Lloyd’s Register Group announced full year results for the year ended June 30, 2001. Lloyd’s Register reports that operating profit for the 12 months at $35 million, with a record income up 11 percent at $519.2 million, which return it to profitability six months ahead of target. With the business restructured, Lloyd Register’s non-core activities were successfully exited. David Moorhouse, Chairman of Lloyd’s Register, comments: “These results - and the activities that lie behind them - mark successful further steps in the Group’s aim to become the preferred global provider of risk management solutions, most notably in the transportation sector. “Our strength and reputation in the marine sector is well recognized and we will continue to ensure we remain at the forefront of ship classification, certification and inspection services. From this platform we are currently working to develop our services to other transport sectors, in the first instance rail. I am confident that this development strategy, based on the provision of independent risk management and safety expertise, will provide Lloyd’s Register with an environment for growth, a wider development opportunity for our employees and the basis for a successful future”.
Lloyd’s Register has won a contract to provide classification services for the first six of the UK Royal Navy’s Type 45 destroyer, all to be built under survey in accordance with Lloyd’s Register’s Rules and Regulations for the Classification of Naval Ships. The contract was signed on July 2, 2003 at the prime contractor BAE Systems’ office in Filton, Bristol, UK by Martin Robinson, Head of Procurement, Combat Systems, for BAE Systems and Dave Philip, Lloyd’s Register’s Type 45 Project Manager
Lloyd’s Register has published its ISPS Practical Pack, a guide designed to help owners and operators to meet the requirements of the forthcoming International Ship and Port Facility Security (ISPS) Code. The pack was developed by Lloyd’s Register in conjunction with maritime security expert IDS International Ltd. The ISPS Practical Pack provides a methodology that company security officers can use when conducting ship security assessments and developing ship security plans in accordance with
During a ceremony held in Tokyo, Lloyd’s Register was confirmed as the first foreign classification society to be formally authorized by the Japanese government to carry out surveys on ships flying the Japanese flag. Under Japanese legislation, Lloyd’s Register has been designated as a Recognized Organization by the Japanese government and is granted delegated responsibility for statutory surveys and permission to issue statutory certificates.
Lloyd’s Register and Resurgence Software have partnered up, giving Lloyd’s Register rights to jointly market Resurgence Software’s industry leading equipment reliability analysis software system Wave. Wave is a ship equipment reliability analysis software tool that helps ship owners and operators better manage their fleets. It aims to increase revenue through optimization of reliability-related maintenance practice and reliability-related downtime losses
Recent orders of classification services for six liquefied natural gas (LNG) ships have resulted in a milestone for Lloyd’s Register: more than 100 LNG ships now exist or are being built to Lloyd’s Register class, which is significant because the new ships (two for Teekay Shipping and four for BP Shipping at Hyundai Heavy Industries) will feature dual-fuel engines, a recent innovation in LNG ship propulsion. Lloyd’s Register currently classes 37% of the LNG fleet worldwide with a total of
The amendments to the Safety of Life at Sea (SOLAS) Convention covering maritime security that come into force on July 1, 2004 have raised concerns within the shipping industry that the parties involved – shipowners, managers, port facilities, flag states and class - will be unable to cope with the workload within the deadline. It is therefore imperative that both classification societies, in their pending capacity
The US Coast Guard (USCG) has authorised Lloyd’s Register to act on its behalf for issuance of the Document of Compliance for US-flagged ships carrying dangerous goods. This authorisation underscores the continuing level of confidence the USCG places in the technical expertise and ability of Lloyd’s Register to verify compliance with safety requirements for US-flagged vessels. ‘Dangerous goods’ are hazardous substances
With the global LNG market forecast expected to double in size over the next decade the industry is showing particular interest in the development of offshore LNG installations, which is believed by some to be a safer way for LNG production, storage and distribution. This new breed of LNG FPSOs (FLNG) will combine gas ship containment and marine systems with onshore type LNG processing equipment and operate in an offshore environment.
