Contracts News

 

Yangzijiang Bags Orders for Six VLOCs

Apr 14, 2016

China’s biggest private shipbuilder Yangzijiang Shipbuilding Holdings Ltd has won orders for six dry bulk carriers worth a combined US$510 million. The 400,000 DWT very large ore carriers (VLOCs) are the largest dry bulk carriers ever awarded to the group…

Total, KOGAS Extend Cooperation on LNG

Apr 14, 2016

Korea Gas Corp, the world’s biggest importer of LNG, has struck deals with French giant Total to extend its reach into the liquefaction sector, reports Reuters. Total has pledged to press forward with investment in LNG despite the downturn…

Antwerp, Montreal Ports Renew Cooperation

Apr 13, 2016

Yesterday during a joint trade mission in Montreal, the port authorities of Montreal and Antwerp, Belgium renewed their cooperative agreement. The first agreement, signed in March 2013, resulted in four trade missions to Montreal and Antwerp…

Australia's first LNG-powered Support Vessel by 2017

Apr 12, 2016

Woodside today signed a five-year charter contract with Norwegian company Siem Offshore Australia Pty Ltd — an agreement that delivers Australia its first LNG-powered marine support vessel in 2017.Woodside Chief Operations Officer Mike Utsler…

Veresen, Itochu in Jordan Cove LNG deal

Apr 11, 2016

Veresen, the developer of the Jordan Cove LNG facility in Oregon, has announced a preliminary agreement on key commercial terms with Itochu, including the purchase of 1.5 million mt/year of LNG (190 MMcf/d or 70.1 Bcf of gas) for an initial term of 20 years…

Diana Fixes Bulker with Quadra

Apr 09, 2016

Diana Shipping Inc. today announced that, through a separate wholly-owned subsidiary, it entered into a time charter contract with Quadra Commodities S.A., Geneva, for one of its Kamsarmax dry bulk vessels, the m/v Medusa. The gross charter rate is US$6…

TAS Offshore Sees Another Vessel Deal Axed

Apr 08, 2016

Malaysia’s shipbuilding and ship repair services firm, TAS Offshore, has received yet another termination of a shipbuilding contract from the same client, this time for an offshore construction vessel (OCV).  TAS Offshore’s wholly-owned subsidiary…

Clough Wins Woodside Contract

Apr 08, 2016

Perth-based Clough has been awarded an engineering services contract by LNG operator Woodside Energy.  The contract covers the full spectrum of engineering services including concept and feasibility studies, front-end engineering and design (FEED)…

Cape Henry Associates Awarded US Navy Training Contract

Apr 07, 2016

The U.S. Navy has awarded Cape Henry Associates, along with five other companies, a curriculum analysis and planning services task order contract worth a projected $154 million over a six-year total ordering period. The contract will support…

Qatargas in 4-Year Deal to Supply LNG to Kuwait

Apr 07, 2016

Qatargas and Kuwait Petroleum Corporation (KPC) have signed a deal to supply half a million tonnes of liquefied natural gas (LNG) to Kuwait over the next four years, according to a report.  The LNG will be sourced from Qatargas 2, a joint venture among Qatar Petroleum…

BIMCO, GIIGNL issue Voyage Charter for LNG Trade

Apr 06, 2016

BIMCO and the International Group of Liquefied Natural Gas Importers (GIIGNL) have today jointly issued the first definitive voyage charter party – LNGVOY - designed for the expanding LNG spot market. During the development process, BIMCO and…

MacGregor Signs Loose Lashing Orders for Twelve Container Vessels

Apr 06, 2016

MacGregor, part of Cargotec, will supply loose lashings equipment for twelve 19,200 TEU container vessels under construction in South Korea for a European owner. The equipment is planned for delivery during 2016. The order was booked into first quarter 2016 order intake…

Hin Lee Shipyard Selects FORAN System

Apr 05, 2016

The SENER engineering and technology Group has signed a contract with the company Hin Lee Shipyard Co., Ltd. in Zhuhai, China, for the implementation of the shipbuilding CAD/CAM System FORAN, developed by SENER. After the evaluation of different ship design CAD/CAM systems…

Wärtsilä Ship Design for Offshore Maintenance Vessel

Apr 05, 2016

Wärtsilä has been awarded the contract to provide the design for a new jack-up lift vessel. The contract was signed in March with a well known Chinese yard and there is an option for three more vessels. The Wärtsilä design is developed in collaboration with Altis…

Taqa Extends Wood Group Contract

Apr 04, 2016

Wood Group has secured a two-year contract extension with TAQA in the North Sea. Wood Group PSN, will continue to provide engineering, construction and maintenance services to five offshore assets - Cormorant Alpha, North Cormorant, Eider…

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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