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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


China Shipbuilder’s Profit Rises

According to a report from CRIEnglish.com, on April 15, China State Shipbuilding Corporation (CSSC), the country's largest shipbuilder, posted a 4.32% year-on-year increase in net profit in 2010 on robust growth in revenues. The profit growth was achieved after the company scored 18.3% annual growth in revenues to 29.86 billion by building 56 ships, producing 113 diesel engines and repairing 223 ships.   (Source: CRIEnglish


MacGregor Wins Damen RoRo Contract

Each of the new ice-class ferries will be equipped with MacGregor bow doors, a bow ramp/door, a stern ramp, shell doors and a hoistable car deck system

RoRo equipment contract for Damen is supported by MacGregor's experience with Canadian ferry services MacGregor, part of Cargotec, has secured a contract from Dutch shipbuilding group, Damen Shipyards, for the design and delivery of key components for RoRo access equipment for two 80m ice-class


ASRY, ABB Industries Sign Agreement

ASRY signs ABB pact: (L to R) Magdy Mustafa, Nils Kristian Berge, John Fyfe

ABB Industries to open new workshop in ASRY, providing certified turbocharger expertise, global warranties, and onsite access to worldwide network Ship and rig repair specialist ASRY reports that it has signed a co-operation agreement with ABB Industries (LLC), Dubai


Container Shipping May Hoist Financial Distress Signal: New Study

Container terminal: File photo CCL3

Beset by continued sluggish demand, a growing mountain of debt and a radically changing marketplace, listed companies in the global container shipping industry as a whole face a greater risk of financial distress, including possible bankruptcy, than at any time since 2010


APL Logistics Named Carrier of the Year by Barilla Pasta

Image courtesy of APL Logistics

APL Logistics of Scottsdale, Arizona, provides over the road trucking and intermodal services for Barilla in the U.S.  They explain that they achieved perfect scores in categories such as on-time pick-up and delivery and load completion, exceeding requirements and expectations set by Barilla


Port of Los Angeles APL Terminal Wins Productivity Award

Global Gateway South Terminal: Image courtesy Port of LA

APL'’s Global Gateway South Terminal has been awarded the Journal of Commerce Port Productivity Award. The APL facility in Los Angeles was ranked second among 185 terminals in the Americas according to the inaugural JOC Port Productivity Study which covered the first half of 2013


CMA CGM Recognized for its Carbon Strategy

Photo: CMA CGM

For the second consecutive year, CMA CGM Group scored one of the best results in the CDP (Carbon Disclosure Project) Transport and Logistics category for its policies, performance and transparency in areas related to climate change. Created in 2000


Maritime Deviants Pinpointed by New Maritime Analytics System

Image in public domain

An Israeli privately-owned company Windward has developed a unique, global Predictive Maritime Analytics System, 'MarInt', which continuously monitors all types of maritime activities worldwide, and automatically applies complex, dedicated analytics on huge amounts of maritime-related data in


Sureclean Services Haewene Brim FPSO

Photo courtesy Sureclean

International industrial cleaning contractor Sureclean completed its largest project to date providing services in support of the Haewene Brim FPSO, Brynhild Project modification and upgrade. Through its relationship with Global Energy Group


ISS Palumbo Earns New Accreditations

ISS Palumbo, the offshore project logistics and freight forwarding division of Inchcape Shipping Services, has strengthened its compliance credentials by achieving ISO 9001, 14001 and 18001 and Achilles FPAL accreditation, covering operations in Italy, the U.K. and Houston.


Amphibious Ship America Runs Successful Trials

Photo: HII

The amphibious assault ship America (LHA 6) returned to Huntington Ingalls Industries' (HII) Ingalls Shipbuilding division Friday following successful acceptance sea trials in the Gulf of Mexico. Ingalls' test and trials team successfully demonstrated more than 220 test events to the U.S


Allianz Launch New Seafarers' Health Insurance Plan

Image CCL

Global health insurer Allianz Worldwide Care say they have launched a new plan which offers a compliant solution for on-shore health care to shipping companies affected by the Maritime Labour Convention 2006 (MLC 2006), commonly known as the “Seafarers’ Bill of Rights”.


Northrop Grumman Offers Engineering Scholarships

ng logo.jpg

Individual $10,000 scholarships to be awarded over four years to one student from each of Maryland's 23 counties and Baltimore City . Applications are now being accepted for the 12th annual Northrop Grumman Corporation Engineering Scholars competition, which will provide  $240


WRS Named a Best Company to Work For

Worldwide Recruitment Solutions (WRS), a recruitment company specializing in talent acquisition across the oil and gas, mining, marine and power sectors globally, was listed as the U.K.’s 18th best small company to work for at the Sunday Times 100 Best Small Companies to Work For 2014 awards


Golden Ocean Sees 10% Growth

Reuters- Dry bulk carrier Golden Ocean Group Ltd expects double-digit growth in global iron ore trade in 2014, helping its markets pick up momentum and improving rates, the company's CEO Herman Billung said at a conference in Oslo on Wednesday.


MTN Launches Social Media Threat Intelligence

MTN Government (MTNGOV), a subsidiary of MTN Communications (MTN) and a company in satellite communications, cybersecurity and integrated intelligence, surveillance and reconnaissance (ISR) solutions serving U.S. DoD and civilian agencies worldwide


 
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