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Synergy Marine (M) Sdn Bhd was established on 2012 as a Bumiputera company. As the result, Euroseas has issued around 8.45 million new shares at 71 US cents per share representing about 19% of the company’s ownership after the acquisition. Start Free … Black Canyon Motor Works Phoenix Arizona, Vibert Auto Tech Phoenix Arizona, Daniel's Total Car Care Phoenix Arizona, Inside Out Fleet Repair Phoenix Arizona, Larry's Auto Service Phoenix Arizona, Skip's Auto Phoenix Arizona Automotive Services in Maryland: Community Garage Pikesville Maryland Automotive Services in Minnesota: Fleet growth remained relatively on par with the 3.2% growth seen in 2017, as both delivery and demolition activity slowed down immensely in 2018. We have so far resolved various logistic issues and have ensured vessels smooth loading and discharging operation. In 2002, we purchased Visser Oil Company in Lynden, expanding our bulk petroleum business and allowing us to better meet our customers needs. Papathomas, who is also a Synergy Marine director, has also obtained a seat on Euroseas' board of directors. Synergy Group and D.S. Synergy Holdings has become one of Euroseas' top shareholders after its Synergy Marine sold almost its entire fleet to the New York-listed owner. Synergy Group and D.S. Ltd Synergy Group offers a wide range of positions on our Fleet of Oil Tankers, Chemical Tankers, LPG, LNG, Bulk Carriers and Containers trading around the world. Our fleet of propane trucks deliver throughout the region from our bulk plants located throughout the state. According to Rune Zeuthen, Synergy Marine Group has earned huge trust among shipowners and brings new successes to the company in the European market. All Rights Reserved We are among the few company in Malaysia with expertise in providing Time Charter Management service. Euroseas believes that the addition of the four vessels will add in excess of $5 million to its ebitda over the next 12 months and reduce the average age of its fleet by about two years. Some of … We implement strong policies and procedures to ensure high standards are achieved and maintained. (800) 964-0076 The partnership with Synergy enables Norden to be fully focused on optimising trading and commercial operations while ensuring safe, efficient and flexible … Pittas said he “remains optimistic” about the prospects of the feeder and intermediate containership markets due to “favorable supply developments” and provided that trade demand growth does not falter because of trade uncertainties related to US-China trade tensions. Synergy Marine, a ship management firm controlled by Synergy Holdings chairman Andreas Papathomas, Synergy Marine has sold four 4,250-teu containers to Euroseas for a total of $40m. The ships are the Synergy Antwerp (built 2008) and the Synergy Busan, Synergy Oakland and Synergy Keelung (all built 2009). NORDEN have formed a new joint venture to handle the technical management of NORDEN’s owned tanker vessels effective as of today.. Caption: Chemical/Oil Products Tanker Nord Supreme - Image courtesy of RuudCoster Norden Synergy Ship Management (NSSM) is a 50/50 joint venture between NORDEN and Synergy and will be headed by Henrik Christensen who … NSSM will manage the current fleet of Medium Range (MR) and handysize product carriers of Norden from its Copenhagen headquarters. At SMRSPL, crew welfare is a priority in crew retention. Synergy Marine Group managed fleet includes bulk carriers, large crude tankers and chemical tankers, LPG carriers as well as container ships. As of 2020, Synergy Marine Group is managing over 300 vessels and has a diverse fleet which includes LNG & LPG tankers, Chemical tanker, Oil tankers (VLCC, Suezmax, Aframax, LR2, LR1, MR tankers) and PCTC (Pure Car Truck Carrier) container vessels in the 1,800 TEU-20,000+ TEU range and every size of bulk … within your first 30 days to receive a 100% rebate on the $99 activation cost! The management services would be provided from its Singapore head office and technical office in India. Senergy Petroleum understands that timely customer service, fuel quality, and price are important factors to consider when choosing a bulk diesel fuel supplier. Group Home > Fleet List. Norden Product Tankers * 173: LPG Vessels ** 90: LNG Vessels and FSRUs : 30: Dry Bulk Carriers : 17: Offshore Vessels : 14: Very Large Crude Carriers *** 27: Total: 363 * Through BW Group's stake in Hafnia. The dry bulk sector has seen significant safety improvement over the past ten years, as ISM standards and general professionalisation help to foster better-operating practices and greater investment. Our fleet of fuel trucks are dedicated to deliver on time and in full. The formation of NSSM further cements