Contracts News


Shippers Demand Probe of Abandoned Calabar Port Dredging

Jul 23, 2015

The Nigerian Shippers Council (NSC) in Cross River State has urged President Muhammadu Buhari to probe the N20 billion contract awarded to Calabar Channel Management (CCM) for dredging Calabar Port by former President Goodluck Jonathan.  The…

Direct Cambodia-China Cargo on Course

Jul 23, 2015

Two Chinese shipping giants are likely to sign agreements with Cambodia's Sihanoukville Autonomous Port (SAP), paving the way for exporters to move cargo directly from Cambodia to China, Xinhua reported. Both Cosco and China Shipping are…

New Standard for Offshore O&G Project by DNV GL Led JIP is Cost Saving

Jul 22, 2015

Variations in owner, operator and regulatory requirements during engineering and construction phases at South Korean shipyards present a huge challenge for operators and drive up costs. DNV GL has kicked off a joint industry project (JIP) with Hyundai Heavy Industries (HHI)…

Argentinian Center Installs Engine Room Simulator

Jul 22, 2015

Buenos Aires, Argentina. Transas Marine has delivered its leading Engine Room Simulator ERS 5000 TechSim to the Center for Marine Engineer Officers and Chief Engineers in Buenos Aires, Argentina.The Center for Marine Engineer Officers…

BHP Billiton Injects $240m into Port Hedland

Jul 22, 2015

BHP Billiton has approved $240 million (BHP Billiton share) to purchase six additional tugs and construct a new eight pen Tug Harbour at Hunt Point in the Port Hedland Port.The investment will also include the upgrade of workshop facilities…

Goldenport Sells Thira

Jul 22, 2015

Goldenport Holdings Inc.  the international shipping company that owns and operates a fleet of dry bulk and container  vessels, announces today the sale of a container vessel, 'Thira'.  The Company has agreed the sale of the 1997 built container vessel to an unaffiliated third party…

Keppel Signs $684m FLNG Conversion Deal with Golar

Jul 22, 2015

Keppel Shipyard has signed its third contract with Golar Gandria for vessel conversion works.  The $684 million contract to convert a liquefied natural gas (LNG) carrier to a floating liquefaction facility (FLNG) with the subsidiary of…

Thome Signs Safety Service Agreement with WSS

Jul 21, 2015

Singapore-based Thome have signed a Safety Service agreement with Wilhelmsen Ships Service (WSS). Ryan Dalgado, Procurement & Supply Chain Manager from Thome said, Working with WSS, we also benefit from their geographical spread and in-depth…

Taimyr Disapprove Oil Terminal "Tanalau"

Jul 21, 2015

Association of Indigenous Peoples of Taimyr refused to sign the conclusion of the public hearings on the project and everything Payyahskogo Severopayyahskogo fields and the construction of the oil terminal 'Tanalau.''As a result of re…

SAFE Boats Wins USN Patrol Boats Order

Jul 21, 2015

SAFE Boats International (SBI) has been awarded a contract modification to provide the United States Navy two (2) additional Mk VI Patrol Boats (Mk VI PB). The contract modification exercises the options available on the second Mk VI procurement contract…

Newport News Shipbuilding Bags US Navy Submarine Contract

Jul 21, 2015

The U.S. Navy has given Newport News Shipbuilding a $106 million contract to provide engineering and industrial support for submarines.  Huntington Ingalls Industries, parent company of Newport News Shipbuilding, said the contract will be worth a total of $564 million…

Vallianz Signs $458mln Contracts to Extend OSV Charters

Jul 20, 2015

Singapore's Vallianz Holdings has signed new contracts worth up to US$458 million (S$628 million) that involve lengthening the charter duration of 19 of its offshore support vessels (OSV) with an existing customer in the Middle East. The…

Vietnam to Go-ahead with $2.5 bln Port Project

Jul 19, 2015

Vietnam's government has agreed on a port project in the southern province of Ca Mau, costing some $2.5 billion according to media reports and which would be able to host some of the world's biggest ships.The Hon Khoai port would be built under a public-private partnership…

Braskem to Get New Chairman

Jul 19, 2015

Brazilian petrochemical firm Braskem SA said on Friday it will hold a general meeting on Aug. 4 to appoint a new chairman, after its current chairman was arrested for alleged involvement in a corruption scheme.The new chairman will be Newton de Souza…

Mount Whitney Dry Docking Nears Completion

Jul 19, 2015

The U.S. 6th fleet’s command and control ship USS Mount Whitney (LCC 20), entered the final stages of its renovation and overhaul at the Viktor Lenac shipyard, in Rijeka, Croatia, July 11, 2015.After successfully completing the majority of a seven-month docking…

Current News

Louis Dreyfus Company Selected to Operate Grain Export at Burns Harbor Port

Missile Strikes Close to Livestock Carrier

LNG Canada Produces First LNG for Export

TOTE Promotes Hofeling, Crawford

Subscribe for Maritime Logistics Professional E‑News