Tue 28 Jun 2011, 13:48 GMT

Wilhelmsen ties up Middle East deal


Wilhelmsen Ships Service wins contract to provide support to tanker company.



Wilhelmsen Ships Service (WSS) Kuwait has won a major contract to provide support to the Kuwait Oil Tanker Company (KOTC).

The Kuwait Oil Tanker Company (KOTC) is a subsidiary of Kuwait Petroleum Corporation (KPC), which is the holding company integrating KOC, KNPC, KOTC and PIC under government control.

KOTC currently owns and operates 25 vessels which include crude, product, LPG and bunker carriers. Since KPC was established in 1980, KOTC assumed responsibility for transportation of its cargoes between Europe, West Africa and Far East with Kuwait being the home port.

The UAE ports of Fujairah and Ras Al Khaimah are the major husbandry ports for KOTC and apart from spares delivery; their vessels perform repairs, crew change, take provisions and provide Cash to Master.

Throughout the three year contract, WSS will co-ordinate and provide all major services in addition to any others which the KOTC fleet and its personnel may require.

Commenting on the deal, WSS said: "Wilhelmsen Ships Service Kuwait account manager Hisham Setarah, supported by the team in Fujairah and senior management in UAE has worked diligently to win this important new business."

"We are very proud to be working with KOTC and are confident that this partnership will lead to further, equally important, business opportunities within the KOTC group," added Setarah.

Bunker Division

In 2009, Wilhelmsen Premier Marine Fuels (WPMF), one of the world's largest independent bunker brokers, was incorporated into Wilhelmsen Ships Service in a move that aimed to further enhance the company's ability to serve customers and deliver additional cost efficiencies.

This was followed last year by the incorporation of WPMF UK into its main operating centre in Dartford, Kent, which was described as a "natural move", thus providing clients with a single contact point for its range of services. The company also said that the move represented "a greater consolidation of the broad range of ships agency and bunker services that Wilhelmsen Ships Service offers to its customers."

WSS's bunker broking services aim to complement its broad range of maritime products and services. When the company's bunker brokers set up a bunker deal, they can also offer the customer in-house ships agency services in 2,200 ports around the world.

Shipping agents are a vital local link to the operational side of the bunker business, coordinating the timing of the bunkering between vessels and suppliers and dealing with all other matters relating to the delivery.


Chart showing Singapore TTM bunker sales, November 2025. Singapore bunker sales break new ground as TTM volumes surpass 56m tonnes  

Trailing 12-month bunker sales rise to new all-time record at Asian port.

Bow Leopard vessel. Odfjell launches operational green corridor between Brazil and Europe using biofuel  

Chemical tanker operator establishes route using B24 sustainable biofuel without subsidies or government support.

United LNG I vessel. Somtrans christens 8,000-cbm LNG bunker barge for Belgian and Dutch ports  

United LNG I designed for inland waterways and coastal operations up to Zeebrugge.

Photograph of a red container vessel. BIMCO adopts FuelEU Maritime and ETS clauses for ship sales, advances biofuel charter work  

Documentary Committee approves regulatory clauses for vessel transactions, progresses work on decarbonisation and emerging cargo contracts.

ABS, Eneos, NYK Line and Seacor Holdings logos side by side. Four companies launch study for US methanol bunkering network  

ABS, Eneos, NYK Line, and Seacor to develop ship-to-ship methanol supply operations on Gulf Coast.

CMA CGM Antigone naming ceremony. CMA CGM names dual-fuel methanol vessel for Phoenician Express service  

CMA CGM Antigone to operate on BEX2 route connecting Asia, the Middle East and Mediterranean.

Capt. Kevin Wong, Golden Island. Golden Island appoints Capt Kevin Wong as chief operating officer  

Wong to oversee ship management and low-carbon fuel development at Singapore-based marine fuels company.

LPC and Gram Marine launch operations in Argentina graphic. LPC launches Argentine marine lubricants hub with Gram Marine  

Motor Oil Hellas subsidiary partners with maritime services provider to supply products to regional ports.

Chicago Express vessel. Hapag-Lloyd orders eight methanol-powered container ships worth over $500m  

German carrier signs deal with CIMC Raffles for 4,500-teu vessels for 2028-29 delivery.

Global Ethanol Association (GEA) and Vale logo side by side. Vale joins Global Ethanol Association as founding member  

Brazilian mining company becomes founding member of association focused on ethanol use in maritime sector.





 Recommended