Home' Ships and Shipping : March 2011 Contents NEW MATERIALS, EQUIPMENT, TECHNOLOGY and SERVICES
MAN PrimeSer v's "Engine Management Concept" makes breakthrough
Nakilat's wholly owned fleet of LNG
ships is now covered by MAN
PrimeServ, MAN Diesel & Turbo's
after-sales division, after an
"Engine Management Concept" (EMC)
maintenance agreement signed with
STASCO -- the shipping division of
Royal Dutch Shell -- which manages
the Nakilat ships.
The contract covers a period of ten
years and represents a breakthrough for
the Engine Management Concept in that
the contract covers an entire fleet.
The agreement covers maintenance
management/planning, assistance from
PrimeServ superintendent engineers
and fitters, as well as spare-parts for
25 LNG carriers (14 Q-Max and 11
Q-Flex). Each LNG carrier is equipped
with two MAN B&W 7S70ME-C or
6S70ME-C main-engines, and four
9L32/40 or 8L32/40 auxiliary engines, and
turbochargers. The engines power a new
fleet of LNG carriers delivered to Nakilat
between October 2008 and August 2010.
For the purposes of the EMC
agreement, the partners have entered an
agreement with the Nakilat -- Keppel
Offshore & Marine (N-KOM) yard for
some of the supporting services, such as
the supply of fitters and the handling of
specific overhaul tasks. N-KOM is situated
in Ras Laffan, Qatar's main site for LNG
production and one of the largest LNG
export facilities in the world.
The LNG fleet will call regularly to Ras
Laffan where MAN PrimeServ, in a joint
venture with Qatar Navigation, is
currently in the process of establishing a
6,000-square-metre service centre, headed
by Ole S. Jensen, that will serve EMC
vessels as well as other ships visiting
Qatar. The service centre is located close
to N-KOM and will specialise in fuel
equipment, turbochargers, governors and
all kind of overhauls as well as retrofits.
The Engine Management Concept is
less a contract and more a partnership
with much emphasis placed on building a
long-term relationship with customers.
Essentially, the EMC fixes customers'
maintenance costs at a set level, normally
a steady monthly outlay that facilitates
the advance setting of budgets with any
excessive maintenance costs covered by
MAN Diesel & Turbo.
The EMC enables customers to
outsource operation support, and the
maintenance and technical management
of diesel engines and turbochargers to
MAN Diesel & Turbo. Under such an
agreement, MAN Diesel & Turbo is
• maintenance planning and
management, the provision of
regular inspections, qualified labour,
the training of operational staff, all
spare-parts, and planned and
• fulfilling all contractual obligations for a
fixed monthly fee
• the nomination of a dedicated "Key
Account Manager" (Superintendent)
to coordinate the timely delivery,
fulfilment and communication of agreed
• the preparation and implementation of
the EMC agreement as an efficiently
• the coordination of all activities in
accordance with MAN Diesel & Turbo
procedures and safety standards.
Michael Petersen, Head of EMC
Copenhagen said: "The possibilities for
optimising an engine's life-cycle costs
today are many but require an increased
focus on operation profiles and, in
particular, maintenance over the
The optimisation of engine
maintenance can be executed in different
ways and considerable savings can be
made in extending times between
overhaul, depending on the chosen
Petersen added: "MAN PrimeServ has
introduced the Engine Management
Concept (EMC) with the primary
objective of optimising engine life-cycle
costs. The EMC replaces that part of a ship
owner's technical management related to
MAN Diesel & Turbo products with
PrimeServ operating in a close partnership
with the ship owner."
For further information contact:
MAN Diesel & Turbo, Germany.
SHIPS AND SHIPPING March 2011 29
The Shipowners' Club is currently in a
very strong financial position and had
hoped to be returned to an A rating by
S&P after its latest review.
Charles Hume, Chief Executive of
acknowledging S&P's rating methodology,
on this occasion we feel that the Club's
current performance warrants an A rating.
We believe that Shipowners' financial
performance and therefore its underlying
strength is superior to when it was last A
rated in 2008.
"Our underwriting has been in balance
for the last three years and is expected to
show a surplus for this year; despite a very
cautious and pessimistic approach to
claims estimating we are projecting an
improvement in our ultimate claims
position for the current year.
"Free reserves, reported in August
last year at US$159.2M, up from
US$135M at end- 2009 and US$96M at
end-2008, are at the highest level in the
Club's history. A significant reduction in
the percentage of equity content in the
Club's investment portfolio to 23
percent has reduced potential income
volatility," he said.
In explaining its rationale for the PI
(Public Information) rating, S&P does
acknowledge the Club's good competitive
position, good financial flexibility, good
free reserves, good operating performance,
strong liquidity and strong half-year
performance in 2010.
"We are glad that our Members and
their brokers understand the real value of
the Shipowners' Club. Shipowners
successfully manages a stable and growing
underwriting book, does not make
additional calls or release calls, and has no
intention of doing so. We set high service
standards and are focussed on fulfilling
our aim, to be the No. 1 liability insurer
for smaller vessel owners worldwide,"
For further information contact:
The Shipowners Club, UK.
At the signing of the EMC agreement at Nakilat's
office in Doha, Qatar: Muhammad Ghannam
(right) -- Managing Director of Nakilat, and
Michael Petersen -- Head of EMC Copenhagen
MAN Diesel & Turbo
The Shipowners' Club -- Standard & Poor's Rating
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