4 Safe Passage Through Market Cycles - BW Group
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04
2 0 1 7 Q U A R T E R L Y A G A Z I N E O F T H E B W G R O U P MCI(P)023/11/2017
Safe Passage
Through
Market Cycles
Editorial Contents 04/2017
Publisher For further information,
BW Group please contact:
Responsible Editor BW Group
Nick Fell 10 Pasir Panjang Road #18-01
Mapletree Business City 04 CHAIRMAN’S MESSAGE 20 NEW BUSINESS,
Managing Editor Singapore 117438 DEEP RELATIONSHIPS
Lisa Lim + 65 6434 5871 BW Dry Cargo is full steaming
lisa.lim@bwmaritime.com GLOBAL BW towards business opportunities
Editorial Team
Christina Chu
Kate Langstrøm 22 INTRODUCING THE
Sonia Vaswani
Una Holmen 16 BW ENERGY TEAM
Exploring alternative
commercial models offshore
Contributions From
Alexander Odegard 16 WINNING AT CASH MANAGEMENT
Christian Bonfils
06
The Finance and Treasury
Ivar Wilhelmsen
teams have clinched the
24
Ivy Yap
James Brosnan
Best Cash Management
Jessica Cheung Award at the Adam Smith
Joanna Ow 06 FUELING PAKISTAN’S Awards Asia 2017
Kamilla Moestue Røstad GAS AMBITIONS
Lars Pedersen BW is proud to be part of a
Linda Sorensen
project of national importance
Marita Sandvoll
Pia Schnitler
10 BW FLEET MANAGEMENT
CONTINUES THE JOURNEY IN THE SPOTLIGHT
Design & Production
TOWARDS ZERO HARM 24 PIA SCHNITLER
Simple Reels Genesis Pte Ltd
Introducing the BW Life-Saving Welcoming Pia Schnitler,
Rules and the Zero Harm Appraisal Head of Human Capital,
18 BW Offshore
18 BW CATCHER LEAVING 14 BW GROUP FLEET
FOR THE FIELD
The vessel remains on
track for first-oil in 2017 26 AROUND THE WORLD
33 SPECIAL THANKS TO ...
4 World Horizon Issue 04/2017 World Horizon Issue 04/2017 5
Chairman’s G
lobal economic confidence is higher oil prices and reduced crude oil have no precedent. In this context,
currently on the rise, with GDP flows may not help some of our shipping the best strategy may be to focus
growth showing a favourable sectors, whilst they could provide a boost on areas within our control, while
trend. Political challenges in for offshore developments and movement maintaining a high level of adaptability.
some countries have not derailed positive of cheaper gas. In a complex world, the
market sentiment, nor have question group benefits from diversification. BW is doing this. Rather than freezing
Message
marks over how we can withdraw from a in the face of uncertainty, investment
period of monetary stimulus. This benign Increased complexity and uncertainty make continues in areas where we see
mood has been evident in strongly it challenging to set long-term strategy, reasonable demand – at least in the
rising stock markets and low volatility. and this is exacerbated by the accelerating near to medium horizon – including
pace of technological development. new arenas for the group such as oil
The headwinds from ship oversupply Machines that can learn by themselves exploration. Work continues on operational
continue to blow – the contracting rush will improve faster than anything we have improvements, and the team is again
of 2013-14 is being delivered now, experienced before. To advance from showing its adaptability as we embark
and shipyard capacity still comfortably a standing start to world champion in a on organisational changes at group
exceeds what the world needs in new complex thinking game (Go) in 40 days, level. Embedded in the corporate DNA
tonnage. As a result, some sectors like oil without human intervention, has no historic is an ability to embrace change while
and gas shipping hardly feel exuberant, precedent. It is not that computers haven’t remaining committed to strong values.
having plumbed new depths this year. achieved success before – Deep Blue won
But oversupply can be mitigated over at chess in 1996 – but the speed and It is this duality – resolute action
time by strong demand, and as long as self-directed way in which they are now while accepting uncertainty, adopting
this economic upswing lasts, it is good arriving at this result is new. Developing changes while being constant to
news for restoring balance to shipping the combustion engine was a marvel of our values – that allows us to face
markets. The dry bulk and container human ingenuity, but gene editing may the future with confidence.
sectors have started to show signs of life. have an altogether more profound impact
than building a machine that propels us
Sentiment has also been more from A to B. And harnessing energy from
positive in the oil markets, with the sun’s rays at a cost that is competitive
some participants starting to talk of with fossil fuels – offering the promise
a sustained rise in oil prices. This is of boundless energy in renewable form
underpinned by OPEC supply discipline, – is potentially a bigger breakthrough
and a focus in the US on capital than finding oil in the first place.
discipline – ensuring that investments
in shale deliver the right returns. All businesses need think of how to
adapt to this, and yet by definition Sincerely,
As always, different parts of BW’s we will struggle to define strategies Andreas Sohmen-Pao
business will gain and lose from this – for changes that are accelerating and Chairman
6 Global BW World Horizon Issue 04/2017 World Horizon Issue 04/2017 Global BW 7
Fueling
Pakistan’s
Gas
Ambitions
BW is proud to be part of a project
of national importance
T
he inauguration of Pakistan’s second
LNG terminal was held on 20
November 2017, at Mazhar Point,
Port Qasim. This landmark 750
mmscfd terminal will provide LNG storage
and regasification services to help fuel
the electricity requirements of the local
community, and has the capacity to handle
over five million tons of LNG per year.
The terminal comprises a brand-new LNG
Floating Storage and Regasification Unit
(FSRU), jetty and marine infrastructure, and
RLNG pipeline to relay gas from the jetty to
the delivery point on the national gas grid.
8 Global BW World Horizon Issue 04/2017 World Horizon Issue 04/2017 Global BW 9
1 3 4
3. 4.
H.E. Shahid Khaqan Abbasi, Prime Minister BW Group CEO Carsten Mortensen (middle)
of Pakistan (right) together with BW with Captain of BW Integrity Jan Egil Torvik
Group CEO Carsten Mortensen (middle) (left) and Chief Officer Ole Raknes (right)
and GM BW LNG Ashok Krishnan (left)
The LNG import terminal was awarded in the country. Heeding this call, the Added Yngvil, “We are proud to team up
through an internationally competitive Consortium has plans to invest an additional with Mitsui to further enhance our delivery.
