Contracts News


Danos Appoints 3 to Sr. Positions

Dec 15, 2015

Danos announces the hiring of Marc Distefano, John Danos and Jack Roszelle to leadership positions with the company. “We welcome Marc, John and Jack to the Danos team,” said CEO and President Hank Danos. “Their expertise and experience…

Kristensen to Head Ulstein Design and Solutions

Dec 14, 2015

Eva Kristensen will take the helm as the new managing director at Ulstein Design and Solutions AS starting in January 2016. Kristensen will also enter into the role as COO for the Design & Solutions business area, and be one of the executives in the group management of Ulstein Group ASA…

Renewal of Bunker, CLC, Athens and WRC Certificates

Dec 13, 2015

Time has come for most shipowners to apply for renewal of Bunker, CLC, Athens and Wreck Removal Certificates from the Danish Maritime Authority (DMA). Certificates must be renewed when the underlying insurance expires. Ships subject to…

Gonzalez Passing Exercise with Turkish Navy

Dec 13, 2015

The Arleigh Burke-class guided-missile destroyer USS Gonzalez (DDG 66) participated in a bilateral passing exercise (PASSEX), Dec. 11, with the Turkish Navy.PASSEXs are conducted to improve maritime capabilities between the U.S. Navy and other naval forces…

Global Ship Lease Announces Sale of Remaining 4,113 TEU Vessel

Dec 11, 2015

Global Ship Lease, Inc has  completed the sale of its 1997-built, 4,113 TEU containership, Ville d'Orion, following redelivery from its previous charter.  The vessel was sold for $328.25 per ldt, for estimated net proceeds of $4.5 million…

Ophir Energy signs up LNG buyers for Fortuna

Dec 10, 2015

Ophir Energy has signed a preliminary agreement to sell gas from its Fortuna floating liquefied natural gas (FLNG ) project in west Africa. All the six counterparties are established LNG buyers in European and Asian markets. The oil and…

BAE's GBP90mln Contract for Barrow Central Yard Complex

Dec 10, 2015

BAE Systems has awarded a £90m contract to Morgan Sindall plc for the development of one of the UK’s largest industrial facilities at the Company’s submarine building site in Barrow-in-Furness, Cumbria, reports North West Evening Mail. The…

GIA Wins in Admiralty Proceedings

Dec 09, 2015

Clasis LLC has successfully gained costs for the arrest, appraisement and sale of a vessel for client GOH IGS Automation Pte Ltd (GIA).GIA was being represented by Clasis LLC in relation to monies due and owing to them in the High Court of Singapore…

Diana Shipping Time Charter Contract for Seattle with SwissMarine

Dec 09, 2015

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

Evergas Orders Four Ethylene Vessels

Dec 09, 2015

Copenhagen-headquartered gas tanker carrier Evergas has just ordered four ethylene/ethane newbuildings, with an option for two more.  The contract for the four newbuildings, each sized 32,000 cu m, has also been signed by Hong Kong engineering company JHW Engineering & Contracting…

CCCC May Build Terminal in Sydney Harbour

Dec 09, 2015

China Communications Construction Co. Ltd (CCCC). has agreed to build a highly automated container terminal in Sydney Harbour, depending on the results of a feasibility study to be conducted next year. Albert Barbusci, CEO of Harbor Port Development Partners (HDP)…

Bright future for Bunkering at Indian Ports

Dec 08, 2015

Hinode’s 5th Annual conference on the Outlook for bunkering and Marine Lubricants in India clearly acknowledged the fact that India was well on its way to becoming a Bunkering destination. Lack of infrastructure, duties, quality of bunkers…

CMES Confirms Order for 10 VLCCs

Dec 08, 2015

The board members of China Merchants Energy Shipping (CMES) has approved of a plan to order an additional 10 eco-friendly VLCCs. These vessels will be operated by CMES’ Hong Kong-based subsidiary, China VLCC Company Limited,  a tanker JV between CMES and Sinotrans & CSC Group…

Chinese Shipyard New Orders Slump

Dec 08, 2015

Drop in commodity prices has slashed global demand for bulk carriers, pushing shipyards out of business, says Chinese news agency Caixin. Huai Jinpeng, a vice minister from the Ministry of Industry and Information Technology, which oversees…

IMO Urges Fishing Vessel Treaty Acceptance

Dec 07, 2015

The Assembly of the International Maritime Organization (IMO) has called on its Member States to accept a 2012 international fishing vessel safety agreement, in order to bring it into force and address the heavy casualty rate in the sector…

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