Page 20: of Marine News Magazine (August 2015)

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With expanding product lines and market leading capacity,

THE COMPANY:

Continental CUL provides clients with the very best service and secu-

Underwriters, rity for the next generation to come. More recently, Elder

Ltd. is a national, Brown., Jr returned CUL to private ownership by purchas-

C , ONTINENTAL NDERWRITERS multiline ? rm for ing CUL back from Houston Casualty Company in 2009.

L U .TD all types of marine This year, the ? rm, through and with its parent company, 2235 N. Hwy 190 coverage. The ? rm Fidelis Group Holdings, has launched new and innovative

Covington, LA 70433 programs for industry. These include a new ocean cargo di-

Tel: (985) 898-5300 offers both admit-

E-mail: ebrownIII@? delismarine.com vision, as well as a Master Port Risk Program for the mari- ted and non-ad-

Website: www.cultd.com

Chairman of the Board: H. Elder Brown, Jr.

mitted products time industry. Speci? cally, The Master Port Risk Program in all 50 states, packaged in ? exible, competitively priced provides commercial vessel owners, mortgagees and other insurance options with broad terms and conditions for even interested parties a more economical way to insure their stacked equipment which is of the utmost importance dur- the most unusual, complex, and hard-to-place risks. Con- tinental’s 45 years of success ensures that insured’s receive ing dif? cult economic periods. The new Master Port Risk extensive access, tailor-made coverage, and a high level of Program is designed to provide Hull and Liability coverage for quali? ed vessels that are laid up and out of commission expertise directly from experienced brokers and underwrit- for an extended period of time. Under the program, in- ers. Continental is part of the FGH family of companies. sureds have the opportunity to remove their vessels from a navigating policy at a greatly reduced cost. As the offshore

THE CASE: industry retrenches in a challenging climate, the new

Founded in 1970, CUL has grown into the largest brown CUL options provide OSV operators with new tools to water Marine Insurance underwriting ? rm in the nation. save money in a responsible fashion.

THE COMPANY:

Corvus is a manufacturer of proven, high power Energy

Storage Systems (ESS). Its ? eld proven battery systems provide power to hybrid and fully electric marine propul- sion systems. Founded in 2009, Corvus provides purpose- engineered ESS solutions for marine, oil & gas and port applications. Using a customer’s load pro? le, Corvus en-

C EORVUS NERGY

Unit 220 - 13155 Delf Place gineers design an ESS tailored to the customer application

Richmond, B.C.

without the expense of custom engineering. The only pur-

Canada V6V2A2

Tel: (604) 657-7192 pose designed industrial lithium-ion battery system; it is

Email: [email protected] scalable from 6.5 kWh at 48VDC to multiple Megawatt-

Website: www.corvus-energy.com

President/CEO: Andrew Morden hours and 1100VDC. New liquid cooled battery mod- ules support more aggressive load pro? les with a smaller battery system, reducing total capacity required as well as

THE CASE: space and weight. Battery hybrid propulsion increases the energy ef? ciency of a vessel by optimizing the operation Corvus manufactures energy storage systems (ESS). Its of its diesel engines applying the battery system energy in ? eld proven battery systems provide power to hybrid and lower power ranges and when extra power is needed, thus fully electric large marine propulsion systems and is the lessening dynamic load changes allowing engine operation world’s ? rst lithium battery module to have all the Marine at relatively constant power levels. Workboats spend most Standards and Type Approvals (DNV, Lloyd’s and ABS). of their time maneuvering into position and only operate Corvus has the largest installed base of ESSs with the larg- at full power for brief periods. This system allows for est number of projects completed in the maritime industry. signi? cant fuel savings and emission reductions. 90% of commercial hybrid vessels utilize a Corvus ESS.

August 2015

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