Xantic To Offer Fleet 33, Fleet 55 Services Globally
Xantic has become the first company to announce the availability of the new Fleet 33 and Fleet 55 services. Last Friday a contract was signed with Nera for upgrades of both Xantic Land Earth StationsLES’s in Holland (Burum) and Australia (Perth). The services will be available early April and will be provided in the 4 Ocean regions. At the same time Xantic’s Fleet 77 service will be enhanced by the addition of a 9.6k fax channel. Fleet 33 / Fleet 55 are the new Inmarsat services specifically targeted at smaller vessels who have data requirements. Prime segments include yachts, fishing, coast guards and coastal commercial coastal vessels operating within the Inmarsat spot beams.
Fleet Growth: Private Trends And Public Developments
According to Clarksons Research, the world fleet has experienced a sustained period of growth during the last decade, with owners based in the Asia/Pacific region responsible for the largest share of this expansion. However, since the start of 2014, European owners have regained market share. Whilst European fleet growth has traditionally been driven by private owners, recently it has been public companies growing at the fastest rate. Since the start of 2014, the European owned fleet has grown by 49.4m GT, accounting for 51.6% of global fleet growth.
Global Fleet Growth: A More Mature Trend?
The supply of ships into the fleet is a key determinant of vessel earnings across the shipping sectors, and world fleet growth is closely followed by everyone in the maritime industry, says Clarksons Research. In recent years the overall pace of growth of the world fleet appears to have slowed and stabilised. However, the pattern of fleet expansion across the key shipping segments shows a wider range of growth trends. Following a rapid expansion in the size of the fleet, the pace of world fleet growth has slowed in recent years.
Transocean Provides New Fleet Update Summary
Transocean Inc. issued a new monthly fleet update summary covering only newly signed contracts, significant changes to existing contracts and changes to estimated out of service time of 60 days or more since our fleet status report dated August 5, 2008. The new monthly fleet update summary is intended to simplify the fleet review and modeling process for those following the company. Going forward, we will issue a comprehensive fleet status report covering Transocean's entire 137-rig fleet shortly after the end of each calendar quarter, and we will update such report during the intervening months by issuing monthly fleet update summaries.
World Tanker Fleet Grows Slightly
Net tanker fleet addition of 0.5% during first half of 2001 According to Clarkson's fleet numbers, the tanker and combined carrier fleet increased by 1.4 million dwt to 311 million dwt during January to end June 2001. The Suezmax fleet increased by 1.7% whereas the VLCC fleet had a net change of 0.16%. (Source: Intertanko) The spreadsheet listing the fleet development for the various segments both in dwt and numbers is found on our web at: www.intertanko.com/pubupload/fleetdev.xls
Russian Sub 'Stary Oskol' Enters Black Sea
Russia’s Stary Oskol submarine, the third boat in Project 636.3 series for the Black Sea Fleet, on a voyage to its permanent base has passed the Bosporus and Dardanelles straits, TASS quoted the Black Sea Fleet spokesman Vyacheslav Trukhachev as saying. Stary Oskol is the third submarine in the series of six submarines built for the Black Sea Fleet at the Admiralty Verfi Shipyards in St. Petersburg. The Russian Black Sea Fleet currently operates four Project 636.3 submarines. The fleet is to receive a total of six submarines of this project.
Xantic Offers Free Airtime
Xantic, the first global provider of Inmarsat Fleet 33 and Fleet 55 for all four-ocean regions, announced a unique offer on these recently launched services. Together with the Fleet 77 service launched in the beginning of 2002, Xantic now offers the full suite of Inmarsat Fleet services. The Fleet 33 and Fleet 55 offer comprises US$ 500 of free airtime for each new activation using Xantic. It is available for terminals activated up until 1 April 2004 and the free traffic is to be used before 1 July 2004.
SeaKits Releases V3.0 for Fleet Maintenance Support
SeaKits, the developer and provider of the Marine Maintenance System (MMS), has released Version 3.0 of MMS Fleet Solutions providing expanded functionality for workboat fleets, including passenger, tow and service vessels. MMS Fleet Solutions V3.0 provides Port Engineers, Maintenance Managers, and company executives with fleet-level visibility of all planned and corrective maintenance activities including maintenance schedules/forecasts, work orders, and inventory levels. MMS Fleet Solutions leverages Cloud Computing and is available as Software-as-a-Service, requiring no local IT infrastructure or support of any kind. SeaKits recently signed a contract to provide turnkey implementation of MMS Fleet Solutions to Fire Island Ferries (FIFI) in Bay Shore, New York.
