Contracts News

 

Shell Charters LNG Bunker Barge in US

Nov 07, 2017

Shell Trading (US) Company announced it has finalized a long-term charter agreement with Q-LNG Transport, LLC for an LNG bunker barge with the capacity to carry 4,000 cubic meters of LNG fuel.   As the first of its kind to be based in the United States…

Eniram Inks Service Deal with Corsica Linea

Nov 06, 2017

Eniram, a Wärtsilä company, has signed a five-year service agreement with Corsica Linea to take them to the forefront of digitalization and performance management. The agreement covers the fleet owned and operated by Corsica Linea between Marseilles and Corsica…

Hafnia Tankers in Sale and Leaseback Deal

Nov 02, 2017

Hafnia Tankers has successfully completed its first sale and leaseback in the Japanese market through the sale and leaseback of its 2010 built LR1 tanker, MT Hafnia Africa. The Vessel has been sold to a large Japanese private ship owning…

Great Lakes Awarded $213 Mln Dredging Contract

Oct 31, 2017

Dredging, environmental and infrastructure services provider Great Lakes Dredge & Dock Corporation announced the receipt of a $213.3 million award for the Post 45 Charleston Entrance Channel Maintenance and New Work Dredging – Contract 2 Project base contract…

GTT Bags Samsung Heavy Order for FSRU

Oct 26, 2017

GTT, leading engineering company in containment systems for the shipping and storage in cryogenic conditions of LNG (liquefied natural gas) announces a new order from South Korean shipyard Samsung Heavy Industries (SHI) regarding a Floating Storage and Regasification Unit (FSRU)…

Wison Inks LNG Tie-up with GTT

Oct 26, 2017

China’s Wison Offshore & Marine has signed a strategic cooperation agreement with GTT, a provider of design and engineering of containment systems for maritime transportation and storage of LNG.  Pursuant to the agreement, both parties will conduct a cooperation work on various LNG projects…

Wallem Appointed Manager for Sanasia's New PCTC

Oct 26, 2017

Wallem Ship Management has been appointed to manage Sanasia’s new pure car/truck carrier (PCTC )vessel, currently under construction and to be delivered next year.Wallem said it was first choice for Sanasia thanks to a relationship which goes…

Navibulgar Orders Up to Six Bulkers

Oct 24, 2017

Bulgarian ship owner Navigation Maritime Bulgare (Navibulgar) confirmed the building of another two high-efficiency up-to-date 45000t bulk carriers.  This deal is a continuation of the contract for four + two newbuildings of DWT 45 000 t…

Hyundai Heavy Signed $400 Million Order to Build 5 VLOCs

Oct 24, 2017

South Korea’s Hyundai Heavy Industries (HHI) has clinched a deal worth approximately US$400 million to build five very large ore carriers(VLOCs) from Seoul-based shipper Polaris Shipping. 'HHI has signed a $400 Million worth contract to build five 325…

Global Ship Lease New Time Charter with CMA CGM

Oct 19, 2017

Global Ship Lease (GSL), a containership charter owner, announced that it has agreed to a new time charter with CMA CGM for an 8,063 TEU containership, the 2005-built OOCL Tianjin, which will be renamed GSL Tianjin.  The vessel will be…

Wood Wins LNG Platform FEED Contract

Oct 17, 2017

The Honghua Group Limited has awarded a $12 million front-end engineering design (FEED) contract to Wood for its liquefied natural gas (LNG) platform development in the West Delta area of the Gulf of Mexico. The main objective of the FEED…

BBC Chartering, Jumbo Shipping Team Up in Global Project Alliance

Oct 17, 2017

Two market leaders in their respective fields, Jumbo and BBC Chartering have agreed to an exclusive strategic co-operation; the “GLOBAL PROJECT ALLIANCE”, effective immediately. This unique co-operation between two family-owned companies…

APL Renews Terminal Lease at Port of Kaohsiung

Oct 17, 2017

An agreement has been signed between American President Lines LLC, Taiwan Branch and Taiwan International Ports Corporation Ltd, to renew APL’s terminal lease at the Port of Kaohsiung, Taiwan. The signed deal retains APL’s current terminal plot…

Pasha Hawaii to Deploy Jones Act Vessel to Puerto Rico

Oct 17, 2017

Pasha Hawaii will provide the U.S. Jones Act vessel Horizon Spirit to ship hundreds of containers from the West Coast in support of hurricane relief and rebuilding efforts in Puerto Rico. The Horizon Spirit serves as a drydock reserve ship in…

Gastrade Signs LNG Deal with State-owned DEPA

Oct 12, 2017

Greece's state controlled natural gas firm DEPA signed a cooperation agreement on Thursday with natural gas company Gastrade to participate in the development of a liquified natural gas terminal in northern Greece, DEPA said. Greece currently has one LNG terminal on an islet off Athens…

Logistics News

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

Israel Attacks Yemeni Ports, Says Houthi-Run TV Outlet

Israel Attacks Yemeni Ports, Says Houthi-Run TV Outlet

DFDS Reaches 10,000 Sailings in Türkiye

DFDS Reaches 10,000 Sailings in Türkiye

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After tariff truce, US freight industry expects a boost in demand for back-to school supplies
CMA CGM, France, will redeploy its fleet to avoid U.S. Port Fees on Chinese vessels
Maguire: US and Europe are driving global power emissions up to 2025.