4. LUXEMBOURG MARINE SERVICES
Established in 1995 by Mr. Raymond Van Herck, Luxembourg Marine Services is the
preeminent ship management company in Luxembourg with the majority of the vessels on
the Luxembourg Shipping Register as well as other registries around the world.
Offices and representations Accredited Marine
Luxembourg Marine Services Manager
Luxembourg
(DOC)
Poland Marine Services Ltd Document Of
Compliance
Gdynia, Poland
Belgium & Luxembourg
Malta
LMS Antibes
ACE Marine Malta
5. TRADITIONAL ACTIVITIES
Luxembourg Marine Services has traditionally provided the following services to the
commercial shipping and Mega-Yacht sectors:
SERVICES
•Registration •Fiscal & Accounting Services
•VAT and fiscal declarations
•Luxembourg, Cyprus, Malta, IOM, •Budgets
UK, Bahamas, BVI, Liberia, Panama, + •Cash book supervision
•Domiciliation & Constitution of Companies •Official Accreditation
•Vessel Owning Companies • Accredited Marine Manager
(Agrément Dirigeant Maritime)
•DOC – Document of Compliance
6. TRADITIONAL ACTIVITIES
Luxembourg Marine Services has traditionally provided the following services to the
commercial shipping and Mega-Yacht sectors:
SERVICES
•Vessel Management •Crew Management
•General, Full Technical •Certification & Endorsements
•Vessel documentation •Crew documentation
•ISM and ISPS •Payroll, including social security
•Classification societies and income tax
•Follow-up yards •Contact with Authorities
•FSI / PSC assistance •Seaman’s Books
7. REFERENCES
Luxembourg Marine Services has an impressive array of clients in all major sectors of the
shipping market
SOME EXAMPLES OF YACHTING CLIENTS
Courtal MA SAS Financière DBG Rita Mar Seacat
Comsea Genie Riva Bella Sea Waves
Dolphin Shipping Housmans – France Rosalia Maritim Tradboat
Laios
9. BOARD OF DIRECTORS
The Board of Directors at Luxembourg Marine Services bring many years of experience and expertise
from a broad range of sectors
DIRECTORS
Raymond Van Herck, Chairman – Former General Manager of the Belgian and Luxembourg Shipowners’
Association and currently Chairman of FedilShipping and founder of LMS.
Jean-Pierre De Wolf, MD – Eng. / Cheng 21 years at sea / Technical Superintendent / MD GL France
James Little – 15 years in Financial Services project management, CRM, IT, Business strategy. 5 years in
Maritime projects & Management.
10. LMS ORGANIGRAM
Board of Directors
Chairman: R. Van Herck,
Directors: JP. De Wolf, J. Little
MANAGING DIRECTOR
JP. De Wolf, M.Sc.
M.Eng
OFFICE MANAGER
ADM / IMEC / ECSA /
FEDIL SHIPPING
J. Little
CREWING / WAGES / LEGAL / OPERATIONS DEPARTMENT ACCOUNTING / FINANCE Yacht Chartering / LMS
TAXES/ SOCIAL SECURITY CONTRACTS/MORTGAGES F. Benhara ANTIBES /MYBA/S&P
J.P. De Wolf, M.Sc. M.Eng.
F. Meyer A. Arami E. Sagitova JP. De Wolf
Capt. G Strassener
E. Sagitova Insurance and Claims J. McHale D. Hanham
Capt. P. Janssens
J. McHale Capt.G. Strassener
ISM / ISPS /ECSA
Capt. P. Janssens (DPA, CSO)
Capt.G. Strassener (DEPUTY,DPA, CSO)
PROJ. MGMT / NEWBUILDS /
REFITS/DRYDOCKING
L. Kowalewski, M.Sc. M.Eng.
12. LMS - INFRASTRUCTURE
LMS actively seeks out or develops best of breed software to support the daily activities of
ship management
SHIP & CREW KEYPAYE
MANAGEMENT
Keypaye is a payroll
MXSuite is the software application for Seafarers
suite supplied by Mastex
software and consists of
several software modules.
