M3 MARINE GROUP · PDF fileM3 Marine Group were again awarded Singapore SME 1000 status in...
Transcript of M3 MARINE GROUP · PDF fileM3 Marine Group were again awarded Singapore SME 1000 status in...
M3 Marine Expertise Pte Ltd 15 Jalan Kilang Barat #06-03 Frontech Centre Singapore 159357 t: +65 6327 4606 m: [email protected] w: www.m3marine.com.sg All rights reserved. M3 MARINE GROUP PTE LTD ADDRESS 1 Commonwealth Lane, #06-21, ONE Commonwealth, Singapore 149544 T +65 6327 4606 M [email protected] W www.m3marine.com.sg All rights reserved.
GROUP CAPABILITY STATEMENT
Professionals who add Technical & Commercial Competence to your Offshore Marine vessel needs
M3 MARINE GROUP PTE LTD ADDRESS 1 Commonwealth Lane, #06-21, ONE Commonwealth, Singapore 149544 T +65 6327 4606 M [email protected] W www.m3marine.com.sg All rights reserved.
M3 MARINE GROUP
M3 Marine Expertise Pte Ltd 15 Jalan Kilang Barat #06-03 Frontech Centre Singapore 159357 t: +65 6327 4606 m: [email protected] w: www.m3marine.com.sg All rights reserved. M3 MARINE GROUP PTE LTD ADDRESS 1 Commonwealth Lane, #06-21, ONE Commonwealth, Singapore 149544 T +65 6327 4606 M [email protected] W www.m3marine.com.sg All rights reserved.
Professionals who add Technical & Commercial Competence to your Offshore Marine vessel needs
M3 Marine was established in 2005 by Capt. Mike Meade
We pride ourselves as one of Asia’s largest independent offshore
ship broking and marine consultancy groups – possessing the
necessary qualities and capabilities to meet the growing local and
international demand for specialized offshore marine services
2005 2006 2007 2008 2009 2010 2011 2012
Established M3OB M3ME Singapore SME 1000
Singapore SME 1000 ISO 9001:2008 OCIMF OVID
Exciting times ahead!
M3 Marine (Offshore Brokers) was incorporated in 2008
M3 Marine Expertise was incorporated in 2010
M3 Marine Group achieved Singapore SME 1000 status in 2011
M3 Marine Group were again awarded Singapore SME 1000 status in 2012
Latest Developments:
M3 Marine Group are ISO 9001:2008 accredited
M3 Marine Group are OCIMF OVID accredited
ABOUT M3 MARINE GROUP OF COMPANIES
M3 Marine Group, one of Asia’s largest independent and leading offshore ship brokerage and marine consultancy groups, have, despite the tough market conditions in 2011, ended the year on a high note. Riding on the back of having a clear understanding of the standards required by the end user and employing top quality professionals with high level operational experience, we have built ourselves a solid reputation known for our prompt, quality and ‘added value’ service which differentiates us from our peers.
As featured in Singapore’s Business Times SME
Magazine. Q1 2012
M3 Marine Group Company Overview
M3 Marine Expertise Pte Ltd 15 Jalan Kilang Barat #06-03 Frontech Centre Singapore 159357 t: +65 6327 4606 m: [email protected] w: www.m3marine.com.sg All rights reserved. M3 MARINE GROUP PTE LTD ADDRESS 1 Commonwealth Lane, #06-21, ONE Commonwealth, Singapore 149544 T +65 6327 4606 M [email protected] W www.m3marine.com.sg All rights reserved.
Professionals who add Technical & Commercial Competence to your Offshore Marine vessel needs
M3 Marine Group
M3 Marine Offshore Brokers M3 Marine Expertise
Provides technical & commercial / corporate
consultancy services
Provides offshore ship broking services (time & bareboat charters,
sales & purchase, new building)
M3 MARINE GROUP CORPORATE STRUCTURE
The M3 Marine Group provides offshore ship broking and a comprehensive range of technical and commercial consultancy services tailored to meet the needs of the Offshore Marine, Oil & Gas Industry. With extensive, real and valuable, multi-faceted, industry experience and ‘up to the minute’ expert offshore knowledge, M3 Marine “adds value” where it matters. The Group has a team of dedicated brokers who each hold ‘real’ industry background and a team of experienced technical / marine consultants and marine engineers, experts in their respective fields. It is further underpinned by a network of associates and contacts and a non-exclusive pool of mariners, chief engineers, offshore engineers and industry professionals.
M3 Marine Group Company Overview
M3 Marine Expertise Pte Ltd 15 Jalan Kilang Barat #06-03 Frontech Centre Singapore 159357 t: +65 6327 4606 m: [email protected] w: www.m3marine.com.sg All rights reserved. M3 MARINE GROUP PTE LTD ADDRESS 1 Commonwealth Lane, #06-21, ONE Commonwealth, Singapore 149544 T +65 6327 4606 M [email protected] W www.m3marine.com.sg All rights reserved.
Professionals who add Technical & Commercial Competence to your Offshore Marine vessel needs
PROFESSIONAL AFFILIATIONS M3 MARINE GROUP’S PRESENCE IN INTERNATIONAL PUBLICATIONS
M3 Marine Group Company Overview
The Group’s founder and CEO, Captain Mike Meade (MNI), is a trusted and respected contributor to the commercial needs of the offshore marine industry, with a slant towards the subsea network, both locally and globally and is Asia Pacific’s Representation on the IMCA Marine Division Management Committee. Mike previously held senior positions within the Swire Group and Seacor Marine Int. and has over 30 yrs of valuable commercial and operational experience.
M3 Marine Expertise Pte Ltd 15 Jalan Kilang Barat #06-03 Frontech Centre Singapore 159357 t: +65 6327 4606 m: [email protected] w: www.m3marine.com.sg All rights reserved. M3 MARINE GROUP PTE LTD ADDRESS 1 Commonwealth Lane, #06-21, ONE Commonwealth, Singapore 149544 T +65 6327 4606 M [email protected] W www.m3marine.com.sg All rights reserved.
Professionals who add Technical & Commercial Competence to your Offshore Marine vessel needs
M3 Marine Offshore Brokers (M3OB) are one of Asia’s largest independent offshore ship brokerage houses, incorporated in 2008 as a subsidiary company of the M3 Marine Group, situated in the ‘hub’ of marine activity and... sourcing a comprehensive spread of offshore support vessels to meet your chartering and /or purchasing
requirements facilitating and ‘adding value’ to your prospective transactions providing assistance in contract drafting translating into both time and cost savings ‘staying with you’ throughout the duration of the charter / sale / purchase / newbuilding process and maintain our
commitment to facilitating the relationship between the parties and our client’s objectives using BIMCO's IDEA, an internet-based charter party editing system, which protects the underlying text of edited
documents so that both parties will always know exactly what amendments have been made to the standard wording; playing a proactive role in ensuring ‘FAIR’ (IMCA) contracting principles are adhered to having direct access to a vast network of offshore vessel owners, operators, financial institutions, shipyards, keen
buyers and sellers offering REALISTIC RATE GUIDANCE having an excellent track record of satisfied clients and, as such, benefitting from a loyal customer base
Our brokers are constantly interfacing with the market and gathering invaluable ‘market intelligence’ in this process. Our data are live, updated daily to bring across first hand information to our clients and potential clients.
M3 Marine Offshore Brokers Introduction
M3 Marine Expertise Pte Ltd 15 Jalan Kilang Barat #06-03 Frontech Centre Singapore 159357 t: +65 6327 4606 m: [email protected] w: www.m3marine.com.sg All rights reserved. M3 MARINE GROUP PTE LTD ADDRESS 1 Commonwealth Lane, #06-21, ONE Commonwealth, Singapore 149544 T +65 6327 4606 M [email protected] W www.m3marine.com.sg All rights reserved.
