Contracts News


Gulf Navigation, Mena Energy Sign Strategic Deal

Dec 18, 2016

GulfNav has marked another milestone by entering into strategic alliances with MENA ENERGY. The strategic alliances  for mutual co-operation in ship acquisition, chartering and commercial management aims to set out a platform for the parties…

Samudera Indonesia Appoints Rickmers for Bulk Carrier Management

Dec 14, 2016

Samudera Indonesia has appointed Rickmers Shipmanagement, which belongs to the Rickmers Group, as the new Technical Manager of two supramax bulk carriers including their crewing. Samudera Indonesia is one of Indonesia’s largest liner companies…

Stena Line Extends Ferries Maintenance Contract

Dec 14, 2016

Swedish ferry operator Stena Line has renewed its planned maintenance agreement with MacGregor, part of Cargotec. Stena Line has held MacGregor Onboard Care (MOC) agreements since 2008 and its latest contract takes the number of RoRo vessels covered to 39…

Panama Canal, IRPT Sign MoU

Dec 14, 2016

Inland Rivers, Ports & Terminals (IRPT) has signed a Memorandum of Understanding with the Panama Canal Authority (ACP). This historic event marks the first ever global connection for IRPT. This Memorandum of Understanding is important to all of our inland river ports…

NORDEN, Pinnacle Ink Wood Pellets Transport Deal

Dec 10, 2016

Dampskibsselskabet NORDEN A/S has entered into a 9-year contract for the transportation of wood pellets with Canada’s largest manufacturer of wood pellets, Pinnacle Renewable Energy Inc. According to the contract, NORDEN will transport a total of 3…

Sea IT Wins Contract with Alba Tankers

Dec 09, 2016

Sea IT said it has won a new contract with Alba Tankers, who continues installations of Sea IT’s BlueCLOUD in two additional office locations in Poland and Sweden. The contract also includes installations of multiple products on board the vessels…

Port Taranaki Orders New Tug from Sanmar

Dec 09, 2016

Within a few weeks of unveiling a new compact tractor tug jointly designed with Robert Allan Limited, Turkish shipbuilder Sanmar has secured an order from a port on the west coast of New Zealand. Port Taranaki has awarded the Sanmar a contract…

Gulfstream Wins DHS Ferry Contract

Dec 08, 2016

Custom Aluminum Ferry Designed and Built for Long Island Coast Waters Gulfstream Shipbuilding won a contract through the United States Department of Homeland Security for a passenger/vehicle ferry to service the New York and Connecticut waters…

Liverpool Port Eyes Transatlantic Expansion

Dec 06, 2016

Liverpool's new container terminal expects to ramp up transatlantic shipping as British companies look to deepen business ties despite concerns that the U.S. election of Donald Trump could hinder free trade, the port operator's chief said.Private…

ICC, DRD Team Up to Shed Light on Arbitration

Dec 03, 2016

The International Chamber of Commerce (ICC) has announced it has entered into a cooperation agreement with Dispute Resolution Data (DRD) – a research service for international commercial arbitration and mediation.Under the terms of the agreement…

Crowley Awarded US Defense Freight Contract

Nov 28, 2016

Crowley Logistics Inc., a division of Crowley Maritime Corp., has secured a multi-year contract from the U.S. Transportation Command (TRANSCOM), an agency of the Department of Defense (DOD), to provide transportation and related services supporting Department of Defense activities in the U…

BIMCO Adopts Ship Financing Term Sheet

Nov 23, 2016

In a landmark decision, BIMCO cemented its move into the domain of ship financing with the Documentary Committee’s approval of a standard term sheet for use in ship financing transactions on 17 November 2016.BIMCO President Philippe Louis-Dreyfus said…

Pasha Hawaii Set to Order Containerships

Nov 16, 2016

Honolulu-based Pasha Hawaii said the company narrowed its selection to two U.S. shipyards for the construction of two new Liquefied Natural Gas (LNG) fueled containerships, with the option to order two additional vessels. Contract specifications are expected to be finalized by the end of the month…

Radio Holland, Thome Ship Management Ink SRA Deal for 200 vessels

Nov 09, 2016

Thome Ship Management Pte Ltd and Radio Holland Singapore have concluded a Service Rate Agreement (SRA) covering the NavCom service and maintenance needs of its entire fleet of more than 200 vessels.Headquartered in Singapore, Thome Ship…

Carisbrooke Joins Forces with Nova Marine

Nov 07, 2016

The commercial short sea bulk activities of traditionally shortsea ship owners Carisbrooke Shipping Ltd and Nova Marine Carriers SA will be expanded and consolidated effective January 1, 2017. Notwithstanding both groups’ commercial networking offices…

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