Contracts News

 

MOL Bags Yamal LNG Charter Contract for Four Ships

Jun 29, 2017

Mitsui O.S.K. Lines (MOL) announced it has signed a long-term charter contract for four liquefied natural gas (LNG) carriers with the tank capacity of 174,000m3, which will be delivered and serve on Yamal LNG project in 2019 and 2020 onward…

d’Amico Chooses Sealink Premium Plus VSAT

Jun 29, 2017

Telemar and Marlink to bundle VSAT, L-Band and XChange Universal Remote Access to improve on board IT network support  Italian ship owner and long-term Telemar customer d’Amico Group has selected Marlink’s Sealink Premium Plus VSAT service…

NYK, Kyushu Electric Power Partner on LNG Transport

Jun 29, 2017

Japanese firms NYK and Kyushu Electric Power Co. Inc. say they have reached an agreement to partner in various fields, including liquefied natural gas (LNG) transport. According to NYK, the agreement will allow Kyushu Electric Power to use…

ExxonMobil Joins with Eagle LNG, Crowley on LNG Marine Fueling

Jun 29, 2017

ExxonMobil, Eagle LNG Partners LLC (Eagle LNG Partners) and Crowley have signed an agreement to collaborate on the development of LNG as a marine fuel. The goal is to establish the storage and technical support necessary to provide safe, reliable…

Cosco Firms Sign Insurance​ Agreement

Jun 29, 2017

Cosco Shipping Energy Transportation has entered into insurance services framework agreement with Cosco Shipping Insurance​ pursuant to which the latter will provide vessel-related insurance services to the Group. Cosco Shipping  Insurance is a wholly-owned subsidiary of Cosco Shipping…

Valletta Cruise Port Inks Agreement on Tourism Ethics

Jun 28, 2017

Valletta Cruise Port has signed the UNWTO Private Sector Commitment to the Global Code of Ethics for Tourism. This Code is a frame of reference for responsible and sustainable tourism development as endorsed by the United Nations General Assembly in 2001…

Wood Group Bags Alexandroupolis FEED

Jun 27, 2017

Wood Group has secured a new front end engineering design (FEED) contract with Gastrade S.A. for the Alexandroupolis Independent Natural Gas System (INGS) offshore Greece. The project, to develop a floating liquefied natural gas (LNG) receiving…

Telenor Expands Communication Services for DFDS

Jun 27, 2017

Global maritime mobile operator Telenor Maritime said it will expand communications services for longstanding partner DFDS, deploying its connectivity platform with Premium Wi-Fi, Ka VSAT and mobile broadband backhaul for the Northern European shipping company…

GeoSea Bags Offshore Wind Installation Work from EnBW

Jun 26, 2017

DEME Group’s offshore marine engineering subsidiary GeoSea said that, following successful completion of the design, it also received the Notice to Proceed for fabrication and offshore installation of 16 wind turbine foundations and 1 Offshore…

Dry Bulk, Tanker Newbuilds on the Rise -BIMCO

Jun 26, 2017

Tanker and dry bulk vessel newbuild contracts have been signed at an increasing pace so far in 2017, with newbuild activity for the first half of 2017 surpassing the same period last year by 20 percent. According to BIMCO, 5.9 million DWT was contracted in May 2017 and 3…

Austal Wins USD 584.2 million US Navy Contract

Jun 25, 2017

Australian shipbuilder Austal has won a  $584.2 million contract to build a 14th Littoral Combat Ship for the US Navy, Reuters reported. The contract includes associated LCS class services and related material and integrated data environment support…

Korea Line Signs USD 1.15 bln LNG Shipping Deal from KOGAS

Jun 23, 2017

Korea Line Corporation (KLC) has secured a KRW 1.27 trillion (USD 1.1 billion) contract to transport liquefied natural gas (LNG) for its compatriot Korea Gas Corporation (KOGAS). Yonhap reported that under the deal with Korea Gas Corp. (KOGAS)…

Statoil, AET Expand Shuttle Tankers Contract

Jun 22, 2017

Statoil ASA and petroleum and chemical tanker owners and operator AET are extending their partnership in the North Sea shuttle tanker sector. Statoil has, awarded a long-term contract to AET, a subsidiary of Malaysian energy shipping group…

Diana Signs Time Charter with Hudson

Jun 20, 2017

Diana Shipping has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Hudson Shipping Lines Incorporated, for one of its Panamax dry bulk vessels, the m/v Protefs.  The gross charter rate is $7…

Metro Ports to Operate Port of Indiana Bulk Terminal

Jun 20, 2017

The Ports of Indiana announced that Metro Ports – the country's oldest stevedoring company – will become the new bulk terminal operator at the Port of Indiana-Burns Harbor. Starting July 1, 2017, Metro Ports will manage the loading and unloading…

Logistics News

US Ethane Vessels Stalled After Export Licenses Requested

US Ethane Vessels Stalled After Export Licenses Requested

GAIL LNG Terminal Receives First Cargo During Monsoon Season

GAIL LNG Terminal Receives First Cargo During Monsoon Season

MPA and NYK Collaborate on Autonomous Ship Technology

MPA and NYK Collaborate on Autonomous Ship Technology

Trump Hobbles NOAA Team That Reopens Ports After Hurricanes

Trump Hobbles NOAA Team That Reopens Ports After Hurricanes

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