Contracts News


China Shipyard Gets Two Hi-speed Ferry Orders

Oct 18, 2012

Afai Southern Shipyard (Panyu Guangzhou) Ltd. win contracts to construct two 40m high speed passenger catamarans.The ferries have been ordered by Shenzhen Pengxing Shipping Co.,Ltd. in Shenzhen.The basic design and detailed design of the vessels will be made by CoCo Yachts B…

Deepwater Umbilical Contract for Aker Solutions

Oct 17, 2012

ENI signs umbilicals contract with Aker Solutions for an offshore Angolan (W. Africa) deep water region field.The contract with ENI for the Block 15\06 West Hub development is worth approximately USD 50 million (NOK 300 million).ENI has the operatorship of Block 15\06…

BSM to Manage Thenamaris LNG Newbuilds

Oct 17, 2012

Bernhard Schulte Shipmanagement (BSM) has announced that it has been awarded the ship management contracts for three TFDE 160,000 cu m capacity LNGCs belonging to Thenamaris LNG Inc.The vessels are due for delivery from Samsung Heavy Industries Co Ltd…

Accommodation Vessel Hired for Concordia Salvage Support

Oct 17, 2012

Ferguson Group’s accommodation service vessel, 'ASV Pioneer', deployed in the Mediterranean on a six-month contract with salvors Titan-Micoperi.The new contract, with Titan-Micoperi, is for the ASV Pioneer to provide a support role to the…

Aker Solutions Get Shetlands LNG Contract

Oct 17, 2012

Aker Solutions wins three year Total E&P UK & J/V partner Dong E&P UK contract for work on Shetland, Scotland, LNG plants on & offshore.The agreement includes provision of operations, maintenance and services support personnel for Total E&P UK at the new gas plant…

Helix to Sell Three Pipelay Vessels

Oct 17, 2012

Helix Energy Solutions Group to sell pipelay vessels, 'Caesar, Express', 'Intrepid' & related equipment in separate transactions for a total $252,750,000.On October 15, 2012, Helix entered into an agreement to sell the Caesar, Express and…

Taiwan Offshore Wind Farm Research Project

Oct 16, 2012

GL Garrad Hassan signs MOU with Taiwanese Industrial Technology Research Institute to develop Taiwan's offshore energy strategy.The offshore wind resource around the Taiwanese coast is considered excellent, with more than 6,000MW potential capacity at water depths of less than 50m…

US Navy Radar Jamming Contract for KOR Electronics

Oct 16, 2012

Mercury Computer Systems' subsidiary KOR Electronics gets a US Navy 5-year basic sole source orderiing agreement (BOA).This BOA supports the continued development of state-of-the-art techniques and target generation capabilities in conjunction…

MTU & Marina Barcelona 92 Sign Megayacht Agreement

Oct 16, 2012

MTU Friedrichshafen GmbH & Spanish repair shipyard Marina Barcelona 92 (MB92) agree cooperation on work and refit of MTU  yacht engines.The agreement establishes technical and commercial relationships between both parties to carry out…

Eni CEO Meets Rosneft CEO

Oct 16, 2012

Rosneft CEO Igor Sechin and Eni CEO Paolo Scaroni have met to discuss the progress of joint projects between the two companies offshore Russia in the Black Sea and Barents Sea, sanctioned in the strategic cooperation agreement signed on 25 April 2012…

KPI Bridge Oil appoints Risk Management Chief

Oct 16, 2012

KPI Bridge Oil, a global bunker broker and trader has appointed Mrs. Christel McLoughlin as Director of Risk Management products. Christel will be based at KPI Bridge Oil’s Headquarter in London.Christel McLoughlin who is a French national…

Bank Considers EEDI When Making Ship Finance Decisions

Oct 16, 2012

The German KfW IPEX-Bank evaluates energy efficiency of its merchant shipping portfolio, sees EEDI a key indicator of economic advantage.KfW IPEX-Bank, one of the largest ship financing banks in the world, has evaluated together with FutureShip…

Greek Ferries Chartered Out to Ease Cash Flow

Oct 16, 2012

Several Greek coastal shipping firms have resorted to chartering their ferries on foreign routes in order to secure some liquidity and continue operating.Companies believe that their smooth operation is being threatened by the negative course…

Samsung Heavy to Build Ocean Rig UDW Drillship

Oct 16, 2012

Ocean Rig UDW Inc. sign contract for Samsung Heavy Industries to construct a 7th Generation Ultra Deepwater (UDW) Drillship.This 7th Generation drillship is a sister ship to the three currently under construction at Samsung, and is scheduled to be delivered to the company in January 2015…

Wärtsilä Wins PSV BWT Contract

Oct 16, 2012

Wärtsilä wins contract to supply AQUARIUS® UV ballast water management systems to four Tidewater Marine Platform Supply Vessels (PSV).The scope of supply for the vessels, due for delivery from the COSCO (Guangdong) Shipyard in 2014, includes four 250m3/hr capacity Wärtsilä AQUARIUS®UV BWMS…

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