Contracts News


US Contract for Next Generation Nuclear Sub Planning Program

Feb 10, 2016

The US Navy has awarded General Dynamics Electric Boat a $23.6 million contract to continue development work on the Ohio-class replacement nuclear submarine, General Dynamics said in a press release. 'Under the terms of the modification…

Bangladesh, Thailand Plans Direct Coastal Shipping

Feb 10, 2016

Bangladesh and Thailand are planning to launch direct coastal shipping, connecting the Chittagong Port in the Bay of Bengal with the Ranong Port in the East of the Andaman coast in south-western Thailand. Bangladesh Ambassador to Thailand…

Cruise Repair to Keep GBSL Busy in 2016

Feb 09, 2016

Repair yard Grand Bahama Shipyard Limited (GBSL) is in store for a busy year, with 20 cruise vessels booked for repair, maintenance and overhaul work in 2016. The scope of projects includes propulsion and technical systems overhaul, accommodations…

Frontica Inks 5-year Deal with Aker Solutions

Feb 08, 2016

Frontica has signed a five year contract with Aker Solutions to deliver staffing services, IT services and consultancy projects as well as business support services within HR, finance and procurement. Under the terms of the contract, Frontica…

Top Deck Rejig at Yara

Feb 08, 2016

Yara International ASA announces organizational and management changes, to improve strategic focus and execution.'After spending recent months visiting numerous Yara sites, meeting employees and conducting business and organizational reviews…

Total Signs Deal to Supply LNG to China's ENN

Feb 08, 2016

Total SA has signed an agreement to supply liquefied natural gas to ENN Energy in China, according to a news release on the French energy company's website. The deal is for 0.5 million metric tons of LNG per year for a period of 10 years and will be delivered from the company's facilities…

Globus Maritime Reclassifies Board Member

Feb 06, 2016

Globus Maritime Limited, a dry bulk shipping company, announced today that when Georgios Karageorgiou, a Class I director of Globus Maritime Limited  resigned on December 28, 2015, the Company’s Board of Directors  was comprised of two Class II directors…

DNV GL, RS Ink Cooperation Deal

Feb 04, 2016

DNV GL’s Maritime CEO Knut Ørbeck-Nilssen recently met with Konstantin Palnikov, Director General of the Russian Maritime Register of Shipping (RS), at the RS head office in St. Petersburg to sign a bilateral framework agreement for cooperation between both class societies During the talks…

Balasus-Lange to Head DEA Deutsche Erdoel Division

Feb 04, 2016

Effective as of 1 February, Uwe Balasus-Lange (49) took over the function as Head of the newly created division Germany/Denmark of DEA Deutsche Erdoel AG. He was previously engaged as Head of Field Development at the Hamburg-based company.In…

June Deadline for Panama Canal Expansion

Feb 04, 2016

The Panama Canal expansion project is now expected to be finished “mid of 2016” says a report in Reuters quoting the waterway's administrator.  'The new set of larger locks for the Panama Canal will be complete by the end of June, after…

BP Pulls Plug on Oceaneering Vessel Contract

Feb 03, 2016

UK giant BP will end a contract off Angola with Oceaneering International about eight months early. Oceaneering International has announced that BP has exercised its right to terminate its use of the chartered vessel Bourbon Oceanteam 101 at the end of May 2016…

Cosco Bags Contract for Trailing Suction Hopper Dredger

Feb 03, 2016

COSCO (Guangdong) Shipyard Co., Ltd, has secured a  contract from a European buyer to build one 15, 000m 3 Trailing Suction Hopper Dredger.  The Singapore-listed shipbuilder COSCO Guangdong and the buyer have agreed  to keep the contract price  confidential…

New Passenger Boarding Bridges for Port Canaveral

Feb 02, 2016

ADELTE, a provider of Seaport Passenger Boarding Bridges (SPBBs) and Global Services to cruise and ferry terminals, has been awarded two contracts by the Canaveral Port Authority to design, manufacture and install four custom-made HYDRA models SPBBs at Cruise Terminals 5 and 10…

LR Bags LAUGFS' Contract in Sri Lanka

Feb 02, 2016

Lloyd’s Register (LR), world’s leading engineering, technical and business services organization announced today that it has been appointed by LAUGFS Gas PLC (LAUGFS) to handle key safety and quality checks of the LPG terminal at Hambantota Port…

ABS, COSCO Partner on Arctic Shipping Development

Feb 02, 2016

Parties bring together technical capabilities on trans-Arctic shippingFacing changing climate conditions in the Arctic which have effectively generated new opportunities shipping in the region, classification society ABS and commercial shipper…

Current News

Russian Oil Producers Threaten Force Majeure Over Baltic Port Attacks

BIMCO: 130 Container Ships Stranded in Persian Gulf

Hapag-Lloyd Earnings Down from Last Year

Transneft Looks to Redirect Oil From Attacked Baltic Ports

Subscribe for Maritime Logistics Professional E‑News