Seaspeed Marine Management LLC, UAE

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1 Transparency Expertise Commitment Seaspeed Marine Management LLC, UAE Company Profile Frost & Sullivan Transportation Practice March 12, 2010

2 Company Introduction Seaspeed Marine Management LLC was incepted in year 2007 in Sharjah UAE and is currently providing following services to Shipping and marine industry: Service Portfolio Vessel Chartering and Broking Marine Consultancy Services Sale and Purchase of Vessels Supply of Spares, Repairs and Services Vessel Technical Management Technical Support Services Crew Management Services Maritime Security Services Having a competent team with commercial vessel operations and technical expertise, we aim to provide world class services to our clients. We work on the main fleet and offshore projects involving use of Tankers, bulk carriers and specialized vessels such as DP1 / DP2 Anchor handlers, Accommodation vessels, Platform supply vessels (PSVs), Dive support vessels, Safety standby vessels etc. We have experience in chartering and operating such vessels and can offer vessel technical management services to our clients. (2) 2

3 Mission and Vision Statement Mission Statement: To work as a specialized shipping company, targeting to own and operate marine assets at strategic locations, and providing cost effective, safe and environmental friendly operations, valuing all our employees as the assets to the company. Vision Statement: To become a company of preferred choice while providing high quality and most cost effective services to all our shipping partners exercising complete transparency, high expertise level and fullest commitment as our priority. (3) 3

4 Key Personnel Chetan Parulekar, Chief Executive Officer: Chetan Parulekar has more than 25 years experience in the Marine and Offshore Industry, specializing in Offshore Business related to Rigs / MSVs / FFSVs / PSVs / AHTSVs / OSVs / Barges / Harbour Tugs world wide including India, along with Ship Agency, Ship Chartering and Container Operations. He last headed the Business Development, Marketing, Operations and Insurance departments at Great Offshore Limited as Sr. Vice President of the company. Capt Anil Agarwal, Commercial Operations Manager: We have a well experienced Master Mariner in charge of our ship operations and commercial management in the team. He is responsible for day to day running of our operations and has more than 15 years of work experience on ships as well as ashore. Equipped with a MBA, he supports operations and commercial activities of all company projects in Middle East region and Indian sub continent. Gyanesh Sontakke, Technical Head: Having spent about 27 years in main fleet and offshore industry, he heads the Technical Department, including Certification, ISM, Technical and Personnel Management, Pre Purchase audits for vessel acquisition, New Builds and PMS / Repairs / projects / conversions / Dry Docking of managed vessels / damage claims and assist in insurance claims and give consultancy to owners for damage and insurance claims for hull and machineries. He has hands on experience in managing complete technical aspects of offshore and main fleet vessels. Office In-charge along with support team: We have experienced team to supports our day to day operations. This team has vast offshore experience gained through various projects in middle east market. We also have team of consultants (Marine & technical superintendents and Naval architects) working with us on project basis. Our representative offices in Singapore and India are fully experienced for value addition support to our activities. (4) 4

5 Key Associates We have expanded our area of operations to attend to our customer needs and give them a quicker solution locally wherever is their vessel. We have tied up with various players covering Middle East, Indian subcontinent and African regions. The details are as follows: Association with a well placed ship chartering and brokering company in Singapore to cover Singapore, Malaysia, Indonesia, Brunei, Vietnam, Thailand and China. Through our partners in Singapore, we have access to existing as well as new tonnage, coming straight from ship yard. Association with a local Nigerian company to bid offshore vessels in that region covering Namibia and Angola. Association with an Indian offshore ship owner to commercially manage their fleet. Association with a Norwegian maritime software company to exclusively represent them in Middle east and Indian Sub-continent market. Association with one of the oldest marine engineering workshop of European standards established in UAE with manufacurers trained professionals in sales and serving of Marine Engines, Generators, Gear boxes, Turbo Chargers, CPP systems, Propellers and shafting works, Thruster etc. Our Marine and technical consultants are readily available to attend to customer requirements in various regions. (5) 5

6 Ship Chartering Services Vessel Chartering: We work very closely with owners and charterers, endeavoring to secure the optimal vessel to meet the charterers' requirements. The work scope includes spot, short term and long term charters as well as bareboat charters of all types of main fleet and offshore support vessels including tankers, bulk carriers, platform supply vessels, accommodation units, anchor handling, diving support vessels and OSVs. Sale and Purchase: One of our core activities is intermediating sale & purchase of vessels. We are able to develop sale prospects for second hand vessels of different age within all marine segments. We have built strong relationships with end users namely: ADOC NPCC Saipem ADNOC Saudi Aramco Qatar Gas Maersk Oil ONGC British gas Total Petronas ARGAS Petrobras Shell ADPC (6) 6

7 Technical Management Services We have dedicated team of experts with rich experience in main stream shipping and offshore marine field. The operations and technical team function out of our Sharjah office. Our team is equipped with right tools to monitor the vessels' condition and all aspects of their performance and operations in the following manner: Safe and efficient operations management A dedicated team ensures that we maintain a tight control over ship operations. Crew Management: Over and above our own crew pool, we also source competent officers and ratings from India, Philippines, Indonesia, UK and East European countries through our trusted and professional manning agents. Liaison with Owners and End Clients: We liaise with end clients on behalf of owners to ensure smooth operations within charter party terms and conditions. Value added services are also provided to end clients in consultation with owners on regular basis. Planned maintenance system: We are well versed with most of fleet management systems which are currently being used by ship owners. We are also able to provide our dedicated PMS to third party ships. Regular condition assessment: Through our regular inspections and reporting system Dry dock planning and supervision: A competitive technical team which has good relationships with all key shipyards, workshops and OEM suppliers in the region. Budget control: Through our Finance Management System in office, we ensure that the costs are within the allocated budgets. (7) 7

