Contracts News


Alaska Oil Spill Protection: Crowley Bid for Alyeska Deal Unsuccessful

Mar 17, 2016

Press Release: Crowley Marine Services will not be providing oil spill prevention and response services in Valdez and Prince William Sound when its contract expires June 30, 2018.  Crowley has provided marine services in Prince William Sound since 1990…

Finland Sells Stake in Patria to Kongsberg

Mar 17, 2016

The Finnish government said on Thursday it would sell 49.9 percent of the shares in defence group Patria to Norway's state-controlled Kongsberg Gruppen for 272 million euros ($308 million). Finland, which will retain the remaining stake…

Cosco Bags Self-Elevating Workover Unit Contract

Mar 17, 2016

Cosco (Nantong) Shipyard, a subsidiary Cosco Shipyard Group Co, has won an order to build one self-elevating workover unit for an Asian shipowner, with an option for one more similar unit. Cosco Nantong and the ship owner have agreed to keep the contract price confidential…

Statoil Exercises Ocean Installer Option at Vigdis

Mar 17, 2016

Ocean Installer will undertake flexible jumper replacement operations for Norwegian operator Statoil at the Vigdis field, says a statement from the company. Ocean Installer  will see it perform subsea work. The company said the option falls…

Thailand: Yang Ming, Regional Container Lines Pact On

Mar 15, 2016

Yang Ming Marine Transport Corp. (YM) inked a partnership agreement with Thailand’s Regional Container Lines (RCL) Group aimed at pooling the companies’ resources to weather a persisting downturn in the sector, according to a report in Taipei Times…

GTT Wins LNG Simulator Order

Mar 15, 2016

GTT Training, subsidiary of Gaztransport and Technigaz (GTT), has announced that it has received a contract to supply its G-Sim LNG simulator software to L-3 DPA Inc. and Chevron. The contract involves the development of a new LNG Carrier…

Dantin to Lead Baker Lyman's TSMS Program

Mar 14, 2016

Thomas Dantin Joins Baker Lyman as Chief Consultant for Towing Safety Management Systems.Baker Lyman has announced the association of chief consultant Thomas Dantin, well-versed in the towing and maritime industry. “Thomas has spent 40 years…

GTT Training Bags G-Sim Order from L-3 DPA, Chevron

Mar 14, 2016

GTT Training, a specialist LNG training and simulation provider, announces the award of a first contract to supply its G-Sim LNG simulator software to L-3 DPA and Chevron. The contract involves the development of a new LNG Carrier model…

Chinese Shippers Order for 30 Valemax Vessels

Mar 11, 2016

The Chinese shipping companies - Chinese shipping majors Cosco Group, China Merchants Group and ICBC Financial Leasing Co- ordered 30 Valemaxes worth a combined $2.5 billion for delivery starting from 2018, deployed on Brazil-China trade routes…

Unsolicited Bid by Davie Shipyard

Mar 11, 2016

Quebec-based Chantier Davie Canada Inc. presented a bid, potentially worth up to a billion dollars, to the federal government last month offering a Polar Class 3 icebreaker, three smaller River-class icebreakers and two multi-purpose research…

$ 17.5 Bln Projects to be showcased at Maritime India Summit

Mar 10, 2016

Projects worth Rs. 1,20,000 Crore ($ 17.5 billion) to be showcased before potential investors at Maritime India Summit 2016, says Shri Nitin Gadkari Indian Government's Minister for Shipping, Road Transport & Highways, Nitin Gadkari said that projects in the ports and shipping sector…

Boskalis Wins Abu Dhabi Dredging Contract

Mar 09, 2016

Royal Boskalis Westminster N.V. has won a contract from the National Petroleum Construction Company of Abu Dhabi, UAE for dredging work related to the installation of an offshore gas pipeline of the Abu Dhabi National Oil Company as well as to an existing offshore gas pipeline…

BSM Partners with University of Nicosia

Mar 07, 2016

Bernhard Schulte Shipmanagement (BSM) and the University of Nicosia have signed a cooperation agreement granting the University’s Maritime Academy full access to BSM’s state-of-the-art Maritime Training Center, located at the Limassol Marina…

Fincantieri Inks Training Deal with URI

Mar 07, 2016

Italian shipbuilder signs deal with an American university for the start-up of an advanced training course Shipbuilder Fincantieri and the University of Rhode Island (URI), on behalf of its International Engineering Program (IEP), has signed…

Bumi Armada Seeks Compensation for FPSO Termination

Mar 05, 2016

Malaysia’s Bumi Armada Bhd intends to fully enforce its rights, including initiating legal proceedings against Woodside Energy Julimar Pty Ltd for purportedly terminating its charter contract of the Armada Claire Floating Production Storage and Offloading (FPSO) unit…

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