Contracts News

 

CCUS: Bernhard Schulte Orders Its First CO2 Tanker

Dec 14, 2023

Bernhard Schulte ordered its first CO2 tanker, a newbuild to be constructed at Dalian Shipbuilding Offshore (DSOC) and to showcase technologies designed to reduce its carbon footprint. Planned for delivery in 2026, the ship is committed to a long-term time charter agreement with Northern Lights.The newbuilding ordered now is the first ship of this type for the Bernhard Schulte fleet and the fourth CO2 carrier for Northern Lights…

Höegh Autoliners to Deploy Marlink Hybrid Network

Dec 19, 2023

Marlink said it will deploy its guaranteed bandwidth hybrid network solutions to the Höegh Autoliners fleet. Already a customer using remote IT service, support and maintenance from Marlink, Höegh Autoliners will adopt Marlink’s hybrid network solutions…

DEME wins Saudi Arabia Dredging Contract

Dec 11, 2023

A consortium of Saudi Archirodon and DEME has been awarded the second phase of transformation work for the Port of NEOM, the primary seaport of entry to northwest Saudi Arabia.Based in Oxagon, Port of NEOM is located along the coast of the Red Sea and is adjacent to the nearby Suez Canal…

CMB.TECH, Boeckmans to Build Four Hdrogen-Powered Cargo Ships

Nov 29, 2023

CMB.TECH and Boeckmans will build four hydrogen-powered 5.000-dwt general cargo vessels with reduced greenhouse emissions.The first vessel is expected to be delivered in the second half of 2025. The vessels will be built at the Dung Quat shipyard in Vietnam and will be deployed on major sea routes…

Wabtec, Marinsa Win 20-Engine Deal for New Panama Canal Tugboats

Nov 28, 2023

Wabtec Corporation and Latin American Channel Partner, Marinsa International, signed a contract to supply the primary power for 10 new hybrid tractor tugboats for the Panama Canal Authority (ACP). Wabtec will deliver two 8L250MDA marine engines for each tugboat…

ECOsubsea raises $12m

Oct 04, 2023

A Series B financing round led by the Blue Ocean fund, managed by sustainable investor SWEN Capital Partners, reportedly raised $12m and will enable ECOsubsea, a Norwegian hull cleaning specialist to scale up its operations.While hull cleaning…

Glas Ocean Electric Snags DARPA Contract

Oct 04, 2023

The United States Defense Advanced Research Projects Agency (DARPA)  awarded Halifax, Nova Scotia, Canada-based Glas Ocean Electric a contract to develop and demonstrate a low-cost data acquisition system that can be easily installed on a range of vessels including fishing vessels…

Shallow Water, No Problem: HGK Orders Gas Tanker with "Special Dimensions"

Sep 18, 2023

Optimized to deal with shallow water levels, a diesel-electric drive system and an extra-wide design for the vessel are the main features of a gas tanker that HGK Shipping ordered from the Dutch shipyard, De Gerlien Van Tiem, on September 15…

KHI Gets Order for NYK's Sixth LPG Dual-fuel Very Large LPG/Ammonia Carrier

Jul 14, 2023

NYK ordered of its sixth liquefied petroleum gas (LPG) dual-fuel very large LPG / liquefied ammonia gas carrier (VLGC) from Kawasaki Heavy Industries Ltd. (KHI). The ship will be built at the KHI Sakaide Works shipyard and is set for delivery in 2026…

Liberty Lines Extends Hybrid Ferry Order to 12

Mar 24, 2023

Italy's Liberty Lines expanded its order from nine to 12 of the 38m hybrid monohull passenger ferries designed by Incat Crowther, built by Astilleros Armon’s shipyard in Spain.Each of the 12 new vessels will designed to have a flexible hybrid…

DP World Inks Deal to Develop Deendayal Port Mega-container Terminal

Feb 02, 2023

DP World has won a major concession to develop, operate and maintain the mega-container terminal at Deendayal port in Gujarat, on the western coast of India.The project involves the construction of a mega-container terminal at Tuna-Tekra through a Public Private Partnership (PPP)…

Marlink Helps Drive Odfjell’s Digital Strategy

Oct 26, 2022

Marlink signed an agreement with Odfjell Management AS to provide seamless access to global enterprise and crew applications across 52 vessels. The contract includes 43 vessels managed by Odfjell Management Norway and another nine operated by Thome Management Singapore…

Svanehøj Inks Deal to Supply Chinese LNG-import Terminal

Oct 24, 2022

In February 2023, Svanehøj Tank Control Systems will deliver the tank gauging system for COOEC’s six new LNG tanks for the Longkou Nanshan LNG Terminal which is under construction.Global investments in LNG are increasing, not least in China…

Shareholders Approve SAAM's $1 Billion Terminals Sale to Hapag-Lloyd

Oct 19, 2022

SAAM shareholders at an extraordinary shareholder’s meeting on Tuesday approved a deal valued at about $1 billion to sell 100% of the shares of its subsidiaries SAAM Ports and SAAM Logistics, as well as the real estate assets belonging to the logistics business…

Transnet Agrees Wage Deal with Majority Labor Union

Oct 18, 2022

South African state-owned logistics firm Transnet said on Monday it had agreed a three-year wage deal with the union representing the majority of its workers, ending a two-week strike that had hit commodities exports and piled up millions in losses…

Logistics News

First LNG Carrier Arrives at New German Mukran Terminal

First LNG Carrier Arrives at New German Mukran Terminal

Brazil's Paranagua Port Resumes Operations After Fire

Brazil's Paranagua Port Resumes Operations After Fire

EU Clears CMA CGM's Acquisition of Bollore Logistics, Subject to Conditions

EU Clears CMA CGM's Acquisition of Bollore Logistics, Subject to Conditions

ZIM Names Trio of LNG Containerships

ZIM Names Trio of LNG Containerships

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