Contracts News

 

Eni Cancels Vessel Deal with Viking Supply Ships

Jul 25, 2016

Viking Supply Ships A/S (VSS) has received an early termination notice of the contract for the Ice-class 1A AHTS “Njord Viking”. The vessel has been working for Eni Norge in the Barents Sea and has also been part of the extended towing-preparedness…

Hyundai Bags NZ Defence Order

Jul 25, 2016

Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, has won an order to build a 23,000 ton class logistics support vessel for New Zealand Defence Force’s Maritime Sustainment Capability (MSC) project.  HHI was selected as a preferred bidder in December 2015…

GAIL, Gazprom Renegotiating LNG Deal

Jul 25, 2016

As weak demand in India forces it to stall some contracted supply, GAIL India Ltd (GAIL) is in talks with Russia's Gazprom to delay and renegotiate a 20-year gas purchase deal undercut by low spot prices, reports Reuters. GAIL  and Gazprom…

MOL Signs Long-Term Charter with Uruguayan JV for FSRU

Jul 24, 2016

Japanese shipping company Mitsui O.S.K. Lines, has, through its wholly-owned subsidiary Lakler S.A., agreed to conclude a charter contract with Gas Sayago, for a floating storage and regasification unit (FSRU) project in Montevideo, Uruguay…

Team Britannia, GAC Inks Partnership Deal

Jul 23, 2016

As Team Britannia prepares for its bid to break the round-the-world powerboat record later this year, GAC has been named their official shipping and logistics partner.GAC will draw on the local contacts and expertise of its network of global…

Boskalis Awarded Aberdeen Offshore Wind Farm Contract

Jul 22, 2016

Royal Boskalis Westminster N.V. (Boskalis) has been awarded the Offshore Balance of Plant contract by Vattenfall for the construction of Aberdeen Offshore Wind Farm, also known as the European Offshore Wind Deployment Centre. Following the…

Maersk Drilling Slashing 140 Norway Jobs

Jul 21, 2016

Maersk Drilling, a unit of Danish conglomerate A.P. Moller-Maersk, will cut up to 140 jobs in Norway due to lack of work for two rigs, the drilling company said.The jack-up rigs Maersk Gallant and Maersk Inspirer are expected to have finished…

Three Keppel Dredgers for Jan De Nul

Jul 20, 2016

Keppel Offshore & Marine Ltd (Keppel O&M)'s wholly owned subsidiary Keppel Singmarine Pte Ltd (Keppel Singmarine) has secured contracts from Jan De Nul Group to build three Trailing Suction Hopper Dredgers (TSHDs). The TSHDs are worth about S$100 million in total…

ABS Advisory Solutions Integrate ERM

Jul 20, 2016

ABS Group anticipated the update to Circular A-123 from the United States (US) Office of Management and Budget (OMB) requiring US executive departments and agencies to adopt enterprise risk management (ERM), and has expanded its suite of ERM…

Slippery Orders in Ship Building

Jul 18, 2016

The situation of the shipyards in the world and in particular the struggles of the Korean shipbuilding industry has received a fair amount of attention in the shipping press, as well as in more general news outlets. Poten and Partners discusses…

G E Shipping Acquires Bulk Carrier

Jul 14, 2016

The Great Eastern Shipping Company Ltd. (G E Shipping) took delivery of a Secondhand Capesize Dry Bulk Carrier “Jag Anand” (2011 built) of about 179,250 dwt. The company had contracted to buy the vessel in June 2016. With the inclusion of the vessel…

Jan De Nul to Install 36 foundations for Borkum Riffgrund

Jul 13, 2016

Jan De Nul Group signed a contract with Dong Energy from Denmark for the transport and installation of 36 monopiles and transition pieces for the offshore wind farm Borkum Riffgrund 2 in German territorial waters. Additionally, the Group was also awarded the supply…

Wood Group Secures Apache's Subsea MSA Deal Extention

Jul 13, 2016

Wood Group has been awarded an extension to its master service agreement (MSA) contract with Apache Corporation in the North Sea. Wood Group will continue to deliver subsea engineering and consultancy services, in support of Apache's routine operation and maintenance works…

Brexit: Potential Implications For The Maritime Sector

Jul 13, 2016

While the nature of the United Kingdom’s future trading relationship with the European Union (EU) will take some time to become clear, it is important to realise that in the immediate aftermath of the result of the UK’s recent EU referendum…

ISS Awarded NYK Liner Agency in Australia

Jul 12, 2016

Inchcape Shipping Services (ISS) has been awarded the NYK Liner agency in Australia.  Part of the Nippon Yusen Kabushiki Kaisha Group, one of the world’s leading transportation companies, NYK Line container services has appointed ISS to represent…

Logistics News

IMO: Stick to Your [Sustainability] Guns

IMO: Stick to Your [Sustainability] Guns

PortXchange Wins Award for EmissionInsider Port Decarbonization Platform

PortXchange Wins Award for EmissionInsider Port Decarbonization Platform

François Michel Appointed Chief Executive Officer of the GTT Group

François Michel Appointed Chief Executive Officer of the GTT Group

Abu Dhabi Ports Signs MoU to Develop, Operate Kuwait Container Terminal

Abu Dhabi Ports Signs MoU to Develop, Operate Kuwait Container Terminal

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