2
bidding process with Galway acting as the half a billion dollars collectively into the BW and Mitsui have a long history of close
1. technical and commercial consultants to second terminal – this significant investment cooperation and having Mitsui as our JV
Showing H.E. Shahid Khaqan Abbasi, PLTL, and was won by the Pakistan GasPort represents the trust and confidence the partner is a special relationship in which we
Prime Minister of Pakistan, around Consortium Limited (PGPC). BW is proud to private sector has on the future of Pakistan. hope to build for many years to come.”
the bridge of the vessel. provide and operate LNG Floating Storage
and Regasification Unit (FSRU) the BW Says Yngvil Asheim, MD BW LNG, “BW Says BW Group CEO Carsten Mortensen,
2. Integrity for this project. Fauji Oil Terminal Integrity is ready to start on her mission “BW Group’s vision is to be “Best on
BW Group CEO Carsten Mortensen (3rd and Distribution Company (FOTCO) owns to help meet Pakistan’s energy needs, Water”, and since 1955, we have always
from right), MD BW LNG Yngvil Asheim and operates the pipelines, and Trafigura and she will be managed by some of served our customers to the best of our
(4th from right) and GM BW LNG Ashok Holdings Limited is an equity partner. the best people in the industry. BW has ability. We look forward to a strong and
Krishnan (right) together with JV partners a large pool of professional and well- long-lasting relationship with the Pakistan
from Mitsui posing for a picture before In 2015, Pakistan began importing LNG, and trained seafarers to operate the vessel, State and Central authorities, and all our
heading for a dinner hosted by the currently imports over 4.5 million tons per all working with Zero Harm in mind to business partners here in Pakistan. BW
Governor of Sindh HE Mohammad Zubair. year. The Government projects that demand provide continuous, safe and efficient will be here to support all of Pakistan’s
for LNG will grow to about 30 million tons service 24 hours a day, seven days a week, future energy needs, especially in the gas
per year by 2020, and is encouraging 365 days a year, for the next 15 years”. sector. On behalf of all at BW, our best
industry players to set up LNG terminals wishes for Pakistan and for this terminal”.
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10 Global BW World Horizon Issue 04/2017 World Horizon Issue 04/2017 Global BW 11
BW Fleet Management Continues
The Journey
Towards We want you to return home safely to your family and friends
Non-compliance with the BW Life-Saving rules is a disciplinary matter
permit
Always maintain Always follow BW’s Always work with a Always verify isolation
good housekeeping drug and alcohol policy valid work permit and/ before work begins and
or risk assessment follow the Lock Out/
when required Tag Out-procedure
Introducing the BW Life-Saving Rules and the Zero Harm Appraisal
B
W is committed to our vision of findings of which formed the basis of the awareness of activities which are most
If you see an unsafe act,
STOP WORK
and reassess the task
Zero Harm. Recognising that it is Behavioural Competency Framework (BCF) likely to result in fatalities. They highlight
IGNORING IS
a journey, many initiatives have project which was established in 2015. simple actions one can take to protect ACCEPTING
been implemented in recent colleagues and ourselves”. His words are Always protect yourself Always position yourself Always stop work and report
years to support our ambition. BW Working systematically to develop supported by Ivar Wilhelmsen, Head of and colleagues against in a safe zone in relation when you see an unsafe act or
Fleet Management’s (BWFM) current the right behaviours across shore and HSEQ, who says: “These rules, ranging Always work with a fall when working to moving and when control actions from the
appropriate PPE at height energized equipment risk assessment are not in place
safety statistics, which are better than sea organisations forms a key part of from good housekeeping to good work
industry benchmarks, indicate that BWFM’s safety strategy. In 2016, the Zero practices and safe driving habits, are simple
these efforts are having an impact. Harm vision was refined into a strategic to understand and follow. The rules are
roadmap which focuses on three main binding for everyone, including contractors,
BWFM will not allow complacency to creep pillars – Visible Leadership, Learning from and has been formed as a result of our
in. Therefore, we are taking measures Incidents, and Zero Harm Behaviours. commitment to return home safe.” SYSTEM
OVERRIDE
to further entrench our strong safety
culture. A key part of this is our approach Within the Visible Leadership pillar, a key Whilst the word “Rules” have a normative SPEEDING
to the human element. In 2014 BWFM initiative is the newly rolled out BW Life- and also a kind of punitive meaning, the
began to emphasise the human element Saving Rules. These rules now apply to both wording chosen to express each rule is
Always use mobile Always obtain Always wear your seatbelt when Do not drive under the
in safety; which means focusing on the sea and shore organisations and reflect BWs positive. Instead of saying “don’t do” we phones and non- authorization before in a vehicle. While driving, do influence of alcohol
people within organisations and their core safety principles. The purpose of the mostly say “always do”. This wording intrinsically safe items in overriding or disabling not use your mobile phone or and drugs
interaction with systems and equipment Life-Saving Rules is to have a set of simple has been chosen in recognition that designated areas only safety critical equipment exceed speed limits
to ensure safe and efficient operations. rules which, if followed, reduces the chance most of the time our people do the right
of personal accidents. Lars Pedersen, MD things. The Life Saving Rules act as a
Shipping is a hazardous industry with a high BWFM, says: “Management recognises nudge, a prompt, to continue to do so. These Life-Saving Rules set out by the company are binding on
number of workplace risks. Acknowledging the value of providing clear, simple and all staff and contractors
these facts, BWFM has increased its focus consistent communication regarding risks The BW Life-Saving Rules have been rolled
on behaviours. In 2014 BW conducted in the workplace. The BW Life-Saving rules out across BWFM vessel segments.
