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Update Summary

Transocean: Fleet Update Summary

Transocean Ltd. today issued a monthly fleet update summary which includes new contracts, changes to existing contracts, and changes in estimated planned out-of-service time of 15 or more days since August 21, 2014. According to the update, the total value of Transocean’s new contracts since the August 21, 2014 fleet update summary is approximately $115 million. Other highlights include: Transocean Honor  was awarded a one year contract extension in Angola at a dayrate of $194,000 ($71 million estimated backlog). The rig's prior dayrate was $155,000. Jack Bates was awarded a one-well contract in an undisclosed location at a dayrate of $440,000 ($26 million estimated backlog). The rig's prior dayrate was $380,000. M.G. Hulme, Jr. was awarded a one-well contract in an undisclosed location at a dayrate of $200,000 ($18 million estimated backlog). The rig was previously idle. The ultra-deepwater floater, GSF Jack Ryan, is idle. Estimated 2014 planned out-of-service time increased by a net 17 days. Estimated 2015 planned out-of-service time decreased by a net 140 days, including 124 days on the GSF Jack Ryan. deepwater.com  


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


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:


Thomas Gunn Unveils New Digital Chart Management System

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With chart and nautical publication management highlighted as one of the most common reasons for deficiency detentions by Port State Control (PSC), ship operators are calling for new and effective navigation solutions. The features of Thomas Gunn’s new Voyager 4 digital chart management system provides ship owners and managers with the tools to ensure that Safety of Navigation standards on board meet PSC and vetting inspection requirements


DW Release World Drilling & Production Forecast Update

Offshore drill rig: File photo

The new quarterly issue (Q3) of Douglas-Westwood’s (DW) World Drilling and Production Forecast (DWD&P) has been released. Major changes have been seen in the forecasts for Iraq, Libya and Uzbekistan. DW inform that the report now also includes forecasts for Bangladesh, Israel, Mozambique, Republic of Congo and Sudan & South Sudan.   Through to 2020 and utilizing a proprietary methodology, DWD&P provides data analysis on 58 key countries


Transocean's Fleet Update Summary

Discoverer Seven Seas

 Transocean Ltd. issued a monthly Fleet Update Summary which includes new contracts, changes to existing contracts, and changes in estimated planned out-of-service time of 15 or more days since October 15, 2014.  The total value of new contracts since the October 15, 2014 Fleet Status Report is approximately $83 million. The report includes the following: - Discoverer Enterprise - Awarded a one-well contract extension in the U.S


IMO Begins Updating Ship GHG Information

Port Scene: Photo credit IMO

International experts are meeting at IMO Headquarters with the aim of providing current & reliable ship Green House Gas emission information. This information would be used by IMO , through its Marine Environment Protection Committee (MEPC), to base its work on further measures to reduce GHG. The Second IMO GHG Study 2009 estimated that international shipping emitted 870 million tonnes, or about 2.7% of the global man-made emissions of CO2 in 2007


Senergy Software Pioneers Another Step Change

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Senergy Software has unveiled major new developments to its market-leading Oilfield Data Manager (ODMTM) software suite, providing geoscientists with significant step changes particularly in the user interface (UI).        The launch of ODM 3.8 includes new Heatmap and Analysis Sticks features as well as pioneering enhancements to its reservoir performance module (RPM) 3D viewer. It also includes a new method for handling core shifts and a powerful new


Vessels Detained in U.K. Ports: September

The U.K.’s Maritime and Coastguard Agency (MCA) announced today that nine foreign flagged ships were under detention in U.K. ports during September 2013 after failing Port State Control (PSC) inspection. Latest monthly figures show that there were five new detentions of foreign flagged vessels in U.K. ports and four vessels remained under detention from previous months. Only three vessels remained under detention at the end of this month. Notes on the list of detentions


UK-Detained Ships: October 2013

The Maritime and Coastguard Agency (MCA) announced that nine foreign flagged ships were under detention in U.K. ports during October 2013 after failing Port State Control (PSC) inspection. Latest monthly figures show that there were six new detentions of foreign flagged vessels in U.K. ports and three vessels remained under detention from previous months. Only six vessels remain under detention at the end of this month. Ships detained in October 2013


Senate Transport Bill Eyes Crude Sale from US Petroleum Reserve

The U.S. Senate's new transportation funding bill proposes the sale of 101 million barrels of crude oil from the government's Strategic Petroleum Reserve in the fiscal 2018-2025 period, collecting $9 billion to fund road and rail projects.  


