Contracts News

 

LNG Carrier Longevity Study Contract for LR

Apr 10, 2013

Hyundai Ocean Service contract Lloyd’s Register Marine Consulting to assess the service lifetime of their vessel 'Hyundai Utopia'.The study concerns the 1994 built, 273m long, 71,909 dwt, LNG Carrier Hyundai Utopia (IMO 9018555).The President of HDOS…

Retail Industry Applauds ILA Labor Agreements

Apr 10, 2013

The National Retail Federation issued the following statement from Vice President for Supply Chain and Customs Policy Jonathan Gold on the International Longshoreman’s Association (ILA) vote approving a new, long-term master labor contract covering…

Green Marine's Latest Sign-up: Squamish Terminals BC

Apr 10, 2013

Squamish Terminals (SQT), a B.C. deep-water, break-bulk terminal, has signed on as a participant to Green Marine.Green Marine encourages its participants, ship owners, ports, terminals and shipyards, to undertake concrete actions that go beyond…

Offshore Brazil Contract for PLSV 'Kommandor 3000'

Apr 10, 2013

Subsea 7 S.A. has been awarded a contract by Petrobras worth in excess of U$350 million for operation of the Pipe Lay Support Vessel (PLSV).The contract is on a day rate basis for five years. Kommandor 3000 will start operations under the…

Greece's Diana Shipping to Buy Capesize Bulk Ship

Apr 09, 2013

Diana Shipping Inc. signs up to buy the 'M/V Tamou', a 2005 built Capesize dry bulk carrier of 177,243 dwt.The purchase price is US$27,020,202, less one percent address commission to the buyers. The vessel, to be renamed 'Baltimore,' is expected to be delivered by the end of May 2013…

Ashtead Technology Increase Subsea Equipment Rental Stock

Apr 09, 2013

Ashtead Technology announce at the U.K.'s Ocean Business 2013 expo that it has purchased Sonardyne 6G acoustic positioning equipment value £1.3 million.This latest acquisition is the second significant order placed by the company for 6G in the last 12 months…

Hong Kong Container Terminal Strike Update

Apr 09, 2013

Dock-worker unions at strike-bound Kwai Chung container port to meet with two contractors under Labour Deptartment's mediation.The breakthrough comes as a strike by workers at the port threatens to enter a third week; however, port operator Hongkong International Terminals…

INTTRA to Offer Cargo Insurance on e-Commerce Network

Apr 09, 2013

Hong Kong headquartered FP Marine Risks provides insurance program to INTTRA network members via INTTRA's e-commerce platform.Leveraging the buying power of the INTTRA network, INTTRA members can elect to purchase cargo insurance at competitive rates during the shipping process through Alto…

Raytheon Anschütz Systems for New Oman OPV's

Apr 09, 2013

Raytheon Anschütz to supply Integrated Bridge & Navigation Systems to four Offshore Patrol Vessels (OPV) for the Royal Navy of Oman. Under the contract, Raytheon Anschütz will equip Oman’s new Al-Ofouq-class OPVs with a complete, new-generation Integrated Bridge and Navigation Systems…

Boskalis Wins Hefty German Dredging Contract

Apr 09, 2013

Royal Boskalis Westminster N.V. (Boskalis) contracted by Wasser- und Schifffahrtsamt Cuxhaven to maintain 110-km of the River Elbe fairway.The contract is for a period of three years and has a value of approximately EUR 75 million and the dredging operations are to commence in May 2013…

Korea's Techcross and Singapore's Keppel Sign BWMS MOU

Apr 09, 2013

Ballast Water Management System (BWMS) supplierTechcross sign a joint marketing & retrofit support MOU with Keppel Shipyard.Techcross say that their MOU with Keppel Shipyard is intended to value-add to the significant retrofitting market.…

ABB Wins Third Ichthys FPSO Major Contract

Apr 09, 2013

ABB appointed main electrical contractor (MEC) for a new floating production, storage and offloading (FPSO) vessel at the Ichthys oil & gas field in the Timor Sea off Western Australia. The order is worth $30 million and was awarded by the engineering…

Two Arabian Gulf Contracts for McDermott

Apr 08, 2013

A McDermott International subsidiary has been awarded two projects valued at approximately US$ 900-million.The first project includes engineering, procurement, construction and installation of a new tie-in platform, with a 3,200-tonne topside and six-pile jacket…

Alfa Laval Win Big Korean BWTS Order

Apr 08, 2013

Alfa Laval to supply its PureBallast systems to a leading shipyard in South Korea.The order has a value of approximately SEK 50 million, and delivery will start in 2013 and be finalized in 2014.The Alfa Laval PureBallast systems will be…

BW Offshore Extend FPSO Nigerian Contracts

Apr 08, 2013

BW Offshore has agreed an extension for their FPSO's 'Abo' and ''.The extension for Abo is with Nigerian Agip Exploration Ltd of nine months. and for Sendje Berge with Addax Petroleum Exploration Ltd of three months.These extensions have…

Logistics News

Drone Attack Sparks Fire at Ust-Luga Port

Drone Attack Sparks Fire at Ust-Luga Port

Ukraine Offers Russia Truce in Black Sea

Ukraine Offers Russia Truce in Black Sea

Revised Jones Act Waiver Takes Effect August 17

Revised Jones Act Waiver Takes Effect August 17

Port of Los Angeles Increases Clean Ship Incentives

Port of Los Angeles Increases Clean Ship Incentives

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The largest grain terminal in Russia, Novorossiysk KSK, has suspended operations
Source: Ukraine offers Russia a truce on the Black Sea in response to growing food shortage fears
German police confirm that investigation of suspected explosive device found on rail tracks is underway