Caspian Services Finalizes Multi-Vessel Contracts

Tuesday, November 01, 2005
Caspian Services, Inc., announced final execution of its multi-vessel contracts with Saipem S.p.A. Saipem has chartered five vessels from Caspian Services, Inc., subsidiary Caspian Services Group, Ltd., for a minimum of two years to support Saipem's pipeline projects in the giant Kashagan field under development in the Kazakhstan sector of the north Caspian Sea. The contracts call for Caspian Services Group, and its Dutch shipping partner, Rederij Waterweg, b.v., to provide Saipem with two new Multicat work boats, two anchor handling tugs and an existing survey vessel. The vessels will be placed into active operations in the spring of 2006. Mr. Laird Garrard, President of Caspian Services, Inc., said, "these contracts represent a significant expansion of our vessel fleet operations and will greatly enhance the range of marine services we can offer clients in this developing region in the future."

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter June 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

ABP orders Two Gottwald cranes

Terex Port Solutions (TPS) has received an order from Associated British Ports (ABP) for two electric Terex Gottwald Model 8 portal harbour cranes in the G HSK 8424 B four-rope grab variant.

POSH Bags Shell FLNG Contract

Singapore’s offshore marine services provider PACC Offshore Services Holdings Ltd. (POSH) has been awarded a contract to support Shell’s Prelude floating liquefied

Baltic Index up for Third Straight Session

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Friday, for a third straight session, on rising demand across all vessel segments.

 
 
Maritime Careers / Shipboard Positions Maritime Standards Offshore Oil Pipelines Pod Propulsion Port Authority Ship Repair Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0794 sec (13 req/sec)