Contracts News

 

Hamburg Süd Chooses EUROGATE

Nov 15, 2014

Hamburg Süd shipping line has awarded the contract for handling its new EMCS – Europe-Mexico/Caribbean Service to EUROGATE Container Terminal Hamburg. The first ship will berth at the terminal on 13 November 2014. The regular service links…

Modules for Petrobras' FPSO delivered

Nov 15, 2014

The 'Consórcio Tomé Ferrostaal' (CTF) named consortium of Rheinmetall International Engineering, a joint venture of Ferrostaal and Rheinmetall, and the Brazilian company Tomé Engenharia have handed over two modules for the first of a series…

More UK Orders for Kalmar Gloria Reachstackers

Nov 14, 2014

Kalmar, part of Cargotec, has received an order for three Kalmar Gloria reachstackers and one Kalmar empty container handler to PD Ports' Teesport facility in the United Kingdom. The order was signed in July 2014 with delivery in December 2014…

CaroTrans Assures Seamless Transport on US West Coast

Nov 14, 2014

CaroTrans, a leading global NVOCC (non-vessel operating common carrier) and ocean freight consolidator, today announces their U.S. West Coast port readiness program to address potential supply chain disruptions. Congestion and current labor issues are impacting the flow of cargo at U…

Baker Hughes Confirms Talks with Halliburton

Nov 14, 2014

Baker Hughes Incorporated today confirmed that it has engaged in preliminary discussions with Halliburton Company regarding a potential business combination transaction.  The firm said that the discussions may or may not lead to any transaction…

EnQuest Reports Strong Production Growth

Nov 13, 2014

EnQuest reported its production from 1 January to 31 October 2014 averaged 27,567 Boepd, up c.19.2% on the same period last year.  This reflects strong production from EnQuest's existing hubs and from the newly acquired assets in Malaysia and Tunisia…

Petrobras Completes Sale of Peru Assets

Nov 13, 2014

Last Thursday (November 6th), at a formal ceremony in Lima, Petrobras completed the sale of 100% of the shares of its wholly-owned subsidiary Petrobras Energia Peru (PEP) to the China National Petroleum Corporation (CNPC), for the sum of US$2…

Gazprom & Moldovagaz Extend Gas Contracts

Nov 13, 2014

Gazprom and Moldovagaz signed supplements to the existing gas supply and transit contracts in Chisinau today. The documents inked as part of a working meeting between Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Adrian Candu…

SWISSCO Sets Up JV with Union Offshore

Nov 12, 2014

The Board of Directors of Swissco Holdings Limited has entered into a joint venture with Union Offshore Ltd, a company incorporated in the Republic of the Marshall Islands. The joint venture has secured a charter contract with an approximate…

Russian Hydroelectric Rebuilding Begins

Nov 12, 2014

Rosneft Head, Executive Secretary of Russian Presidential Commission on Strategic Development of the Fuel and Energy Sector and Ecological Safety Igor Sechin participated in the ceremony of reconstruction of Sayano Shushenskaya Hydroelectric Station…

US Approval for Wärtsilä's BWM System

Nov 12, 2014

The United States Coast Guard (USCG) has granted Alternate Management System (AMS) acceptance for Wärtsilä's Aquarius EC Ballast Water Management System (BWMS). This allows all US and foreign flag ships fitted with this system to operate…

Russia & China Agree on Gas Supplies

Nov 12, 2014

As part of the APEC summit in Beijing, a number of documents related to the Russian-Chinese cooperation in the energy sector were signed today in the presence of Russian President Vladimir Putin and Chinese President Xi Jinping.Alexey Miller…

Matson To Acquire Horizon's Alaska Operations

Nov 11, 2014

The transaction has the value of $0.72 Per Common Share Plus Repayment of Debt; acquisition Accretive to Matson's Earnings and Cash Flow. Separately Horizon to Sell Hawaii Operations to Pasha and Terminate Puerto Rico Operations.A Matson…

PaR Systems Awarded Thales UK Contract

Nov 11, 2014

PaR Systems, Inc. has been awarded a contract by Thales UK to design, test and supply Lithium-Ion Battery Charging and Storage Systems for installation on the Queen Elizabeth Class Aircraft Carriers. The charging and storage system will incorporate COMFIRE…

Brightoil's Trading Chiefs Depart, ex-Sinochem Trader Joins

Nov 11, 2014

Two senior trading heads have left Brightoil Petroleum Holdings Ltd, and the company has hired a former executive from China's state-run Sinochem, marking a reshuffle at its Asia trading operations, senior trading sources said.Brightoil's…

Logistics News

Iron Ore Imports Spike 7% in China

Iron Ore Imports Spike 7% in China

Crew and Cattle Stranded Off Turkey

Crew and Cattle Stranded Off Turkey

BioNatur Plastics Introduces Cargo Wrap for US Market

BioNatur Plastics Introduces Cargo Wrap for US Market

Connecticut Maritime Association Announces Renaming of Award to Honor Jim Lawrence

Connecticut Maritime Association Announces Renaming of Award to Honor Jim Lawrence

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