Contracts News

 

Kalmar Fleet Solution for Australian Container Freight Services

Aug 06, 2018

Kalmar, part of Cargotec, has won an order to provide Kalmar Fleet Solution of mobile equipment to Australian Container Freight Services (ACFS) operations in Adelaide, Fremantle and Melbourne.This order, comprising a total of three units of…

UASC Sues World Fuel Services

Aug 05, 2018

Dubai-based shipowner United Arab Shipping Company (UASC) has filed suit against Miami-based marine fuels provider World Fuels Services (WFS) seeking relief from damages incurred through the bunkering of off-spec fuel oil in 2016, reports Arabian Industry…

Höegh LNG Secures Debt Financing for 9th FSRU

Aug 03, 2018

Norway's floating storage and regasification unit (FSRU) giant Höegh LNG said it has secured a USD 177 million debt financing for its FSRU delivery unit number 9. The FSRU is scheduled to be delivered in the fourth quarter of 2018. The facility…

Teekay Offshore Orders two LNG-fueled Aframax at Samsung Heavy Industries

Aug 02, 2018

Teekay Offshore GP entered into shipbuilding contracts to construct two LNG-fueled Aframax DP2 shuttle tanker newbuildings from Samsung Heavy Industries for delivery in late-2020 and early-2021, bringing the Partnership’s orderbook to six shuttle tankers…

DNV GL Secures Shell Penguins Contract

Aug 02, 2018

DNV GL has won a cross-service contract to support Shell's Penguins Field redevelopment on the UK Continental Shelf.The contract with Shell involves a team which will deliver an integrated verification and class project for the operator's Penguins…

London Court Rules DP World Djibouti Contract "valid and binding"

Aug 02, 2018

Dubai's government said on Thursday the London Court of International Arbitration (LCIA) has ruled DP World's port container terminal contract in Djibouti was valid and binding.The government of Djibouti seized the Doraleh Container Terminal…

FSL Trust Pact with Heidmar’s Sigma Pool for Two Vessels

Aug 01, 2018

Singapore-based FSL Trust Management (FSLTM), as trustee-manager of First Ship Lease Trust  announced a new pool agreement for the two LR2 vessels, 2006 built and each 109,672 DWT, FSL Piraeus (ex-Torm Margrethe) and FSL Perth (ex-Torm Marie)…

Hafnia Tankers in Leaseback Deal with Sole Shipping Fund

Jul 31, 2018

Denmark's Hafnia Tankers has completed two sale and leaseback transactions with a Sole Shipping fund.'Hafnia Tankers has successfully completed two sale and leaseback transactions with Skaatholmen Shipping Ltd, a company owned by Sole Shipping…

Cruise Industry Embraces Transcritical CO2 Technology

Jul 31, 2018

International technology group GEA signed a contract for its new transcritical CO2 industrial refrigeration technology, with P&O Cruises, part of Carnival Corporation & PLC.The green refrigeration technology has already been installed on board P&O Cruises 2…

Port of Duqm Signs Land Lease Agreement with Petrojet

Jul 30, 2018

Port of Duqm Company SAOC, a 50:50 joint venture between the Omani Government and the Consortium Antwerp Port (CAP) under its subsidiary called Duqm Industrial Land Company (DILC), has signed a 25 years usufruct land lease agreement for a 50…

Diana Shipping Signs TC Contract for M/V Seattle with Koch

Jul 30, 2018

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Capesize dry bulk vessels, the m/v Seattle.The global shipping company…

Shell Hires Velesto Energy for Malaysia Drilling

Jul 30, 2018

Velesto Energy was awarded a RM 101 million (USD 25 million) contract from Sarawak Shell Bhd (SSB) and Sabah Shell Petroleum Company Ltd (SSPC) for the provision of jack up drilling rig services.Velesto Energy was formerly known as UMW Oil &…

Liebherr Bags Order to Deliver Heavy Lift Crane

Jul 30, 2018

Switzerland based Liebherr Group together with the Norwegian companies OHT, Ulstein Design & Solution BV, DNV-GL as well as Chinese shipyard CMHI are working to manufacture a unique vessel for applications in the wind energy sector, decommissioning…

VTS Vasiliko Terminal Services Orders ASD Tug

Jul 30, 2018

On July 24, Damen Shipyards Group signed a contract with Cyprus-based VTS Vasiliko Terminal Services, the supplier of marine services to the Port of Vasiliko and the VTTV Oil Terminal Jetty, for a Damen ASD Tug 2310.Attending the contract signing event was Cyprus’ Minister of Transport Ms…

Wison Bags FEED Contract for FLNG Project from Western LNG

Jul 28, 2018

Wison Offshore & Marine and Western LNG signed a technical service agreement (TSA) for the new floating liquefied natural gas (LNG) project that Western is developing in British Columbia, Canada.Pursuant to the TSA, Wison will develop the basis…

Logistics News

DFDS Reaches 10,000 Sailings in Türkiye

DFDS Reaches 10,000 Sailings in Türkiye

Interferry Spotlights Thai Maritime Leader Ahead of the International Day for Women in Maritime

Interferry Spotlights Thai Maritime Leader Ahead of the International Day for Women in Maritime

Logistical Bottlenecks Threaten Competitiveness of Brazilian Agribusiness

Logistical Bottlenecks Threaten Competitiveness of Brazilian Agribusiness

Africa Global Logistics to Invest in Inland Logistics

Africa Global Logistics to Invest in Inland Logistics

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