Contracts News

 

India Proposes New MCA for Port Sector

Sep 23, 2016

India's Shipping Ministry on Thursday proposed a new model concession agreement (MCA) to attract more private sector investments in the development of port infrastructure.   The proposed MCA will replace the existing agreement which came into existence in January 2008…

Germany's DST Bags IWAI Contract for Designing Special Vessels

Sep 22, 2016

With its objective of providing safe, environment friendly and economical mode of transportation through National Waterway-1 (NW-1), the Inland Waterways Authority of India (IWAI),Ministry of Shipping signed a contract with DST, Germany to design vessels…

Chet Morrison Partners on Riser Project

Sep 21, 2016

Chet Morrison Contractors’ Deepwater Riser Services division recently completed work on a complex deepwater riser maintenance project for an offshore drilling rig that included complete disassembly, blast, paint and reassembly of 57 risers. By…

NRF Pushes Hanjin Concerns with Commerce Department

Sep 20, 2016

The National Retail Federation and the Hardwood Federation has led a coalition of 120 organizations representing retailers, manufacturers, agribusinesses and other sectors affected by the Hanjin Shipping bankruptcy in sending a letter to Commerce…

Boskalis to cut 650 jobs, 24 vessels

Sep 20, 2016

Royal Boskalis Westminster N.V. (Boskalis) announces that its Works Council has unanimously rendered a positive advice on the fleet rationalization plan announced early July. Part of the positive advice in an agreement to continue to crew two…

GPA Marks Record August Box Volumes

Sep 19, 2016

At the Georgia Ports Authority board meeting Monday, Executive Director Griff Lynch reported the GPA achieved an August record of 330,846 twenty-foot equivalent container units, a robust increase of 5 percent compared to August 2015. 'August…

Freight Rates in Europe-ECSA Trade Continue Declines

Sep 19, 2016

Container volumes from North Europe and the Mediterranean to the East Coast of South America have now fallen in 26 of the previous 28 months, with the latest statistics from Datamar showing that shipments fell by 8% year-on-year in July.It…

U.S. Coast Guard Awards ESG with Phase II OPC Contract

Sep 15, 2016

The U.S. Coast Guard awarded a contract to Eastern Shipbuilding Group, Inc., of Panama City, Florida, Thursday for the production of the lead Offshore Patrol Cutter (OPC) and up to eight follow-on cutters. The total award was valued at $110…

Kipevu Oil Terminal at Mombasa Port to Relocate

Sep 15, 2016

Kenya Ports Authority annoucend: Kipevu Oil Terminal at Mombasa Port will be relocated early next year, to Dongo Kundu area, as a result of the ongoing capacity expansion programme. New, upgraded modern oil terminal is expected to have a capacity to accommodate four vessels of up to 200 000 DWT…

Lloyd’s Register, MarineCFO Partner to Provide Turnkey SubM Solutions

Sep 13, 2016

Industry Innovators Combine to lead US Towing Vessel Compliance. Lloyd’s Register North America, Inc. has formally announced to the United States Coast Guard its intention to assume Subchapter M Third Party Organization duties effective immediately…

Newbuild Contracts at Lowest Level in 20 Years -BIMCO

Sep 13, 2016

Shipyards have become the next victim of the deteriorating conditions in the dry bulk, container and offshore markets as 2016 looks to set the record for the lowest newbuilding contracts in more than 20 years, according to international shipping…

GAC, Forth Join Forces to offer Mooring, Terminal Solutions

Sep 09, 2016

GAC UK and Forth Logistics Marine Services (FLMS) have formed a partnership to provide mooring and related terminal services around the UK.Formed on the back of a long term contract in the River Forth with an oil major to be announced later in the year…

NACD Selects ABS Quality Evaluations as Verifier

Sep 02, 2016

ABS Quality Evaluations, Inc. (ABS QE), a subsidiary of ABS Group, has been selected as a third-party verifier by the National Association of Chemical Distributors (NACD), an international association of chemical distributors and their supply-chain partners…

Norwegian Cruise Line Signs up for ShipServ

Aug 25, 2016

Cruise ship operator Norwegian Cruise Line Holdings Ltd. (NCLH) has signed on to use ShipServ, a platform for the marine industry that enables users to automate procurement processes and capitalize on spend management tools.NCLH operates…

Austal JV Wins First Ferry Contract

Aug 19, 2016

Aulong Shipbuilding, a joint venture company formed by Austal Limited and Guandong Jianglong Shipbuilding of Zhuhai, China, has won the first ferry contract to build a 42 metre high speed aluminium ferry for Chinese mainland operator Blue Sea Jet…

Logistics News

Port of Corpus Christi Completes Deepest, Widest Channel on Gulf Coast

Port of Corpus Christi Completes Deepest, Widest Channel on Gulf Coast

Klaipėda Port Begins Its Green Hydrogen Journey

Klaipėda Port Begins Its Green Hydrogen Journey

Ukraine: 500m Euros Needed to Rebuild Port Facilities Damaged by Russia

Ukraine: 500m Euros Needed to Rebuild Port Facilities Damaged by Russia

Port Arthur LNG Phase 2 Receives Non-FTA Export Authorization

Port Arthur LNG Phase 2 Receives Non-FTA Export Authorization

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