Showing posts with label Belnor. Show all posts
Showing posts with label Belnor. Show all posts

Sunday, December 16, 2018

Belnor follow up



With a blank horizon and no ships to watch for (at least in daylight hours),and a possible front moving over,  the mind turns to deep background............

Faintly visible at the bow of the ship is the Belship trademark, seen below in larger scale.

The Singapore flag Belnor that called in Halifax earlier in the week en route from Chile to the St.Lawrence River was not the first Belnor to call in Halifax. As noted, owners Belships Supramax Singapore is the successor company to one founded in Norway by Christen Smith, at the end of World War I. The company specialized in heavy lifts, but with large open holds, the ships were also well suited to carry bulk cargoes.  Phosphates, nitrates and salt seemed to be prime among these.

One of the early ships built for Smith was named Belnor. Dating from 1926, it featured a wide hull,  island bridge well forward and engines aft and was fitted with large hatches and heavy derricks - a design perfected by Smith for carrying railway locomotives and rail cars.

In 1935 Smith relinquished control of the company and it was taken over by the Lorentzen family (until 2018 owners of Belships, but that is about to change - see below).

Those large hatches carried large hatch covers that could support heavy loads, and there are many pictures and even videos on-line of Smith ships with decks full of rail cars and locomotives.  On March 15, 1939 Belnor (i) lost a hatch cover at sea 450 miles south of Halifax. The passenger liner Conte di Savoia and the Norwegian tanker Gylfe stood by the ship. It is possible that it then came into Halifax for repairs, but I can find no record for that.


On December 14, 1940 Belnor sailed from Tocopilla, Chile, with a cargo of nitrates, and passed through the Panama Canal over Christmas arriving in Bermuda January 7, 1941. It then sailed independently (that is, not in a convoy) for Halifax, arriving January 16. It apparently experienced some form of engine trouble and remained in Halifax until May 23 before it was able to sail to Sydney, NS. There it joined slow convoy SC 33, sailing June 1 and arriving at the River Clyde in Scotland June 20. Certainly a long time to wait for cargo!

For the rest of World War II the ship spent most of its time trading to West Africa, Gibraltar, and North Africa, including Malta convoys. Despite more engine troubles it managed to survive the war unscathed. It was re-engined in 1947 and in 1956 became the Danish Lise and in 1959 the Greek Ioanna. Its engine troubles were not over however, because on September 20, 1966 there was an explosion in the engine room, followed by a fire, at Arzew, Algeria. The ship either capsized or was scuttled on September 22.

The present Belnor is the sixth ship to carry the name in the Belships fleet.

When Christen Smith became over extended in the 1930s the Stove Lorentzen brothers took over management and became major shareholders in the publicly listed Belships, with the Christen Smith company listed as managers. During World War II the ships came under British control and with the return of peace, they expanded from heavy lift / drybulk into tankers, including an interest  in Gibson gas tankers, but in recent years returned to bulk carriers exclusively.

One of the brothers, Jorgan Johannes Lorentzen had a daughter, Karin, who married Otto Grieg Tidemand. They had two daughters, Caroline and Kristin.

Otto and his brother Sverre Jorgen Tidemand eventually took control of Belships, but they split up in 2012 with Sverre controlling Belships through his company Sonata. Meanwhile Otto's daughters went on to careers in other shipping companies with their father (Lorentzen + Co, Stove Shipping, Bel-Stove, Western Bulk Carriers, etc.,) and independently. Early in 2018 when their uncle Sverre indicated a desire to retire, the sisters combined to make an offer for Belships.

Instead Sverre Tidemand accepted an offer from another Norwegian shipping magnate Frode Teigen. Teigen's company will now take up majority ownership through a complex arrangement and merge Belships with his own fleet of nine bulkers operated by his Lighthouse Group, through the cleverly named subsidiaries Kontrari and Kontrazi.

The fallout from this is the resignation of Belship's CEO - not a family member - and a shake up of various Singapore and Bangkok based crew and ship managers owned by Belship and Lighthouse. The companies also manage some ships for other owners.

From all indications the company will remain Belships, but will grow to 16 ships from the current seven and perhaps will retain its historic identity. There is considerable consolidation in the bulk shipping trades these days after several hard years, and shipowners are unlikely to be sentimental under the circumstances. However Belships has always been true to its roots, continuing to carry Christen Smith's initials on their funnel mark and bow crest. I hope the new owners continue to do the same.


belships



Belships frequently made the news in Halifax newspapers, somrtimes because of the huge loads they carried, but also because they got into trouble.

1939: Belmoira, built 1928, arrived Halifax August 23, on voyage Newcastle, NB to Memel, Sweden, with pulpwood. Presumably bunkered/stored and sailed immediately. June 18, 1940 sailed from Dakar for Southampton, in ballast; June 30 torpedoed and sunk by U-26 250 miles SW of Lands End. All 25 crew took to two boats, picked up by Spanish trawlers and landed safely at La Coruna July 2. 