the partnership between Synergy Group, one of the world’s leading ship managers with a fleet of over 300 … Home | Contact, Current news in our industry-Hellenic Shipping News Worldwide. Synergy Fleet Services, a leader in the mobile fleet service industry, provides preventative maintenance and repairs tailored to each customer’s unique needs. Andreas Papathomas-owned Synergy Marine has sold four 4,250-teu containers to Euroseas for a total of $40m, it has been confirmed. Euroseas chief executive Aristides Pittas described the latest deal as “significant” for the company as it takes a “meaningful presence” in the panamax markets. Antigone is Synergy Holdings' sole shareholder, of which Papathomas is a beneficiary. Synergy has managed Norden’s dry cargo fleet since September 2019. Synergy Maritime Recruitment Services Pvt. OUR FLEET OPERATING A STATE OF THE ART FLEET Synergy drivers are extensively trained and beyond holding a HGV licence are competent and qualified in transporting high consequence hazardous goods by road through all classes of ADR including bulk tankers, and even in the specialist fields of classes 1 and 7 (explosives and radioactives). Trial Synergy Wholesale Free for 7 days! Cenex, the energy brand of CHS Inc., is with you wherever you go, providing energy products and services for enriching lives. “The transaction validates our strategy to become the only publicly listed platform to consolidate feeder and intermediate containerships,” he said. Fleet Overview: No. Andreas Papathomas-owned Synergy Marine has sold four 4,250-teu containers to Euroseas for a total of $40m, it has been confirmed. The ability to cover the market quickly and effectively is of paramount importance to us. The partnership between Datalight and Data I/O ensures compatible bulk programming when using FlashFX family of products. Containers shareholders Trust is Euroseas' top shareholder with a 58.7% stake, followed by Friends Investments, which owns 10.6%. As part of the ship-buying transaction, Aristides Pittas-led Euroseas has agreed to use some of Synergy Marine's management services for the next three years. We strive to help our customers improve their profitability by providing an affordable fleet maintenance and … We are registered company under Companies Commission of Malaysia (1019421-T) and Ministry of Finance that specialized in rendering marine transportation services to the oil & gas industry. Last year, NORDEN appointed Synergy Group to manage its fleet of owned bulk carriers, with management services provided from Synergy’s head … Synergy Group and D.S. The transaction has seen Papathomas join the board of the Nasdaq-listed shipowner, which has also agreed to issue an additional $500,000 in shares to Synergy if certain conditions are fulfilled in one year. Fleet fuel cards work like credit cards that give owners and managers greater control over fuel and maintenance purchases. Terms and Conditions apply. The ships are the Synergy Antwerp (built 2008) and the Synergy Busan, Synergy Oakland and Synergy Keelung (all built 2009). Synergy Holdings takes 10% stake in Euroseas. With an in-depth knowledge of the entire shipping industry, its history, all the laws and current trends, and having a broad range of ships under our care, we create and offer ship management solutions according to ship owners’ needs in the following bulk … However, as a progressive sector, there is a real need to step ahead of base compliance. One of the vessels was delivered to Euroseas on Monday, while the remaining three are expected to be delivered within a week subject to certain closing conditions being met. Activate 50 services. Success is about focus, timing, precision, discipline, flexibility, improvisation and most importantly synergy. For 20 years this has been our company's approachand philosophy in the operational excellence of our ships. Fleet List. The private placements of $6 million of common stock are subscribed equally by Synergy Holdings Limited and Aristides Pittas’ Eurobulk Marine Holdings. Diesel, all grades petrol, bulk LPGAS, bituminous products, bulk oils and illuminating paraffin may be ordered through Synergy Fuels. A small but highly dedicated team of professionals are the brain child behind the foundation of Synergy Maritime Chartering. We supply wholesale fuel delivery, commercial, clear diesel, red-dye diesel, unleaded, premium unleaded, and specialty fuels. About Company. We specialise in the transportation of liquid bulk cargoes. NORDEN have formed a new joint venture to handle the technical management of NORDEN's owned tanker vessels effective as of today. With approximately 230 vessels under its management, Synergy manages and supervises a range of ships including LPG Tankers, Chemical Tankers, Oil