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Contracts News

 

Compliant & Efficient Solutions for Telford Offshore

May 01, 2019

In July 2015, Worldwide Recruitment Solutions (WRS) was awarded the contract as a provider of managed services for Telford Offshore (previously Sea Trucks Group). As a rostered managed services provider tasked with providing all contract manpower…

Ports Part of Solution, Not the Problem - BPA Chair

May 01, 2019

Martin Lawlor, Chief Executive at the Port of Blyth and Chair of the British Ports Association: 'Ports part of the solution, not the problem on a range of challenges facing the UK.'A record turnout of over 300 guests gathered in London today for the British Ports Association’s annual lunch and AGM…

Cancelled Ferry Contracts Renew Push for Grayling's Resignation

May 01, 2019

Britain's transport minister was under fresh pressure to resign after the government stacked up a 50 million pound ($65 million) loss for cancelling contracts to charter extra ferries to bring in essential supplies in the event of a no-deal Brexit…

China-U.S. Trade Talks Start Again in Beijing

May 01, 2019

The latest round of China-U.S. trade talks began in Beijing on Wednesday, as both countries look to end their bitter trade war.Chinese Vice Premier Liu He greeted U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer as they arrived at a state guest house in Beijing…

Overcoming Local Crew Challenges

Apr 30, 2019

Dubai headquartered offshore support vessel (OSV) company Topaz Energy & Marine provides marine solutions to the global energy industry with primary focus on the Caspian, Middle East, West Africa and Subsea operations in the North Sea and Gulf of MexicoIn 2017…

Zeaborn Acquires CPO Tankers

Apr 30, 2019

Zeaborn Group has signed an agreement to acquire 100 percent of the shares in Claus-Peter Offen Tankschiffreederei KG, the tanker management subsidiary of Offen Group.The transaction partners signed the relevant contracts on April 29. The completion…

Maersk's Digital Ocean Customs Clearance

Apr 29, 2019

International trade is subjected to diverse and wide controls and customs regulations that need to be met to ensure that traded goods are entering and exiting legally.If a delay occurs, the entire plan gets affected. A delay causes increased expenses such as storage costs…

US Officials in China Trade Talks Next Week

Apr 24, 2019

U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will travel to Beijing for trade talks beginning on April 30, the White House said in a statement on Tuesday.It said Chinese Vice Premier Liu He, who will lead the Beijing talks for China…

VT Halter Wins Historic $746m CG Contract

Apr 23, 2019

VT Halter Marine of Pascagoula, MS has emerged the victor in one of the most prized and coveted shipbuilding contracts in recent memory, a $746m deal to build the Coast Guard's lead Polar Security Cutter. If two additional ship options are exercised…

Trump Adviser 'Cautiously Optimistic' on China Trade Deal

Apr 23, 2019

A top White House economic adviser said on Tuesday the United States and China were making progress in trade negotiations and he was 'cautiously optimistic' about the prospects for striking a deal.Speaking at a luncheon at the National Press Club…

Sudan Suspends Philippine Port Operator

Apr 23, 2019

Sudan's military rulers on Tuesday suspended a contract with Philippine port operator International Container Terminal Services Inc pending its cancellation, the country's Transitional Military Council said in a statement.Workers at Port Sudan's…

QP Ships Naphtha to Thailand

Apr 22, 2019

Qatar Petroleum (QP), a state owned petroleum company of Qatar, said that it had concluded a 10-year sales agreement to supply Thailand's SCG Chemicals with a total of 3 million metric tons of light naphtha starting from this month.The agreement…

Svitzer Seals USVI Tugboat Deal

Apr 19, 2019

Svitzer Caribbean Dominicana has secured a 5-year contract with Limetree Bay Terminals due to commence on June 15th, 2019.The company expands its market coverage providing tugboat services to some of the key oil refineries and terminals in the region – South Riding Point Terminal in Bahamas…

Svitzer: 5 year Contract with Oil Refinery

Apr 18, 2019

Svitzer Caribbean Dominicana won a 5-year contract with Limetree Bay Refining, LLC, commencing June 15, 2019.The company expands its market coverage providing tugboat services to some of the key oil refineries and terminals in the region – South Riding Point Terminal in Bahamas…

Navios Maritime Discloses Sale, Leaseback Deals

Apr 17, 2019

Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced that it has completed a $103.2 million sale and leaseback transaction for three MR2 product tankers and two LR1 product tankers. The proceeds have been used to refinance $82…

Logistics News

Port of Oakland: Exports Continue to Outperform Imports

Port of Oakland: Exports Continue to Outperform Imports

Aker Solutions Wins FEED Contract for Lithuania CO₂ Terminal

Aker Solutions Wins FEED Contract for Lithuania CO₂ Terminal

Argentina Grain Exports Rise From Strong Harvest

Argentina Grain Exports Rise From Strong Harvest

Tanker Bound for Cuba with Fuel Cargo Diverts to Trinidad

Tanker Bound for Cuba with Fuel Cargo Diverts to Trinidad

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