OSM awarded full technical management of two Forland Shipping vessels

Norwegian firms OSM and Forland Shipping extend cooperation with this latest agreement.

Norwegian operator of offshore construction vessels (OCV), Forland Shipping of Bergen, has awarded OSM full technical management of the two OCVs Fugro Saltire and Lewek Inspector.  OSM, a third party management provider in the maritime industry with 10,000 employees delivering services to 500 vessels, already provides the crew to these two vessels.

Geir Sekkesæter, OSM CEO says: “We are very proud that Forland has chosen to extend our cooperation to full technical management. It is a strong indication that our organisation is doing a good job when our customers look for further opportunities whereby we can help them; in this instance, helping to reduce operational costs, increase purchasing power, and access to OSM’s worldwide network. 

“I believe that many of the smaller ship owning companies in the offshore sector are looking for ways to reinvent themselves. To do so requires being able to focus on strategy and business development rather than operations, and partnering with OSM can help to achieve just that.”

Forland Shipping’s Managing Director, Bjørn Kristian Jæger says: “Being a small shipping company operating in a very challenging market, we have to minimalise our operational cost, at the same time as we sustain the traditionally high performance of our vessels. After years with OSM responsible for crew management of our vessels, we are convinced that the present outsourcing of technical management will be the right answer to this situation. 

“Furthermore, this decision also enables us to focus more on strategy, business development and marketing, which we believe will be mandatory for any company’s success in future. Among others, OSM will also be one of our important resource partners in this sector.”