FuelEU Maritime: SubMission completed!
02 Sep 2024 - News
Around 300 guests from the maritime industry attended a cocktail reception at the National Gallery yesterday, 27 April, to celebrate 25 years of BSM in Singapore. Speakers emphasised the pioneering role of BSM, which was one of the first third-party ship managers in Singapore.
Published on 28 Apr 2023
Around 300 guests from the maritime industry attended a cocktail reception at the National Gallery yesterday, 27 April, to celebrate 25 years of BSM in Singapore. Speakers emphasised the pioneering role of BSM, which was one of the first third-party ship managers in Singapore.
25 years ago, Eurasia, member of the Schulte Group and one of the predecessors of today’s BSM, started its ship management activities in Singapore. With this foundation, the Schulte Group established a second foothold in East Asia besides Hong Kong. In 2008, the four Schulte Group ship management companies – Eurasia Group, Hanseatic Shipping, Dorchester Atlantic Marine, Vorsetzen Bereederungs- und Schiffahrtskontor – merged under the single brand Bernhard Schulte Shipmanagement. Today, BSM Singapore is part of a global network of 11 ship management, 25 crew service and four maritime training centres worldwide consolidated under the BSM brand and one of the largest DoC-holders in the state.
At the anniversary celebration, Capt. Raymond Peter, Managing Director of BSM Singapore, took a look at the company's past, present and future. “At the time, Eurasia started in Singapore with three employees and three ships in management. 25 years later I am proud to say that BSM Singapore employs nearly 240 highly skilled people from 17 different nationalities. Our ship management pool comprises more than 140 ships. We are strongly embedded in the Southeast Asia region and beyond – serving ship owners from Singapore, Malaysia, Thailand and Indonesia as well as from Japan, Europe and China.”
BSM Singapore is leading in the management of gas carriers and has a growing fleet of vessels with modern LNG dual fuel engines. “Developing our management capabilities for vessels using alternative fuels such as LNG, but also methanol and ammonia is a high priority for us as we play an active part in the transition to CO2 neutral shipping”, Peter outlined.
Johann Schulte, majority shareholder of the Schulte Group, emphasised the importance of Singapore not just as a hub for BSM but for the entire Group. „Of the different possible locations, the management had considered 25 years ago, Singapore stood out offering pro-business policies as well as a stable and efficient infrastructure for a safe and transparent environment for international companies. This still stands today and more than ever, as Singapore maintains its position as the leading maritime capital of the world.”
Today, in addition to BSM, the Bernhard Schulte House in Singapore hosts Bernhard Schulte Singapore Holdings, established as regional headquarters of the Group. Several Group functions have been shifted to Singapore including a large part of the ship owning business as well as Schulte Group’s maritime digital solutions arm, MariApps Marine Solutions, headquartered in Singapore since 2014.
Today, almost 600 people work for the Schulte Group and its numerous entities in Singapore. “The decision to go to Singapore was spot on”, Schulte concluded. “There are many people we should thank today, namely all past Managing Directors and Capt. Raymond Peter, who now heads BSM in Singapore. In addition, I thank the decision-makers of the time for their vision, foresight and entrepreneurial spirit, in particular Rajaish Bajpaee, who was Managing Director of Eurasia in 1998, and Tobias Pinker, who heads the Group’s regional headquarters and who has been instrumental in the growth of our Group over the past decades."
Ms. Tan Beng Tee, Executive Director of the Singapore Maritime Foundation and Senior Advisor at the Maritime and Port Authority of Singapore attended the event as the guest-of-honour. In her speech, Ms. Tan thanked BSM for being in Singapore for 25 years and congratulated the company for its many achievements over the years. She recalled how BSM started with a small, rented office in International Plaza and under the name of Eurasia headed by Mr. Bajpaee. BSM now owns an office building – the Bernhard Schulte House. From an initial port agency function, the Group has expanded into ship management and other marine services including maritime digital solutions. Ms. Tan also expressed her appreciation to BSM for taking an active interest in developing local talent partnering the Maritime and Port Authority of Singapore and the Singapore Maritime Foundation to build the next generation of maritime ready workforce. She hoped that Singapore’s partnership with the Schulte Group will grow from strength to strength for many more years to come.
