Contracts News


Ørsted Hires Focus Consultants on Sustainable East Coast Offshore Hub

Dec 03, 2018

Focus Consultants has been appointed to deliver sustainability services for a new East Coast Hub for the offshore wind giant, Ørsted, which is currently building the biggest offshore wind farms in the world.Currently in construction on the Royal Docks at Grimsby…

MPC Container Ships Buys More Scrubbers

Nov 30, 2018

Norwegian oner and operator of container vessels MPC Container Ships (MPCC) has exercised options to equip additional five vessels with exhaust gas cleaning systems.The scrubber investments are expected to be financed with cash on hand and available debt capacity on the MPCC's existing fleet…

Subsea Innovation Bags Two Contracts with Royal IHC

Nov 29, 2018

Subsea Innovation, the supplier engineered equipment and technology used in the installation of subsea equipment for the offshore oil and gas, has announced two high profile contract wins with Royal IHC, as part of a collaborative framework agreement…

TEN Finds Work for Suezmax Tanker

Nov 26, 2018

Tsakos Energy Navigation (TEN) has announced the charter with profit sharing provisions of one suezmax tanker for 18 months to a major oil concern.The Greek shipping company pointed out hat this increases the number of vessels fixed on secured revenue contracts since the beginning of the year to 24…

Scorpio Bulkers Updates on New TC

Nov 26, 2018

Scorpio Bulkers announced  that it has entered into a time charter-out agreement one of its Ultramax drybulk carriers for a period of between five and seven months.The  provider of marine transportation of dry bulk commodities said that the 64…

Port of Corpus Christi: $59m for Channel Upgrades

Nov 26, 2018

The U.S. Army Corps of Engineers (USACE) announced its Fiscal Year (FY) 2019 Work Plan, which includes an additional $59 million in funding for the Corpus Christi Ship Channel Improvement Project (CIP). This funding brings the total Federal appropriations for the CIP to $95 million…

Boskalis Wins USD 283 mln Contract from Ostwind

Nov 25, 2018

Dutch dredging Royal Boskalis Westminster N.V. (Boskalis) has been awarded a sizable export cable installation contract for the Ostwind 2 offshore grid connection.A press release from the global services provider operating in the dredging, maritime…

Nordic American Offshore Shelves Horizon Maritime Combination

Nov 25, 2018

The owner and operator of platform supply vessels (PSVs) Nordic American Offshore (NAO) has informed that its project to combine with Horizon Maritime Services has been called off.A stock exchange announcement from the Bermuda-based company said: 'The contemplated business combination…

Kongsberg Marine Bags Award for DPS

Nov 25, 2018

The state-of-the-art DPS i-Series Differential Positioning System has won the ‘Innovative Dredging Technology of the Year’ category at the Dredging and Port Construction Awards 2018.The judges highlighted the unique system as a powerful tool…

Sapura Energy Wins Contracts in Mexico, Malaysia

Nov 21, 2018

Malaysia-based integrated oil and gas services Sapura Energy Berhad has strengthened its presence in Mexico and Malaysia with new contract wins valued at approximately RM1.75 billion (USD 410 mln).The new contracts have lifted the company’s…

Exmar Bags FLNG Contract from YPF

Nov 21, 2018

Belgium's Exmar and YPF of Argentina announced the signing of a firm, ten-year agreement to deploy Exmar’s barge-based floating LNG liquefaction unit (FLNG) currently known as Caribbean FLNG to produce and export LNG from the Vaca Muerta source at the Neuquén Basin in Argentina…

Diana Shipping Fixes m/v Alcmene with BG Shipping

Nov 21, 2018

Greece-based Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with BG Shipping Co., Limited, Hong Kong, for one of its Post-Panamax dry bulk vessels, the m/v Alcmene.The global…

V.Ships Wins Magellan Explorer Contract

Nov 19, 2018

The global marine and offshore vessel management and support services provider V.Group said that its V.Ships Leisure unit has been awarded a contract by Antarctica21 for the technical management of the expedition vessel, Magellan Explorer.The…

Diana Shipping Signs TC for m/v Sideris GS

Nov 19, 2018

Diana Shipping  announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Berge Bulk Shipping Singapore, for one of its Capesize dry bulk vessels, the m/v Sideris GS, for a period until minimum December 15…

Daewoo Shipping and Marine Engineering Posts Q3 Loss

Nov 18, 2018

The South Korean shipbuilding major Daewoo Shipbuilding & Marine Engineering (DSME) has posted a net loss in the third quarter from a year earlier due to one-off losses.According to a stock exchange announcement by the world’s second-largest shipbuilder by orders…

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