Contracts News

 

MAN & Statoil Sign Turbo-machinery Agreements

Apr 22, 2013

MAN Diesel & Turbo, Switzerland, signs to provide Norway's Statoil with new subsea compressor equipment & maintenance services.The Zurich-based MAN Diesel & Turbo Schweiz AG and Statoil have followed a joint subsea compressor qualification programme since 2005…

Catherwood Buys Tugboat, Side-swaps Engines

Apr 22, 2013

Catherwood Towing's owner, Ernie Catherwood, adds another tugboat to his 14-boat fleet that operates in and around Canada's Fraser River.The 39-year old boat was at a shipyard undergoing a scheduled Canadian Steamship Inspection. Ernie had…

Petrobas Contracts For 23 New OSV's

Apr 21, 2013

Petrobras has signed contracts with Brazilian shipbuilders as part of its 3rd 'Fleet Renewal Plan for Offshore Support Vessels (OSV's).The units, type PSV 4500 and OSRV 750, fulfill 60% local content requirements and will be built in Brazil…

Alfa Laval Aalborg WHR Systems Ordered for UAS Fleet

Apr 21, 2013

Alfa Laval Aalborg to supply XS-TC7A auxiliary engine waste heat recovery (WHR) economizers to all 48 ships in the United Arab Shipping (UAS) Company fleet.With its small footprint and the lowest possible weight to output ratio, the Aalborg…

Governor Welcomes Horizon Lines to Philadelphia

Apr 19, 2013

Horizon Lines relocated its Northeast port of call from Elizabeth, New Jersey to Philadelphia, to mark another milestone for the Port of Philadelphia.  Led by Governor Tom Corbett and political and business leaders from across the region, the Packer Avenue Marine Terminal welcomed Horizon Lines…

Drought Stricken Mississippi Now Flooding

Apr 19, 2013

Seven Mississippi River locks between Muscatine, Iowa, and Saverton, Missouri, expected to close as water-level rises.The closures of Locks 16 through 22 will effectively shut the river to commercial navigation from central Iowa to northern Missouri…

LNG Sloshing Prevention Technology

Apr 19, 2013

Amarcon and GTT to develop technology that enhances the quality of sloshing measurement & prediction for LNG carriers.Amarcon, a member of the ABB group, has signed a cooperation agreement with GTT (Gaztransport & Technigaz) to market and…

POLB Construction Projects Give Work to 5,000

Apr 18, 2013

Port of Long Beach (POLB) modernization projects created 5,166 new construction-related jobs in the region in 2012.The number of new jobs is mainly linked to the award of contracts for the design and building of the Gerald Desmond Bridge replacement and an ongoing terminal makeover…

Somalia Goes Legal and Goods Pile Up

Apr 18, 2013

Somalia begins to build its national tax revenue from imported goods with new freight building up at the Port of Mogadishu.For the first time since the country slid into anarchy, container arrivals hit more than 1,200 in March 2013, reports Xinhua…

Massive ROV Fleet Expansion by Harkand

Apr 18, 2013

The Harkand Group signs a deal with Forum Subsea Technologies that will see it extend its ROV fleet by 25% & create 30 new full time jobs.Harkand, formed through the recent merger of Iremis, Integrated Subsea Services (ISS) and Andrews Survey following investment by Oaktree Capital Management…

HK Container Terminal Strikers Camp on Owner's Doorstep

Apr 17, 2013

Striking dockers step up their action outside owner Li Ka-shing's office building to urge Asia's richest man to intervene.According to the South China Morning Post research has shown that the industrial action could have cost the port operator…

China-U.S. Ocean Thermal Energy Plant Development

Apr 17, 2013

Lockheed Martin and Reignwood Group to develop South China Sea ocean thermal energy conversion (OTEC) power plant.A memorandum of agreement between the two companies was signed recently in Beijing. Following the ceremony, both companies met…

Three Persons 3,300-ft Submersible Sold

Apr 17, 2013

Brownie's Marine Group, developer, manufacturer & distributor of dive and water safety products, sells  a Triton 3300/3 submersible.The denomination 3300/3 refers to the depth rating of 3,300 feet for up to three people. Triton builds competitively…

China Shipyard Contracts For Wärtsilä DP3 Rig Package

Apr 17, 2013

Wärtsilä to provide integrated power, propulsion and positioning system for DP3 offshore accommodation rig for Singapore's Axis Offshore.The contract with Cosco (Qidong) Offshore is for the vessel to be equipped with a DP3 dynamic positioning system…

Vroon Offshore Win Long-term BP ERRV Contract

Apr 17, 2013

Vroon Offshore Services contracted by BP for emergency response and rescue vessel (ERRV) services on the UK continental shelf. Netherlands' Vroon say that these services will be undertaken by A- and B-Class field-support vessels and a platform-supply vessel…

Logistics News

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

War Insurance Costs to Israel Soar

War Insurance Costs to Israel Soar

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Iberia, the Spanish airline, plans to expand its long-haul fleet from 70 to 80 aircraft
Russia increased its railway gasoline exports in the period from January to May by a quarter
Serbia wants to renew gas agreement with Russia at the 'best possible price'