Professionals who add Technical & Commercial Competence to your Offshore Marine vessel needs
M3 Marine Offshore Brokers Services Overview
M3 Marine Offshore Brokers (M3OB) possess the commercial and technical knowledge and attributes to offer our valued
Clients a spread of brokerage services for Newbuilding, Sales & Purchase and Chartering.
This page provides an overview of the Services offered by M3OB:
CHARTERING (TIME & BAREBOAT)
M3OB is well-versed in all manner of time, bareboat & towage contracts
Types of vessels M3OB brokers: AHT / AHTS / PSV DSV / ROVSV Barges Crew Boats / Fast Supply Boats Tugs (Harbour & Ocean going) Compact Semi Submersible Construction Support Vessels Landing craft (LCT) Safety Standby Vessels Heavy Lift Vessels Jackup Barges / Liftboats Survey / Utility Vessels Workboats / Workbarges
NEWBUILDING
M3OB is actively involved in the entire newbuilding process – from the conceptualization of the vessel through to its delivery
This process includes: vessel design vessel specification pre-qualification of shipyard bidding shipyard selection contract negotiation commercial closing vessel delivery
SALE & PURCHASE
M3OB forges strong business relations with offshore vessel owners, financial institutions & numerous shipyards, thus we are always in the ‘loop’ of keen buyers & sellers
We are well-versed with the market conditions and dynamics of the S&P sector to match the right vessel to suit the job for the buyer without compromising the quality of the vessel being brokered
Aslinda Wati has over 10 years experience in the offshore marine industry. Linda’s motivation and positive, pro-active mindset with a keen eye for detail and a desire to learn, saw her progress rapidly into management positions in procurement and administration, including extensive marketing and commercial experience whilst at Seacor Marine and Hallin Marine. Linda has gained invaluable experience in tendering processes, encompassing commercial, technical HSE and ISO standards, and being a solid all-rounder, she brings a strong skill set to the M3 Marine brokerage team.
Aslinda Wati, Broker of M3 Marine Offshore Brokers
Sophia Low (BEng), graduated from Nanyang Technological University in 2006 with a Bachelor in Materials Engineering. Being a dedicated and energetic individual, she first joined the oil & gas industry as a drilling engineer. Sophia has worked on offshore jack-ups to provide technical support to the drilling team and offshore based as a well design engineer. She joined M3 Marine as an offshore shipbroker armed with an in depth knowledge of the upstream industry and understands the demands of the drilling fraternity. Her skills compliment the team dynamic for M3 Marine and she is determined to provide value-added ship broking services to M3 Marine client’s.
Sophia Low, Lead Chartering Broker of M3 Marine Offshore Brokers
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M3 Marine Offshore Brokers Our Team
Professionals who add Technical & Commercial Competence to your Offshore Marine vessel needs
You Ru Tan (BEng), graduated with a Bachelors Degree in Civil Engineering from NTU. Prior to joining M3 Marine, You Ru worked for Saipem’s Commercial Department and gained extensive experience in compiling information for bid prequalification and assisting in bid preparation against complex offshore pipelay and construction projects. As Commercial Executive on the M3 Marine Brokers’ Team, You Ru assists in administrative and documentation works and liaises directly with M3 Marine’s extensive owner client base to maintain the detailed Sales and Purchase and Charter Offshore Support Vessel Availability List.
You Ru Tan, Commercial Executive of M3 Marine Offshore
Brokers
Richard Meade (BSc) is a graduate of Bristol University, worked as a biochemist undertaking research at Bath University before joining M3 Marine to continue his professional development in the commercial field, focusing on the offshore marine, oil and gas industry. Richard has a colourful background having travelled extensively throughout. He has a sharp, logical and well organized mind, comprehensive IT skills, a Cambridge certificate in Arab Studies and is a conscientious communicator at all levels. He excelled in his laboratory work, employing the use of modern chemical and biological techniques to develop novel methods for the control of noxious species. He is an exciting new addition to M3 Marine and has the tenacity and focus to build on his understanding of the specialist offshore industry and bring his strengths and abilities to fruition.
Richard Meade, Broker of M3 Marine Offshore Brokers
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M3 Marine Offshore Brokers Our Team
Professionals who add Technical & Commercial Competence to your Offshore Marine vessel needs
Management Trainee, Kuet Shao Heng is currently pursuing a Diploma in Maritime Business at Singapore Polytechnic. Having interned on different maritime sectors in China and India, Shao has adapted well in different environments which is his added advantage in this age of globalization. After his internship at M3 Marine, Shao is now on board as Management Trainee and hopes to be exposed and offered many learning opportunities to further enrich his knowledge in the offshore sector.
Kuet Shao Heng, Management Trainee of M3 Marine Offshore Brokers
Broker, Charlie Tan (BBM), graduated from Singapore Management University in 2010 with a Bachelor in Business Management. Charlie was first exposed to the offshore industry through her targeted recruiting across the industry sectors for the Faststream Group. Charlie’s enthusiastic and positive approach lends herself to the challenges of her offshore brokerage desk. With a disarming nature and her ‘can do’ work ethic Charlie further boosts the capabilities of our young and focussed brokerage team.
Charlie Tan, Broker of M3 Marine Offshore Brokers
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M3 Marine Offshore Brokers Our Team
Professionals who add Technical & Commercial Competence to your Offshore Marine vessel needs
M3 Marine Expertise Pte Ltd 15 Jalan Kilang Barat #06-03 Frontech Centre Singapore 159357 t: +65 6327 4606 m: [email protected] w: www.m3marine.com.sg All rights reserved. M3 MARINE GROUP PTE LTD ADDRESS 1 Commonwealth Lane, #06-21, ONE Commonwealth, Singapore 149544 T +65 6327 4606 M [email protected] W www.m3marine.com.sg All rights reserved.
M3 Marine Expertise Introduction
Professionals who add Technical & Commercial Competence to your Offshore Marine vessel needs
Capt. Mike Meade, Group CEO
M3 Marine Expertise (M3ME), a subsidiary of M3 Marine Group, was newly incorporated in early 2010 to focus on providing first class technical, marine and commercial / corporate consultancy services which meet the needs of the Offshore Marine, Oil and Gas industry.
We are a young and dynamic company with an excellent track record of delivering high quality technical and
commercial analysis, assessments and reports and have earned ourselves a growing pool of satisfied and repeat customers.
We are supported by a team of dedicated in-house projects engineers, led by our esteemed Managing Director,
Joey Fisher, and further backed by a network of associates, contacts and a non-exclusive pool of mariners, chief engineers, offshore engineers and industry professionals.
Joey Fisher is a versatile and self motivated Class 1 Marine Engineer with a wealth of technical, operational and management experience in the Marine, Subsea and Offshore sectors, solution and results orientated with solid communication, report writing and organisational skills. With a keen eye for detail and a passion for doing things right the first time. Joey heads up our team of dedicated project engineers who are based in Singapore and provide a wide range of technical consultancy services.
Joey Fisher, Managing Director of M3ME (IEng IMarEng MIMarEST, Class 1 C/E)
“Our clients value our astute commercial and operational acumen, up to date market knowledge and other synergies that we draw upon within the Group network of in-house technical and brokerage services. Through sharing of resources, assets and abilities, we strengthen and bolster the quality, depth and breadth of our services and our reserve of expertise, providing the technical assurance, adaptability and flexibility, as is required by our clients, over the course of a project.”
