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.
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 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
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 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
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
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 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 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
The first Suezmax crude oil tanker that was slated to go through the newly expanded Panama Canal began its transit on Thursday, a public relations official told Reuters. The Aegean Unity, a Greece-flagged Suezmax vessel coming from the U.S
NORD/LB Norddeutsche Landesbank and KKR Credit have reached an agreement by which, subject to completion of certain conditions precedents, KKR Credit, together with a sovereign wealth fund (the “Investors”), will acquire a portfolio of performing and non-performing shipping loans
The International Windship Association (IWSA) will host its annual Wind Propulsion Innovation Forum at SMM2016 in Hamburg, including an extensive agenda with expert speakers and panelists that aim to provoke discussion and debate about wind propulsion as key to the future of sustainable
e-Navigation and the Gulf Area: meeting information needs where blue water, brown water and port facilities interact San Jacinto College and the Seamen’s Church Institute will host e-Navigation Underway (North America) 2016, the third in the annual North American series of
Plans to ensure there is a full maritime survey and inspection team covering the whole U.K., will see more remote working and a slight change to where some of the marine offices are based. The U.K. Maritime & Coastguard Agency has undertaken a review of the way it carries out
Inmarsat announced that its partner Network Innovations (NI), together with Fusion Marine Technology, have signed a contract with Alaskan Leader Fisheries to install Fleet Xpress, Inmarsat’s new high-speed broadband maritime communications service, powered by Global Xpress (GX).
While the nature of the United Kingdom’s future trading relationship with the European Union (EU) will take some time to become clear, it is important to realise that in the immediate aftermath of the result of the UK’s recent EU referendum, says a report from Watson
A recent partnership between Sembcorp Marine and GE aims realize one of the most challenging offshore projects in recent times for Heerema’s new Semi-Submersible Crane Vessel (SSCV) Sleipnir, which at 220 meters long and 102 meters wide, will be the world’s largest crane vessel.
The International Windship Association (IWSA) has announced the shortlist, selected by shipping industry experts, for the inaugural Wind Propulsion Innovation Awards 2016 and voting is now open to everyone to select the winners in three categories – Innovation, Technology User and Research
LUKOIL Marine Lubricants has opened a new branch office in Hong Kong to tap into an increasing market share in Hong Kong and the greater China area. The official opening ceremony was held on Friday, May 27, 2016, and was attended by more than 50 guests from Hong Kong and Taiwan
Wärtsilä and other leading marine industry players have formed a coalition, known as SEA/LNG, to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel. The coalition aims to help break down the barriers hindering the global development of
Griffon Hoverwork, a designer and manufacturer of technically advanced hovercrafts, has collaborated with SCIGRIP, the global supplier of smarter adhesive solutions, in the development and production of their latest vessel. The newly completed 12000TD is a 22 meter passenger craft and represents a
Arbitrage opens after ANS discount widen on ample supplies. Unipec, the trading arm of top Asian refiner Sinopec, has bought two U.S. crude cargoes, including a rare purchase of Alaskan North Slope (ANS) for its refineries in China, trade sources said on Friday.
Hoover Container Solutions (“Hoover”), Ferguson Group (“Ferguson”) and CHEP Catalyst & Chemical Containers (“CCC”), the three global providers of container solutions products in the energy, petrochemical and general industrial markets
National Shipping Company of Saudi Arabia (Bahri) said on Sunday that a subsidiary had secured $133.2 million in Islamic financing to purchase five chemical tankers. The funding will be provided to National Chemical Carriers by Arab Petroleum Investments Corporation and BNP Paribas in the form