Contracts News


Cleveland wants to be Midwest Hub for Shipping to Europe

Jun 15, 2015

Because of demand, the Cleveland-Cuyahoga County Port Authority (CCPA) is doubling the frequency of its service between Port of Cleveland and the Port of Antwerp this year. (The ship makes one stop, near Montreal.)  A report in AP says…

Austal Hosts Littoral Combat Ship Gabrielle Giffords Christening

Jun 14, 2015

Austal joined the Honorable Gabrielle Giffords, her husband, retired Navy captain Mark Kelly, and ship’s sponsor Dr. Jill Biden in celebrating the christening of the future USS Gabrielle Giffords (LCS 10) today in Mobile, Alabama. This is the third littoral combat ship (LCS) in Austal’s 10-ship…

Diana Takes a Hit on Charter Extension

Jun 13, 2015

Diana Shipping Inc. specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with Cargill International S.A., Geneva, for one of its Panamax dry bulk vessels…

Peel Ports, JNPT in Historic Partnership

Jun 13, 2015

At a formal event presided by ShriNitinGadkari, Union Minister of Road Transport,Highways and Shipping in the presence of ShriAnil Desai, Member of RajyaSabhainMumbai, India’s No.1 Container Terminal Jawaharlal Nehru Port Trust,  have today…

Statoil Could Slash 2,000 Workers from Payroll

Jun 12, 2015

Norwegian energy firm Statoil could lay off another 2,000 employees by the end of 2016, business daily Dagens Naeringsliv (DN) said on Friday.The decision will be finalised in the near future, after discussions with the management and representatives from the unions on Thursday…

DNV GL Rejigs Top Deck

Jun 12, 2015

DNV GL Group has appointed Tor Svensen as Group Executive Vice President.  Knut Ørbeck-Nilssen will succeed Tor Svensen as Chief Executive Officer of its Maritime business area. Both will report to the incoming Group President & CEO Remi Eriksen…

Oil & Gas Banker Janoskey to join JP Morgan

Jun 11, 2015

JP Morgan has hired James Janoskey, Credit Suisse's European Energy Group head, to lead its oil and gas team in Europe, the Middle East and Africa, according to a memo seen by Reuters.Janoskey will join the investment banking division, reporting to Laurence Hollingworth…

MSC to Optimise Capacity on Asia-Europe Network

Jun 11, 2015

MSC  has announced plans to optimise all of its Asia-Europe services. The changes, which will be implemented progressively over the coming months will include: port combinations, vessel rotations and capacity deployment.Since the launch of the new Asia – Europe network in January 2015…

Statoil BoD Selections Announced

Jun 10, 2015

In a meeting in the Corporate Assembly of Statoil ASA on 9 June 2015  Øystein Løseth was elected as new chair and Roy Franklin as a new member and deputy chair of Statoil's board of directors.Chair of the board Svein Rennemo and board member…

Head of Greece's Biggest Port Piraeus Resigns

Jun 10, 2015

The head of Greece's biggest port Piraeus will step down, a statement said on Wednesday, after the port was once more named as a target for privatisation in the country's cash-for-reforms negotiations with international creditors.Chief Executive Yiorgos Anomeritis has headed the port since 2009…

TGS Signs Vessel Charter Deal with Polarcus for 2016

Jun 10, 2015

TGS-NOPEC Geophysical Company ASA (TGS) signs letter of intent (LoI) for charter of an estimated six months of 3d vessel capacity from Oslo-listed seismic vessel operator Polarcus. TGS intends to charter a vessel from Polarcus in 2016 to…

Glander International Promotes Raghuvanshi

Jun 09, 2015

Glander International Bunkering, a global leader in Bunker, Lubricant trading/brokering has promoted Piyush Raghuvanshi as Senior Bunker/Lubricant Trader & Team Leader of the Mumbai office. Piyush joined the firm in 2013 and demonstrated strong leadership and trading skills…

China Shipping Charters Diana Panamax

Jun 08, 2015

Diana Shipping has entered into a time charter contract with Hong Kong - based China Shipping Bulk Carrier, for one of its Panamax dry bulk vessels, the m/v Calipso.  The 'Calipso' is a 73,691 dwt Panamax dry bulk vessel built in 2005. The gross charter rate is US$6…

MOU Signed for O&G Fabrication Training in UAE

Jun 08, 2015

Abu Dhabi Ports hosts MoU signing between SIDDCO Group and Istituto Italiano della Saldatura to deliver first-of-its-kind training and certification programs in the region; MoU will see the companies invest in enhancing local knowledge and aiding…

Kvaerner, KBR JV wins Johan Sverdrup Deal

Jun 08, 2015

Kvaerner in a joint venture with KBR has signed a contract with Statoil for the complete delivery of the platform topside to the Johan Sverdrup field development. The agreement to deliver the deck for the utility and living quarter (ULQ) platform comes after a tough international competition…

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