Wilhelmsen appointed Stove manager

SINGAPORE: August 14, 2019. Wilhelmsen Ship Management (WSM) has been appointed technical manager for the Stove Shipping vessels, Stove Friend and Stove Tide (pictured).

The two 58,000 DWT Supramax vessels are the newest additions to the Stove fleet built in 2016 by Tsuneishi Shipbuilding. Eastern Bulk Carriers will be the commercial manager of both vessels and technically managed by WSM in Singapore.

“We thank Stove Shipping’s trust in us and this award further seals our long-term relationship. Stove Shipping and WSM have worked hand in hand like partners for the past 10 years. We have been through the market volatilities together and as the market improves, we hope to ride this momentum together, “ said Carl Schou, CEO and WSM president.

In addition to these two vessels from Stove, WSM has added more than 40 vessels under technical management this year.

WSM, a Wilhelmsen group company, is one of the world’s largest third-party ship managers with a portfolio of more than 450 vessels and 9,200 seafarers.

The company provides technical and crew management services for LNG/LPG, RoRo and PCC/PCTC, Container, Cruise, Bulk and Offshore from six offices worldwide.

Established in 1959, Stove Shipping is a family owned business with focus on geared bulk carriers within the Supramax segments to transport dry bulk commodities in addition to steel and forest products.