M3 Marine Expertise Pte Ltd 15 Jalan Kilang Barat #06-03 Frontech Centre Singapore 159357 t: +65 6327 4606 m: [email protected] w: www.m3marine.com.sg All rights reserved. M3 MARINE GROUP PTE LTD ADDRESS 1 Commonwealth Lane, #06-21, ONE Commonwealth, Singapore 149544 T +65 6327 4606 M [email protected] W www.m3marine.com.sg All rights reserved.
Professionals who add Technical & Commercial Competence to your Offshore Marine vessel needs
M3 Marine Expertise Services Overview
M3 Marine Expertise (M3ME) possess the technical / marine and commercial capabilities and competencies to offer our
valued Clients a spread of technical and / or commercial Offshore Marine Oil and Gas related services.
This page provides an overview of the Technical / Marine Services offered by M3ME:
TECHNICAL / MARINE CONSULTANCY
FMEA / FMECA DP Vessels Verification & Annual DP Trials Diving Systems Cranes
NEWBUILDINGS / MAINTENANCE / CONVERSION Specifications Supervision Contracts / Specification review Dry-dockings / Special Surveys Diving System Integration
Consultancy Wind Farm Installation
Consultancy
AUDITS / INSPECTIONS OVID (OCIMF) CMID (IMCA) Diving Systems (D023/D024) ROV (IMCA) Condition Surveys Pre-purchase Inspections / Surveys On/Off Hire Inspections / Surveys Suitability Surveys MLC Audits / Gap Analysis
Intership - M3ME completed the conceptual design of the conversion of accommodation barge ‘Lancelot’ into a DPS-3 ABS Classed vessel
M3 Marine Expertise Pte Ltd 15 Jalan Kilang Barat #06-03 Frontech Centre Singapore 159357 t: +65 6327 4606 m: [email protected] w: www.m3marine.com.sg All rights reserved. M3 MARINE GROUP PTE LTD ADDRESS 1 Commonwealth Lane, #06-21, ONE Commonwealth, Singapore 149544 T +65 6327 4606 M [email protected] W www.m3marine.com.sg All rights reserved.
Professionals who add Technical & Commercial Competence to your Offshore Marine vessel needs
M3 Marine Expertise Services Overview
M3 Marine Expertise (M3ME) prides ourselves on adding value in all services provided to our clients and maintain quality
driven and consistently well managed deliverables throughout the life of a transaction, project or requirement.
Our strengths and diversity of services vest in other areas as follows:
EXPERT WITNESS Legal & insurance claims support
SPECIALIST RECRUITMENT
Placement for high level positions
EXPERT PLACEMENT Placement of Specialist Marine
Personnel i.e. Masters, DPOs, Chief Engineers etc.
ASSET VALUATION Valuation of Offshore Assets
(OSVs, DSVs, Barges, Tugs & Oil Rigs)
MARKET STUDY
Market Study / Research for Offshore Oil & Gas and OSV Markets
COMMERCIAL & CORPORATE
CONSULTANCY Merger & Acquisition,
Corporate / Commercial Due Diligence
COMMERCIAL CONSULTANCY EXPERT WITNESS / PLACEMENT MARINE CAPABILITY (EUROPE)
M3ME offers marine warranty services and related expertise through our European arm led by Capt. John Carroll: Shipping/Cargo Risk
Management Logistics Risk Management Marine Risk Manager Marine Warranty Surveys Salvage & Wreck
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M3 Marine Expertise Our Team
Professionals who add Technical & Commercial Competence to your Offshore Marine vessel needs
Joey Fisher (IEng IMarEng MIMarEST, First Class Chief Engineer) has over 14 years offshore marine engineering experience and is an accomplished surveyor, superintendent and project manager for offshore ship building and major repairs. Joey’s particular expertise lies in high-end Dynamically Positioned Offshore Support Vessels including Subsea Construction Vessels and Diving Support Vessels. He is also highly qualified to provide DP-related consultancy; advise on the integration of vessel machinery, equipment and specialist subsea systems such as built in Saturation Diving Systems and as an author and auditor of FMEA’s. Joey has the breadth and depth of experience to ensure consistent and quality driven deliverables and exacting standards. Joey Fisher leads the projects and is supported by M3ME’s team of Project Engineers as appropriate.
Joey Fisher, Managing Director of M3 Marine Expertise
Alex Brabin (First Class Chief Engineer) is a competent auditor, surveyor (CMID and OVID), superintendent and project manager for offshore ship building, conversion and major repairs of a variety of Offshore Support Vessels with extensive experience in managing and controlling the budgets of such projects. Alex also provides high quality consultancy in the areas of Dynamic Positioning Systems, Saturation Diving Systems and vessel propulsion, piping and electrical wiring systems.
Alex Brabin, Projects & Inspections Manager of M3 Marine Expertise
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M3 Marine Expertise Our Team
Professionals who add Technical & Commercial Competence to your Offshore Marine vessel needs
Angeline Chng (BSc) is a Honors graduate with a Bachelor’s Degree in Maritime Studies. She interned with M3 Marine in Mid 2008 as a Management Trainee, came onboard in Mid 2009 as a Commercial Executive and is now Commercial Manager of M3 Marine Expertise, overseeing all Commercial aspects of the consultancy business.
Angeline Chng, Commercial Manager of M3 Marine Expertise
Luke Rust is an experienced Marine Engineer and Project Manager with extensive experience in shipbuilding, conversion and major repairs across a variety of sea going vessels but with particular expertise in complex DP2 and DP3 Offshore Support Vessels. Luke provides high quality auditing and inspection consultancy across the wide array of vessel types including audit and verification of Dynamic Positioning and vessel propulsion systems.
Luke Rust, Projects Engineer of M3 Marine Expertise
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M3 Marine Expertise Our Team
Professionals who add Technical & Commercial Competence to your Offshore Marine vessel needs
Sandeep Kumar Banger (BEng EEE), Projects Engineer, has 10 years industry experience as a project engineer in the marine & offshore industry. Sandeep has extensive experience with the building of Dynamic Positioned vessels, Accommodation vessels, Jack-up & Semi-Sub Rigs, FPSO’s and Dredgers and also FMEA’s for DP vessels.
Sandeep Kumar Banger, Projects Engineer of M3 Marine Expertise
Capt. John Carroll, MNI, B.Sc. is based in the UK and brings another dimension to M3 Marine. He was a Master in the offshore industry on board AHTS and Salvage vessels. Since leaving the sea he has over twenty years experience in marine consulting and the marine insurance industry. His latest role, prior to working with M3, was as a marine loss control engineer/risk manager for a US international insurance company based in their London City office. John is capable of assisting in the following markets: salvage, wreck removal, condition surveys, risk assessment, risk management for project cargoes, marine representation and marine warranty surveys. He has the ability to be embedded within a client’s/main contractors office and offer value-added marine consultancy services to assist in the completion of marine projects.
Capt. John Carroll, European Representative / Marine Consultant of M3 Marine Expertise
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M3 Marine Expertise Our Team
Professionals who add Technical & Commercial Competence to your Offshore Marine vessel needs
Rachel Ong (BBus) is a graduate of the Singapore Institute of Management, with a Bachelor’s degree in Business (Marketing) under the Royal Melbourne Institute of Technology. She came onboard M3 Marine in 2013 as a Business Development and Marketing Executive, focusing on the marketing and continued development of the Group.
Rachel Ong, Business Development and Marketing Executive of M3 Marine Expertise
Sarasvini Chandrasekeran BSc (Eng) is a Honors graduate with a Bachelor’s Degree in Naval Architecture and holds a Diploma in Marine Engineering. Vini is experienced in the areas of procurement and project management for work barges; and is experienced in the drafting of offshore structural and mechanical drawings.
