Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
STATEMENT
Professionals who add Technical & Commercial Competence to your Offshore Marine vessel needs
M3 MARINE GROUP PTE LTD
ADDRESS 1 Commonwealth Lane, #09-13, ONE Commonwealth, Singapore 149544 T +65 6327 4606 M mail@m3marine.com.sg W www.m3marine.com.sg
1
All rights reserved.
M3 Marine Group
Company Overview
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 specialised offshore marine
services.
▪ M3 Marine (Offshore Brokers) was ▪ Singapore Maritime Distinguished ▪ M3 Marine Remote Inspection
▪ Achieved Singapore SME 1000 status
incorporated Awards 2014 was incorporated
As a Group, we focus on employing top quality professionals with high levels of operational
experience and together with a clear understanding of the standards required by end users,
we have built a solid reputation known for providing prompt, quality and ‘added value’
service which has led to our success so far. In addition, we are also an ISO:9001 accredited
company.
Mike Meade, Founder & CEO of M3 Marine Group
Professionals who add Technical & Commercial Competence to your Offshore Marine vessel needs
2
M3 Marine Group
Company Overview
The M3 Marine Group provides offshore ship broking and a comprehensive range of technical and commercial consultancy services tailored
to meet the needs of the Offshore Marine, Oil & Gas Industry. With extensive, real and valuable, multi-faceted, industry experience and ‘up
to the minute’ expert offshore knowledge, M3 Marine “adds value” where it matters.
The Group has a team of dedicated brokers who each hold ‘real’ industry background and a team of experienced technical / marine
consultants and marine engineers, experts in their respective fields.
It is further underpinned by a network of associates and contacts and a non-exclusive pool of mariners, chief engineers, offshore engineers
and industry professionals.
M3 Marine Group
Provides technical & Provides vessels & equipment Provides offshore ship broking
commercial / corporate valuation services in the services (time & bareboat charters,
consultancy services Offshore Marine, O&G sector. sales & purchase, new building)
Professionals who add Technical & Commercial Competence to your Offshore Marine vessel needs
3
M3 Marine Group
Corporate Video
Watch our corporate video here.
Professionals who add Technical & Commercial Competence to your Offshore Marine vessel needs
4
M3 Marine Group
Company Overview
Professionals who add Technical & Commercial Competence to your Offshore Marine vessel needs
5
M3 Marine Group
Corporate Social Responsibility
At M3, we embrace the importance of Corporate Social Responsibility and strongly believe in continuously finding new means to give
back to communities. We constantly participate in various charities and help groups to support the less fortunate and needy.
It is a non profit making event and majority of the committee members and ship
ambassadors are volunteers who take time off their schedule to make this event a
success.
Sailors’ Society Asian Challenge 2013 & 2015 Nepal Earthquake Appeal 2015
In 2013, Richard and Lizzie climbed Mount Kinabalu and raised We donated money to help those affected by Nepal Earthquake in 2015.
money in aid of the Sailors’ Society – an international charity that The proceeds has been used in the remote village of ‘Ramechhap’ which
provides welfare support to merchant seafarers around the globe. have gone towards the re-enforcement of a school roof that had collapsed
2015’s team comprises of Vini, Mark & Ravish! Together with many during the earthquake and the building of new school block with several
others from the maritime industry, they climbed South East Asia’s classrooms. The rest of the money have been used to provide school bags,
highest mountain standing at 4,095m. school books, stationary and materials for the children.
Professionals who add Technical & Commercial Competence to your Offshore Marine vessel needs
6
M3 Marine Group
Corporate Social Responsibility
SENSE Charity Golf 2014 Batam International Charity (BIC) Golf Tournament
Organised by MOOGAS and in aid of SENSE, M3 participated in the golf M3 participate annually in this golf tournament organised by
tournament and sponsored prizes! All proceeds went to MENDAKI SENSE – BIC, which raises funds to support the orphanages and disaster
the employability and training arm of Yayasan Mendaki which aims to relief projects in the Riau Islands.
empower the disadvantaged through excellence in education.
Professionals who add Technical & Commercial Competence to your Offshore Marine vessel needs
7
M3 Marine Group
Corporate Social Responsibility
Munda Biddi Charity Ride Visit to Lee Ah Mooi Old Age Home Cebu’s Bantanyan Island Relief
M3 sponsored David & Elsemieke Marren on Together with the SSA-YEG, Charlie & We donated food, water and tarpaulins
their over 1,000km ride in the West Australian Yee Won spend afternoons serving lunch to help those affected by typhoon
desert to raise funds to educate children in and entertaining the old folks with songs Haiyan in 2013.
Cambodia. 2 schools were built with the and games.
generous funds raised, with one even named
after Elsemieke!
Shot over 2 days in our offices and at ASL Marine’s shipyard in Singapore, we
produced a video that showed how Office 365 programs are an integral part of
the way we work and function as an Offshore Brokerage and Technical Marine
Consultancy.
Over the course of a month, we also put together a Blog Post which focuses on
why Mike chose to run the company on Office 365 and what he liked about it.
Finally, a more in-depth Case Study was written elaborating on the Office 365’s
Business Tools that we rely heavily on and how we use it as a business platform
for growth. Read more here.
Professionals who add Technical & Commercial Competence to your Offshore Marine vessel needs
9
M3 Marine Group
Collaborations
Watch the video here.
Professionals who add Technical & Commercial Competence to your Offshore Marine vessel needs
10
M3 Marine Offshore Brokers
Introduction
M3 Marine Offshore Brokers (M3OB) is one of Asia’s largest independent offshore ship brokerage houses, incorporated in 2005 and a
subsidiary company of the M3 Marine Group, situated in the ‘hub’ of marine activity in Singapore and...
