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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


GasLog Post 4Q 2014 Results

GasLog

  GasLog Ltd. and its subsidiaries an international owner, operator and manager of liquefied natural gas carriers, today reported its unaudited financial results for the quarter ended December 31, 2014. Highlights •         Agreement to acquire two


Zvezda Shipyard Comes Up Despite Western Sanctions

Zvezda Shipyard (Pics: Far Eastern Shipbuilding and Ship Repair Center)

 German and Finnish partners continue to build Russia’s Far Eastern “Zvezda” shipyard for Arctic oil exploration ships, in spite of Western sanctions, reports Sputnik.   According to Director of the Far Eastern enterprise Yuri Filecroc


Hornbeck Completes $114M Sale of OSVs to U.S. Navy

    The HOS Arrowhead in 2010 (Photo courtesy of Military Sealift Command)

  Hornbeck Offshore Services has closed the sale of three 250EDF class OSVs to the U.S. Navy, the company announced today.   The three vessels were sold for cash consideration of $114 million, the company reported. This is expected to result in a gain on sale of assets of


Maersk Drilling Secures Contract for Newest Drillship

Maersk Voyager (Photo courtesy of Maersk Drilling)

Maersk Drilling was awarded a contract from eni Ghana Exploration and Production Ltd. for employment of the newbuild drillship Maersk Voyager.   The contract will see Maersk Voyager work on the Offshore Cape Three Points (OCTP) Project offshore Ghana with expected commencement in July 2015


Maersk Drilling Names Third XLE Jack-up Rig

Photo: Maersk Drilling

Maersk Drilling’s third XL Enhanced ultra harsh environment jack-up was named Maersk Integrator by Statoil’s Executive Vice President Margareth Øvrum at a ceremony held at the Keppel FELS shipyard in Singapore Saturday morning.  


USS Laboon Enters U.S. 6th Fleet

The guided-missile destroyers USS Laboon (DDG 58), center, USS McFaul (DDG 74), and USS Farragut (DDG 99) conduct a strait transit exercise with the Arleigh Burke-class guided-missile destroyer USS Winston S. Churchill (DD

  The Arleigh Burke-class guided-missile destroyer USS Laboon (DDG 58) entered U.S. 6th Fleet’s area of operations in support of U.S. national security interests in Europe Feb. 17, 2015. While on deployment, Laboon will interact with allied and partner nations, highlighting U.S


UK Inks Design Contract with BAE

Britain agreed an 859 million pound ($1.32 billion) contract with BAE Systems on Friday, giving the green light to the British defence company to continue with the next phase of design for a new fleet of warships. BAE Systems has been working on plans to provide Britain with 13 new Type 26


Australia Looks to France, Germany, Japan for $39 bln Submarine Contract

Image: Royal Australian Navy

 Australia has announced that it would formally invite France, Germany and Japan in the bidding process to build its new fleet of nine submarines in a project worth $39 billion.   Australian Prime Minister Tony Abbott said that there was Germany and France which are involved in a wider


UK flag fleet Size Declines

Logo

  According to UK's Department of Transport (DFT) the UK fleet size fell in 2014 from 16th place to 20th place, in terms of deadweight tonnage, decreasing by 17 per cent. Ships registered in the Crown Dependencies (primarily the Isle of Man) remained at 12th place despite tonnage decreasing


Transocean Shares Poised for Big Move

Photo: Transocean

Transocean Ltd shares are expected to move about 8 percent in either direction following its earnings results on Wednesday, options data showed, but positioning among traders suggests some worry.   This would be the biggest post-earnings move for the shares in at least eight quarters.


NewLead Holdings' Tanker contracted

Courtesy of NewLead holdings

  NewLead Holdings Ltd. announced today that it has entered into its first Contract of Affreightment for one of its bitumen tankers vessels, the Katerina L, for the transportation, within a ten month period, of a minimum of 31,000 tons of bitumen over ten voyages, or


Maersk Posts Record Profit Despite Pressure in Shipping Rates

Courtesy: Maersk Line

 Maersk Line has reported a profit of $2.3bn for 2014 a 50% increase over the previous year, and expects a higher result in 2015, though the shipping rates remain under pressure.   But 2015 is expected to yield less impressive results due to falling oil prices


CGG to cut Vessel Fleet Further

French seismic group CGG said on Thursday it would further cut its fleet of seismic vessels after declining demand from oil and gas clients hit by the falling oil price led it to record an impairment and one-time charges of $643 million in the fourth quarter.


Dryships in the Red

DryShips Inc

DryShips Inc. and through its majority owned subsidiary, Ocean Rig UDW Inc., of offshore deepwater drilling services, today announced its unaudited financial and operating results for the fourth quarter ended December 31, 2014. Fourth Quarter 2014 Financial Highlights


“Jag Arjun” Delivered to Buyers

G E Shipping

  The Great Eastern Shipping Company Ltd. (G E Shipping) delivered its 1996-built Capesize Dry Bulk Carrier “Jag Arjun” (164,796 dwt) to the buyers on 26th February, 2015. The company had contracted to sell the ship earlier this month.






 
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