Contract News


OSM Inks Deal for VLCC Fleet

Jun 13, 2019

OSM Maritime has secured a contract for the full technical management of Hunter Group’s fleet of ECO design SMART VLCCs, currently under construction at DSME in Korea. Hunter Group has eight identical 336m vessels, set to be delivered towards the end of 2019 and into 2020…

Diana Shipping Fixes P. S. Palios with SwissMarine

Jun 05, 2019

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with SwissMarine Services S.A., Geneva, for one of its Capesize dry bulk vessels, the m/v P. S. Palios.The global shipping…

Canaveral, Disney Ink 20-Year Deal

May 23, 2019

The Canaveral Port Authority and Disney Cruise Line have reached a new 20-year agreement to expand operations and make Port Canaveral home for two of Disney Cruise Line’s three new ships.  The new operating agreement will begin June 1, 2019…

$160m Deal for NW Alliance Terminal Project

May 22, 2019

Orion Group Holdings, Inc. (NYSE: ORN) a leading specialty construction company, has announced a contract award of approximately $160 million.The company’s marine segment has been awarded a contract from the Port of Seattle, Washington, for…

Maersk in Sale, Leaseback Pact with ICBC

May 17, 2019

Danish tanker shipping company Maersk Product Tankers has just entered a sale-and-leaseback agreement for four medium range (MR) vessels with the Chinese bank, Industrial and Commercial Bank of China (ICBC).The four ships were built in 2015…

GSL Signs Charter Deal with Zim

Apr 30, 2019

The containership charter owner Global Ship Lease (GSL) has agreed minimum 21-month / maximum 24-month charters with ZIM Integrated Shipping Services for the 2000-built, 5,936 TEU containerships Dimitris Y and Ian H.The new charters are expected to commence in June and July 2019…

Moose Boats for Rochester FD

Apr 18, 2019

Moose Boats won a contract from the City of Rochester, NY, Fire Department for the construction of the first M2-38 Fire Rescue Catamaran to be delivered to the Great Lakes.Twin Cummins 425hp turbo diesel propulsion engines, Twin Disc transmissions…

DEME Wins Elbe Deepening Contract

Apr 12, 2019

DEME, an international group of specialized companies involved in complex marine engineering works, has won a major contract to carry out the deepening of the Elbe fairway in Germany.The Belgian dredging, environmental and marine engineering…

Kalmar Strengthens Cooperation with VidaXL

Mar 24, 2019

The provider cargo-handling solutions and services to ports and terminals Kalmar has concluded an agreement to supply a further three Kalmar T2 terminal tractors, including preventive and on-call maintenance service, to leading Dutch online retailer VidaXL…

CPA Selects GZA GeoEnvironmental for Work

Mar 21, 2019

Connecticut Port Authority announced  that GZA GeoEnvironmental will provide design and engineering solutions for repairs and modifications of Pier 7 located at Fort Trumbull.Working closely with the Connecticut Department of Energy and Environmental…

Navig8 in Sale, Leaseback Pact with China Bank

Mar 18, 2019

Navig8 Chemical Tankers  entered into sale and leaseback agreements with ICBC Financial Leasing for four ships.The tanker company focuses on the maritime transportation of Chemicals worldwide said in a press release that the net proceeds from the transaction of four of the Company’s IMO2 37…

Castor Maritime Fixes Magic P with Oldendorff

Mar 17, 2019

The international shipping company specializing in the ownership of dry-bulk vessels Castor Maritime announced that, through a wholly-owned subsidiary, it has entered into a time charter contract with Oldendorff Carriers GMBH & Co KG Luebeck for its Panamax vessel Magic P…

Diana Shipping Fixes 'Salt Lake City' with Cargill

Mar 08, 2019

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Cargill International S.A., Geneva, for one of its Capesize dry bulk vessels, the m/v Salt Lake City.The global shipping…

Diana Fixes m/v San Francisco with Koch

Mar 05, 2019

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Newcastlemax dry bulk vessels, the m/v San Francisco.The global shipping…

Major Electrification Contract Awarded to NES

Feb 26, 2019

Norwegian Electric Systems will deliver equipment in connection with the electrification of MF Norangsfjord and the charging station at Hollingsholmen ferry quay.Norway’s biggest ferry company Fjord1 has chosen Norwegian Electric Systems (NES)…

Current News

Kruger Named President of Austal USA

Tanker Enroute from Russia to India hit by Missile off of Yemen - Report

'24 Olympic Flame to Ride 3-Masted "Belem" to French port of Marseille

Situational Awareness System Battles Cognitive Fatigue in Watchkeepers

Subscribe for Maritime Logistics Professional E‑News