Maersk Drilling, a unit of Danish shipping and oil group A.P. Moller-Maersk , said on Tuesday it had entered into a four-year $780 million deal with London-based BP for a deepwater rig, Reuters reports.
The contract was for the ultra deepwater semi-submersible rig "Maersk Discoverer" for work initially offshore Egypt, and the maximum contract value was about $780 million, including mobilisation fees, the company said in a statement.
"We hope it can pave the way for strengthening our position as a reliable contractor for BP within the deepwater segment," said Maersk Drilling Chief Executive Claus Hemmingsen in the statement.
The four-year contract includes an option for a further year, and is expected to commence in the second quarter of 2012, it said.
Shares in A.P. Moller-Maersk were down 0.3 percent at 36,760 crowns at 0728 GMT, in line with the Copenhagen stock exchange's benchmark index .
Todays Keel Laying for Royal Princess Marks Construction Milestone
A significant construction milestone occurred today when the keel for the new Royal Princess was laid in the building dock at the Fincantieri shipyard in Monfalcone, Italy, The San Francisco Chronicle reports. As the keel - the bottommost part of the ship - was ceremoniously lowered into position, Princess Cruises and shipyard officials marked the occasion with a celebration and countdown to the ship's debut in spring 2013.
Following a traditional blessing by a priest, the ship's keel - which weighs approximately 500 tons - was moved into position by a huge crane onto the keel blocks. The computer-guided maneuver took only minutes, belying the more than two million man hours that will ultimately go into building the vessel. The 3,600-passenger, 141,000-ton ship will remain in the building dock until its float-out next summer. www.sfgate.com/cg...
Turkish Investor Yildrim vetoes CMA CGM plan for up to 20 new containerships
A proposed order by CMA CGM for up to 20 10,000teu containerships has been vetoed by Turkish businessman Robert Yildirim , who exerted his group’s voting rights on the French shipping line’s board, ifw-net reports.
The initial order was to have been for 10 vessels, to be followed by a second series of 10, built by Chinese yards and chartered to CMA CGM for 10 years.
“This effectively meant the operator would be buying the ships,” Yildirim said.
In July, CMA CGM revealed it was in talks with Chinese interests about new ships to serve emerging markets, such as South America.
But Yildirim Group, instrumental in the financial rescue of the French carrier by investing $500 million for a 20% stake, has a veto over major decisions through voting rights acquired as part of the rescue deal.
“CMA CGM cannot make major decisions without our approval,” Yildirim said.
“Our aim is to see CMA CGM emerge more strongly, and such an order at this time would not be in the interests of the company or the container market.”
K Line to launch new Northeast Asia to Southeast Asia service in November
Kawasaki Kisen Kaisha (K Line) will launch a new weekly service called Jaseco-J from Northeast Asia to Southeast Asia from 3 November, Seatrade Asia online reports. “K Line aims to expand the service coverage to/from China to the Philippines and Indonesia with this direct service (...),” the Japan-based container line said.
The port rotation will be Qingdao, Shanghai, Ningbo, Hong Kong, Manila South Port, Manila North Port, Jakarta, Surabaya, Manila South Port, Hong Kong and back to Qingdao.
E.R. Schiffahrt Christens Two Container Mega Carriers in Ulsan
At the weekend, the Hamburg shipowner E.R. Schiffahrt christened its first two 13,100 standard container mega carriers in Ulsan, South Korea. At 366 metres long, 48.2 metres wide and 15.5 metres draught, they are among the largest container ships sailing the world’s oceans today.
The “E.R. Benedetta” and the “E.R. Cristina” are the 100th and 101st ships put into operation by E.R. Schiffahrt, which was founded in 1998. The huge container ships will be commissioned on 29 November and 20 December 2011 and will fly the German flag. There will be two cadets in each of the ship’s 20-person crews. The ships were built by Hyundai Heavy Industries, the largest shipyard in the world. Since 2002 E.R. Schiffahrt has ordered 79 ships, totalling more than five billion US dollars from the yard. Hyundai is working on six further 13,100-TEU (= twenty foot equivalent unit) sister ships for E.R. Schiffahrt, which are expected to be delivered by May 2012. Both freighters are on long-term charters to the second largest liner shipping company in the world, MSC (Mediterranean Shipping Company Ltd., based in Geneva, Switzerland). More at worldmaritimenews...