Lloyd's Register is offering training courses in the properties of marine materials, welding techniques and non destructive examination (NDE), some of the cornerstones of ship construction, repair and maintenance. The course, Basic Principles of Materials, Welding and NDE for Existing Ships, has been designed for superintendents, ship-managers and the technical staff who are responsible for keeping their ships safe and operating efficiently.
The deal will support Aker Solution’s commitment to meet safe and sustainable offshore operations in the most important new development in the North Sea. It is a significant win for Lloyd’s Register Consulting as Aker Solutions is one of the world’s largest providers of
Lloyd’s Register and the UK P&I Club have updated the ILO MLC smartphone app and launched a new ISM & ISPS pocket checklist app. Both apps are free and are available for iPhone, iPad and Android devices. In a fully paperless operation
Deltamarin announced a design contract awarded by China Shipbuilding Industry Corporation (CSIC) for the new 37,000 GRT (Gross Register Tonnage) hospital ship to be built for Mercy Ships at Tianjin Xingang Shipyard. Deltamarin’s contract includes approval
Lloyd's Register issued and alert stating the IMO has amended its guidelines for the carriage of blends of petroleum oil and biofuels (Circular MEPC.1/Circ.761/Rev.1) and has also amended its guidelines and specifications for oil discharge monitoring (ODM) and control systems for oil tankers
Lloyd’s Register Marine say they have created an easy-to-use app for smartphones and tablets, enabling its clients to access ship and fleet data from anywhere in the world. LR describe the new app as using the functionality of LR’s award-winning web service Class Direct
Lloyd’s Register Marine has created an easy-to-use app for smartphones and tablets, enabling its clients to access ship and fleet data from anywhere in the world This new app, using the functionality of LR’s award-winning web service Class Direct
Fifty days on, the maximum bending moment for the chemical carrier Maritime Maisie exceeds estimated damage strength limits. The ship will be in danger of breaking up if subjected either to worsening weather or a long ocean tow Lloyd’s Register’s Ship Emergency Response Service
Neptune announce that it has been certified by Lloyd’s Register Quality Assurance (LRQA) to ISO PAS 28007. The PAS, as part of the ISO 28000 family of security standards, gives established guidelines to private maritime security companies (PMSC) providing armed guards to ships
Tundra Maritime Defense Services (MDS), the maritime division of Tundra Group, announced that it has completed Stage 1 of the ISO 14001:2004 and OHSAS 18001:2007 certification process conducted by Lloyd’s Register Quality Assurance (LRQA).
The new Russian-flag liquefied natural gas (LNG ) carrier was named 'Velikiy Novgorod' at the STX O&S shipyard in the city of Jinhae (South Korea) and becomes the fifth in Gazprom's tanker fleet. Gazprom explain that the Velikiy Novgorod is a gas carrier with
Applicability: Non-tank vessels of 400 gt or more of any flag, which are self-propelled, carrying oil of any kind as fuel, and bound for a port or place in the U.S. The U.S. Coast Guard (USCG) has published a Final Rule which took effect on 30 October, 2013
Wärtsilä said that the first ever Wärtsilä X72 mid-bore, low-speed engine has successfully passed the factory acceptance test. This milestone verifies that the engine fulfils the design criteria for performance and functioning
Largest ever Marintec China 2013 hits New Records over 1,700 exhibiting companies and attracted 13% more trade visitors Hong Kong – December 23, 2013—Marintec China 2013, organized by UBM Asia and the Shanghai Society of Naval Architects and Ocean Engineers
Japan's NYK Line say they have received certification from classification society Lloyd's Register (LR) for two of its PCTCs (pure car and truck carrier) for the disclosure of accurate numerical values based on proper methods of collecting environmental data
Lloyd's Register (LR) unveils a refreshed brand identity, with the introduction of a new logo that celebrates the culture of innovation built over the company’s 253-year history. LR explains that the organisation has undergone significant change and growth over recent years