Lloyds Open Form
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 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.
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
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
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
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
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
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
Seven members of the American Salvage Association (ASA) have been invited to submit competitive bids to remove the capsized cruise ship Costa Concordia, which ran aground off the Italian island of Giglio in late January. One member already involved with response. According to Lloyds List, "The company (vessel owner), owned by Miami-based Carnival, said in a statement that it would select a salvage firm based on tenders" by the end of March
Lloyds Register Energy Drilling (LRED), formerly ModuSpec Engineering UK Limited, was presented with the award by Aberdeen's Lord Lieutenant George Adam, acting on behalf of HM the Queen, in recognition of the company's sustained business expansion. Lloyds Register Energy - Drilling UK is an Aberdeen, Scotland-based market leading company, providing a range of innovative services to ensure the operational integrity of drilling assets for the oil and gas sector
SafeEdge from Rustibus is a new and innovative system that provides safety for the crew and equipment when working around open manholes. This product is specifically designed to prevent injuries associated with open manholes onboard vessels or offshore platforms.
The Panama Canal celebrates today a century of operations connecting the world, committed to completing its Expansion, the largest infrastructure project of the waterway since its opening. "Going forward, the Panama Canal will continue to connect the world
Dryad Maritime COO Ian Millen tells of an audacious open-ocean ambush of a product tanker in Gulf of Guinea and wonders if this attack heralds a new trend in offshore African piracy, as follows: "In the early hours of Saturday 9th August
Höegh LNG Partners LP a Marshall Islands limited partnership formed by Höegh LNG Holdings Ltd., announced today the pricing of its initial public offering of 9,600,000 common units representing limited partner interests in the Partnership at $20.00 per unit
Teekay Shipping employees at Port Hedland who are members of the Australian Institute of Marine and Power Engineers (AIMPE) will take protected industrial action in the form of 4 hour work stoppages starting at 0315 on Saturday (9 August), 0500 on 11 August and 0615 on 13 August.
The University of Southern Mississippi in Hattiesburg, MS, and the Mississippi Regional SeaPerch Committee in mid-May hosted the Fourth National SeaPerch Challenge on the campus of Southern Miss. It was here that 108 teams of 451 middle and high school students – students from 19 states
As the Panama Canal prepares to celebrate its 100th anniversary, insurers are warning of the increased risks that will arise from its plan to double the cargo-carrying capacity of ships transiting one of the world’s most important waterways.
The International Salvage Union has published is Annual Review for 2013 which formally sets out the governance and work of the ISU which is the global trade association representing the interests of its members who are marine salvors. The ISU Annual Review includes a summary of the annual
The Panama Canal Authority has advised that a new tolls structure will be introduced when the expanded Canal opens. The proposal the Authority plans to present in the coming months provides a structure that is competitive, attractive and customised to reflect advantages to clients by ship type
The National Shipbuilding Research Program (NSRP) Risk Management Panel will be meeting jointly with the Shipbuilders Council of America (SCA) November 5-6, 2014 in Virginia Beach, Va. Those who plan to attend are required to complete the registration form: http://surveys.scra.org/TakeSurvey
Entry submissions for the first SHIPPINGInsight Award are due Friday, Aug. 1, but organizers said they will continue to accept nominations through following week to provide some extra time. SHIPPINGInsight Award offers an opportunity to be recognized as a leading innovator in ship and fleet
Höegh LNG Partners LP ("Partnership"), a Marshall Islands limited partnership formed by Höegh LNG Holdings Ltd. ("Company"), announced today that it has commenced an initial public offering of 9,600,000 common units representing limited partner interests in
As the climate warms and sea ice retreats, the North is changing. An ice-covered expanse now has a season of increasingly open water which is predicted to extend across the whole Arctic Ocean before the middle of this century. Storms thus have the potential to create Arctic swell – huge
ABS announced it has been chosen to class the world's first compressed natural gas (CNG) carrier ordered by Pelayaran Bahtera Adhiguna, a subsidiary of Indonesia's state-owned power company Perusahaan Listrik Negara (PT PLN). The award for the precedent-setting ship
Port Metro Vancouver has re-opened its Clark Drive access gate to inbound container trucks destined for the Centerm container terminal. Inbound access had been closed since 2010 due to unacceptable levels of congestion and traffic management issues along Clark Drive and on port property