an extensive organisational survey, the focus on modifying behaviours by raising
Removable Page (Tear along perforation)
12 Global BW World Horizon Issue 04/2017 World Horizon Issue 04/2017 Global BW 13
Zero Harm
Group Fleet List
and Contact Details 4 55 15 53 21 17 13 Operational Resilience
Very Large
Crude Carriers+
Product
Tankers
Chemical
Tankers
LPG
Vessels
LNG Carriers
and FSRUs
Offshore
Fleet
Dry Bulk
Carriers Ability to bounce back in unexpected situations
VLGC Fleet LGC Fleet LR 1 Product Tanker Fleet
Vessel Name Built CBM Vessel Name Built CBM Vessel Name Built DWT
Berge Nantong 2006 82,244 BW Havis 1993 57,139 BW Amazon 2006 76,565 Visible Leadership Learning from Incidents Zero Harm Behaviours
Berge Ningbo 2006 82,252 BW Helios 1992 57,160 BW Clyde 2004 73,400
Berge Summit 1990 78,489 BW Nantes 2003 59,399 BW Columbia 2007 76,604
BW Aries 2014 84,196 BW Nice 2003 59,375 BW Danube 2007 76,543
BW Austria 2009 84,603 BW Hudson 2007 76,574
BW Balder 2016 84,000 No. of vessels 4 233,073 BW Kallang 2016 74,000
BW Birch 2007 82,303 BW Kronborg
BW Lara
2007
2004
73,708
73,495
Leadership Development Zero Harm Library Zero Harm Appraisal
BW Boss 2001 84,301
BW Brage 2016 84,000
LNG Fleet BW Lena
BW Nile
2007
2017
76,578
74,000
Life Saving Rules Disciplinary Process Zero Harm Profile Test
BW Carina 2015 84,154 Vessel Name Built CBM BW Orinoco 2007 76,580
BW Cedar 2007 82,260 BW Rhine 2008 76,578
BW Confidence 2006 83,270 Berge Arzew 2004 135,327 BW Seine 2008 76,580
BW Denise 2001 78,647 BW Boston 2003 135,297 BW Shinano 2008 76,594
BW Empress 2005 78,908 BW GDF Suez Brussels 2009 159,263 BW Tagus 2017 74,000 Management commitment to Zero Harm Case studies / Reflective learning Behavioural Competencies
BW Energy 2002 82,551 BW GDF Suez Everett 2003 135,268 BW Thames 2008 76,587
BW Freyja 2016 84,000 BW GDF Suez Paris 2009 159,288 BW Yangtze 2009 76,579
Ship visits from senior management Upgrade safety equipment & PPE Resilience / Reflective learning
BW Frigg 2016 84,000 BW Pavilion Leeara
BW Pavilion Vanda
2015
2015
161,820
159,438
BW Yarra 2017 74,000 On board safety meetings with ship staff Root Cause Analysis (by TapRoot©) Safety campaigns & initiatives
BW Gemini 2015 84,196 BW Zambesi 2010 76,578
BW Kyoto 2010 83,299 LNG Benue 2006 143,033 Compass 2006 72,736 Just Culture Training adapted to workplace Risk Assessment / Change Management
BW Leo 2015 84,195 LNG Enugu 2005 143,007 Compassion 2006 72,782
BW Liberty 2007 84,597 LNG Imo 2008 145,467 Onomichi Vessel 1 2019 80,000 BTM | ERM | CLM | Command Course Near Miss Reports Navigational competence
BW Libra 2015 84,196 LNG Kano
LNG Lokoja
2007
2006
145,567
145,557
Onomichi Vessel 2 2019 80,000 SOQC Work / Rest hour Management
BW Lord 2008 84,615
BW Loyalty 2008 84,601 LNG Ondo 2007 145,483 No. of vessels 23 1,741,061
LNG Oyo 2005 142,924
BW Magellan 2016 84,171 LNG River Orashi 2004 142,996
BW Malacca 2016 84,105 DSME Hull 2435 * 2017 173,400 LR 2 Product Tanker Fleet
BW Maple
BW Messina
2007
2017
82,291
84,000
DSME Hull 2436 *
DSME Hull 2489 *
2018
2019
173,400
173,400 Vessel Name Built DWT
CREWING STRATEGY COMPETENCE MANAGEMENT OPERATIONAL LANDSCAPE
BW Mindoro 2017 84,000
BW Njord 2016 84,000 No. of vessels 18 2,719,935 Daehan Hull 5021 * 2019 115,000
BW Oak 2008 82,253 Daehan Hull 5022 * 2019 115,000
BW Group
Website www.bw-group.com
BW Odin
BW Orion
2009
2015
82,000
84,196 MR Product Tanker Fleet
Daehan Hull 5023 *
Daehan Hull 5024 *
2019
2019
115,000
115,000 Collaborative Ambitious Reliable Enduring
Singapore +65 6337 2133 BW Pine 2011 80,156 Daehan Hull 5025 * 2019 115,000
BW Prince 2007 82,383 Vessel Name Built DWT Daehan Hull 5026 * 2019 115,000
BW Princess 2008 82,383
BW Offshore BW Sakura 2010 78,500 BW Bobcat 2014 49,999 No. of vessels 6 690,000
Website www.bwoffshore.com BW Thor 2008 82,000 BW Cheetah 2014 49,999
Singapore +65 6632 7888 BW Tokyo 2009 83,270 BW Cougar 2014 49,999
+47 2313 0000 BW Trader 2006 78,631 BW Eagle 2015 49,999 Chemical Tanker Fleet
Norway BW Egret 2014 49,999
USA +1 713 781 0670 BW Tucana 2016 84,196
BW Tyr 2008 82,000 BW Falcon 2015 49,999 Vessel Name Built DWT
Nigeria +234 127 05 146/ BW Var 2016 84,000 BW Hawk 2015 49,999
+234 127 05 147 BW Volans 2016 84,134 BW Jaguar 2014 49,999 Bold World 1998 19,128
Brazil +55 2125432339 BW Kestrel 2015 49,999 Bright World 1997 19,299
Maharshi Vishwamitra
Oriental King
2001
2017
84,301
84,000 BW Leopard 2014 49,999 BW Argon 2016 19,900 To support our middle pillar, Learning from Within this pillar a new appraisal system and improved performance, forming
BW Lioness 2014 49,999 BW Mia 2008 19,702
BW LPG Yuricosmos
Mitsubishi Hull 2335 *
2010
2020
78,908
84,000
BW Lynx
BW Merlin
2013
2015
49,999
49,999
BW Stream 2010 19,998 Incidents, BWFM adheres to a “Just Culture”. has been developed. The Zero Harm the cornerstone in our future efforts
Website www.bwlpg.com BW Boron 2016 19,900
Singapore +65 6705 5588
Mitsubishi Hull 2336 * 2020 84,000 BW Myna
BW Osprey
2015
2015
49,999
49,999
BW Cobalt 2016 19,900 A Just Culture balances the need for an Appraisal considers performance against to strengthen our safety culture. The
USA +1 713 781 0670 BW Gallium 2017 19,900
No. of vessels 49 4,061,755 BW Panther
BW Petrel
2014
2016
49,999
49,999
BW Helium
BW Iridium *
2017
2018
19,994
19,900
open and honest reporting environment defined and measurable technical and Zero Harm Appraisal has been rolled
BW Pacific BW Puma
BW Raven
2013
2015
49,999
49,999
BW Lithium
BW Mercury *
2017
2018
19,981
19,900
with the end goal of encouraging a quality non-technical skills, allowing skill gaps to out to our LPG and LNG fleets with the
Website www.bwpacifictankers.com Dry Bulk Fleet
Singapore +65 6434 3770
BW Swift
BW Tiger
2016
2014
49,999
49,999
BW Neon *
Fukuoka Hull 1323 *
2018
2018
19,900
19,900
learning environment and culture. The BCF be identified and given priority for further remaining segments underway.
