Contracts News


AD Ports Inks Partnership Deal with Turkiye Varlik Fonu

Nov 25, 2021

In the presence of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the UAE Armed Forces, and Chairman of the Abu Dhabi Executive Council, and President Recep Tayyip Erdogan, AD Ports Group…

Gulf Energy Seals $927 Million Port Deal with Thai Government

Nov 25, 2021

Thai power producer Gulf Energy Development Pcl on Thursday said its consortium had signed a deal worth 30.9 billion baht ($927 million) with the country's port authority for construction and operation of container terminals.The firm, among the country's largest private power producers…

Maersk Inks MoU On Global Integration Of Zinus' Logistics

Nov 19, 2021

Global eCommerce furniture company Zinus signed a Memorandum of Understanding with container shipping company Maersk to become its preferred global integrator of logistics.Under the MOU, the two parties expressed their intent for Maersk to provide a stable supply of shipping containers in 2022…

Galveston LNG Bunkering Infrastructure FEED Contract Awarded

Nov 17, 2021

Pilot LNG, developer of the Galveston LNG Bunker Port (GLBP) project, announced that it has awarded the front-end engineering and design (FEED) contract for the project’s marine infrastructure engineering to W. F. Baird & Associates.Baird will…

Great Lakes Wins $95 Million Contract for Port of Houston Dredging

Oct 13, 2021

The Port Commission of the Port of Houston Authority met Tuesday in a special meeting to consider the first dredge contract for Project 11, the Houston Ship Channel billion-dollar expansion and deepening program.Great Lakes Dredge & Dock Company…

Army Corps Awards Contract for Corpus Christi Channel Improvement

Sep 27, 2021

The U.S. Army Corps of Engineers (USACE) on Friday awarded a $139 million construction contract to Great Lakes Dredge & Dock Company, LLC. (GLDD), to complete the third phase of the landmark Port of Corpus Christi Ship Channel Improvement Project (CIP)…

V-Bunkers Orders Pair of Electric-Hybrid Bunker Tankers

Sep 17, 2021

Vitol’s Singaporean bunker operations company, V-Bunkers, placed an order to build two electric-hybrid bunker tankers, with the intention to deploy them for harbor ops in Singapore.The bunker tankers are being built at an undisclosed shipyard…

2021: The Year of the Containership

Aug 26, 2021

What’s not to like about 2021 for container shipping? Freight rates are record high, record amounts of cargo are shipped across the Pacific Ocean, as well as globally, and the previous yearly record for new container ship orders has just been broken (measured in capacity) in less than eight months…

Shipbuilding: International WTIV Market Represents a $14B Opportunity

Aug 09, 2021

As of end-June 2021, more than 100 turbine and foundation installation and maintenance vessels will be required for offshore wind projects planned over this decade.More than 100 turbine and foundation installation and maintenance vessels will…

Haifa Port Sale Expected to Fetch $600m or More, Bidders Line Up

Aug 09, 2021

Four investment groups are looking to acquire the Israeli port of Haifa estimated to be valued as high as $600 million with formal bids expected towards October, sources with knowledge of the matter said.Israel is selling its state-owned ports…

Seaspan Forward Fixes Five-year Contracts for 10 Containerships

Aug 06, 2021

Seaspan Corporation announced it has forward fixed contracts for 10 containerships with a 'major liner customer', bringing the company's total 2021 forward fixtures to 58 vessels, or approximately 50% of its time chartered fleet.The vessels…

Container Shipping: China-US Box Rates Eclipse $20,000 Mark, a Record

Aug 05, 2021

Container shipping rates from China to the United States have scaled fresh highs above $20,000 per 40-foot box as rising retailer orders ahead of the peak U.S. shopping season add strain to global supply chains.The acceleration in Delta-variant…

Chinese Firms Seek LNG Cargoes, Demand is Strong

Aug 04, 2021

Two Chinese firms are seeking liquefied natural gas (LNG) cargoes for delivery over August to November as summer demand in the southern region remains strong and as companies prepare to meet winter demand, industry sources said.China's Shenzhen…

Port of Galveston Signs LNG Bunkering Deal with Stabilis

Aug 03, 2021

Galveston Wharves at Port of Galveston and Stabilis Solutions Inc. have entered into a memorandum of understanding (MOU) to facilitate the use of liquefied natural gas (LNG) as a marine fuel at the port.Under the terms of the MOU, the port and…

RFP: Electrical Integrators Sought for Skagit Count All-Electric Ferry

Jul 29, 2021

Skagit County Public Works and Seattle-based vessel designer Glosten are seeking proposals from electrical integrators to provide the vessel and shore electrical systems and the automated charging plug for the all-electric ferry design to replace the M/V Guemes…

Logistics News

Stena Prosperous Bunkers Methanol in Singapore

Stena Prosperous Bunkers Methanol in Singapore

Green Marine Lays Foundation for its New Global Structure

Green Marine Lays Foundation for its New Global Structure

Dredging of Suape’s Outer Channel Completed

Dredging of Suape’s Outer Channel Completed

Senate Environment & Public Works Committee Passes WRDA 2024

Senate Environment & Public Works Committee Passes WRDA 2024

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