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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

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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


ASA to Bid on Removal of Costa Concordia

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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


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


UK's LRED Presented with Queen's Award for Enterprise

Queens Award: Photo credit LRED

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


MES Delivers "Eco Friendly" Bulk Carrier

(Source: MHI)

M.V. Hanjin Chiba -- 7th Ship of the New Generation Eco-Ship “Mitsui neo56” -- 56,000 DWT Type Bulk Carrier Delivered Mitsui Engineering & Shipbuilding Co., Ltd. (MES) completed and delivered a 56,000 dwt type bulk carrier M.V. “HANJIN CHIBA” (MES Hull No


Great Lakes Coal Up 9% in October

photo courtesy Midwest Energy Resources Company

Shipments from Lake Erie nearly double that of a year ago Coal shipments on the Great Lakes topped 3 million tons in October, an increase of 9 percent compared to a year ago, while shipments also outpaced the month’s long-term average by 75,000 tons


Dan-Bunkering Opens Office in Aalborg

Dan-Bunkering CEO Henrik Zederkof says he expects to be ready to trade as soon as December 1st

  The global bunker company, A/S Dan-Bunkering Ltd., expands its activities with an additional office in Denmark. "We have employed our first trading team in Aalborg and expect to be ready to trade as soon as 1st December, when Dan-Bunkering Aalborg opens.


Migrant Rescue Draws Budget Concerns in the Mediterranean

Italian coastguard vessels rescue people on the Mediterranean (Photo: United Nations)

Seafarers’ Rights International (SRI) has raised concerns about the implications for masters of the recent reports of the launch of the new EU Frontex operation Triton which will apparently have a reduced budget and focus on border control in place of the Italian Mare Nostrum that is


Society for Gas as a Marine Fuel Launched

Photo: SGMF

The Society for Gas as a Marine Fuel (SGMF) was formally launched by Minister Lui Tuck Yew on Wednesday, October 15, 2014 in conjunction with the Singapore International Bunkering Conference and Exhibition (SIBCON) 2014. Approximately 1,600 delegates from more than 50 countries attended the


Study Shows Oceans Arrived Early to Earth

Adam Sarafian, lead author of the paper and a MIT/WHOI Joint Program student in the WHOI Geology and Geophysics Department, preps samples in Sune Nielsens NIRVANA clean lab to remove all contamination from the surface prior to analysis. (Photo by Jayne Doucette, WHOI)

Earth is known as the Blue Planet because of its oceans, which cover more than 70 percent of the planet's surface and are home to the world's greatest diversity of life. While water is essential for life on the planet, the answers to two key questions have eluded us: where did Earth’s water


Ambrey Risk Acquires Drum Cussac Security Unit

Photo courtesy of Ambrey Risk

Drum Cussac and Ambrey Risk have agreed the sale and purchase of Drum Cussac’s maritime transits security division. Drum Cussac’s transits security division provides security consultants in all marine environments to protect commercial shipping from seaborne piracy threats


Dryad Maritime Earns ISO Certification

UK maritime intelligence provider Dryad Maritime has achieved ISO certification to ISO 9001:2008, covering the provision of vessel management intelligence and maritime security advice. ISO 9001:2008 is accepted as the worldwide standard for a quality management system


Caterpillar CEO Will Attend APEC CEO Summit

Chairman and CEO Doug Oberhelman is joining APEC economic leaders, business decision-makers and academics to discuss opportunities to strengthen regional economic integration and the global multilateral trade system during the 2014 APEC CEO Summit in Beijing.


LR 's Sadler Wins Maritime Fellowship Award

(Photo: LR)

Richard Sadler, CEO of Lloyd’s Register Group Ltd (LR), was honored with the Maritime Fellowship Award at the Maritime Foundation’s Maritime Media Awards. The Maritime Foundation is a charity promoting Britain’s interests across the entire maritime sector


BP's 3Q Interim Dividend for 2014

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  The Directors of BP p.l.c. announced that the interim dividend for the third quarter 2014 would be US$0.10 per ordinary share (US$0.60 per ADS). This interim dividend is to be paid on 19 December 2014 to shareholders on the share register on 7 November 2014


Foster Wheeler To Delist From NASDAQ

  Foster Wheeler AG announced today that it intends to voluntarily delist the registered shares of the Company, par value CHF 3 per share, from the NASDAQ Global Select Market (“NASDAQ”) and, provided that the requirements for deregistration are met, in due course


Alfa Laval Launches PureSOx 2.0

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Alfa Laval’s PureSOx is an emissions scrubber, an alternative for complying with the sulfur limits imposed by MARPOL Annex VI and its guideline MEPC 184(59). With January 2015 and the enforcement of Emission Control Areas (ECAs) rapidly approaching


G20 Targets New Global Energy Body

G20

  Leaders at the G20 Summit are seeking to lay the foundations for a new global energy trade regime to help ensure open markets and prevent oil and gas supplies being used as tools of foreign policy, the Australian newspaper reported on Saturday.


ICAP Shipping in Merger Talks

Shipping market prospects picking up after record downturn; shipbroker M&A deals have gathered pace this year. ICAP's shipping business is in merger talks with rival shipbroker Howe Robinson, the latest potential tie-up among sector players looking for scale after years of freight market






 
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