Denmark +45 7211 2810 Vessel Name Built DWT
BW Wren 2016 49,999
USA +1 713 781 0670 JMU Hull 5150 * 2019 49,500
Fukuoka Hull 1324 * 2018 19,900
project has continued to implement the development. The system has at its core
BW Acorn 2010 82,000 JMU Hull 5151 * 2019 49,500
BW Barley
BW Canola
2010
2014
82,000
82,000
JMU Hull 5158 * 2020 49,500
No. of vessels 15 297,202
Just Culture platform to ensure transparency the principle of continuous and positive BWFM’s approach aims to cut across
BW Dry Cargo JMU Hull 5159 * 2020 49,500
Singapore (Principal) +65 6337 2133 BW Durum
BW Einkorn
2016
2010
61,200
82,000 Offshore Fleet and fairness across our processes. Work development of our people. Areas identified departmental silos and create Operational
Denmark (Agency) +45 7211 2820 No. of vessels 26 1,297,978
BW Flax
BW Hazel
2010
2013
58,000
81,510 Vessel Name is continuing within BWFM to ensure for further development are followed up Resilience; the ability to bounce back
BW LNG Oshima Hull 10974 *
Oshima Hull 10975 *
2020
2020
61,800
61,800
VLCC Fleet+
Abo the concept is understood by all. through the robust new appraisal system. from unexpected situations. Because we
Singapore +65 6337 2133 Oshima Hull 10976 * 2021 61,800 Azurite
Norway +47 6721 1600 Oshima Hull 10977* 2021 61,800
Vessel Name Built DWT
Belokamenka mustn’t forget that at the core of all of the
USA +1 713 781 0670 Tsuneishi Hull SC338* 2019 81,600 Berge Helene
Tsuneishi Hull SC339* 2019 81,600
Samsung Hull 2229 *
Samsung Hull 2230 *
2019
2019
319,000
319,000 BW Athena The driving force in BWFM’s human element The Zero Harm Appraisal system creates initiatives lies the knowledge that there
BW Catcher *
BW Fleet Management
No. of vessels 13 939,110
Samsung Hull 2231 *
Samsung Hull 2232 *
2019
2019
319,000
319,000 BW Cidade De São Vicente program is the Zero Harm Behaviours. the conditions for behavioral change is no one that someone won’t miss.
Singapore +65 6337 2133 BW Joko Tole
Norway +47 6721 1600 BW Pioneer
India +91 (22) 4248 4000 FSRU Fleet No. of vessels 4 1,276,000 Cidade de São Mateus
Philippines +63 (2) 895 2469 Espoir Ivorien
Vessel Name Built CBM Peregrino
Petróleo Nautipa
BW Chemicals BW Singapore 2015 170,000 Polvo
Singapore +65 6337 2133 BW Integrity 2017 170,000 Sendje Berge
DSME Hull 2488 * 2018 173,400 Umuroa
Yùum K’ak’Náab
No. of vessels 3 513,400
No. of units 17
Correct as of 4 December 2017 | +
The BW VLCC Fleet has been transitioned to DHT as of June 2017. BW is now a significant shareholder in DHT with a 33.5% holding.
14 BW Group Fleet World Horizon Issue 04/2017 World Horizon Issue 04/2017 BW Group Fleet 15
From Cadet
to Captain
Captain Rhys Plaza is BW’s first homegrown
Filipino Captain onboard an LNG carrier
Article contributed by Rosalinda Cruz,
President, BW Shipping Philippines (Above) Captain Plaza and his colleagues
Left to Right 2Off Vjaceslavs Vasiljevs, Chief Officer Aleksandr Semenko, Captain Rhys Plaza,
Technical Superintendent Johan Christian Owre, 3Off Bruce Wayne S. Sanes
G
rowing up in his hometown in In 1998, he got married and decided to GDF Suez Brussels, as BW’s first homegrown
Ormoc City, Leyte, Philippines, stop sailing to spend more time on shore Filipino Captain onboard an LNG carrier.
a young Rhys Plaza dreamt of and start a family. He was employed in
becoming a doctor. Little did he a Cebu-based company, operating fast When asked how he felt during the take-
know that his future would bring him ferries plying famous ports in the central over of command from Captain Andrew
far from shore and all the way to sea. Philippines as Chief Officer and later, Master. Tenant, he said “It is a great privilege and a
He instead arrived in June 1989 at the When more officers were required following challenging opportunity to be commanding
registrar of the University of Cebu, Cebu City, the merger of Bergesen and World-Wide a new type of vessel, bigger in size with
convinced to take up a seafaring career by Shipping, he heeded calls from the office diesel electric twin screw propulsion, and
his uncle. He studied hard and graduated to sail again as Second Officer on Berge manned with a multinational crew on
cum laude in his class with a Bachelor Arrow (2005). He was promoted to Chief board.” BW has over 1,600 Filipinos in its
of Science in Marine Transportation. Officer on the next assigned vessel, BW pool of seafarers, and of this, nearly half
Sund (2006). He continued to perform well are either junior or senior officers. Crew
He then travelled to Manila to submit over the years, earning recommendations retention rate, at 95%, is among the top
job applications and with glowing school from captains he sailed with. Finally, he in the industry. Rosalinda Cruz, President
transcripts and excellent interview skills, took command of BW Havis (2012). of BW Shipping Philippines, has this to say
he was offered employment by Havtor to aspiring crew who wish to follow in
Philippines (a Bergesen subsidiary) at a time After more than 11 years of sailing LGCs Captain Rhys’ footsteps, “Focus on what
when there were few opportunities for new and VLGCs, his interest was piqued by you want to achieve, work hard where
hires. He became a Cadet onboard LPG the technology onboard LNG carriers. you are strong, and work harder where
Havjarl (1992) where he sailed with British He expressed a desire to train and was you are weak. Weave in the corporate values
senior officers and Filipino crew, to whom appointed Extra Master on BW GDF Suez as without these, I believe one cannot lay
he is forever grateful for the training and Brussels for a month. He re-joined this out the foundation for his or her success”.
support. On his next few vessels, his hard vessel after a month’s vacation and on 22
work and determination was rewarded with September 2017, whilst the vessel was on Congratulations to Captain Plaza, and best of
promotions – from OS to AB (1993), Third passage from Niigata, Japan to Singapore, luck to all who aspire to follow in his footsteps.
Officer (1994), and Second Officer (1996). Captain Rhys Plaza took command of BW
16 Global BW World Horizon Issue 04/2017 World Horizon Issue 04/2017 Global BW 17
Winning T
he Adam Smith Awards Asia are open
to companies operating in Asia Pacific
regardless of their home base. The
BW’s finance and treasury operations
and limited the teams’ ability to support
the business and future growth.
most bank accounts in more than 10
markets with a single banking partner.
at Cash
solutions nominated for awards were To further transform its treasury, BW
deals and/or structures that have been Meeting challenges with technology Group appointed Kyriba as its Treasury
implemented, or are in the process of being To address these challenges, and to align Management System (TMS) provider.
implemented, in 2016 and/or 2017. BW the departments with BW Group’s initiative Treasury transactions such as borrowings,
Group won an award under the Best Cash to achieve greater simplicity, efficiency derivative transactions, deposit transactions
Management Category. Other winners this and accountability within the organisation, previously recorded in excel spreadsheet
Management
year include Lenovo, Thai Airways and AIA. tenders were sought for global cash were transferred to Kyriba. This allows
management, liquidity management and reporting, settlements and accounting
As the core task of every treasury treasury management systems. There entries to be automated, and improved
team, the Best Cash Management were three primary aims, namely, to internal control and enhanced data security.
