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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 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

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

Transocean Ltd. Provides Fleet Update Summary


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

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

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

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.

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

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

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 by clicking on the Fleet Status Report link found in the toolbar

Sea Trucks Wins IMR Work in West Africa

Jascon 55 (Photo: Sea Trucks Group)

Netherlands-based Sea Trucks Group (STG) said it has secured a contract award from an oil major in West Africa. STG was awarded an inspection, maintenance and repair contract for anoil major in West Africa with commencement during Q4 2016

Panama Accedes to BWM Convention

Jorge Barakat Pitty (right), Minister of Maritime Affairs of Panama, presented the countrys instrument of accession to the Ballast Water Management Convention to IMO Secretary General Lim on October 19, 2016. (Photo: IMO)

Panama has become the latest State to accede to the International Convention for the Control and Management of Ships' Ballast Water and Sediments (BWM Convention), bringing the proportion of global shipping tonnage covered by the treaty to 53.28 percent, with 53 Contracting Parties.  

Rolls-Royce to Power New York's Newest Luxury Ferry

Photo: Rolls-Royce

Rolls-Royce has won a contract to supply power and propulsion to New York’s newest and largest high-speed luxury ferry.   The catamaran, operated by New Jersey based Seastreak, will carry up to 600 passengers between Monmouth County, N.J

Austal Wins USN LCS Support Contract

Courtesy Austal

The U.S. Navy has awarded a contract to Austal Limited USA to provide engineering and management services support of the Post Shakedown Availability for Independence-variant Littoral Combat Ship (LCS) Gabrielle Giffords (LCS 10).   The US$12 million cost-plus-award-fee order adds to Austal

Container Shipping Market has Bottomed Out

Photo: CMA CGM

Hanjin’s receivership represents the trough of the container shipping market and despite continuing concerns of weak trade growth and fleet oversupply a gradual market recovery is now expected, according to the latest annual Container Forecaster and Review 2016/17 report published by global

Rolls-Royce Wins Deal to Power USN TAO

Rolls-Royce won a contract to supply diesel generators, propellers and shaft lines for the US Navy’s new fleet replenishment oiler ships, the John Lewis Class. Planned to total 17 ships, the new John Lewis class (previously known as TAO – X) will increase the US Navy’s capability

Sea Trucks Awarded Contract Offshore Ghana

Jascon 28 (Photo: Sea Trucks)

Sea Trucks Group said it has secured a contract award from Tullow Ghana Limited for the provision of a Construction Support Vessel (CSV) providing Accommodation and Heavy Lift services to the turret moored FPSO Kwame Nkrumahe, located in the Jubilee Unit Area, 60 km offshore Ghana.   

Wärtsilä to Power Mediterranean's First LNG Ferry

Baleàrias new RoRo passenger ferry (Image: Wärtsilä)

Wärtsilä said it has signed a contract with Construcciones Navales del Norte SL (LaNaval) shipyard in Sestao, Spain for the design and supply of the LNG power and propulsion installation for a new RoRo passenger ferry being built for Spanish owner Baleària

UK’s Wight Shipyard to Build Two Fast Ferries

Photo: Wight Shipyard Co

The largest fast passenger ferry order for a U.K. shipyard in over 25 years has been confirmed by MBNA Thames Clippers. Two new 170 capacity passenger boats will be built at the Wight Shipyard Co on the Isle of Wight, and will join London’s growing river transport network in summer 2017.

Navig8 Adds New LR1 Tanker

Courtesy  Navig8 Tankers

Navig8 Product Tankers Inc. an international shipping company focused on the transportation of petroleum products, today announced that it has taken delivery of the Navig8 Precision a 74,000 DWT LR1 tanker from SPP Shipbuilding Co., Ltd (“SPP”).

ASRY Woos Back Greek Major Owner

ASRY for the recent repair of ‘Cap Diamant’,   ASRY   Photo Cap-Diamant-web

ASRY has successfully brought one of the European tanker market’s biggest tanker fleet owners back to the yard. Euronav, the Greece-base owner, operator and manager of a fleet of 53 modern large tankers, chose ASRY for the recent repair of ‘Cap Diamant’, a  Suezmax tanker

Submarine Market Valued at Nearly $23 Billion

Photo: Navy Recruiting Command

 The submarine market will be valued at $22.8 billion this year.  By 2026 the market will reach $36.3 billion, according to Strategic Defence Intelligence.  This represents a compound annual growth rate of (CAGR) of 4.74%.  

Euronav Inks Two Charter Deals

Photo Euronav

Euronav NV announces that it has signed two long-term time charter contracts of seven years each with Valero Energy Inc. for Suezmax vessels with specialised Ice Class 1C capability starting in 2018. In order to fulfil this contract, Euronav has ordered two high specification Ice Class Suezmax

COSCOL Wins Kazakhstani Heavy Lift Shipping Contract

(Image: COSCOL)

COSCO Shipping Co. Ltd. (COSCOL) said it has been awarded a transportation and logistics contract signed by representatives of all parties on September 27, 2016 in Astana, Kazakhstan. Part of the work under the contract will be subcontracted to COSCOL’s Korean Partners

Gas Carrier Fleet Nears a New Milestone

Graph: Clarksons Research

 In the last two decades gas shipping sectors have been amongst the faster growing parts of the the world of global shipping industry, says Clarksons Research.   This week’s Analysis takes a look at how shipping’s ‘coolest’ sector has grown in prominence to

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