Contracts News


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…

GasLog Sets Charter Deal with Centrica, Orders New LNG Vessel

May 30, 2018

Monaco-based LNG shipper GasLog signed a seven-year charter deal with the UK-based energy company Centrica for a newbuild LNG carrier it has ordered at the South Korean shipbuilder Samsung Heavy Industries.  A 180,000 cubic meter LNG carrier…

Diana Containerships TC for m/v Rotterdam with Wan Hai Lines

May 30, 2018

Diana Containerships announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Wan Hai Lines (Singapore) Pte Ltd. for one of its Post-Panamax container vessels, the m/v Rotterdam.  The…

Inchcape to Pay $20 Mln for Allegedly Overbilling US Navy

May 30, 2018

U.K. based marine services contractor Inchcape Shipping Services Holdings Limited and several of its subsidiaries have agreed to pay $20 million to resolve allegations that they violated the False Claims Act by knowingly overbilling the U.S…

Kalmar Delivers Forklifts to Port of Dalian in China

May 29, 2018

Kalmar, part of Cargotec, in conjunction with Dalian De Yulong Electrical and Mechanical Engineering Technology Corporation Limited, has received an order for three Kalmar Essential Forklifts from Dalian Port Corporation Limited, Bulk Grain and related Logistics…

Intermarine Enters Joint Venture with Zeaborn Group

May 29, 2018

Maritime Holdings Delaware, LLC, parent company of project, breakbulk and heavylift cargo carrier Intermarine, LLC has entered into a joint venture agreement with Zeaborn Group.The joint venture entity, ZeaMarine GmbH, will include the transfer…

GAC Australia Wins ONE Deal

May 29, 2018

Global container shipping company Ocean Network Express (ONE) has awarded GAC the agency contract to handle all its vessel calls in Australia covering the ports of Sydney, Melbourne, Brisbane, Adelaide and Fremantle. Under the agreement, GAC…

Diana Containerships Continues TC for m/v Pucon With OOCL

May 28, 2018

Diana Containerships announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with Orient Overseas Container Line Ltd., Hong Kong, for one of its Post-Panamax container vessels, the m/v Pucon…

Wärtsilä Intermodal Pact with VR Group

May 28, 2018

The technology group Wärtsilä and VR Group, a national railway operator owned by the Finnish State, deepen their partnership as Wärtsilä begins to recondition the engines of diesel locomotives.  The agreement significantly extends the previous relationship between the companies…

Concordia Maritime Charters Three Suezmax with Stena Bulk

May 28, 2018

As a further step in fleet positioning ahead of the gradually stronger market that is expected, Concordia Maritime has decided to participate in three suezmax tankers chartered in by Stena Bulk. The 158,000 dwt vessels were built in Korea in the period 2012-2014…

CP Rail Workers Reject Contract, Resume Negotiations

May 25, 2018

Canadian Pacific Railway conductors and locomotive engineers on Friday rejected the company's latest contract offer, with their union saying negotiations would resume and raising the prospect of another possible strike at Canada's second-largest railroad…

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