Contracts News

 

AEG to Power Seabourn’s Cruise Vessel

Aug 05, 2015

AEG Power Solutions, a global provider of power electronic systems and solutions for industrial power supplies and renewable energy applications, informed that Fincantieri S.p.A. has selected its power systems solutions to secure all critical loads applications on board Seabourn Encore…

CMA CGM Takes Second Guyanamax Boxship

Aug 05, 2015

The CMA CGM Group Informed that the CMA CGM MARSEILLE – 2nd vessel of its GUYANAMAX 3 - vessels series – was delivered in South Korea on July 29th.This 2,100 TEU containers capacity vessel – including 530 Reefer containers – is 190 meters long and 30 meters wide…

Australia's Massive Shipbuilding Plan Announced

Aug 05, 2015

The Australian Government has thrown domestic shipbuilders an A$89 billion (US$ 66 billion) lifeline. It plans to deliver a long-term plan for a strong and sustainable naval shipbuilding industry. Over the next 20 years the Government will…

Stoody Debuts Technical Services Hotline

Aug 05, 2015

Stoody, an ESAB brand, has recently launched the new Stoody Tech Services (STS) hotline to provide a valuable resource to distributors and applicators seeking answers about product selection and the application of hardfacing and high alloy joining consumables…

Totem Inks LNG Conversion Deal with Keppel

Aug 05, 2015

Totem Ocean Trailer Express announced that it has signed a contract with Keppel Offshore & Marine Ltd, wholly owned subsidiary Keppel Shipyard Ltd for the conversion of  the  Midnight Sun to dual fuel liquefied natural gas (LNG) propulsion…

ISS Announces CEO Transition

Aug 04, 2015

Captain Claus Hyldager yesterday decided to step down as the Chief Executive Officer of Inchcape Shipping Services (“ISS”).   The current Chief Financial Officer, Chris Whiteside, has been appointed as acting Chief Executive Officer. Captain…

FMC Collects $1,227,500 in Penalties from NVOCC's

Aug 04, 2015

Federal Maritime Commission Chairman Mario Cordero announced that the Commission has completed compromise agreements recovering a total of $1,227,500 in civil penalties. The agreements were reached with seven non-vessel-operating common…

Koole Expands Rotterdam Operations

Aug 04, 2015

Koole Terminals has begun operations at the storage facility for petrol and diesel in Pernis that it recently acquired from BP. The companies have a long-standing relationship. The newly acquired terminal is adjacent to the existing Koole terminal…

Egypt Gets FSRU from BW Gas

Aug 04, 2015

Norway-based BW Gas will provide Egypt with a liquefied natural gas (LNG) floating import terminal under a five-year contract. This comes as as the North African country's government grapples with energy shortages.  'BW has been selected…

DP World Sings Melbourne Port Lease Deal

Aug 04, 2015

DP World and the Port of Melbourne Corporation have reached an agreement on a new 50-year lease, ending months of negotiation over rental increases at Australia’s biggest port. The Port of Melbourne will forego tens of millions of dollars…

Harper Government Invests in Naufrage Harbor

Aug 03, 2015

The Honorable Gail Shea, Minister of Fisheries and Oceans, announced today an investment to improve safety and working conditions for fishermen at Naufrage Harbor, Prince Edward Island.  This funding will be used to replace a section of an existing deteriorated wharf with a new structure…

Ondimar Firms Order Suezmax Quartet at Navantia

Aug 03, 2015

Navantia and Maritime Transport Ondimar LDA (shipping company Ibaizabal Group) today ratified the contracts signed in late June and the financial structure for the construction of 4 Suezmax tankers, expandable to two. 4 boats will involve…

Contship Italia Signs Iran MoU

Aug 03, 2015

Contship Italia Spa, also on behalf of Eurogate GmbH & Co. KGaA, KG, recently signed a strategic Memorandum of Understanding (M.O.U.) with Sina Port & Marine Company (SPMCO), part of SINA Group which is one of the largest Iranian companies…

Strategic Marine’s Stock Program Full Power Ahead

Aug 03, 2015

Strategic Marine, the specialist shipbuilder and fabricator, has confirmed its stock program of personnel transport vessels is market-ready.“Our stock program currently incorporates two class leading designs which are in high demand through…

Shift to Contract Labor in U.S. Maritime, Offshore Sectors Underway

Aug 03, 2015

Maritime and Offshore recruiter Faststream has reported a shift in attitude towards temporary, project and consulting work following a recent survey to over 1,000 candidates in North America. While employees have been reluctant to look at moving from permanent to contract work in the past…

Logistics News

Panama Warns of Middle East Security and Sanctions Risks

Panama Warns of Middle East Security and Sanctions Risks

Louis Dreyfus Company Selected to Operate Grain Export at Burns Harbor Port

Louis Dreyfus Company Selected to Operate Grain Export at Burns Harbor Port

Missile Strikes Close to Livestock Carrier

Missile Strikes Close to Livestock Carrier

LNG Canada Produces First LNG for Export

LNG Canada Produces First LNG for Export

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