Sarasvini Chandrasekeran, Commercial Executive of M3 Marine Expertise
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M3 Marine Expertise Our Team
Professionals who add Technical & Commercial Competence to your Offshore Marine vessel needs
Loh Yee Won (BBus) is a graduate with a Bachelor’s Degree in Business, having majored in Maritime Logistics Management from the Australian Maritime College. Before furthering her studies in Australia, Yee Won held a Diploma in Marine Engineering from Singapore Polytechnic. As a Commercial Executive on the M3 Marine Expertise team, Yee Won’s role is to administer and document the various projects the company undertakes.
Loh Yee Won, Commercial Executive of M3 Marine Expertise
Management Trainee, Emilie Teo, is currently pursuing a Diploma in Maritime Business at the Singapore Polytechnic under an SMF scholarship, sponsored by M3. Upon completion of her Diploma, M3 will sponsor Emilie to undertake a Maritime Degree at Plymouth University (UK) under an SMF scholarship. Having interned at M3, she has learned the different facets of the offshore marine industry. After her internship, she is now on board at M3 Marine as Management Trainee. She hopes to get exposed to as much knowledge and experience that the offshore industry offers. She is an eager learner and possess positive attitude in her work.
Emilie Teo, Management Trainee of M3 Marine Expertise
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M3 Marine Expertise Our Team
Professionals who add Technical & Commercial Competence to your Offshore Marine vessel needs
Management Trainee, Irtiza Quader, is currently pursuing a Degree in Mechanical engineering with the National University of Singapore. He is currently in his second year and intends to specialize in Marine and Offshore Engineering from his 3rd year onwards. He is using this internship at M3 to gain exposure to the industry. Irtiza is a quick learner who is willing to put in the extra effort to gain from what this industry has to offer.
Irtiza Quader, Intern of M3 Marine Expertise
Lau Jun Wei, Intern of M3 Marine Group
Lau Jun Wei is currently pursuing a Diploma in Maritime Business at the Singapore Polytechnic. His role as an intern enables him to be able to learn beyond the confines of a classroom. He hopes to be exposed to many learning opportunities and to gain as much knowledge and experience as possible in the offshore industry.
M3 Marine Expertise Pte Ltd 15 Jalan Kilang Barat #06-03 Frontech Centre Singapore 159357 t: +65 6327 4606 m: [email protected] w: www.m3marine.com.sg All rights reserved. M3 MARINE GROUP PTE LTD ADDRESS 1 Commonwealth Lane, #06-21, ONE Commonwealth, Singapore 149544 T +65 6327 4606 M [email protected] W www.m3marine.com.sg All rights reserved.
Professionals who add Technical & Commercial Competence to your Offshore Marine vessel needs
Key Customers
We are the Experts. Ask us. 20
Client: Intership Ltd
Vessel: ‘Lancelot’, ABS Classed DPS-3 Accommodation
Work Barge
M3ME Key Deliverables:
Conceptual Design & Design Schematics,
Upgrade Specifications,
Onsite Project Management,
DP FMEA,
DP Master Placement,
Onsite Third Party Advisory on a quarterly basis
Period: Mid 2011 to Present (On-going)
Project Scope:
M3ME was engaged by Intership Ltd in 2011 to assist in the conceptual design
of the conversion of the accommodation barge ‘Lancelot’ into a DPS-3 ABS
Classed vessel. Our involvement quickly expanded to encompass provision of
upgrade specifications, design schematics, onsite project management
(throughout her conversion), DP FMEA report / trials, DP final acceptance
trials (in field, in Angola) and placement of a DP Master for her trials and
subsequent towage from Batam, Indonesia to Cape Town, South Africa where
she thereafter begins a three year charter with Total E&P Angola. M3ME is
also engaged, in the capacity of third party advisors, to attend the vessel on a
quarterly basis .
The completion of this project in its ‘entirety’ clearly demonstrates M3ME’s
commitment and ability to exercise good ‘follow through’ in the projects we
undertake, further building on M3 Marine’s solid reputation known for its
prompt, quality and ‘added value’ service which differentiates us from our
peers.
We have since been re-engaged by the same Client to offer an expanded
scope of service (as compared to aforementioned) for the DP-3 conversion of
another accommodation work barge, namely the ‘Camelot’.
ILLUSTRATION 1:
M3 Marine Expertise
Illustration of Technical Projects
We are the Experts. Ask us. 21
Client: Hallin Marine Subsea International Ltd
Vessels: ‘Ullswater’ 78m ABS 120pax DP2 Subsea Operations Vessel
‘Windermere’ 80m ABS 120pax DP2 Subsea Operations Vessel
‘Carlisle’ 76m ABS 126pax DP2 Subsea Operations Vessel
‘Kendal’ 65m ABS 60pax DP2 ROV Support Vessel
‘CSS Derwent’ 85m ABS DP3 Compact Semi-Submersible (CSS)
M3ME Key Deliverables:
IMCA CMID audits, IMCA D023 audits, IMCA D024 audits,
Saturation Diving System FMEA, DP Operations Manuals
OCIMF OVID Audit
Hyperbaric Rescue Facility Audit
Ship Energy Efficiency Management Plan (SEEMP)
Period: March 2012 to Present (On-going)
ILLUSTRATION 2:
M3 Marine Expertise
Illustration of Technical Projects
Project Scope:
M3ME was approached by Hallin Marine to undertake a series of IMCA
audits for its fleet of ABS Classed DPS-2 Subsea Operations Vessels
which included IMCA CMID audits for ‘Ullswater’, ‘Windermere’,
‘Kendal’ and ‘Carlisle’; IMCA D023 (Air Diving System) and IMCA D024
(Saturation Diving System) audits for ‘Ullswater’ and ‘Windermere’.
M3ME was also engaged by Hallin Marine to provide a comprehensive
FMEA for the Saturation Diving System onboard ‘Ullswater’ prior her
charter to an International Oil Major. In addition, we have also
completed an OCIMF OVID audit for ‘Wintermere, as well as a
Hyperbaric Rescue Facility Audit for the ‘HMAN 028’ and to also
produce DP Operations Manuals for both ‘Kendal’ and ‘CSS Derwent’.
Hallin has also approached M3ME to implement the Ship Energy
Efficiency Management Plan (SEEMP) onboard its fleet of vessels. It is
mandatory for all vessels above 400GT to have the SEEMP
implemented with effect from 1st January 2013.
The fact that Hallin Marine, a Superior Energy Services company, have
been a ‘multi-repeat’ customer illustrates the confidence Hallin Marine
has in M3ME and its team of Engineers to provide prompt, quality and
‘added value’ technical services for its fleet of SOVs and beyond.
We are the Experts. Ask us. 22
Client: Swire Pacific Offshore Operations Pte Ltd
Vessels: 8 x ‘D-Class’ AHTS Havyard 844 XL design, 92m ABS Class, DP2
‘L Class’ PSVs 4 x 5,000T dwt, DNV Class, DP2
‘Pacific Rigger’ 64.3m DNV Classed DP1 7,210 BHP AHTS
M3ME Key Deliverables:
DP FMEA Study, DP FMEA Proving Trials, Annual DP Trials,
DP System Audit
Main Switchboard Consultancy
Period: 2011 – 2014 (On-going)
Project Scope:
M3ME was initially asked to undertake the DP FMEA Study and DP
FMEA Proving Trials for 4 x D-Class Havyard 844 XL design 92m ABS
Classed DPS-2 Anchor Handling Tug Supply vessels. Our project scope
was subsequently increased to include another 4 x D-Class sisters,
totaling 8 x D-Class AHTS, as well as to conduct a Main Switchboard
Consultancy for these eight vessels. They are scheduled for delivery
between 2012 and 2014, and will adopt the latest Dynamic Positioning
technology and will carry SPS 2008 notation. More information on
these D-Class AHTS is available at Swire’s website.
