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Lloyds Open Form

Resolve Managerial Appointments

Bob Umbdenstock

Resolve Marine Group of Fort Lauderdale, one of the US’ major Marine Emergency Response, Salvage and Fire Fighting experts, is to develop its expertise on a more global basis and has recruited a number of key personnel into its company to achieve this aim. Bob Umbdenstock, marine industry executive and consultant with international management experience in heavy salvage, wreck removal and environmental protection, has joined the company to develop and market the emergency response capabilities Resolve offers to ship owners and managers wishing to comply with statutory planning requirements, namely OPA 90, in the US and elsewhere in the world. A graduate of Dartmouth College and former US Navy salvage officer, he has been a special casualty representative (SCR) for Lloyds Open Form with SCOPIC. Joe Farrell III, son and namesake of the current Resolve Group President, also joins the company. Farrell is a graduate of the Massachusetts Maritime Academy where he earned a BS degree in marine engineering. He recently graduated from the Florida Institute of Technology with an MS in Ocean Engineering and with a concentrate in Naval Architecture. They join a number of other recent key appointments to the Resolve Group, including Capt. Rich Habib, Senior Salvage Master and Bill Crothers, Group Chief Financial Officer. Habib brings over 30 years of experience in the Marine Industry. He is a Master Mariner with a background in heavy lift vessels


TITAN Appoints Hoddinott and Ives

MHoddinott-NIves_large_web.jpg

TITAN Salvage has appointed Mark Hoddinott to global director, marketing and strategy, responsible for developing, delivering and managing the company's strategic marketing and business development plans. He will operate out of Titan's UK facility at Newhaven, East Sussex, and will report to Rich Habib, TITAN's vice president.  Hoddinott, who will continue his role on the senior management team, will work closely with TITAN's commercial division.


NUS unveils Professorships for Research

Channel NewsAsia has reported that in a boost to the offshore and marine engineering sector, the National University of Singapore has announced two professorships for research and development in the field. Under a memorandum of understanding, Lloyds Register and the Maritime and Port Authority of Singapore will each commit S$3 million to the Lloyd's Register Professorship and the MPA Maritime Technology Professorship


Centrica Energy Awarded Barents Sea License

Centrica Energy in Norway was awarded a 50% operating share in the Scarecrow licence, its first  in the Barents Sea. The Norwegian government on June 12 awarded the licences that form part of the 22nd round on the Norwegian Continental Shelf (NCS). Centrica Energy was awarded an operatorship and 50% ownership in the Scarecrow licence, block 719. This block opens up a new area for Centrica, and marks the beginning of a new venture for the Norwegian upstream business as it looks to grow


Vessels Detained in U.K. Ports: September

The U.K.’s Maritime and Coastguard Agency (MCA) announced today that nine foreign flagged ships were under detention in U.K. ports during September 2013 after failing Port State Control (PSC) inspection. Latest monthly figures show that there were five new detentions of foreign flagged vessels in U.K. ports and four vessels remained under detention from previous months. Only three vessels remained under detention at the end of this month. Notes on the list of detentions


Lloyds to Sell $500m in Shipping Loans

Lloyds Banking Group has reached an agreement to sell $500 million of shipping loans from its remaining ship finance portfolio, finance and banking sources familiar with the matter said on Wednesday. Bank of America and U.S. hedge fund Davidson Kempner Capital Management were expected to buy the loans, one of the sources said. Lloyds, Bank of America and Davidson Kempner all declined to comment. (Reporting by Jonathan Saul and Matt Scuffham; Editing by Pravin


UK Returns to Semi-Submersible Rig Building

Britain is to return to the world of semi-submersible rig building for the first time in two decades as prices soar and shipyards in South Korea run out of space. SeaDragon Offshore, a newly-formed company is to take over a former vessel construction facility on Teesside to build the first in a series of three drilling units worth up to $1.5b. As many as 600 jobs could be created at the Haverton Hill Shipyard by SeaDragon which plans to float on either the London or the Oslo stock


Companies Bond Together To Form Salvage Association

Responding to the need for a presence and to assist in the professionalization of the U.S. marine salvage and firefighting response, nine U.S. salvors have joined together to form the American Salvage Association (ASA). The initial group has participated in a vast amount of all of the significant salvage and wreck removal cases that have occurred over the last 10 years in the U.S. The Association's current membership is comprised of: Bisso Marine; Crowley Marine Services; Donjon Marine Co


Equiom Passes Recruitment and Placement Inspection

Equiom Marine and Aviation Services (Jersey) Limited (EMAS) announced that the company recently passed the Lloyds Inspection for Seafarer Recruitment and Placement. The inspection, which is undertaken by an external agency, Lloyd’s Register, evaluates compliance to relevant maritime legislation as laid down by the Maritime Labor Convention (MLC), 2006. In this instance, Equiom were required to demonstrate compliance to Regulation 1.4 of the MLC


Braemar Sub-Licenses FSP Containment System

Braemar LNG BV, the wholly owned subsidiary of Braemar Shipping Services PLC, has issued a sub-license to FSP LNG BV for the design and construction of a new Flat-panel, Semi-membrane, Prismatic-shaped (FSP) containment system, under the terms of the license it holds with General Dynamics NASSCO to utilize its patents in the design and construction of FSP LNG containment systems.    FSP technology has been developed for marine LNG transport and can also be used in a range of


