Tuesday, January 13, 2009

Topaz subsidiary signs US$42 million contract with major Qatar Oil Company

Dubai-based offshore vessel owner and operator, Topaz Energy and Marine has announced that its subsidiary has signed a new contract with oil major Total E&P-Qatar, for two of its vessels, ‘Topaz Jumeirah’ and ‘DMS 2000’ with effect from February 16, 2009.

With the signing of the contract, the current contract of ‘Topaz Jumeirah’ and ‘DMS 2000’ gets renewed with TOTAL for a period of two years with extension options. The two vessels signed under contract are both AHTS vessels. ‘DMS 2000’ has been working with TOTAL- Qatar for the past two years while ‘Topaz Jumeirah’ has been working for the last six months. The contract value for both the vessels including options is valued at over US$42 million and is in direct continuation of their current ongoing contracts. The two vessels will support the drilling programs of TOTAL in the Al Khalij field in Offshore Qatar and will be operated by Doha Marine Services from their offices in Doha.

Transocean cancels rig deal

Offshore driller Transocean has canceled a record $550,000-a-day rig lease with Burgundy Global Exploration after the energy company failed to deposit cash in escrow.

Philippines-based Burgundy agreed last month to lease Transocean’s C Kirk Rhein Jr rig to search for oil in Filipino waters. The contract represented a 52% increase from the previous rate and the first time that type of rig commanded more than $500,000 a day. Switzerland-based Transocean disclosed the termination. The company said it’s pursuing “appropriate remedies,” without elaborating. South African energy producer Sasol’s current $362,000-a-day contract to use the Rhein off the coast of Mozambique expires this month. Transocean had a $41.1 billion backlog of orders as of 30 September. The record lease for any type of rig is the $652,000 daily rate agreed to by Italy’s Eni in July 2008 for Transocean’s Deep-water Pathfinder ship.

STX Europe to modernise tankers

STX Europe has signed contracts for modernizing a cruise vessel for Carnival Cruise Lines and two tankers for Neste Shipping.

MS Sensation of CCL will get 98 additional passenger cabin balconies as well as new black and grey water piping during the retrofit. MT Palva and Stena Poseidon of Neste will get crew accommodation refurbishing. The work onboard the oil tankers will be done while the vessels are in operation. The cruise vessel retrofit will be performed at Grand Bahama Shipyard during January and February 2009. In addition to ship building STX Europe has established a good reputation in providing lifecycle services. The intention is to respond to the needs of our newbuild customers thorough the whole life cycle of the vessels we have built and also offer upgrading and maintenance service to other customers. The Helsinki yard is converting two ro-ro-vessels for Finnlines. There are all sorts of new rules and regulations coming out, to which the industry and ships will have to adapt. The market for retrofits and refurbishments according to the new rules as well as ship modernizations and lengthenings are expected to grow significantly over the next few years.

Maersk ups calls at Syrian terminal

Danish shipping company Maersk Line has increased vessel calls at Tartous International Container Terminal (TICT) in Syria.

Maersk has doubled the vessel calls of the 1,550TEU ‘Hansa Bergen’ at the TICT, from one call every two weeks to one call every week. The megaliner operates feedering services in the eastern Mediterranean, which plies key ports in the region. ‘Hans Bergen’, in particular, calls at the ports of Tartous, Mersin in Turkey, and Port Said and Alexandria in Egypt. Romeo A. Salvador, TICT CEO and General Manager noted that TICT has been experiencing brisk business brought about by importers and exporters using TICT as an alternative gateway for Syrian trade. Plans are underway to boost operations through the upgrade of terminal systems and the deployment of more modern container handling equipment.
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Tokyo urges moored ships to switch off engines

The Tokyo metropolitan government will begin efforts in fiscal 2009 to encourage large ships moored in Tokyo Bay to shut down their engines, in a bid to eliminate carbon dioxide and airborne pollutant emissions.

Moored vessels commonly keep their engines running to ensure sufficient power for onboard operations such as lighting and air-conditioning systems. The Tokyo government, however, plans to supply this necessary power from land. The Tokyo government plans to begin supplying power to moored ships for a fee as early as fiscal 2011, and plans to start building a power transmitter at Hinode Pier in Minato Ward in fiscal 2009. The land power supply will initially be restricted to domestic vessels such as cargo ships, large ferries and sightseeing boats that consume large amounts of energy. About 4,000 vessels fall under this category annually. According to the Tokyo government's Ports and Harbours Bureau, about 25,000 domestic vessels and 6,500 foreign-registered vessels arrive in Tokyo Bay each year. The vessels often leave their engines running while moored to convert fuel oil into electricity. The practice emits large volumes of CO2, as well as acid rain-causing sulfur dioxide from the use of ship fuel with high sulfur content.
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