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Worldwide Score

GlobalSantaFe SCORE Shows Continued Worldwide Market Weakness

GlobalSantaFe Corporation reported that the company's worldwide SCORE, or Summary of Current Offshore Rig Economics, for August 2002 was down from the previous month's SCORE by 4.5 percent. GlobalSantaFe President and CEO Sted Garber said, Worldwide SCORE showed continued weakness in August for the semisubmersible rig market.This was especially true in the North Sea, where overall softness continued to put downward pressure on semisubmersible dayrates. GlobalSantaFe's SCORE compares the profitability of current mobile offshore drilling rig dayrates to the profitability of dayrates at the 1980-1981 peak of the offshore drilling cycle.In the 1980-1981 period, when SCORE averaged 100 percent, new contract dayrates equaled the sum of daily cash operating costs plus approximately $700 per day per million dollars invested.In addition to a worldwide SCORE covering key types of competitive offshore drilling rigs in key drilling markets, a separate SCORE is calculated for certain types of rigs and certain regions to indicate the relative condition of rig markets.The release, which is made available for publication on the third Monday of each month, includes separate SCORE calculations for the U.S. Gulf of Mexico, the North Sea, West Africa and Southeast Asia.Rig types include jackup and semisubmersible rigs.


GlobalSantaFe Worldwide SCORE Slightly Down

Worldwide oil and gas drilling contractor GlobalSantaFe Corporation reported that the company's worldwide SCORE, or Summary of Current Offshore Rig Economics, for October 2003 was down 0.2% from the previous month's SCORE. GlobalSantaFe's SCORE compares the profitability of current mobile offshore drilling rig dayrates to the profitability of dayrates at the 1980- 1981 peak of the offshore drilling cycle. In the 1980-1981 period, when


GlobalSantaFe's Worldwide Semisubmersible SCORE Reaches 18-Month Low

Worldwide oil and gas drilling contractor GlobalSantaFe Corporation has reported that the company's worldwide SCORE, or Summary of Current Offshore Rig Economics, for September 2002 was down from the previous month's SCORE by 1.4 percent. GlobalSantaFe President and CEO Sted Garber said, "The Gulf of Mexico SCORE reversed from last month's dip. New, higher semisubmersible dayrates contributed to the area's improvement in September


GlobalSantaFe SCORE Down 0.5%

Worldwide oil and gas drilling contractor GlobalSantaFe Corporation reported that the company's worldwide SCORE, or Summary of Current Offshore Rig Economics, for August 2007 decreased 0.5%, to 135.8 from the June month's SCORE of 136.4.


GlobalSantaFe SCORE Forge Ahead

Worldwide oil and gas drilling contractor GlobalSantaFe Corporation reported that the company's worldwide SCORE, or Summary of Current Offshore Rig Economics, for June 2005 was up 9.2% from the previous month's SCORE. GlobalSantaFe's SCORE compares the profitability of current mobile offshore drilling rig dayrates to the profitability of dayrates at the 1980-1981 peak of the offshore drilling cycle. In the 1980-1981 period, when SCORE averaged 100 percent


GlobalSantaFe SCORE Remain Strong

Worldwide oil and gas drilling contractor GlobalSantaFe Corporation reported that the company's worldwide SCORE, or Summary of Current Offshore Rig Economics, for May 2005 was up 2.8% from the previous month's SCORE. GlobalSantaFe's SCORE compares the profitability of current mobile offshore drilling rig dayrates to the profitability of dayrates at the 1980- 1981 peak of the offshore drilling cycle. In the 1980-1981 period, when SCORE averaged 100 percent


Carnival Legend Earns Perfect Scores

The new 88,500-ton Carnival Legend scored perfect 100s from both the U.S. Department of Public Health and Canadian Public Health Service during inspections in Baltimore and Halifax, Nova Scotia, earlier this month. The new 2,124-passenger vessel, which entered service in August 2002 and embarked on a six-day Bermuda cruise from Baltimore yesterday, Oct. 30, received perfect marks on all 42 items that comprise the U.S. Public Health Service's Vessel Sanitation Program (VSP)


MOL Receives Top Ocean Carrier Ranking from Shippers

MOL has received the highest overall score in the ocean-shipping category from shippers participating in Logistics Management and Distribution Report’s annual Quest for Quality Program. This is the second year in a row MOL was ranked number one in the international ocean shipping category based upon the results of a qualified survey, in which shippers were asked to evaluate the performance of their service providers.