category is always hotly contested. This improve efficiency and internal controls;
year, BW was judged to be the overall enhance yield and reduce costs; and Internal workflows at BW Group were
winner because of its complete cash rationalize internal funding structure. reviewed and streamlined, with a focus
management structure overhaul. on simplicity, automation, security and
Improving efficiency and internal internal control. A new legal entity was
The Finance and Treasury teams have clinched the Challenging backdrop controls included rationalising bank set up to act as an internal lender and
Best Cash Management Award at the Over the years, through natural growth, account structures, consolidating banking deposit collector to facilitate internal
new projects as well as mergers and platforms, and improving connectivity funding and reduce trapped cash. It also
acquisitions, BW Group’s bank accounts between the ERP system and the banking acts as the Payment Factory for BW where
structure had grown with little discipline platform. Enhancing yield and reducing payments are consolidated and sent.
and consisted of over 100 accounts across costs required an improvement on
12 banks and eight countries. This created visibility of cash, automated pooling of Ready for Harvest
many challenges for the Finance and funds, and reduced bank charges and The success of this treasury transformation
Treasury teams. Operations were inefficient transaction costs. Rationalizing internal project hinges on close collaboration
and there was no real integration between funding structures meant the setting up between multiple stakeholders and
its banks and the company’s Enterprise functions to rationalise internal funding departments throughout the entire project
Resource Planning (ERP) system. and to centralise payments and receipts. value chain. The numerous benefits
achieved thus far emphasizes the value of
As Jessica Cheung, VP Group Treasury After careful consideration, the Finance a best-in-class cash management solution
recalls, “We had poor visibility, non- and Treasury teams decided on a three- along with a robust technical infrastructure.
standard connectivity and file formats, a pronged bespoke solution suite.
high volume of cross-border and cross- Says Jakob Bergholdt, BW Group CFO,
currency payments, time-consuming On the cash management front, BW “the teams are working hard to transform
reconciliation, poor cash flow forecasting, Group appointed Citi as its global our fundamental treasury and cash
and cash pooling was manual. We needed banking partner to help BW Group with management approach. I am very proud
a treasury function capable of supporting its treasury and cash management of their achievements so far, and look
Who is Adam Smith? our future growth; things had to change.” structure. This partnership with Citi has forward to continued improvements
reduced the number of bank accounts in how we work so that we can
Adam Smith (1723-1790) was a Scottish philosopher and economist who is best known as the These challenges added complexity to globally by more than 20%, consolidating support BW to be Best on Water”.
author of An Inquiry into the Nature and Causes of the Wealth Of Nations (1776), one of the
most influential books ever written.
He is renowned as the father of modern economics, and a major proponent of laissez-faire
economic policies.
18 Global BW World Horizon Issue 04/2017 World Horizon Issue 04/2017 Global BW 19
F
loating Production Storage and Unfortunately, the weather was not the on the vessel. I understand it must have
Offloading (FPSO) BW Catcher left most cooperative, and rough Scottish been difficult to organise the logistics of the
BW Catcher
Singapore waters on 26 August. After autumn weather left some groups onshore event and the turnout was high. I wish my
brief stopovers and crew changes at and unable to get on board the vessel. granddaughter could have made it because
Malta and Gibraltar, she arrived at Nigg Port the children appeared to enjoy themselves”.
in Scotland on 9 October, safely moored at Says Andy Tait, spouse of Fiona Tait, HC
the quay. The FPSO stayed at Nigg Energy Administrator, “I would like to send my BW Catcher arrived at the Catcher field on
Park for about a week, for re-supply and finalappreciation for what was an interesting day. 18 October. The hook up of the Submerged
Leaving for the Field
preparations for her trip to the UK North Sea.The sheer size of the vessel was impressive Turret Production (“STP”) buoy mooring
and the tour was very informative. The system was completed the next day
While the vessel was at Nigg, the BW facts regarding the quantity of oil the vessel with the vessel successfully completing
Offshore UK office organised a Family Day can hold and the time it takes for the oil a rotation test around the buoy on 20
for all Catcher crew on 15 October. The day to be taken off was surprising. Due to the October. The final pull-in of the risers and
started off with a safety induction before weather, we were held on the vessel for umbilicals is underway and commissioning
The vessel remains on track traveling from Inverness to Nigg Energy Park. roughly an hour and when we disembarked, activities have also commenced in
for first-oil in 2017 All family members were invited to a vessel it was still rather wild but it was all carried parallel. Delivery of first oil remains on
tour. While waiting for the tours the younger out with safety at top of mind. Please also schedule by the end of the year.
family members were kept entertained with pass on my appreciation to the kitchen staff
face painting, table crafts and floor games. who ensured we were well fed whilst stuck20 Global BW World Horizon Issue 04/2017 World Horizon Issue 04/2017 Global BW 21
Pictures from the archives of Oshima Shipbuilding, for the christening ceremony of Hull Number 246 “Asia Rindo”,
the first vessel built for World-Wide Shipping.
N
early two years ago on 16 the water, BW is nimble-footed and ready to chartered out to Sanko Steamship.
March 2016, BW announced the take advantage of market conditions. In two
establishment of a department years, BW bought nine and sold two vessels, Osaka Shipbuilding went on to construct
to explore opportunities in the BW Grain (March) and BW Indigo (June), another 32 vessels for World-Wide
dry bulk segment between 50,000 and and purchased newbuildings from Oshima Shipping, with the last vessel delivered
90,000 dwt. The department had the Shipyard in Japan. BW also entered into a in 19831. This was Osaka Shipbuilding’s
mandate to explore opportunities available Joint Venture with Marubeni in August 2017, single largest account for an overseas
in the market at a “moderate pace”, with called BW Maru, and teamed up with Berge ship owner. In 1973, the Minami family
focus on current vessels on water. Bulk to purchase two cape size bulk carriers. established a new shipbuilding company
and facility in Nagasaki, Japan called
BW Dry Cargo ApS, acting as agent for BW Resting on Deep Relationships Oshima Shipbuilding Co., Ltd. together with
Group, now comprises a small team of Even though BW Dry Cargo ApS was formed Sumitomo Corporation and Sumitomo Heavy
five with Christian as Managing Director, less than two years ago, relationships within Industries and reduced its shipbuilding
Morten Bang as Senior Chartering Manager, this business are key, with our Charterers, activity in Osaka. 34 years after the delivery
Matias Andersen as Senior Operations Sellers and Shipyards. The newbuildings of World-Wide’s last vessel, BW has ordered
Manager, Harry Saranditis as Senior currently on order are from Oshima shipyard, bulker newbuildings from the grandson
Technical Manager, and Marie Intile as a shipyard whose relationship with BW of of the original founding family, with the
Office Manager and Personal Assistant. This more than 40 years can be traced to Sir Y.K. vessels to be delivered in 2020 and 2021.
entrepreneurial team has had to contend Pao, the grandfather of the current chairman.
