Ship shape

Serving as a dynamic, single point of contact partner for its customers in the maritime shipping industry, Nordic Hamburg Group has developed a strong position in the market thanks to its extensive experience, practical knowledge and superior network of partners; this includes charterers, world-renowned shipyards, investors and banks. Within the group are the business segments Nordic Hamburg Shipmanagement, Guoyo Nordic Shipping (GNS) and FastNet Chartering, which together ensure a full range of services associated with ship management are readily available to customers.

Nordic Hamburg Shipmanagement is comprised of a small, efficient team of highly competent, motivated and dedicated employees that all strive to ensure optimum reliability when it comes to delivering open and transparent services. Today the company’s fleet is comprised of more than 30 vessels, which are managed through its head office in Hamburg as well as its own fully owned and controlled branch offices in locations such as Odessa (Ukraine), Manila (the Philippines), Shanghai and Hong Kong (China). Meanwhile, GNS is a successful joint venture between Guoyu Group and Nordic Hamburg Group, which was established by merging the strengths of Guoyo Group, an established player in the steel trading, shipping and shipbuilding sectors, with Nordic Hamburg Group, an organisation Groupthat offers a range of services, from project development, financing to the comprehensive operation of a fleet of state-of-the-art dry cargo and container vessels.

The third segment within the group is FastNet Chartering, which operates as a customer’s commercial management partner that safely navigates through complex and volatile markets. Boasting a global fast network, the company has superior access to global freight markets and thus provides owners with full-scale employment opportunities for their vessels; it is also capable of arranging first class period time charter contracts, time charter trips and voyage business with well-respected counterparts. The scope of activities also includes high quality post-fixture administration and daily operations such as extensive reporting, all of which ensures excellent results for each client’s vessels.

“By being able to offer all services in-house, including managing and monitoring technical, operational and commercial aspects of shipping, we are able to deliver a one-stop-shop solution to our clients,” says Jacobus Varossieau, Operations Manager at Nordic Hamburg Group. “Our services start with crew and technical management and include everything that is required by a customer, all under one umbrella; this is a definite strength of Nordic Hamburg Group and has enabled us to remain competitive during a challenging period within the shipping industry. By providing a one-stop-shop and working with competitive budgets, we have been able to survive in this difficult market.”

Since its foundation by Dr Rowil Ponta and Richard Grube in 2006, the group’s business concept has remained the same: to develop high quality modern new buildings and provide high quality ship management services with full transparency. However, as trends have changed within the shipping market, so too has Nordic Hamburg’s activities, with green shipping, new technologies and the optimisation of vessel operations key driving forces for the company over recent years.

This philosophy merged with a keen eye for developments in the market has proven fruitful for Nordic Hamburg, with the company accumulating 20 new buildings for its own fleet under management as well as for other ship owners by the time Shipping & Marine magazine featured Nordic Hamburg in February 2013. Since then, the company has spent the last three years significantly increasing its fleet while also remaining dedicated to continuous improvement in all areas of the business, as Jacobus comments: “We have had a huge development in our fleet from 2013 up until present day, with an increase of 20 vessels; these are under the umbrella of GNS Shipping, a joint venture we set up with Guoyo Group in 2011 and other partners.

“Over the last three years we have of course also been involved in a number of successful ship management and shipbuilding projects, however it is too soon to discuss many of the projects that we are involved in at the moment.”

One notable project for the company that is currently ongoing is its order for up to eight short sea 1400 TEU dual fuel containerships, which has been set up with Finnish shipping firm Containerships. Currently in the process of being built by shipbuilder Huangpu Wenchong Shipyard, the contract include four definite vessel orders, with options for a further four containerships, that are due for delivery during 2018. Containerships will charter the ships on a long time basis, while GNS Shipping/Nordic Hamburg will operate as owner and technical manager.

While this project reaches completion, Nordic Hamburg Group will actively attempt to further expand its fleet over the next 12 months before changing its focus to consolidation, as Jacobus concludes: “Our strategy for the next three to five years will be to continue consolidation with some strategic expansion, however it will not be the huge level of expansion that we have undertaken over the last two-and-a-half-years, but will instead be at a more steady pace.”

Nordic Hamburg Group
One-stop-shop service provider
Added 15 vessels to fleet in 2013/2014
Focused on consolidation and expansion