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40 Maritime Reporter & Engineering News ASBA Quality Initiative The Association of Ship Brokers and Agents (U.S.A.), Inc. agent members raise the bar for agency companies in the US by implementing a certification process that is intended to assure princi- pals of member agent's quality and cred- ibility in three areas: sound handling of principal's cash, adequacy of insurance coverage and competence of staff. To qualify for certification all member agents must submit an annual procedure report from an external CPA, insurance coverage of $1M per event of liability, automobile and workmen's compensa- tion as required. All agents employed by member companies have passed the ASBA Agent Exam that tests their knowledge of the industry and agency business. ASBA is the U.S. member of FONASBA, the international agents and brokers association, which has as one of its core values the promotion of the highest levels of professionalism in the agency and broking professions world- wide. FONASBA therefore fully endorses ASBA's actions in developing and introducing this initiative. Visit our website at www.asba.org for full details regarding our Guidelines for Certification. Security Training Program Receives Approval Bill Zazzo, Director of the Seattle Maritime Academy, and Tom Bradley of Captain Bradley Marine Consultants announced that the U.S. Coast Guard National Maritime Center (NMC) and Maritime Administration (MarAd) have approved their Maritime Security Awareness (MSA), Vessel Security Officer VSO, Company Security Officer CSO, and Facility Security Officer FSO security training programs. The pro- grams have also been certified by Det Norske Veritas (DNV). Trelleborg Completes CRP Acquisition Trelleborg´s acquisition of CRP through its Engineered Systems busi- ness area has now been concluded. CRP Group is an engineering company with annual sales of slightly more than $130 million and 500 employees, primarily in the U.K. and the U.S. The purchase price totals approximately $123.6 mil- lion in the form of cash and through the assumption of loan-repayment obliga- tions. CRP was founded in 1974 and is currently controlled by Barclays Private Equity. The company has five produc- tion units in Skelmersdale (also head office) and Barrow-in-Furness, in the U.K., as well as in Randolph and Canton, Massachusetts, and Houston, Texas. Keppel FELS Secures ENSCO Order Keppel FELS Limited (Keppel FELS) won a repeat order for an ultra-deepwa- ter semisubmersible drilling rig from a wholly-owned subsidiary of ENSCO International Incorporated (ENSCO). The total project value is approximately $338 million. The semi is scheduled for delivery in the first quarter 2009. To be named ENSCO 8501, this rig is similar to the first semi, ENSCO 8500, which ENSCO ordered with Keppel FELS in September 2005. Both semis will have the capability of drilling in water depths of up to 8,500 ft, and can be readily upgraded to 10,000 ft water- depth if required. Each rig is fitted with a DPS2 dynamic positioning system, eight 2600#kW thrusters and a single conventional drilling derrick system, with accommodation for up to 150 per- sons. The pontoons and lower hull columns of the two ENSCO semis will be built in the Keppel Philippines ship- yard in Batangas. Transas Wins S-VDR Deals with Jo Tankers, Torm Transas Norway AS announced its agreement with shipping company, Jo Tankers, to supply and install 19 (S- VDR) Simplified Voyage Data Recorders to the Jo Tankers fleet. The vessels vary in size up to 40,000 dwt, and are designed to safely carry nearly any kind of liquid product ranging from specialized chemicals and acids, to edi- ble oils and potable alcohols. Transas Scandinavia AB signed a deal with global shipping company Torm to fit 30 Simplified Data Recorders (S- VDR) complete with 20 Electronic Chart Display and Information Systems (ECDIS) to their fleet. Aker Yards and Brittany Ferries LOI Confirmed as Order The Letter of Intent (LOI) for a RoRo- passenger ferry signed on December 23 by Aker Yards and the French company Brittany Ferries was confirmed as a firm contract worth approximately $133.24 million. The vessel will be delivered from Aker Yards, Finland in October 2008. " O N N I E , A N E % L K ' R O V E 6 I L L A G E ) , &