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 Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Ross is Fleet Manager, Heidmar

Heidmar announced the promotion of Duncan Ross to Fleet Manager. Duncan joined Heidmar’s London office in 2012 as vessel manager.  Prior to joining Heidmar,

Diana Shipping Nets 2Q Loss

Diana Shipping Inc. today reported a net loss of $14.1 million and net loss attributed to common stockholders of $15.5 million for the second quarter of 2015, compared to net loss of $5.

U.S. Drillers Add Rigs Despite Crude Collapse

U.S. energy firms added 5 oil rigs this week after putting 21 rigs into service last week, the most in over a year, despite a collapse in U.S. crude prices from recent highs in June,

 
 
Maritime Security Maritime Standards Navigation Pod Propulsion Port Authority Salvage 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: 0.1334 sec (7 req/sec)