❖ sourcing a comprehensive spread of offshore support vessels to meet your chartering and /or purchasing requirements
❖ facilitating and ‘adding value’ to your prospective transactions
❖ providing assistance in contract drafting translating into both time and cost savings
❖ ‘staying with you’ throughout the duration of the charter / sale / purchase / newbuilding process and maintain our commitment to facilitating
the relationship between the parties and our client’s objectives
❖ using BIMCO's IDEA, an internet-based charter party editing system, which protects the underlying text of edited documents so that both
parties will always know exactly what amendments have been made to the standard wording;
❖ playing a proactive role in ensuring ‘FAIR’ (IMCA) contracting principles are adhered to
❖ having direct access to a vast network of offshore vessel owners, operators, financial institutions, shipyards, keen buyers and sellers
❖ offering REALISTIC RATE GUIDANCE
❖ having an excellent track record of satisfied clients and, as such, benefitting from a loyal customer base
M3 Marine Offshore Brokers (M3OB) possess the commercial and technical knowledge and attributes to offer our valued Clients a spread
of brokerage services for Newbuilding, Sales & Purchase and Chartering.
Our brokers are constantly interfacing with the market and gathering invaluable ‘market intelligence’ in this process. Our data are live, updated
daily to bring across first hand information to our clients and potential clients.
❖ M3OB is well-versed in all manner of time, ❖ M3OB is actively involved in the entire ❖ M3OB forges strong business relations
bareboat & towage contracts newbuilding process – from the with offshore vessel owners, financial
conceptualization of the vessel through to institutions & numerous shipyards, thus
❖ Types of vessels M3OB brokers: its delivery we are always in the ‘loop’ of keen buyers
AHT / AHTS / PSV & sellers
DSV / ROVSV ❖ This process includes:
Barges vessel design ❖ We are well-versed with the market
Crew Boats / Fast Supply Boats vessel specification conditions and dynamics of the S&P
Tugs (Harbour & Ocean going) pre-qualification of shipyard sector to match the right vessel to suit the
Compact Semi Submersible bidding job for the buyer without compromising
Construction Support Vessels shipyard selection the quality of the vessel being brokered
Landing craft (LCT) contract negotiation
Safety Standby Vessels commercial closing
Heavy Lift Vessels vessel delivery
Jackup Barges / Liftboats
Survey / Utility Vessels
Workboats / Workbarges
Sophia Low (BEng), graduated from Nanyang Technological University in 2006 with a Bachelor in Materials
Engineering. Being a dedicated and energetic individual, she first joined the oil & gas industry as a drilling
engineer. Sophia has worked on offshore jack-ups to provide technical support to the drilling team, offshore
based as a well design engineer. She joined M3 Marine as an offshore shipbroker armed with an in depth
knowledge of the upstream industry and understands the demands of the drilling fraternity. Her skills
compliment the team dynamic for M3 Marine and she is determined to provide value-added ship broking
services to M3 Marine client’s.
Aslinda Wati has over 12 years experience in the offshore marine industry. Linda’s motivation and positive,
pro-active mindset with a keen eye for detail and a desire to learn, saw her progress rapidly into
management positions in procurement and administration, including extensive marketing and commercial
experience whilst at Seacor Marine and Hallin Marine. Linda has gained invaluable experience in tendering
processes, encompassing commercial, technical HSE and ISO standards, and being a solid all-rounder, she
brings a strong skill set to the M3 Marine brokerage team.
You Ru Tan (BEng), graduated with a Bachelors Degree in Civil Engineering from NTU. Prior to joining M3
Marine, You Ru worked for Saipem’s Commercial Department and gained extensive experience in
compiling information for bid prequalification and assisting in bid preparation against complex offshore
pipelay and construction projects.
As a Sale and Purchase broker on the M3 Marine Brokers’ Team, You Ru undertakes Sales (newbuildings,
re-sales and second hand sales) and liaises directly with M3 Marine’s extensive owner client base to add
value and meet our clients demands.
Emilie Teo (BSc) is a graduate with a Bachelor’s Degree Maritime Business and Maritime Law from Plymouth
University under an SMF scholarship, sponsored by M3.
Having interned at M3 as partial fulfillment of her Diploma in Maritime Business in Singapore Polytechnic,
she has learned the different facets of the offshore marine industry and also gain wider knowledge in this
field. Upon completing her degree, she has re-joined M3 Marine as a Junior Broker and endeavors to be a
valued member to the M3 team. She is an eager learner and possess positive attitude in her work.
Julianna Chua (BSc) holds a Bachelor’s Degree in Maritime Business with Maritime Law. She was first
introduced to the offshore sector through her internship at M3 Marine whilst pursuing her diploma
in Singapore Polytechnic and has since taken extensive interest in the industry.
Having graduated from Plymouth University, she would add value to M3 Marine by providing diverse
industry perspectives. Being a motivated individual and a strong believer in continuous learning,
Julianna strives to excel in the offshore industry with the guidance and support of M3 Marine.
16
M3 Marine Offshore Brokers
Example - Project Records
The following projects have been selected of illustrating M3 Marine Offshore Brokers (M3OB)’s track record
and commitments towards offering our valued Clients a spread of brokerage services for Newbuilding, Sales &
Purchase and Chartering:
TIME CHARTER BAREBOAT CHARTER
❖ Jack Up Accommodation Rig – BURJ ❖ AHTS – Posh Resolute & Posh Rapid
• Job: To provide accommodation & • Job: Charter of 2 x 8,000BHP AHTS
construction support at Bayu Undan • Duration: 3 years firm + 2 years ext. opt.