BIMCO EDITOR WATCHKEEPER
The industry standard Compliance with IMO STCW
contract authoring system Seafarers’ work hour
regimes and MLC,2006
14. LMS – FULL SERVICE PROVIDER
At LMS we are expanding our services to ensure that we remain a highly reputable,
competitive & successful company both in Luxembourg and abroad
EXPANSION OF EXISTING SERVICES
Increasing our service offering in the following areas
•Technical Management •Crew Management
•Flag Optimisation •Training o/b and ashore
•Vessel Financing •Structured Vessel Ownership
•Insurance guidance
15. LMS – TECHNICAL MANAGEMENT
At LMS we are expanding our services to ensure that we remain a highly reputable,
competitive & successful company both in Luxembourg and abroad
DEVELOPMENT OF EXISTING SERVICES – TECHNICAL MANAGEMENT
Increasing our service offering in the following areas
•Full Technical Management by reinforcing •Extended ISM/ISPS services
our technical staff
•Follow-up of dry-dockings and increasing •Performing ISM Audits with Classification
technical visits o/b. Society representatives or Flag State
Authorities
•Extending Technical Management services
to the yachting market in collaboration with •Berthing and repairs – Arrangement and
LMS Antibes management
16. LMS – TECHNICAL MANAGEMENT
At LMS we are expanding our services to ensure that we remain a highly reputable,
competitive & successful company both in Luxembourg and abroad
DEVELOPMENT OF EXISTING SERVICES – TECHNICAL MANAGEMENT
Increasing our service offering in the following areas
•On board / Remote Flag State Inspection • Vessel monitoring & statutory document /
(FSI) Assistance record management
•Port State Control assistance & training for •Classification Society & Flag State liaison
yacht captains services
•New Build supervision and technical •Onboard internet connectivity and
assistance with the ship yard communication solutions
17. LMS – CREW MANAGEMENT
At LMS we are expanding our services to ensure that we remain a highly reputable,
competitive & successful company both in Luxembourg and abroad
CREW MANAGEMENT
Increasing our service offering in the following areas
•Implementation of new Crew Management •Extended Crew Rotation Management for
System Clients’ Vessels
•Expansion into Seafarers recruitment for •Implementation of Watchkeeper for Work
Clients’ Vessels Hour Record compliance (MLC, 2006)
•Automation of crew feedback for hours •Seafarers Web Portal for job applications &
worked / overtime / holidays data management
18. L M S – F L A G O P T I M I S AT I O N
At LMS we ensure that we remain a highly reputable, competitive & successful company both
in Luxembourg and abroad
FLAG OPTIMISATION
Increasing our service offering in the following areas
•Selection of most suitable flag for incoming •Assessment of Social Security requirements
vessels : Luxembourg, IOM, UK, Liberia, for client vessel crew & implications on
Panama, Malta, Bermuda, Bahamas, etc. operating costs
•Selection of most suitable flag and re- •Assessment of Mortgage handling for client
registration of existing client vessels vessels
•Assessment of taxation parameters for flag •Assessment of flag reputation and related
decision constraints / benefits for client vessels
19. LMS – TRAINING
At LMS we ensure that we remain a highly reputable, competitive & successful company both
in Luxembourg and abroad
TRAINING
Increasing our service offering in the following areas
•Advanced training provision for client •Specific and tailored training programmes to
vessels’ crew o/b or ashore meet client requirements
•Multiple training centres for facilitation of •Advanced simulation techniques for training
access from client vessels safety
•Recording of training courses undertaken •Flexible scheduling to coincide with port
against specific seafarer records calls and crew rotations
20. L M S – YA C H T F I N A N C I N G
At LMS we can assist with arranging finance for your yachting projects whether a new
purchase, refinance, refurbishment or construction.
NEW SERVICE OFFERINGS – YACHT FINANCING
Increasing our service offering in the following areas
•Introduction of parties with an interest in the •Options for direct investment / loan purchase
financing of vessels of vessels
•Advice on the implications of the fiscal plans •Advice on tax efficient structures for vessel
for vessel finance ownership
•Options for partnership purchasing of •Mortgage registration
vessels
21. L M S – YA C H T F I N A N C I N G
At LMS we can assist with arranging finance for your yachting projects whether a new
purchase, refinance, refurbishment or construction (40metre+).
NEW SERVICE OFFERINGS – YACHT FINANCING
Increasing our service offering in the following areas
•Single and Multi-currency loans •Marketable securities or other collateral
•Construction Loans for European & US •Customized repayment options, loan terms
construction projects with approved yards and amortization schedules
•Advance rates up to 75% (Loan To Value) •Conditions apply
depending on age, pedigree and cost
22. L M S – YA C H T B R O K E R A G E , S & P
LMS will support your brokerage and sale & purchase needs whatever they may be
NEW SERVICE OFFERINGS – BROKERAGE, S&P
Increasing our service offering in the following areas
•Brokerage •Registration & Flagging assistance
•Pre Sale and Sale & Purchase survey •APA Management
•Certificate management
23. L M S – YA C H T C H A R T E R I N G
LMS chartering department is at your service from planning to fulfillment of every aspect of
the trip. LMS tailors its services to any special requirements, covers itineraries and ensures
that your trip is the one to remember.
NEW SERVICE OFFERINGS- CHARTERING
•Itinerary planning •Restaurant reservations
•Berth reservations •Preference sheet organization including special
dietary requirements
•Excursions arrangements
•Stand by during the duration of the charter
25. LMS – RECAP
LMS Will Not Stand Still
•Exceed our clients’ expectations
•Develop our reputation as a provider of choice
•Develop our own fleet
•Increase our profitability and grow our clients base through our reputation as a quality provider of full
shipping and yachting services
26. P R E S E N T AT I O N
LMS HAVE DEMONSTRATED
•LMS is a company of great standing •LMS Services
•We have the pedigree •Increasing the scope and reach of
our existing services
•The New Structure
•Introducing new services
•Provides the fresh impetus for
success •Listening to our clients
•LMS Infrastructure •LMS future
•Robust to the standards of •LMS is a company with an
international financial institutions extremely bright future
