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Month: April 2010
Grant Smith
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Changes at the helm for Braemar Steege
For immediate release
28 April 2010
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The Board of Braemar Steege Limited is delighted to announce the appointment of Geoff Thomas, OBE, as Managing Director of the company’s London Office with effect from 1st May 2010.
Additionally, Braemar Steege today announces that Grant Smith, former Managing Director of Braemar Steege London, will assume a new role as Managing Director of American Business Development.
Geoff joined Braemar Steege in 2006 after a long and distinguished career in the Royal Navy. His wealth of knowledge and experience has allowed Geoff to develop quickly and he has successfully adjusted numerous high profile energy claims since joining Braemar Steege.
Grant Smith, outgoing MD (transferring to North America) said: “I have worked closely with Geoff during my time in London and I am confident that Geoff’s leadership and management experience will allow him to fulfill the potential for development of Braemar Steege’s business in
London.”
Commenting on the appointment, Nigel Carpenter, CEO of Braemar Steege Group, said: “I look forward to working closely with Geoff in his new role and believe that he will bring a new dimension to the direction of the Company.”
Grant Smith will return to Braemar Steege’s Calgary Office with effect from 1st December 2010, following a short sabbatical. In addition to a daily adjusting role within the Calgary office, he will work with fellow directors Tracy Lloyd (Calgary); Chris Dye (Houston) and Keith Martin (Latin America) to ensure Braemar Steege’s development and expansion throughout North and South America.
Since 1998 Grant has worked throughout the Braemar Steege network of offices. After successfully establishing the Calgary office in 2003, Grant was appointed as Managing Director of London in 2008 where, over the past two years, he has been responsible for recruiting and training numerous adjusters and has overseen significant increase in the office profile and profitability.
Grant said today: “I am looking forward to my return to Canada and to the exciting challenges that lie ahead as we continue to develop opportunities for the Braemar Steege Group throughout the Americas.”
Nigel Carpenter, CEO of Braemar Steege Group said: “Grant’s desire to return to live in Canada provides us with the opportunity to focus on development of our business throughout the Americas and I welcome the additional support that Grant will thereby give me in development of
the Group as a whole.”
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For Further Information, Please Contact:
Braemar Steege Ltd
Tel: +44 (0) 207 265 1566
Elaborate Communications, Sean Moloney
Tel +44 (0) 1296 682356
Notes To Editors:
* Braemar Steege is part of the Braemar Shipping Services Group.
* Braemar Shipping Services plc is a leading integrated provider of broking and consultancy services to the shipping industry.
* Braemar Steege provides loss adjusting and other expert services to the energy (oil and gas), marine, power and other industrial sectors.
www.braemarsteege.com
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MARINVEST SETS UP NEW CHARTERING VENTURE
Marinvest, the Gothenburg-based shipping and investment group, has established a new chartering company HAFNIA Management that it hopes will become a major player in the 30,000dwt + refined product tanker and chemical tanker markets.
HAFNIA Management, which is based in Copenhagen, is now seeking new partners to help it develop its presence in this important chartering sector.
It is also seeking to employ a team of key chartering and operational personnel ahead of starting operations this summer. These include a Chief Executive Officer; Chief Financial Officer; Chartering Manager and Operations Manager.
Marinvest is a private shipping and investment Group and is part owners and managers of product tankers. Holdings include investments in panamax product tankers of about 80,000dwt, a developing coastal shipping company as well as real estate and securities. HAFNIA Management is currently a fully owned subsidiary of Marinvest but is seeking other partners.
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For Further Information, please contact:
Elaborate Communications
Sean Moloney / Debbie Munford
(UK) Tel: +44 (0) 1296 682356
Ship Suppliers Raise Their Game As Clients Demand The Best
Today’s ship suppliers are raising their game to meet the needs of more discerning clients, says the UK’s leading ship supplier Hutton’s.
Hutton’s has noticed a recent step up in the expectations of clients who are increasingly requesting top notch supplies to meet higher onboard standards, notes Alex Taylor, Hutton’s Managing Director.
He says this call for quality is particularly loud in the burgeoning offshore industry – a sector which he believes has made a conscious decision to improve quality and safety standards over the years. “Many of the standards in the global offshore industry are driven by the high standards in the North Sea,” observes Alex.