with a difficult market, but nevertheless Says Billy Chiu, Senior Vice President, “In
have found opportunities for BW Group to The Minami family is the founding member any business, one has to create strong
New Business,
buy and sell vessels, negotiate newbuilding and major shareholder of Oshima, and relationships to survive and thrive. We are
contracts, and even form a joint venture. started a shipyard in Osaka called Osaka extremely passionate about this business
Shipbuilding Co., Ltd. Osaka Shipbuilding and the legacy of company we represent
“BW Group’s business philosophy is was established in 1936 and was one of – I am sure our clients feel this, both the
to keep it very simple, have a small the leading shipbuilding company in Japan ones we have had through generations but
talented team acting on its behalf which started to receive newbuilding equally important new ones. When a fair
and focus on a few selected first-class orders from various overseas shipping amount of resources, be it time or money, is
Deep Relationships
charterers – this philosophy keeps BW companies/owners during 1950s. Osaka invested into a venture, trust is fundamental
agile and able to react quickly to market Shipbuilding delivered 18,599 dwt Log/ to success. We at BW appreciate the trust
changes – both when it comes to buying, Lumber Carrier named m.v. Asian Rindo from our partners and customers.
but also selling”, says Christian. in 1968. She was the first newbuilding
vessel Osaka Shipbuilding constructed
Securing Business Opportunities for World-Wide Shipping, which was
With a current fleet size of seven vessels on
BW Dry Cargo is full steaming towards business opportunities
1
World-Wide also took delivery of a newbuild handymax from Oshima in 1997, named World Rover.
She was a resale and World-Wide took over the contract22 Global BW World Horizon Issue 04/2017 World Horizon Issue 04/2017 Global BW 23
Introducing the F
ollowing the decision to explore
alternative commercial models,
BW Energy Holdings Pte. Ltd. has
been formed as a joint venture
company between BW Offshore and
Maple Company Limited, a wholly-owned
BW Energy Team
subsidiary of BW Group Limited. BW
Energy Dussafu BV is a wholly owned
subsidiary of BW Energy Holdings.
BW Energy Dussafu BV is currently in the
development phase of the Ruche Exclusive
Exploitation Area (EEA) located in offshore
Exploring alternative commercial models offshore southern Gabon. The Ruche EEA was
acquired in April 2017 with a fast track P10
First Oil targeted for the second half of 2018.
The initial development (Tortue Phase 1)
includes the drilling of two subsea horizontal
producing wells, DTM-2H and DTM-3H, which
will be tied-back to an Floating Production
Storage and Offloading unit (FPSO).
The Tortue field is located in 115 meters
water depth and situated 60 km to the south
of BW Offshore’s FPSO Petroleo Nautipa
which produces from the prosperous
Etame complex. The Drilling Team is
led by Gordon Mutch and is located in
Aberdeen. The subsurface team is led by
Javed Achtar, and is located in Houston. Adds Thomas Kolanski, VP Business Ruche and Walt Whitman. The team
The Deputy Project Manager/Engineering Development and General Manager, is also working closely with the BW
Manager for the project is Chris Jones Houston. “Securing the Dussafu asset and Offshore business development team in
and they are located in Houston. The executing this development on a fast track evaluating new and interesting projects.
team being assembled locally in Gabon is schedule is an amazing opportunity to
headed by Urbain Beka, Deputy General immediately implement BW Offshore’s new As a prudent and responsible Operator, BW
Manager. In all aspects of the project, the Vision and Purpose, and fully utilize the Energy Dussafu is committed to develop
team includes individuals with significant new skill sets housed within BW Energy. safe and long-term stable production
exploration and production experience in We are confident that this new model will from the EEA, while maximizing recovery
the offshore Gabon region. Says Lin Espey, take maximum advantage of the current for the State and Partners. As a socially
Managing Director of BW Energy Holdings, down market and create opportunities that responsible corporation, BW Energy
“We have a very exciting opportunity to will outpace and outperform competition.” Dussafu supports the region by annually
leverage BW Offshore’s vast FPSO and contributing to the Hydrocarbon Support
engineering experience in combination In addition to Tortue Phase 1 development, Fund as well as to local training.
with BW Energy’s significant experience the team is evaluating further development
in the offshore Gabon area, to deliver options for the Ruche EEA. Multiple
Front Row/Left to Right
an attractive commercial development development phases at Tortue are
Bill Parker, Jeff LaMotte, Imraan Husain, Javed Ahktar, David Tong, Elise Storaune, Jennifer
during this especially costconscious possible, as well as the development
Montoya, John Price, Iain Robert McFarlane, Michelle Pittman
time in the oil and gas industry.” of satellite field discoveries such as
Back Row/Left to Rright
Howard Cornelius, Paul Marlow, Chris Jones, Lin Espey, Sundhar Raghuraman, Arshia Loloee, Thomas Kolanski24 In The Spotlight World Horizon Issue 04/2017 World Horizon Issue 04/2017 In The Spotlight 25
Welcoming Pia Schnitler,
Head of Human Capital, BW Offshore
World Horizon [WH]: Welcome to BW Offshore, WH: What would you consider as critical skills for your role?
and to the wider BW family! Please tell us about
your educational and professional history. PS: I think my experience with different leadership roles in
large complex matrix organisations is valuable. To maintain
Pia Schnitler [PS]: Thank you! It has been a very and further develop the HC function, I will utilise my broad
positive experience for me to start in BW Offshore. experience from different functions to understand the needs
of the organisation, as well as understand the different
I have a MSc degree in Naval Architecture from NTNU, the processes in the company. Being new in the company
Norwegian University of Science and Technology. My first job also enables me to add some new perspectives.
was as an approval engineer in DNV GL. Thereafter, I got a job in
the US, at the Philly Shipyard during the yard development and WH: What are your priorities for the next 12 months?
construction period. That was a great experience to learn the
concept of gathering best practice and state of the art processes PS: I will be able to answer for the 12 months more specifically
internationally to implement into a different culture and setting. later, as I just started three weeks ago. My very first priority now
I enjoyed another great leap of learning at DNV GL, where I is to build relationships and get to know the people and processes
stayed for the next six years. The consulting mindset taught in the organisation. It is important for me to build on the great
me a lot about analytical and structured problem solving. work that everybody has done during the last years. Like the
common culture with I LEAD, and the alignment of all locations
In the
For the last 10 years I have worked in Aker Solutions and and the fleet, there are also new elements in the strategy and
Kvaerner within HR management, quality management, continual new functions in the organisation that I have started to engage
improvement, including exciting change and reorganisation projects. with, to support and enable implementation into the organisation.
I have a passion for people development and effectiveness WH: Tell us a little-known fact about yourself.
of work processes. That has led me from my starting
spotlight
point as a technical engineer into roles which focus more PS: During my time at university I was competing at the
on organisational and leadership development. international level in Telemark skiing. I actually won the
world championship 1994 in La Clusaz in France.
WH: What attracted you to this post, and to BW Offshore?
PS: What attracted me immediately was how the Human Capital
function is positioned and valued in the organisation as a whole.
The international perspective and the FPSOs also fascinated me. Not
Pia Schnitler
the least, from the very first interview, the people and the culture
I experienced made me even more confident that this was a place
where I really would like to work. I LEAD is for real in BW Offshore!26 Around The World World Horizon Issue 04/2017 World Horizon Issue 04/2017 Around The World 27
1. 4a and b. 5a and 5b.
