Hunter Group ASA appointed Senior Technical Advisor for Hartree Maritime Partners LLC

October 24, 2018 - Hartree Maritime Partners LLC have appointed Hunter Group ASA as their Senior Technical Advisor. Hunter Group ASA will provide technical newbuild supervision services in respect of Hartree’s four VLCC vessels to be constructed at Daewoo Shipbuilding & Marine Engineering Co. Ltd., between November 2018 and April 2020. The Senior Technical Advisor will use its best efforts to ensure that the Hartree Vessels and the Hunter Vessels are identical to the maximum extent possible.

“Hunter Group is very pleased to have been given the opportunity to provide newbuilding supervision services to Hartree. We believe this agreement will provide both companies with significant cost savings and synergies. Our experienced technical team is now responsible for the building supervision of 11 “sister vessels” all to be constructed at “DSME” between October 2018 and August 2020. Hunter Group ASA is also very pleased to have found a partner that shares the same high standards in business practices and we look forward to working with Hartree on this venture,” says Erik Frydendal, CEO of Hunter Group.

“Hartree Maritime Partners LLC is equally pleased to be working with Hunter Group ASA in provision of technical newbuild supervision for the construction of the eleven sister DSME VLCC vessels.  It is Hartree and Hunter’s intention to form a new scrubber fitted pool to operate this fleet of eleven eco VLCC vessels. By combining Hartree’s global Trading and Chartering experience and Hunter’s technical knowledge this pool will serve to minimize operational costs whilst maximizing earnings. We will be working with other scrubber fitted VLCC operators to expand this pool,” says Guy Merison, managing director of Hartree Maritime Partners.

Contacts:

Erik Frydendal, CEO of Hunter Group ASA

Ph.: +47 957 72 947

E-mail: ef@huntergroup.no

About Us

Hunter Group ASA is a publicly traded investment company listed on the Oslo Axess. Hunter Group currently has 7 high spec VLCC's with scrubbers under construction at DSME in Korea.

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