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Contracts News

 

St. Lawrence Seaway Workers Ratify Contract

Oct 19, 2018

The St. Lawrence Seaway Management Corporation (SLSMC) has announced that its unionized employees, members of UNIFOR, ratified a three-year labor agreement covering the period of April 1, 2018 to March 31, 2021.Terence Bowles, President and CEO of the SLSMC…

SpecTec Partners with iMarine Software

Oct 17, 2018

AMOS now offers integration with SeaProc, providing seamless electronic quotation management for an optimized procurement cycle. Seaproc also offers sourcing tools within it platform to achieve cost efficiency.Marine buying organizations can now enjoy significant speed…

Scorpio Charters Out Eight Bulk Carriers

Oct 16, 2018

Dry bulk shipping company Scorpio Bulkers Inc. announced Tuesday that it has entered time charter-out agreements for seven of its Ultramax vessels and four of its Kamsarmax vessels. Daily rates range between $14,500 and $16,500.VesselTypeEarliest…

Poseidon Navigation Services Inks Deal with Hapag-Lloyd

Oct 15, 2018

Global container carrier Hapag-Lloyd has appointed Poseidon Navigation Services Ltd as the supplier of all Chart Management Services for the fleet managed by Hapag-Lloyd Hamburg.The appointment, announced after an in-depth evaluation process…

FLEX LNG Orders Five LNG Carrier Newbuilds

Oct 10, 2018

Flex LNG, the shipping company controlled by billionaire John Fredriksen, is entering into a transaction for the acquisition of five 5th generation LNG newbuildings comprising three MEGI LNG carriers and two X-DF LNG carriers.According to a release from the shipping company…

BW LPG: Proposal to Combine with Dorian Withdrawn

Oct 08, 2018

BW LPG Limited (BW LPG) announced that it has withdrawn its proposal to combine with Dorian LPG Ltd. (Dorian). BW LPG will also withdraw the candidates it previously intended to nominate to stand for election to the Dorian board at Dorian’s 2018 Annual Meeting of Shareholders…

Wärtsilä to Supply Marine Simulators in Southampton

Oct 05, 2018

Wärtsilä has been selected to provide a full scope of marine simulators for a new training facility at Solent University’s Warsash School of Maritime Science and Engineering, located in Southampton, England.Scheduled to complete in spring 2019…

NYK Signs LNG Charter Deal with Total

Oct 02, 2018

NYK Line has signed a contract with Total Gas & Power Chartering Limited (TGPCL), a subsidiary of Total, a leading oil and energy company headquartered in France.The contract calls for TGPCL to charter from NYK a newly built liquefied natural gas (LNG) carrier for seven years…

Babcock Wins Newcastle Helicopter Marine Pilot Contract

Oct 02, 2018

Babcock Australasia announced it has been awarded a further contract for helicopter marine pilot transfer services at the Newcastle Port, following a competitive tender process.Under the contract, Babcock will provide aircraft, pilots, engineering…

Trafigura Concludes TNG's Dalmacija Charter

Oct 01, 2018

Commodity trading company Trafigura has terminated a time charter contract for chemical/product tanker Dalmacija with Croatian shipping company Tankerska Next Generation (TNG).  'After nearly three years from delivery, TNG and Trafigura have…

Samskip Introduces New Shortsea Route to Antwerp,UK.

Oct 01, 2018

Samskip is launching a new shortsea service connecting Antwerp and Hull, in an expansion of its continent-UK multimodal network that also sees it debut at Belgium’s largest port.The intermodal logistics company  said in a press release that…

Polish Fairway Dredging Contract Awarded

Oct 01, 2018

A major modernization contract for the deepening and widening of a 62 km section of the Świnoujście – Szczecin fairway in Poland has been awarded to Van Oord and DEME Group subsidiary Dredging International.The investment by the Maritime Office…

Tech Mahindra to Manage Indian Ports

Sep 30, 2018

Indian Ports Association (IPA) has appointed Tech Mahindra as the Managed Service Provider for five major ports. This is the first such outsourcing deal in the major ports.Tech Mahindra will build and maintain an enterprise business system (EBS)…

Hyundai Merchant Marine to Spend $2.8 Bln on 20 Containerships

Sep 28, 2018

South Korea's largest shipping line Hyundai Merchant Marine (HMM) said it will invest 3.153 trillion won ($2.84 billion) for 20 new large containerships to be delivered by June 2021.In June this year, the company signed letters of intent for…

KNOT Concludes TC Contract for Two Shuttle Tankers

Sep 28, 2018

Norway-headquartered Knutsen NYK Offshore Tankers (KNOT) has concluded a time-charter contract for two shuttle tankers with Equinor ASA for a maximum 20-year period starting in the second quarter of 2020.KNOT is a NYK Group company, in which NYK has a 50 percent share…

Logistics News

Aurrigo Deploys Autonomous Electric Shuttle at Portsmouth International Port

Aurrigo Deploys Autonomous Electric Shuttle at Portsmouth International Port

Atlas Copco Gas and Process Expands Facilities in South Korea, New York

Atlas Copco Gas and Process Expands Facilities in South Korea, New York

Baltic Index Holds Third Weekly Gain

Baltic Index Holds Third Weekly Gain

CM Energy Contributes to ASSO Cable Lay Project

CM Energy Contributes to ASSO Cable Lay Project

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Alaska LNG savings justify billions of investment, developer claims
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Maricarmen Abascal has died. She was the evicted Spanish 80-year-old who was at the heart of Spain’s housing protests.