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
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
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
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
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.
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.
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
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.
Lloyd’s Register (LR) says it is honored to be the classification society of choice for Mercy Ships latest endeavour, a new 36,600 GRT hospital ship scheduled for completion in 2017, and to be named 'Atlantic Mercy'. LR explain that the hospital ship will be designed by the Finnish firm
Tundra Maritime Defense Services (MDS), the maritime division of Tundra Group, announce that it has now been formally awarded full certification and accreditation for ISO 28000 including ISO/PAS 28007:2012 (Guidelines for Private Maritime Security Companies)
Capilano Maritime Design Ltd., a naval architecture design firm based in North Vancouver, BC, Canada, announced that John Shaw has joined the firm as Manager of Engineering. For the last six years, John was employed at Seaspan Shipyards where he played a role in the shipyard’s successful
Lloyd's Register’s (LR) LNG Bunkering Infrastructural Survey 2014 indicates that major ports around the world are either planning for, or are anticipating, the wide-scale development of LNG bunkering. 22 ports were assessed in the analysis with 18 key questions addressed.
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
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).
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
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
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
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 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
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 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
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
Please note: this Class News is a reissue and replaces the version sent on 10 January, 2014. The table has been amended to clarify the implementation dates for Regulation D-2 of the Ballast Water Management Convention. The International Maritime Organization’s governing body, the Assembly