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CAJUN EXPRESS

Ultra-Deepwater Cajun Express Contract

Transocean Ltd. (NYSE:RIG) announced that the Board of Directors of Petroleo Brasileiro S.A. (Petrobras) has approved the award of a three-year contract for the ultra-deepwater semisubmersible rig Cajun Express for operations in Brazil. Petrobras has the right within one year of contract execution to convert the three-year contract to a five-year contract. Estimated contracted revenues related to the three-year contract term and five-year contract term, if elected, are approximately $558.5m and $894.3m, respectively, depending on the date of execution of conversion. Estimated contract revenues represent the maximum amount of revenues that may be earned in the firm contract period, excluding revenues for mobilization, cost escalations, customer reimbursed equipment and miscellaneous adjustments. The contract term is expected to commence in the first quarter of 2010 following the completion of the rig's current contract. The approved contract is expected to be executed by subsidiaries of Petrobras and Transocean at least 90 days prior to the rig's arrival in Brazil.


Transocean's Latest Fleet Update

The company's update includes new contracts, significant changes to contracts, & changes to estimated times out of service. Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on deepwater and harsh environment drilling services. The value of new contracts or extensions since the January 17


Outstanding Passenger Vessels

Dinner Cruise Vessel Boasts Mega-Yacht Style Measuring 175 ft. in length, dinner cruise vessel Starship was recently delivered to Starship Cruise Lines of Biloxi, Miss. Boasting a mega-yacht style, the vessel was designed by Naval Architects Dejong & Lebet of Jacksonville, Fla., and constructed by Freeport, Fla.-based Freeport Shipbuilding. Plachter-Vogel Design provided interior architecture. USCG-Certified under Subchapter K for 600 passengers, plus 30 crew


Yacht Express Makes Debut Down Under

Dockwise Yacht Transports’ (DYT) newest ship, the 687.5-ft. (209 meter) Yacht Express, is due to arrive in next week. The largest vessel of its kind in the world, Yacht Express was purpose-built with a semi-submersible dock bay that allows yachts of any size to be safely floated on and off as cargo. The ship made its maiden voyage from , , to , in April with a mostly-megayacht load worth $154m. Twenty-five of the vessels will unload in while eight will remain in transit


Good Samaritan, USCG Rescue 1 near Grand Isle

A Good Samaritan and a U.S. Coast Guard boatcrew rescued one person from the water 19 miles offshore Grand Isle, Friday. Watchstanders at the 8th Coast Guard District command center received a 406 emergency position indicating radio beacon for the shrimping vessel Andy & Johnny Jr. Coast Guard Sector New Orleans established radio communications with the distressed vessel and issued an Urgent Marine Information Broadcast. 


Hapag-Lloyd's New Set-up in Mediterranean

Transit time

  As one of the top global carriers Hapag-Lloyd offering a comprehensive service network have announced their new service Turkey Israel Express. Furthermore Levante Express and Adriatic Express Service will offer an enhanced service to meet your requirements. The first voyage of the Turkey Israel Express will commence with the MV “Flintercoast” voyage 001EB / DP 94100, ETD Mersin, Turkey May 5, 2015


Napa, ABS Team on Safehull Express

The ongoing collaboration between Napa Ltd and ABS has culminated in the recent release of a new version of SafeHull, called SafeHull Express. SafeHull Express is used for the design and assessment of ship structures in accordance with the ABS rules. The new and upcoming versions of ABS SafeHull Express are based on NAPA technology and functions, developed through cooperation between Napa Ltd and ABS Americas. The joining of forces has resulted in the integration of a complete initial


China Shipyard Naming of Vroon Livestock Carriers

New Livestock Carrier: Photo courtesy of Vroon

Specilaist livestock carriers 'MV Galloway Express' and 'MV Ganado Express' have been named at the COSCO Shipyard in Guandong, China. These livestock carriers are the first two in a newbuilding programme of four next‑generation livestock vessels, being built for Vroon in Guangdong. The vessels have a cargo capacity of approximately 4,500 sqm and a cruising range of around 18,000 NM. They are fitted with animal-welfare facilities exceeding Australian (AMSA) regulations and incorporate a


Greyman Express Launched

Greyman Express. Photo by Vroon

 China’s COSCO Guangdong Shipyard today launched Greyman Express, the sixth newbuilding livestock carrier to be constructed for Dutch company Vroon at this yard.    Four newbuilding livestock carriers have already been delivered to Vroon and have entered service.    The fifth vessel, Gloucester Express, will be delivered later this year, with the final two vessels - Greyman Express and Gudali Express – joining the fleet in 2016.  


