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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


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. 


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


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


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


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


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.  


Seaward Services Concludes 15-year Westpac Express Work

Seaward Services, an HMS Global Maritime company, recently marked the end of a 15-year working relationship with Austal on the Westpac Express project. Seaward Services was awarded a contract in 2001 to provide operations, maintenance and technical management. Effective June 1, 2016, while another company has taken over the charter of the vessel, Seaward Services will continue its operations, maintenance and technical management of the Westpac Express.   


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


Maersk Takes Business from India to East Africa Faster Than Ever Before

Map: Maersk Line

 The Mawingu Express, Maersk Line's direct service from India to Kenya, offers the fastest transit times in the market and better port coverage to bring business closer to East Africa.   "Through our global connections coupled with superior customer care and market expertise


CMA CGM to Upgrade its EURAF Services

Map: CMA CGM

 In a continued effort to provide increased reliability and quality service in a challenging environment, CMA CGM Group is strengthening its coverage of Europe to West Africa with the addition of the direct call in Cameroon on its EURAF 5 service and the EURAF 4 service upgrade connecting


High Speed Solid State S-band Delivered for US Ferry

Photo: JRC

A Solid State S-band radar with 8-ft antenna and high speed rotation – reportedly the world’s first and smallest – has been installed by JRC for the high speed car/passenger ferry Lake Express. The 192-ft USCG-inspected Subchapter catamaran travels at a service speed of 34-knots


China Loses on South China Sea Ruling

The United States urged all parties to avoid provocative statements or actions after an arbitration court ruled on Tuesday that China has no historic title over the waters of the South China Sea.   "The decision today by the Tribunal in the Philippines-China arbitration is an


Maersk Line Mulls India-East Africa Business with Mawingu Express

Image:  Maersk Line

 The Mawingu Express, Maersk Line's direct service from India to Kenya, offers the fastest transit times in the market and better port coverage to bring clients closer to East Africa, claims the company.   "Through our global connections coupled with superior customer care and


Kudos for Norsafe from Australian Navy

Courtesy Norsafe

Norsafe Receives High Praise from Australian Navy Norsafe, global leader in marine life-saving equipment, has received a glowing recommendation from the Australian Navy for the quality of its lifeboat servicing on one of the Navy’s replenishment vessels HMAS Sirius.


CMA CGM to Reshuffle its India Middle East Gulf Route

Map: CMA CGM

 In a continued effort to provide increased reliability and quality services in a challenging environment, CMA CGM will reorganize its services connecting India Middle East Gulf to East Africa strategic markets.   Starting mid July 2016


Recent Vessel Sales - June 2016

    Vessel sales for June 2016 (as of July 1) as prepared by Shipping Intelligence, Inc., New York.   Date Reported - Vessel Name - DWT - Built - (Age) - Price in Millions USD   Bulk Carriers 6/28 - LIAN RUN 6 - 2,359 - 06 - (10) - $2.1


Germany Accedes to Treaty Covering Fishing Vessel Safety

Photo: International Maritime Organization (IMO)

 International Maritime Organization (IMO)'s work to enhance fishing vessel safety received a boost today when Germany became the sixth State to accede to the 2012 Cape Town Agreement.    The Agreement involves a basic set of safety measures for larger high seas fishing vessels


Maersk Announces New South Pacific Express

Map: Maersk

 Maersk Line is launching a new ‘South Pacific Express’ service between Oceania and the West Coast of South America.   "We are pleased to launch our new weekly ‘South Pacific Express’ service between Oceania and the West Coast of South America


Waterway Reopened after Barge Grounding

The U.S. Coast Guard has opened the Red River from mile marker 40 to mile marker 42 for vessel traffic, Monday.   The Red River had been closed due to a barge that had run aground at mile marker 41, Sunday.   The Red River Express successfully lightered the grounded barge and


MSC-Peel Ports Partner on Liverpool2 Trials

MSC Vessel Courtesy Liverpool2

Marine-based commissioning work is now underway at Liverpool2, with Mediterranean Shipping Company (MSC) committing vessel support to Peel Ports to help make the trial a success. Berthing and marine trials began last week with MV MSC Nederland and will be followed by a variety of cargo handling


Red River Closed after Barge Grounding

The Red River was closed Sunday from mile marker 40 to mile marker 42, after a barge reportedly ran aground and was protruding into the channel near mile marker 41, according to the U.S. Coast Guard.   The river is closed to all vessels


Matson Launches US West Coast - South Pacific Service

Matson’s new South Pacific Express will link Pacific networks via Honolulu    U.S. carrier in the Pacific Matson, Inc. has introduced a new containership service between the U.S. West Coast and ports in Samoa, American Samoa, Tonga and Fiji.  


DMCA Showcases Local Maritime Leadership

Dubai Maritime City. Pic: Dubai Maritime City Authority

 Dubai Maritime City Authority (DMCA) showcased Dubai's global maritime leadership in the presence of a high-level delegation from City of Glasgow College who commended the manner in which the outstanding experiences of the UAE maritime sector has transformed it into an internationally






 
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