Universal Shipbuilding Corporation in Japan has recently engaged
M3ME to conduct a Main Switchboard Consultancy and DP FMEA
Electrical Design Study for Swire’s ‘L Class’ PSVs. This encompasses the
reviewing of the main switchboard data to produce a ‘Functional
Requirements & Testing Document’ to be used by the client at the
forthcoming Main Switchboard FAT. The Offshore Ship Designers (OSD)
designed vessels will be built by Universal Shipbuilding Corporation and
will be delivered progressively from early 2014. The 5,000 DWT vessels
will be classed with DP2 capability and have diesel
electric propulsion systems.
ILLUSTRATION 3:
M3 Marine Expertise
Illustration of Technical Projects
Swire ‘D Class’ AHTS Swire ‘L Class’ PSV
In addition, M3ME was also engaged by Swire
Pacific Offshore to carry out a DP System Audit
for ‘Pacific Rigger’, a DNV Classed DP1 7,210
BHP AHTS and we also conducted IMCA CMID
audits and Annual DP Trials for other SPO
vessels.
We are the Experts. Ask us. 23
Client: PT Wintermar (Wintermar Offshore Marine Group)
Vessels: ‘W.M. Sulawesi’ 3684T dwt ABS Classed DP1 PSV
‘W.M. Makassar’ 3350T dwt Lloyd’s Register Classed DP2 PSV
‘W.M. Natuna’ 76.0m ABS Class DP2 MPSV
M3ME Key Deliverables:
DP FMEA Study, DP FMEA Proving Trials, Annual DP Trials
DP Upgrades,
DP FMECA,
DP Operations Manuals
Period: August 2012– 2013 (On-going)
Project Scope:
M3ME was engaged by PT Wintermar to undertake the scope of
the DP Upgrade of PSV ‘M.W Sulawesi’ from ABS Class DPS-1 to
ABS Class DPS-2. Our involvement has since evolved from a DP
upgrade to providing a comprehensive DP FMEA Study, DP FMEA
Proving Trials, Annual DP Ops Manual as well as a DP FMECA
which includes criticality analysis to the original DP FMEA scope of
work for the vessel.
M3ME was also subsequently engaged by PT Wintermar to
perform the DP FMECA for MW Makassar as well as the annual DP
Trials for MW Natuna.
ILLUSTRATION 4:
M3 Marine Expertise
Illustration of Technical Projects
We are the Experts. Ask us. 24
Client: Sembawang Shipyard Pte Ltd
Vessels: ‘DB-50’ DP Equipment Class 2 Heavy Lift,
Deepwater Lowering and Pipelay Barge
‘ARV3’ 180m BV Classed Accommodation &
Repair Vessel
M3ME Key Deliverables:
Management of Sea Trials
Period: April 2012 to Present (On-going)
Project Scope:
M3 Marine Expertise was requested by Sembawang Shipyard to act as
Trials Manager / Co‐ordinator for the complete sea trial and DP FMEA
Proving Trials of the recently modified McDermott’s DP Equipment
Class 2 Heavy Lift, Deepwater Lowering and Pipelay Barge, “Derrick
Barge 50”, hereafter referred to as ‘DB‐50’.
The trials for ‘DB-50’ were to be carried out following modifications to
the vessel that included the installation of new diesel generators,
power generation systems, thrusters and an integrated electrical and
control systems package including a new DP control system.
In addition, M3ME was also engaged by Sembawang to review the
FMEA and perform a similar scope of work for the ‘ARV3’, a 180m BV
Classed DP2 Accommodation & Repair Vessel. Sembawang has
secured a contract from Equinox Offshore Accommodation Limited
to convert the ropax vessel to a DP2 Accommodation and Repair
Vessel (ARV) and the vessel is due to commence sea trials during the
first quarter of 2013.
ILLUSTRATION 5:
M3 Marine Expertise
Illustration of Technical Projects
McDermott’s DB-50 Equinox’s ARV3
We are the Experts. Ask us. 25
Client: Newcruz Offshore Marine Pte Ltd
(a wholly-owned subsidiary of Swiber Holdings)
Vessels: ‘Swiwar Surya’ 70.0m ABS Classed DP2 10,800 BHP AHTS
‘Rawabi 9’ 70.0m ABS Classed DP2 10,800 BHP AHTS
‘Rawabi 10’ 70.0m ABS Classed DP2 10,800 BHP AHTS
‘Vallianz Hope’ 40.0m BV Classed 4,200 BHP AHT
‘Swiber Bhanwar’ 48.0m BV Classed 4,750 BHP AHT
M3ME Key Deliverables:
Annual DP / FMEA Trials, IMCA CMID Audits
Period: August 2012 to November 2012
Project Scope:
M3ME was engaged by Newcruz Offshore Marine to
undertake a series of annual DP / FMEA Trials for its fleet of
ABS Classed DP-2 AHTS. This is in line with the vessel
preparations of Swiber’s Middle East joint venture ‘Rawabi-
Swiber’ which was awarded a vessel charter contract from
Saudi Aramco for a committed period of 3 years and an
additional option period of 2 years.
M3ME was also engaged to carry out IMCA CMID audits for
Newcruz Offshore Marine’s AHTs – ‘Vallianz Hope’ and
‘Swiber Bhanwar’. These vessels will be deployed for ONGC
India’s EPIC pipeline projects.
ILLUSTRATION 6:
M3 Marine Expertise
Illustration of Technical Projects
We are the Experts. Ask us. 26
Client: Bourbon Offshore Ukraine
Vessels: The Bourbon Liberty 200 Series - 59.78m ABS Classed
DP2 AHTS:
‘Bourbon Liberty 217’
‘Bourbon Liberty 226’
‘Bourbon Liberty 232’
M3ME Key Deliverables:
Annual DP / FMEA Trials
Period: September 2012 to December 2012
Project Scope:
M3ME were engaged by Bourbon to undertake a series of annual
DP / FMEA Trials for ‘Bourbon Interoil’ (a Joint
Venture) for its fleet of ABS Classed DP-2 ‘Liberty 200
Series’ AHTS. These vessels are currently working in
Nigeria and ‘Bourbon Interoil’ has the largest oil and
gas marine services fleet in Nigeria, composed entirely
of locally-built and Nigerian-flagged ships.
ILLUSTRATION 7:
M3 Marine Expertise
Illustration of Technical Projects
Bourbon Liberty 200 Series AHTS -
Improved fuel efficiency, cargo
capacity & manoeuvring
capabilities
We are the Experts. Ask us. 27
Client: Hallin Marine Subsea International Ltd
Vessel: The Compact Semi-Submersible (CSS) concept & 85m ABS Class
DPS-3 ‘CSS Derwent’
M3 Key Deliverables:
Compact Semi-Submersible, Conceptualization, Newbuilding
DP Operations Manual
Ship Energy Efficiency Management Plan (SEEMP)
Period: Design stage involvement commenced in 2005, newbuild contract
commenced May 2010 and estimated delivery of CSS Derwent is
in 2013.
Project Scope:
The CSS vessel is a state of the art well intervention vessel – a
new vessel type for use in the subsea industry.
M3 Marine provided both the technical and operational expertise
required in the initial conceptualization and gradual development
of the CSS concept. M3 is also a part Owner in the design.
In addition, M3 Marine brokered the >USD 100 Million
newbuilding contract between Hallin Marine and the shipyard for
the building of ‘CSS Derwent’, a 84 m, twin-hulled, DP3 vessel
complete with a 200T MPT, a 150T AHC (both operational to
depths of 3000 m) and 2 deep water construction class ROVs.
Since the signing of the newbuilding contract, M3 Marine
continues to remain committed to providing technical,
operational and commercial consultancy services.
