Contracts News


BW Fleet Management Selects MarineLink

Oct 23, 2015

Oslo based BW Fleet Management have chosen to sign a 3 year “BuyerLink” Service contract with EVRY, to use the MarineLink Service and run in parallel with their other eCommence providers who integrates directly with their Oracle EBS Purchasing application…

Cosco Singapore Under Pressure

Oct 23, 2015

Shipbuilding and dry bulk shipping company  Cosco Corp (Singapore) expects to post a loss in the third quarter ended September 30, 2015 compared to a profit recorded in the same period a year earlier.  The  financial pain comes on the back of the offshore slump…

Oil, Wind Join Forces in DNV GL-led WIN WIN JIP

Oct 22, 2015

The concept of using wind power for offshore oil and gas applications is one step closer to realisation. WIN WIN, a DNV GL-led joint industry project (JIP), is running with the following seven participants: ExxonMobil, ENI Norge, Nexen Petroleum UK Ltd…

Ferguson Signs $150mln LNG Ferries for CMAL

Oct 22, 2015

Scotland-based Ferguson Marine Engineering (FMEL) has signed a deal to build two 100-meter, dual-fuel ferries for Caledonian Maritime Assets Ltd (CMAL) in a contract worth £97 million (USD 150 million) that will boost shipbuilding on the River Clyde and secure 150 shipyard jobs…

Bahrain Set to Award $400mln Floating LNG Contract

Oct 22, 2015

The Bahrain National Oil and Gas Authority (NOGA) will award a $400 million Liquefied Natural Gas (LNG) terminal contract next month, Energy Minister Abdulhussain Mirza told local media this week. The LNG terminal will be constructed near Khalifa Bin Salman Port…

Brian Armour Joins Braemar

Oct 21, 2015

Braemar (incorporating The Salvage Association) has appointed Brian Armour as Senior Maritime Civil Engineer within its Ports & Harbours division.Brian will be based in the Singapore office and has many years’ experience in the design, analysis…

China Gets Port of Darwin

Oct 21, 2015

The Northern Territory (NT) Government in Australia announced the successful bidder for the Port of Darwin – Landbridge Group, based in the People’s Republic of China.  Chinese privately owned energy and infrastructure conglomerate Landbridge…

DNV GL Wins Ichthys LNG Mega Project Contract

Oct 21, 2015

DNV GL has secured a contract to provide in-service verification and classification services to a range of facilities at the Ichthys LNG project in Australia. The contract marks INPEX’s commitment to continue working with DNV GL as it prepares…

Italy's LSCT Executives Tour Asian Logistics Hubs

Oct 20, 2015

In Singapore, senior executives from Italy's La Spezia Container Terminal - Contship Italia Group will kick off a tour of key cargo hubs across south east and east Asia today to raise awareness and promote the benefits of La Spezia Homeport…

WTO Receives 50th Ratification of TFA

Oct 20, 2015

The WTO received the 50th ratification of the Trade Facilitation Agreement (TFA) after the former Yugoslav Republic of Macedonia deposited its instrument of acceptance on 19 October.Concluded at the WTO’s 2013 Bali Ministerial Conference…

Meiji Shipping Expands with Four New Tankers

Oct 19, 2015

Mumbai-based ship management company MMS Maritime India has announced  it is to begin a major recruitment drive for Indian seafarers, after its parent company, the Japanese ship owner Meiji Shipping Group unveiled an expansion of its tanker fleet…

ASRY Active in Bahrain Coast Guard Newbuilds

Oct 19, 2015

ASRY holds keel-laying ceremony as it starts landing craft construction. ASRY marked the commencement of erection of a new Landing Craft being constructed for the Bahrain Coast Guard (BCG) with a keel-laying ceremony. The event was attended…

Obama, Park say North Korea must show it is serious

Oct 17, 2015

U.S. President Barack Obama and South Korean President Park Geun-hye said on Friday the door remained open to negotiations with North Korea that could bring relief from sanctions, but Pyongyang needed to show it was serious about abandoning its nuclear weapons program…

Maritime Labor Alliance Holds Leadership Summit

Oct 16, 2015

The presidents and other elected officials of the constituent unions comprising the Maritime Labor Alliance (MLA) met Wednesday for their semiannual meeting in Washington D.C. to review the state of maritime labor in the U.S. and to establish priorities for the upcoming year…

Ruscon is Russia's Top MTO

Oct 16, 2015

Despite a significant general decline in the number of containers handled in Russian ports, multimodal operator Ruscon has seen its own numbers rise. Ruscon, a subsidiary of leading Russian container transport company GCS, handled 65…

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