Ocean Group Takes Delivery of First Damen Tug
Italian maritime service provider Ocean S.r.l. has welcomed its first Damen tug – a Stan Tug 2608 – into its fleet. The company, part of the Ocean-Team Group, will deploy the vessel in harbor towage operations in the ports of Monfalcone and Porto Nogaro in the northern reaches of the Adriatic Sea. The signing of the delivery protocol was attended by King Willem-Alexander and Queen Máxima of the Netherlands, at the Palazzo Reale in Milan, as part of a recent State Visit to Italy with a parallel Netherlands Economic Mission.
APM Terminals Mumbai Mulls DPD Service
APM Terminals Mumbai, India’s busiest container terminal, has embraced ‘Direct Port Delivery’ (DPD)service initiated by the Indian government as part of its “Ease of Doing Business Program” to enhance India’s access to the global logistics chain. The streamlined Direct Port Delivery protocol can result in substantial savings of time and money for importers by reducing container dwell times after vessel discharge. In the past, import containers were sent to Container Freight Stations (CFS) 1-1.5 days after arriving by vessel. Next, depending on the completion of import procedures and clearances with shipping lines, custom house agents, Customs, consignees and CFS operators, the cargo was then delivered to the end user after an average dwell time of 9- 10 days.
Paragon Extends Jackup Rig Delivery at Waigaoqiao
Paragon Offshore plc, a global provider of offshore drilling rigs, reported that a wholly-owned subsidiary has signed an agreement with Shanghai Waigaoqiao Shipbuilding Co., LTD., to extend the delivery date of the high specification Friede and Goldman JU-2000E jackup Prospector 7 to a date 12 months after the subsidiary has technically accepted the unit from the shipyard. The company anticipates that technical acceptance of the unit will occur on or before December 31, 2015. Under the terms of the agreement, no payments are due to the shipyard until the delivery date and upon completion of the delivery protocol. Randall D. Stilley,…
MIS Reports 26% Revenue Growth in 2008
MIS Co. Ltd. Inc. (OSE: MIS) reported record fourth quarter and fiscal year revenues of $125.1m and $387.5m, respectively and closes 2008 with a net profit of $8m and a record quarterly net profit of US$8m in Q4. This strong revenue increase and highest ever quarterly net profit is primarily driven by closing increasing volumes of contracts for the New Build Rigs value stream while maintaining MIS' market share in its traditional works value streams: Rig Refurbishment, EPC and Site Projects, Pressure Vessel, Process and General Fabrication and Technical and Safety Services. The first New Build Rig to be delivered by MIS (Hull #104) was completed with the issue of an ABS Class Certificate and formal Acceptance for Delivery Protocol agreed with MIS' client Seawolf Oilfield Services.
Navantia Delivers Frigate to Royal Norwegian Navy
Navantia has commissioned on May 21, 2007, in the Ferrol shipyard, the F-311 frigate, Roald Amundsen to the Royal Norwegian Navy, presided by the Norwegian Chief of Navy, Admiral Jan E. Finseth, and the President of Navantia, Juan Pedro Gómez Jaén. The delivery protocol has been signed by the Director of the shipyard, Ángel Recamán, and the Director of NDLO, General Trond Karlsen. Previous to the start of the ceremony, a minute of silence has been kept, as honor in memory of 4 workers died on board the frigate on May 11, 2005, while preparing it for the launching. After the signature of the protocol and the change of flags, the Chief of Navy has inspected the crew, and the crew has marched on board. Afterwards the guests have had the opportunity to go on board the Roald Amundsen.
