M3 Marine News

M3 Marine (Offshore Brokers) UK Ltd (M3OBUK) – a newly established London-based broking company focusing on the offshore and renewables sectors, announced on Tuesday the appointment of Robert Day as its Managing Director.Day brings with him almost a decade of experience, having previously held the role of Associate Director and Head of Offshore at VesselsValue, where he ran the offshore desk which specialized in valuations, broking, market analysis, and business development with a focus on offshore support vessels…

Following a period of improving industry metrics during 2017, the International Marine Contractors Association (IMCA) has recognized that member companies could now consider reactivating their owned and managed DP vessels following a period of layup, and has issued a focused information note on this.IMCA’s Technical Adviser – Marine, Captain Andy Goldsmith, said, “In the right circumstances there is no reason why a reactivated DP vessel should not re-enter service in a better condition than when it was laid up, and with increased cyber security measures implemented.

The Indian Register of Shipping (IRClass) held the first meeting of its Advisory Committee in Singapore. The purpose of the committee, which draws members from Singapore’s leading maritime and offshore companies, is to give expert guidance to IRClass in strengthening its relationship with the Lion Republic’s maritime cluster and across South East Asia. “In our relatively short existence to date, we have gone some way beyond the simple provision of classification services,” he said. “Life begins at 40, they say,” he added. The committee discussed the aims and objectives of IRClass in Singapore and South East Asia, and advised IRClass to focus on educating the markets not only on its classification capability but the range of its portfolio of services.

Playing an active role and making meaningful contributions to the workings and development of the Tripartite Maritime Manpower Taskforce initiatives for both seafaring and shore-based jobs will be one of the major priorities for the new Singapore Shipping Association (SSA) Council, its recently elected President has announced. Addressing a press briefing in Singapore yesterday, Esben Poulsson said the initiative, spearheaded by the Maritime and Port Authority of Singapore (MPA)…

STX Marine is pleased to report the launching of Hallin Marine’s Compact Semi-Submersible, CSS Derwent. The event took place at Drydocks World Nanindah’s yard in Batam, Indonesia. The CSS Derwent was launched on 5 June 2012 and has an expected delivery at the end of 2012. The CSS concept has been developed by STX Marine, in partnership with Hallin Marine; Minnow Marine Projects Limited and M3 Marine, over a five year period to capture the capabilities and low-motion behavior of a semi-submersible vessel in the smallest form feasible, giving an industry-leading design in terms of operability.

Singapore – Soaring demand for liquefied natural gas (LNG) across Asia is driving major new investments into exploration and infrastructure capabilities. This will stimulate growth in the region’s rapidly expanding offshore and marine sector, as new developments will require additional offshore assets and support services from regional players. Furthermore, due to the synergies between Asia’s gas reserves and ship-design capabilities, the region could pioneer a long-term move toward more LNG utilization to reduce vessel emissions and fuel bills of the offshore support vessels supporting these projects. However, seizing these growth opportunities and moving towards gas-powered vessels of the future…