ILLUSTRATION 8:
M3 Marine Expertise
Illustration of Technical Projects
We are the Experts. Ask us. 28
Client: Marine Assets Corporation
Vessel: ‘CSS Accommodator’, 84m ABS Classed 500Pax DPS-3
Compact Semi-Submersible Accommodation Vessel
M3ME Key Deliverables:
Conceptual Design
Electrical Design Consultancy
DP FMEA Consultancy
DP Operations Manuals
On-going Technical Consultancy and Support
Period: December 2010 to Present (On-going)
ILLUSTRATION 9:
M3 Marine Expertise
Illustration of Technical Projects
Project Scope:
M3ME were first engaged in 2010 to undertake an
independent review of the proposed conceptual
design for the electrical installation of the ‘CSS
Olympia’ (in accordance with sound engineering
practices and applicable IMO, IMCA and Class rules,
standards and guidelines) and to also advise on
areas which should be improved.
Subsequent years were characterized by
continuous DP FMEA-related technical
consultancy and support to MAC and M3ME have
since been engaged to further undertake DP
FMEAs and DP Operations Manuals for five
additional CSSs – 4 x accommodation variants and
1 x maintenance variant.
The fact that MAC have engaged M3ME for DP
FMEAs and DP Operations Manuals for five
additional CSSs is testimony to the exceptional
quality of our in-house DP expertise and illustrates
the confidence MAC has in M3ME and our team of
Engineers to provide prompt, quality and ‘added
value’ technical services for its fleet of state-of-the-
art Compact Semi-Submersible vessels.
We are the Experts. Ask us. 29
ILLUSTRATION 10:
M3 Marine Expertise
Illustration of Technical Projects
Client: PaxOcean Engineering
Vessel: 122m, DNV Class, 720 Pax, DP3, Semi-Submersible
Accommodation Work Barge
M3ME Key Deliverables:
Preliminary Design Review and Conceptual Design Report
DP FMEA
DP Operations Manual
General Technical Consultancy
Period: On-going
Project Scope:
M3ME have been engaged by PaxOcean (subsidiary of POSH) to
undertake a Preliminary Design Review, produce Conceptual Design
Report, DP FMEA, DP Operations Manual and provide General
Technical Consultancy for the 720 Pax DP3 Semi-Submersible
Accommodation Work Barge.
We are the Experts. Ask us. 30
Client: Sealion Shipping Limited /
Integrated Subsea Services Asia Pacific Pte Ltd
Vessels: ‘Toisa Wave’ 87.4m, DNV Classed DP2 ROV Support and PSV
‘Toisa Paladin’ 104m DNV Classed DP2 IRM Saturation DSV
M3ME Key Deliverables:
DP FMEA / FMEA Proving Trials,
IMCA D024 Audits, Saturation Diving System FMEA
Period: 2011 / 2012
Project Scope:
M3ME were engaged by Sealion Shipping to conduct and
witness the Annual DP Trials for the ‘Toisa Paladin’ in
addition to having completed a comprehensive FMEA and
attended the FMEA Proving Trials for the ‘Toisa Wave’.
M3ME have also recently conducted the 5-yearly FMEA
trials onboard the Toisa Paladin.
M3ME was also approached by Integrated Subsea Services,
charterers of the Toisa Paladin, to undertake an IMCA D024
audit of the Saturation Diving System onboard the ‘Toisa
Paladin’.
ILLUSTRATION 11:
M3 Marine Expertise
Illustration of Technical Projects
Toisa Wave
We are the Experts. Ask us. 31
Clients: Bumi Armada Berhad Dof Subsea Australia Pty Ltd Vessels: Fleet of DP2 Accommodation Workboats and DP1/2 AHTS ‘Armada Hawk’ DP2, DNV Class, Oil Field Production
& Maintenance Support Vessel M3ME Key Deliverables: DP Operations Manuals, Condition Survey, Technical Consultancy incl. meeting attendances Period: August 2012 to Present (On-going)
ILLUSTRATION 12:
M3 Marine Expertise
Illustration of Technical Projects
Project Scope:
M3ME was engaged by Bumi Armada Berhad to write a
series of DP operations manuals for its fleet
of DP2 Accommodation Workboats and
DP1/2 AHTS.
In addition, DOF Subsea Australia has requested M3ME
to conduct a pre-charter condition survey,
including a marine audit, on board the
’Armada Hawk’ and to also provide technical
consultancy and attend meetings on behalf
of them.
Armada Hawk
Bumi’s Fleet of DP2 Accommodation
Workboats & DP1/2 AHTS
We are the Experts. Ask us. 32
Client: Mermaid Offshore Services Ltd
Vessel: ‘Mermaid Asiana’
90m DNV Classed 100Pax DP2 diesel-electric DSV
M3ME Key Deliverables:
FMECA Study, FMECA Proving Trials
Period: February 2012
Project Scope:
M3ME was engaged by Mermaid Offshore Services to complete an
FMECA Study / Report and FMECA Proving Trials for the Saturation
Diving System onboard the 90m DNV Classed DP2 diesel-electric Diving
Support Vessel in February 2012.
ILLUSTRATION 13:
M3 Marine Expertise
Illustration of Technical Projects
We are the Experts. Ask us. 33
Client: Seascape Surveys Pte Ltd
Vessel: ‘SS Barakuda’
39m DNV Classed Survey, ROV & Air Diving Support
M3ME Key Deliverables:
Project Management incl. onsite,
Dry Docking,
Shipyard,
Qualification,
Selection and Negotiation,
Budget Planning and Management,
On/Off-hire Consumables Survey
Period: February 2012 to August 2012
Project Scope:
M3ME was engaged as a third party Project Manager to review the
‘SS Barakuda’’s 30 year renewal survey needs and dry docking
schedule which encompasses advice on the scope of work required;
assisting with specifications production; shipyard qualification,
selection and commercial and technical negotiation; budget planning
and management; and onsite Project Management to oversee the dry
docking process.
In addition, M3ME also attended to ‘SS Barakuda’’s on-hire and off-
hire consumables survey.
ILLUSTRATION 14:
M3 Marine Expertise
Illustration of Technical Projects
We are the Experts. Ask us. 34
Client: BP Exploration (Caspian Sea) Limited
Project: Provision of Marine Consultancy Services for a fleet of
Offshore Support Vessels
M3ME Key Deliverables:
Inspections, Ensuring Vessels are built to Specifications,
Class and Flag requirements
Period: May 2009 to August 2012
Project Scope:
M3ME’s involvement included attending to vessels under
construction; undertaking detailed inspections of the vessels and
providing photographic records; participating in meetings with the
yard, Owner and client representatives and people in charge of
vessel construction; working with client and / or owners to rectify
areas of technical conflict; ensuring that ships are being built to
specifications and are in compliance with Flag and Class rules and
that materials used are fit for purpose; and finally, M3ME also
worked to ensure that vessels are not only built to industry
standards and best practices but are also in line with Client’s
‘Golden Rules’ of safety so as to maintain a safe working
environment.
ILLUSTRATION 15:
M3 Marine Expertise
Illustration of Technical Projects
We are the Experts. Ask us. 35
Client: Maritime New Zealand
Offshore Installations:
FPSO Umuroa, FPSO Pohokura, FPSO Raroa, Production
Platform Maui A, Production Platform Maui B, Maari Wellhead
Platform
M3ME Key Deliverables:
Marine Production Audits of Offshore Installations
Expert Opinion on Incident Reports
Period: September 2011 to January 2012
Project Scope:
M3ME was contracted by Maritime New Zealand to conduct a
series of Marine Protection Audits of several offshore
installations in accordance with applicable legal and industry
standards applicable to offshore installations operating in New
Zealand waters as set out in their Maritime Protection Rules
Part 200 and its implemented Amendments. M3ME was
further requested to provide Expert Opinion on various
Incident Reports.
