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Fleet Contract

Transocean Inc. Update On Fleet Contract

Transocean Inc. announced that its report of drilling rig status and contract information covering the company's 140-unit offshore drilling fleet has been updated as of January 8, 2008. Drilling rig status and contract information on the company'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. The report can be accessed from the home page of the Web address by clicking on the Fleet Update Report link found in the tool bar.


Tugboat Ordered for Service in Port of Riga, Latvia

PKL Flote to expand its Riga Port fleet , contracting Chernomorsky Shipbuilding Yard to build a 5,000 hp azimuthal tugboat The vessel is due to be delivered to PKL Flote in the summer of 2013. It is planned to operate the new tugboat in Riga port, where PKL Flote already employs a vessel of the same type – Castor – which has already proved itself very well in Riga Port. PKL intends to keep modernizing its fleet


VSE Awarded Navy Contract

VSE announced that its Fleet Maintenance Division has been awarded a contract by the Fleet Industrial Supply Center Philadelphia to support the Naval Sea Systems Command (NAVSEA) Shipbuilding Support Office and will provide engineering and technical support for ship modernization. VSE will continue work which has been ongoing uninterrupted since 1984 with contracts with NAVSEA Shipbuilding Support Office and the Philadelphia Naval Shipyard on subsequent re-competed contracts


Transocean Ltd. Provides Fleet Update Summary

transocean.jpg

ZUG, SWITZERLAND, Mar 16, 2011 (MARKETWIRE via COMTEX) -- Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today issued a 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 update summary of February 10, 2011 and our quarterly fleet status report dated January 13, 2011. Drilling rig status and contract information on the company's offshore drilling fleet has been


SAIC Gets USN $21-million Contract

Science Applications International Corporation (SAIC) to provide operational & environmental support to United States Fleet Forces Command (USFF). The contract with the United States Navy is to provide operational and environmental support for fleet training range complexes for the United States Fleet Forces Command (USFF) and Commander, United States Pacific Fleet. The single-award firm fixed-price contract has a one-year period of performance, four one-year options


MAN PrimeServ Wins EMC Fleet Contract

Dr. Tilmann Greiner, Head of PrimeServ Hamburg: Photo credit MAN

MAN Diesel & Turbo has signed a significant engine maintenance concept (EMC) agreement with German shipowner Rörd Braren covering 3 ships. MAN PrimeServ – MAN Diesel & Turbo’s after-sales service brand – recently agreed a closer, mutual cooperation between its Hamburg and Copenhagen hubs covering the EMC. The new arrangement between the two locations immediately bore fruit with Rörd Braren signing an agreement for the servicing of electronically controlled


BAE Awarded Military Sealift Contract

BAE Systems, Norfolk, Va., is being awarded a $6.7m firm-fixed-priced contract for a 60-calendar day regular overhaul and drydock of Military Sealift Command's fleet replenishment oiler USNS Leroy Grumman (T-AO 195). Grumman provides underway replenishment of fuel to U.S. Navy combat ships at sea, enabling them to remain deployed for extended periods of time. This contract includes options which, if exercised, would bring the cumulative value of the contract to $7.9m


SpecTec Russia, Kazmortransflot Sign Contract

Kazmortransflot is a shipping subsidiary of KazMunaiGaz - a national Oil & Gas company of Kazkhastan. Kazmortransflot has a fleet of tankers, barges, and tugboats. The objective of Kazmortransflot is the creation and development of the national sea merchant marine fleet which contributes significantly to the maintenance of transport independence in the Republic of Kazakhstan. The company will invest in construction and acquisition of tankers, dry cargo fleets and support fleets.


Transocean Ltd. Provides Fleet Status Report

Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today issued an updated Fleet Status Report which provides current status and contract information for the company's entire fleet of offshore drilling rigs.     This Fleet Status Report also includes additional information regarding certification of well control equipment. The report can be accessed at www.deepwater.com by clicking on the Fleet Status Report link found in the toolbar


Transocean Fleet Update Summary

Transocean Rig: Photo credit Andrew Dowsett-Oil Rig Photos

Transocean's fleet update summary includes new contracts, significant changes to existing contracts, and changes in estimated OofS time. The value of new contracts or extensions since the November 18, 2012 fleet update summary is approximately US$119=million. Estimated 2012 out of service time (OofS increased by a net 40 days, including 22 days to complete repairs on the Henry Goodrich and 19 days to complete work scope on the GSF Explorer


Damen Builds Cable Installer For Maersk Supply Service

Photo: Damen

New Damen-built vessel for Maersk Supply Service to undertake long-term charter with DeepOcean   A newbuild DP2 cable installation vessel, Maersk Connector, was handed over from Damen Shipyards Group to Maersk Supply Service on February 4, 2016