Facility in the Timor Sea • Charterers: GAC
• Duration: Term Charter • End Client: Dragon Oil
• Charterers: ConocoPhillips Australia • Owners: POSH Semco
• Owners: Millennium Offshore Services FZE
❖ Submersible Deck Cargo Barge – AMT Crusader
❖ PSV – Ocean Amber 1 • Job: Charter of 1 x Submersible Deck Barge
• Job: Production supply and support duties • Duration: 5 years charter
• Duration: 6 years charter + extensions • Charterers: Bibby Maritime
• Charterers: Stanford Marine • End Client: Chevron Australia - Gorgon
• End Client: RasGas Company Limited • Owners: Augustea Marine Transportation
• Owners: Samson Maritime
❖ Subsea Operations Vessel – Windermere ❖ AHTS – Jaya Affinity, Jaya Archer, Jaya Arctic & Jaya Armour
• Job: Brokerage on Newbuild SOV DP2 • Clients: Jaya Shipbuilding
• Clients: Drydocks World Singapore • Job: Brokered 4 x 5150BHP Newbuild AHTS
• Owners: Hallin Marine • Owners: Tidewater
• Design: KCM Design
17
ILLUSTRATION 1:
Project Overview:
We brokered the rig ‘Burj’ to ConocoPhillips as an
Accommodation Support Vessel (ASV) to support various
logistical, materials handling and accommodation services
required in Bayu Undan Offshore Facility in East Timor.
18
ILLUSTRATION 2:
Magellan 2 Go Capella
19
ILLUSTRATION 3:
20
ILLUSTRATION 4:
21
ILLUSTRATION 5:
Project: MADURA FPSO Phase 1 and 2
Charterer: Boskalis
22
ILLUSTRATION 6:
Bareboat Charter:
6 years firm + options
Project M3 brokered the newbuilding construction of
Overview: Southern Star, for Tasik Subsea with Fujian
Mawei Shipyard in China.
23
M3 Marine Expertise
Introduction
M3 Marine Expertise (M3ME), a subsidiary of M3 Marine Group, was incorporated in early 2010 to focus on providing first class
technical, marine and commercial / corporate consultancy services to meet the needs of the Offshore Marine, Oil and Gas industry.
We are a young and dynamic company with an excellent track record of delivering high quality technical and commercial analysis, assessments and
reports and have earned ourselves a growing pool of satisfied and repeat customers.
We are supported by a team of dedicated in-house projects engineers, led by our esteemed Managing Director, Joey Fisher, and further backed by a
network of associates, contacts and a pool of mariners, chief engineers, offshore engineers and industry professionals.
“Our clients value our astute commercial and operational acumen, Joey Fisher is a versatile and self motivated Class 1 Marine Engineer
up to date market knowledge and other synergies that we draw with a wealth of technical, operational and management
upon within the Group network of in-house technical and brokerage experience in the Marine, Subsea and Offshore sectors, solution and
services. Through sharing of resources, assets and abilities, we results orientated with solid communication, report writing and
strengthen and bolster the quality, depth and breadth of our services organisational skills. With a keen eye for detail and a passion for
and our reserve of expertise, providing the technical assurance, doing things right the first time. Joey heads up our team of
adaptability and flexibility, as is required by our clients, over the dedicated project engineers who are based in Singapore and provide
course of a project.” a wide range of technical consultancy services.
We are the Experts. Ask us.
24
M3 Marine Expertise
Introduction
M3 Marine Expertise (M3ME) possesses the marine technical capabilities and competencies to offer our valued Clients a spread of high
quality technical Offshore Marine Oil and Gas related services.
M3 Marine Expertise (M3ME) pride ourselves on adding value in all services provided to our clients and maintain quality driven and
consistently well managed deliverables throughout the life of a transaction, project or requirement.
Joey Fisher (IEng IMarEng MIMarEST, First Class Chief Engineer, IMCA Accredited Inspector) has nearly
20 years offshore marine engineering experience and is an accomplished surveyor, superintendent and
project manager for offshore ship building and major repairs. Joey’s particular expertise lies in high-end
Dynamically Positioned Offshore Support Vessels including Subsea Construction Vessels and Diving
Support Vessels. He is also highly qualified to provide DP-related consultancy; advise on the integration
of vessel machinery, equipment and specialist subsea systems such as built in Saturation Diving Systems
and as an author and auditor of FMEA’s. Joey has the breadth and depth of experience to ensure
consistent and quality driven deliverables and exacting standards.
Joey Fisher leads the projects and is supported by M3ME’s team of Project Engineers as appropriate.
Alex Brabin (First Class Chief Engineer, OVID and IMCA Accredited Inspector) has extensive experience
as a superintendent and project manager for offshore ship building, conversion and major repairs of a
variety of Offshore Support Vessels with extensive experience in managing and controlling the budgets of
such projects. Alex also provides high quality consultancy in the areas of Dynamic Positioning Systems,
Saturation Diving Systems and vessel propulsion, piping and electrical wiring systems.
Sew Chi Zhong (BEng) graduated from NTU in 2005 with a Bachelors in Mechanical Engineering and
commenced his career as a project engineer in Pan United Marine overseeing Subsea vessel and OSV
newbuilds.
Between 2009 and 2014, Sew was employed by Hallin Marine, and played a senior active role in
delivering all of the company’s marine assets, including two SAT DSVs. More recently, he handled the
development and construction of CSS Derwent before joining M3ME.
Sew is currently the Project Manager for Tasik Subsea’s first newbuild, the 105m DP3 Subsea Operations
Vessel, SOUTHERN STAR. Sew has a reputation to be concise and able to sum up meetings and
viewpoints to arrive at the heart of the subject matter and to express this in reports.
Captain Mick Mahon (qualified and experienced DP Master Mariner, OVID and IMCA Accredited
Inspector), holder of an unlimited DP Operators Certificate and Diploma in small craft surveying from the
Lloyds Maritime Academy, is an experienced Master in the offshore industry and has served on-board a
multitude of varying types of offshore vessels with an in depth knowledge of conventional and deep
water mooring systems in use today.
Loh Yee Won (BBus) is a graduate with a Bachelor’s Degree in Business, having majored in Maritime
Logistics Management from the Australian Maritime College.
Before pursuing her studies in Australia, Yee Won held a Diploma in Marine Engineering from
Singapore Polytechnic. As a Commercial Manager, Yee Won endeavours to add value in every
transaction and to all her Clients.
