Contracts News


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…

Bristow Commences New Contract in Barents Sea

Aug 31, 2018

Bristow Norway AS is commencing a previously announced five-year contract today (September 1, 2018), from its Hammerfest base. Bristow will provide helicopter offshore crew change services and search and rescue (SAR) services to support Eni Norway and Equinor…

Marlink VSAT Ensures Global Connectivity for Hapag-Lloyd Cruises

Aug 31, 2018

Marlink has re-established its commitment to Hapag-Lloyd Cruises to provide its Sealink services on the fleet of four cruise vessels, plus two new cruise ships which are due to enter operational service in 2019. The contract renewal reflects…

Port of Rotterdam Pact for Brazil's Pecém Port

Aug 30, 2018

As shareholders in the Port of Rotterdam Authority, the Municipality of Rotterdam and the Ministry of Finance have approved the participation in the Port of Pecém, a rapidly growing port in Northeast Brazil.The participation involves an investment of some 75 million euros and…

Maersk Rig Contracted to Aker BP

Aug 30, 2018

Maersk Drilling and Aker BP have agreed to a new two-year contract to reactivate and quickly deploy jack-up rig Maersk Reacher in the Norwegian part of the North Sea.Maersk Reacher will be deployed as an accommodation rig, with the option of…

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