LMA launches SOMWS

By Sonny Prior2018-09-11T14:40:00+01:00

Lloyds Market Association (LMA) plans to launch the Society of Offshore Marine Warranty Surveyors (SOMWS) on September 18.

This follows work by London’s Joint Rig Committee (JRC) to standardise insurers’ approach to the appointment of marine warranty surveyors (MWS), and to raise the profile of such surveyors in the wider upstream oil and gas industry.

The initial focus of SOMWS is on upstream construction projects, but it will expand to include the marine operations of mobile offshore drilling units, renewables, and project cargo.

The SOMWS board of directors comprises representatives from seven global MWS companies, and two insurance market representatives from the JRC.

Individual MWS practitioners will gain SOMWS certification by meeting the requirements of the non-profit organisation’s formal admission process.

www.lmalloyds.com

Topics

Article
Argentia’s growing role in global energy

2024-11-21T08:00:00Z By Gregory DL Morris and David Kershaw

From hosting North America’s first wind turbine marshalling yard to preparing for the tow-out of a colossal concrete gravity structure (CGS), the port of Argentia is rapidly transforming into a nexus for renewable energy projects and heavy lift operations. As demand for green hydrogen and sustainable fuels grows, Argentia’s developments signal a bright future for project cargo in Newfoundland and beyond.
Article
Downstream O&G sector on cusp of transformation

2024-11-18T10:08:00Z By Phil Hastings

In the words of a recent report published by the World Refining Association: “The downstream energy industry finds itself at the nexus of transformation, propelled by a mosaic of innovations, challenges and aspirations.” For heavy lift and project freight forwarding companies, one resulting challenge is to assess which sectors are likely to offer the best future business opportunities − and when.
Article
Project logisticians and carriers weigh in on the future of CCUS

2024-11-15T08:36:00Z By Joshua Allen, David Kershaw and Ian Putzger

The carbon capture, utilisation and storage (CCUS) sector is on the radar of many project logisticians and multipurpose carriers. This nascent market is facing headwinds, however, with many CCUS projects deemed too expensive to work on a commercial basis. Still, some firms are pressing ahead, despite technical and financial pressures.