Geen Panganiban, BSc (Eng) is a Civil Engineering graduate with an extensive background in project
management. Prior to joining M3 Marine, Geen worked as Project Coordinator handling various
projects such as bank renovations for the Land Bank of the Philippines and theming works for
Legoland, Malaysia and Marine Life Park, Sentosa. These projects exposed her to different types of
documentation, planning, coordinating and administrative works.
Having joined M3 Marine as an Office Administrator, Geen has since progressed to M3 Marine
Expertise’s Commercial Executive.
Geen Panganiban, Commercial Executive of M3 Marine Expertise and Group HSE and Quality Manager
Sandeep Kumar Banger (BEng EEE), Projects Engineer, has over 10 years industry experience as a
project engineer in the marine & offshore industry.
Sandeep has extensive experience with the building of Dynamic Positioned vessels, Accommodation
vessels, Jack-up & Semi-Sub Rigs, FPSO’s and Dredgers and also FMEA’s for DP vessels.
Serafin Jarvina (Bsc) graduated with a Bachelor of Science in Electrical Engineering from Mapúa Institute
of Technology, Philippines, and has more than 7 years of experience in the Marine &
Shipbuilding industry.
An experienced Project Engineer in New Building, he has various knowledge in leading a project team and
is well versed in Class rules and other requirements. Prior to joining M3, he handled projects involving DP
Offshore Support Vessels ranging from ROV, Diving support, AHTS and Multi-Purpose Support Vessels.
Sarasvini Chandrasekeran BSc (Eng) is an Honours graduate with a Bachelor’s Degree in Naval
Architecture and holds a Diploma in Marine Engineering. Vini is experienced in the areas of Auto CAD,
procurement and project management for work barges; and is experienced in the drafting of offshore
structural, electrical and mechanical drawings.
Capt. John Carroll (MNI, BSc) is based in the UK and brings another dimension to M3 Marine. He was a
Master in the offshore industry on board AHTS and Salvage vessels. Since leaving the sea he has over
twenty years experience in marine consulting and the marine insurance industry. His latest role, prior to
working with M3, was as a marine loss control engineer/risk manager for a US international insurance
company based in their London City office.
John is capable of assisting in the following markets: salvage, wreck removal, condition surveys, risk
assessment, risk management for project cargoes, marine representation and marine warranty surveys.
He has the ability to be embedded within a client’s/main contractors office and offer value-added
marine consultancy services to assist in the completion of marine projects.
Phil Robinson, an experienced Electronics Engineer and Ships Diver from the British Royal Navy. Phil has
over 38 years of experience in the Offshore Oil & Gas business, initially as a Commercial Air & Sat
Diver/Supervisor he moved through to manage large offshore projects and also into the use of specialised
ROVs to bury cables, for over fifteen years for many cable installation companies. He has since managed
difficult cable installations and solved burial problems with cables for the likes of Global Marine, Alcatel
Submarine Systems and Level 3 Cables.
He has worked for several years now with many P&I Clubs in limiting their exposure to claims where a
vessel’s anchor has allegedly broken a cable and the Club has been claimed against.
M3 Marine Valuations (M3MV) was incorporated in April 2016 to better cater customers’ needs in the Offshore Marine, Oil & Gas sector.
M3MV is one of the few (if not the only) consultants that have a valuation ‘procedure’ when valuing vessels.
M3MV undertakes and delivers quality and reliable asset valuations (vessels / rigs / equipment), including without limitation, overviews on key
considerations in assessment of value, detailed reviews of technical specifications of offshore marine assets, detailed reviews of newbuild contract
documentation, construction and associated costs for valuation purposes, indicative current valuation ranges and historic, current and future charter
rate expectation for assets to owners, keen buyers and sellers, financial institutions, banks and other interested parties.
We also participate in joint-valuations on larger projects, have advised on numerous M&A deals and have co-operated with several esteemed yet
typically non-offshore ship broking companies by undertaking on their behalf vessel valuations for offshore assets.
Vessels valued range from the most complex DP MPSVs, Jack up / Derrick Lay / Pipe Lay / Accommodation Work Barges (and their sophisticated
equipment onboard) to smaller sized Anchor Handlers, tugs and barges.
* Fleet Valuation
** Within panels of valuers
34
***Both of the above
M3 Marine Valuations
Our Team
Capt. Mike Meade, AFNI (Group CEO, Lead S&P Offshore Ship Broker and Expert Valuer) has over 35
years experience in the offshore shipping sector. He heads up the Valuations team, with a support team
of brokers and consultants.
Mike involves extensively in Newbuilding and Sale & Purchase transactions of offshore vessels, and gains
a genuine sense of the ‘real’ market values. He is also an active and frequent contributor in trade
conferences as speaker, panelist, moderator and session chairman.
Peggy Zhao (BSc) is a graduate with a Bachelor’s Degree in Maritime Studies from Nanyang Technological
University. Having discovered her passion for the Offshore industry after several internships in different
Maritime sectors, she joined M3 Marine Group for an internship and is now a Business Analyst with the
Valuations team.
Peggy possesses a “can-do” attitude and is proving to be a fast and passionate learner. Her strong
analytical skills have contributed greatly to accelerate the experience gaining process.
Video by Flyability
In partnership with a well-established remote inspection company, PT ROV Inspeksi, M3MRI offers remote surveying and inspection
services on a broader scale to ship owners, shipyards, ship management companies and Classification societies for both onshore and
offshore marine projects and assets.
We believe in helping our clients in getting ahead of their game through services which meet the triple demands of marine businesses
today – safety, efficiency and cost effectiveness.