Vessels often have to entertain clients onboard and want to ensure standards are maintained appropriately. “Good food on board can make all the difference,” says Alex. “You need to look after your guests. Engineers and Scientists might be on a ship which operationally does everything perfectly but if the chef served up the same dish every night then they are going to complain. “
“It’s not uncommon for some oil rig operators to order lobsters and fillet steaks as standard eating products,” says Alex although he acknowledges that budgets are becoming tighter in the current climate.
However the ship supply sector is coming under increased pressure to meet these needs while keeping costs down too. Alex notes that this increase in expectations of high quality produce is also being coupled with a squeeze on margins as operators look to save costs in today’s economic climate without cutting standards on board. “Whatever we supply we still have to keep costs competitive,” he says.
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Maritime Executive April 20th
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AXS DRY CLUB ADDITION SAVES TIME AND MAKES MONEY
PRESS RELEASE
For immediate release.
16 April 2010
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A time saving and money making addition to database content offered by AXSMarine is due to go live this month and looks set to benefit charterers and brokers in ways that count.
AXS Dry Club subscribers are now able to view up-to-date chartering positions as part of their service for a small additional monthly subscription; companies who provide this information , need not be AXSDry subscribers, are able to benefit from additional marketing advantages by mailing their chartering positions free of charge to positions@axsmarine.com. The newservice has already undergone extensive market-place testing over the past six months and is proving beneficial to users and AXSDry Club contributors.
AXSDry is a complete set of online tools and databases designed for the dry bulk shipping industry. Hundreds of operators, brokers, charterers and financial institutions save time and effort by pooling their key vessel, cargo and calculation information in one place. Instead of manually searching for information, AXSDry subscribers have a complete view of the dry bulk shipping market, without having to sort through thousands of e-mails, or manage multiple programs.
Stephen Fletcher, AXSMarine’s Commercial Director, says the ‘AXSDry Club’ will save clients hours of manpower. “The great benefit for users of the AXSDry system is that they no longer have to manually input the information available through the Club – instead it is there for them at the click of a button.
“This service can benefit everyone” he explains, “We currently update some 800 individual ship positions each week, which we estimate represents roughly 25% of the spot market, and we are working diligently over the next month to improve the weekly quantity available.”
The benefits for brokers are obvious. Some brokers registered with AXSDry Club have already reported having made fixtures as a result of enquiries generated by the service and Stephen Fletcher points out: “One additional fixture could justify your annual expenditure on our service.”
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For further information please contact:
Elaborate Communications – www.elabor8.co.uk
Sean Moloney/Debra Munford +44 (0) 1296 682124
smoloney@elabor8.co.uk
/2 AXS DRY CLUB ADDITION SAVES TIME AND MAKES MONEY
Notes to Editors:
• AXS Marine’s interactive, internet-based software is designed with the vessel chartering sector in mind. It comprises multiple databases and tools specific to vessel and cargo chartering such as vessel and cargo fixtures, managing forward vessel and cargo positions, voyage estimations and comparisons, simultaneous multiple calculations, indices, a port library, port distance tables and many more. All the tools are fully interactive and backed up by extensive databases. They offer customers the possibility to selectively share their private information with anybody within the user community.
• AXSMarine’s online tools are secure, fast and easy to use, and the databases they source are always up to date. Because they are internet-based, they are available from any computer, anywhere; there is nothing to download or install.
• With AXSMarine, shipping industry professionals can transform their massive overload of raw data into useful, searchable information. As a result, they can work faster, manage more efficiently and make faster decisions. All of AXSMarine’s products enable users to securely and selectively manage, share, receive and publicise data with affiliates or partners. Users decide which information to share, and with whom, by simply clicking on easy-to-recognise symbols. AXSMarine employs state-of-the-art security to provide the highest integrity concerning the capture and maintenance of data.
JAMAICA FLAG DEMONSTRATES ITS COMMITMENT TO SECURITY
For Immediate Release. April 16th , 2009
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Security matters take centre stage this week when the Maritime Authority of Jamaica joins forces with Canadian experts to develop a comprehensive national security strategy.
The two-day Jamaica-Canada Maritime Security Policy Workshop will take place in Kingston, Jamaica April 15/16. Experts from throughout the maritime security industry and leading members of the Jamaican shipping industry and related businesses will discuss in detail maritime security policy, including legal frameworks, training measures, implementation strategies and future policies.