8 Technical Consultancy Services With good experience in managing new building projects as well as executing vessel dry-dock repairs along with special class surveys, our team provides specialist support services to ship owners / manager from the initial feasibility study through to complete execution of project. We also support owners in preparing the vessel s for charterer s vetting and third party inspections. Our well-structured methodology enables us to manage commercially critical projects without undue downtime / financial losses to our clients. New Building Projects: Ship Repairs and dry-dock Projects: New building supervision team of Project Manager, Welding & Painting Expert, Electrical Engineer etc. Reviewing builder s specifications and makers list Approving plans to verify compliance with rules, regulations, and shipbuilding contracts Analyzing proposed equipment in tune with vessel operating areas and other futuristic requirements. Supervising vessel construction as per schedule, adhering to strict quality control measures. Evaluating variation to specifications and plans together with site team and yard and negotiating cost changes, if any, as agreed with owners Dry dock repairs and maintenance/ service for vessels Strict supervision of on-going repairs and renewals Major conversion and retrofits to all type of offshore vessels Supply of spares Installation of FW makers and renewal of heat exchangers Port captaincy and Port engineer services Liaising with workshops and repair facilities on behalf of ship owners / managers (8) 8

9 Marine Consultancy Services We cater to the full gambit of marine surveys & audit segment and undertake a wide variety of consultancy, surveys, inspections and audits in the offshore shipping and main fleet domain. Inspections are carried out on behalf of shipping companies, cargo underwriters, third parties, etc. Our services include but are not limited to the below: Scope of Activities: Suitability Surveys for OSV and Crew Boats On/Off Hire Survey Pre-purchase Assessments Pre/Post Charter Assessments Condition Survey Marine Warranty Surveys RIG move and towage preparations Pre-vetting inspections Safety Audits and Survey Fleet management System (Implementation and support) Quality is the core value of our enterprise and we believe that CUSTOMER SATISFACTION is the key to our success and prosperity and consider this to be of utmost importance. (9) 9

10 Supply of Spares and Services Supply of Spares and Services: Seaspeed Marine Management LLC Sharjah, U.A.E. is one of the leading companies in the field of supply of Marine Stores and Spares in Middle East. We can provide all type of Marine Spares and Equipment for all commercial vessels with a reasonable prices, quick delivery and best freight. General Stores Supply: Apart from spare parts supply we can provide all type of ship requirement but not limited to below. Deck & Engine Stores Navigation equipment (Radar, VHF, Walkie-Talkies, EPIRB, SART, etc.) Life Saving Appliances Fire fighting Equipment Safety Signs/Tapes/Flags Nautical Publications, BA charts, ITU Publications Food provision Supply (10)

11 Supply of Spares and Services We have factory trained professionals in sales and servicing of:- Marine and Industrial Diesel Engines Transmission/Reduction Gears Diesel Generators CPP systems Propeller/shafting work Waterjet propulsion systems Deck Machinery Steering Machinery Turbochargers Controls Couplings Thrusters (11)

12 Maritime Security Services Maritime piracy is no strangers to the merchant ships. There have been many preventive measures taken over a period of time to reduce the threat of piracy. Providing security guards to the ships while passing through high risk areas is one of them. We have been involved in marine security business for last three years and have access to good quality PMSCs, enabling us to provide a competitive quote to all our clients for security transits. The company focuses on the helping its clients by providing a diverse range of maritime security services including following: Assisting third party security teams and security kits in embarkation / disembarkation at Gulf of Oman, Red Sea and Galle, Undertaking security tasks for the vessels passing through HRA, Providing vessels for security escort services, Helping security companies in sourcing security equipment, Hardening of the vessels passing through HRA, Other Maritime Security Services. (12)

13 Fleet Management System Maritime Software Seaspeed Marine has join hands with BASS to promote their fleet management system in Middle East and Indian region and are sole representatives of BASS in this region. We offer a complete solution for shipping, Offshore & Port Terminals. A full suite for fleet management and ship operations, seamlessly integrated for safe and secure data flow between vessels and onshore offices, we provide managers a total overview and control over their operations ashore and aboard. The modular applications system allows modules to be configured to fit the customer s business processes What s available in the BASSnet Fleet Management System Ship Maintenance Procurement Guarantee Claims Hull Inspections Projects Management (Dry-dock) Document Management Operations Safety Management Risk Management Vetting and Self Assessment (TMSA) Reviews and Improvements Crewing/HR Management Payroll Financials Report Generator and KPI Dashboard Environmental Management & Ports Management (13)

14 Maritime Medical Services Seaspeed Marine Management LLC has been appointed as an exclusive representatives India House Path Labs for the Middle East Market. We aim to provide quality medical services using modern technological tools for effective remote communication to seafarers: To carry out pre-joining medical examination of Ship s crew as per flag state and charterer s criteria, Provide authentic medical reports and maintain records of crew s medical history, Medico Advice Module - 24 x 7 medical treatment for all illness/ injury or medical incidents suffered by seafarers whilst onboard ships out at sea Continuous monitoring and quality control of shore based medical care Ship Hospital and Drug Register control Health advice and counselling to prevent medical incidents. Carryout drug and alcohol tests in more than 600 ports world wide as per IMO guideline. (14)

15 Previously Owned Vessels Gabriel ( ) Angel ( ) Seaspeed Express ( ) (15)

16 Contact Details Contact Details: Seaspeed Marine Management LLC 908, Mohammed Al Mulla Building, Al Ittihad Road, Sharjah U.A.E. Phone: / , Fax: offshore@cspeed.ae anilagarwal@cspeed.ae (16)

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