Contracts News


Zamakona, Finnish GS-Hydro Ink Deal

Jan 31, 2015

The presentation ceremony of the Finnish multinational leader in water services GS-Hydro, new partner of Zamakona Yards in Canarias was held yesterday (January 29th at 7 p.m.) in the auditorium of Zona Franca in the Las Palmas Port.The event…

PHA Budgets $ 275 mi for Capital Improvements

Jan 31, 2015

In 2015, the Port of Houston Authority has budgeted $275 million for various capital improvement projects. About $184 million is being allocated to its container terminals for continuing development of Bayport and modernization at Barbours Cut…

Shell 'Optimistic' on U.S. Refinery Contract Talks

Jan 30, 2015

Lead industry negotiator Royal Dutch Shell Plc said on Thursday it was 'optimistic' a new three-year agreement could be reached with a union representing hourly workers at 63 U.S. refineries that account for two-thirds of U.S. refining capacity…

Imabari to Construct Newbuilding Dry Dock

Jan 30, 2015

In order to accommodate construction of Ultra-Large newbuilding vessels including recently secured 20,000TEU Mega container ships (about 400m in length and about 59m breadth), Imabari Shipbuilding Co., Ltd. has decided to construct a large…

Long Beach Port to Boost Power, Speed Clearance

Jan 30, 2015

Port of Long Beach Chief Executive Jon Slangerup on Thursday unveiled ambitious plans for congestion-beating smart systems for cargo movement and an all-out push to achieve energy resilience for port operations with wind turbines, solar cells and other clean technologies…

31 ARENA Projects Completed

Jan 30, 2015

ARENA has invested $1 billion in more than 230 projects, fellowships and scholarships that are paving the way for a more diverse energy future for Australia.Thirty one of these projects have now been completed, with many more scheduled to reach key milestones and/or completion in 2015…

Gazprom, OMV Ink Additional Deal

Jan 30, 2015

Vienna hosted today the signing of an Addendum to the existing contract for gas supply to Austria between Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Gerhard Roiss, Chief Executive Officer of OMV. The document…

Strategic Sale of Braemar's H.O.

Jan 30, 2015

On 27 January 2015 Braemar Shipping Services Plc exchanged contracts for the sale of our leasehold interest in our Marylebone corporate headquarters to Greenhouse Sports Ltd for a net consideration of £9.5m before tax. The leasehold had a net book value of £4…

Norway's Oil Sector Repeating Mistakes of last Downturn?

Jan 29, 2015

Some 10 pct of oil workers laid off; Energy sector at risk of cutting too much.Norway's offshore energy sector may be repeating the mistakes of the last big oil slump, removing too much capacity too soon and leaving the industry unprepared for any eventual rebound…

Directorate Changes at Fastnet

Jan 29, 2015

Fastnet, the UK and Irish listed E&P company focused on near-term exploration and appraisal acreage in Morocco and the Celtic Sea, announces certain management changes following the appointment of Carol Law as CEO in December 2014 and a review…

MOL, Mitsui Ink Charter Deal

Jan 29, 2015

Mitsui O.S.K. Lines, Ltd. signed a contract with Mitsui & Co., Ltd. today (January 29) to charter a new 177,000m3 liquefied natural gas (LNG) carrier.This is the third newbuilding vessel chartered by Mitsui & Co., following a contract signed last September 26 for two carriers…

Mitsui Orders 2 LNG Carriers from MHI

Jan 29, 2015

Mitsubishi Heavy Industries, Ltd. (MHI) reports it has received an order for two next-generation LNG (liquefied natural gas) carriers from Mitsui & Co., Ltd., scheduled for completion and delivery in 2018 and 2019, respectively. They will be…

A HERO on the Seas

Jan 29, 2015

The expansion of the Panama Canal has opened up an opportunity for WWL to develop its next generation RoRo carriers.Due to its importance to international trade, the size of the Panama Canal has long been a design constraint when it comes to shipping vessels…

Fender Repairs Works for Dolphins at Hong Kong

Jan 29, 2015

For approximately four months, fender repairing and replacement works for five of the dolphins will be carried out in the To Kwa Wan Typhoon Shelter.The works will be carried out by a crane barge. Only one dolphin will be occupied for the works at a time…

NewLead Holdings Acquire 5 Vessels

Jan 28, 2015

NewLead Holdings Ltd. announced today that it recently added five bitumen tanker vessels to its fleet. The Company has expanded its fleet to 10 vessels in less than a year while performing on its strategy to capitalize on opportunities that arise in the market…

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