BV Approves Braemar’s LNG Containment System
Braemar Technical Services announced that Bureau Veritas (BV) has issued a General Design Approval for the FSP Type B LNG Containment System (FSP). Starting with the General Dynamics NASSCO-patented tank design, for which the American Bureau of Shipping (ABS) and Lloyd’s Register had issued Approval in Principle (AiP) several years prior, Braemar engineered a new and improved containment system that meets the demands of LNG storage in marine, offshore and onshore applications.
Braemar Acquires NAVES
Braemar Shipping Services plc announced the conditional acquisition of the entire issued share capital of NAVES Corporate Finance GmbH. Braemar is a leading international provider of broking, consultancy, technical and other services to the shipping, marine, energy, offshore and insurance industries. NAVES is a corporate finance advisory business focused on the maritime industry to create a new division within Braemar to be known as the Financial Division. The consideration payable…
Braemar Launches New Salvage Support Operation
Incident response and environmental clean-up specialist Braemar Howells and its sister company Braemar (Incorporating The Salvage Association) are to work together to provide a 24-hour global response capability to the world’s shipping and marine insurance sectors. In what is being seen as a key development in the expansion of Braemar’s Technical Services (BTS) division, both companies have formed Braemar Marine Salvage Support Services which will provide on-site distressed cargo management and salvage support services to salvors…
Braemar Shipping Launches Technical Service
Braemar Shipping Services plc's penetration of the global marine and offshore services sectors continues to develop with the bringing together of its business units under the umbrella control of the Braemar Technical Services (BTS) division. As was set in train with the results’ announcement in May 2011, BTS will bring a broader service as well as operating efficiency benefits to customers of its technical services businesses - Braemar Casbarian, Braemar Falconer, Braemar Steege, Braemar (incorporating The Salvage Association) and Braemar Wavespec/Wavespec. - Braemar (incorporating The Salvage Association) as a leading multi-disciplinary marine surveying and technical consultancy arm providing services to the world's shipping, offshore energy and insurance sectors.
Braemar Seascope and Tullett Prebon Announce Joint Arrangement
Braemar Seascope Limited and Tullett Prebon PLC announce joint arrangement for FFA broking Braemar Seascope Limited and Tullett Prebon PLC announced the formation of TP Braemar, a joint arrangement that will broke forward freight agreements (FFAs). The TP Braemar team will be based at Braemar’s offices in and will employ four FFA brokers to work on the wet FFA market. Operations will commence on August 18.
Braemar Acquires LPG Connect
Braemar Seascope Ltd, the shipbroking arm of Braemar Shipping Services plc, has acquired the LPG broker and consultant LPG Connect International to form a product broking division called Braemar LPG Connect, to take effect from April 21st, 2009. Braemar LPG Connect will be located in Braemar Seascope’s London office and will be headed by Stuart Anderson who will also be part of Braemar’s Gas Department team, with Allison Isaac-Hierscher joining in operations. Stuart has significant broking and trading experience in this sector and will bring a new LPG broking discipline to Braemar through the move. LPG Connect International's training course partnership is not affected and will continue unchanged. (www.braemarseascope.com)
Braemar Completes Merger with ACM Shipping
Braemar Shipping Services plc has completed the merger with ACM Shipping Group Plc (‘ACM’). ACM will merge with Braemar Seascope, the shipbroking division of Braemar Shipping Services, to form a new combined shipbroking business, which will trade as Braemar ACM Shipbroking. Braemar ACM Shipbroking brings together two leading shipbroking companies and builds on their complementary strengths in tanker and dry cargo chartering and sale and purchase. The combined business will enable…
Braemar Launch Global 24-hour Response Marine Salvage Support
Incident response and environmental clean-up specialist Braemar Howells and its sister company Braemar (Incorporating The Salvage Association) are to work together to provide a 24-hour global response capability to the world’s shipping and marine insurance sectors. In what is being seen as a key development in the expansion of Braemar’s Technical Services (BTS) division, both companies have formed Braemar Marine Salvage Support Services which will provide on-site distressed cargo management and salvage support services to salvors, owners and insurers, together with additional expert technical advisory services from within BTS ranging from resolving LNG operational problems to offshore engineering solutions.
