German salvage consultant and marine surveyor Brand Marine Consultants plans to establish its own engineering division together with a joint venture partner.
The company, launched 18 months ago by Dennis Brand, the former managing director of central German hull and machinery claims handler VHT, is teaming up with Poland’s engineering firm NED Projects to launch Brand Engineering at its office in Hamburg. Both partners will hold 50% in the new company.
“It will allow us to produce our own calculations and analyses instead of commissioning third party engineering firms,” Brand told IHS Maritime. The salvage consultancy is on track to grow its organisation and streamline its processes this year after a very busy start-up phase since December 2013, he said. Brand and his team were involved in some high-profile salvage and wreck removal projects off the coast of West Africa and in the Middle East Gulf, in addition to expert witness services and marine warranty surveys, he said. Clients included marine liability insurers like British Marine and Hanseatic P&I, as well as hull and machinery insurers, shipowners, and shipyards.
This post was sourced from IHS Maritime 360: View the original article here.