Contracts News


The Changing Face of the VLCC Market

Feb 07, 2012

With so much discussion of the poor freight rates available to VLCC owners hiring their ships out for voyages from the Middle East to major consumers east and west, it is informative to see how much the spot market for VLCCs has changed in just a few years…

Craig Group Invests $79m in New Vessels

Feb 06, 2012

North Star Shipping, a division of the family-owned global shipping and energy services firm The Craig Group, has been awarded a major new contract with Talisman Energy (UK) Ltd. Under the contract the company, which provides offshore support vessels to the industry…

Damen Delivers 3 Dredges

Feb 03, 2012

Damen Shipyards delivers three Cutter Suction Dredgers to Azerbaijan. On 24 January 2012 Dutch shipbuilder Damen Shipyards delivered three Cutter Suction Dredgers of its CSD 500 series to the Ministry of Emergency Situations (MES) in Azerbaijan…

Costa Calls on Salvage Companies for Ship Removal Plans

Feb 02, 2012

Costa Crociere has set up a technical committee, with representatives from Costa Cruises, Carnival Corporation & plc, Fincantieri, Rina and sector experts, including academics, who will work for the best possible drawing up of the plan, on a joint basis with the competent authorities…

Inland Salvage to Remove Capsized Barge

Feb 02, 2012

Inland Salvage Inc. awarded Wreck Removal Contract of Capsized Inland Drill Barge. Inland Salvage Inc. (ISI) was recently selected as Salvor to conduct Wreck Removal Operations of a 2,650t Inland Drill Barge following an unsuccessful attempt by another contractor to salvage the barge…

Stork Nets Contract Extension

Feb 02, 2012

Stork Technical Services heralds rebrand of RBG with multi-million pound contract extension. Stork Technical Services, the leading global provider of knowledge-based asset integrity management services for the chemical, oil and gas and power sectors…

Paragon Announces Early Charter Termination

Feb 01, 2012

Paragon Shipping Inc. announced that Deiulemar Compagnia di Navigazione SpA, the charterer of the M/V Friendly Seas (the 'Vessel'), a 2008-built 58,779 dwt Supramax bulkcarrier (the 'Charterer'), has continued to fail to provide payment due…

Damen Launches Fishery Inspection Vessel

Feb 01, 2012

Fishery Inspection Surveillance Vessel for Angola launched at Damen Shipyards Galati. Damen Shipyards Galati is building the Ngola Kiluange, a Fishery Inspection Surveillance Vessel (FISV) 6210, for the Angolan Ministry of Agriculture, Rural Development and Fisheries…

ABS Nautical Systems Wins Two International Contracts

Feb 01, 2012

ABS Nautical Systems Nets Two New Clients. ABS Nautical Systems has signed a contract with Samson Maritime Ltd. for the use of its NS5 software.   Located in Mumbai, Samson Maritime Ltd., owns and operates a fleet of offshore supply vessels…

Boston Whaler Justices Support Counternarcotics Ops

Jan 31, 2012

The U.S. Army Space and Missile Defense Command/Army Forces Strategic Command (USASMDC/ARSTRAT) has awarded a $36 million contract to Brunswick Commercial and Government Products (BCGP) to supply up to sixty 32-foot and 37-foot Boston Whaler Justice models…

HB Rentals Completes GOM Project

Jan 31, 2012

HB Rentals Completes Seven Building Package in Green Canyon Area of Gulf of Mexico.  Offshore accommodation specialist,  HB Rentals, a Superior Energy Services company has completed a three-month project to install seven ABS/USCG building…

Expro Wins Contract with Shell

Jan 30, 2012

Expro wins important five year multi-discipline contract with Shell in Europe.International oilfield services company Expro has been awarded an important multi-million pound multi-discipline five year contract with Shell UIE. Expro has won…

TM Master for Subsea 7

Jan 26, 2012

Tero Marine announced Subsea 7, the result of the combination of Acergy and Subsea 7, has chosen to standardise their Fleet Management System by implementing TM Master V2 for their fleet of vessels and equipment. Legacy Subsea 7 has been running TM Master since 2001…

Keppel Details FY 2011 Results

Jan 26, 2012

The Directors of Keppel Corporation Limited advise the following unaudited results of the Group for the full year ended 31 December 2011. The FY 2011 Report Card and the Address by Mr Choo Chiau Beng, Chief Executive Officer, are below. The…

Boatracs Announces Moran Contract Extension

Jan 26, 2012

Boatracs Announces Multi-Year Contract Renewal with Moran Towing Corporation - Maritime Services Company Extends Satellite Data Communications Services and Adds BTConnect as Messaging and Mapping Platform. Boatracs Inc., a leader in providing…

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