Braemer Rebrands Business Divisions
Braemar Shipping Services plans to rename companies within its group to create greater awareness of the breadth of its maritime services. The move will result in the following changes: • Braemar’s environmental division DV Howells becomes Braemar Howells • Specialist loss adjusting arm Steege Kingston will be known as Braemar Steege • Falconer Bryan, the group’s technical survey and marine consultancy services business, will change to Braemar Falconer. The name changes become effective today while further re-branding of websites and corporate literature is scheduled to take place over the coming months. Braemar Shipping Services plc is a leading integrated provider of broking and consultancy services to the shipping industry.
Braemar Shipping Appoints New Chief Executive
The board of Braemar Shipping Services PLC (“Braemar”, “the Group” or “the Company”) is pleased to announce the appointment of James Kidwell as Chief Executive with effect from today. James Kidwell, age 50, is Group Finance Director and has worked for Braemar in that role since June 2002. He succeeds Alan Marsh, who will retire as chief executive today and from the board on 31st July 2012. Alan Marsh has, however, agreed to continue to play an active role in the Shipbroking division. In addition, Quentin Soanes, following his appointment as Chairman of the Baltic Exchange, will also retire from the board on 31st July 2012 but will remain responsible for the Group’s Technical, Logistics and Environmental divisions.
BMS Launches New Corporate Website
Braemar Shipping Services plc, an international provider of broking, consultancy, technical and other services to the shipping and energy industries, announced it has undertaken a major upgrade to its online presence through the launch of a new corporate website (www.braemar.com), linking all the company’s divisions within a single digital presence. The new website boasts increased functionality and content such as improved search functions, an updated media section and in-depth information on Braemar’s services, locations and key contacts.
Kruszewski Joins Braemar Engineering
Braemar Engineering, the specialist maritime engineering consultancy, today announced the appointment of Chis Kruszewski to the role of Senior Electrical Engineer in its Offshore, DP and FMEA Group. Mr Kruszewski joins Braemar Engineering with immediate effect, bringing with him over 25 years’ experience in high voltage electrical systems, offshore electrical and DP systems, and FMEA analyses. “We are delighted to welcome Chris on board and expand the Offshore, DP and FMEA team,” says Kyle Eddings, Manager of Braemar Engineering’s Offshore, DP and FMEA Group.
Faulkner Joins Braemar SA as Manager
Braemar (incorporating The Salvage Association) has appointed David Faulkner as ‘Manager, Ports and Harbours (Middle East)’. David is a Master Mariner and pilot and will be based in the Braemar SA Abu Dhabi office. He has extensive experience in providing specialist port consultancy services on aspects such as vessel manoeuvring, navigation, VTS (vessel traffic service) and marine risk, as well as providing expert opinion services to the insurance and legal markets on navigation, unsafe berth and unsafe port cases.
McClain Appointed MD of Braemar Engineering
Braemar Shipping Services Group PLC is pleased to announce that Sheila McClain, Executive Vice President of Braemar Engineering, has been appointed Braemar Engineering's new Managing Director. Sheila will continue to be based in Houston, Texas and will assume management responsibility for global operations with effect from 8 June 2016. In conjunction with her management team, Sheila will continue to develop and promote Braemar Engineering’s expertise specialising in marine, offshore and land-based LNG projects, dynamic positioning and engineering consultancy.
Harsema-Mensonides Joins Braemar Engineering
Braemar Engineering announced the appointment of Alex Harsema-Mensonides as Director of Marine Business Development, effective from September 1, 2014. Harsema-Mensonides joins Braemar Engineering with a wealth of experience. He has held key roles across Europe, including technical and commercial positions in the marine industry across the Netherlands, Sweden and Germany, and also founded his own consultancy operating at the vanguard of the LNG sector around the world, advising GE Energy, ABB Marine and Caterpillar, amongst others.
