Contracts News


Aliança Christens 2nd Cabotage Boxship

Jun 22, 2015

With the christening of the new container ship “Vicente Pinzón”, the Hamburg Süd subsidiary Alianҫa has momentarily completed the expansion and modernisation of its cabotage fleet. In the past two years, Alianҫa has launched a total of six newbuildings for its cabotage services…

Iran Shipping Rising from Sanctions

Jun 22, 2015

Malta Freeport has renewed its contracts in Iran with Hafiz Darya Shipping Lines (HDS) in the expectation that sanctions will be removed later this year, according to Times of Malta. Officials in Malta Freeport were perplexing to convince Iranian inhabitant shipping line IRISL to use a port…

ISO Certification for MOL Ship Management Company

Jun 20, 2015

Mitsui O.S.K. Lines, Ltd., today announced that its group ship management company for dry bulkers, Magsaysay MOL Ship Management, Inc. has acquired certifications from Nihon Kaiji Kyokai, for Energy Management Systems (ISO50001*1) and Environmental Management Systems (ISO14001*2) on June 18…

Sale of m.v. Star Mega

Jun 20, 2015

Star Bulk Carriers Corp.  a global shipping company providing transportation solutions in the dry bulk sector, today announced the sale of M/V Star Mega, a 170,631 dwt Capesize vessel, built in 1994, to an unaffiliated third party.   The Company delivered the Vessel to the Buyers on June 18…

Gulf LNG Liquefaction Project on the Anvil

Jun 20, 2015

The Gulf LNG Liquefaction Project proposed by Kinder Morgan and minority partners officially filed Friday for federal approval to add exporting capabilities to an existing liquefied natural gas (LNG) terminal.  The $8 billion LNG export project near Pascagoula…

Solar Solve Marine Receives Order from Incat

Jun 18, 2015

UK based Solar Solve Marine has received an order from its Australian distributor to supply 18 custom SOLASOLV roller screens and 44 ROLASOLV fabric roller blinds for Hull 075. The vessel is a 35 meter passenger catamaran being built by Incat in Hobart…

Norway Labor Union Threatens Offshore Strike

Jun 18, 2015

Rig workers on two Norwegian oil fields plan to strike from June 25 unless a wage settlement with employers is reached during talks with a state appointed mediator, labor union Safe said on Thursday.101 workers on the Petrojarl Varg vessel…

Wärtsilä Hybrid Scrubbers for 3 Box Ships

Jun 18, 2015

Wärtsilä has received an order for Hybrid Scrubber Systems to clean the exhaust emissions from three 2,500 TEU container vessels. The installation has been ordered by a major European owner and operator and will be carried out at the Jinhai Heavy Industry Co…

KNOT Orders New Tanker for Charter with BG Group

Jun 18, 2015

Knutsen NYK Offshore Tankers AS (KNOT) has concluded a time-charter contract with Brazil Shipping 1 Limited, a subsidiary of the U.K. energy supplier BG GROUP PLC.  This contract is for a maximum 20-year period starting from the second…

New Bulk Cargo Pad for Port Manatee

Jun 17, 2015

Port Manatee is adding a 2-acre cargo pad to support storage of prilled sulphur, a new commodity for the Florida Gulf Coast port. Under an agreement signed Tuesday, June 16, with longtime port tenant Gulf Coast Bulk Equipment Inc., construction…

APM Terminals Calls for Sensor Revolution

Jun 17, 2015

The annual Terminal Operators Conference (TOC) in Europe was held June 9-11 in Rotterdam with over 4000 people attending the conference supply chain sessions, Tech TOC, Bulk TOC venues and exhibits. Alex Duca, head of design and automation for APM Terminals called for a sensor revolution…

Euronav in $384m Deal for 4 VLCCs

Jun 17, 2015

Euronav has entered into an agreement for the acquisition through resale of four VLCCs which are completing construction at Hyundai Heavy Industries for an aggregate purchase price of $384 million or $96 million per unit. The vessels are due to be delivered as early as September 2015…

Steel Cutting of Petronas Floating LNG2

Jun 17, 2015

PETRONAS achieved another milestone with the official steel cutting of its second floating liquefied natural gas facility, the PETRONAS Floating LNG2 (PFLNG2) in a ceremony held on 11 June 2015 at the Samsung Heavy Industries (SHI) Shipyard in Geoje Island…

Blyth Workcats Wins ABP Survey Boat Contract

Jun 17, 2015

At the Seawork International Exhibition in Southampton, Blyth Workcats Ltd announced that Associated British Ports (ABP) has awarded it the contract for a new 14-metre survey vessel to be built at the company’s yard on Canvey Island, Essex…

Norstar Opens Crewing Office in Myanmar

Jun 17, 2015

Norstar Ship Management, the Singapore-based ship manager, has opened a crewing office in Yangon, Myanmar named “Norstar Crew Management Company Limited”. The office was formally opened by Mr Muang Muang Oo, Myanmar’s Director General of…

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