Contracts News

 

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BW LPG: Proposal to Combine with Dorian Withdrawn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BW LPG Limited (BW LPG) announced that it has withdrawn its proposal to combine with Dorian LPG Ltd.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…

Proposed Rate Hikes for Houston Ship Pilots Under Fire

Sep 27, 2018

No less than 15 shipping companies, many of them top 10 liner companies, have written to Port of Houston Chairman Janice Longoria to reject the latest call for substantial rate hikes on the Houston Ship Channel. Local pilots already earn salaries that approach $500…

Russia's Novatek Ships First LNG Cargo to Brazil

Sep 24, 2018

Russian natural gas producer Novatek has shipped its first LNG cargo to the Brazilian market with LNG produced from the Yamal LNG project.A statement from PAO Novatek said that its wholly owned subsidiary, Novatek Gas and Power Asia Pte. Ltd…

Rowan Gets New Contract by Turkish Petroleum

Sep 24, 2018

Offshore driller Rowan Companies has been awarded a two-well contract for its Rowan Norway jack-up rig in the Mediterranean Sea by Turkish Petroleum.Rowan Companies announced that the Rowan Norway, an N-Class ultra-harsh environment jack-up rig…

Logistics News

Bulk Carrier on Fire After Russian Attack

Bulk Carrier on Fire After Russian Attack

Brazil to Auction Santos Container Terminal in Early March

Brazil to Auction Santos Container Terminal in Early March

California Ports Elect Dr. Noel Hacegaba as New President

California Ports Elect Dr. Noel Hacegaba as New President

IMO Challenged Over Livestock Carrier Regulations

IMO Challenged Over Livestock Carrier Regulations

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