Recent decision by three large charterers only to use relatively energy efficient vessels attacked by bulk carrier owner's group Intercargo.Cargill, Huntsman Corporation and UNIPEC UK, who together charter over 350 million tonnes of commodities annually…
Steerprop Ltd to deliver main propulsion system for a Société des traversiers du Québec (STQ) passenger ferry to be built by Fincantieri.Steerprop Ltd. has been contracted to deliver two SP 120 ECO CRP propulsors, each with a power rating of 7 000 kW…
Ship operators Bernhard Schulte & US banking institution JP Morgan have come together to order a series of medium-size boxships in China.Zhejiang Yangfan Group will construct up to eight 2,300 teu boxships for the pair in a four plus four option deal with deliveries scheduled in 2014 and 2015…
Technip in a consortium with Offshore Oil Engineering Co. Ltd (COOEC) wins a substantial subsea contract in China.The contract, value €200 million (Technip share: around €110 million) was awarded by China National Offshore Oil Corporation…
Mitsubishi Heavy Industries, Ltd. (MHI) jointly with Imbari Shipbuilding receive orders for two Pure Car & Truck Carriers (PCTC's). In building the two vessels, MHI will provide Imabari with design information on PCTC construction, incorporating advanced ship technologies…
Before the EU adopted sanctions on Iran in July this year, Suezmax super tankers were in dire straits. Previously there were too many tankships in operation and not enough demand for transport through the Suez Canal on to Mediterranean ports feeding European markets…
Statement by FMCS Director on United States Maritime Alliance & International Longshoremen's Association Labor Negotiations.Federal Mediation and Conciliation Service (FMCS) director George H. Cohen, issued the following report on the progress…
Charter rates for capesizes have risen 50 percent from lows in mid-September.Rates have risen because of increasing demand as well as customers having to pay more to persuade shipowners to take their vessels out of lay-up, reports Bloomberg…
Norwegian Car Carriers ASA announce a new time charter contract for their 'NOCC Caspian'.The company's 100% owned car carrier NOCC Caspian's charter is for a duration of about 12 months with commencement in early December 2012.The concluded…
The largest port in Europe & the largest port in Scandinavia, sign an alliance to push availability of LNG as maritime fuel.The Port of Rotterdam and the Port of Gothenburg both located within the SECA area in northern Europe where stricter…
Buckeye Partners, sign a multi-year agreement with an Irving Oil subsidiary for multi-million barrel storage facility in Port of Albany on the Hudson River.The approximately 1.8-million barrel storage facility located within the Port of…
Norway's Fjellstrand AS contracted by Siem Offshore Rederi AS to construct an Ulstein SX 163 design offshore wind or oil installationl service support vessel.Main particulars of the Ulstein SX 163 are a length of 74 meters, a beam of 17 meters…
Siem Offshore declares contract options for STX OSV Holdings to design & construct two Offshore Subsea Construction Vessels (OSCV).The vessels will be equipped with a 250t AHC crane and with Launch and Recovery Systems (“LARS”) for Remotely Operated Underwater Vehicles (“ROV”)…
Nam Cheong, Malaysia's largest OSV builder, secures sales contracts worth US$2.1-million with West African buyers.The two PSVs are being built as part of the Group’s built-to-stock series in two of Nam Cheong’s subcontracted yards in China…
Fluor Offshore Solutions gains engineering, procurement and construction (EPC) support contract for Malampaya deep-water gas-to-power project.The project is being undertaken on behalf of the Philippine Government by the Service Contract 38 consortium composed of Shell Philippines Exploration B…
