Brazilian joint venture will use SmartMarine® Enterprise components for project with oil giant Petrobras.Tome Ferrostaal, a joint venture between Tome Engenharia and Ferrostaal in Brazil, has selected Intergraph® SmartMarine® Enterprise solutions…
Rates to ship iron ore, coal and grains rose for the longest streak in almost a year on speculation Chinese demand increased. The Baltic Dry Index gained for a 15th straight session, adding 1.4 percent to 912 today, according to the Baltic Exchange…
Newbuildings orders for 5 container ships were cancelled and advance payments partially refunded by the shipbuilders.In addition, the company reached an agreement regarding the postponement of payments due in 2013 for other orders. The agreements…
Tugs 'Triton' and 'Honcho' of the Puerto Rico Towing & Barge Co. recently assisted a drifting vessel off the coast of Puerto Rico.The cargo ship Global Destiny, owned and operated by Diavlos Maritime based in Athen, Greece, called for assistance the morning of Saturday…
Petrobras announce negotiations are under way to contract 2 Floating Production & Storage Units (FPSO's) for connection to wells in the Santos Basin.Petrobras and its partners in Block BM-S-11, BG E&P Brasil and Petrogal Brasil, announce negotiations…
Belgium's Euronav sells Samsung newbuild 'Cap Isabella' 157,648 dwt to new owners then charters the vessel back long-term.Cap Isabella was sold for US$ 54,000,000, with delivery from Korea's SHI to the new owners due shortly.The vessel…
Greece-based Tsakos Energy Navigation Limited (TEN) fix 3-year charters for 5 Panamax LR1 product tankers with a major national end-user.These fixtures are expected to generate close to $80 million in gross revenues over the duration of their contracts…
India's largest major port, Kandla Port Trust (KPT) invites global bids for setting up a container terminal at nearby Tuna -Tekra.The port authority has invited expression of interests (EOIs) from global majors for setting up the container terminal on build…
The shipyard has been awarded a drydocking & repair contract for the United States Coast Guard Cutter 'Neah Bay' (WTGB-105). Contracted work includes routine drydocking and underwater hull maintenance, including inspection and testing of propulsion systems…
Descartes Systems Group's announce its cloud-based messaging services now integrated with the Antwerp Port Community System's (APCS) e-Desk application.The solution, combined with the Global Logistics Network (GLN), provides declarants and…
Austal USA gains additional Littoral Combat Ship (LCS) work contract.The United States Department of Defense has announced that Austal USA has been awarded a US$19.987-million modification to a previously awarded Littoral Combat Ship (LCS) contract…
A few months after opening an office in Stavanger, Damen Shipyards is set to deliver a second Stan Tug to a Norwegian owner - EB Marine A/S - a family-owned diving company, which is one of the oldest diving companies in Norway. This latest order…
Romania's Grup Servicii Petroliere (GSP) to start drilling in June, admitting it has no experience of drilling operations in the Arctic.Operations are scheduled to start at the beginning of June and will be carried out in Dolginskoye oil field…
The very large crude carriers (VLCC's) will load at Ras Tanura terminal for deliveries to a US Gulf Coast port next month.The very large crude carriers will each load 280,000 metric tons of oil at Saudi's Ras Tanura terminal between April…
UK headquartered Phusion appointed as Data Management Contractor (DMC) for the INPEX-led Ichthys LNG Mega-Project.The six-year contract is worth £11.5 million (AUD17.6m). The deal extends Phusion’s growing portfolio in Australia where the…