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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


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


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. 


New Mega Containership for Hapag-Lloyd

Tsingtao Express deployed between Europe and Far East Hapag-Lloyd AG has expanded its fleet with another containership. The Tsingtao Express was named in Qingdao, China. It can carry 8,750 standard containers. The Tsingtao Express, named in the Port of Qingdao, is the second newbuilding that Hapag-Lloyd has integrated into its fleet in 2007. Five more vessels will follow until 2008. The Hamburg-based shipping line now has a globally deployed fleet comprising about 140 ships capable of


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


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


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


Port of Le Havre Calls for EOI for Storage Facility

STORAGE FACILITY FOR LIQUID BULKS AT THE PORT OF LE HAVRE

  Port of Le Havre has called Expression of Interest (EOI) for Storage facility for liquid Bulks to be set up inside the port. The Grand Port Maritime du Havre (GPMH), a State-owned public corporation, which has taken over the rights and duties of the ‘Port Autonome du Havre’


Asean Raps Chinese Sea Aggression

Photo by Asean

Southeast Asian foreign ministers have expressed concern at Chinese land reclamation in the disputed South China Sea, as the Philippines urged them to stand up to Beijing, reports AFP.  The statement came after Manila warned fellow members of the Association of Southeast Asian Nations


Cutlass Express 2015 Commences

Indian Ocean nations and several international organizations gather for the beginning of the fourth iteration of the multinational maritime Exercise Cutlass Express, Jan. 28, 2015.

  Maritime forces from East Africa, South Africa, Europe, Indian Ocean nations, the United States and several international organizations began the fourth iteration of the multinational maritime Exercise Cutlass Express, Jan. 28, 2015.


US Wants Japan to Patrol South China Sea

Courtesy: Japanese Ministry of Defense

 Admiral Robert Thomas, senior U.S. Navy officer and commander of the Seventh Fleet and the top U.S. navy officer in Asia, has told Reuters that the United States would welcome operations conducted by the Japanese Self-Defense Forces in the South China Sea


Condor Ferries Sells 2 Vessels to Greek Firm

 Condor Express (Image courtesy: Condor Ferries)

Condor Ferries has confirmed it is selling two ferries - Condor Vitesse and Condor Express - to make way for the new super ferry.  The vessels, built in Tasmania in 1997 and 1998, have been sold to Greek firm Seajets for an undisclosed sum


Exercise Obangame Express 2015

Planners from more than 20 African and European maritime nations attend a final planning conference in Garmisch-Partenkirchen, Germany, for Exercise Obangame Express Jan. 12, 2015. The exercise will take place in the Gulf o

  Maritime professionals from more than 20 maritime nations met in Garmisch-Partenkirchen, Germany, to finalize plans for Exercise Obangame Express 2015, Jan. 12, 2015. During the four-day meeting with representatives from 13 African nations, eight European nations, the U.S


PSA Container Throughput Up

Tan Chong Meng Gtoup CEO of PSA

  PSA International Pte Ltd (PSA) handled 65.44 million Twenty-foot Equivalent Units (TEUs) of containers at its port projects around the world for the year ending 31 December 2014. The Group’s volume increased by 5.8% over 2013 with the flagship PSA Singapore Terminals contributing 33


JNPT Achieves Higher Productivity in 2014

( L- R) N.N.Kumar, Chairman, JNPT, announces  the operational results (center). Also seen are A.K.Bose, Chief Manager(traffic), Neeraj Bansal, Dy. Chairman, S.K.Kaul, Chief Manager(Admn.)& Secy.

  At a meeting with the Port customers and other stake holders/ agencies, the Chairman, JNPT, N.N.Kumar, announced the  performance  achieved by JN Port in calendar year 2014 totalled 64.42 million tonnes. This year container handling was 4


CMA CGM Adds New Orleans to Weekly Service

The CMA CGM Auckland works cargo at the Port of New Orleans Napoleon Avenue Container Terminal recently. (Photo: Port of New Orleans)

Shippers will soon have new direct weekly options to Europe from the Port of New Orleans.   CMA CGM, the world’s third-largest container carrier, will add the Port of New Orleans to its Victory Bridge Service. The service is scheduled to launch February 2 with the arrival of the CMA


Maritime Dispute an Issue for Entire ASEAN, Says US

Image: Department of Foreign Affairs, Philippines

The South China Sea took center stage at the Bilateral Strategic Dialogue between the United States and the Philippines held in Manila, as China continues to engage in "massive" construction activities in the disputed area. Both the countries jointly expressed their concern over recent


FMC Commissioners Meet with China Transport Officials

Wang Jianmin, Vice President of the Shanghai Shipping Exchange and Commissioner Richard A. Lidinsky, Jr.

Federal Maritime Commissioners Richard A. Lidinsky, Jr. and William P. Doyle met with transportation officials from China on January 14, 2015 in Washington, D.C. Members of the delegation included Professor Yu Shicheng, Chairman of the Shanghai Maritime University Council and Director of the


UN Mulls Treaty for Maritime Biodiversity

Global distribution of Large Marine Ecosystems.  Photo credit: NOAA, United Nations

United Nations has agreed to convene an intergovernmental conference aimed at drafting a legally binding treaty to conserve marine life and govern the mostly lawless high seas beyond national jurisdiction.  By calling to preserve vast areas threatened by pollution


Britain to Ban Fracking in National Parks

Britain said on Monday it would ban fracking in national parks, reversing a policy announced last year, in a concession to the opposition Labour Party which had called for tighter controls to be written into law.   "We have agreed an outright ban on fracking in national parks


COSCO Piraeus Pier III Inaugurated

The Inauguration of the Expansion of Pier III of PCT Successfully Convened

  The Inauguration of the Expansion of Pier III of COSCO Piraeus Container Terminal(PCT) was held yesterday. Premier Li Keqiang of China sent a congratulatory message, which was read by Mr. Zou Xiaoli, Chinese Ambassador to Greece during the ceremony


Matiss Backs European Shipping Week

The Presidency of the Council of the European Union has granted official patronage to the forthcoming European Shipping Week (ESW) which will be held in Brussels during March 2‐6, 2015. This support joins the European Parliament’s official patronage by its President, Martin Schulz






 
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