Around
Pavilion Energy Golf Dinner Visiting BW Jaguar BW Yarra’s Maiden Voyage
Good company, good food and good cheer at the Pavilion BW Jaguar was at anchorage Captain Rudra Prosad Mukherjee
Energy Industry Networking Dinner 2017 event. in Oslo and colleagues received plaques from the
Seated, L-R: Rosuke Tsugaru, Chief Executive, Diamond Gas based at the Oslo office Ports of Mackay, Townsville
International; Ezhar Yazid Jaafar, Chief Executive Officer and Chief took the opportunity to and Brisbane to commemorate
Marketing Officer, Petronas LNG; Tan Sri Mohd Hassan Marican, visit crew on 14 August. BW Yarra’s maiden voyage
the
Chairman, Pavilion Energy Pte Ltd; Andreas Sohmen-Pao, and discharge in Australia
Chairman, BW Group; Ng Chee Keong, Chairman, Jurong Port. in August. Captain Rudra is
Standing, L-R: Goh Yong Siang, Director, Pavilion Energy pictured with Pilot Phil Palmer
Pte Ltd; Teo Kiang Ang, Non-executive Chairman, Union at Mackay, and with a Port
Gas Holdings; Steve Hill, Executive Vice President for Gas Representative at Townsville.
and Energy Marketing and Trading, Shell; Djohardi Angga
World
Kusumah, Senior Vice President of Gas and Power, PT
Pertamina; John Ng, Chief Executive Officer, Singapore LNG.
2. 3a and b.
100th STS Operation Mock Mediation Session
The team onboard BW and Panel Dialogue
Singapore celebrated BW Group’s legal team
their 100th STS Operation partnered with the
(Ship-to-ship transfer) with Singapore Mediation Center
a cake and a team photo to host a mock mediation
on 24 July. Well done! session and panel dialogue
on 26 September.
1 2 4a 4b
3a 5a 5b
3b 5b28 Around The World World Horizon Issue 04/2017 World Horizon Issue 04/2017 Around The World 29
6. 7. 8a, 8b and c (Next Page). 9. 10.
BW Offshore Learning BW Integrity Loan Financing VMV Workshop and IMC 2030 Report BW Citibank Friendly Futsal
How To Manage Time The signing for the BW Conference at Mumbai The Singapore Shipping On 20 October, BW and Citibank had a friendly futsal game between BW
Instead of letting time control Integrity US$191.8 million loan A group picture taken during a Association held its 32nd and Citibank. Gary Chan, Managing Director, Singapore Corporate Banking,
you, you can turn the tables and facility was concluded on 22 VMV workshop and conference Anniversary Gala Dinner on says, “We thank BW Group for hosting us to a great game of Futsal! This
get control of your time. Through September. The loan facility conducted by Third Party 22 September, at Sands Grand was a great opportunity for the Citi team to do something fun with many
the collaboration with ILS is provided by Crédit Agricole Ship Manager Synergy in Ballroom, Marina Bay Sands team members of BW Group and more importantly, to forge an even
(Integrated Learning Systems), a Corporate and Investment Bank Mumbai for officers serving Singapore. BW Group Chairman stronger relationship with a key franchise client. We were impressed with
group of BW Offshore employees and KfW IPEX-Bank, with support on BW vessels in August. Andreas Sohmen-Pao, in his the skill, teamwork, and competitive spirit of the BW team. The better team
have learnt to make the best from Korea Trade Insurance capacity as Chairman of the clearly won and we will strive to put up a tougher fight the next time!”
use of the time they have. Corporation (K-Sure). Heartiest International Maritime Centre
congratulations to all parties who (IMC) Committee, presented
were involved in this transaction the IMC 2030 report to Dr
negotiation and closing! Lam Pin Min, Senior Minister
of State (SMS) for Ministry
of Transport and Ministry
6 7
of Health at the event.
8c
8a
9 10
8b30 Global BW World Horizon Issue 04/2017 World Horizon Issue 04/2017 Global BW 31
11a and b. 12a and b. 13. 14a and b. 15a and b.
Women in Energy BIMCO Mayen Congratulations on Greetings from Camp Boss King and Queen of the Hill
Yngvil Åsheim, MD BW LNG, BIMCO in conjunction with the Copenhagen Business School have Achievement onboard Berge Helene On October 11th, BW Offshore held the yearly
was guest speaker at a Women jointly developed a series of Masterclass courses which are delivered Congratulations to senior The Camp Boss onboard Berge bike run ”King and Queen of the Hill” along
in Energy breakfast talk on in various locations across the world. The Ship Management purchaser Connie Catan on being Helene sends greetings and the famous route up to “Tryvannstårnet” in
10 October where she shared Masterclass was held in Singapore on 23 – 25 October at which one of two candidates selected two pictures of the catering Oslo. 9 colleagues defied the challenging
her personal experience in Mayen Ekong, BW Group Legal Counsel, presented. Mayen spoke at by the International Marine team to WH. The Camp Boss weather condi;ons typical for the Norwegian
building a career in shipping. two sessions covering the most commonly used ship management Purchasing Association (IMPA) is responsible for all catering autumn and climbed the 377 meters over a
Yngvil also discussed the future BIMCO forms on Day One including a case study and a talk on legal for a Certified Buyer Course. and accommodation services. distance of 5.5 kilometers – “The King of the
of LNG shipping worldwide and general provisions of the Shipman 2009 form. The Masterclass Her paper on the Importance The role is regarded as a crucial Hill” within impressive 21 minutes and 30
with guests present. was attended by a mix of lawyers, fleet managers, technical of Education for the Marine position, with responsibility seconds. Aderwards the participants gathered
superintendents, claims executives and risk management executives. Sector highlighted the impact for the efficient running for a nice banquet with food and drinks.
education could have on one’s of the kitchen, ensuring
future, and won her the Jan R. safety, work schedules, and
Johannessen Bursary as well maintaining food stocks.
as placement on the course.
13 14a
11a 11b
14b
15a 15b
12a 12b32 Around The World World Horizon Issue 04/2017 World Horizon Issue 04/2017 Special Thanks 33
Special 25
November
Geir Magne Skj˘svik, Master
Years Lars Harald Moltust˘l, Master
16a and b. 17. 18.
Diwali Lunch Collaboration Across Paintball in Johor Bahru Reynaldo Catiltil Seidel, Marine Operator
Thanks
Staff at the Singapore Office, Departments for a meal The Commercial team based Viktoras Berzanskis, OIM
both 17th and 18th floor, Global Procurement checked in Singapore is all set for a
celebrated Diwali together with a prices and ordered a “small game of paintball in Johor December
scrumptious lunch on 17 October. volume” lunch and AP Bahru, Malaysia in October.
Response to this informal lunch finally checked the invoice Eduardo Que Calasin, Mechanical Technician
was so warm, colleagues prior to payment.
To . . .
had to organize themselves
and split into two venues.
