Contracts News


Orion Bags $10 Mln Dredging Contract

Nov 07, 2018

Specialty construction company Orion Group Holdings, Inc. said it has been awarded an approximately $10 million dredging contractThe deal was awarded to company’s marine segment from the U.S. Army Corps of Engineers for the dredging of the Sabine-Neches Waterway in Orange and Jefferson counties…

TOP Ships Signs New TC with BP

Nov 06, 2018

Greece-based ship-owning company TOP Ships announced that it has agreed a new time charter employment contract for 2 years with BP Shipping Ltd for its product/chemical tanker M/T Eco Revolution.The international owner and operator of modern…

Daewoo Wins Contract to Build Three Vessels

Nov 05, 2018

Daewoo Shipbuilding & Marine Engineering says it signs $273 mln order.Daewoo Shipbuilding & Marine Engineering Co Ltd says has signed an order worth 306 billion won ($272.51 million) for three oil container ships from a European shipowner. Source: Eikon:Reporting by Joori Roh

Gulfport’s Long Road Back From Hurricane Katrina

Nov 02, 2018

When Jonathan Daniels, executive director of the Mississippi State Port Authority at Gulfport spoke to the audience at the annual state of the port luncheon July 27, 2018 at the newly rebuilt Island View Casino, he had a lot to offer in terms of jobs…

Kalmar Bags Eurogate Order

Oct 31, 2018

Kalmar, part of Cargotec, is to deliver two rubber-tyred gantry cranes (RTGs) to EUROGATE, Europe's leading shipping line-independent container terminal operator, for use in their Tanger S.A. terminal in Morocco.The order was booked in Cargotec's 2018 Q3 order intake…

CMA CGM Completes Containerships Acquisition

Oct 31, 2018

The CMA CGM Group has completed the acquisition of Containerships, a container-transportation and logistics company.The European Commission authorized this transaction on October 22nd. Containerships, which specializes in the intra-European market…

Cruise Shipping: Virgin Orders a Fourth Ship from Fincantieri

Oct 31, 2018

Fincantieri and Virgin Voyages signed a $791m contract for the construction of a fourth cruise ship, which will be delivered at the end of 2023.The new vessel will be a sister-ship of the three ships on order with Fincantieri. Construction is…

ESL, Nauticor Sign Long-term LNG Supply Contract

Oct 25, 2018

The Finnish shipping company ESL Shipping and Hamburg based Nauticor GmbH & Co. KG have signed a long-term contract for the supply of Liquefied Natural Gas (LNG) in the port of Oxelösund. The contract contains the provision of the environmental…

Verifavia Signs with Two Ship Managers

Oct 22, 2018

Verifavia, an emissions verification company for the transport sector (aviation and shipping), has announced major cooperation’s with two of the world’s largest ship managers, namely Wallem Ship Management in Hong Kong and Zeaborn Ship Management in Hamburg (a consolidation of E…

Pavilion Inks Long-term LNG Charter Deal with BW

Oct 22, 2018

Singapore's Pavilion Energy has signed an agreement with commodities shipper BW Group for the long-term charter of two newly built liquefied natural gas (LNG) vessels, the company said on Monday.The 173,400 cubic meter vessels, expected to be delivered between 2019 and 2020…

St. Lawrence Seaway Workers Ratify Contract

Oct 19, 2018

The St. Lawrence Seaway Management Corporation (SLSMC) has announced that its unionized employees, members of UNIFOR, ratified a three-year labor agreement covering the period of April 1, 2018 to March 31, 2021.Terence Bowles, President and CEO of the SLSMC…

SpecTec Partners with iMarine Software

Oct 17, 2018

AMOS now offers integration with SeaProc, providing seamless electronic quotation management for an optimized procurement cycle. Seaproc also offers sourcing tools within it platform to achieve cost efficiency.Marine buying organizations can now enjoy significant speed…

Scorpio Charters Out Eight Bulk Carriers

Oct 16, 2018

Dry bulk shipping company Scorpio Bulkers Inc. announced Tuesday that it has entered time charter-out agreements for seven of its Ultramax vessels and four of its Kamsarmax vessels. Daily rates range between $14,500 and $16,500.VesselTypeEarliest…

Poseidon Navigation Services Inks Deal with Hapag-Lloyd

Oct 15, 2018

Global container carrier Hapag-Lloyd has appointed Poseidon Navigation Services Ltd as the supplier of all Chart Management Services for the fleet managed by Hapag-Lloyd Hamburg.The appointment, announced after an in-depth evaluation process…

FLEX LNG Orders Five LNG Carrier Newbuilds

Oct 10, 2018

Flex LNG, the shipping company controlled by billionaire John Fredriksen, is entering into a transaction for the acquisition of five 5th generation LNG newbuildings comprising three MEGI LNG carriers and two X-DF LNG carriers.According to a release from the shipping company…

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