1940: Belray built 1926, arrived Halifax July 27 from New York, departed July 31 in convoy HX 62, for Liverpool. In 1941 participated in the evacuation of Crete, and in 1944 was damaged in the massive explosion of the Canadian ship Fort Stikine in Bombay with one of gun crew killed and several ship's crew injured. Repairs completed in September. [see 1953 below]
 
1947: Belpamela, built 1928, sank April 11 on a voyage from New York to Cherbourg with a cargo of 16 steam locomotives, built by Montreal Locomotive Works. The ship was  660 miles south of St.John's, NL and nine crew members were lost. The remaining 18 were picked up after 63 hours in lifeboats.

1948: Beljeanne built as Empire Ethelbert in 1947, collided with the Swedish Ella 630 miles east of St.John's July 4 in fog. The Dutch liner New Amsterdam took an injured member of Ella's crew aboard and landed him in Southampton while Beljeanne made its own way to St.John's. The tug Foundation Josephine set out from Gaspé on spec to tow the ship, but was not needed.

1950: Belfri built as Thomas W. Gregory in 1943, reported hull cracks August 8 when 1,000 mi NE x E from Argentia, NL. The ship's cargo of china clay was clogging its pumps, but it was able to resume its voyage. The ship refused assistance from Foundation Josephine.

1953: Belray, built 1926, out of Saint John for River Tyne with a cargo of pit props, arrived Halifax March 11 with a 23 degree list, a 14 ft section of bulwark  gone and a 100 ft section flattened, 28,000 cu ft of cargo lost overboard. Cargo will be unloaded, ship will then go to drydock.

1961: Bellis, built 1955, ran aground in Caraquet, NB, December 13, with a cargo of pulpwood. Foundation Vigilant managed to refloat the ship before Christmas.

1964: Belfast, built 1955, a tanker, ran aground in Charlottetown in a storm, December 4. Some of its cargo was lightered off and it was pulled free. [details wanting - possibly involving Irving Oil].

1965: Belinda, built 1958 arrived in Halifax February 4 to load grain. The ship had five women crew members, four of whom were married to ship's officers.


1968: Belmona, (charter) built 1962, arrived in Halifax after a collsion 30 miles offshore, with the US trawler Squall. The ship will require drydocking.
 
1976: Belships sold off its heavy lift ships in the 1970s. The former Belkarin , built in 1954, was sold in 1972 and renamed Elbella. It loaded locomotives for Cuba in Halifax in February and March 1976. 

 Elbella carried a number of long reach derricks, 
and a 140 tonne capacity derrick amidships set up so that it could work both holds.

The ship was sold again in 1977. As Nahost Jumbo it struck a submerged wreck in Suez Bay in March 1978 and was a total loss and subsequently broken up. The ship was carrying phosphates from Aqaba for Holland.

Numerous other Belships have called in Halifax over the years for bunkers, stores or cargo, such as grain, but did not attract particular press attention. They remain a small but notable company.

NB: This post may be updated if more info comes to light.
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Wednesday, December 12, 2018

Business Developments

Shipfax is normally more interested in ships than the shipping business, but a few recent developments have come to our attention.

HORIZON


Horizon Star is the first owned ship in the Horizon fleet.

Horizon Maritime based in Halifax, had been hopeful of a takeover of Nordic American Offshore. NAO, publicly listed on the NYSE, is an offshoot of Nordic American Tankers and operates 10 supply vessels, mostly in the North Sea. The deal was on again, off again recently, and this week it was announced that NAO has left Horizon at the altar and eloped with Scorpio, an Italian tanker company owned by Emanuele Lauro.  Lauro adds NAO to Scorpio's small offshore startup that has two PSVs and some crew boats.

Nordic American has a "historic" connection with Nova Scotia's offshore. Its tanker Nordic Apollo was for several years the storage vessel at Nova Scotia's offshore oil field - the short-lived Panuke / Cohasset. Their shuttle tanker Nordic Challenger took the oil to refineries.

Nordic American's tanker Nordic Challenger sailing from Halifax June 30, 1992 for Panuke / Cohasset to load the first cargo of commercially produced offshore oil in Canada.


The takoever would have given Horizon an entree into North Sea work and access to more modern vessels, but  there are many more fish in the pond. As the offshore market is showing signs of recovering from a major slump, prices are likely to go up however. The more important aspect I think would have been access to capital and a potential NYSE listing for Horizon/NAO.



 The recentkly acquired Horizon Enababler is the former Tidewater Enabler.

Horizon operates two ships of its own and charters two from Tidewater. The latter two however will soon be out of work in Nova Scotia as BP's drilling program has ended, save for capping the one exploration test hole.

The deal would have given Horizon better footing against competitors such as Siem's Canadian business, operating as Secunda Canada LP which operates a small fleet with four OSVs operating out of Halifax and two out of St.John's.

 Despite the Irving Oil sign in the background, Siem Hanne is at the Mobil dock in Dartmouth this morning taking on material for its work in offshore de-construction. It carries a dominion Diving container on deck to support ROV work.

