Contracts News


SwissMarine Hires Diana's Capesize Bulker

Jan 30, 2016

Greek dry bulk shipping company Diana Shipping has entered into a time charter agreement with Geneva-based SwissMarine Services S.A. for its Capesize dry bulker the m/v Houston. The gross charter rate is US$5,150 per day, minus a 5% commission paid to third parties…

Slashed Charter Rate for Diana's m/v Houston

Jan 29, 2016

Diana Shipping Inc. a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with SwissMarine Services S.A., Geneva…

ATPI, Teekay Offshore Ink Travel Management Deal

Jan 29, 2016

ATPI Griffinstone, part of the ATPI Group, has secured a travel management agreement with Teekay Offshore. Teekay Offshore has decided to consolidate all of its travel management through ATPI Griffinstone a global travel management company with specialist dedicated services for energy…

IMTRA Acquires Custom Product Sales Talent

Jan 29, 2016

Marine Manufacturer Adds Talented Technical Sales Professional To Expand Key Big Boat Market Segment PresenceIMTRA, the leading manufacturer and importer of quality marine products, announced today the addition of Prentice Weathers to its sales team…

DP World CEO Sharaf Retires

Jan 29, 2016

DP World today announces that, after 23 years with the Group and 11 successful years as Group CEO, Mohammed Sharaf has retired from DP World Group, effective today, to pursue other opportunities.The Board has commenced a process to identify a permanent successor…

Dragflow Remote Controlled Dredge for Marina Sveva

Jan 28, 2016

Dragflow has recently delivered a remote controlled dredge for the Marina Sveva harbor dredging project in Italy. Due to the sea currents caused by a dam, too much sedimentation occurred inside the harbor. Also, the seabed was frequently raised…

India Fosters Growth in its Maritime Sector

Jan 27, 2016

The Indian government’s has been going all out to put the growth of the Indian maritime Industry on a fast track by opening up a host of opportunities, offering goodies and putting in place new facilities. Setting the tone for his keynote address…

Farstad Bags Petrobras Contract

Jan 27, 2016

Norwegian provider of offshore service vessels for the oil and gas industry Farstad Shipping ASA has entered into two charter contracts in Brazil. Both vessels were hired by the Brazilian state-owned oil and gas company Petróleo Brasileiro…

Air Energi, Swift Worldwide Resources Complete Strategic Merger

Jan 26, 2016

Merger creates significant opportunities for candidates, clients and contractors. Air Energi Group Limited and Swift Worldwide Resources Limited have merged to form Airswift Holdings Limited, a $1.2bn turnover company specialising in global workforce solutions for the energy…

Statoil COO: About 21,000 Staff by end-2016

Jan 26, 2016

Norwegian oil major Statoil expects to have between 20,700 and 21,000 employees and consultants working for it by the end of 2016, down from 25,500 at the height of the crude price boom, the company said on Tuesday.'This corresponds to a…

ICTSI Wins “Best Corporate Bond” Award

Jan 26, 2016

International Container Terminal Services, Inc.’s (ICTSI) US$450 million perpetual capital securities issue was recently recognized as the Philippines’ best corporate bond at the The Asset Triple A Country Awards 2015.  ICTSI issued last…

Consistent Growth from Contship Italia Group

Jan 26, 2016

Continuing support from key markets across Asia helped Contship Italia Group, the leading container terminal and intermodal transport operator in Italy, to report a steady set of results for 2015.Contship Italia Group terminals handled a total of 6…

Statoil's LNG Price for Lithuania to Fall by a Third

Jan 26, 2016

Liquefied natural gas (LNG) price from Norwegian company Statoil ASA for Lithuania is set to fall by more than one-third and the Klaipeda LNG terminal's maintenance costs are to decline by around 23% after Lithuania's gas trade company Litgas…

Schlumberger to Buy Stake in Fortuna LNG

Jan 26, 2016

Oilfield services giant Schlumberger is entering Ophir Energy’s Fortune floating liquefied natural gas (LNG) project off Equatorial Guinea after agreeing a preliminary deal with the UK player for a stake in the development. The non-binding…

UK P&I Club Appoints Singapore Regional Advisor

Jan 25, 2016

The UK P&I Club announced the appointment of Mr Lee Wai Pong, who is joining the UK P&I Club in Singapore as a Regional Advisor.  Wai Pong is a qualified Master Mariner, a retired Commanding Officer (Reservist) from the Republic of Singapore Navy…

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