20
Years
July
Catalan Mateo Genova, Motorman
Lingo Eliseo Jr, Oiler
August
35
Years
October
Wallace Alasdair Martin, Master
Piencenaves Mario Sumile, Engine Fitter
Basbas Juan III, Oiler
December September
16a 16b Bardsley John Sergeant, Master Alvarez Ronald Oyapoc, Able Seaman
Malay Reynaldo Medina, Bosun
30
Years
October
Geoffrey Pearson, Global Head of Fleet Security
Manong Victorino Jr, Chief Cook
Nonaillada Virgilio, 3rd Engineer
Paloma Jose Jr. Juanir, 3rd Engineer
November Tiongson Allan, 3rd Engineer
Rosario Menino Antao, Camp Boss
October
December
Bhandare Surendra Yamaji, Bosun
Andrew Stewart Tennant, Master
Furtado Freud Oscar Nazareth, Chief Cook
Timothy Joseph Lehane, Master
Gukaliuk Stepan, Master
Jakovics Eriks, Chief Engineer
17 18
25
Years
July
Abaquita Edgar, 2nd Engineer
Melchor Jr. Namucatcat Persegas, GP Maintenance
Minasidi Alexander, Master
Roar Gillebo, Technical Superintendent
Baltazar Elizer Cairel, Chief Officer
Caneda Gilbert Canada, Able Seaman
November
October Rune Tuft-Vangen, Chief Officer
Derecins Jurijs, Chief Officer
December
Osborne Alan Peter, Safety & Quality Coordinator
Polyakov Alexander, Chief Officer Pereira Bradley James, Senior Manager
Zakharov Anatoly, Master
15
November July
Bekal Harischandra, Messman Bongco Ceresto Galicia, Reefer man
Years Jumayao Jeffry, Able Seaman34 Special Thanks World Horizon Issue 04/2017 World Horizon Issue 04/2017 Special Thanks 35
15
August
Years
Guman John Jr. Olhachan, Chief Officer Jr. 10
Years
Lacambra Willard Talosig, 3rd Engineer
Lim Tirnan, ETO 10
November
Alphonse Amalan, Motorman
Poblete Porfirio, 3rd Officer Magsayo Geoseph Rey Dombales, 2nd Officer Years Bhupinder Singh, 2nd Officer
Solis Joven, Able Seaman Manicad Rolando Calub, Master Ignat Cosmin Alexandru, Chief Officer
Ortonio Ronald Vacuna, 2nd Officer Jitendra Bhikhubhai Jilka, Senior
September
Pura Roland Ereno, Storekeeper Engineer Instrumentation
Cutamora Camilo Francisco Cerro, Able Seaman Quiambao Jeffrey Figuerao, 3rd Officer Johnny Francisco Revuelta Acosta,
Eduarte Bayani Candelaria, Motorman Yanez Winlove Martin, 2nd Officer Laboratory Technician
Fresco Vincent Inojales, Motorman Juan Hernandez Mayo, Laboratory Technician
Kunhhi Purayil Krishanth, Able Seaman
October August
Linda Teh, Head of Corporate Affairs
Bogdanovics Igors, Chief Engineer Del Castillo Roberto Jr, 3rd Engineer and Group Corporate Secretary
Dravolins Valerijs, Chief Officer Lape Lope Perlas, Able Seaman Marcu Marius, Chief Officer
Elmo Regan Davids, OIM Necesito Arvin, Chief Engineer Marvin Ocido Sto. Tomas, Marine Supervisor
Fernandes Ulrich Savio, Cargo Engineer Pocession Arnel, 2nd Officer Neo Yoke Peng Audrey, Secretary legal
Khodakovskiy Igor, Master Palakunnath Sreejith, Bosun
Kulakovs Aleksejs, Chief Engineer September Ridwan Mardiana, E & I Supervisor
Mazarello Edric, Bosun Rogelio Arias Angeles, Production Operator
Acas Mark Lester Balbuena, Able Seaman
Olegs Belousovs, Fitter Salvador Arellano Escalante, Senior
Balido Richard Balason, 2nd Cook Instrument Technician
Pletena Tatjana, Chief Officer Gabuco Arnold Dagaraga, Control Room Operator Singh Harish Chandra, Third Engineer
Praslov Roman, Master Higa Roderick Mirano, 2nd Cook
Renelde Franck Ngoma Taty, Ledesma Redemtor Punzalan, Chief Officer
Senior Process Operator December
Malquisto Randy Bulagsac, 3rd Officer
Romanchenko Andrey, Master Ragadio Robert Dela Rosa, 2nd Officer Britto Benson, Chief Officer
Studnev Vjaceslavs, Master Torres Charles Andrew Hernandez, 2nd Officer Chitac Catalin Ionut, Chief Officer
Uppada Gopala Raju, Motorman David Andrew King, Technical and
Maintenance Manager
November October Eko Saputro, Crane Operator
Avares Savio Egidio Ivo, Motorman Balajs Aleksandrs, Second Engineer Gaspar Alexandru Gheorghe, Chief Officer
Jayaram Manel, Messman Elin Anne Dommersnes, Financial Controller Jose Bernardo Portillo Lopez, Executive
Gopalakrishnan Nair Sreekanth, Cargo Engineer Admin Staff & Payroll Executive
December Gorbunov Maxim, Chief Officer Woon Wei Zhang, Project Engineer
Igors Govsa, Senior Marine Operator Harsh Acharya, Manager Accounts
Huub Johannes H Dashorst, Asset Manager
Kavita Wadke, Asst Manager Accounts
Mathew Jayesh John, Motorman
10 July
Semenko Aleksandr, Chief Officer
Years Abanilla Mark Ron Belmonte, 2nd Officer
Anala Fotune, 2nd Officer
Senior Executive Technical Support
Strelkovs Artis, Third Engineer
Retired
Binlayo Rafael Tugbo, 3rd Officer Syed Mohamed Mohamed Ahakhan July - November 2017
Bolohabo Chavie Lim, Able Seaman Umber Thaha, Able Seaman Gwilym Wyn Williams, Onboard Trainer
Charopang Joseph, 3rd Engineer Thayalamoorthy Pragalathan, Bosun Juan Rafael Menendez Castano, Master
Dela Pena Michel Leal, Motorman Vakalov Evgeny, Chief Officer Nigel Philip Davis, Chief Engineer
Gasper Artemio Jr. Francisco, Able Seaman Yedu Sudarsan, Second Officer Olaf B˘rge Gunvaldsen, Master
Gerales Lester Joseph Tay Tay, 3rd Officer Yeo Hock Tong Nick, Document Controller Stanley Burnett, Chief Engineer
Inong Philip Adrian Villasor, 2nd Officer Yong Yark Huey Faith, Tormod Madsen, Chief EngineerH E R I T A G E
H E R I T A G E
50th Anniversary Reception of World-Wide Shipping in Tokyo
on 2 June 2005.
From Left to Right: Mr Mashashi, former Chairman of Mitsubishi
Corporation; Dr Helmut Sohmen, former Chairman of BW Group;
Mr Idemitsu, former President of Idemitsu Oil.You can also read