Siem Offshore is part of the Siem Industries group of autonomous subsidiaries including shipping and industrial concerns, based in the Cayman Islands, but essentially Norwegian. Maersk Canada - another competitor is Danish and is owned by the Moller family, also owners of one of the largest shipping companies in the world.

Atlantic Towing Ltd, part of the J.D.Irving group of companies is an independent, based in Canada.


HHL

  HHL Mississippi

Hansa Heavy Lift (HHL), based in Hamburg, Germany filed for insolvency December 10. The company was backed by funds under Oaktree Capital Management which has now thrown in the towel. HHL is down to five ships, one of which has been detained in France. It has 18 ships earlier this year according to reliable sources.

HHL was originally formed using some ships from the short lived Beluga Shipping, founded in Bremen in 1995 and wound up in 2011, with Oaktree as its principal shareholder. Beluga built up a fleet of 70 heavy lift ships and was held out as an innovative and public spirited company, however its collapse was also tainted by allegations of fraud against its managers. 

Beluga Efficiency

Transport Desgagnés had a working relationship with Beluga and then HHL and operates several ships built under Beluga's building program. This past summer Desgagnés hired HHL New York to fill in when one of its own ships was late returning from a charter. HHL New York carried a project cargo consisting of a 110 tonne generator and several heavy plant modules from Becancour, QC to Rankin Inlet. The ship is fitted with a pair of 400 tonne cranes.
Desgagnés has more recently seen its dry cargo ships working off season with Briese's BBC Chartering.

Maersk Supply Service Canada


After shedding a pair of older suppliers earlier this year, the St.John's based company has now added a new monster supplier from parent company Maersk Supply AS of Denmark. Maersk Mobiliser was delivered by Kleven Werft AS, Ulsteinvik at the end of October, and was registered in St.John's, NL on December 11. The huge vessel measures 10,181 grt, 4,900 dwt and has a 260 tonne bollard pull, and is equipped to operate an ROV in harsh environments. It is the fifth in a class of six Starfish vessels built for Maersk. It is reported that the ship has been contracted for drilling support and ice management by a major Canadian oil company. It is suspected that the sixth vessel, to be delivered mid next year will also follow to Canada.


K+S and Belships
The handysize / supramax bulk carrier Belnor arrived in Halifax last night and tied up at pier 9C, loaded with salt. Built in 2010 by Yangzhou Dayang, it carries four cranes and grabs. Its last port was Caleta Patillos, Chile, which barely qualifies as a port. It consists of a giant conveyor system projecting out over the sea, where ships are secured by a spread of seven or more anchors and must winch themselves back and forth to load. However it is the loading port for a huge salt mine owned by K+S AG of Germany, one of the major players in the salt and phosphate business. K+S acquired Morton Salt in 2009 and Potash One in Saskatchewan in 2011. Its history goes back to the 1890s when potash came into use as a fertilizer. It later acquired salt mines, becoming Kali und Salz.



The ship is owned by another legendary company, Belships, founded by the Norwegian former naval officer Christian Smith in 1918. An early pioneer in heavy lifts, it specialized in transporting complete railroad locomotives, something never done before. The company has been saved and re-formed more than once during depressions, recessions and wars (both international and internecine) , to survive as Belships. It got out of heavy lifting in the 1970s and now has a fleet of five bulkers and two on order, chartered to Canpotex (the Saskatchewan potash marketing arm) and Cargill.
Belnor is time chartered to Canpotex until mid-2020, but as we can see it does back hauls that are not potash, to make for profitable use.


Grain Trade
Continuing from yesterday's post about Algoma's newest tanker Algonorth,  the company is still very much in the bulk trades, and its Radcliffe R. Latimer arrived last evening with a cargo from the Great Lakes. likely Thunder Bay. This is probably the last grain cargo for this year from that destination as the St.Lawrence Seaway will be closing December 31. (While Algoma is heavily involved in the domestic grain trade, its international fleet of self-unloaders, pooled with CSL, carry only minerals such as sand, aggregates, coal, and gypsum. )

Radcliffe R. Latimer self-unloads its cargo at pier 25-26 while McNally Construction sets up at pier 24 for Phase 1 dredging at pier 42 Halterm.

Halifax is a very minor of player in the grain trade, with most of the inbound cargo consisting of feed stock for local consumption. Grain also arrives by rail and yesterday's sailing of the Nirint ship Augusta Sun with a load for Rotterdam indicates that the grain elevator facility still has some utility for export.
Phase 2 of the Port's Halterm expansion, which will fill in the space between the finger piers, will mean that the current grain export galleries will no longer be accessible to ships. It may be possible to somehow rebuild the import facilities at pier 25-26 to export grain too, but that would be a major investment for a minor amount of business. 


As I understand the port redevelopment proposal, filling in the space between the finger piers would create more land for the Halterm container terminal, but would effectively cut off the the grain export trade.


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