Introduction to Safinah Ltd.

September 2016

At a glanceEstablished in 1998Independent and privately ownedFinancially stableWide ranging capability and clients served– Paint companies– Ship owners and managers– Shipyards– Major oil and gas companies– Raw material suppliers– Insurance and Law Companies

Experienced core team

The need for coatings and predictability

All the structures upon the land and sea – slowly turn to Fe2O3!

… Rust is a must - by TB Watson (slightly modified)

The world spends $2.2 trillion per annum combating corrosion!

Predictability is the keyAsset owner– If you know how your engineering systems/processes are going to

perform you can predict and control your revenue stream!– If they break down because of corrosion, fouling, cracking,

delamination etc. in an unpredictable manner then you run into problems!

Why does paint fail?– Received wisdom

• Poor surface preparation and poor application– But approved inspectors on every job

(circa $80-120,000 p.a.)

Services

Information,Education & Formulation

Specification& Selection

Investigation& Interpretation

Consultation& Rectification

Quantification,Arbitration &Litigation

Market SectorsChemical and technologyMarineYachtProtective

Sector - ChemicalUnderstand the end user– Chemists develop– Managers (Engineers use)– Painters paint

Safinah interprets needs of end user and provides insight for product development, formulation, testing and failure analysis

Hi-Tech to….. Low-Tech

Chemical Predictability is the key

Product development– The case for development– The market demand– The value added– The testing dilemma– The routes to market

In service– Guarantee claims– Failure investigation– Product liability

Chemical

Identify patent faults for RM client that allowed them to exploit their products properly.Assist client in factory sizing and location by conducting market study for future demand of RM.Assist major paint supplier with formulation issues.Conduct strategic market studies for senior executivesConduct sales and marketing training for marine divisions.Branding and website design for product launches.

Chemical ClientsAir Products, Akzo Nobel, Arch Chemicals, BASF, Bayer Material Science, Byk Chemie, CEPE, Hempel, International Paint, IPPIC, Johnson and Johnson, Jotun, Eastman Kodak, Nippon Paint, PPG Sigma, Sherwin Williams.

Marine / Ship

Our ServicesAnalytical workAsset integrity managementClaim support/Expert witnessCoating specificationCoating strategiesContract structureFailure investigationProductivity and performanceRegulatory supportShipboard system interactionTraining for managers/site teamsTender evaluation/RFQ’s

Unbiased coating specification adviceRecommendations based on a review of options offered by all paint company based on– Vessel or platform activity– Performance expectation– Technology– Track record– Commercial considerations

Advice on guarantees

Unbiased specification preparation

MarineBulk Carrier - Vessel under 1 year old.

Corrosion WBTTwo previous inspections:– One by specialist coating contractor & another by an

inspection company– Both agreed extent of breakdown 1% of total area within

the warranty therefore no claim. Owner contacted Safinah for another inspection.Safinah concluded that:– There would not be any added for the customer of another

inspection – Proposed a review of the documentation to see if there was a

legitimate technical claim

Findings:– Dft varied from 60 um to over 600 um - Poor QC by yard. – Low dfts areas were the source of the breakdown and likely tog

et worse. Client claim was succesfull

Ships and Marine Clients

Aircraft Carrier Alliance, AP Moller Maersk, Aus Navy LHD programme, BAe Marine, STX Europe, Ferrostaal, Fincantieri, General Dynamics, IHC Merwede Group, Japan Ship Centre, Japan Shipbuilding and Research Assoc. Meyerwerft, MOD(N), MOLNG, Military Sealift Command, Muehlhan, Navsea, Oceanwide Shipping, STX Korea, STX China, Teekay, Thales Naval, Unicom Ship Management, Vroon Shipping.

Yacht

Our ServicesAnalytical workClaim support/Expert witnessContract reviewFailure investigationFunctional specificationsPaint selectionOversight and project controlTotal coating project managementTrainingStandards Yard productivity audits

YachtAl Said Mega Yacht

Analysis of what is really happening

Owner complained of yellowing of coating

External analysis stated sand on the surface of the paint. (Believable as vessel moored near arid conditions)

However, Safinah’s analysis indicated that the TiO2 particles used in the paint are coated with silica.

External analysis house did not understand coating formulation technology so didn’t understand the results of their own analysis!

Yacht Clients

Abeking and Rasmussen, Blohm and Voss, Burgess Yachts, Burness Corlett 3 Quays, Feadship, Fraser Yachts, Heesen Yachts, Hill Dickinson, ISA Ancona, Jotun, Lighthouse Marine, Mariotti, Mankiewicz, MY Sea Century, MY Skat, MY Solemar, Vulcan Inc, Pinmar, Platinum Corporation, Project Orca, Royal Oceanic, Zorin Enterprises.

Industrial and Energy

Our ServicesAnalytical and testingAsset integrity managementCoating process assessmentFailure investigationFunctional Specification/StrategiesMarket studiesProject managementTraining

Industrial and Energy

Reduced Claim to Insurer by 50%:

Catastrophic coating failure on 3 platforms. – Problem due to surface preparation and

contamination

Oil major claimed $80 million against Insurance company , Safinah’s client

Safinah: – Reviewed the proposed repair specification– Reduced claim to insurer by 50% by providing a repair

procedure which would provide the level of protection required without increasing risk.

Industrial and Energy Clients

Babcock International Group, BG Group, Braemar Steege Ltd, Chicago Bridge and Iron, Eon Ruhr Gas, GE Energy, Hamworthy, Hilti Corporation, Lloyds Insurance Syndicates, Matthews Daniel, NEI Treatment Systems inc, Oceansaver AS, Petrofac, VT-Mantech, Zurich Global Energy.

642 contracts / projects to date111 shipping projects54 industrial and offshore projects90 legal and arbitration cases>20 expert witness casesOther projects include market surveys, raw material and product launch support

Track Record and Experience

IndependentQualifications of team e.g. to act as Expert WitnessesExperience and Knowledge of teamDedicated resource i.e. full focus on individual projects

Safinah: Key Benefits to Clients

Any questions?