Contracts News

 

EMGS - Vessel update for 4Q2014

Jan 07, 2015

Electromagnetic Geoservices ASA (EMGS) releases information on vessel activity and utilisation 4-5 working days after the close of each quarter. The Company defines 'vessel utilisation' as the percentage of the vessel charter period spent on contracted or multi-client data acquisition…

Keppel Singmarine Win S$65 mi Contracts

Jan 07, 2015

Specialised shipbuilder Keppel Singmarine Pte Ltd (Keppel Singmarine), a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has secured two contracts worth a total of about S$65 million.The first contract was awarded by Seaways International Pte…

Federal Mediator Joins US West Coast Ports Talks

Jan 06, 2015

A federal mediator was expected to arrive in southern California on Tuesday to take part in negotiations over a new contract between employers at 29 U.S. West Coast ports and the union representing some 20,000 dock workers. Negotiators for…

Port of Long Beach CEO Endorses Mediation Move

Jan 06, 2015

Federal mediators announced last night that they will assist in West Coast port contract talks, following a joint request from the International Longshore and Warehouse Union and the private terminal operators, the Pacific Maritime Association…

TOTE Inks LNG Supply Deal

Jan 06, 2015

Partnership represents the start of LNG adoption as a marine fuel in the United States. Pivotal LNG, Inc., a wholly owned subsidiary of AGL Resources Inc., and WesPac Midstream LLC have signed a long-term agreement with TOTE, Inc. to provide…

Federal Mediators Weigh in on Longshore Dispute

Jan 06, 2015

FMCS Statement on Labor Negotiations Between the International Longshore and Warehouse Union (ILWU) And the Pacific Maritime Association (PMA):Allison Beck, Acting Director of the U.S. Federal Mediation and Conciliation Service, issued the…

Moore Stephens: Shipping Must Adopt Can-do Attitude

Jan 05, 2015

International accountant and shipping adviser Moore Stephens says shipping needs to adopt a can-do attitude in order to successfully meet the challenges which are likely to come its way in 2015. Moore Stephens shipping partner Richard Greiner says…

Kalmar Delivers first Gloria Reachstackers into Asia

Jan 05, 2015

Kalmar, part of Cargotec, is delivering four of its latest generation Gloria reachstackers to  International Container Terminal Services Inc Group (ICTSI). The 45 tonne capacity units are the first operational in the Asia-Pacific territory…

WTO is 20

Jan 02, 2015

20 years ago, on 1 January 1995, the WTO opened its doors for business. Since then this organization, and the system of transparent, multilaterally-agreed rules that it embodies, has made a major contribution to the strength and stability of the global economy…

Wage Negotiations Conclude at Hyundai Heavy

Dec 31, 2014

Hyundai Heavy Industries (HHI) announced today that its management and labor union concluded the negotiation on the wage and collective bargaining agreement for the year 2014.  According to the tentative agreement, HHI employees would receive a basic pay of 37…

Rosneft, Petrocas in Logistics & Retail JV

Dec 31, 2014

Rosneft has entered into definitive documentation to acquire 49% stake in Petrocas Energy International Limited (“Petrocas”), creating the joint venture (“JV”) for its activities in the South Caucasus region.The deal represents an important…

Magnolia LNG Project Progress with FERC

Dec 31, 2014

Liquefied Natural Gas Limited w ishes to provide an update on the status of Information Requests from the United States Federal Energy Regulatory Commission (FERC) in relation to the Company’s wholly owned subsidiary, Magnolia LNG LLC (MLNG)…

Doyle Gives Thumbs Up to Ocean Three

Dec 31, 2014

Commissioner William P. Doyle’s in a statement today said, 'I am voting to take no further action on the Hanjin/UASC/CMA CGM/CSL Vessel Sharing and Slot Charter Agreement. This agreement is scheduled to become effective on January 2, 2015…

Concordia Maritime Extends Charters for Tanker Duo

Dec 31, 2014

Concordia Maritime has just renewed its contract with a major oil and gas company for a consecutive voyage charter arrangement for the P-MAX tankers Stena Provence and Stena Polaris. The agreement will run until the summer of 2015.“This…

St. Petersburg Becoming Int'l Gas Sales Hub

Dec 30, 2014

Alexey Miller, Chairman of the Gazprom Management Committee, inaugurated today a new office building of Gazprom Export in St. Petersburg.Taking part in the ceremony were Mikhail Mokretsov, Vice-Governor of the city of St. Petersburg, Alexander Medvedev…

Logistics News

New Concrete Wharf Built at Port of Los Angeles

New Concrete Wharf Built at Port of Los Angeles

Iran, Israel Trade Blame As Commercial Shipping Is Threatened By Conflict

Iran, Israel Trade Blame As Commercial Shipping Is Threatened By Conflict

Commercial Ships Advised to Keep Distance From Iran Around Strait of Hormuz

Commercial Ships Advised to Keep Distance From Iran Around Strait of Hormuz

X-Press Feeders Group, COSCO SHIPPING Lines Partner to Enhance Feeder Connectivity

X-Press Feeders Group, COSCO SHIPPING Lines Partner to Enhance Feeder Connectivity

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Macquarie, a Macquarie company in Australia, has acquired stakes at UK airports
Southeast Asia's low-cost airlines are betting on the travel demand despite their competition woes
A report warns that poor grid planning could cause data centres to be located in different parts of Europe.