Contracts News


Dogger Bank (UK) Cable Route: OMM Completes Assessment

Mar 21, 2013

Offshore Marine Management (OMM) completes a feasibility study for Forewind’s planned North Sea wind energy development.The study was undertaken to assess route feasibility options along one of the development’s 160km long export cable corridors…

China Offshore Units to be Caterpillar Powered

Mar 21, 2013

Cat® 16CM32C generator sets selected to provide main power for a fixed platform & FPSO slated to operate in the Enping Oilfield.Four 16CM32C generator sets will be installed on the fixed drilling production platform; the remaining four will be installed on the FPSO…

Shell Expands GofM Portfolio

Mar 21, 2013

Shell was a high bidder on 38 Gulf of Mexico blocks at the US Bureau of Ocean Energy Management (BOEM) Lease Sale 227.Shell continues to build upon a strong position in the Central Gulf of Mexico, bidding on a total of 43 blocks and exposed approximately $166 million…

NAT Buys Twenty-first Tankship

Mar 20, 2013

Nordic American Tankers Limited (NAT) is to acquire a Suezmax tankship delivered to its owners earlier this year .The company has entered into a preliminary agreement to acquire a modern double-hull Suezmax tanker delivered from a top yard in South Korea in early 2013…

Tome Choose Intergraph® Solutions for FPSO Topsides

Mar 20, 2013

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…

China Demand Edges Commodity Freight Rates Upward

Mar 20, 2013

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…

Zim Line Regards Newbuilding Cancellations an Achievement

Mar 20, 2013

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…

Puerto Rico Towing Assists 'Run Out of Gas' Ship

Mar 20, 2013

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…

Offshore Brazil: Petrobas Needs Two FPSO's

Mar 20, 2013

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…

New Suezmax Tankship Sold, Bareboat Chartered Back

Mar 19, 2013

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…

TEN Charter Out Five Product Tankships

Mar 19, 2013

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…

New Indian Container Terminal: Global Bids Invited

Mar 19, 2013

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…

Great Lakes Shipyard Awarded Coast Guard Contract

Mar 19, 2013

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…

Port of Antwerp Adopts Descartes' Services

Mar 18, 2013

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 Awarded Navy LCS Assessment Contract

Mar 18, 2013

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…

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