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barges expanding its vessel repair and marina service capabilities.

On July 20, 2005, "the Towing Compa- ny", as it is widely known, because of its lakes-wide presence and dominance in the tugboat market, marked its 106th

Anniversary with a groundbreaking cere- mony at the construction site.

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T&T Bisso

Respond to BP

Thunderhorse

T&T Bisso has been mobilized to the disabled BP Thundershorse semi-sub- mersible in Mississippi Canyon area

Block 776, to begin the salvage opera- tions. T&T Bisso responded rapidly and was on location within four hours after the first call for assistance. Currently the dewatering operation is underway.

T&TBisso is an alliance between T&T

Marine Salvage of Galveston, TX, and

Bisso Marine Co. of New Orleans, LA, the alliance was formed to offer the mar- itime and oilfield industries a full service salvage and firefighting option located locally in the Gulf of Mexico, T&T Bisso together possess 165 years of industry experience. T&T Bisso also offer OPA 90 coverage worldwide.

OSi Completes

Dry-Docking

Based in Houston, Texas, Ocean

Shipholdings, Inc.(OSI) has completed its first drydocking with Charleston, SC based Detyens Shipyard, Inc. (DSI). The 33,095 (DWT) tanker, USNS Paul Buck sailed into Charleston in April for a 51 day availability. The scope of work contained regular scheduled maintenance items, cargo tank and ballast tank blasting and coating, and a complete upgrade of the main engine bridge control system. "This was OSI's first repair availability with DSI," said Jeremy White with OSI, "and we have come away with a good impression of the shipyard's overall capa- bilities and workmanship."

Deepwater Frontier

Gets Contract

Transocean said that its High-Specifica- tion drillship, the Deepwater Frontier, was awarded a two-year contract by an inter- national oil and gas operator. The contract is expected to commence in the late-third quarter or early-fourth quarter of 2006.

The Deepwater Frontier is currently under contract to Petroleo Brasileiro S.A. (Petrobras) in Brazil until approximately

May 2006. Revenues of an estimated $234 million could be generated over the two-year contract period, excluding rev- enues for mobilization, demobilization and client reimbursables. The Deepwater

Frontier, a dynamically positioned, Fifth-

Generation drillship, is one of 32 High-

Specification rigs in the Transocean Inc. fleet, 13 of which are Fifth-Generation

Deepwater Floaters. The rig, which is capable of operating in water depths of up to 10,000 ft., entered active service in 1999 following its construction in Korea.

August, 2005 • MarineNews 7

NEWS 4420 14th Ave NW

Seattle, WA 98107

Tel: 206.789.3880

Toll Free: 1.800.762.0165 www.northern-lights.com [email protected]

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