Keppel
Mission ‘Row Around Singapore Island’ 2015
With only 7 days to go to the big Singapore charity row, Row Around Singapore Island (RASI) the intrepid volunteer rowers from the maritime community of Singapore have been undertaking their final practice weekend at the Republic of Singapore Yacht Club. The original concept for this ground-breaking non-stop endurance challenge was conceived and organised by three friends Iain Anderson of RPC, Lewis Hart of Willis and Ian Teare of Norton Rose Fulbright. It will take around 24 hours and the rowing teams will face busy seaways, strong currents and choppy offshore waters as they tackle the 140 km distance around Singapore.
Newbuild Jack-up Rig Charter Exended
Maersk Drilling receives two-year term extension for newbuild jack-up rig 'XL Enhanced 2'. Det Norske Oljeselskap ASA (Det norske) has on behalf of the partners in the Ivar Aasen project, exercised its contractual right to extend the contract for the newbuild ultra harsh environment jack-up, XL Enhanced 2, by two years. Consequently, the duration of the firm contract is now five years. The estimated value of the two-year contract extension is approximately USD 280 million, bringing the total estimated contract value to approximately USD 700 million. Det norske has options to extend the contract up to a total of seven years.
Insights with an Kees Pilaar MD, Blohm + Voss
It could be argued that running an efficient, safe and profitable ship repair yard is one of the most difficult of all maritime jobs. First and foremost, unpredictability – in terms of planned and actual workload, as well as the very nature of the job themselves – is a recurring theme. Maintaining experienced staff in times good and bad; keeping ahead of evolving regulations, as they pertain to the local environment and the global ship market; and weathering the inevitable influx of cut-rate competition from emerging nations are but a sampling of the issues ship repair managers face every day.
