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…
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…
Otto Marine Limited sold an Anchor Handling Tug Supply Vessel to a renowned unrelated third party for US$100 million.DNV classed and Norwegian-designed, the VS491 21,000 bhp AHTS is a hybrid propulsion diesel electric driven vessel with dynamic positioning 2 (DP2) technology…
Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) and Reliance entered into a strategic association for transportation of Liquefied Ethane from United States to India. This will make MOL to be the first shipping company who is dedicated…
From 1 January 2015, Wilhelmsen Ships Service (WSS) will increase prices on all products and services by the OECD* global average inflation rate of 1.9%.“In order to consistently deliver quality products and dependable services throughout…
Woodside, as operator of the North West Shelf (NWS) Project, informed that the NWS Project participants today signed a non-binding Letter of Intent with Hess Exploration Australia Pty Ltd to process resources from Hess’ permits in the Carnarvon Basin…
The U.S. Federal Mediation and Conciliation Service (FMCS) has received a request from representatives of the Pacific Maritime Association (PMA) to provide mediation services in the PMA’s continuing labor negotiations with the International…
FMCS Statement on Labor Negotiations Between the International Longshore and Warehouse Union (ILWU) And the Pacific Maritime Association (PMA):The U.S. Federal Mediation and Conciliation Service (FMCS) announced today that it has received…
In continuation of her role in offering services to the world trade and encouraging mutual trade between Americas and the Caribbean, on one hand and the Indian subcontinent and Asian countries east of India, on the other hand and in the frame of her marketing policy…
Qatar’s New Port Project (NPP) has signed an agreement with Nakilat Damen Shipyards Qatar (NDSQ) to construct 11 workboats for use at the port.HE Dr. Mohammed bin Saleh Al Sada, Minister of Energy and Industry, and HE Mr. Jassim Bin Saif Ahmed Al Sulaiti…
Elliott Bay Design Group (EBDG), a leading naval architecture and marine engineering firm with offices in Seattle, New Orleans and Ketchikan, Alaska, today announced that the new freight and passenger ferry it designed for the Woods Hole…
On December 9, 2014, Nordic American Tankers Ltd. announced that preliminary contracts had been entered into with a South Korean shipyard, for the construction of two suezmax tankers to be delivered in the third quarter 2016 and first quarter 2017…
Ballast Water Treatment (BWT) specialist Optimarin and Goltens, a provider of engineering and installation solutions for the shipping industry, have signed a nonexclusive worldwide agreement for retrofitting Optimarin’s Ballast System (OBS)…
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) has issued a monthly Fleet Update Summary which includes new contracts, changes to existing contracts, and changes in estimated planned out-of-service time of 15 or more days since November 18, 2014. The total value of new contracts since the November 18…
Wärtsilä has been given full notice to proceed (NTP) from Manga LNG Oy for the supply of a liquefied natural gas (LNG) import terminal in Tornio, Northern Finland. Wärtsilä will commence construction on the site near the port of Tornio in January 2015…
