ADMARINE 505

The ADMARINE 505 is a jack-up drilling rig with a deadweight tonnage of 3,592 tonnes and a gross tonnage of 9,985 tonnes. Built in 2009 at Jurong Shipyard in Singapore, it is designed for offshore drilling operations, providing substantial stability and operational capabilities in various marine environments. The vessel's overall length is 69.22 meters, with a beam of 68.4 meters, optimizing its footprint for drilling activities. Currently flagged under Liberia, its operational status is active, indicating readiness for assignment.

The vessel's current status shows a speed of 0.1 knots, suggesting it is either moored or repositioning. The low draft indicates that the rig may be ballasted or preparing for a new operational area. The destination provided (MRJN 2040) implies potential future drilling engagements, which brokers can leverage for upcoming charter opportunities.

The ADMARINE 505 is well-positioned in the drilling market due to its operational status and recent construction. Brokers should note that its jack-up design is particularly suitable for shallow water drilling operations, which are prevalent in certain regions. The vessel's age suggests it may be competitive in charter rates, appealing to operators seeking cost-effective solutions. Its classification status, though currently unknown, will need to be verified for compliance with regulatory standards and market acceptance.

With a deadweight tonnage of 3,592 tonnes and a gross tonnage of 9,985 tonnes, the ADMARINE 505 offers significant capacity for equipment and personnel. However, the absence of detailed engine specifications limits the analysis of fuel efficiency and operational capabilities. Its construction at a reputable shipyard enhances confidence in its condition and performance. Brokers should consider the vessel's age and operational status when evaluating chartering decisions, as these factors heavily influence market competitiveness.