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Lloyd's Register

Lloyd's Register Returns To Profitability

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 Awarded Destroyer Construction Services Contract

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


LR LNG Fleet Tops 100

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


LR Publishes ISPS Practical Pack

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 Partner Up

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


Lloyd’s Register Authorized by Japanese Gov

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 Prepares New Guidelines

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 Sets Initiative for Industry Security

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


LR Secures USCG Authorization

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


LR Debuts Training in Materials, Welding and Non-destructive Testing

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.


LR to Support LNG Bunkering in Portsmouth

Aerial view of Portsmouth and ferry terminals (Photo: LR)

Lloyd’s Register (LR) is working with British port to develop operational procedures and technical standards required for safe LNG bunkering operations. LR has commenced a project to identify the technical specifications and develop operating procedures for safe LNG bunkering in


LR to Class BC Ferries' LNG-fueled Newbuilds

Photo courtesy of BC Ferries

BC Ferries has awarded Remontowa Shipbuilding S.A. of Gdansk, Poland contracts totaling $165 million to build three new Intermediate Class LNG-fueled passenger ferries, to be classed by Lloyd’s Register (LR). The new intermediate class vessels will be the first vessels in BC


DNV GL Launches Regulatory Requirements Roadmap for Floaters in US

DNV GL has mapped out what is necessary to be in compliance with USCG requirements to operate FOIs, FSOs and FPSOs in US waters.

  In the first comprehensive overview of its kind, DNV GL has mapped out what is necessary to be in compliance with US Coast Guard (USCG) requirements to operate FOIs, FSOs and FPSOs in US waters. The roadmap document called “Verification for compliance with United States


DNV GL Publishes Regulatory Roadmap for Floaters in the US

Photo courtesy of DNV GL

DNV GL announced it has mapped out what is necessary to be in compliance with U.S. Coast Guard (USCG) requirements to operate FOIs, FSOs and FPSOs in U.S. waters. In what DNV GL is calling the first comprehensive overview of its kind , the roadmap document entitled “Verification for


DBR Generatorsets Wins Large Repeat Order

Photo courtesy of DBR

DBR will supply emergency/harbor diesel generator sets for six new pipelaying vessels under construction at IHC Merwede in the Netherlands for Subsea 7 and SapuraKencana. The order for the custom engineered units, generating up to 1,875 kVA, follows DBR’s successful delivery of three similar


Haifa Port Orders another Powerful Tug

seven-cylinder version of the MAN L27/38 engine

Newbuilding Haifa follows in footsteps of twin MAN 8L27/38-powered sister Zamakona Yards, one of Spain's main shipbuilding and ship-repair groups, has signed a contract with Haifa Port Authority for the construction of Haifa, a Voith Schneider tug boat, to aid in port operations


Beltov Joins DNV Petroleum Services

Tejs Beltov

DNV Petroleum Services (DNVPS) has appointed Tejs Beltov as the new Chief Operating Officer for Europe. Beltov, who joined the company on May 1, 2014, replaces Bill Stamatopoulos who has taken on a new challenge as Group Commercial Director. Stamatopoulos will develop and execute the


LR Verifies OOCL’s CO2 and SOx Emissions Data

OOCL’s emissions data reported into the BSR Clean Cargo Working Group (CCWG) verified as true and accurate by Lloyd's Register, supporting the operator’s commitment to reducing GHG emissions from their vessels.   Orient Overseas Container Line (OOCL) is an integrated


Barge Master Receives ISO 9001 Certification

Barge Master T700 in use as a crane platform and a supply platform (Photo courtesy of Barge Master)

Barge Master has obtained ISO 9001 certification for the development and exploitation of its offshore motion compensation systems, the company announced today in a press statement. Barge Master said its quality assurance, safety, health and environment (QASHE) system is in compliance with legal


LR Addresses Fuel Changes when Entering and Exiting ECAs

From January 1, 2015, the maximum sulphur content of fuel oil used within the MARPOL Annex VI Emission Control Areas (ECAs) will be 0.10%, unless using an approved alternative means for controlling sulphur emissions. In most cases, the fuel used will be low-sulphur distillate oil (LSDO)


Wärtsilä Environmental Seal Systems First to Gain Recognition

Wärtsilä supports the underwater repair and maintenance of a broad portfolio of seal products. Performing critical maintenance to stern tube seals and other equipment while keeping the vessel in service enables uninterrupte

  Wärtsilä has received an important service level recognition for its Wärtsilä Airguard and Wärtsilä Oceanguard propeller shaft sealing systems from Lloyd's Register. The recognition of Lloyd's Register, a marine classification society


Brown Appointed COO at Lloyd’s Register

A 19-year veteran at Lloyd’s Register, Nick Brown will take over as the group’s new Marine Chief Operating Officer. (Photo courtesy of Lloyd’s Register)

Nick Brown appointed Marine Chief Operating Officer (COO) while EMEA area is split into two operating regions in Lloyd’s Register announced the appointment of Nick Brown, previously Director Business Development & Innovation, as the group’s new Marine Chief Operating Officer


LR to Class Unique Energy Efficient Ferry

Texelstroom

Large ferry to trade between the Dutch islands of Texel and Den Helder will have an advanced energy management system – operating principally on gas but also with batteries, solar auxiliary power and the capability to run solely on diesel.


Tata Steel is crowning glory of HMS Queen Elizabeth

HMS Queen Elizabet

  Today’s naming ceremony of the aircraft carrier HMS Queen Elizabeth marks a major milestone in Tata Steel’s 12-year involvement in the project. In that time the company has supplied 40,000 tonnes of steel and developed three entirely new grades of lighter and stronger steel


Vic-Press Receives Five New Type Approvals

Vic-Press (Image courtesy of Victaulic)

Approvals from ABS, BV, DNV, Korean Register and Lloyd’s Register add to previous GL approval Victaulic, a manufacturer of mechanical pipe-joining systems, has received type approvals from American Bureau of Shipping (ABS), Bureau Veritas (BV), Det Norske Veritas (DNV)






 
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