Contracts News


AGL Energy Inks Deals for LNG Import Jetty

Jun 12, 2018

Australian power producer AGL Energy said on Tuesday it has signed two agreements for its planned liquefied natural gas (LNG) import terminal at Crib Point in the southeastern state of Victoria.The first is with pipeline firm APA Group to develop and construct the Crib Point Pakenham pipeline…

VLCC Maran Aphrodite Changes Destination for Fourth Time

Jun 12, 2018

New-build VLCC Maran Aphrodite, which is carrying a 200,000 tonne diesel cargo from Asia, has changed its final destination for a fourth time, Reuters ship-tracking data showed.The ship was originally calling on Rotterdam before changing its destination to New York harbor on May 11…

A World-first Intermodal Automation Solution is on the Way

Jun 08, 2018

Kalmar, part of Cargotec, and Navis, part of Kalmar Business Area within Cargotec, have been awarded the contract to supply a state-of-the-art, fully automated intermodal terminal solution for Qube's Moorebank Logistics Park (MLP) in south-western Sydney…

Carnival Scoops Up Port, Rail and Retail Operations in Alaska

Jun 07, 2018

A subsidiary of Carnival Corporation has reached a deal to purchase port, railroad and retail operations that form a gateway to the Klondike Gold Rush region, in a major push into the Alaskan tourism industry.Carnival, the world’s largest cruise and leisure travel company…

Baltic Index Up for Sixth Straight Session

Jun 07, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday for a sixth straight session as rates across vessel segments saw gains. The overall index, which factors in rates for capesize…

Diana Shipping Signs TC Contract for m/v Baltimore with Koch

Jun 06, 2018

Diana Shipping through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping, Singapore, for one of its Capesize dry bulk vessels, the m/v Baltimore.  The global shipping company specializing…

Siemens Deepens Ties to China's 'Belt and Road' Push

Jun 06, 2018

Siemens has signed more than 10 cooperation agreements with Chinese companies as it seeks to benefit from deepening involvement with China's 'Belt and Road' infrastructure initiative, the German engineering group said on Wednesday.Siemens said the cooperation covers power generation…

Scorpio Tankers Sells, Leaseback Six Tankers

Jun 05, 2018

Scorpio Tankers  announced  that it has agreed to sell and leaseback six MR product tankers (STI Battery, STI Milwaukee, STI Tribeca, STI Bronx, STI Manhattan, and STI Seneca) to CMB Financial Leasing.  Upon completion, the Company’s liquidity…

GAC to Provide Voyage Management for Translux

Jun 05, 2018

GAC LNG Services said it has secured a global contract to provide voyage management services to Translux Limited as they enter the liquefied natural gas (LNG) business.GAC LNG Services, officially formed in 2016, provides a full-service solution for the sector…

Kalmar Upgrades Bristol Port's STS Crane

Jun 05, 2018

Kalmar, part of Cargotec, has signed a contract with The Bristol Port Company to undertake a comprehensive upgrade of one of the terminal's ship-to-shore (STS) cranes.The order was booked in Cargotec's 2018 second quarter order intake and the…

BW Adds KVH Connectivity Services to 45 More Vessels

Jun 04, 2018

KVH Industries, Inc. announced that BW Group has chosen KVH’s connectivity services for 45 additional vessels in its fleet. The two companies will also continue with a connectivity contract for the LPG and LNG vessels in BW’s fleet that have had KVH’s VSAT systems and services since 2013…

C-MAP Wins Chevron Shipping Contract

Jun 04, 2018

Following a competitive tender, Chevron Shipping Company LLC (CSC) has selected smart shipping solutions from C-MAP, a provider of commercial marine charting and cloud-based software solutions for fleet management and route optimization.CSC…

SFL Acquires Four 14,000 TEU Vessels

May 31, 2018

Ship Finance International Limited (SFL) informs it has agreed to acquire four large container vessels in combination with long-term time-charters to a leading container line.The vessels are modern eco-design built in 2014 with approximately 14…

EIB Backs Marseille Fos projects in €50 Mln Deal

May 31, 2018

European Union institution the European Investment Bank (EIB) has renewed its partnership with French port Marseille Fos under a €50 million funding agreement to support five key development projects.The projects, which require a total investment of €136 million…

Kanoo Shipping Acquires Wallem South Africa

May 31, 2018

Kanoo Shipping, a shipping agencies in the Middle East will acquire Wallem South Africa, a provider of integrated maritime solutions in the cities of Durban and Cape Town. Wallem South Africa, now Kanoo Africa PTY LTD, was part of The Wallem Group…

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