Marseilles: CMA CGM announces the launching of a new joint service with Maersk Line linking North Asia and Black Sea, dubbed the New Bosphorous Express.
The service will be with 10 containerships of 6,500teu, each line supplying five. The first vessel to be deployed will be the CMA CGM Baudelaire leaving Dalian on May 20.Rotation will be: Dalian, Tianjin, Busan, Shanghai, Ningbo, Taipei, Chiwan, Yantian, Tanjung Pelepas, Port Kelang, Aqaba, Port Said, Damietta, Istanbul Evyap, Istanbul Ambarli, Constanza, Illichivsk, Odessa, Damietta, Port Said, Port Kelang, Tanjung Pelepas, Dalian. After some difficult months of economic recession in the countries bordering the Black Sea, we are starting to see some signs of recovery in the exchanged flows to and from Asia," says Christine Cabau, CMA CGM's svp Asia/Mediterranean, Red Sea, Black Sea & Adriatic Lines. "CMA CGM wishes to accompany its clients in the area with reshuffled direct coverage whilst ensuring stability of the capacity on offer. This new product will reinforce our port coverage as well as overall service quality and reliability.
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Tuesday, May 12, 2009
Bisso Marine Adds New Lay Barge
Bisso Marine, a premier provider of energy and maritime support services, has expanded its growing fleet by purchasing a third pipelay barge .
The former G/P 37 was purchased from Global Industries and will be renamed the L/B Warrior Chief. The L/B Warrior Chief adds depth and capacity to our experienced fleet, allowing us to provide an even greater level of quality and service,” said W.A. “Beau” Bisso IV, president and chief executive officer of the company. The 188 by 60 by 14-foot L/B Warrior Chief can accommodate 65 people and features a 40 ft diameter helideck. The multi-purpose pipelay platform also will serve as a dive support platform and saturation diving platform. Built in 1981, the L/B Warrior Chief is classified ABS A-1 and has a Coast Guard COI. The vessel is a conventional S-lay barge with four work stations and a 40-kip tensioner. It is outfitted with a 525-psi Patterson jet pumping system and an eight-point mooring system. It is configured to lay up to a 20-inch single pipeline.Read More
The former G/P 37 was purchased from Global Industries and will be renamed the L/B Warrior Chief. The L/B Warrior Chief adds depth and capacity to our experienced fleet, allowing us to provide an even greater level of quality and service,” said W.A. “Beau” Bisso IV, president and chief executive officer of the company. The 188 by 60 by 14-foot L/B Warrior Chief can accommodate 65 people and features a 40 ft diameter helideck. The multi-purpose pipelay platform also will serve as a dive support platform and saturation diving platform. Built in 1981, the L/B Warrior Chief is classified ABS A-1 and has a Coast Guard COI. The vessel is a conventional S-lay barge with four work stations and a 40-kip tensioner. It is outfitted with a 525-psi Patterson jet pumping system and an eight-point mooring system. It is configured to lay up to a 20-inch single pipeline.
Ensco gives Petrosucre termination notice over ENSCO 69
CARACAS: Ensco International Inc. (NYSE: ESV) has submitted a notice of termination to PDVSA subsidiary Petrosucre, regarding the contract for jackup ENSCO 69.
Since May 2007, ENSCO 69 has been contracted to Petrosucre. In January 2009, Ensco suspended drilling operations after Petrosucre failed to meet commitments regarding the payment of past due invoices. Petrosucre subsequently resumed ENSCO 69 drilling operations with its employees and a portion of the Venezuelan crews utilized by Ensco, under observation by Ensco's supervisory rig personnel. Petrosucre advised Ensco at the time that it was temporarily taking over operations on the rig. Since January 2009, Ensco said it has engaged in discussions and exchanges of correspondence with Petrosucre regarding each party's contractual rights and obligations, but a resolution has not been reached. In prior disclosure, Ensco noted that should a satisfactory resolution not be reached, Ensco may submit a notice of termination as outlined in the provisions of the contract giving Ensco a right to terminate in the event of non-payment.Read More
Since May 2007, ENSCO 69 has been contracted to Petrosucre. In January 2009, Ensco suspended drilling operations after Petrosucre failed to meet commitments regarding the payment of past due invoices. Petrosucre subsequently resumed ENSCO 69 drilling operations with its employees and a portion of the Venezuelan crews utilized by Ensco, under observation by Ensco's supervisory rig personnel. Petrosucre advised Ensco at the time that it was temporarily taking over operations on the rig. Since January 2009, Ensco said it has engaged in discussions and exchanges of correspondence with Petrosucre regarding each party's contractual rights and obligations, but a resolution has not been reached. In prior disclosure, Ensco noted that should a satisfactory resolution not be reached, Ensco may submit a notice of termination as outlined in the provisions of the contract giving Ensco a right to terminate in the event of non-payment.
Middle East Tanker Glut Little Changed as Owners Pay to Ship
A surplus of supertankers competing to ship Middle East oil around the world was little changed as rental income on some voyages fell so low that owners were prepared to contribute to fuel costs to leave the region.
There are 28 percent more vessels for hire over the next 30 days than there are cargoes, according to the median estimate of four shipbrokers, two owners, one derivatives broker and one trader surveyed by Bloomberg News yesterday. A week ago, there were 30 percent more ships than cargoes. Owners are contributing $6,023 a day toward fuel and port costs to ship cargoes of Middle East crude oil to the U.S., according to prices from the London-based Baltic Exchange. For Japanese shipments, the industry benchmark voyages, cargoes are earning $4,859 a day, still not enough to pay for the crew, repairs and other daily running costs. For owners who want to move their ships west to seek more profitable employment, getting some of the fuel paid for may be a better option than sailing empty, which works out at almost $30,000 a day.
