World News
Bureau Veritas' Marine Services Offerings "Reinforced" with TMC Marine Acquisition
Bureau Veritas S.A. (Bureau Veritas) Thursday announced that its acquisition of TMC Marine Ltd. (TMC Marine), an international consultancy that provides pre and post casualty advice and support to the marine industry, has "reinforced" Bureau Veritas' position in value-added marine services.
London-based TMC Marine is said to have offices in U.S., China, Singapore, and Australia, and provides services including marine claims and accident investigations, salvage and wreck removal consultancy, and marine expert witness services.
Further, TMC Marine is noted to have achieved revenues of €8.5 million ($9.7 million) in 2015.
"Our Marine & Offshore business, the historical activity of Bureau Veritas, is one of our eight key growth initiatives to 2020. As such, it is evolving rapidly. We are diversifying our service portfolio and developing our technological leadership in order to meet all our clients' expectations in risk management," said Didier Michaud-Daniel, CEO of Bureau Veritas.
"TMC is a recognised brand that enables the Group to enhance its offering to the marine insurance consultancy market, thereby expanding the services that we already provide in offshore to the maritime market."
In October, Bureau Veritas announced that it had published a new notation for liquefied natural gas (LNG) Bunkering tankers.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 510.00 | 2.50 | 611.00 | 4.00 |
| Rotterdam | 477.00 | 1.00 | 618.50 | 4.00 |
| Houston | 469.50 | 0.50 | 610.00 | 2.00 |
| Fujairah | 501.50 | 1.50 | 708.50 | 3.50 |
| Global 20 Ports Average | 532.00 | 2.00 | 711.50 | 0.00 |
| Global 4 Ports Average | 489.50 | 0.50 | 637.00 | 0.50 |
| Global Average Bunker Price | 571.00 | 1.00 | 759.00 | 0.50 |
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