International links to new tanker shipbroker

May 3, 2005
Author: Fred Meintjes

The formation of a new Cape Town-based tanker ship broking company was announced earlier today (Tuesday, 3 May 2005).

The new company, MBC-Platou (Pty) Ltd. is a joint venture of two well-established shipping related companies, Marine Bulk Carriers (MBC) of Cape Town and R.S. Platou (Asia) Pte Ltd, based in Singapore. Both companies have shareholders and key personnel with long experience in shipping, both locally and internationally.

MBC-Platou’s area of expertise will ultimately cover tanker and dry bulk chartering, off-shore, sale and purchase, new building contracting, business and project development, and ship finance and research.

MBC was established in 2003 by South African businessman Leister Peteni (Sizwe Shipping Investments) and shipping personalities, Robert Knutzen (formerly of Golden Ocean), Jan Rabie (formerly of Safmarine) and Lance Manala (formerly of BP Southern Africa and Dudula Shipping), who are executive directors and shareholders in MBC.

R.S. Platou (Singapore) Pte Ltd is a wholly owned subsidiary of R.S. Platou Shipbrokers a.s. Norway. The R.S. Platou group of companies is one of the world’s leading brokerage companies and can trace its roots back to 1936. Today R.S. Platou has five offices abroad and a head office located in Oslo, Norway. Two senior executives from Platou, Gavin Warner, a South African with more than 10 years of international tanker broking experience, and Peter Ugland, whose ship broking career spans 23 years with extensive experience dealing with Africa, played a leading role in establishing the joint venture.

MBC-Platou (Pty) Ltd, through the 51% MBC shareholding, is a black empowered company with the major goal of not only servicing the local tanker industry but also focusing on the transfer of skills to South Africans in the broking business.

Lance Manala, Managing Director of Marine Bulk Carriers, and Christian Bartz-Johannessen, Managing Director of R.S. Platou, said in a joint statement that MBC-Platou, with its wealth of global experience, will be able to offer the South African shipping community ship broking services that would enhance and add value to all shipping related transactions.

“MBC-Platou will have amongst its clients international ship owners, oil companies and trading houses. The shareholders in MBC-Platou look forward to extending their scope of activities through this joint venture to old and new clients on the African Continent. Peter Ugland and Lance Manala will spearhead this initiative with additional personnel expected to be appointed soon.”

The company commenced trading on 1 May 2005.


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