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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


US-built TSHD Magdalen Launched

Photo: Eastern Shipbuilding Group

Trailing suction hopper dredger (TSHD) Magdalen was launched on March 31, 2017 at Eastern Shipbuilding Group’s (ESG) Allanton facility in Panama City, Fla.   The 356’ twin screw dredger is being constructed for the U.S.’s second largest dredging contractor, Weeks Marine Inc


LR to Perform Armada Olombendo FPSO Risk Inspection

Lloyd's Register has won an inspection contract with Bumi Armada Berhad for its Armada Olombendo FPSO.   The contract agreement provides Bumi Armada with access to Lloyd’s Register’s risk-based inspection services and technical software which will help to develop quantifiable


‘Natural Gas Operating Fleet’ Concept Receives AiP

Sanjay Verma, Wärtsilä; Jim Smith, Lloyds Register; and Zhao Zhijian, CHI with the Natural Gas Operating Fleet concepts AiP Certification (Photo: Wärtsilä)

Wärtsilä and COSCO shipping Heavy Industry Co (CHI) have announced the joint development of a natural gas operating fleet concept, and this design has now obtained Lloyd's Register's (LR) Approval in Principle (AiP) certificate. The development project was carried out under the terms of


Watermaker Offers Installation Flexibility

These individual elements of Neptune+ can be configured as space and needs dictate. (Photo: FCI Watermakers)

Even on large vessels, machinery spaces tend to be cramped and have reduced accessibility. Knowing this, FCI Watermakers offers its high-efficiency Neptune+ Series in a convenient, modular configuration for a wide variety of flexible installations


Great Ships of 2016: Carnival Vista

Carnival Vista Sea Trial.jpg

Since it started publishing in 1939, Maritime Reporter & Engineering News has recognized excellence in ship construction. This year 18 ships in total were honored, including many “world firsts.”   Carnival Vista - New, Largest Flagship of Carnival Cruise Lines


China’s New Polar Research Vessel under Construction

Image: Aker Arctic

Construction on China’s new state-of-the-art polar research ship is underway at Jiangnan Shipyard in Shanghai, China, with delivery scheduled for 2019.   In 2012, the Polar Research Institute of China (PRIC) awarded a contract for the concept and basic design of the research


Great Ships of 2016: Polaris

Polaris (Photo: Arctech Helsinki Shipyard)

Since it started publishing in 1939, Maritime Reporter & Engineering News has recognized excellence in ship construction. This year 18 ships in total were honored, including many “world firsts.”   Polaris - World’s First LNG-Powered Icebreaker


Cost Reduction Through Modified EMC Regulation

Photo: RH Marine

The joint proposal to applicate risk based EMC regulations has been accepted and will be implemented January 2017. The intention of this proposal is to reduce EMC related costs by applying a risk based approach combined with smart installation methods


Poulovassilis to lead Aegean Shipping

Apostolos Poulovassilis is New CEO Photo Aegean Shipping Management.

Aegean Shipping Management S.A. announces the appointment of Apostolos Poulovassilis as Chief Executive Officer with immediate effect. Mr. Poulovassilis joins the company at an important point in its development, with the upgrade of its tanker fleet in full progress with a clear focus on


Roxtec Services AB Approved by Lloyd’s Register

Photo: Roxtec Services AB

Roxtec Services AB has been audited by the classification society Lloyd’s Register and has received an official approval for inspection and maintenance services of cable and pipe transits. This approval sets new standards for long-term safety at sea.  


FCI Debuts Compact, High Output Watermaker

Image: FCI Watermakers

Space is a precious commodity on any vessel, even a large one. Making its debut at the Miami International Boat Show, FCI Watermakers' new Atlas+APC is compact, yet produces 1,400-3,600 gallons of potable water per day and is fully automatic in its operation


New Subsea 7 Heavy Construction Vessel Built to LR Class

Seven Arctic  (Photo: Subsea 7)

Subsea 7’s newest heavy construction flexlay vessel, Seven Arctic, has been designed and built to Lloyd’s Register (LR) class. Designed to meet the demands of deepwater and harsh environments, she can work at depths of 3,000m and features three offshore cranes


Daspos Opens its Doors in the US

Image: Daspos

Danish manufacturer of oil mist and gas leakage detection systems Daspos A/S has opened its new Daspos International, Inc. office in the greater Seattle area to service the maritime industry.   Daspos manufactures and markets the patented LAS-10 oil mist and gas leakage detection system for


Ecochlor Submits USCG Type Approval Application

Photo: Ecochlor

Ecochlor has announced it has filed an application with the USCG for Type Approval for their Ballast Water Treatment System (BWTS).   Due to a far more stringent set of guidelines, type approval has only been granted to three other BWT Systems worldwide


Lloyd’s Register Invests in Hanseaticsoft

Nial McCollum (Photo: Lloyd’s Register)

Lloyd’s Register invests in ship management software provider Hanseaticsoft in move to build a marine and offshore Industry 4.0   Lloyd’s Register (LR) said it has made a significant investment in Hamburg-based ship management software provider Hanseaticsoft.  






 
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