LR Acquires Capstone Engineering

Tuesday, October 04, 2005
Lloyd’s Register Americas, Inc. has acquired Capstone Engineering Services, Inc. and Capstone Software Systems, Inc. The acquisition will be renamed Lloyd’s Register Capstone, Inc. and will strengthen the Lloyd’s Register Group’s integrity services business and provide its oil and gas business with a broader base in the Americas. With the addition of Capstone software, RBMI, the Lloyd’s Register Group strengthens its position by enhancing its world-class, risk and asset management services, and its client-focused, software solutions.

Capstone, a Houston-based company, has been helping clients improve process plant reliability and equipment integrity by providing a set of integrated consulting services and the most comprehensive risk-based inspection (RBI) software on the market. Capstone’s technology utilises risk-based models and inspection planning rules to optimise the inspection and maintenance of process-facility assets.

Capstone’s RBMI software is a fully-integrated, software application used to implement risk-based inspection for all categories of static equipment. This application is the industry’s first integrated software package that manages the full cycle of RBI, including the generation of dynamic inspection plans and updating of risk after an inspection is completed. The RBMI software complies with the requirements of Recommended Practice (RP-580) for RBI, and the latest editions of American Petroleum Institute (API) Inspection Codes.

Over the last several years Capstone has developed an asset performance management (APM) system, integrating existing management systems, maintenance, reliability engineering, technical integrity, and risk management for physical assets. APM assists clients in achieving their business objectives and contributes significant value to the organisation while driving the overall performance of physical assets, resulting in improved safety, availability, and profitability. Strategically changing and institutionalising how assets are managed within the organisation will create a competitive advantage while providing world-class results.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter January 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

OSV Delivered to MC2 in Dubai

Marine Core & Charter LLC (MC2) headquartered in Dubai has taken delivery of the new build PETRA-1, the first of two, 45-meter Fast Offshore Support Vessels in

Baltic Index Pauses at Record Low

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, ended flat on Thursday after declining for 12 straight sessions

Greeks at Frontline of Migrant Crisis Angry at EU Critics

ABOARD THE AGIOS EFSTRATIOS, Aegean Sea, Feb 11: Greek Captain Argyris Frangoulis lifts his binoculars and with eyes fixed on the Aegean Sea horizon, steers his

Finance

Baltic Index Pauses at Record Low

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, ended flat on Thursday after declining for 12 straight sessions

Long Beach Sees Robust Container Growth

The Port of Long Beach kicked off 2016 by logging its seventh straight month of cargo increases, showing a 24.8 percent jump in container shipments over the same month last year.

Maersk Drilling Posts Record Profit

Maersk Drilling delivered the best result ever with a profit of USD 751m (USD 478m) in 2015 generating a ROIC of 9.3% (7.1%). The result was positively impacted

 
 
Maritime Contracts Maritime Security Naval Architecture Offshore Oil Pipelines Port Authority Salvage Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1111 sec (9 req/sec)