Contracts News


Stefano Cao Tapped to be Saipem CEO

Mar 13, 2015

Former Eni manager Stefano Cao will be appointed chief executive of Italian oil service company Saipem to replace Umberto Vergine at a shareholder meeting in April, two sources close to the matter said.'There's a consensus in the company and government on this position…

Union: Tentative Pact will End U.S. Refinery Strike

Mar 13, 2015

The United Steelworkers union and oil companies have reached a tentative deal to end the largest U.S. refinery strike in 35 years, the labor group and people familiar with the negotiations said on Thursday.The new agreement for about 30…

BW LPG Poaches Ackermann

Mar 13, 2015

Mr. Martin Ackermann has been appointed as the Chief Executive Officer of BW LPG Limited.  Mr. Ackermann is currently the CEO of Evergas. He will take up his new role at BW LPG in Singapore once his contractual commitments have been finalised…

ISS Marks 100,000th Hub Appointment

Mar 11, 2015

Inchcape Shipping Services (ISS) has marked a milestone with its 100,000th hub appointment for Maersk Tankers.For the past week, ISS staff across the company’s global network have been actively following vessel activities to see which tanker would take the golden ticket…

Magnolia Fleet Signs on with Helm CONNECT

Mar 11, 2015

Helm Operations announced today that it has signed on barge fleeting and marine transportation company, Magnolia Fleet LLC to Helm CONNECT Preventive Maintenance. Magnolia Fleet operates 11 push boats, 2 fleets, and midstream fuel operations in New Orleans and Lake Charles…

N-KOM, Wärtsilä Ink Repair Agreement

Mar 09, 2015

Nakilat Keppel Offshore & Marine (N-KOM) and Wärtsilä have signed a Memorandum of Understanding (MoU) agreeing to work together to increase business opportunities in repair and maintenance services for marine and offshore vessels, as well as onshore structures at the shipyard…

Atlas Knowledge Secures Safety Contract

Mar 09, 2015

Atlas Knowledge has secured a seven-year contract to deliver second generation safety critical training to the UK offshore workforce.The deal reaffirms the Scottish-headquartered company’s position as the provider of the Minimum Industry Safety Training (MIST) online program in the North Sea…

Royal IHC Merges Four Units into IHC IQIP

Mar 06, 2015

Royal IHC (IHC) has integrated four of its business units – IHC Hydrohammer, IHC Handling Systems, IHC Sea Steel and IHC Fundex Equipment – into one new organization, which will operate under the name IHC IQIP.IHC said the merger aims to…

Former BP Boss Browne is DEA Chairman

Mar 03, 2015

Lord John Browne heads DEA's supervisory board* LetterOne co-owners Fridman, Khan also join* Unit changes name to DEA Deutsche Erdoel AGFRANKFURT, March 3 (Reuters) - DEA, the oil and gas company that German utility RWE sold to Russian billionaire Mikhail Fridman…

Tensions Flare at Refinery Picket Lines

Mar 03, 2015

Personal friendships are turning sour as some workers cross picket lines in the lingering U.S. refinery strike, with companies pushing laborers to return to work by saying they could lose their bonuses.A month into the biggest U.S. refinery walkout in 35 years…

Davie Building LNG-powered Ferries

Feb 27, 2015

Canadian shipbuilder Davie held a keel laying ceremony for MV Armand-Imbeau II, marking the beginning of the hull assembly for this first of two sisterships under construction at Davie for the Société des traversiers du Québec (STQ).The…

WEC, MTL Partnership Saves 135 Engineering Jobs

Feb 25, 2015

WEC Group has funded a partnership deal to acquire the business and certain assets of metal manufacturing specialist MTL Group out of administration, saving 135 jobs.The Administrators of MTL Group Limited chose the deal offered by WEC Group as the best option…

Union Chief: U.S. Refinery Strike Could Spread

Feb 25, 2015

The largest U.S. refinery strike in 35 years could spread if talks over improved safety conditions do not resume soon, United Steelworkers union (USW) International President Leo Gerard said on Tuesday.A total of 6,550 USW members are on strike at 15 plants…

Xiaomi Appoints CEVA to Manage Malaysian Center

Feb 25, 2015

CEVA Logistics has won a new contract with Xiaomi, the world's third largest smartphone manufacturer, to operate their warehouse and distribution in Malaysia. Xiaomi's unique business strategy of selling products directly to consumers…

Tesoro Resumes Martinez, CA Turnaround

Feb 24, 2015

Tesoro Corp said it resumed work at its 166,000-barrel-per-day refinery in Martinez, California. The facility is currently idle and operating as a terminal for customer supplies.Tesoro had previously announced a plan to shut the plant while…

Current News

Online Training Helps Maritime Professionals Recognize Signs of Human Trafficking

Wilson Sons Earns 2025 Diamond Sustainability Seal from Brazilian Ministry of Ports and Airports

International Propeller Club Elects New Officers to Lead Global Maritime Network

Acquisition Consolidates Europe Shortsea Vessel Sector

Subscribe for Maritime Logistics Professional E‑News