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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


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


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


Hi-speed Subsea Drill Reaming System Success

Statoil G-4 AHT2 rig floor: Photo credit Deep Casing Tools

Aberdeen-based Deep Casing Tools, completes  first operation of its 'Turbocaser' in the Norwegian North Sea, with a successful 21 hour reaming run. The Turbocaser™ Express is a high-speed drillable reaming system that enables drilling teams to land casings and intermediate liners at target depth first time. Two conventional attempts to run a 7” liner to total depth (TD) had been unsuccessful in the Statoil operated Gullfaks’ satellite well


News: Austal Launches Lake Express

On March 20, Austal USA launched its seventh and largest vessel to date. Lake Express, a 192 ft. high-speed vehicle-passenger ferry rolled out of Austal's purpose-built aluminum shipbuilding facility in Mobile, Ala., and into the Mobile River. "This project is a further step in building up capacity and capability at Austal USA which will stabilize our efforts to be a major contender in larger contracts in both the commercial and military markets," said Austal USA CEO, Greg Metcalf


Guadeloupe Operator Orders Repeat Austal Ferries

Photo courtesy Austal

Guadeloupe-based ferry operator L’Express des Iles has selected Austal to design and construct two 154-ft high speed catamaran ferries. The order consists of one vehicle-passenger ferry and one passenger ferry, and is the company’s third contract with Austal since 1997. The vessels are intended to operate from Guadeloupe to the Caribbean islands of Marie Galante, Dominique, Martinique and St Lucia, where they will provide an important inter-island link for tourism and trade


PSA Commissions new Dammam Terminal

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  Saudi Global Ports LLC (SGP), a joint-venture company formed between the Public Investment Fund (PIF) of the Kingdom of Saudi Arabia and PSA International (PSA) started its commercial operations this month, at the second container terminal in the King Abdul Aziz Port in Dammam


Zim Offers Asia-US east coast service via Suez

Graphics: Zim Integrated Shipping Services

 Israeli liner carrier Zim Integrated Shipping Services is launching a new service between Asia and the U.S. East Coast via the Suez Canal at the end of May.   The 10-ship loop will call in South China, Vietnam, Colombo, New York, Savannah and Norfolk


Philippine VP Open to Exploring for Oil with China in Disputed Sea

Jejomar C. Binay

Philippine Vice President Jejomar Binay, considered a front-runner for the presidency in 2016, said on Thursday he would welcome a joint venture with China to explore for oil and gas in disputed areas of the South China Sea.   Binay's stance is in contrast to President Benigno Aquino


UN Security Council Concerned by Mediterranean Migrant Smuggling

The United Nations Security Council expressed grave concern on Tuesday at the growth in people smuggling in the Mediterranean Sea and deplored Sunday's deadly shipwreck of migrants trying to reach Europe that may have killed as many as 900 people.  


SAAM SMIT Towage Brazil Signs on with Helm

Helm Operations has signed on Brazilian harbor services company SAAM SMIT Towage to its Helm Marine Operations software to manage its billing and dispatch.    SAAM SMIT Towage started towage operations in Brazil in 2008 and is now active in eight ports and terminals


Khamenei Says Iran Nuclear Weapons are a U.S. "Myth"

Irans Supreme Leader Ayatollah Ali Khamenei

 Iran's Supreme Leader Ayatollah Ali Khamenei told military commanders on Sunday the United States had created the "myth" of nuclear weapons to portray Iran as a threat, hardening his rhetoric before nuclear negotiations resume this week.


China Snubs G7 Declaration on Sea Row

Foreign Ministry Spokesperson Hong Leis Regular Press Conference on April 17, 2015: Ministry of Foreign Affairs, the Peoples Republic of China

 Reacting to recent declaration of  the Group of Seven (G7) major nations' Foreign Ministers on maritime , China said “the situation of this region is generally stable, and relevant cooperation has been moved forward with positive results.”  


Founder & Chief of CMA CGM Decorated by French President

Jacques Saadé

  The CMA CGM Group is pleased to announce that the French President François Hollande has decorated Mr Jacques R. Saadé, the CMA CGM Group Founder, Chairman and Chief Executive Officer, Commander of the National Order of the Legion of Honor.


Iran to Launch Home-Made Submarine Soon

Iranian submarines. Pic by Ettelaat

 Iranian Navy Commander Rear Admiral Habibollah Sayyari says the Islamic Republic will soon launch a new domestically-manufactured submarine.   "The Navy's new submarine will be launched soon," Iran's state-run news agency quoted Rear Admiral Sayyari as saying


Terragon: Next-Step in Ship Waste Handling

V7 HMI  Loading Drums

Terragon Environmental Technologies Inc., a developer of waste-to-resource technology solutions, has entered into a strategic partnership with Green Marine Capital (GMC). Terragon CEO and Co-founder Dr. Panayotis Tsantrizos said the partnership will allow the company to commercialize its products


LNG Barge: Conrad to Build Historic First

The first 2,200cbm LNG Barge for North America will deliver in 2016. Image: GTT

WesPac Midstream LLC (WesPac) and its affiliate Clean Marine Energy LLC (CME), announced a construction contract with Conrad Orange Shipyard, Inc., a division of Conrad Shipyard, LLC, to build the first dedicated LNG bunker barge for the marine market in North America. The first 2,200 cu. m


Japan May Build Seaport in Indonesia

Image:  Pt. Sanba Industries Indonesia

 Japan is still interested to build a seaport in Indonesia after its plan to build the Cilamaya seaport was cancelled, reported Antara News as Indonesian Ambassador to Japan Yusron Ihza Mahendra saying.   He said he was confident that Japan was still interested to build a seaport


Zambia is Newest IMO Member State

IMO Secretary General Koji Sekimizu with His Excellency Paul William Lumbi, High Commissioner of the Republic of Zambia to the United Kingdom (Photo: IMO)

High Commissioner visit marks Zambia’s membership of IMO   His Excellency Paul William Lumbi, High Commissioner of the Republic of Zambia to the United Kingdom, on Wednesday, April 8 paid a courtesy visit to the Headquarters of the International Maritime Organization (IMO)


China to Link Maritime Silk Road with India's 'Mausam'

Map: PIB

 China has expressed its readiness to work with India to link its ambitious Maritime Silk Road plans with India's 'Mausam' project in a bid to address New Delhi's strategic concerns and derive "common benefits", reports PTI.  


Taiwan Pushes for Local Submarine Program

Image: Taiwan Navy

 Taiwan's president, Ma Ying-jeou, reiterated Taiwan's determination to push ahead with its domestic submarine program to modernize its fleet and bolster the country's defense capabilities.   Reiterating Taiwan's effort to develop its own home-grown submarine program






 
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