ILLUSTRATION 16:
M3 Marine Expertise
Illustration of Technical Projects
We are the Experts. Ask us. 36
Client: Jurong Port Pte Ltd
Project: Offshore Marine Centre (OMC), Singapore
M3ME Key Deliverables:
Operational and Business Consultancy
Period: March 2011 to July 2011 (Completed)
Project Scope:
M3ME was engaged as Offshore Marine Consultants to provide Jurong Port
with a macro view of the operational environment of the proposed supply base
in order to assist them in their bid into becoming the operators of the JTC
Corporation (JTC) owned Offshore Marine Centre (OMC) at Tuas View.
Our scope of work included the identification of marine users that the OMC
facility will attract; high level overview of the current oil and gas market as it
pertains to the key users; identification of likely cargo / equipment including
their physical characteristics, critical nature, value and possible storage areas;
identifying cargo handling needs; forecasting wharf usage and land use
intensity; assessing overall operational efficiency and OMC-associated safety
considerations and risk management needs. M3ME further assisted with
formulating business assumptions for the OMC model; estimating vessel calls /
throughput over the wharf; investigating dockage / wharfage rates; and editing
and structuring of the Client’s tender submission document.
ILLUSTRATION 17:
M3 Marine Expertise
Illustration of Technical Projects
We are the Experts. Ask us. 37
Client: Jurong Consultants Pte Ltd
Project: ‘Feasibility Study for Land Intensification’ for Singapore’s
Offshore and Marine Cluster
M3ME Key Deliverables:
Technical and Commercial Consultancy
Period: September 2010 to August 2011 (Completed)
Project Scope:
M3ME was engaged as Offshore Marine Consultants to
assist in the ‘Feasibility Study for Land Intensification’. Our
scope cover the study to enable Jurong Consultants to
establish the viability of intensifying land usage and
creating innovative solutions for Singapore’s Offshore and
Marine Cluster.
M3ME’s involvement included reviewing and expanding
the ‘Value Chain’ as it applies to the oil and gas industry;
providing technical and commercial advice on oil and gas
activities, current business developments, global
indicators, current and prospective market trends,
logistical needs, typical segmentation of land use and key
operators and service providers; facilitating face-face
interviews with a select list of operators and service
providers; evaluating and interpreting data collected post
interviews; providing recommendations and finally,
presenting the findings.
ILLUSTRATION 18:
M3 Marine Expertise
Illustration of Technical Projects
We are the Experts. Ask us. 38
M3ME undertakes IMCA CMID audits, OCIMF OVID
audits, Pre-Purchase Condition surveys, On-hire and
Off-hire surveys for owners, keen buyers and sellers
and other interested parties.
M3ME Key Deliverables:
IMCA CMID Audits,
OCIMF OVID Audits,
Pre-Purchase Condition Surveys,
On-hire and Off-hire Surveys
M3ME’s Clients:
ILLUSTRATION 19:
M3 Marine Expertise
Illustration of Technical Projects
Swire Pacific Offshore Bluestone Intership Miclyn Express Offshore AME GC Rieber Bibby Offshore EMAS Offshore Marine P&O Maritime MAC Hallin POSH Semco
MOS Seascape Surveys GAC Hoe Leong NIWA DOF Subsea Hydrodive Greatship McDermott Swiber Fugro Ensco
OVID – Fugro Solstice
OVID – Greatship Maya
CMID – Posh Courage
CMID - Windermere
Towage Approval Suitability Survey –
Executive Honour
On-Hire Condition Survey – Go Canopus
We are the Experts. Ask us. 39
M3ME undertakes FMEA work including FMEA Production, FMEA Review, FMEA Assistance, Annual DP Trials and audits for various Offshore
Support Vessels, Dynamic Positioning Systems and both Saturation and Air Diving Systems.
M3ME Key Deliverables:
FMEA for Offshore Support Vessels & Dynamic Positioning Systems
FMEA for Diving Systems & Audits (IMCA D-023 / D-024)
M3ME’s Clients:
GC Rieber – (for BHP Billiton)
Marine Assets Corporation (MAC) Hallin Marine Swire Pacific Offshore – (for Shell) Intership – (for Total / Chevron) Miclyn Express Offshore – AME / Seascape – (for Conoco Philips) Greatship Global Offshore Services – (for Total / Chevron) AME – Premier Oil Mermaid Marine Australia – (for Woodside / Chevron) ASL Shipyard Keppel Singmarine – (for Saipem) Wintermar POSH Swiber – (for Saudi Aramco) Bourbon – (for Saipem) Sealion Shipping (Toisa)
ILLUSTRATION 20:
M3 Marine Expertise
Illustration of Technical Projects
FMEA (Redundancy Review for Seismic Ops) – Geo Atlantic
3rd Party Auditor for Client’s Commissioning Traceability Program – Saipem CastorOne
We are the Experts. Ask us. 40
Client: P&O Maritime Services Pty Ltd
Project: Project Dolphin
The code name for a Merger & Acquisition
project between two major players in the
maritime industry. The project was worth
approximately SGD 1.4 Billion.
M3 Key Deliverables:
Strategic, Operational, Technical and
Commercial advice
Period: January 2008 to September 2008
Project Scope:
Provision of strategic, operational, technical and commercial advice
including but not limited to:
Potential exit / sale strategies (in part or total)
A high level review of the OSV market and an analysis of industry
dynamics
Attractiveness of the OSV market, including barriers to entry and key
success factors
Potential acquisition and other expansion strategies
A review and assessment of the Client’s operations and business
including, inter alia:
Fleet quality vis-à-vis other competitors
Quality of management
Fleet replacement and capital expenditure
Quality of operations
Newbuild strategy
Quality of customers and contracts
An overview of strengths and weaknesses compared to competitors
Information on current average charter rates & utilization rates in the
South East Asian and Middle East Regions, as well as a description of the
historical movements
Commentary on future trends and market potential for the OSV market
Supply of OSVs supplier details and availability
Coordinate, engage and manage approved sub-contractors and
consultants for the purpose of undertaking technical and operational due
diligence (including physical inspection and survey of vessels and yard,
shore management and workshop facilities).
ILLUSTRATION 1:
M3 Marine Expertise
Illustration of Commercial Projects
We are the Experts. Ask us. 41
Client: Champ III Management Pty Ltd
Project: Project Marlin
The code name for a Commercial Due Diligence
project for a potential acquisition of an OSV
player in the maritime industry . The project was
worth approximately A$199 Million ($207.33M).
