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Contract Status

Rowan Provides Contract Status of Offshore Rigs

Rowan Companies, Inc. announced that the current contract status of its offshore drilling fleet. In the Gulf of Mexico: Gorillas II, III, IV and VI are each operating under well-to-well contracts. Eastern Canada - Gorilla V completed a one-well contract on September 18 and is now in Halifax Harbor. Though the outlook for 2003 is favorable, the near-term outlook for additional work offshore eastern Canada is uncertain. North Sea - Gorilla VII completed a contract as an accommodation unit on September 12 and is currently under contract for a short-term construction program in the Norwegian Sector. With several bids in process, the near-term outlook for additional work in the North Sea, while uncertain, is, for the moment, more promising than eastern Canada. Other Rigs: The company's remaining 18 rigs in the Gulf of Mexico are under well-to-well contracts.


Transocean Provides Update On Fleet Contract Status

Transocean Inc. announced that its report of drilling rig status and contract information covering the company's offshore drilling fleet has been updated as of May 1, 2007. Drilling rig status and contract information on Transocean Inc.'s offshore drilling fleet has been condensed into a report titled "Transocean Fleet Update," which is available through the company's Worldwide Web address at www.deepwater.com.


Corps of Engineers Hopper Dredge Report

The U.S. Army Corps of Engineers released the report that it submitted to Congress on its Hopper Dredge Fleet. The Corps owns and operates four hopper dredges. The report recommends that one dredge be retired and another one be kept in ready reserve status. A combined fleet of government and contracted dredges are used to keep U.S ports and waterways open for navigation. Source: HK Law


Transocean Provides New Fleet Update Summary

Transocean Inc. issued a new monthly fleet update summary covering only newly signed contracts, significant changes to existing contracts and changes to estimated out of service time of 60 days or more since our fleet status report dated August 5, 2008. Drilling rig status and contract information on the company's offshore drilling fleet has been condensed into a report titled "Transocean Fleet Status Report," which is available through the company's Worldwide Web address at www


Todd Shipyards Contract for USCGC Polar Star

Todd Shipyards Corp. announced that the U.S. Coast Guard has awarded to its subsidiary, Todd Pacific Shipyards Corp., a $16,008,228 modification to previously awarded contract HSCG85-09-C-6BX667 in support of USCGC Polar Star's (WAGB-10) reactivation since being in "Caretaker Status" nearly four years. According to a release, repairs and alterations performed during the planned dry-docking availability of the icebreaker are in the third phase of the cutter's overhaul


Rig Fleet Status, Contract Update, from Transocean

Transocean's current status & contract information for the company's entire fleet of offshore drilling rigs. The value of new contracts or extensions since the December 17, 2012 fleet update summary is approximately $235 million. Estimated 2012 out of service time decreased by a net 15 days.  Estimated 2013 out of service time increased by a net 205 days, including 253 days to reactivate the Sedco 712 in anticipation of potential contracts. Highlights are as follows:


IACS Website Tracks Thickness Measurement Companies

A new initiative, for closer monitoring of steel thickness measurement companies, has been taken by the International Association of Classification Societies (IACS). Under a new Procedural Requirement (PR 23), which took effect on 1 August, all IACS members are obliged to report any change in the status of approval of TM companies. A full list of thickness measurement (TM) companies approved by IACS members is now available on the IACS Website (www.iacs.org.uk)


Coast Guard Establishes Mariner Website

The Coast Guard launched a website to provide merchant mariners with real-time information on the status of pending mariner credential applications. Merchant mariners can check the status of application packages throughout the verification and approval process by logging onto http://homeport.uscg.mil/, clicking on the Merchant Mariners tab and then clicking on Merchant Mariner Application Status. When application information is entered


Diver Down!!! An Exception to the General Test for Seaman Status?

By James P. Nader & Joseph A. Poblick Once again we take that familiar voyage know as "determining seaman status." No matter how familiar the voyage there are always changes in the currents which guide your path. Seaman status is important because only a seaman may receive maintenance and cure, and pursue a claim for Jones Act negligence or unseaworthiness. The basic requirements for seaman status are well established in maritime law


Transocean's Latest Rig Fleet Update

New contracts, significant changes to existing contracts, and changes in estimated planned out-of-service time of 15 or more days since April 18, 2013 are included. Highlights are as follows: Deepwater Millennium - Awarded a two-year contract for work offshore Australia at a dayrate of $605,000 ($442 million estimated contract backlog).  The rig's prior dayrate was $545,000. Estimated 2013 out-of-service time increased by a net 117 days


Hyundai Heavy Industries to Build 'Connected Smart Ships'

Collaboration will help shipbuilding company offer built-in digital technologies to improve operational efficiency and decision making processes for ship owners   Shipbuilder Hyundai Heavy Industries is collaborating with technology service provider Accenture to design a ‘connected