02 Sep 2024 - News
14 Jun 2024 - News
03 Jun 2024 - News | Press Releases
21 May 2024 - News
Lessons from Recent Incidents
24 Apr 2024 - News
BSM Crew Service Centre Philippines celebrated the opening of its fourth Crew Service Centre (CSC) in Davao City in April.
18 Apr 2024 - News | BSM Highlights
Shipping is navigating rough seas amid a new reality: wars, protectionism and threats to freedom of navigation. Jeroen Deelen, BSM’s Chief Operating Officer, shares his thoughts on the challenges of the new normal.
18 Apr 2024 - News | BSM Highlights
Carbon Capture and Storage (CCS) is a safe and efficient way to handle emissions and meet climate targets. And it offers beneficial opportunities for the shipping industry in gaining new business and reducing its own carbon footprint, Johan Lillieskold, Gas Solutions Specialist at Schulte Group, is convinced.
18 Apr 2024 - News | BSM Highlights
On 1 January 2024, shipping officially joined the European Union’s Emission Trading System (EU ETS). With it emerged a comprehensive set of responsibilities, accompanied by significant financial implications for shipping companies who, for the first time, are included in a market-based measure such as EU ETS. The increased level of interaction between the European Commission and the shipping industry means a novelty for both parties - and an ongoing learning process.
18 Apr 2024 - News | BSM Highlights | Articles
Bernhard Schulte Shipmanagement (BSM) introduces a new educational programme for future seafarers. BSM Smart Academy is a collaboration with selected maritime universities worldwide with the goal of closing the gap between academic knowledge and practical training.
18 Apr 2024 - News | BSM Highlights
The superyacht industry has been developing significantly over the recent years, especially since 2020. Today, the total fleet worldwide is at 12,500 yachts over 24m seeing explorer yachts and multihulls growing in popularity and the attractiveness of very large yachts unbroken, despite other predictions. BSM Yachting has entered this market with an innovative approach.
18 Apr 2024 - News | BSM Highlights | Articles
Driven by the ever-evolving landscape of the shipping industry, BSM continuously updates the training programmes offered by its Maritime Training Centres (MTC), ensuring they remain at the forefront of industry standards. One example for this dynamic is the MTC’s response to the challenges of the global pandemic resulting in the development of not only highly specialised but also flexible and DNV-approved SIRE 2.0-related courses.
18 Apr 2024 - News | BSM Highlights
Founded in 2017 as a joint venture, GP General Procurement Company Limited (GenPro) is an independent procurement company. GenPro's objective is to negotiate framework supply agreements with international ship suppliers, ensuring BSM’s customers benefit from optimal prices for maritime products and services worldwide. In addition, the company actively advocates for the establishment of more sustainable supply chains.
18 Apr 2024 - News | BSM Highlights
The role of food onboard commercial vessels has always been an essential aspect of seafarers' lives. Throughout the years, there have been significant changes in the requirements and standards related to food onboard commercial vessels, particularly in terms of hygiene, food quality and the importance placed on these aspects for seafarers. For 30 years, Seachef Hospitality Services has been providing catering and hospitality services in the maritime world. Time to look back.
18 Apr 2024 - News | BSM Highlights
In order to reduce CO2 emissions, the shipping sector focuses primarily on minimising fuel consumption and adopting clean fuels. However, the global warming potential of some of the refrigerants used on board is often neglected, Martin Mac Mahon, BSM’s Environmental Compliance Manager, points out.
18 Apr 2024 - Press Releases
Bernhard Schulte Shipmanagement (BSM) introduces a new educational programme for future seafarers. BSM Smart Academy is a collaboration with selected maritime universities worldwide with the goal of closing the gap between academic knowledge and practical training.