They will hear from a variety of Canadian representatives on several key aspects of Canada’s marine security regime, including the Marine and Ports Branch of the Royal Canadian Mounted Police. Representing Jamaica will be officials from the Maritime Authority of Jamaica, the Port Authority of Jamaica, Port Security Corps, JDF Coast Guard, JCF Marine Operations and Jamaica Customs, together with a number of leading Jamaican maritime business leaders.
Commenting on the importance of the workshop, Transport and Works Minister Michael Henry says that Jamaica stands to reap great benefits from the synergies that will be forged.
“Jamaica being an island state depends on imports and exports by sea (up to 90%) and has to satisfy international maritime conventions that are in place, including security arrangements which are consistent with international rules and regulations; against this background, I welcome this workshop and look forward to mutually beneficial discourse and positive outcomes,” the Minister added.
And in a keynote speech, Canada’s High Commissioner to Jamaica, Stephen Hallihan, will outline Canada’s programmes in Jamaica. Valerie Simpson, Director of Policy for the Jamaican Ministry of Transport and Works will also attend the event.
Rear Admiral Peter Brady, Director General of the Maritime Authority of Jamaica, said: “As Jamaica advances towards its goal of becoming a maritime centre, this workshop is important to help us further develop and enhance all aspects of security within Jamaica’s maritime industry and to share best practice. I am looking forward to some lively debates and significant outcomes.”
Delegates will also enjoy a reception at the Canadian High Commission as guests of the High Commissioner.
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For Further Information Please Contact:
Elaborate Communications
Sean Moloney
Debra Munford Tel: +44 (0)1296 682051
Tel +44 (0) 1296 682356
Website: www.jamaicaships.com
Don’t Use Ship Suppliers As Bankers Warns Hutton’s
Ship suppliers are becoming unpaid bankers to the maritime industry according to the UK’s leading ship supplier, Hutton’s.
Late payment is too commonplace and adversely impacts on ship suppliers who are the “bottom of the payment chain”, according to Hutton’s Managing Director Alex Taylor.
“People say the sector is being used as a banker and that’s right,” says Mr Taylor who has experience of clients stretching the limits when delaying bill payment. “You have the shipowner who potentially uses a ship manager as a bank, who then potentially uses an agent as a bank, who potentially uses the chandler as a bank,” he outlines, “but the problem is that the owner, the manager and the agent all understand the industry and accept this.
“In the meantime you have us and other chandlers who traditionally have always understood the way the industry operates but this late payment approach stops with us. It can go no further than the chandler because we’re at the bottom of the maritime chain. We are the ones that are affected and we end up bank rolling everyone higher up the chain to us.”
Mr Taylor explains: “We ship chandlers can’t drag our feet over payment because our suppliers are not in the maritime industry and they are simply not going to let it happen. It’s just not acceptable
in the real world – you’ve got to pay on time and that’s it, people don’t accept anything less.”
He says that the current economic climate is exacerbating this cashflow problem. “I think that’s because as the market has got more competitive people aren’t making the money that they used to do,” he says. “It comes down to the old adage that the money is better in my bank account than in other people’s.
“As a chandler we are at the bottom of the maritime pile and we are the last person to get paid. But our suppliers have strict 30-day payment terms and if you don’t pay within 30 days your account is stopped and they won’t trade with you again unless you keep in payment terms, but in this industry the managers and the owners seem to think it is acceptable and it’s not.”
Emphasising the point, Mr Taylor reveals: “We have customers who we are supplying who owe us money going back six months and this is unreasonable. You sit down with someone and you agree on a price and in that agreement you agree on payment terms. That price that has been agreed upon, that price is correct for paying within those terms. If someone wants to say they’re going to pay in 120 days then that’s fine and people can factor it into the prices and if a supplier doesn’t want to accept those terms they won’t do it and the customer can find someone who will. To agree to pay in 60 days and then stretch it out for months and months is underhand.”
Alex Taylor’s views chime with those of the International Shipsuppliers and Services Association (ISSA). President Jens Olsen has gone on record saying: “Late payment is a growing concern for ship chandlers in the world’s ports.”
Pointing out that late payment “remains a principal cause of concern on behalf of our members” Mr Olsen said: “We are working as an association to help our members.”
