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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


Lloyd's Launches 2015 Container Certification Scheme

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  Lloyd’s Register launched its 2015 Container Certification Scheme today to give a clear and concise set of rules to ensure offshore and onshore containers are safe and certified correctly.       Aimed at both manufacturers and operators of equipment in the intermodal industry, the Lloyd’s Register Container Certification Scheme (LRCCS) gives industry the latest requirements for the design


Green Signal for Iranian Tankers in European Ports

Image: National Iranian Tanker Company

 The Mehr News Agency reports that the British Lloyd's Register Group has canceled one sanction against Iran’s oil industry by issuing certificates for commute of Iranian oil tankers to the ports and oil terminals of European Union.  


Sailors’ Society Woolly Hat Week to Aid Seafarers

Lloyd’s Register, sponsors of Sailors’ Society’s Woolly Hat Week, will be donning their woolly hats and holding a #HatHero collection to raise funds for seafarers and their families. (Photo: Sailors Society)

Press release - Sailors’ Society is encouraging supporters to be a #HatHero this Woolly Hat Week to raise awareness of the challenges seafarers face daily and to help seafarers in need. Sponsored by Lloyd’s Register, this Woolly Hat Week will be held February 14-21


LR Bags LAUGFS' Contract in Sri Lanka

Mr. W.K.H. Wegapitiya, Chairman of LAUGFS Holding Photo LR

Lloyd’s Register (LR), world’s leading engineering, technical and business services organization announced today that it has been appointed by LAUGFS Gas PLC (LAUGFS) to handle key safety and quality checks of the LPG terminal at Hambantota Port


LNG Bulker Cements Thordon's Green Future

JT Cements LNG-fuelled cement carried Greenland undergoing sea trials (Photo: Thordon Bearings)

Sea trials aboard Greenland, the world’s first LNG-fuelled short-sea dry bulk vessel, have validated the performance of Thordon Bearings COMPAC propeller shaft solution, indicating that seawater-lubricated bearing systems are applicable to all ship types and are definitely here to stay.


LR Issues AiP for Gas Turbine-Powered LNG Carrier Design

Photo: GE Marine

Press release - GE Marine and Dalian Shipbuilding Industry Company (DSIC) announced it has obtained Lloyd’s Register’s (LR) Approval in Principle (AiP) for the jointly developed gas turbine-powered LNG carrier design, the two companies announced  at the Marintec China 2015 trade


Ship Owners to Get Complete “LNG Solution”

LNGo solution is a mobile liquid natural gasification facility for land-based or water-based bunkering. LNGo streamlines the permitting process. Since LNGo is mobile, it can be easily moved if a bunkering site does not work well and needs to be changed. Image by Siemens Drilling and Marine

 Alliance between Siemens Drilling and Marine, Dresser-Rand—A Siemens Business, and Lloyd’s Register provides end-to-end solution to guarantee availability of LNG as marine propulsion fuel.   A "best of industry" team plans to to make LNG widely available to ship


Nacks, LR Develop Dual-Fuelled MPV Design

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Nantong COSCO KHI Ship Engineering Co. (NACKS) and Lloyd’s Register have together developed a new 28K dual-fuelled multi-purpose vessel (MPV) design   The design is an evolution of NACK’s established 28K MPV design; the new design is fitted with a 500m3 Type ‘C’ LNG


LR Establishes New Notion for LFPF

Lloyd’s Register (LR) has developed a new notation for low-flashpoint fuels (LFPF), allowing owners and shipyards to demonstrate that their design and construction meet requirements.The notation will come into effect as of January 1, 2016, as part of LR’s and Regulations.


ExxonMobil Introduces MFMS in Hong Kong

Photo courtesy of ExxonMobil

ExxonMobil announced it has introduced the first independently accredited mass flow metering system (MFMS) in Hong Kong, following introduction of the system in Singapore. The fuel delivery system can help save vessel operators up to an estimated three hours and $5


IMDG Code Amended

Amendments (37-14) to the International Maritime Dangerous Goods (IMDG) Code will enter into force on January 1, 2016, and include many editorial and technical changes to the Code’s operational requirements.   The amendments will not affect the dangerous goods certification issued by


Tundra MDS Earns ISO 28007-1:2015 Accreditation

Photo: Tundra MDS

Tundra Maritime Defense Services (MDS), the maritime division of Tundra Group, announced that it has been awarded full certification and accreditation for the recently issued ISO 28007-1:2015 (Guidelines for Private Maritime Security Companies)


VIKING Acquires Edge in Offshore Evacuation

VIKING leads offshore evacuation to greater heights Courtesy VIKING

  With recent type approval of an 81-meter-high evacuation system, VIKING has answered the needs of offshore fixed and jack-up rigs to handle extreme heights.   Leading maritime safety equipment and servicing manufacturer VIKING Life-Saving Equipment A/S has received type approval


The Legacy Of Alert: BIMCO

Image: OSM

 For twelve years the International Maritime Human Element Bulletin Alert! has been regularly published, its mission being to raise awareness of human element issues.    Ship designers, builders, managers and operators have all been given plenty to think about around the way that


GE LM6000PG Marine Module Package Certified

Photo: GE

GE Marine and GE Oil & Gas announced that the marine module package design for its LM6000PG aeroderivative gas turbine has been certified by Lloyd’s Register and RINA Services (RINA). The test where the LM6000PG module effortlessly achieved 42 megawatts (MW) was conducted at the GE Oil


Lloyd's Register to Resume Iran Business

Lloyd's Register (LR) is working on resuming services to verify safety and environmental standards for Iranian shipping companies, the ship classification society said on Monday. Without verification from such bodies, ships are unable to call at international ports or secure insurance.  






 
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