Maersk to Make More Regular Use of Armed Guards on Ships
AP Moller-Maersk will make more regular use of armed guards on tankers passing through the Gulf of Aden, the company has confirmed (Source: InterManager, October 17, 2011). However, there are “no immediate plans” to extend the policy to containerships, Maersk Tankers chief technical officer Steffen Jacobsen added.
It remains unclear which contractor is likely to pick up the work, with security industry sources suggesting that it will probably have to be divided between several providers.
The world’s largest shipping concern has seen attacks on a number of its ships, most famously on boxship Maersk Alabama, but has previously employed guards only on an ad hoc basis. Read more at worldmaritimenews...
Recently the French operator Compagnie Maritime Nantaise (CMN) signed a contract with Hyundai MIPO, South Korea for two new RoCon vessels with an option for a third unit. Knud E. Hansen A/S has worked closely with CMN over the past year to develop the design. Main dimensions of the vessels: Length overall 160.0 m, breadth 27.0 m, max draught 7.2 m. RoRo capacity: 2800 lanmeters. Container capacity: 903 TEU.
Evergreen Marine Signs USD 824 Million Loan Agreement for New Vessels
Evergreen Marine announced on Friday the signing of a $824m syndicated loan agreement with nine domestic banks to fund its shipbuilding plans, Shipbuilding Tribune reports. The loans, repayable over 10 years, will cover an order placed in May with state-owned shipyard CSBC Corp to build 10 containerships of 8,000 teu for $1.03bn.
Daewoo Shipbuilding & Marine Engineering said on Monday that it had secured a combined $1.95 billion worth of deals, Reuters reports. The South Korean shipbuilder said in a statement that it had signed a $1.4 billion deal to construct an offshore natural gas platform in Australia for Chevron Corp (CVX.N), and a $550 million agreement to build a drillship for an unidentified firm.
IAMSP Expresses Concerns Over Recent Pirate Attacks
Allan McDougall, President of the International Association of Maritime Security Professionals (IAMSP) is expressing concern over what he calls a series of “near misses.” We have recently had three attacks that have been touted as successes, but these are at the very best, qualified successes and should more appropriately be considered near misses.
He points to the fact that security is not just about avoiding a hijacking—it is about maintenance of operations and protection of personnel. The purpose of shipping is very simple—the movement of persons and goods from one point to an intended destination so that they arrive at that destination on time, in reasonable condition acceptable condition and for reasonable cost.
Just recently we have reports of a ship being attacked in the Arabian Sea. The response to the attack was to summon assistance, move to a safe room and have the ship take evasive action to avoid boarding. The problem here is in a lack of a complete security posture. With nobody resisting the boarding (armed security or crew with fire hoses), the pirates were pretty much able to work on the wire on the ship without interference. The fact that the report indicates that the wire was noticed as missing after the attack shows some pretty basic issues with maintaining good surveillance around the vessel.
In this case, the attack is reported to have lasted two hours. That attack, with the right kind of security on board, would have been over much faster, getting the ship and her crew out of harm’s way.
In the second case, the crew was able to inform naval assets that they were all secured in the safe room by throwing a bottle out the window. Again, he says, this is pointing to a lack of understanding of the basic infrastructure needed in the safe rooms or the citadels. Military forces in the area have been very clear about what they need to know in order to engage under these conditions—there really is no viable excuse for not having a system in place that doesn`t involve throwing something out the window.
In this case, there is a need for that company to review how it’s equipping that last line of defence.
On the third case, he notes that another vessel had been reported safe and towed to Mombasa, Kenya with its personnel having been evacuated to a naval vessel. What is astounding is that this was characterized as anything but a failure—the fact of the matter is that the ship was severely damaged, as was a portion of its cargo.
Mr McDougall points out that there needs to be revitalization in how companies look at security. This is simply about understanding what you want to protect, what is threatening it, understanding how you are vulnerable, exercising due care and taking steps to provide appropriate security controls. If you decide to cut corners in this industry, you fail—it is something that is well understood in many maritime disciplines but one that has still got to take hold in the maritime security community.
He points out that the IAMSP is expanding its library of resources for the maritime security community at www.iamsponline.org, making those resources available to members and non-members alike at no charge. He points out that IAMSP is currently taking a leading role in building capacity within the overall maritime community and that the Association has been meeting that role and others, including the vetting of security firms, for some time now.