New STS Services and Changes to Company T/C

We trust this message finds you well. We are contacting you about some important updates regarding our company's terms and conditions. At DYNAMARINe Co, we strive to maintain transparency and clarity in all our dealings, which is why we want to ensure that you are informed about these changes.

Effective (March 31, 2024), we will be implementing several changes to our STS Services and internal procedures and the same should be also reflected in our Terms and Conditions. These changes have been carefully considered to better serve both our company and our valued clients. While some of these alterations may seem minor, they are aimed at enhancing our services and improving the overall client experience.

Here are some of the key changes in our services:

The "SeaGuard STS Protection" Insurance service: It is an STS Risk Management and Clearance service for the vessels and STS Service providers, contracted by charterers/ oil majors/ traders by providing an insurance cover against oil pollution from Cargo Hose Failure during an STS Operation. The SeaGuard STS Protection will support all candidate STS vessels against oil pollution from cargo hose failure, under the request of the charterer/ Cargo Owner/ Trader, with favorable terms to those contracted with DYNAMARINe "Complete" STS service as per table shown at https://site.onlinests.net/en/public-news/our-members. DYNAMARINe has received re-assurance by "A+" Underwriters {as per Fitch Rating} in order to support this cover for Charterers who request vessels to be involved in STS Operations.

STS Compatibility study for LNG vessels: DYNAMARINe has appointed to provide services regarding the Ship-to-Ship Compatibility Study for each LNG Carrier calling the FSRU ALEXANDROUPOLIS. Additionally, DYNAMARINe provide services for the Risk Assessment including hazards and causal factors applicable to all LNG carriers along with the Dynamic OPTIMOOR study and online record keeping.

Online Location Assessment: This is a service available to Underwriters and Oil Majors who have access to location related information, available STS Service Providers and those reviewed by DYNAMARINe.

EQUASIS Data provider: DYNAMARINe has been approved by Equasis.org  to become a provider of STS related data which does not reveal commercial aspects but supports safer STS operations.

Vessel Drawing Database: DYNAMARINe has created a database with multiple general and mooring arrangements of various vessels to create 3D-Mooring Plan with Mooring Sensitivity Analysis or Optimoor analysis for our clients.

We value your partnership with us and assure you that these changes are intended to uphold the high standards of service and integrity that DYNAMARINe Co is committed to providing.

Our updated Terms and Conditions are available in this location: https://site.onlinests.net/en/terms-conditions 

Thank you for your attention to this matter, and we look forward to continuing our successful relationship.

Warm regards,

DYNAMARINe Team