Following a three-vessel pilot project initiated in 2019, Klaveness Ship Management has opted to expand its contract with DNV GL's Veracity to sign up another eight vessels for the data platform service.The pilot saw Veracity partner with Arundo…
The container shipping segment appears to have caught coronavirus, with the industry suffering its first monthly fall in long-term contracted ocean freight rates since October 2019. According to the latest XSI Public Indices report from Xeneta…
Svitzer has announced a five-year extension of their marine service contract with NuStar.Svitzer has been delivering towage services to NuStar in Point Tupper since 2010. The extension that comes into effect on August 1, 2020 supports NuStar’s…
Liebherr Container Cranes and DP World Berbera have signed a contract for the supply of eight RTGs for DP World’s terminal in Berbera, Somaliland. The cranes are due to be ready for operation before the end of 2020.The high performance, variable…
Svitzer, the towage operator that is part of Maersk, announced a 10-year extension of its marine service contract with Sakhalin Energy Investment Company Ltd., a consortium set up to develop and manage the Sakhalin-II project, aimed at producing and exporting oil and liquefied gas…
Damen Shipyards Group has signed a contract with Forth Ports Limited for an ASD Tug 2312. The new vessel will operate as part of the Forth Estuary Towage operation, conducting towage work at various Forth Ports locations as well as providing towage services to other external customers in Scotland…
Ribcraft announced that the United States Navy (USN) has awarded a five-year indefinite quantity contract worth up to $43 million to build and deliver an estimated 48 of the 11-Meter Expeditionary Mine Counter Measure Boat. Ribcraft has also been providing the U…
DESS Aquaculture Shipping AS signs contract with Logimatic for SERTICA Fleet Management. With DESS Aquaculture Shipping AS joining the family, Logimatic adds another Norwegian company to their customer database. SERTICA is a technical Fleet…
OSM Maritime Group extended its partnership with Tero Marine, as the Norwegian tech company now prepares to install its TM Master suite on the remaining OSM fleet globally.The frame agreement with Tero Marine means that all vessels with various…
The ports of Los Angeles and Long Beach Sign MOU to enhance competitveness. The newly approved memorandum of understanding (MOU) is an opportunity to explore five areas of additional cooperation that will enhance competitiveness: cargo transfer predictability…
Inmarsat has announced that it will bring its maritime, aviation and enterprise connectivity solutions to customers based in Saudi Arabia through new partner agreements.The company additionally announced that it has secured new spectrum licences…
Damen Shipyards signed a contract with the Ministry of Infrastructure, Communications & Transport of the Revolutionary Government of Zanzibar for the supply of five inshore ferries to carry tourists visiting Pemba Island and others nearby in the Zanzibar Archipelago…
The provider of marine transportation of dry bulk commodities Scorpio Bulkers has agreed to sell and leaseback two Ultramax vessels (SBI Cronos and SBI Achilles) and one Kamsarmax vessel (SBI Lynx) to Ocean Yield ASA for a total financing consideration of $62…
The world’s largest liquefied natural gas (LNG) producer Qatargas has signed a new, long-term LNG sale and purchase agreement (SPA) with Shell to deliver 1 million tons per annum of LNG to Kuwait, commencing this year.Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs said…
New Orleans based offshore vessels company Harvey Gulf International Marine said it has signed an agreement with its CEO, Shane Guidry, to remain at Harvey until January 1, 2027.Guidry commented, “Over the past several years, Harvey Gulf has…