2.2.0.7 false Fleet Expansion and Renewal Program 0204 - Disclosure - Fleet Expansion and Renewal Program true false false false 1 USD false false USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDEPS Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 $ 2 Fleet Expansion and Renewal Program Abstract 0 glf_FleetExpansionAndRenewalProgramAbstract glf false na duration Fleet Expansion And Renewa lProgram. false false false false false true false false false false false false 1 false false false false 0 0 false false false xbrli:stringItemType string Fleet Expansion And Renewa lProgram. false 3 FLEET EXPANSION AND RENEWAL PROGRAM 1 glf_FleetExpansionAndRenewalProgramTextBlock glf false na duration Fleet Expansion And Renewal Program. false false false false false false false false false false false verboselabel false 1 false false false false 0 0   <div style="font-family: 'Times New Roman',Times,serif"> <div align="justify" style="font-size: 12pt; margin-top: 10pt"><b>(4) FLEET EXPANSION AND RENEWAL PROGRAM</b> </div> <div align="justify" style="font-size: 12pt; margin-top: 10pt">     During 2010, we have taken delivery of three vessels that were under construction at December 31, 2009. As of October 27, 2010, we have one vessel that is being held for sale that is not included in our fleet numbers and have no vessels under construction. In the second quarter of 2010, we sold one of our Americas vessels and recorded a $0.1 million loss. At the end of the third quarter of 2010, we sold one of our North Sea vessels and recorded a $5.2 million gain. The following table illustrates the details of the vessels added and disposed of since December 31, 2009. </div>   </div>  <div style="font-family: 'Times New Roman',Times,serif"> <div align="left"> <table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="96%">  <tr valign="bottom"> <td width="23%"> </td> <td width="4%"> </td> <td width="1%"> </td> <td width="5%"> </td> <td width="1%"> </td> <td width="4%"> </td> <td width="1%"> </td> <td width="5%"> </td> <td width="1%"> </td> <td width="4%"> </td> <td width="1%"> </td> <td width="5%"> </td> <td width="1%"> </td> <td width="4%"> </td> <td width="1%"> </td> <td width="5%"> </td> <td width="1%"> </td> <td width="4%"> </td> <td width="1%"> </td> <td width="5%"> </td> <td width="1%"> </td> <td width="4%"> </td> <td width="1%"> </td> <td width="5%"> </td> <td width="1%"> </td> <td width="4%"> </td> <td width="1%"> </td> <td width="5%"> </td> <td width="1%"> </td> </tr> <tr style="font-size: 1px"> <td colspan="29" align="left" style="border-top: 2px solid #000000"> </td> </tr> <tr style="font-size: 10pt" valign="bottom"> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td nowrap="nowrap" align="center" colspan="3"><b>Year</b></td> <td> </td> <td nowrap="nowrap" align="center" colspan="3"><b>Length</b></td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td nowrap="nowrap" align="center" colspan="3"><b>Month</b></td> </tr> <tr style="font-size: 10pt" valign="bottom"> <td nowrap="nowrap" align="center" style="border-bottom: 1px solid #ffffff"><b>Vessel</b></td> <td> </td> <td nowrap="nowrap" align="center" colspan="3" style="border-bottom: 1px solid #ffffff"><b>Region</b></td> <td> </td> <td nowrap="nowrap" align="center" colspan="3" style="border-bottom: 1px solid #ffffff"><b>Type</b><sup style="font-size: 85%; vertical-align: text-top"> (1)</sup></td> <td> </td> <td nowrap="nowrap" align="center" colspan="3"><b>Built</b></td> <td> </td> <td nowrap="nowrap" align="center" colspan="3"><b>(feet)</b></td> <td> </td> <td nowrap="nowrap" align="center" colspan="3" style="border-bottom: 1px solid #ffffff"><b>BHP</b><sup style="font-size: 85%; vertical-align: text-top"> (2)</sup></td> <td> </td> <td nowrap="nowrap" align="center" colspan="3" style="border-bottom: 1px solid #ffffff"><b>DWT</b><sup style="font-size: 85%; vertical-align: text-top"> (3)</sup></td> <td> </td> <td nowrap="nowrap" align="center" colspan="3"><b>Delivered/Disposed</b></td> </tr>   <tr style="font-size: 1px"> <td colspan="29" align="left" style="border-top: 2px solid #000000"> </td> </tr> <tr style="font-size: 10pt"> <td> </td> </tr> <tr valign="bottom" style="background: #cceeff"> <td nowrap="nowrap" align="center" colspan="28" style="border-bottom: 1px solid #ffffff"><b>Vessel Additions Since December 31, 2009</b></td> <td> </td> </tr> <tr valign="bottom"> <td> <div style="margin-left:15px; text-indent:-15px">  </div></td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> </tr> <tr valign="bottom"> <td> <div style="margin-left:15px; text-indent:-15px"><i>North Purpose</i> </div></td> <td> </td> <td colspan="3" align="center">N. Sea</td> <td> </td> <td colspan="3" align="center">PSV</td> <td> </td> <td> </td> <td align="right">2010</td> <td> </td> <td> </td> <td> </td> <td align="right">284</td> <td> </td> <td> </td> <td> </td> <td align="right">10,600</td> <td> </td> <td> </td> <td> </td> <td align="right">4,850</td> <td> </td> <td> </td> <td colspan="3" align="center">Feb-10</td> </tr> <tr valign="bottom" style="background: #cceeff"> <td> <div style="margin-left:15px; text-indent:-15px"><i>Sea