Contracts News


WSS Wins Contract with KOTC

Jun 21, 2011

Wilhelmsen Ships Service (WSS) Kuwait has recently won a major contract to provide support to the Kuwait Oil Tanker Company (KOTC). KOTC is a subsidiary of Kuwait Petroleum Corporation (KPC), which is the holding company integrating KOC, KNPC…

Historic Containership Contract for China

Jun 21, 2011

The new generation of 10,000 TEU container vessels contracted in China by Seaspan represents major improvements in energy efficiency, cargo capacity, operational efficiency and emission reductions. The new features have been developed in a collaboration between Seaspan…

Topside modifications at Åsgard

Jun 20, 2011

Statoil awarded Aker Solutions an engineering, procurement, construction and installation (EPCI) contract for subsea compression topside modifications on the Åsgard field.The Åsgard licence has decided on a concept involving gas compressors installed on the seabed…

GE Marine to Power Naval Ship

Jun 13, 2011

GE Marine reports that it will provide Austal USA, Mobile, Alabama, with two LM2500 aeroderivative gas turbines to power the United States Navy’s fourth LCS-Class-Independence variant. The new LCS will be named USS Montgomery, and will be powered…

WSS Signs Contract with KPT

Jun 13, 2011

Wilhelmsen Ships Service (WSS) has signed its first contract with Karachi Port Trust (KPT) to supply cleaning chemicals during 2011 – 2012, demonstrating an ongoing growth for WSS within what is an increasingly important region to the company…

Atlas Copco Taps James River Equipment

Jun 08, 2011

Atlas Copco welcomes its newest drilling equipment distributor, James River Equipment. The company, well-known as a heavy equipment supplier, will represent Atlas Copco in the Carolinas for blasthole rigs, other surface drilling rigs and equipment…

Rolls-Royce £20m Support Contract

May 26, 2011

Rolls-Royce, the global power systems company, has signed a long term contract with BAE Systems to provide in-service support for the Royal Navy’s Type 45 destroyers. The Type 45 Daring Class destroyers are each powered by two, cutting-edge…

Bollinger, Bouchard Contract for Tank Barges

May 20, 2011

Bollinger Marine Fabricators, L.L.C., Amelia, La., a Bollinger Shipyards, Inc. company, has signed a contract for the new construction of a 55,000 barrel OPA’90 compliant tank barge with Bouchard Transportation Co., Inc., Melville, N.Y. Terms of the contract were not disclosed…

General Dynamics Awarded $34M for Development

May 19, 2011

General Dynamics Electric Boat has been awarded a $33.5 million contract modification by the U.S. Navy to develop advanced submarine technologies for current and future undersea platforms. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD)…

Hyperdynamics Offshore Guinea Exploration Project

May 19, 2011

AGR Petroleum Services today signed a drilling contract, on behalf of Hyperdynamics Corporation (NYSE Amex: HDY), with Jasper Drilling Private Limited of Singapore to contract the drill ship Jasper Explorer for drilling in Hyperdynamics' concession offshore the Republic of Guinea…

Kleven Maritime Contract with Olympic Shipping

May 13, 2011

Fosnavåg-shipping company Olympic Shipping contracting newbuildings at Kleven Maritime to 380 million. With this contract Kleven Maritime has a backlog of 10 ships to a total value of 3.7 billionContract with Olympic Shipping Kleven Maritime…

Farstad Shipping Awarded Charter Contracts

May 11, 2011

AHTS Far Sound (2007, UT 712L, 16.000 BHP), AHTS Far Sword (2006, UT 712L, 16.000 BHP) and AHTS Far Scimitar (2008, UT 712L, 16.000 BHP) have been contracted by Hess to support their drilling program in Australia for at least 10 months commencing in May…

Incat Crowther Designs Ferries for Russian Builder

May 10, 2011

Incat Crowther is pleased to announce that contracts have been signed with Russian builder Pacifico Marine for two catamaran ferry projects. Incat Crowther and Pacifico Marine have formed a relationship that sees the design company assist Pacifico…

Horizon Lines Reaches Agreement with CSX

May 02, 2011

CHARLOTTE, NC, May 2, 2011 – Horizon Lines, Inc. (NYSE: HRZ) today announced that it has finalized an agreement with CSX Corporation to reduce charter payments on three vessels leased from CSX.Under the agreement, charter hire expense has been reduced by $3 million annually…

New Contract to Kleven Maritime

May 02, 2011

Kleven Maritime has signed a new contract with Rem Offshore for delivery of one LNG powered offshore vessel. With this new contract, Kleven Maritime’s order reserve increases to 9 vessels at a combined value of 3.3 billion NOK.The vessel…

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