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There are 28 percent more vessels for hire over the next 30 days than there are cargoes, according to the median estimate of four shipbrokers, two owners, one derivatives broker and one trader surveyed by Bloomberg News yesterday. A week ago, there were 30 percent more ships than cargoes. Owners are contributing $6,023 a day toward fuel and port costs to ship cargoes of Middle East crude oil to the U.S., according to prices from the London-based Baltic Exchange. For Japanese shipments, the industry benchmark voyages, cargoes are earning $4,859 a day, still not enough to pay for the crew, repairs and other daily running costs. For owners who want to move their ships west to seek more profitable employment, getting some of the fuel paid for may be a better option than sailing empty, which works out at almost $30,000 a day.
Monday, May 11, 2009
Asian shipyards under pressure as many die breaking down ships
When it comes to jobs that workers in rich Western countries don't want, there are few more dirty and dangerous than scrapping the world's freighters, luxury liners and oil tankers.
Explosions and fires kill scores of poorly equipped workers each year in South Asia where most ships are broken apart. The region's beaches are littered with rusting vessels, staining the sands with oils and other chemicals but companies are under growing pressure to protect workers and the environment. Governments will meet Monday in Hong Kong to consider approving the International Convention for the Safe and Environmentally Sound Recycling of Ships, which aims to make the industry safer and greener.During the five-day meeting, countries are expected to agree on measures that require new ships to limit the amounts of hazardous materials they're built with and require older ships to be broken down in yards that meet certain environmental standards. The convention is also expected to require recycling facilities to put in place measures that reduce explosions and other accidents as well ensuring workers are properly trained and provided with safety equipment such as gloves, goggles and face masks.Read More
Explosions and fires kill scores of poorly equipped workers each year in South Asia where most ships are broken apart. The region's beaches are littered with rusting vessels, staining the sands with oils and other chemicals but companies are under growing pressure to protect workers and the environment. Governments will meet Monday in Hong Kong to consider approving the International Convention for the Safe and Environmentally Sound Recycling of Ships, which aims to make the industry safer and greener.During the five-day meeting, countries are expected to agree on measures that require new ships to limit the amounts of hazardous materials they're built with and require older ships to be broken down in yards that meet certain environmental standards. The convention is also expected to require recycling facilities to put in place measures that reduce explosions and other accidents as well ensuring workers are properly trained and provided with safety equipment such as gloves, goggles and face masks.
Offshore rig utilization at lowest level since 2000
HOUSTON, TEXAS: The worldwide offshore rig count declined this week by a net five rigs, according to ODS-Petrodata's Weekly Mobile Offshore Rig Count.
This week, 589 of the world's 723 active mobile offshore drilling units are under contract, and worldwide offshore rig fleet utilization is 81.5 percent. This is the lowest worldwide offshore rig fleet utilization rate recorded since October 2000.The number of rigs under contract in the U.S. Gulf of Mexico is unchanged this week, but a rig has left the region's fleet, giving a slight boost to utilization. This week, with 71 of the 114 mobile offshore drilling rigs in the U.S. Gulf under contract, fleet utilization is 62.3 percent. More rigs are expected to leave the depressed U.S. market as the year progresses. The South American and European offshore rig counts are unchanged this week. With 82 of 108 mobile offshore drilling units under contract in South America, the region's fleet utilization rate remains 75.9 percent. In European waters and the Mediterranean Sea, 103 of 106 mobile offshore rigs are under contract for a healthy fleet utilization rate of 97.2 percent.
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This week, 589 of the world's 723 active mobile offshore drilling units are under contract, and worldwide offshore rig fleet utilization is 81.5 percent. This is the lowest worldwide offshore rig fleet utilization rate recorded since October 2000.The number of rigs under contract in the U.S. Gulf of Mexico is unchanged this week, but a rig has left the region's fleet, giving a slight boost to utilization. This week, with 71 of the 114 mobile offshore drilling rigs in the U.S. Gulf under contract, fleet utilization is 62.3 percent. More rigs are expected to leave the depressed U.S. market as the year progresses. The South American and European offshore rig counts are unchanged this week. With 82 of 108 mobile offshore drilling units under contract in South America, the region's fleet utilization rate remains 75.9 percent. In European waters and the Mediterranean Sea, 103 of 106 mobile offshore rigs are under contract for a healthy fleet utilization rate of 97.2 percent.
Nordic Seaarland names new product carriers
Nordic Seaarland Tankers has named two new 37,500DWT product/chemical tankers at Korea's Hyundai Mipo yard.
‘Nordic Agnetha’ was delivered on May 8, while ‘Amy’ will be delivered in July.Both vessels will be managed by Netherlands-based Seaarland Shipping Management, and will be entered into the Handytankers pool. The two vessels bring the fleet of the Nordic Seaarland joint venture to five modern product/chemical carriers. Nordic Seaarland Tankers is a joint venture company which was established in April 2006 between Seaarland and Nordic Tankers.Read More
‘Nordic Agnetha’ was delivered on May 8, while ‘Amy’ will be delivered in July.Both vessels will be managed by Netherlands-based Seaarland Shipping Management, and will be entered into the Handytankers pool. The two vessels bring the fleet of the Nordic Seaarland joint venture to five modern product/chemical carriers. Nordic Seaarland Tankers is a joint venture company which was established in April 2006 between Seaarland and Nordic Tankers.
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