The Orderbook And The Fleet: A Golden Ratio?
The orderbook to fleet ratio is a useful indicator of future supply growth, both across the industry as a whole and within sectors, according to a research report by Clarksons. Since peaking in 2008, the orderbook has fallen significantly as a percentage of the total fleet, with the downward trend continuing in 2015 so far. Meanwhile, contrasting fortunes have caused the bulker and tanker orderbooks to move in opposite directions. One way to look at the orderbook, aside from its absolute level, is as a percentage of the fleet.
World Fleet Growth: Let’s Do The Time Warp Again?
Clarksons Research says that there has been a rapid expansion in the world fleet over the last decade. However, the pace of growth has slowed dramatically in recent years. Generally more limited contracting and subsequently significantly lower delivery volumes combined with firm levels of demolition and non-delivery have limited fleet expansion which now appears to be returning to its ‘pre-boom’ levels. Over the last two decades, the merchant fleet has grown by 160% in gross tonnage (GT) terms with around 755m GT added to the global fleet.
Sizing Up The World’s Shipping Companies
Shipping is a truly global industry with owners based all over the world, says Clarksons Research. Interestingly, ownership is also very fragmented with over 90,000 vessels owned by more than 24,000 shipowners, with an average of around four ships per owner. While there are a multitude of small owner companies, the relatively limited number of owners with very large fleets also exert a significant influence in today’s shipping markets. The world fleet currently stands at 92,867 vessels of 1.25bn GT, owned by 24,090 companies.
Los Angeles to Host Annual 'Fleet Week'
Mayor Eric Garcetti and U.S. Navy officials announced today that Los Angeles has been selected as an official Fleet Week market for the U.S. Navy, beginning in 2016. LA Fleet Week will run through Labor Day, with active military ships beginning to arrive in the days preceding the end-of-summer holiday weekend. LA Fleet Week will offer Angelenos greater access to ships, equipment, and sea service life than ever before. “As a Navy reservist, representing a City and Port with a rich military history…
MarAd To Recycle Three More Ships
The U.S. Department of Transportation’s Maritime Administration has signed contracts totaling $1,136,106 for the recycling of three obsolete ships from its reserve fleets. All three ships will be recycled at the Esco Marine facility in Brownsville, Texas. Two of the ships, Cape Catoche and Cape Carthage, are in the James River Reserve Fleet site at Fort Eustis in Virginia. When they depart the James River site for recycling, they will be the 68th and 69th ships to do so since January of 2001. The third ship, Del Viento, is in the Beaumont Reserve Fleet in Texas. The Maritime Administration keeps ships in three National Defense Reserve Fleet sites to support Armed Forces movements and to respond to national emergencies.
MISC Investing to Increase Fleet
MISC Bhd is investing to increase its fleet size by an additional 23 energy and chemical tankers and a containership, the company said The tankers include seven liquefied natural gas (LNG) tankers, eight chemical tankers, eight Aframax-class and very large crude carriers (VLCCs). The shipping company, which owns and operates the world’s largest LNG tanker fleet with 22 units, also has in its fleet 21 container vessels, 13 chemical tankers and 49 oil tankers. A company official said the expansion of the company’s fleet was for its business expansion. Source: Bizedge
Transocean Update On Fleet Contract Status
Transocean Inc. said that its report of drilling rig status and contract information covering the company's offshore drilling fleet has been updated as of July 31, 2007. Drilling rig status and contract information on Transocean Inc.'s offshore drilling fleet has been condensed into a report titled "Transocean Fleet Update," which is available through the company's Worldwide Web address at www.deepwater.com. The report can be accessed from the home page of the Web address by clicking on the Fleet Update Report link found in the tool bar.