Valiant</i> </div></td> <td> </td> <td colspan="3" align="center">SEA</td> <td> </td> <td colspan="3" align="center">AHTS</td> <td> </td> <td> </td> <td align="right">2010</td> <td> </td> <td> </td> <td> </td> <td align="right">230</td> <td> </td> <td> </td> <td> </td> <td align="right">10,000</td> <td> </td> <td> </td> <td> </td> <td align="right">2,150</td> <td> </td> <td> </td> <td colspan="3" align="center">Jun-10</td> </tr> <tr valign="bottom"> <td> <div style="margin-left:15px; text-indent:-15px"><i>Sea Victor</i> </div></td> <td> </td> <td colspan="3" align="center">SEA</td> <td> </td> <td colspan="3" align="center">AHTS</td> <td> </td> <td> </td> <td align="right">2010</td> <td> </td> <td> </td> <td> </td> <td align="right">230</td> <td> </td> <td> </td> <td> </td> <td align="right">10,000</td> <td> </td> <td> </td> <td> </td> <td align="right">2,150</td> <td> </td> <td> </td> <td colspan="3" align="center">Jul-10</td> </tr> <tr valign="bottom"> <td> <div style="margin-left:15px; text-indent:-15px">  </div></td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> </tr> <tr valign="bottom" style="background: #cceeff"> <td colspan="29" align="center"><b>Vessel Disposals Since December 31, 2009</b><br /></td> </tr> <tr style="font-size: 1px"> <td colspan="29" align="left" style="border-top: 0px solid #000000"> </td> </tr> <tr style="font-size: 10pt"> <td> </td> </tr> <tr valign="bottom"> <td> <div style="margin-left:15px; text-indent:-15px"><i>Seapower</i> </div></td> <td> </td> <td colspan="3" align="center">Americas</td> <td> </td> <td colspan="3" align="center">SpV</td> <td> </td> <td> </td> <td align="right">1974</td> <td> </td> <td> </td> <td> </td> <td align="right">222</td> <td> </td> <td> </td> <td> </td> <td align="right">7,040</td> <td> </td> <td> </td> <td> </td> <td align="right">1,205</td> <td> </td> <td> </td> <td colspan="3" align="center">May-10</td> </tr> <tr valign="bottom" style="background: #cceeff"> <td> <div style="margin-left:15px; text-indent:-15px"><i>North Traveller</i> </div></td> <td> </td> <td colspan="3" align="center">N. Sea</td> <td> </td> <td colspan="3" align="center">LgPSV</td> <td> </td> <td> </td> <td align="right">1998</td> <td> </td> <td> </td> <td> </td> <td align="right">221</td> <td> </td> <td> </td> <td> </td> <td align="right">5,450</td> <td> </td> <td> </td> <td> </td> <td align="right">3,115</td> <td> </td> <td> </td> <td colspan="3" align="center">Sep-10</td> </tr>  </table> </div> <div align="left"> <div style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000">  </div> </div> <table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8pt; text-align: left"> <tr> <td width="1%"></td> <td width="1%"></td> <td width="98%"></td> </tr> <tr valign="top"> <td nowrap="nowrap" align="left"><sup style="font-size: 85%; vertical-align: text-top">1)</sup></td> <td> </td> <td> <div style="text-align: justify">AHTS - Anchor handling, towing and supply vessel </div></td> </tr> <tr style="font-size: 0pt"> <td> </td> </tr> <tr valign="top"> <td nowrap="nowrap" align="left"> </td> <td> </td> <td> <div style="text-align: justify">FSV - Fast supply vessel </div></td> </tr> <tr style="font-size: 0pt"> <td> </td> </tr> <tr valign="top"> <td nowrap="nowrap" align="left"> </td> <td> </td> <td> <div style="text-align: justify">PSV - Platform supply vessel </div></td> </tr> <tr style="font-size: 0pt"> <td> </td> </tr> <tr valign="top"> <td nowrap="nowrap" align="left"> </td> <td> </td> <td> <div style="text-align: justify">Lg PSV - Large platform supply vessel </div></td> </tr> <tr style="font-size: 0pt"> <td> </td> </tr> <tr valign="top"> <td nowrap="nowrap" align="left"> </td> <td> </td> <td> <div style="text-align: justify">SpV - Specialty vessel, including towing and oil response </div></td> </tr> <tr style="font-size: 0pt"> <td> </td> </tr> <tr valign="top"> <td nowrap="nowrap" align="left"> </td> <td> </td> <td> <div style="text-align: justify">SmAHTS - Small anchor handling, towing and supply vessel </div></td> </tr> <tr style="font-size: 3pt"> <td> </td> </tr> <tr valign="top"> <td nowrap="nowrap" align="left"><sup style="font-size: 85%; vertical-align: text-top">2)</sup></td> <td> </td> <td> <div style="text-align: justify">BHP - Breakhorse power </div></td> </tr> <tr style="font-size: 3pt"> <td> </td> </tr> <tr valign="top"> <td nowrap="nowrap" align="left"><sup style="font-size: 85%; vertical-align: text-top">3)</sup></td> <td> </td> <td> <div style="text-align: justify">DWT - Deadweight tons </div></td> </tr> </table> <div align="justify" style="font-size: 12pt; margin-top: 10pt">     Interest is capitalized in connection with the construction of vessels. During the three-month periods ended September 30, 2010 and 2009, $0.1 million and $0.7 million of interest, respectively, was capitalized. During the nine month periods ended September 30, 2010 and 2009, $1.4 million and $3.1 million, respectively, was capitalized. </div> </div>  <!-- Begin Block Tagged Note false false false us-types:textBlockItemType textblock Fleet Expansion And Renewal Program. No authoritative reference available. false 1 2 false UnKnown UnKnown UnKnown false true