AERIAL VIDEOGRAPHY INSPECTION & SURVEY
• Flare Stack • Underdeck
• Offshore / Onshore • Launch • Tanks (cargo / ballast / storage) • Underhull
• Marketing • Repair • Confines spaces (incl. double bottom) • Underwater structures
• Newbuilding • Loadout / Installation
• Class survey • Damage Survey
Video by M3MRI
Angeline Chng (BSc) is an Honours graduate with a Bachelor’s Degree in Maritime Studies and started her
career with M3 Marine in mid 2008 as a Management Trainee. She joined M3 full time in mid 2009 as a
Commercial Executive and progressed to be the Commercial Manager of M3 Marine Expertise, overseeing all
Commercial aspects of the consultancy business. Through her extensive experience in the industry, Angeline
is now leading M3 Marine Remote Inspection as the Commercial Director.
Arwin Laode Muhammad (BEng) is a graduate with a Bachelor’s Degree in Naval Architecture. Arwin has
worked as a shipyard Engineer to a Newbuild Superintendent overseeing the newbuilding construction of
various complex offshore support vessel. With Arwin’s keen interest and experience of 5 years in utilising
drones and mini ROVs, his partnership with M3 Marine will add value to the growth of M3 Marine.
David Woon (CPA, MBA), holds a MBA degree from California State University, Hayward, USA and is a
Certified Public Accountant with a Degree in Accountancy from NTU, Singapore. David joined M3
Marine as a Financial Controller of the M3 Group of Companies in October 2009. He strives to provide
financial leadership and is a business partner to the management to drive M3’s growth.
Prior to joining M3 Marine, David has more than 15 years of financial and corporate experience
acquired with both MNCs and SMEs in offshore consultancy and other service industries where he
assumed senior finance positions. David is also overseeing the group’s Human Resources Department.
Shirley Tay studied at Clifford Educational Centre where she was awarded with the London Chamber of
Commerce and Industry (LCCI) in Bookkeeping and Accounting.
She is currently pursuing an advanced level course in CAT and has plans to pursue ACCA after.
Cynthia Tan is an ITE graduate with a certificate in Office Skills and Accounting. She benefits from years of
accounting experience prior to joining M3 Marine and is currently pursuing her Association of Chartered
Certified Accountants (ACCA) – Level 2 Degree.
Every year, M3 offers internships from Singapore Polytechnic’s Maritime Business Diploma cohort and Nanyang Technological University’s
Maritime Studies Degree, giving students the opportunity to learn in both M3 Marine (Offshore Brokers) and M3 Marine Expertise. M3 has since
extended its internship opportunities to students from ITE’s Shipping Operation & Services in 2014.
Furthermore in 2014, M3 sponsored 2 of its former interns in pursuing their Degree in Maritime Business at Plymouth University (UK) under the
Singapore Maritime Foundation (SMF) Scholarship and the Maritime Port Authority Sponsorship Programme.
To date, 4 of M3’s former interns have since moved on to join us as Management Trainees and employees.
M3 Visit to Southern Star 2017 M3 SSA YEG Bowling MOOGAS Golf & Dinner 2017
Challenge 2017
M3’s Christmas Dinner 2016 M3 2014 Annual Retreat @ Club Med Bintan
Professionals who add Technical & Commercial Competence to your Offshore Marine vessel needs
41
M3 Marine Group
Key Customers
Professionals who add Technical & Commercial Competence to your Offshore Marine vessel needs
42
TECHNICAL PROJECTS
43
ILLUSTRATION 1:
The CSS vessel is a state of the art twin hull vessel which can be developed
The Compact Semi-Submersible (CSS) Concept
into multiple roles– a first-in-class concept aimed at the offshore sector.
Period: Design stage involvement commenced in 2005, The concept was developed by CSS Design, originally set up by John
newbuild contract commenced in May 2010 Giddens of Hallin, Robin Reeves of MAC, Aker Yards and Mike Meade at
March 2012 to Present (On-going) M3 Marine. The naval architect initially known as Aker Yards is now a part
of VARD and is a shareholder in CSS Design.
Key Deliverables:
M3 Marine provided both the technical and operational expertise
Technical, Operational and Commercial Consultancy
required in the initial conceptualization and gradual development of the
CSS concept. M3 is also a part Owner in the design company.
CSS Derwent
In addition, M3 Marine brokered the >USD 100 Million newbuilding
contract between Hallin Marine and the shipyard for the building of CSS
Derwent, a 84 m, twin-hulled, DP3 vessel complete with a 200T MPT, a
150T AHC (both operational to depths of 3000 m) and 2 deep water
construction class ROVs.
44
ILLUSTRATION 2:
DP FMEA (Inc. Proving Trials and DP Operations Manual) The first CSS delivered, CSS Olympia, won the award for ‘Offshore
Support Vessel of the Year’ award at the OSJ Awards 2014.
‘CSS Olympia’ was awarded Support Vessel of the Year at the Annual Offshore Support Journal Conference & Awards 2014.
45
ILLUSTRATION 3:
M3ME have been engaged to generate a report identifying all cable routes
Vessel: MW620-1 based on the plan provided which identifies in principal where the fire
98m, ABS Class DP3 Compact Semi-Submersible Vessel boundaries / zones and main cable routings are for the larger CSS Mk 1.5
– CSS M98.
Period: 2014
The report will also identify where additional A-60 boundaries or trunks
Key Deliverables: should be added, where DP related equipment should be located as well
Assistance with DP Zone Plan and Segregation Philosophy as define key DP / Kongsberg network, electrical systems and cable
routing paths.
46
ILLUSTRATION 4:
Nautilus Minerals
47
ILLUSTRATION 5:
Diving System Interface Plan IMCA D024 Audit M3ME have subsequently been contracted by Fujian Mawei Shipbuilding
to produce DP FMEAs for the vessel’s DP System and engaged by LSWE to
undertake FMEA for both Air and Saturation Diving Systems, IMCA D023
and IMCA D024 Audits.
The project is due to be completed in 2016.
