Norsafe Exhibiting World Record Breaking Lifeboat at ONS

Norsafe, global leader in marine life-saving equipment, will be showing its world record breaking freefall lifeboat at the Offshore Northern Seas (ONS) show in Stavanger, 29th August to 1st September 2016.

The GES 50 MKIII broke the world record on 25th June 2015 when the 70 passenger model was dropped from 40 meters with ten people on board.

Since then the same lifeboat has been dropped several more times from this height, demonstrating the quality of design and workmanship by Norsafe’ dedicated and skilled workforce.

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Half-year Results: The Swedish Club Reports Solid Performance

Half Year Report 2016 - cover_001The Swedish Club demonstrated a solid performance in the first six months of the accounting year with the announcement of its half-year results today. With balanced underwriting, the Club delivered an operating surplus of USD 11.2 million, resulting in a combined ratio of 100 % – an outcome of stable claims frequency and severity. This fortified the Club’s average over a seven year period to below 100 %. Read more

V.Group Renews Global NEWSlink Subscription and Treats its Seafarers to Special Sports Coverage for August

More than 500 V.Group vessels around the world will continue to receive daily news from home; a special edition of Rio coverage is added as well

MIDDLETOWN, RI, and LIVERPOOL, UK – August 11th, 2016 – KVH Media Group, part of KVH Industries, Inc., (Nasdaq: KVHI), is pleased to announce that V.Group has renewed its subscription to KVH Media Group’s daily NEWSlinkTM service  supplying more than 500 vessels. To kick off the renewal, V.Group opted for NEWSlink’s special editions covering the sports events in Rio de Janeiro this month.

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Braemar Adjusting Agrees Strategic Partnership In South America

Braemar Adjusting is pleased to announce that it has agreed a strategic partnership with Beckett Liquidadores de Seguros S.A of Chile, to act as its local resource partner in a number of countries in South America.

Braemar Adjusting provides Loss Adjusting, Risk Assessment, Legal/Expert Witness and Dispute Resolution services to the Energy, Marine, Mining and Construction insurance industries, through its strategically located global network of offices.

As a result of the arrangement, Beckett Liquidadores de Seguros S.A. will become an integral part of this network by representing Braemar Adjusting in Chile, Argentina, Peru and Bolivia.

This Strategic Alliance will allow Braemar Adjusting to enhance the quality of its broad spectrum of services provided in the Latin American region by strengthening its presence locally and assisting in the continuing delivery of the best possible product for its clients, taking advantage of the synergies created by the quality and depth of experience of both companies.

Braemar Adjusting is part of the Braemar Technical Services division, which is comprised of a number of technical businesses strengthened by their related synergies.

This Group of companies is comprised of:

• Braemar Howells – Environmental services

• Braemar Engineering – Marine and LNG Engineering services

• Braemar Offshore – Offshore and engineering consultancy services

• Braemar (Incorporating The Salvage Association) – Marine surveys

 

SGX updates on its bid for the Baltic Exchange

SGX_logoSingapore Exchange (SGX) announces that it has agreed with The Baltic Exchange Limited (Baltic Exchange) to proceed with the solicitation of support from shareholders of the Baltic Exchange (Baltic Shareholders) to acquire their issued ordinary share capital of the Baltic Exchange (Baltic Shares) for £160.41 in cash per Baltic Share. This represents a total consideration of £77.6 million.

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