UBT Ocean: not to worry

A family member of one crewman said, “They said not to worry and that the company is highly concerned about the security of the crew.”

Nautictank Pte Ltd Affiliate Norstar Shipping Company Ltd was founded in the United Kingdom in 1998 by Chris Bonehill. In 2001 the Company relocated to Monaco and in 2005 the Company upgraded its status to Norstar Monaco S.A.M.

In 2005, Norstar Shipping (Asia) Pte. Ltd. was founded by Tom Bonehill and Chris Bonehill in Singapore, one of the fastest growing shipping hubs, to address the booming Asian, Far East and Japanese markets.

Three shipping investment funds were subsequently formed which together have invested in building a fleet of 14 specialized tankers.

Chris Bonehill – Founder and Chief Executive Officer. Chris began his professional shipping career at Clarkson PLC in 1989 and moved to Arrow Shipping (UK) Ltd in 1991 where he rose to the position of Director of Sale & Purchase. He established Norstar in 1998 initially as a UK-based ship brokerage firm, focused exclusively on major ship owning clients, and led its international expansion into its currently diversified maritime activities.

Tom Bonehill is CEO of Norstar Asia Pte Ltd which he founded in Singapore in 2005. Tom moved to Asia in 1993, initially spending a year in Jakarta followed by a year serving onboard a merchant navy vessel. Between 1995 and 1997 Tom trained as a ship broker with Clarksons in Hong Kong. He moved to Singapore at the end of 1997 where he has worked continuously, building an extensive portfolio of blue-chip Asian clients with particular focus on South East Asia and Japan.

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