Braemar Poised for Expansion
Braemar (Incorporating The Salvage Association) is poised to expand its marine surveying and consultancy services following its recent buy‐out by Braemar Shipping Services plc. The company is looking forward to taking advantage of the wider group’s extensive global office network to broaden its existing international expert marine surveying and consultancy service. The Association, which boasts a maritime history of more than 150 years, plans to expand its maritime services through its close association with complementary businesses in the Braemar Group, while maintaining its range of marine surveying and technical consultancy operations.
NASSCO Licenses LNG Containment Tech to Braemar
General Dynamics NASSCO and Braemar LNG BV, a wholly owned subsidiary of Braemar Shipping Services PLC, have signed a technology licensing agreement for Braemar to use NASSCO’s intellectual property in its design and construction of Flat-Panel, Semi-Membrane, Prismatic-Shaped (FSP) LNG containment systems. FSP is a new multipurpose Type B flat-panel, semi-membrane, prismatic-shaped LNG tank-containment system which uses flat plate technology and a universal joint configuration.
Braemar Adjusting Appoints Grant Smith
The Board of Braemar Adjusting is delighted to announce the appointment of Grant Smith as Group Managing Director of the company with immediate effect. His appointment is an important stage in the streamlining of the business and will enable senior management within Braemar Adjusting to focus entirely on the needs of its client base around the world. Grant will work closely with his team of Regional Managing Directors – Geoff Thomas (Europe and West Africa); Chris Dye (Americas)…
Seascope, Braemar Agree To Merge
Seascope Shipping Holdings Plc agreed to merge with Braemar Shipbrokers Ltd., to help strengthen its position in the London and international shipping markets. Seascope added that the merger with privately owned Braemar would provide a more stable earnings base.
Anticipating Market Change Crucial for Industry - Braemar
Being in a position to accurately anticipate change in the shipping markets is becoming ever more crucial for maritime service providers, as owning principals demand more solutions to the problems created by over-ordering, according to Braemar Group Asia President Denis Petropoulos. Speaking at a press conference during Singapore Maritime Week, Mr Petropoulos said this need for in-depth industry knowledge and experience in understanding how to deal with market downturns means…
Purchase Of The Business And Certain Assets Of BMT Marine
Braemar is pleased to announce the purchase of the business and certain assets of BMT Marine and Offshore Surveys Limited (“BMTMOS”) on 6th May 2011 from the Administrator, Deloitte. BMTMOS provides Hull and Machinery, P&I and Marine Warranty survey services around the globe; clients operate primarily in the insurance, shipping and offshore industries. BMTMOS has 94 employees, most of whom are marine surveyors, who operate from 21 offices around the world. Going forward the business…
Braemar Acquires BMT Marine & Offshore
BMT Marine & Offshore Surveys, which incorporates The Salvage Association and Murray Fenton, is delighted to announce that the business and assets of the company have been acquired by Braemar Shipping Services Plc, a leading international provider of shipbroking, consultancy, technical, logistics and other services to the shipping and energy industries. Nigel Clark, Managing Director of BMT Marine & Offshore Surveys, said: “We are delighted with the outcome of this sale process and we believe this is a tremendous opportunity for the future of our business.
Braemar Reports Interim Management Statement
Braemar Shipping Services reported at its Annual General Meeting, that freight rates have recently set record highs in the dry bulk market and wet chartering has also seen a period of notable strength. Shipbroking income is ahead of the first quarter of last year and activity levels have been high with good business concluded over the first quarter in these favorable conditions. The addition of more newbuilding orders and time charter business has sustained the high level of our forward order book. Other businesses are performing in line with the company's internal expectations. The company is pleased with the performance of Steege Kingston since it was acquired in March.