Contracts News


China Harbour Engineering to Build Berri Field in Saudi Arabia

Sep 17, 2018

Saudi Arabian oil giant Saudi Aramco has awarded a contract to China Harbour Engineering Arabia for the construction of two  drilling islands under the company’s Berri Increment Program (BIP).The objective of the BIP is to produce an additional 250…

ABS to Class Singapore's First LNG Bunker Barge

Sep 17, 2018

Singapore’s first liquefied natural gas (LNG) bunker barge scheduled to begin construction in January 2019. The 7,500 cubic meter capacity barge will be owned and operated by a joint venture between Shell and Keppel Offshore & Marine, FueLNG Pte Ltd…

Total E&P South Africa Contract for Solstad Farstad

Sep 12, 2018

Norwegian offshore vessel owner Solstad Farstad has been awarded contact  for two of its vessels by French oil major Total Total E&P South Africa.'Total has awarded Solstad a contract for one Large Anchor Handling Vessel (AHTS) Normand Ranger (2010…

Novatek, Rosatom Plan LNG-Powered Icebreaker Fleet

Sep 12, 2018

Russia’s natural gas producer and the operator of the giant Yamal LNG export project Novatek, has signed an agreement of intent with Russian state nuclear firm Rosatom to establish a joint venture (JV).The JV plans to establish a long-term partnership to jointly develop…

Teekay Tankers Completes of Sale-Leaseback of Six Vessels

Sep 12, 2018

Teekay Tankers announced that it has completed and closed the previously-announced sale-leaseback transaction for six Aframax tankers, the Whistler Spirit, Blackcomb Spirit, Emerald Spirit, Garibaldi Spirit, Tarbet Spirit and Peak Spirit.  The…

Novatek Signs Pact for Kamchatka LNG Transshipment Complex

Sep 11, 2018

Russia’s natural gas producer Novatek has signed an agreement of intent on implementing a project for the construction of a marine liquefied natural gas (LNG) transshipment complex in the territory of Kamchatka.PAO Novatek, the Ministry of the…

Essberger Tankers Sign Deal with GAC

Sep 10, 2018

Chemical tanker operator Essberger Tankers has signed a ship agency deal with GAC throughout Scandinavia. Under the agreement, GAC will handle an estimated 600-800 port calls a year for Essberger’s fleet of vessels carrying a wide range of high-grade chemicals…

Djibouti Nationalizes Stake in Doraleh Container Terminal

Sep 10, 2018

Djibouti has nationalized the two-thirds stake in its Doraleh Container Terminal held by the Port of Djibouti, the government said in a statement, the latest twist in a dispute with Dubai's government-controlled DP World dating back six years…

Peter Döhle Schiffahrts-Kg Signs BWTS Deal with Erma First

Sep 09, 2018

German based company, Peter Döhle Schiffahrts-KG signed an Agreement with Erma First S.A., manufacturer of Ballast Water Treatment Systems (BWTS), for the installation of BWTS onboard its vessels.Erma Firstis represented in Germany by MOE Marine & Offshore Equipment…

Repsol to Buy LNG from Venture Global

Sep 07, 2018

Venture Global LNG announced that it has entered into a 20-year, binding Sales and Purchase Agreement (SPA) with Repsol for the supply of one million tonnes per annum (MTPA) of liquefied natural gas from the Venture Global Calcasieu Pass LNG export facility…

Wintershall Awards Frame Deal to DOF Subsea

Sep 07, 2018

Norwegean-based  international subsea operating company DOF Subsea said in a press release that  it has been awarded frame agreement for marine subsea services from Wintershall.'The Atlantic region has been awarded a Frame Agreement for marine subsea services from Wintershall…

Stena Bulk Charters Out MR Tanker Pair to Petrobras

Sep 07, 2018

Stena Bulk said it has signed a contract with Brazil's state-owned oil company to charter out a pair of MR product tankers for transporting refined products along the Brazilian coast. The two-year deal includes the option to extend the charters for another 11 months…

Contract Extension for Tanker Stena Provence

Sep 06, 2018

Concordia Maritime said it has signed a contract to charter out the P-MAX tanker Stena Provence for another year from September 2018.The contractual partner is one of the world’s largest oil and gas companies, who has used the vessel since 2014 for niche transportation of refined petroleum products…

Azerbaijani Vessels Completes Filanovsky Mission

Sep 04, 2018

The vessels of Azerbaijan Caspian Shipping Company (ACSC) have successfully completed their mission at the “Filanovski” oilfield  in the Russian sector of the Caspian Sea.A press statement from ACSC said that the towing vessel “Yarnega”, owned…

Diana Shipping Signs TC m/v Medusa with Cargill

Sep 04, 2018

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Cargill International, Geneva, for one of its Kamsarmax dry bulk vessels, the m/v Medusa.The global shipping company…

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