Contracts News


Oceanwide Expeditions: another Ship on Order

Jun 21, 2019

Due to the success of our new Polar Class 6 ship, Hondius, Oceanwide Expeditions has ordered a sister ship built by the same manufacturer: M/v Janssonius is scheduled to be completed in October, 2021. She will have the same passenger capacity as Hondius (174)…

SMS Group expands into Shoreham Port

Jun 12, 2019

The SMS Group, a Southampton, UK-based ship repairers and marine engineering services provider, has partnered with the Shoreham Port Authority to provide dedicated alongside ship repair wharfage, and to increase awareness of its Adur dry dock facility…

Helikon Shipping, ShipMoney Strike Deal

Jun 10, 2019

ShipMoney extended its Maritime Payment Services Agreement with Helikon Shipping into a long-term multi-year relationship.Helikon has used ShipMoney to pay wages to crew members onboard under its agency for the last several years and they have…

DP World Mulls Port Deals Along Russia's Northern Route

Jun 07, 2019

DP World, one of the world's largest port operators, wants to run ports that Russia plans to build along the northern sea route in the Arctic to shorten shipping times between the east and west, its chief executive told Reuters.Russian President…

Maersk India Trade Report Q1 2019

Jun 06, 2019

India’s containerized exports with the world witnessed a stable growth of 6% in the first quarter of 2019 propelled by robust performances in refrigerated cargo, engineering and pharmaceuticals sectors, while imports declined slightly in the same quarter registering a market growth of -2…

Marine Interiors 2019: Designers on Board

Jun 06, 2019

Ship designers and architects are experts at merging design and safety on board cruise ships. The considerations that make the difference will be on top of the agenda of the Marine Interiors specialist panel discussions during the Seatrade Europe conference program…

Tillerson Applauds U.S. Trade Goals, Not Tactics

Jun 05, 2019

Rex Tillerson, the former U.S. secretary of state and Exxon Mobil Corp chairman who has clashed with President Donald Trump since leaving the administration, said on Wednesday he supports the president's trade objectives 'but may not support the tactical moves…

Vard to Build Another for Coral Expeditions

Jun 05, 2019

Fincantieri’s subsidiary Vard Holdings Limited (Vard), one of the major global designers and shipbuilders of specialized vessels, signed a contract with the Australian cruise operator Coral Expeditions for the design and construction of a second expedition cruise vessel…

China Urges Dialogue, Negotiations to Solve US Trade Row

Jun 04, 2019

China's commerce ministry on Tuesday urged dialogue and negotiation to solve trade differences with the United States.It is common to make revisions, suggestions and adjustments in trade negotiations, it said in a statement in response to U…

CONTAINER PORTS: Boxed in or Busting Out?

Jun 03, 2019

Benchmarking the Nation’s top container ports in 2018 and looking ahead to what comes next.The nation’s major ports finished 2018 and began 2019 setting monthly and yearly container volume records, but agitated trade activity in the White House…

First ANS Cargo in One Year on Way to China

May 30, 2019

One million barrels of Alaskan crude is due in China next week, the first such shipment in almost a year, according to data from Refinitiv Eikon and vessel-tracking firm Kpler.China's imports of U.S. crude have fallen amid the two countries' trade dispute to 41…

South African Court Halts Port Strike

May 29, 2019

The South African Transport and Allied Workers Union (Satawu) said on Wednesday a court interdiction secured by the national ports authority has stopped planned strike action at ports from Thursday.'Transnet National Ports Authority has interdicted…

Mariners Set to Strike at South African Ports

May 28, 2019

South Africa's transport workers union Satawu threatened a 'total shutdown' at major ports across the country from Thursday after issuing a 48-hour strike notice for mariners over a payment dispute, the union said on Tuesday.The South African…

Risk Drives Up US-Venezuela Cargo Rates

May 28, 2019

Two major shipping lines this month have raised their rates for transporting goods from the United States to Venezuela, according to three industry sources and two documents, as U.S. sanctions limit transit between the two nations.Washington…

More Shippers Join Maersk's Blockchain Solution

May 28, 2019

Two of the world's biggest shipping groups will join a Maersk led blockchain platform aimed at boosting efficiency and limiting the enormous paper trail of global container shipping.With Mediterranean Shipping Co (MSC) and CMA CGM, the second- and fourth-largest container shipping companies…

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