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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.  

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:

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

Thomas Gunn Unveils New Digital Chart Management System

Voyager 1 WEB.jpg

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

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

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

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

Hapag-Lloyd - New Brazil's Imports Regulations

Courtesy Hapag-Lloyd

  In order to attend to the content of Normative Instruction No. 32/2015 of Ministry of Agriculture of Brazil (based on International Standards for Phytosanitary Measures - ISPM No.15), please note that Brazilian Customs and Port Authorities will update their system

USCG Alert: Compliance with MARPOL Requirements

The Coast Guard has confirmed several reports it has received stating that main engines may not attain the expected speed when using ultra low sulfur fuel oil.   The Coast Guard has revised its list of recommendations to vessel owners and operators about the importance of establishing

Electronic Charts on a Paper Scale

Image: Alphatron Marine

JRC and Alphatron Marine have launched a new digital AlphaChartTable comprising of a dramatically increased 46-inch touch display where routes can be planned on a “paper chart” scale.   By use of the digital chart table, navigators are now given an intuitive and user friendly

Georgia, South Carolina Ports Advance Joint Venture

The Georgia and South Carolina Ports Authorities have signed a new joint venture agreement that provides framework for the two states to work cooperatively toward the development of the Jasper Ocean Terminal (JOT), which will be jointly owned and operated by both port authorities.  

Declaration by Vessels Coming from Ebola-affected Countries

Electron micrograph of an Ebola virus virion Courtesy Wikipedia

  Following the World Health Organisation’s official declaration that Sierra Leone is now free of the Ebola virus transmission from 7 November, the Maritime and Port Authority of Singapore has updated the required measures to prevent the introduction of Ebola Virus Disease (EVD) into

NYK Conducts Crisis-response Drill on VLCC

Crisis Response Drill in progress

  On October 15 as part of the company’s Remember Naka-no-Se Campaign,* NYK conducted a crisis-response drill based on the scenario of a serious accident occurring on an NYK-owned VLCC (very large crude-oil carrier).   Cooperation from the Maritime Bureau within Japan’s

NTSB Issues Update on El Faro Investigation

El Faro (File photo: TOTE)

The National Transportation Safety Board has contracted with the U.S. Navy to locate the El Faro, document the wreckage and debris field and recover the voyage data recorder (VDR). Below is an update of recent activities.   The Curve 21 remote operated vehicle (ROV) was used to confirm that

Volvo Penta Debuts Updated D16 Engine

D16 marine diesel engine (Image: Volvo Penta)

Volvo Penta has launched an updated version of its D16 marine diesel engine, coming 10 years after the launch of its original version.   The updated engine arrives at the same time as Europort, held November 3-6, in Rotterdam.  

DNV GL in LNG Bunker Drive

Photo by DNV GL AS

 Until now, there has been no international standard describing the methods for fiscal measurements and suitability for liquefied natural gas (LNG) as a marine fuel, despite the growing international market for small scale LNG bunkering.   

Final OTI Rules Approved

Federal Maritime Commission logo

  The Commission voted at its meeting 22nd October to issue a final rule on ocean transportation intermediary (OTI) licensing and financial responsibility requirements, and directed staff to prepare an advanced notice of proposed rulemaking concerning service contracts and NVOCC service

Videotel Expands Maritime Training Programs


Videotel, an  international provider of e-Learning maritime training solutions and a company of KVH Industries, Inc., has launched its latest Videotel on Demand (VOD) release, which includes a total of 59 e-Learning courses – 37 new, 22 updated

ICCOPR Approves Updated Oil Pollution Research Plan


  The Interagency Coordinating Committee on Oil Pollution Research (ICCOPR) unanimously approved the Oil Pollution Research & Technology Plan (OPRTP) for FY2015-2021 at the committee’s quarterly meeting Sept. 29, 2015, in Arlington, Virginia.

Eni Arctic Service Rig Extension Okayed

Italian oil company Eni has received permission from Norway's Petroleum Safety Authority to extend the use of a service rig on its troubled Arctic Goliat oil field offshore Norway until Nov. 30, the regulator said on Thursday. The Floatel Superior rig is used to house hundreds of crew members

Vigilance Still Crucial in Indian Ocean

  Organisations representing the global shipping and oil industry have announced that the size of the ‘High Risk Area’ for piracy in the Indian Ocean has been reduced and issued new advice to merchant ship operators. This reduction to the High Risk Area is in response to the

Shell Withdraws from Arctic Exploration

Fennica, an icebreaker vessel deployed by Shell in the Arctic (Photo: Arctia Shipping)

Royal Dutch Shell has abandoned its Arctic search for oil after failing to find enough crude in a move that will appease environmental campaigners and shareholders who said its project was too expensive and risky. Shell has spent about $7 billion on exploration in the waters off Alaska so far and

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