tankers for Shell

 

A Joint Venture between VT Group and Marlow Navigation Netherlands has signed a ship management agreement with Shell for the technical and crew management of 40 new-built Inland Tankers.

This new venture bundles extensive expertise, with Marlow to lead the crew management and VT Group to be in charge of technical and operational management. The VT Group specialises in inland shipping, transporting minerals, chemical products, biofuels, and lubricants.

“We are extremely pleased to partner with VT Group on this exciting and innovative new project. Although Inland Shipping is a relatively new field for us, we are confident that the Marlow Group, together with our global network of agencies, will be able to provide crew management solutions that exceed the expectations of this sector,” states Managing Director, Marlow Navigation Netherlands, Frans Roelse.

The design of the vessels is being adapted to maximise the cargo carrying capacity on the Dutch, Belgian, and German canal and river networks. Each of the 3,500T inland water barges will have extreme shallow draught capabilities and be equipped with an LNG propulsion system.

An investment group of institutional investors advised by J.P. Morgan Asset Management has contracted with the Concordia Damen shipyard in Werkendam to build the 40 eco-friendly dual-fuel barges. Shell is the bareboat charterer of all the vessels.

“Inland navigation plays an important role in the delivery of Shell’s products in Europe. By using ships that can ship products even with low water, we can keep our service level high. Combined with the use of a less polluting fuel, this gives us a nice position on European inland waterways,” said Shell's Freight Trading Manager, Martin van Veen in a statement on social media.

The first vessel is expected to be delivered in November 2021, followed by a vessel each month thereafter, completing the order by December 2024.

 




About Marlow Navigation

Marlow Navigation provides comprehensive third party crew & ship management services, able to support a vessel from its first plans on a drawing board, until final days at sea. This is backed by a global network of offices, manning/recruiting agencies & new generation training centres.

Since the company’s beginnings in 1982 from the maritime hub of Limassol, Marlow Navigation has grown to become a globally renowned & trusted name in the ship management industry. Today, a network spanning more than 10 countries, with approximately 1,000 shore-based staff & 13,000 crew on-board managed vessels, underpins the company’s progress, business sustainability & client-focussed ethos.

Scope of services has over the past three decades broadened to now include fully-fledged maritime management activities, including crew management, full technical ship management, new ship building supervision, finance & administration, crew recruitment, training and safety, and offshore crewing. These services are provided out of management offices located in Limassol (Cyprus), Hamburg (Germany), Rhoon/Rotterdam (the Netherlands), Mumbai (India) & Hong Kong. Together with a state-of-the-art maritime academy in the Philippines, international naval training centres in Ukraine, Russia & Germany, as well as a global network of seafarer recruiting agencies.

Marlow Navigation (Corporate Head Office)
Worldwide crew & ship management

Marlow Building
13 Alexandrias Street
3013, Limassol, Cyprus

P.O. Box 54077
CY-3720, Limassol
Cyprus

Telephone: +357 25882588
Facsimile: +357 25882599
General Contact: info@marlowgroup.com
Media & Communications: media@marlowgroup.com

 

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