New FORAN Update from SENER

SENER Ingeniería y Sistemas SA informs it has launched a new version of its marine CAD/CAM system, the FORAN V80, which incorporates new capabilities to cope with demands from the marine shipbuilding, civil, offshore and naval sectors.  


General Dynamics to Modernize USN Submarine WCS

U.S. Navy  SSN  Virgina Class Submarine

  General Dynamics received a $20 million contract modification from the U.S. Navy to continue modernizing the AN/BYG-1 Weapons Control System (WCS) Technology Insertion and Advanced Processing Build software for U. S. Navy and Royal Australian Navy submarines


BSEE Updates Hurricane Reporting Requirements

BSEE is providing updated guidance for the current and future hurricane seasons through a Notice to Lessees (NTL) released July 27, 2015. NTL 2015-G02 clarifies reporting requirements related to personnel evacuation, production curtailment, and shut-in activity


Bosphorus Strait Closure

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  Inchcape Shipping Services (ISS) has advised that the Bosphorus Strait in Turkey will be closed in both directions on 10 July between 06:00-14:00 approximately due to ongoing construction works on the Yavuz Sultan Selim Bridge (initially named the Third Bosphorus Bridge).


UKHO Calls on Shipowners Regarding Updated ECDIS Standards

Tom Mellow  (Photo: UKHO)

IHO announces new ECDIS Standards; 12 months to complete transition. Following the announcement of updated ECDIS Standards by the International Hydrographic Organization (IHO), the UKHO is encouraging all shipowners to speak to their ECDIS manufacturers to ensure a smooth, timely transition.


GOST Donates EZ-Tracker for 'Impossible Dream'

GOST EZ-Tracker

  GOST (Global Ocean Security Technologies), celebrating its 10th year as a world leader in marine security, tracking, monitoring and video surveillance systems, announced today that it has donated a GOST EZ-Tracker to provide location information as part of the refit of the universally


Strike call at Necochea Port, Argentina

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  Inchcape Shipping Services (ISS) is advising of pending strike action by customs staff at the Port of Necochea, Argentina. The ‘pen down’ strike (staff will attend their place of work but not perform any duties) is pay-related and scheduled to take place on the following


U.S. Court Finds WesternGeco Patents Valid

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  The U.S. Court of Appeals for the Federal Circuit recently affirmed the 2014 judgment that ION Geophysical Corp. infringed four seminal WesternGeco LLP patents covering streamer steering technology for marine seismic surveys, and that WesternGeco is the rightful owner of the pioneering


Strike at Port of Necochea Postponed

ISS

  Inchcape Shipping Services (ISS) is advising that planned strike action by customs staff at the Port of Necochea, Argentina, has been lifted and suspended for 15 days. The ‘pen down’ strike was scheduled to take place on the following dates: July 10, July 16 and July 17 2015


Bosphorus Strait Further Closure

Bosphorus - Large number of ship go through the Bosphorus.

  Inchcape Shipping Services (ISS) is advising that the Bosphorus Strait in Turkey will be closed in both directions on 15 July between 07:00-14:00 approximately due to the ongoing construction works on the Yavuz Sultan Selim Bridge (initially named the Third Bosphorus Bridge).


Brazil: Discount Rate Unveiled for Port Auctions

The Brazilian government on Tuesday unveiled the discount rate that will be used to calculate internal rate of returns on as many as 29 port operation licenses that will be auctioned off to investors this year. In a statement, the finance ministry update the calculation for the so-called


CargoSmart Launches Big Schedules Search Engine

Photo courtesy of CargoSmart

CargoSmart Limited, a global shipment management software solutions provider that leverages big data for greater visibility and benchmarking, has announced Big Schedules, a new sailing schedule search platform that helps shippers and logistics service providers manage and visualize their ocean


New Guidance on Large Scale Migrant Rescue

Photo: ICS

The global shipping industry, represented by a cross section of international shipowners' associations and seafarers' unions, has collectively updated the industry's Guidelines on Large Scale Rescue Operations at Sea.   This is in response to the continuing crisis in the Mediterranean


Naval Symposium Examines Ship Capabilities, Career Options

Vice Adm. Tom Rowden (E.H. Lundquist photo)

Warfighting ethos key to a distributed and lethal surface force   The annual Surface Navy Association (SNA) West Coast Symposium was held on the waterfront at Naval Station San Diego on July 16, and provided attendees an update on some key operational and career developments important to






 
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