Maersk Contractors has named its latest newbuilding drilling rig from Jurong Shipyard, Singapore.
Mrs Beth Allen, accompanied by her husband, Mr William S Allen, Senior Vice President, AP Moller-Maersk, named the rig ‘Maersk Convincer’ at a ceremony at the yard yesterday. The rig is the second of two identical jack-up rigs acquired by the AP Moller–Maersk Group in July 2006. The rig is capable of operating in water depths up to 375 feet (115 metres) in most parts of the world including the harsh environment of the central and southern parts of the North Sea. The new rig is of the Baker Marine Pacific Class 375 design and distances itself from conventional jack-ups in several areas, not least on the drill floor where the highly mechanized equipment leads to increased safety of the crew. The sophisticated drilling equipment will also make the rigs well qualified for drilling deep and difficult wells, including high temperature/high pressure wells. The first assignment for the ‘Maersk Convincer’ is a one-year drilling contract with an option to extend the contract, with Brunei Shell Petroleum offshore Brunei.
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Tuesday, August 19, 2008
Grimaldi Group to increase capacity to Israel
The new single hull vessel "Eurocargo Salerno" will replace M/V Spes on August 22 which has been on service for several years.
Grimaldi Group announced a decision to place larger capacity vessels on its Israel service. The company said that the ro-ro / container carrier Eurocargo Salerno will call the port of Ashdod. Grimaldi Group offers a direct ro/ro and container service every 7 days from/ to Ravenna, Koper, Monfalcone, Piraeus, Haifa, Ashdod and Izmir, Carrying containers, cars, vans, commercial vehicles, trucks and general cargo between the Adriatic ports and the Eastern Mediterranean. At present two vessels are deployed on this service: the Fides and Spes with speed of 18 knots, and a total cargo capacity of 800 lane meters, 350 TEUS and 1300 cars. on August 22 the new single hull vessel "Eurocargo Salerno" will replace M/V Spes which has been on service for several years. Ephraim Alter, General Manager Allalouf & Co. Shipping Ltd, which represents Grimaldi Group in Israel, noted that during the first half of 2008 the Adriatic ro-ro service experienced an outstanding increase in demand making it necessary to replace the vessels with larger capacity ships.
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Grimaldi Group announced a decision to place larger capacity vessels on its Israel service. The company said that the ro-ro / container carrier Eurocargo Salerno will call the port of Ashdod. Grimaldi Group offers a direct ro/ro and container service every 7 days from/ to Ravenna, Koper, Monfalcone, Piraeus, Haifa, Ashdod and Izmir, Carrying containers, cars, vans, commercial vehicles, trucks and general cargo between the Adriatic ports and the Eastern Mediterranean. At present two vessels are deployed on this service: the Fides and Spes with speed of 18 knots, and a total cargo capacity of 800 lane meters, 350 TEUS and 1300 cars. on August 22 the new single hull vessel "Eurocargo Salerno" will replace M/V Spes which has been on service for several years. Ephraim Alter, General Manager Allalouf & Co. Shipping Ltd, which represents Grimaldi Group in Israel, noted that during the first half of 2008 the Adriatic ro-ro service experienced an outstanding increase in demand making it necessary to replace the vessels with larger capacity ships.
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Doosan backs away from DSME bid
South Korea’s Doosan Group has revealed that it does not intend to participate for a 50.4% stake in Daewoo Shipbuilding and Marine Engineering, the world’s third largest shipbuilder.
The decision, the result of a negative shareholder reaction to the financial burden of the purchase, comes as DSME stakeholder Korea Development Bank opens the bidding process for the yard. Steel producer POSCO is expected to emerge as the leader of the pack of other companies bidding for the DSME stake which carries an estimated value of $4bn.
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The decision, the result of a negative shareholder reaction to the financial burden of the purchase, comes as DSME stakeholder Korea Development Bank opens the bidding process for the yard. Steel producer POSCO is expected to emerge as the leader of the pack of other companies bidding for the DSME stake which carries an estimated value of $4bn.
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