Maersk Line Revamps Far East/Southeast India Network

Container shipper Maersk Line has introduced two new services for its Far East/Southeast India network: the Chennai Express (CHX) and the Chennai Express 2 (CHX2).   From January 2016, the shipper will introduce two new services, a vessel sharing agreement on the Chennai Express (CHX) and slot charter agreement on the Chennai Express 2 (CHX2).   The revamped network will include a Northern China direct call, headhaul new direct port calls including Singapore, Hong Kong


Port Everglades Volumes zoom

Courtesy Port Everglades

Broward County's Port Everglades had a record-setting month in December 2016, logging 104,590 TEUs (20-foot equivalent units, the industry's standard measurement for containers), moving through the Port. This is the highest producing month in the Port's nearly 90 -year history


CMA CGM Improves India Middle East – East Africa Links

Map: CMA CGM

 In line with operational excellence and operating cost discipline, CMA CGM Group wishes to share with you the changes concerning our 2 direct weekly services connecting India Middle East Gulf to East Africa strategic markets   Starting February 20th, 2017


Nakilat Profit slips

Nakilat announced its financial results for the year ended 31 December 2016, with a net profit of QR 955 million achieved compared to QR 984 million in 2015. The earnings per share attained in 2016 was QR 1.72 compared to QR 1.77 in the same period last year


Mississippi Ports Eye Cuba, Ink Pacts in Havana

The Mississippi ports of Pascagoula and Gulfport signed agreements in Cuba on Monday with an eye to future business and with a Republican U.S. senator from the state looking on, despite concerns President Donald Trump might backtrack on improved relations.  


Vard Wins Two Ferries Contract from Torghatten Nord

Ferries for Torghatten Nord - Picture Multi-Maritime Photo VARD

Vard Holdings Limited (“VARD”)secured contracts for the construction of two LNG powered car- and passenger ferries for Torghatten Nord in Norway. The total contract value amounts to approximately NOK 600 million. The new car- and passenger ferries are designed for environmentally


INTERCARGO Supports IΜΟ on Mitigation of Global GHG Emissions

Pic: INTERCARGO

 INTERCARGO expressed its full support and total alignment with IMO Secretary-General Kitack Lim’s concerns that including shipping in the European Union’s Emission Trading System (EU-ETS) could undermine efforts to reduce greenhouse gas (GHG) emissions from ships on a global basis


Intercargo backs IMO against shipping inclusion in EU ETS

Logo

INTERCARGO expresses its full support and total alignment with IMO Secretary-General Kitack Lim’s concerns that including shipping in the European Union’s Emission Trading System (EU-ETS) could undermine efforts to reduce greenhouse gas (GHG) emissions from ships on a global basis


COSCO Shipping Holdings to Buy Qingdao Port's Shares

Photo: Qingdao Port International

 COSCO Shipping Ports and Qingdao Port International (QPI) announced to enter into the Transaction Agreement, pursuant to which COSCO Shipping Ports will make strategic investment in QPI.    Taking the proposed New H Share Issurance plan of QPI into consideration


Hapag-Lloyd Names 10,500 TEU Box Ship

(Photo: Hapag-Lloyd)

Container shipping company Hapag-Lloyd held the naming ceremony for its newest German flagged containership, the Cartagena Express, at the Hyundai Samho Heavy Industries shipyard in Samho, South Korea.   “With the Cartagena Express, yet another state-of-the-art ship of our 10


Exercise Cutlass Express to Begin

Image USN

Maritime forces from East Africa, West Indian Ocean nations, Europe and the United States, as well as several international organizations, will begin the sixth iteration of the annual multinational maritime exercise Cutlass Express, Jan. 31.


Sweden Drops Objections to Port Striking Nord Stream Deal

Sweden's government has dropped its objections to a plan by Russia's Gazprom to use the port of Karlshamn in southern Sweden as a base for the construction of its Nord Stream 2 gas pipeline, Swedish public radio reported on Monday. Officials in Karlshamn, on the Baltic sea


CMA CGM Rolls Out TURAF EXPRESS Service

Map: CMA CGM

Shipping group CMA CGM has announced the new service offer TURAF EXPRESS which directly links Turkey, Tunisia and Libya via Malta.   It is the first CMA CGM line to offer a direct connection between Northern Turkey (Istanbul, Gemlik and Aliaga) and the main Libyan ports (Misurata and El


Swedish Town Karlshamn Says 'Yes' to Gazprom Port Deal

Officials in Karlshamn in southern Sweden will allow Russia's Gazprom to use the city's port for the construction of its Nord Stream 2 gas pipeline after the government dropped its objections, the municipality said on Tuesday.   The government had earlier expressed concerns about Gazprom's


Workshop Promotes Maritime Security Cooperation in Kenya

Photo: International Maritime Organization (IMO)

 Kenyan officials involved in maritime law enforcement are taking part in a workshop and scenario-based simulation exercise in Mombassa, Kenya (31 January – 3 February).    The International Maritime Organization (IMO)-led event will enhance inter-agency cooperation in the


Richmond Express Starts Operation at RMT

Barge Photo Virginia Port Authority

The Port of Virginia’s new barge – the Richmond Express arrived in the Norfolk Harbor and scheduled to sail Sunday and be at Richmond Marine Terminal (RMT) Monday, Feb. 6. This new barge helps reduce congestion on I-64 and wear-and-tear on the road by taking trucks off of that






 
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