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Imma And Positiveid Corporation Partner To Offer Personal Health Record Management To Over One Million Seafarers
The International Maritime Medical Association (IMMA) – the trade association that promotes the health and medical interests of seafarers, port workers and cruise passengers worldwide – announced today that it has partnered with PositiveID Corporation (NASDAQ: PSID) to offer PositiveID’s Health Link personal health record (PHR) to approximately one and a half million seafarers per year on a paid subscription basis. The Company is set to launch the partnership with a pilot program for up to 1,000 seafarers in Antwerp, Belgium and Manila, Philippines this month.
Upon successful completion and review of the pilot program, IMMA and PositiveID will enter into an agreement to provide the Company’s Health Link PHR to millions of seafarers and port workers per year, on a paid subscription basis.
Health Link is an electronic, web-based PHR that enables a patient to manage his or her personal medical information and history from anywhere there is an internet connection. Health Link, engineered to be interoperable with Microsoft HealthVault, Google Health and various electronic medical records systems, connects patients to personalised health education and provides online connectivity to caregivers and physicians. Through reminders and alerts that can be tailored to suit an individual’s unique circumstances, users are reminded of important actions and receive suggestions to better manage their health. This includes everything from refilling prescriptions on time and appointment reminders to drug interaction warnings and tips for preventative actions.
When sailors become ill, they will visit a doctor at their next port of call. The doctor, typically, does not have access to the sailors’ PEME, nor does the doctor know the patient’s medical history, and will therefore conduct a thorough, costly examination prior to prescribing treatment. This expensive and burdensome repetition of medical procedures can be eliminated by using Health Link, which stores the sailors initial PEME and subsequent medical procedures.
As the global trade association for the maritime medical sector, IMMA is the primary source for medical advice and health services on pre-employment medical examinations (PEME), which are required for all seafarers before embarking on any voyage, and provides guidance on the operation of doctors and hospitals in the major ports of call throughout the world. Its members provide this all important service to the world’s ship owners, managers and cruise lines as well as port and terminal operators.
Scott R. Silverman, Chairman and CEO of PositiveID, said: “We believe this partnership with IMMA is a perfect example of how patient care can be improved and healthcare costs decreased using our Health Link PHR. By providing patients and physicians with access to health data anytime, anywhere, we can overcome many of the inefficiencies of healthcare today. We believe this relationship holds significant promise, both from a patient and financial perspective.”
Michael van Hall, President of IMMA, welcomed the move as a major step ahead in the progression of solid medical treatment for the world’s seafarers. He said: “Seafarer health has never been as important as it is today and efficient management of their well- being is essential. A healthy ship is a profitable ship. I see our relationship with PositiveID as being crucial to achieving that goal.”
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Notes To Editors
• About PositiveID Corporation www.PositiveIDCorp.com
PositiveID Corporation develops and markets healthcare and information management products through its RFID-based diagnostic devices and identification technologies, and its proprietary disease management tools. PositiveID operates in two main divisions: HealthID and ID Security.
•About IMMA www.maritime-medical.org
IMMA is a not-for-profit trade association that represents and promotes the health and medical interests of the world’s seafarers, port workers and cruise passengers, as well as improves shipboard hygiene. IMMA works to lobby politicians and regulators who influence this important sector of the global shipping industry.
• Statements about PositiveID’s future expectations, including the likelihood that its Health Link will be offered to more than one million seafarers per year on a paid subscription basis, the likelihood that the pilot program between the Company and IMMA will be a success, the likelihood that Health link will be interoperable with Microsoft HealthVault, Google Health and various electronic medical records systems, the ability of Health Link to improve patient care and decrease healthcare costs, the ability of the relationship between the Company and IMMA to benefit the Company from a patient and financial perspective, the ability of IMMA’s relationship with the Company to efficiently manage the well being of seafarers, and all other statements in this press release other than historical facts are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and PositiveID’s actual results could differ materially from expected results. These risks and uncertainties include the capabilities of Health Link and Health Link’s interoperability, the outcome of the pilot program with IMMA, as well as certain other risks. Additional information about these and other factors that could affect the Company’s business is set forth in the Company’s various filings with the Securities and Exchange Commission, including those set forth in the Company’s 10-K filed on February 12, 2009, under the caption “Risk Factors.” The Company undertakes no obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this statement or to reflect the occurrence of unanticipated events, except as required by law.
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