Tankers (VLCC, Suezmax, Aframax, LR2, LR1 and MR), container vessels in the range of 1,800-20,000+ TEU and every size of bulk carrier. As part of the deal, it has agreed to acquire “certain management services” of Synergy Marine for the next three years. The partnership with Synergy enables Norden to be fully focused on optimising trading and commercial operations while ensuring safe, efficient and flexible technical management of the owned fleet.” The establishment of the joint venture follows Norden appointing Synergy Group to manage its fleet of owned bulk carriers last year. Welcome to Synergy Maritime Chartering Headquartered in Selangor, Malaysia. Visit the post for more. With a team boasting a combined 200+ years of experience, Synergy provides all aspects of strategic, commercial and technical management of crude and product tankers, containerships and bulk carriers through multiple market cycles. We pride ourselves in hiring the best seafarers and being a … Application of SMARTShip. Playing our role as ship managers, it is Synergy’s commitment to ensure that we operate our ships in a safe and efficient manner. The Synergy Group is a Cyprus-based ship owning and management business renowned for its excellence in running shipping investment portfolios for institutional investors and operating efficient and cost effective vessels. Fleet Management Fleet management software, is fleet controlling with higher amount of information available for both drivers and dispatchers of a fleet. NORDEN have formed a new joint venture to handle the technical management of NORDEN’s owned tanker vessels effective as of today. © Copyright Synergy Maritime Chartering. Euroseas said it will fund the acquisition by a combination of bank debt, existing company funds and $6m raised in private placements. Norden is active in the handysize, MR and LR1 product tanker vessel sectors and has a fleet … Our company serves the shipping industry worldwide by providing a comprehensive logistics solution for spot charter, contract of affreightment & time charter. Services are defined as web hosting accounts, domain names, and SSL certificates. Our aim is to deliver best in class services to our worldwide shipping clients with incomparable support and professionalism. Synergy Fuels is a company which specializes in the sales and distribution of bulk fuel products. SYNERGY FUELS. Delta8 – 25-34k Chems Alta8 – 37-44k Chems Chronos8 – 44-54k Chems Handy Tanker MR Tanker LR8 – LR1 Alpha8 – LR2 V8 – Aframax Suez8 – Suezmax VL8 – VLCC Bunker Tankers. Synergy telematics is a global information technology solutions company offering progressive end-to-end software development, mobile and web application. However, fleet placement revived the capes, whilst the grain season supported the Panamax index, resulting in the BDI pricing above the 5-year average by May and 5-year seasonal highs by June. Synergy Maritime Recruitment Services Private Limited manages a pool of experienced Officers and Ratings, who are all highly-trained and committed to our company, vessels and clients’ needs. Group Home > Fleet List. Our company serves the shipping industry worldwide by providing a comprehensive logistics solution for spot charter, contract of affreightment & time charter. Last year, Norden selected Synergy Group to manage its bulk carrier fleet. Fearnley Project Finance AS acted as an advisor in the transaction. Synergy Marine, a ship management firm controlled by Synergy Holdings chairman Andreas Papathomas, offloaded four boxhips for $40m, leaving it with one such vessel. The shipbroker added that “the dry bulk net fleet growth was 225 units totaling 23.3 mln dwt, representing a 3.0% fleet growth. S trategic Bulk Carriers (SBC) are dry bulk vessel operators with an active portfolio of cargoes and ships from Handysize to Supramax size vessels. We specialise in the transportation of liquid bulk cargoes. In 2010, we entered the wholesale propane business by purchasing a propane facility in Yakima. Since January 2019 activities have taken place in Nigeria, Mexico and China involving the buying, transportation and selling of crude oil and products with leading oil companies and shipping companies and refineries. We focus on spot and time charter on all vessel sizes ranging from medium to large tankers in the liquid bulk cargoes transportation. Synergy has been actively engaged in developing its oil trading / logistics activities with Knight Sterling. About Synergy Maritime Ships carry more than 90% of the world trade and bridges gaps across world economy. Synergy Holdings has acquired 4.22 million Euroseas shares at $0.71 each for a 10.4% stake in the Aristides Pittas-led company, according to an SEC filing. 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