Contracts News


Maritime Digitalization: Kongsberg Digital, Nautilus Labs Enter Partnership

Feb 12, 2021

Kongsberg Digital and Nautilus Labs announced a partnership to include the Nautilus Platform fleet and voyage optimization tool in the Kognifai open ecosystem. The agreement will see the integration of Nautilus Platform within Kognifai, complementing…

Ship Tech: GHG Emission Reduction focus of NYK LNG-Fueled PCTC Newbuilds

Feb 12, 2021

NYK has concluded a shipbuilding contract with China Merchants Jinling Shipyard (Nanjing) Co. Ltd. for four LNG-fueled PCTCs to be delivered from 2022 to 2023, intended to transport vehicles mainly to/from Europe and/or to the Middle East.The ships are designed with GHG emission reduction…

Callan Marine Wins Dredging Work at Port of Corpus Christi

Feb 01, 2021

Texas-based dredging contractor Callan Marine said it has been awarded the long-term contract for maintenance and new work dredging of the Port of Corpus Christi.The Port of Corpus Christi is the third most profitable port in the United States and is the second-largest exporter of crude oil…

Sovcomflot, Total Ink Timecharter Deal on LNG Transport

Jan 21, 2021

PAO Sovcomflot (SCF Group) and Total have concluded a time charter agreement for up to seven years for a newbuild 174,000-cubic-meter-capacity liquefied natural gas (LNG) carrier, scheduled to be delivered Q3 2023 and to be owned and operated by SCF…

Arklow Chooses Satcom Global Aura VSAT

Jan 19, 2021

Ireland headquartered ship owner and charterer Arklow Shipping has contracted communications solutions provider Satcom Global to install Aura VSAT across 17 newbuild vessels due for delivery from 2021 onward.The new vessels will be activated on a range of Aura service packages…

Schulte Group Acquires Rescompany

Jan 06, 2021

Schulte Group invests in digital technology for the cruise sector by acquiring software provider Rescompany. Rescompany Systems Ltd. (Resco) is a provider of advanced hospitality software solutions to the cruise industry, and with its integrated ship to shore software systems…

Kongsberg Sim-based eLearning Solutions for MAAP

Jan 05, 2021

Kongsberg Digital reports that the Maritime Academy of Asia and the Pacific (MAAP) has adopted its new K-Sim eLearning solution, as well as commissioning installation of a cutting-edge K-Sim Safety firefighting simulator at its premises in the Philippines…

S. Korea's Daewoo Nets $2.6 Bln Iraqi Port Deal

Dec 30, 2020

Iraq agreed a $2.625 billion deal with South Korea’s Daewoo Engineering & Construction on Wednesday to build the first phase at its planned Faw commodities port in the south of the country.Under the contract, signed in Baghdad by representatives…

Centerline Logistics Acquires Saltchuk Marine Services’ California Ship Refueling Ops

Dec 28, 2020

Centerline Logistics acquired Saltchuk Marine Services’ California ship refueling business, currently operated by subsidiary Foss Maritime Company. According to a press release from Centerline, this 'major acquisition' brings together the combined…

Iraq to Sign $2.625 Bln Port Contract with S.Korea's Daewoo

Dec 23, 2020

Iraq's government has agreed to sign a $2.625 billion contract with South Korea's Daewoo Engineering & Construction to build the first phase of a giant cargo port in the south of the country, a port manager said on Wednesday.The long-planned…

VIDEO: Port of Gdynia Construction Project Moving Forward

Dec 14, 2020

Treasury bonds are issued for the Port of Gdynia Authority S.A. (PGA) to secure funds for the Outer Port Gdynia construction project, funding to be invested in building the access infrastructure in the form of breakwaters.The Port of Gdynia Authority S…

Wallem Inks Deal with Navigate Response

Nov 25, 2020

Wallem Shipmanagement appointed Navigate Response to enhance its global media response capability, tasked to deliver crisis communications support and training to its global operations on shore and at sea.“Wallem Shipmanagement is committed…

Michels Inks Long-term Lease at Port Milwaukee

Nov 16, 2020

Port Milwaukee and Michels Corporation have formally signed a lease agreement for nearly 17.5 acres at the port’s Grand Trunk site along the Kinnickinnic River. The agreement has an initial term of 20 years, and, with extensions, could continue for a total of 99 years…

MacGregor Inks Deal to Supply LNG Bunker Barge Hose Handling Cranes

Nov 11, 2020

MacGregor received an order from Fincantieri Bay Shipbuilding to supply two fixed boom cranes that will handle the hoses on a new 5,400 cubic meter capacity liquefied natural gas (LNG) bunker barge currently under construction and estimated to be delivered by the end of 2021…

Four New Dual-fuel Bulkers to Support U-Ming Charter Deal

Nov 10, 2020

U-Ming Marine Transport Corporation, Taiwan’s largest publicly listed bulk carrier company, secured a 10-year liquefied natural gas (LNG) dual-fuel dry bulk charter contract with global mining company Anglo American.A fleet of four LNG dual-fuel Tier III 190…

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