Transocean Provides Update On Fleet Contract Status
Transocean Inc. announced that its report of drilling rig status and contract information covering the company's 140-unit offshore drilling fleet has been updated. Drilling rig status and contract information on the company's offshore drilling fleet has been condensed into a report titled Transocean Fleet Update, which is available through the company's website www.deepwater.com. The report can be accessed from the home page of the Web address by clicking on the Fleet Update Report link found in the tool bar.
NAVSEA Displays New Technology
Naval Sea Systems Command, led by its commander, VADM G.P. "Pete" Nanos, Jr., showcased some of the more than 330 new technologies, which recently have been identified for Fleet use, at the 2001 Fleet Maintenance Symposium (FMS) in San Diego August 28-30. The symposium had nearly 700 attendees, which was hosted by the American Society of Naval Engineers (ASNE) and included nearly 90 government and contractor exhibitors. Entitled "Fleet Maintenance in an Increasingly Digital World," the symposium provided a unique opportunity for Fleet Sailors and Marines to inspect and learn about innovations, technologies and new support efforts. On Aug.
Telenor Launches New Service
Telenor Satellite Services today announced the commercial launch of Telenor Fleet F55, the first high-speed data solution available for coastal and regional vessels and large yachts. The company also announced that it plans to commercially launch the third member of the Inmarsat Fleet family, Fleet F33, by the end of November. The two new services provide small to medium-sized vessels a powerful communications solution incorporating global voice and a range of data and fax services. Telenor Fleet F55 service offers maritime customers high-speed data communications, at up to 64kbps, in smaller equipment suitable for smaller vessels. F55 service provides users the flexibility of mobile ISDN and Mobile Packet Data Service (MPDS)…
Maersk to Install Inmarsat's Entertainment Service
The leading provider of global mobile satellite communications services, today announced that Maersk Tankers, the owner and operator of one of the world’s largest fleets of product tankers, has chosen to install Inmarsat’s Fleet Media maritime entertainment service on 30 of its vessels as part of a pilot scheme. Maersk Tankers Head of Vessel IT, Henning Madsen, said “We have chosen to install the new Fleet Media service as we wish to provide our employees with an entertainment system which is up-to-date, with the most recent content and frequently refreshed.
Gas Carrier Fleet Nears a New Milestone
In the last two decades gas shipping sectors have been amongst the faster growing parts of the the world of global shipping industry, says Clarksons Research. This week’s Analysis takes a look at how shipping’s ‘coolest’ sector has grown in prominence to become part of the mainstream, and some of the ups and downs along the way. Gas (LNG and LPG) shipping may once have been considered by some as a relatively niche part of global shipping, with the fleet and trade volumes dwarfed by other sectors.
Shrinking Violets Amidst Global Fleet’s Flower Power
Clarksons Research says that in many instances the shipping industry is all about growth, with trade volumes expanding along with the world economy and fleet capacity growing too. However, that’s not exclusively the case. Today, trade volumes in some commodities are stalling, and there are some parts of the fleet that are on the wane. What might a look at some of those shrinking sectors tell us? There are a number of reasons that can drive fleets into decline. The first is technological substitution by another sector. The reefer fleet is a good example.
Navy Reestablishes U.S. Fourth Fleet
Chief of Naval Operations (CNO) Adm. Gary Roughead announced today the reestablishment of U.S. 4th Fleet and assigned Rear Adm. Joseph D. Kernan, currently serving as Commander, Naval Special Warfare Command, as its first commander. 4th Fleet will be responsible for U.S. Navy ships, aircraft and submarines operating in the U.S. Southern Command (SOUTHCOM) area of focus, which encompasses the Caribbean, and Central and and the surrounding waters. Located in , , and dual-hatted with Commander, U.S. Naval Forces Southern Command (COMUSNAVSO), 4th Fleet reestablishment addresses the increased role of maritime forces in the SOUTHCOM area of focus, and demonstrates commitment to regional partners.
Fleet Xpress a Success in Challenging Antarctic
Inmarsat together with Global Marine Networks and Network Innovations, today announced the successful trial and subsequent commercial order for Fleet Xpress in Antarctic waters. Fleet Xpress, installed on board the adventure cruise ship Ocean Nova, delivered robust communications in one of the most hostile environments on the planet. Fleet Xpress, the hybrid Ka and L-band service using Inmarsat’s Global Xpress network, delivers the world’s first globally available high-speed broadband service from a single network operator.