Liferaft Exchange concept continues to expand globally. Wilhelmsen Ships Service’s (WSS) market-leading global Liferaft Exchange Programme (LRE) is set to hit 15,000 exchanges since its launch just over two years ago and continues to expand, according to Dave Evans, WSS product marketing manager for liferafts. The LRE concept, which exchanges service-due liferafts and life-saving appliances for operational ones, allows vessel operators to take better control of costs and reduces the chance of getting caught out by unforeseen service dates and weak links in the supply chain which can prove to be costly. Developed in response to customer feedback and following a pilot programme involving several major ship owners and operators, usage of the LRE service has increased so quickly that WSS logistics operators are currently working at full stretch to meet demand. Mr Evans explained that the global liferaft market has undergone a period of consolidation over the last 15 years which has left the market with a small number of suppliers, with the majority of distribution handled by distributors and dealerships. The stand-out advantage of WSS’s LRE programme is that fact that it services customers all over the world through its established global network, providing a direct capability and wide product supply scope.
The new, transparent multi-year service agreement concept from Viking revolutionizes the way offshore owners and operators solve the difficulties of managing multiple brands, equipment types and regulatory approvals for safety equipment and servicing. Handling safety equipment servicing is often regarded as a time-consuming and hard-to-budget headache for offshore vessel and infrastructure owners and operators. In fact
Viking Life-Saving Equipment and E.R. Schiffahrt have teamed up to design a fully customized, global servicing arrangement based on Viking’s Shipowner Agreements. The contract covers liferafts, lifeboats, immersion suits, lifejackets and marine fire systems and equipment such as fire extinguishers on more than 30 vessels of the shipowner’s fleet. The plan is for Viking to manage not just service notifications, but also the coordination of all servicing.
Carrying capacity of liferafts – revision to LSA Code Chapter IV (Applicabilty: Shipbuilders, owners and managers). Amendments to Chapter IV of the International Life-Saving Appliance (LSA) Code, introduce an increased assumed mass of occupants for the approval of liferafts*. From January 1, 2012, all inflatable and rigid liferafts should be constructed on the basis of an average person mass of occupants of 82.5kg (increased from 75kg)
Iino Marine Service, a ship management company in Japan, has been a customer of the Liferaft Rental and Exchange program (LRE) since 2010. Mr. Araki, Director of Iino Marine Service said, “Operating a high number of vessels on global trading patterns means that we are constantly looking for ways in which we can improve the efficiency of our operations. A solution such as LRE is both convenient and cost efficient and we are extremely satisfied with the service provided by WSS over
Wilhelmsen Ships Service (WSS) opened a new FRS (fire, rescue & service) Center and Safety Training Academy in Antwerp, Belgium. “The opening of new safety service training facilities around the world will play a vital role in the growth of our total safety offer,” said. Andrew Sheriff, Business Director Safety. “Centers also housing a Safety Academy, such as this one, allow us to focus on specialized training alongside the ongoing development of our safety
Evacuating large numbers of passengers is now easier than ever with the new VIKING fully automatic liferaft and slide system. Marine and fire safety equipment leader VIKING Life-Saving Equipment has developed a 153-person, open reversible liferaft and mini slide system packed into a single aluminum stowage box. Named the VAS (VIKING Automatic Slide), and designed and certified for vessels on domestic voyages such as ferries sailing in protected waters
In the Philippines a large scale rescue of ferry passengers, on the other side of the world, a British fishing boat crew is airlifted to safety, and a man is plucked from rough seas off Aberdeen breakwater. Philippines A rescue team from Philippine Coast Guard search and rescue vessel, BRP EDSA II (SARV-002) evacuated 132 passengers from the MV Our Lady Of All Nation after the inter-island ferry ran aground at Danajon Bank, Bohol. Philippine ferry rescue action NE England
Bootle-based maritime firm International Safety Products (ISP) is set to become one of the world’s only major suppliers of a new rescue boat. The Liverpool City Region business - which is one of the largest manufacturers of inflatable marine lifejackets - supplies a range of maritime safety equipment. ISP commercial director Geoff Billington said the Duarry 420RB Rescue Boat is an important addition to the portfolio, and the firm will be targeting key markets with the product
VIKING Life-Saving Equipment’s product developers have been adding to the company’s range of products and service offerings. The LifeCraft – a revolutionary hybrid VIKING’s new super-sized, flexible evacuation system is a revolutionary hybrid that brings together the best of lifeboats and liferafts in one. The VIKING LifeCraft system combines all of the advantages of modern lifeboats - such as self-propelled maneuverability - with the flexibility
The Baltic Dry Index fell 4.7 percent to 484 points, the lowest in Baltic Exchange data starting in January 1985. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore.
