Contracts News

 

New Appointments at Becker Marine Systems USA

Nov 29, 2015

Becker Marine Systems USA continues growth in North America.Becker Marine Systems, the leader in rudder technology and the inventor of the Becker Mewis Duct Energy-Saving Device has added Brian Rhoades and Adam Wood to their USA staff…

DP World, SCA Pact for Ain Sokhna Port Development

Nov 28, 2015

Suez Canal Authority (SCA) and the Red Sea Ports Authority signed an agreement with Dubai Ports World (DP World) and Sonker Bunkering Company for the development of Egypt’s Ain Sokhna seaport, reports Egypt Independent. The signing of the…

BIMCO Signs New LNG And Shipbuilding Supervision Contracts

Nov 28, 2015

The twice yearly meeting of BIMCO’s Documentary Committee took place in Hamburg on 19 November. In his first meeting as Chairperson of the Committee, Belgium’s Francis Sarre presided over the adoption of several new contracts and clauses and…

Extended Warranty from Yanmar for Sailboat Engines

Nov 28, 2015

Yanmar Marine International B.V. has introduced an extended 3 years’ period of YANMAR Limited Warranty for Sailboat Engine Models. This extended warranty of 3 years is offered to owners of specific YANMAR marine engine models which will be used for private and personal pleasure use only…

Corvus Energy to Unveil Product, Service Offerings at IWS

Nov 28, 2015

Corvus Energy, the industry leader in advanced lithium ion energy storage systems (ESS) for maritime hybrid and fully electric propulsion systems is announcing new product and service offerings: 1) Turn-key Containerized ESS and 2) an Array of Services…

Fugro's Havila Harmony to join MH370 Search

Nov 28, 2015

Fugro is providing an additional vessel, the Havila Harmony, to join the search for the missing flight MH370 in the southern Indian Ocean. From the 93-metre multi-role vessel, Fugro will deploy the Echo Surveyor VII autonomous underwater vehicle (AUV)…

SSA Welcomes Decision To Extend BEO

Nov 27, 2015

The Singapore Shipping Association (SSA) has welcomed the decision by Singapore’s Minister for Trade and Industry to extend the Competition (Block Exemption for Liner Shipping Agreements) Order (BEO) for another five years until 31 December 2020…

Controversial Nicaragua Canal Project Postponed

Nov 27, 2015

China's Hong Kong Nicaragua Development (HKND) Co. said it is delaying the start of construction on a controversial $50 billion inter-ocean canal across Nicaragua until late 2016. HKND has obtained approval for environmental studies of the canal earlier this month…

Dan-Bunkering Appoints Bara as Bunker Trader

Nov 27, 2015

Dan-Bunkering (Middle East) DMCC is pleased to announce that Lamin Bara has joined the office in Dubai as Bunker Trader as per 1 November 2015.Lamin was born and raised in a multilingual family in Denmark and has been working in the transportation/logistics industry for the past many years.

SSAB, Aspo ESL Shipping Pact On Sea Transport

Nov 27, 2015

The global steel company SSAB and Aspo Group’s ESL Shipping Ltd have signed a long-term frame agreement covering sea freight for SSAB’s inbound raw material sea transport within the Baltic Sea and from the North Sea. The purpose of the agreement is to secure deliveries of raw materials…

Joint Effort to Raise reliability, Cut cost in DNV GL JIP

Nov 27, 2015

Lack of properly assessed and defined wear limits for jacking systems can lead to significant downtimes with financial implications for jackup operations. DNV GL, supported by leading global industry players in the jackup industry, has established a joint industry project (JIP)…

Wärtsilä's' Digital Services for Performance Enhancement

Nov 26, 2015

Wärtsilä, a global leader in complete lifecycle solutions for the marine and energy markets, launches a new service portfolio, Wärtsilä Genius services to help Wärtsilä's customers seize the opportunities from digitalisation.The three…

Suez Canal Pacts with SCCT-Maersk

Nov 26, 2015

Chairman of the Suez Canal Authority (SCA), Vice Admiral Mohab Mamish, signed a settlement agreement with the Suez Canal Container Terminal (SCCT-Maersk), says Daily News Egypt.  Egypt is also planing to complete a side channel in East Port Said…

Maritime Cook Islands Expands Network to India

Nov 25, 2015

Maritime Cook Islands (“MCI”), the leading ship registry, has recently established its presence in India with the appointment of two deputy registrars (“DR”), Mr Faust Pinto Jr and Ms Fereshte D Sethna, to serve the growing yacht owning community in the Indian markets…

UASC Sees Big Drop on Asian-Europe Route

Nov 25, 2015

Kuwait-headquartered United Arab Shipping Company (UASC) said that marked drop in Asian imports to Europe, made worse by a strong dollar, has heaped pain on container lines already struggling with massive over capacity, reports Reuters. Jorn Hinge…

Logistics News

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

US Goods Trade Deficit Increased in May, Exports Declined

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