OSM to manage Fredly’s new VLCCs

Arne Fredly has decided to go with a local company to manage his fleet of newbuild VLCCs. Norway’s OSM Maritime revealed today it has been entrusted with a contract for the full technical management of Hunter Group’s series of eight VLCCs being built at South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME). Fredly set up Hunter last year, ordering the eight ships at the trough of the newbuild price cycle. The ships are 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.

“This is the beginning of a strong strategic alliance between two Norwegian headquartered companies with clear global ambitions,” commented Hunter Group CEO Erik. 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.”

“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,” said OSM CCO Tommy Olofsen.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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