Marine safety equipment manufacturer and servicing provider VIKING Life-Saving Equipment A/S is to establish a local presence in Korea through a joint venture agreement with leading Korean marine safety equipment and servicing company Daemyung Marine Co. Ltd
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, sank to a new record low for the sixth straight session on Tuesday, reports Reuters. The overall index, gauging the cost of shipping dry bulk cargoes including grain
A U.S. Navy commander charged with accepting paid travel, prostitutes and Lady Gaga concert tickets from a Malaysian defense contractor in exchange for classified information pleaded guilty on Thursday to federal corruption charges. Commander Michael Vannak Khem Misiewicz appeared in U.S
CME Group has lifted its declaration of force majeure at all Illinois River terminals that are regular for Chicago Board of Trade corn and soybean futures delivery, the exchange said in a notice on Tuesday. CME declared force majeure on June 17 due to high water and flooding that made it
With just a few months to go, VIKING has all hands on deck to ensure coastal vessel operators don’t risk their ability to sail under the US Coast Guard’s upgraded coastal vessel safety regulations. Marine safety equipment manufacturer and servicing provider VIKING
Jeremy Penn, chief executive of London's centuries old Baltic Exchange will step down next year, the exchange said on Friday. Penn, who took the helm as CEO in 2003 after previous top positions with international news agency Reuters, will leave next summer.
One of the U.S. Senate's top advocates for lifting the ban on domestic crude exports urged the Commerce Department on Thursday to disclose whether any oil swaps with Mexico have actually been finalized after the agency approved the transactions in August.
London's Baltic Exchange and Chinese state-owned Ningbo Shipping Exchange said on Friday they would collaborate on container indices, the first foray by the Baltic into this segment of the freight market. Sources told Reuters in early October that the London Metal Exchange
Nordic American Tankers (NAT) has increased its shareholding in Nordic American Offshore (NAO) in an effort to shore up investor confidence in the latter. NAT bought 1,521,300 shares increasing its stake to 6,018,280 shares — 26.5% of NAO’s total shares for $9.5m, or $6
Denmark-based tanker shipping company TORM A/S announced last week that it is considering the implementation of a new structure that would potentially include listing on the New York Stock Exchange and Nasdaq Copenhagen. If undertaken, the move is expected to be completed in 2016.
Coastal vessel operators trying to come to terms with upgraded US Coast Guard regulations for survival craft have been helped along the way by VIKING at the annual Passenger Vessel Association and U.S. Coast Guard Industry Day in Miami.
Frontline 2012 Ltd. has completed its previously announced merger with Frontline Ltd. , with Frontline as the surviving legal entity and Frontline 2012 becoming a wholly-owned subsidiary of Frontline. The merger was consummated after close of trading on the Oslo Stock Exchange and close
Intercontinental Exchange's new contract for white sugar shipped in containers will feature fewer eligible delivery ports than the current break bulk contract, an executive said in a presentation on Thursday. Last month, ICE announced plans to launch a new contract to allow for delivery
CMA CGM SA has bought about 3.68 million shares of Singapore-based Neptune Orient Lines (NOL) on the open market at S$1.22 per share. The shares purchased make up 0.14 per cent of NOL's issued share capital, reports Straits Times.