Contracts News


Dawei LNG Terminal for Shell

Aug 24, 2015

Royal Dutch Shell plc recently entered into an agreement with Thailand-based companies to develop a liquefied natural gas (LNG) terminal at the Dawei special economic zone in the Tanintharyi Region in Myanmar, says local daily Myanmar Times…

Reefer Trade Appears Unstoppable

Aug 24, 2015

Despite a variety of adverse economic and climatic conditions, perishable reefer cargo growth appears unstoppable, according to Drewry’s latest Reefer Shipping Market Annual Review & Forecast. Worldwide perishable reefer trade increased by 1…

New Submarine Named USS Idaho

Aug 23, 2015

Secretary of the Navy Ray Mabus hosted a ship-naming ceremony today to announce that SSN 799, a Virginia-class attack submarine, will bear the name USS Idaho.The submarine will be named to honor the history its namesake state has with the Navy…

Walk-through Lockages at Iroquois Lock - Montreal / Lake Ontario

Aug 23, 2015

Mariners are reminded that during a walk-through lockage at Iroquois Lock:• The vessel must maintain contact with the lock on marine VHF channel 17 during the entire lockage. The vessel may leave channel 17 only after having left the lock…

Diana Shipping Extends Charter for Crystalia With Glencore

Aug 21, 2015

Diana Shipping Inc., has, through a separate wholly-owned subsidiary, agreed to extend the present time charter contract with Glencore Grain B.V., Rotterdam, for one of its Ice Class Panamax dry bulk vessels, the MV Crystalia. The charter…

Greece Crisis Threatens Nigerian Ship Owners

Aug 21, 2015

There are strong indications that the current economic crisis faced by Greece may truncate a vessel acquisition deal worth over $250 million with some Nigerian ship owners, reports BizWatchNigeria. Recently, some ship owners Association…

Boskalis Posts Highest Profit

Aug 20, 2015

Royal Boskalis Westminster N.V. (Boskalis) achieved a very busy first half year with historically high profit and realized a net profit of EUR 306.5 million in the first half of 2015, a rise of 21% (H1 2014: EUR 253.0 million).Revenue in the first half of the year rose 1…

Lowrance, Phoenix Boats Join Forces

Aug 20, 2015

Lowrance, a world-leading brand in fishing electronics since 1957, announced today its renewed OEM partnership with Phoenix Bass Boats. Under the terms of the renewed three-year agreement, Lowrance is the standard electronic equipment on all Phoenix high-performance bass boats…

Quain Joins Hill Dickinson

Aug 20, 2015

Hill Dickinson is pleased to announce that Captain Joe Quain, formerly of Bentley’s Stokes and Lowless, will be joining the firm as a partner in the Singapore office with effect from 1 September 2015 bringing the firm’s strength of Master Mariner lawyers to six in total…

EMGS 2Q Revenue Falls

Aug 20, 2015

Electromagnetic Geoservices ASA (EMGS) recorded revenues of USD 12.1 million in the second quarter 2015, down from 32.3 million in the previous quarter and from USD 42.5 million in the second quarter 2014. Contract sales ended at USD 4.8 million…

Incat Crowther's Vessel for Great Barrier Reef Tour

Aug 20, 2015

Incat Crowther has delivered Wavelength 4, a 19m catamaran tour vessel claimed by its operator to be “the cleanest tour vessel on the Great Barrier Reef”.Built by Aluminium Marine in Queensland, Wavelength 4 features Incat Crowther’s…

UDS Strikes Deal to Build Dive Support Ship in China

Aug 19, 2015

Ultra Deep Group (UDS) signed another contract with China Merchants Heavy Industry to build a Ultra Deep Installer – Multipurpose Diving Support Construction Vessel. Even though the oil market remains in the doldrums, Singapore-based UDS is…

Viking Appoints Hegelund CFO

Aug 19, 2015

Viking Supply Ships AB has today appointed Ulrik Hegelund as Chief Financial Officer (CFO). Mr. Hegelund will also act as CFO in Viking Supply Ships A/S, and will take over the responsibilities as CFO in both companies as of 1st September…

ISS Bags Tanzania's Paragon project

Aug 19, 2015

Inchcape Shipping Services (ISS) has been appointed by Paragon Offshore, Houston, as marine and logistic services provider for a new drilling campaign off the Songo Songo Islands, Tanzania – the first new commercial drilling project in Tanzania in a number of years…

Inmarsat's 3rd GX Satellite Launch Confirmed

Aug 19, 2015

Inmarsat, the leading provider of global mobile satellite communications services, today confirmed that the third satellite in the transformational Global Xpress (GX) programme – Inmarsat-5 F3 (I-5 F3) – has been scheduled for launch at the Baikonur Cosmodrome in Kazakhstan at 12…

Current News

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