48
ILLUSTRATION 6:
FMEA – Crane System (1 x 400T & 1 x 25T AHC Crane) We are honoured ZPMC, a first time Client, have given us their vote of
confidence based on our exceptional technical abilities across various
FMEA – Diving System (Air & Saturation System)
‘genres’ of FMEA, excellent track record of delivering high quality FMEAs
IMCA D024 Audit and a good reputation within the offshore industry and especially in the
Ad-Hoc Technical Consultancy (Diving Systems) FMEA arena.
49
ILLUSTRATION 7:
Lancelot
50
ILLUSTRATION 8:
Vessels: M3ME were initially asked to undertake the Main Switchboard Design
8 x D-Class 92m ABS Class DP2 AHTS
Consultancy for the Swire’s D-class vessels. Subsequently, we were
4 x L-Class 97.92m DNV Class DP2 PSV
engaged to conduct the DP FMEA (inc. Proving Trials) for 4 x D-Class
6 x G-Class 84.65m DNV Class DP2 PSV vessels and was further increased to include another 4 x D-Class sisters,
OSV Fleet Various totaling 8 x D-Class AHTS. These vessels adopted the latest Dynamic
Period: 2010 – Present (On-going) Positioning technology and carry SPS 2008 notation. More information on
these D-Class AHTS is available at Swire’s website.
Key Deliverables:
Universal Shipbuilding Corporation in Japan have engaged M3ME to
DP FMEA (Inc. Proving Trials) conduct a Main Switchboard Design Consultancy and DP FMEA Electrical
Main Switchboard Design Consultancy Design Study for Swire’s L Class PSVs. This encompasses the reviewing of
the main switchboard data to produce a ‘Functional Requirements &
DP FMEA Electrical Design Study
Testing Document’ to be used by the client at the Main Switchboard FAT.
Annual DP Trials and DP FMEA Verification Trials The Offshore Ship Designers (OSD) designed vessels will be built by
Universal Shipbuilding Corporation. The 5,000 DWT vessels are classed
DP Vessel Assurance
with DP2 capability and have diesel electric propulsion systems.
‘Pacific Leader’ in Capetown
M3ME were awarded the scope of undertaking DP FMEA (inc. Proving
Trials) and Annual DP Trials Document for 6 x G-Class vessels, completing
4 to date.
51
ILLUSTRATION 9:
52
ILLUSTRATION 10:
Annual DP Trials Other work completed for Wintermar include Black Out Recovery Trials,
Era Berdikari
Black-Out Recovery Trials ASOG and CAMO for DP2 PSV W.M. Pacific.
ASOG, CAMO
53
ILLUSTRATION 11:
Bumi Armada have been a repeat client since 2012. Over the years,
DP Vessels Services and Audits
M3ME have been consistently engaged to provide various forms of
Vessels: Bumi Armada technical support and assistance for Bumi Armada’s fleet of DP1 and DP2
Fleet of DP1 / DP2 AHTS, PSV and OSV AHTSs, PSVs, OSVs including the Armada Tuah 80 series, 100 series, 300
series, 400 series (latest) and 500 series of vessels.
RK Offshore Scope of work include DP FMEA, Annual DP Trials, DP FMEA Verification
Fleet of DP1 / DP2 AHTS
Trials, DP Vessel Assurance, Switchboard Consultancy, DP Operations
5,000 BHP series, 5,150 BHP series, 6,000 BHP, 10,800
BHP series Manuals, ASOGs, Risk Assessments Procedures, Drills Matrix and etc.
Miclyn Express Offshore (MEO) RK Offshore engaged M3ME in 2013 for Trine K’s Annual DP Trials.
Fleet of DP2 AHTS, PSV, MPOSV M3ME have also been contracted to provide the same in 2015.
In 2014 and 2015, M3ME were contracted to provide DP operations
Period: 2011 – Present (On-going)
Manuals and develop ASOGs including CAMO in accordance with MTS
guidelines for their fleet of 5,000 BHP, 5,150 BHP, 6,000 BHP and 10,800
Key Deliverables:
BHP DP2 AHTs (19 vessels in total).
Annual DP Trials ASOG inc. CAMO
MEO have engaged M3ME’s technical services since 2011 for Miclyn
Switchboard Consultancy DP FMEA Verification Trials
Enterprise’s and Endeavour's Annual DP Trials.
ASOG, Risk Assessment DP Vessel Assurance In late 2014, the extent of M3ME’s technical support and assistance have
Procedures & Drill Matrix Armada Tuah 102
been hugely expanded to include DP FMEA Verification Trials, DP Vessel
DP Operations Manual Assurance, DP Operations Manuals, ASOGs, Risk Assessment
Procedures, Drills Matrix and etc for MEO’s fleet of DP2 vessels. This also
includes a DP FMECA (inc. Proving Trials) for the E Class vessels.
54
ILLUSTRATION 12:
Key Deliverables:
Annual DP Trials DP FMEA Verification Trials
5 yearly FMEA Verification Trials IMCA D024 Audit
55
ILLUSTRATION 13:
Sembawang’s ARV3
56
ILLUSTRATION 14:
Consultancy Services
Revise and update initial FMEA
Preliminary Saturation Diving System FMEA
FMEA – Saturation Diving System
57
ILLUSTRATION 15:
Polar Marquis
Polar Marquis
58
ILLUSTRATION 16:
Period: 2013
Key Deliverables:
RP FMEA (Inc. Proving Trials)
FJORD FJORD
59
ILLUSTRATION 17:
Key Deliverables:
DP FMEA (Inc. Proving Trials)
60
ILLUSTRATION 18:
61
ILLUSTRATION 19:
M3 Marine Expertise has been audited and M3ME’s involvement included attending to vessels under construction;
undertaking detailed inspections of the vessels and providing
approved to BP Marine’s exacting standards.
photographic records; participating in meetings with the yard, Owner and
BP Exploration (Caspian Sea) Limited client representatives and people in charge of vessel construction;
Elvary Neftegaz CJSC (BP Sakhalin) working with client and / or owners to rectify areas of technical conflict;
BP Shipping (Singapore and Indonesia) ensuring that ships are being built to specifications and are in compliance
Project: • Provision of Marine Consultancy Services with Flag and Class rules and that materials used are fit for purpose; and
• Vessel Assurance finally, M3ME also worked to ensure that vessels are not only built to
• DP Mentoring and Logistics Management industry standards and best practices but are also in line with Client’s
‘Golden Rules’ of safety so as to maintain a safe working environment.