VT Halter Delivers ATB Tug to Bouchard

M/V Morton S. Bouchard Jr. on sea trials (Photo: VT Halter Marine)

VT Halter Marine, Inc. announced the delivery of the M/V Morton S. Bouchard Jr., the first of the two 6,000 horsepower Twin Screw Articulated Tug Barge (ATB) tugs to Bouchard Transportation Co. Inc.    Measuring 130 feet by 38 feet by 22 feet, the M/V Morton S. Bouchard Jr


Indian Navy Shows Off Strength

President Pranab Mukherjee and Prime Minister Narendra Modi on board the INS Sumitra. Photo: PIB

 India’s naval might was on full display off the coast of Visakhapatnam today (Saturday) as President Pranab Mukherjee reviewed the naval fleet.   Mukherjee, the Supreme Commander of the Armed Forces, was accompanied by Prime Minister Narendra Modi and Defence Minister Manohar


MISC Bhd: Revenue Up

Puteri Firus, LNG Shipping. Photo: MISC Berhad

 Malaysia International Shipping Corporation Berhad (MISC Berhad), a shipping arm of Petronas, has seen an increase of 12.3 percent in its net profit for the 2015 full year financials when compared to 2014.   The liquefied natural gas (LNG) shipper said the higher earnings compared


Navios Maritime Posts 4Q Profit

Photo: Navios Maritime Midstream Partners LP

 Navios Maritime Midstream Partners LP (NAP) on Wednesday reported fourth-quarter profit of $9.1 million. On a per-share basis, the company said it had profit of 44 cents.   The operator of contracted crude oil tankers posted revenue of $25.8 million in the period


Containership Charter Market: Back To The Bottom

Graphics: Clarksons Research

 The dust has now settled on the brief rally and subsequent dramatic downturn of the containership charter market in 2015, says  Clarksons Research.   After a good few years in the doldrums, last year saw some fairly animated movements in boxship charter rates


G E Shipping Acquires Product Tanker

Photo Courtesy GE

The Great Eastern Shipping Company Ltd. (G E Shipping) took delivery of a 2005-Japanese built Medium Range Product Tanker “Jag Padma” of about 48,000 dwt. The company had contracted to buy the ship in December 2015. With the inclusion of the vessel


Drewry: Dry Bulk Shipping Needs Drastic Measures

Dry bulk shipping is facing a perfect storm and requires drastic supply side measures if the industry is to return on course to profitability in the medium term, according to the latest edition of the Dry Bulk Forecaster report published by global shipping consultancy Drewry.


U.S. Navy Commander Guilty in Corruption Scandal

A U.S. Navy commander charged with accepting paid travel, prostitutes and Lady Gaga concert tickets from a Malaysian defense contractor in exchange for classified information pleaded guilty on Thursday to federal corruption charges. Commander Michael Vannak Khem Misiewicz appeared in U.S


Slashed Charter Rate for Diana's m/v Houston

Courtesy Diana Shipping

Diana Shipping Inc. a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with SwissMarine Services S.A., Geneva, for one of its Capesize dry bulk vessels


NYK Line Posts Loss on Dry Bulk Fleet Revaluation

Image: NYK Line India

 Japan's Nippon Yusen Kaisha (NYK) has posted a $277.5mln extraordinary loss in the third quarter of year ended 31 March 2016 as it reduced the book value of its fleet inline with current market prices and expectations. The extraordinary loss came after it re-assessed the recoverable value of


Maybulk Issues Profit Warning

Photo: Malaysian Bulk Carriers

 Malaysian Bulk Carriers Bhd (Maybulk) is forecasting significant losses for the fourth quarter of 2015 and the financial year ended December 31, 2015 amid depressed market condition.   Maybulk, which operates the country’s largest fleet of dry bulk vessels used for international


Atlantis Tankers Orders 10 Optimarin BWTS

Image: Optimarin

Optimarin has consolidated its position within the EX approved ballast water treatment (BWT) segment with a 10 vessel contract from Atlantis Tankers Group and its management arm Armona Denizcilik, the company announced. The Norwegian BWT specialist will now provide its solution to two newbuildings


GE Extends Royal Canadian Navy Contract

Photo courtesy of GE Canada

GE Canada announced it recently extended a contract with Public Services and Procurement Canada to provide maintenance and logistics support services for a 15th year. The contract covers the Royal Canadian Navy’s (RCN) fleet of LM2500 aeroderivative gas turbines that power Halifax-class


Scot Tanker Opts for MarineLine Coatings

Contract signing at Scot Tanker’s office in Istanbul (Photo: Advanced Polymer Coatings)

Advanced Polymer Coatings (APC) has signed a contract with Scot Tanker, based in Istanbul, Turkey, for up to eight chemical tanker retrofits using the patented MarineLine polymer cargo tank coating system.   These eight chemical ships became available on the market and were purchased by






 
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