Costa Atlantica Perfect Vessel Sanitation Score

The Costa Atlantica, a member of the Costa Cruises fleet, the largest Italian travel company and Europe’s n.1 cruise line, scored full marks (100) in a recent inspection conducted by the Centers for Disease Control and Prevention (CDC) in the United States.  The inspection was held on September 26 during a stopover in New York, one of the port calls of the Costa Atlantica during the latter part of her transatlantic cruise


Cargo Container Security Alliance Formed

Photo courtesy of Contguard

SC-integrity, Inc. (LoJack SCI) and Contguard Ltd. announced a strategic alliance designed to provide their customers with security and real-time visibility of supply chain assets and cargo on a global basis. LoJack SCI will exclusively offer the Contguard CMU (Cargo Monitoring Unit) service for the North American market. Working together, LoJack SCI, with its SC iOn Command Center web-based user portal and 24/7 monitoring center specialists, and Contguard


CSX Plans $272 Million Intermodal Rail Terminal in NC

Image: METRANS Global Logistics

 Florida-based transportation giant CSX Corp. is planning a $272 million intermodal rail terminal in North Carolina serving the Raleigh region that it envisions as a major transportation hub to make the state’s ports more competitive.  


DP World Tops Middle Eastern Index

DP World Chairman HE Sultan Ahmed Bin Sulayem

  For the third year running, DP World is the top stock in the S&P/Hawkamah Pan Arab ESG Index. The index is the first ever of its kind in the Arab world and ranks the transparency and disclosure of regional listed companies based on Environmental


Videotel’s API Enables Integration with Crew Management Software

Videotel, a global provider of e-Learning maritime training solutions and a company of KVH Industries, Inc.,  has released the Videotel Partner API, an application programming interface that facilitates the exchange of data between Videotel and any of its clients’ crew management


Peak Shipping Season Is Approaching For United Yacht Transport

Image: United Yacht Transport

 Spring is the busiest season for United Yacht Transport, the North American leader in boat transport. The international boat transporters are set to complete various shipments in the upcoming months.   In the beginning of the year


Tariffs Hiked at Rotterdam Port

Port Authority wants to encourage the market to ship a lot more transhipment cargo via Rotterdam

  The tariffs which visiting sea-going vessels pay in Rotterdam will increase by 0.5% next year. That is half of the past year’s inflation rate. This is in accordance with the three-year agreement made last year between Deltalinqs, VRC


Drewry: Container Service Reliability Falls

Containership reliability took a small step backwards in October as the average on-time performance across all trades reached 77.9%, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.


NYK Again in Climate Disclosure Leadership Index

NYK Included in Climate Disclosure Leadership Index for a Fourth Consecutive Year Image from NYK

NYK has been included in the CDP*’s Climate Disclosure Leadership Index (CDLI) for a fourth consecutive year.   The company received a perfect score in the CDP's 2015 Climate Change Information Request, ranking in the top 10 percent of the CDP’s Japan 500 target companies


Cooperation Yields 'Quiet Drive' Solutions

CENTA Antriebe Kirschey GmbH and Christie & Grey Limited Announce Global Sales Cooperation   The management teams of CENTA Antriebe Kirschey GmbH and Christie & Grey Limited have announced a strategic global sales cooperation.  


CENTA Antriebe Kirschey GmbH, Christie & Grey to Collaborate

CENTA Antriebe Kirschey GmbH and Christie & Grey Limited Announce Global Sales Cooperation – Joining Forces to Bring Customers Innovative “Quiet Drive” Solutions The management teams of CENTA Antriebe Kirschey GmbH and Christie & Grey Limited announce a strategic


More "Green" Ships Call at Antwerp Port

Environmental Ship Index ESI Courtesy WPCI

  The number of environment-friendly seagoing ships calling at the port of Antwerp is increasing year by year, according to the results of the Environment Ship Index (ESI) introduced in Antwerp in 2011. This index enables ports to grant a discount on port dues for ships that make a


Drewry: Container Reliability Stable in November

Drewry containership reliability by trade, November 2015 (Source: Drewry Carrier Performance Insight)

Containership reliability was broadly unchanged in November as the average on-time performance across all trades slipped by just 0.8 percentage points against October to 77.2 percent, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain


Drewry: Container Reliability Stable in November

Graph: Drewry Supply Chain Advisors

 Containership reliability was broadly unchanged in November as the average on-time performance across all trades slipped by just 0.8 percentage points against October to 77.2%, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain


Global Logistics Index Hots Lowest in Four Years

Graph: Stifel Financial Corp

 The index that tracks shipper and freight forwarder confidence in the activity of the U.S.-Europe and Asia-Europe shipping lanes hit its lowest level in December in the index's nearly four-year history, reports Reuters.   It has hit by lower margins for European freight forwarders


Aquatic Hits 1 mln Working Hours without LTI

Aquatics offshore team using harnesses and ladders to assemble modular reel drive system Photo Aquatic

  Aquatic Engineering & Construction Ltd, an Acteon company, has marked 1 million working hours without a single Lost Time Incident (LTI). This milestone follows on from Aquatic’s achievement of 1000 days without an LTI in December 2014.  


Jack-up Earns ABS and DNV GL Design Approval

Photo courtesy of GustoMSC

Launched in March 2015, the CJ54 cantilever drilling jack-up has recently received full Basic Design Approval from two major international offshore drilling classification societies; ABS and DNV GL.   Designed in accordance with the required safety standards of both ABS and DNV GL






 
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