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28 Maritime Reporter & Engineering News transporting goods." "Vasiliki epitomizes the type of gradu- ate student whom we seek to recruit to our program here at Maritime," says Dr. Larry Howard, Chair of GBAT, "and with Jim Drogan, our Graduate Program Director, and Bob Wolf, our new Director of Graduate Admissions, I believe we have an excellent team that will successfully market Maritime to intelligent young scholars like Vasiliki, who desire to immerse themselves in an intense study of the integrated processes and activities of maritime transporta- tion." AVEVA Restructures in China AVEVA has restructured its Chinese operations into two operational divi- sions. The move will dedicate AVEVA's VANTAGE engineering solutions and personnel to the unique requirements associated with each of the industry sec- tors; delivering solutions, support and consultancy more effectively. The two divisions will be run from AVEVA's Asia Pacific operation and headed by: Ms Liu Xiao Bin, Vice President, for the Guangzhou-based China Process and Power Division; and Ms. Zhou Chun, Vice President, for the Shanghai-based China Marine Division. The China Marine Division will be responsible for serving all aspects of marine engineering and construction (including both shipbuilding and off- shore facilities), to organizations includ- ing: China Shipbuilding Industry Corporation (CSIC), China State Shipbuilding Corporation (CSSC), and China Ocean Shipping (Group) Company (COSCO). Transocean Inc. Wins Contracts for Rigs The Transocean Leader, a fourth-gen- eration, deepwater semi-submersible rig, won a one-year contract from Statoil ASA for exploration and development drilling operations offshore Norway. The Transocean Leader is expected to commence the contract by September 2007, in direct continuation of the rig's current contract, also with Statoil in Norway. Expected revenues are approx- imately $133 million. Additionally, Oil and Natural Gas Corporation Ltd. (ONGC) of India awarded the ultra-deepwater drillship Discoverer Seven Seas a three-year con- tract for drilling operations offshore India. The drillship is expected to com- plete its current three-year contract with ONGC by February 2007 and com- mence the new contract by the end of May 2007, following an estimated 90- day planned shipyard program. Revenues of approximately $345 mil- lion could be generated over the three- year contract period, excluding revenues for comprehensive services that include well planning, operations support and logistics management. Contract to Modify Ferry Design Verreault Navigation Inc. of Les Méchins, Quebec, won a $4.8 million contract to modify and enhance some of the design elements of the ferry M/V Madeleine operated by CTMA Traversier Ltée. between Cap-aux- Meules, in the Iles-de-la-Madeleine, Quebec, and Souris, Prince Edward Island. The Madeleine will be equipped with a new stern and modified to expand the loading deck, allowing the ferry to carry more cargo and dock more easily, and provide better access for inspections and maintenance. This work is expected to prolong the life of the ferry by 10 to 15 years. Verreault Navigation Inc. will undertake these modifications between February and March 2006. Circle 209 on Reader Service Card MR NOVEMBER 2005 #4 (25-32).qxd 10/28/2005 9:57 AM Page 28
