Contracts News


Osaka Gas wins Taiwan LNG terminal consulting work

May 17, 2018

Japanese city gas supplier Osaka Gas says its subsidiary has won consulting work for liquefied natural gas (LNG) terminals planned by Taiwan's state-owned CPC Corp and Taiwan Power Co.The subsidiary, Osaka Gas Engineering, will handle basic design for all of the planned LNG terminals in Taiwan…

Kalmar to Supply SmartPower RTGs to Port of Buatan

May 16, 2018

Kalmar, part of Cargotec, has concluded a deal with Riau Andalan Pulp & Paper (RAPP) to supply three Kalmar SmartPower rubber-tyred gantry cranes (RTGs) for its container yard at the Port of Buatan in Indonesia.  The order was booked in…

ADM CFO: Supply Chain Can be Managed Through U.S.-China Trade Tensions

May 16, 2018

Global grain merchant Archer Daniels Midland Co (ADM)feels it can manage its supply chain to adapt to China's threatened tariffs on imports of U.S. soybeans, Chief Financial Officer Ray Young said on Wednesday. The Chicago-based company…

AAPA releases State of Freight III report

May 16, 2018

Trade Association Releases Freight Report on Multimodal Funding Needs of U.S. Seaports. In a just-released report, U.S. port authorities identified more than $20 billion in projected multimodal port and rail access needs over the next decade…

Kalmar SmartPower for Indonesian Terminal

May 16, 2018

Kalmar, part of Cargotec, concluded a deal with Riau Andalan Pulp & Paper (RAPP) to supply three Kalmar SmartPower rubber-tyred gantry cranes (RTGs) for its container yard at the Port of Buatan in Indonesia. The order was booked in Cargotec's…

Shipbuilding: Keppel Bags Order for Van Oord Dredgers

May 16, 2018

Keppel Singmarine Pte won contracts from Van Oord to build two Trailing Suction Hopper Dredgers (with an option for a third), the shipbuilder announced, scheduled for completion in 4Q 2020 and 2Q 2021 respectively. Built to the standards of Bureau Veritas…

Bahri Chooses Digital Strategic Partner

May 15, 2018

Saudi Arabia based Bahri Group, one of the largest ship owners in the Middle East and the largest owner of very large crude carriers (VLCC) in the world, has opted for digital solutions from Singapore based MariApps Marine Solutions to help meet its ship management software requirements…

Total to Set Up LNG Bunkering Hub in Oman

May 14, 2018

French energy group Total said it had signed a memorandum of understanding with the government of Oman to develop natural gas resources in the country.'Total and Shell as operator will develop several natural gas discoveries located in the Greater…

Kongsberg Norcontrol Pact with Norwegian Coastal Administration

May 11, 2018

Kongsberg Norcontrol has signed a framework agreement with the Norwegian Coastal Administration for delivery, operations and maintenance of radars to the maritime traffic service. The agreement has a potential total value of up to NOK 250 million and a duration of up to eleven years…

10,000 TEU Vessel Delivered to Seaspan

May 11, 2018

Seaspan Corporation said it has accepted delivery of the CMA CGM Cochin, a 10,000 TEU containership that will commence a fixed rate time charter with CMA CGM S.A. for a three year term with an option to extend for an additional three years.The new containership…

Diana Containerships: Q1 Revenue More Than Doubles

May 09, 2018

Diana Containerships announces its Q1 revenue has more than doubled.Dry bulk shipper's shares jump 64 pct to $2.70, top advancer across U.S. exchanges in heavy premarket trade.DCIX trading with 20 pct of their free float volume in premarket…

Polsteam, Nova Ship Tech SA Select Alfa Laval PureBallast 3

May 09, 2018

Alfa Laval said it has signed fleet agreements with Polsteam and Nova Ship Tech SA for the supply of PureBallast 3, the third generation of Alfa Laval’s ballast water treatment technology.Under the agreements, Alfa Laval will provide dozens…

Tightening Noose: Venezuela's Crisis Deepens

May 08, 2018

The news that Venezuela's PDVSA has diverted a crude tanker from Curacao after ConocoPhillips moves to satisfy a $2 billion arbitration award signals that worst may be yet to come. Reuters is reporting that Venezuela's state-run PDVSA ordered…

Capital Products Acquires M/T Anikitos

May 07, 2018

Capital Product Partners L.P. has announced that it has completed the previously announced acquisition of the M/T Anikitos, an eco-type MR product tanker (50,082 dwt IMO II/III Chemical Product Tanker built 2016, Samsung Heavy Industries (Ningbo) Co…

Abu Dhabi Ports Signs a 30-year Deal with MSC to Build Terminal

May 07, 2018

Abu Dhabi Ports has signed a 30-year concession agreement with Mediterranean Shipping Company (MSC) to build a new container terminal at its Khalifa Port.Abu Dhabi, the capital of the United Arab Emirates (UAE), has spent billions developing the port…

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