Period: 2005 – ongoing
62
ILLUSTRATION 20:
Mermaid Investigator
Vessels: Crest Angelica POSH Champion Since 2013, M3ME have been contracted by McDermott to conduct 3rd
Deep Orient 1 POSH Constant Party Vessel Inspections as well as On/Off Hire Surveys. Some vessels
Ena Treasure Pacific Valour which M3ME have inspected/surveyed are listed on the left.
Ena Jade Swissco Sabre
Era Berdikari Swissco Topaz
FOS Leo Sea Supra
FOS Gemini SMS Explorer Deep Orient 1
Jaya Crystal Seacove Knight
Jaya Chieftan Winposh Regent
Loch Seaforth Winposh 3301
Logindo Stout Winpan CB1
Mermaid Investigator Winposh Resolve
PW Reliance Winpost Rampart
Pacific Vigour
Jaya Crystal
Key Deliverables:
3rd Party Vessel Inspections and Sail Away Inspections
63
ILLUSTRATION 21:
Key Deliverables:
Marine Production Audits of Offshore Installations
64
ILLUSTRATION 22:
Key Deliverables:
Condition Surveys on-board SSE Jerome and Lanpan 34
65
ILLUSTRATION 23:
Key Deliverables: Towage Suitability Surveys ❖ Conduct Towage Suitability Survey onboard the vessels
Project: Assess towage vessels’ suitability for the ❖ Produce Towage Suitability Survey Report
towage of Lewek Centurion from Paxocean’s ❖ Issue Towage Approvability Certificates
yard, Batam to MMHE’s yard, Malaysia. ❖ Technical Consultancy on the towage plan
Period: July – August 2017 ❖ Brokerage service for chartering of towage vessel
❖ Provide commercial advice on vessels’ charter rate for the tow
66
ILLUSTRATION 23:
M3ME undertakes various audits, surveys and inspections such as IMCA CMID audits, OCIMF OVID audits, Pre-Purchase
Condition surveys, On-hire, Off-hire, Suitability and Towage Approval surveys for owners, keen buyers and sellers and other
interested parties.
Clients (OCIMF OVID / Pre-OVID Audits) Clients (IMCA D023 / D024 Audits) Clients (Surveys / Inspections)
❖ Belait Shipping ❖ PT. Advanced Offshore ❖ Fast Offshore Supply (FOS)
❖ BGP Marine, CHNPC ❖ Hallin Marine ❖ GAC
❖ Greatship Global ❖ Integrated Subsea Services (ISS) ❖ HARPS Holdings
❖ GulfMark ❖ Noel Dive ❖ Hartmann Offshore
❖ Hallin Marine ❖ LexMar Engineering ❖ Hallin Marine
❖ Intership ❖ Hydrodive
❖ McDermott Clients (IMCA R006 Audits) ❖ Incisive Law
❖ Seascape ❖ Seascape ❖ Leighton
❖ Sealion ❖ McDermott**
Clients (Surveys / Inspections) ❖ Miclyn Express Offshore
Clients (IMCA CMID / Pre-CMID Audits)
❖ Allied Marine & Equipment (AME) ❖ POSH
❖ BP
❖ Bibby Offshore ❖ Sarost Group
❖ Bibby Offshore
❖ Bumi Armada ❖ Seascape
❖ Bluestone Offshore
❖ BOURBON ❖ ST Marine
❖ Daewoo International Corporation
❖ Boskalis ❖ Stena Drilling
❖ Farstad Shipping
❖ Caspian Marine Services ❖ Swire Pacific Offshore (SPO)
❖ GC Rieber
❖ Costal Marine ❖ Swiber / Newcruz / Vallianz
❖ Hallin Marine
❖ DOF Subsea ❖ Triton Maritime
❖ Kreuz Subsea
❖ Eagle Energy ❖ VM Marine
❖ POSH
❖ ENSCO ❖ Workboats Northern Australia
❖ Stena Drilling
❖ Fugro ❖ Yarnell Marine
❖ Swire Pacific Offshore (SPO)
❖ Fast Offshore Supply (FOS)
❖ Seascape
❖ Fortress
❖ Swiber / Newcruz / Vallianz
❖ Frontera
❖ Sapura
❖ GC Rieber ** Fleet Agreement: suitability inspections and on/off hire surveys
❖ Wintermar
67
ILLUSTRATION 24:
M3ME undertakes FMEA work including FMEA Production, FMEA Review FMEA Assistance, DP vessel services, Annual DP trials
and audits for various Offshore Support Vessels, and Dynamic Positioning Systems.