Gazprom becomes Public Joint Stock Company

Gazprom headquarters in Moscow

  The procedure of renaming Open Joint Stock Company (OJSC) Gazprom into Public Joint Stock Company (PJSC) Gazprom has finished. The change in the Company's legal status is reflected in the new version of the Articles of Association approved by the annual General Shareholders Meeting on


Magnolia Inks deal with Meridian

Magnolia Meridian-LNG deal

  Liquefied Natural Gas Ltd informed that its 100% owned project company, Magnolia LNG, LLC signed a legally binding agreement with Meridian LNG Holdings Corp for firm capacity rights for up to 2 million tonnes per annum (mtpa) at Magnolia LNG


New Load Measurement Solution for Port of Dampier

Photo courtesy of Strainstall

Strainstall designs and delivers a load measurement solution for the world’s largest floating wharf at Port of Dampier.   Strainstall, part of James Fisher and Sons plc, was commissioned to design and deliver a load monitoring system for the Dampier Floating Deck - the world’s


Diamond Offshore to Release Quarterly Fleet Status Report

Photo: Diamond Offshore

Diamond Offshore Drilling, Inc. informs it will issue its future fleet status reports each calendar quarter concurrent with the release of its quarterly earnings.   Diamond Offshore has historically issued its fleet status reports on a monthly basis


EIA to Sharpen US Weekly Oil Numbers with Real-time Export Data

The U.S. Energy Information Administration (EIA) has been granted access to real-time oil export information for the first time, allowing it to improve weekly estimates of fuel demand at a time of intensifying scrutiny of energy data.  


ICT Tools Boost Terminal Capacity, Shrink CO2 Footprint

Photo: EcoHubs

The EU funded EcoHubs R&D project (Environmentally COherent measures and interventions to debottleneck HUBS of the multimodal network favored by seamless flow of goods) has delivered a number of ICT tools which can increase capacity at ports and terminals


MCC Looking into San Diego Terminal Development

The Port of San Diegos Tenth Avenue Marine Terminal specializes in three cargo areas: Break Bulk, Refrigerated Containers and Bulk. The Port has entered a conditional agreement with Mitsubishi Cement Corporation for potential future operations. (Photo: Port of San Diego)

 As part of strategic efforts to increase cargo business at the Port of San Diego, the port has entered into a conditional agreement with Mitsubishi Cement Corporation (MCC), one of the largest cement companies in California, for potential future operations at Tenth Avenue Marine Terminal.


GNS Expands its Voyager Suite

Maritime services group Global Navigation Solutions (GNS) will unveil its new Voyager suite of products that for the first time connects ship and shore through one e-navigation solution.   Scheduled to debut at events in London, Singapore and Hamburg on June 17, 18 and 19


Transocean Delays Drillships

Image: Transocean Ltd

 Transocean Ltd, the world’s largest offshore driller, has delayed delivery of two new ultra-deepwater drillships, the company announced.   The company amended its drillship construction contracts ($540 million each) with Jurong Shipyard, a subsidiary of Sembcorp Marine


Liebherr Cranes for Port Lafito

Photo: Port Lafito

  GB Group announced that Port Lafito welcomed the arrival of two new Liebherr LHM 420 mobile harbor cranes that are now fully operational. The cranes aim to boost efficiency and are the first of their kind in the Caribbean. The Liebherr cranes were selected by Port Lafito due to their


SevenCs Launches New ECDIS Kernel

Image: SevenCs

The new version of the SevenCs ECDIS Kernel SDK (Software Development Kit) 5.20 has been designed to meet all future requirements of the latest international standards to reduce implementation irregularities and improve the overall usability of chart display systems (IEC 61174 Standard edition 4


Ships Still at Risk in Libya Ports

The restructuring of port facilities in Libya will only take place when a unity government is in place, says British maritime security company MAST.   “UN sponsored unity government negotiations appear to have stalled for now, with the Tripoli government withdrawing from the talks


Proposed UK Non-dom Tax Changes, No Need to Panic

Gill Smith (Photo: Moore Stephens)

Shipping should not panic in wake of proposed U.K. non-dom tax changes, Moore Stephens says Shipowners likely to be affected by wide-ranging changes to the taxation of non-U.K.-domiciliaries introduced in the U.K. Summer Budget have been urged not to panic by international accountant and


Greece Hikes Shipping Tax

Image by Polish Embassy in Athens

 Greece has submitted a fresh proposal which includes hiking shipping taxes and to gradually remove the industry's special tax status to the EU in a bid to secure a 53.5 billion euro ($59bn) rescue package to help cover its debts until 2018 and stave off bankruptcy.  






 
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