M3 Key Deliverables:
Strategic, Operational and Commercial advice
Period: August 2012 to October2012
Project Scope:
Provision of strategic, operational and commercial advice including but
not limited to:
Building of Model Assumptions Book which covers the financial model
assumptions and scenarios
Provide a high level summary of the level and nature of competition
that Marlin faces in each of its markets
Provide a detailed assessment of who Marlin’s key competitors are in
the OSV and crew boat segments and assess Marlin’s market position, its
market share and the level of fragmentation in OSV and crew boat
markets in each region
Provide a high level summary and assessment of the fleet strategy that
Marlin is pursuing and compare/contrast with the strategies being
pursued by major offshore support services companies
An assessment of Marlin’s operational practices including internal
processes, management systems and risk mitigation practices
Provide a high level overview of Marlin’s processes and strategies to
win new major customers
An overview of asset valuation and asset quality
An overview of how Marlin decides what types of vessels to build in its
shipyard and the typical approach to chartering vessels the company is
building itself
ILLUSTRATION 2:
M3 Marine Expertise
Illustration of Commercial Projects
We are the Experts. Ask us. 42
Client: SSA Ilmu Ltd
Project: Project Swordfish
The code name for a Commercial Due
Diligence project for a potential acquisition
of an OSV player in the maritime industry,
with a focus in the Indonesian market
M3 Key Deliverables:
Strategic, Operational and Commercial
consultancy
Period: July 2012 to September 2012
Project Scope:
Provision of strategic, operational and commercial advice including but
not limited to:
A high level review of the OSV market and an analysis of industry
dynamics (with special emphasis on the Indonesian OSV sector)
Potential exit / sale strategies (in part or total)
Attractiveness of the OSV market, including barriers to entry
(analysis on the implementation effect of the Indonesian Cabotage
law) and key success factors
Potential acquisition and other expansion strategies
A review and assessment of the Client’s operations and business
including, inter alia:
Fleet quality vis-à-vis other competitors
Quality of management
Fleet replacement and capital expenditure
Quality of operations
Newbuild strategy
Quality of customers and contracts
An overview of strengths and weaknesses compared to competitors
Information on current average charter rates & utilization rates in
the South East Asian and Middle East Regions, as well as a
description of the historical movements
Commentary on future trends and market potential for the OSV
market
Supply of OSVs supplier details and availability
Review of current vessel valuation showing a comparison of existing
valuations provided by the Client vis-à-vis M3ME’s valuation
ILLUSTRATION 3:
M3 Marine Expertise
Illustration of Commercial Projects
We are the Experts. Ask us. 43
M3ME Key Deliverables:
Asset (rigs / OSVs) Valuations
Clients:
ILLUSTRATION 4:
M3 Marine Expertise
Illustration of Commercial Projects
ANZ Bank BNP Paribas NAB GE Capital Standard Chartered
Bank NIBC Bank United Overseas Bank ICON Capital Goldman Sachs Citibank CLSA DVB DNB NOR Macquarie Bank LS Finans RS Platou Finans Unicredit Pareto Projects Subsea 7 Fast Offshore Supply Millennium Offshore
Services Sea Trucks Group Stanford Marine
Mermaid Marine Australia Atlantic Maritime Group Newcruz Offshore Marine Leighton International SB Submarine Systems Crest Subsea International Hallin Marine Swiber Holdings Cal Dive International Bumi Armada Berhad Vroon Offshore Services P&O Maritime NorCE Offshore Mermaid Offshore Services Mohammad Al Mojil Group GO Offshore Seacor Marine Marine Asset Corporation Global Marine Systems IES Energy Marine HARPS Holdings Jaya Holdings SeaSafe RK Offshore HydroDive
Project Scope:
M3ME undertakes and delivers quality and reliable asset valuations
(vessels / rigs), including without limitation, overviews on key
considerations in assessment of value, detailed reviews of technical
specifications of offshore marine assets, detailed reviews of newbuild
contract documentation, construction and associated costs for valuation
purposes, indicative current valuation ranges and historic, current and
future charter rate expectation for assets to owners, keen buyers and
sellers, financial institutions, banks and other interested parties.
We also participate in joint-valuations on larger projects, have advised on
numerous M&A deals and, over the years, have co-operated with several
esteemed yet typically non-offshore ship broking companies by
undertaking on their behalf vessel valuations for offshore assets.
Vessels valued range from the most complex DP MPSVs, Jack up / Derrick
Lay / Pipe Lay / Accommodation Work Barges (and their sophisticated
equipment onboard) to smaller Anchor Handlers and simple tugs and
barges.
We are the Experts. Ask us. 44
Clients: One World Maritime
Boston Consulting Group
Gerson Lehrman Group Research
Standard Chartered Bank
Projects: Project Venice and various
M3ME Key Deliverables:
Market Study / Market Research
Project Scope:
M3ME undertake and deliver quality, reliable and ‘customized’ commercial
reporting and research on various aspects of the OSV market, including:
Demand & Supply Factors (macro fundamentals, global event indicators,
upstream costs, credit markets etc)
OSV Charter (Time / Bareboat) Rates
OSV Utilization Rates
OSV Sale and Purchase values
Offshore Key Players (local and international / global players) and their
latest activities
Offshore Ship building yards
Latest developments / trends in the OSV industry (e.g. move towards
deeper water drilling)
Attractiveness of the OSV market, including barriers to entry and key
success factors
OSV Types / Markets:
Tugs, Barges, AHTs, AHTSs, PSVs, DSVs, Pipe lay /Cable lay
Barges, Accommodation Work Barges, Crew / Utility Boats etc
ILLUSTRATION 5:
M3 Marine Expertise
Illustration of Commercial Projects
We are the Experts. Ask us. 45
M3ME Key Deliverables: Expert Witness
Projects / Vessels: Various
Clients:
Project Scope:
M3ME undertakes Expert Witness work in support of legal and
insurance claims for owners, law firms and insurance claims
companies.
Nature of dispute includes charter party disputes (bareboat,
voyage), time charter rates, salvage, newbuilding and related
contractual disputes and telecoms / subsea cable damages.
ILLUSTRATION 6:
M3 Marine Expertise
Illustration of Commercial Projects
Asia Legal Thomas Cooper Hill Dickinson RSA Group Caitlin Gurbani & Co
The Britannia Steam Ship Insurance Association
Haridass Ho and Partners Mermaid Marine Australia Wikborg Rein Ince & Co
We are the Experts. Ask us. 46
M3ME Key Deliverables:
Specialist Recruitment & Expert Placement
Projects / Vessels: Various
Clients:
Project Scope:
M3ME offers Specialist Recruitment services for high level positions including: CEO, COO, CFO, Commercial, Finance, Operations, Marine, Sales and Marketing, QHSE
Directors / Managers / Executives Marine Superintendents Technical Superintendents
In addition, M3ME’s Expert Placement services are backed by a team of
marine and engineering professionals, predominantly Class 1 Master
Mariners and Chief Engineers, who are highly trained in specialised
disciplines including dynamic positioning (DP) and dive support operations,
offshore construction and installation, HSE auditing and competence
assurance, emergency planning, Auditing, Tow Masters, Barge Masters and
Foreman and Warranty Surveyors. Our unique organizational structure
allows us to tap into our Expert network and arrange 'specialist placements'
within a short time-frame to meet Clients' operational needs.
ILLUSTRATION 7:
M3 Marine Expertise
Illustration of Commercial Projects
Posh Semco Mermaid Marine Posh Havila GAC Marine Hallin Intership Hill Dickinson
M3 Marine Expertise Pte Ltd 15 Jalan Kilang Barat #06-03 Frontech Centre Singapore 159357 t: +65 6327 4606 m: [email protected] w: www.m3marine.com.sg All rights reserved. M3 MARINE GROUP PTE LTD ADDRESS 1 Commonwealth Lane, #06-21, ONE Commonwealth, Singapore 149544 T +65 6327 4606 M [email protected] W www.m3marine.com.sg All rights reserved.
Professionals who add Technical & Commercial Competence to your Offshore Marine vessel needs
Enquiries
FOR MORE INFORMATION ON OUR SERVICE OFFERINGS:
M3 Marine (Offshore Brokers)
Email: [email protected]
Tel: +65 6327 4606 (24 Hrs)
Fax: +65 6221 4606
Contact Persons: Capt. Mike Meade, Director & Chief Executive Officer - [email protected]
M3 Marine Expertise
Email: [email protected]
Tel: +65 6327 4606 (24 Hrs)
Fax: +65 6221 4606
Contact Persons: Mr. Joey Fisher, Managing Director - [email protected]
Ms. Angeline Chng, Commercial Manager - [email protected]
M3 Marine Group website: www.m3marine.com.sg