Final Agenda for Marad’s Sexual Assault Summit Unveiled

U.S. Maritime Administrator Paul Chip Jaenichen (image: Marad)

The Maritime Administration’s ‘Call to Action’ will address Sexual Assault and Sexual Harassment in the Maritime Industry. Obtained this morning from reliable industry sources, the final agenda for what promises to a lively and possibly contentious meeting set up by the U.S


Expanded Panama Canal Nears Inauguration

Graphics: Panama Canal Authority

 As the global shipping industry facing tough weather, the $5.25 billion expansion of the Panama canal is set to open Sunday (June 26), reports AP. The deeper, wider channel is designed to accommodate the world’s growing fleet of mega cargo ships and expanding trade between North


World Stocks Tumble as Britain Votes for EU Exit

Global capital markets reeled on Friday after Britain voted to leave the European Union, with $2 trillion in value wiped from equity bourses worldwide, while money poured into safe-haven gold and government bonds. Sterling suffered a record plunge.  


World Trade Routes Won't be the Same with Expanded Panama Canal!

Graph: Clarksons Research

 On 26th June 2016, a landmark development for the shipping industry will occur with the opening of the new third set of locks at the Panama Canal. Clarksons Research takes a look.   Around ten years in the making, the expansion will enable significantly larger ships to transit the


Diana Containerships Announces Reverse Stock Split

Diana Containerships Inc., a global shipping company specializing in the ownership of containerships, has announced that its Board of Directors has determined to effect a reverse stock split of the company’s common shares, par value $0


HMM to Join New Shipping Alliance

File Photo: Hyundai Merchant Marine Co

 Korea Times says that Hyundai Merchant Marine (HMM) will join a new global shipping alliance, as the cash-strapped shipper has successfully reached a debt-rescheduling deal with its bondholders.   HMM announced that it has reached a resolution with holders of all five bond issues that


Dual-fuel Icebreaker Polaris Presented at CIMAC

Wärtsilä 34DF engine (Image: Wärtsilä)

The design and technical features of Finland's newest icebreaker Polaris were presented on Monday, June 6, in Helsinki as part of the CIMAC World Congress. IB Polaris is the most environmentally friendly diesel-electric icebreaker ever built


DNV GL Works with Industry Leaders to Develop a New LPG Carrier

The LPGreen project partners from HHI, Wärtsilä, MAN Diesel & Turbo, CMM and DNV GL in Athens. Photo: DNV GL

 DNV GL has initiated a joint industry project for the design of a state-of-the-art next generation LPG carrier.    LPGreen aims is to develop a more energy efficient, environmentally friendly, and safer vessel for the transportation of LPG products


India Teams up with Japan, South Korea on LNG

Dharmendra Pradhan. Photo: Ministry of Petroleum and Natural Gas

 India plans to form an alliance with Japan and South Korea to buy liquefied natural gas (LNG) at "reasonable prices", the country's oil minister Dharmendra Pradhan said.   India may soon rope China into the alliance as well, he said.  


Oman Signs Pacts with Ship Classification Bodies

Photo:  Ministry of Transport and Communications

 Oman’s Ministry of Transport and Communications (MoTC) has signed agreements with three ship classification societies for small ships that do not abide by international treaties, said a report in Times of Oman.   The agreements were signed with the British (Lloyds Register of


BIMCO President Comments On Standard Term Sheet

Louis Dreyfus Armateurs. File Photo: Marinelink

 BIMCO President and Chairman of Louis Dreyfus Armateurs, Philippe Louis-Dreyfus opened the Armateurs de France and BIMCO event in Paris on 14 June 2016. The purpose of the event was to provide an overview of BIMCO’s main activities and explain the ongoing work on some high profile


Shipbrokers Challenge Baltic Exchange

Image: Baltic Exchange Ltd

 Several key dry bulk shipbrokers have formed the Competitive Ship Brokers Limited (CSBL) to challenge the Baltic Exchange over their role in the market as it tries to sell itself to the Singaporean financial giant SGX, reports the Telegraph.  


Bimco Opens Office In Singapore

Image: BIMCO

 BIMCO has opened a new regional office in Singapore in order to increase services to its members in the Southeast Asia region and boost collaborations with regional maritime associations.    BIMCO’s new Singapore contact will be General Manager, Maite Bolivar Klarup


ABB Opens Integrated Operations Center in Singapore

Photo: ABB

 ABB is opening a new integrated Operations Center in Singapore, the third facility of its type and first in Asia, which will allow the company’s engineers to follow the sun across the globe. Typically, at the end of the working day


Demand for Helm CONNECT Software Soars ahead of Subchapter M

Subchapter M can impacts your business Courtesy Helm CONNECT.

Helm Operations  signed on more than 50 commercial maritime companies to its  maritime software, Helm CONNECT, many of whom are trying to prepare for the publication of Subchapter M.   Helm CONNECT’s customers come from a variety of commercial maritime industries






 
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