❖ Allied Marine & Equipment (AME) ❖ Guangdong Yuexin Ocean Engineering ❖ RKOffshore
❖ ASL Shipyard ❖ Guangxin Shipbuilding & Heavy Industries ❖ Stanford Marine
❖ Austal Ships ❖ Greatship Global ❖ Vallianz
❖ Bibby Offshore (Near miss DP Incident investigation) ❖ Intership ❖ Sealion Shipping (Toisa)
❖ Bumi Armada ❖ Keppel Singmarine ❖ Sembawang Shipyard
❖ BOURBON ❖ Mermaid Maritime ❖ Swire Pacific Offshore (SPO)
❖ Daewoo International Corporation ❖ Marine Assets Corporation (MAC) ❖ Swissco
❖ Dockwise ❖ Miclyn Express Offshore (MEO) ❖ Seascape Surveys
❖ Dolphin Offshore Shipping Limited ❖ Mermaid Marine Australia (MMA) ❖ Technip
❖ Fairstar Heavy Transport ❖ Martens Marine ❖ Tasik Subsea
❖ Fujian Mawei Shipbuilding ❖ POSH**, PaxOcean ❖ Wintermar**
❖ Fugro ❖ PT. Advanced Offshore Services ❖ Shanghai Zhenhua Heavy Industries
❖ GC Rieber ❖ PT. Baruna Raya Logistics
❖ Gulfmark Offshore
** Fleet Agreement: Annual DP Trials
68
ILLUSTRATION 24:
M3ME undertakes FMEA work including FMEA Production, FMEA Review FMEA Assistance, DP vessel services, Annual DP trials
and audits for various Offshore Support Vessels, and Dynamic Positioning Systems.
Please see below a sample list of End Users for the various jobs we have completed till date.
❖ BP ❖ Petronas
❖ BHP Billiton ❖ Pemex
❖ Chevron ❖ Premier Oil
❖ ConocoPhilips ❖ Shell
❖ Maersk Oil ❖ Saudi Aramco
❖ Murphy Oil ❖ Saipem
❖ Nippon Steel & Sumitomo Metal ❖ Total
❖ Woodside
❖ Petrobras
69
COMMERCIAL PROJECTS
70
ILLUSTRATION 1:
72
ILLUSTRATION 3:
Key Deliverables: Corporate and Commercial Consultancy Key Deliverables: Corporate and Commercial Consultancy
Projects / Vessels: Project Elena and various Period: Oct 2014 – Nov 2014
The code name for a Commercial Due Diligence
project for a potential acquisition of an OSV
player in the maritime industry. ❖ Provide consultancy with regards to the Indonesian Construction
Period : 2014 Support Vessel (CSV) market and barriers of entry to the market
❖ Assessing the client’s market strategy and comparing to key
competitors
Provision of corporate and commercial advice including but not
❖ Detailed profile of the potential competitors in the market
limited to:
❖ Potential valuation for the Target Business
❖ Target Business’ business plan and financial projections
Olympic Ares
❖ High level review of the OSV market and an analysis of industry
dynamics
❖ Potential acquisition and other expansion strategies that the Target
Business could pursue
73
ILLUSTRATION 4:
Key Deliverables: Corporate and Commercial Consultancy Key Deliverables: Market Study / Market Research
Project: Residual Valuation Report Project: Depreciation Schedule, Market Demand / Supply
Dynamics
Period: June 2014 – Present
Period: April 2014 – May 2014
❖ An estimated OSV value report for the year, to be updated bi-
annually Provision of corporate and commercial advice including but not limited to:
❖ Depreciation Schedule – provide an ‘expected’ depreciation schedule
❖ Drivers for 2nd hand value for OSVs
(or an estimate of forward looking valuations over the next five or ten
❖ 2nd hand values of OSVs for the list of vessels below dating back
years) for all vessels listed
to 2 decades – 80’s and 90’s and current
❖ Market Demand/Supply Dynamics for the different segments of vessels
❖ Values vs term rates
❖ Recent and projected evolution of utilisation levels, day rates, second
❖ Comparison between the older and resale values vs newbuilding hand valuations, ease of leasing/releasing, and new build orders.
(to account for differentiation of the newer and higher ❖ Insights on the reputation/stability of the respective counterparties
specification vessels and new engine types) based on the list of charterers as provided.
Bourbon Front
74
ILLUSTRATION 5:
75
ILLUSTRATION 6:
76
ILLUSTRATION 7:
Provision of operational, technical, commercial and strategic advice including but not limited to:
❖ Assistance with locating missing diving equipment for a subsea construction & diving support vessel
❖ Assistance with retrieval of stingers for a pipe laying vessel
❖ Condition and towage approval survey of vessel and equipment onboard
❖ Tow Master service
❖ Attendance during lifting of stingers, cranes and diving systems
❖ Asset valuation service
❖ Brokerage service for sale and purchase of equipment
77
ILLUSTRATION 8:
78
Contact Us
FOR MORE INFORMATION ON OUR SERVICE OFFERINGS:
❖ M3 Marine (Offshore Brokers)
Email: mail@m3marine.com.sg
Tel: +65 6327 4606 (24 Hrs)
Fax: +65 6221 4606
Contact Persons: Capt. Mike Meade, Director & Chief Executive Officer - mike@m3marine.com.sg
Ms. Sophia Low, Director & Lead Broker - sophia@m3marine.com.sg
Ms. Tan You Ru, Sales & Purchase Broker - youru@m3marine.com.sg
❖ M3 Marine Expertise
Email: expert@m3marine.com.sg
Tel: +65 6327 4606 (24 Hrs)
Fax: +65 6221 4606
Contact Persons: Mr. Joey Fisher, Managing Director - joey@m3marine.com.sg
Ms. Loh Yee Won, Commercial Manager – yeewon@m3marine.com.sg
❖ M3 Marine Valuations
Email: valuations@m3marine.com.sg
Tel: +65 6327 4606 (24 Hrs)
Fax: +65 6221 4606
Contact Persons: Capt. Mike Meade, Director & Chief Executive Officer - mike@m3marine.com.sg
Ms. Peggy Zhao, Business Analyst - peggy@m3marine.com.sg
❖ M3 Marine Remote Inspection Services
Email: remote@m3marine.com.sg
Tel: +65 6327 4606 (24 Hrs)
Fax: +65 6221 4606
Contact Persons: Ms. Angeline Chng, Commercial Director - angeline@m3marine.com.sg
Mr. Arwin Laode, Technical Director - arwin@m3marine.com.sg
Professionals who add Technical & Commercial Competence to your Offshore Marine vessel needs
M3 Marine Group website: www.m3marine.com.sg 79