Captain John Carroll

M3 Marine Expertise

PROJECT CARGO.

A PRO-ACTIVE APPROACH TO RISK MANAGEMENT

M3 Marine Expertise

We are the Experts. Ask us. 2

Soren Nielsen, Business Manager of M3 Marine Expertise

ABOUT M3 MARINE GROUP OF COMPANIES

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.

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

Company Overview

2014

2012

2011

2010

2008

M3 Marine (Offshore Brokers) was incorporated

M3 Marine Expertise was incorporated

Achieved Singapore SME 1000 status

Achieved Singapore SME 1000 status

ISO 9001:2008 OCIMF OVID

2005 M3 Marine was established

M3 Marine Expertise

We are the Experts. Ask us. 3

Soren Nielsen, Business Manager of M3 Marine Expertise

We are the Experts. Ask us. 3

M3 Marine Expertise (M3ME) possess the technical 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 Services offered by M3ME.

More information can be found in the subsequent pages.

Please contact M3ME for a copy of our Illustrative Projects Record.

Professionals who add Technical and Commercial Competence to your Offshore Marine vessel needs

Services Overview

DP VESSEL SERVICES AUDITS & INSPECTIONS EXPERT PLACEMENT

•DP, Diving Systems & Crane FMEA/FMECA

•DP FMEA Proving / Verification / Annual Trials

•DP Assurance / Suitability / Condition Surveys

•DP Gap Analysis, Incident Investigation, Operation

Manuals

•DP Project Management & Sea Trials Management

•Development of CAMO, ASOG & WSOG

•OVID (OCIMF)

•CMID (IMCA),

•ROV (IMCA), Diving

Systems (IMCA D023,

D024), Advice on Class

Requirements

•Condition Survey

•Pre-Purchase Inspection /

Survey

•On-Off Hire Inspection /

Survey

•Suitability Survey

•Placement of Specialist Marine

Personnel

Eg. Masters, DPOs, Chief

Engineers etc

COMMERCIAL CONSULTANCY NEWBUILDING / MAINTENANCE / CONVERSION RISK MANAGEMENT / MARINE WARRANTY

•Asset Valuation (OSVs, Tugs, Barges, Oil Rigs)

•Market Studies, Research for Offshore Oil & Gas and

OSV Markets

•Merger & Acquisition

•Expert Witness (Legal & Insurance Claims Support)

•Specifications

•Supervision

•Contract / Specification review & advice

•Dry-dockings / Special Survey

•Diving System Integration Consultancy

•Shipping / Cargo Risk

Management

•Logistics Risk Management

•Marine Risk Management

•Marine Warranty Surveys

•Salvage / Wreck /

Offshore Marine Operations

M3 Marine Expertise

We are the Experts. Ask us. 4

Soren Nielsen, Business Manager of M3 Marine Expertise

Marine Warranty & Risk Assessment

Capt. John Carroll, European

Representative / Marine Consultant of

M3 Marine Expertise

Area of Expertise:

Shipping / Cargo Risk Management Risk assessment of a project cargo and preferred warranty wording Kick off meeting orchestration Surveyor appointments Attendance in lieu of an appointed marine surveyor Port/Terminal risk assessments

Logistics Risk Management Risk assessment of the supply chain Risk assessment of a warehouse Discussions with assured re the storage and/or transit of cargo Surveyor appointments

Marine Risk Manager Marine Risk Manager for clients/main contractors/insurers Marine Risk Manager for a manufacturers’ organization

Marine Warranty Surveys Marine Warranty Surveys for the Offshore Industry

Salvage / Wreck / Offshore Marine Operations

Salvage attendance & reporting for all interests

Wreck removal attendance and reporting on behalf of a ship owner/P&I Club

M3 Marine 7

OUTLINE

M3 Marine - involved parties 8

• Who is involved

• A typical project - background

• Methods of risk management

• ‘Kick-off’ meeting

• Follow up from the ‘Kick-off’ meeting

• Ongoing role of the risk manager - success

• Common problems

• Claims

INVOLVED PARTIES

M3 Marine - typical project 9

• Client

• Broker and insurer/reinsurer

• Main contractor

• Construction sub-contractors

• Shipping line

• Transportation contractor

• Marine Warranty Surveyor (MWS)

• Freight forwarder

A TYPICAL PROJECT

M3 Marine - Baranquilla yard 10

• LNG terminal being built in a remote area

• Modules manufactured worldwide

• Shipped to a hub port and then by barge to final

site.

• Arrive on time and undamaged

• As low as reasonably practicable (ALARP)

M3 Marine 11

M3 Marine 14

M3 Marine 16

M3 Marine 17

M3 Marine 19

M3 Marine 22

M3 Marine 23

M3 Marine 24

M3 Marine - KO meeting 25

METHODS OF RISK MANAGEMENT

• Survey ‘cradle to grave’

• Review list of items and pick

• Pro-active approach

M3 Marine - success 26

KICK-OFF MEETING(Pro-active approach)

• Where and whom to attend

• Chair/Orchestrate

• Agenda

• Time taken

• Action points

• Risk Control Notification (RCN)

M3 Marine - common problems 27

SUCCESS(Pro-active approach)

• Clear and concise policy wording

• To include claims protocol

• Kick Off meeting

• Risk Control Notification

• Guidelines, checklists & method statements

• Surveyors adding value

• Surveyors instructions

• Close co-operation

• Good communication – all stakeholders

COMMON PROBLEMS

M3 Marine - claims 28

• *Inadequate pre-planning/procedure

• *Adverse weather

• *Lack of procedures

• *Lack of control by the client

• *Commercial bias for each company

• Warranty surveyors not present or ineffective

• Crews with minimal experience

• Lack of marine expertise during an operation

• Breakdown of hardware

CLAIMS

• Deck cargo

• Under deck cargo

• Lifting tackle

• Port movements

• Port to final destination

M3 Marine - acknowledgements 29

ACKNOWLEDGEMENTS

M3 Marine 30

• LOC

• Con-Mar International

• ALE

• INTERMARINE

CONTACT DETAILS FORCAPTAIN JOHN CARROLL

M3 Marine 31

• Tel: +44 (0)7557 372059

• E-mail: john.c@m3marine.com.sg

• Web: www.m3marine.com.sg