Contracts News

 

GAC Angola Renews Ship Agency Deal with POSH Semco

Jul 19, 2018

Offshore marine services provider PACC Offshore Services Holdings Ltd. (POSH) has reaffirmed its working relationship with GAC Angola by renewing its ship agency contract for Soyo and Luanda and extending the agreement to include Cabinda.Under the deal…

Mermaid Maritime Wins Middle East Contract

Jul 18, 2018

Thailand-based subsea and offshore drilling services company Mermaid Maritime Public Company announced that its Middle East business unit has been awarded a subsea services contract in a GCC country with an initial contract value of USD 16 million…

Singapore, Rotterdam to Strengthen Cooperation

Jul 18, 2018

The Maritime and Port Authority of Singapore (MPA) and Port of Rotterdam Authority (PoR) renewed their Memorandum of Understanding (MoU) on cooperation in Information Exchange and Research and Development (R&D).Since the commencement of the MoU in 2015…

Transocean Signs 11 Well Contract with Chevron Australia

Jul 17, 2018

The international provider of offshore contract drilling services for oil and gas wells Transocean announced that the ultra-deepwater semisubmersible GSF Development Driller I was awarded an 11-well contract (approximately 955 days) commencing…

NYK Auto Logistics Pact with Adani Logistics

Jul 17, 2018

NYK Auto Logistics India (NALI), an NYK Group company, signed an agreement with Adani Logistics(ALL) to form a joint venture that specializes in the transportation of finished vehicles using automobile freight trains.The automotive production volume is expected to further increase in India…

Scorpio Tankers Sells, Leaseback Seven Product Tankers

Jul 17, 2018

Scorpio Tankers announced that it has agreed to sell and leaseback six MR product tankers (STI San Antonio, STI Benicia, STI St. Charles, STI Yorkville, STI Mayfair and STI Duchessa) and one LR2 product tanker (STI Alexis) to an international financial institution…

Boskalis Bags New Contracts

Jul 16, 2018

Royal Boskalis Westminster N.V. (Boskalis) has acquired a sizable logistical management transport contract and has received a letter of award for the transport and float-over installation of an offshore platform with a combined contract value of approximately USD 65 million…

ICTSI Wins Sudan Port Contract

Jul 15, 2018

Philippines-based International Container Terminal Services Inc. (ICTSI) said it has been chosen by the government of Sudan to handle the operations and management of the South Port Container Terminal (SPCT). In a disclosure to the Philippine Stock Exchange yesterday…

North P&I Club, 24Vision Sign Partnership Agreement

Jul 12, 2018

North P&I Club and 24Vision announced today that they have entered into a partnership agreement, with effect from 1 July 2018, to provide P&I insurance to charterers and small ship operators. As part of 24Vision’s wider service proposition to their marine industry clients…

Southern Ports are Getting with The Program…

Jul 11, 2018

The In-transit cold treatment program, that is! The dimensions of The Program are remarkable. The Reefer Shipping Market and Forecast 2017/18 produced by Drewry calculated that 79 percent of perishable cargo moved in refrigerated containers in 2016 and only 21 percent on reefer ships…

Driving Efficiently Towards Zero Emissions

Jul 11, 2018

As the Port of Long Beach Starts Year-long Freight and electric vehicle (EV) testing, Kalmar’s newest workhorse – the Kalmar Ottawa Electric terminal tractor, T2E – will be doing some of the heavy lifting. As California presses on with state-wide transportation electrification (TE)…

Diana Shipping Signs TC Contract for m/v Maera with ST Shipping

Jul 10, 2018

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with ST Shipping and Transport, Singapore, for one of its Panamax dry bulk vessels, the m/v Maera.  The global shipping…

Diana Containerships Continues TC for M/V Domingo With CMA CGM

Jul 10, 2018

Diana Containerships  announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with CMA CGM, Marseille, for one of its Panamax container vessels, the m/v Domingo.  The global…

Norwegian Breakaway Maintenance Completed

Jul 10, 2018

The 326-meter, 146,000 DWT, cruise ship Norwegian Breakaway arrived in Brest on April 28 for 11 days of scheduled maintenance and refurbishment.The primary objective of the visit was mechanical works on the ship’s two ABB azipods. The DSBr team…

Newbuild Spending Dropped Sharply in Q2

Jul 10, 2018

Enthusiasm for newbuild orders across most shipping markets has started to wane after more than $10 billion dollars were committed in the first quarter of 2018, according to VesselsValue. The total committed to new deliveries is now the lowest since the start of 2016…

Logistics News

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

Hapag-Lloyd Freight Demand Boosted by US-China Trade Truce

Hapag-Lloyd Freight Demand Boosted by US-China Trade Truce

Edison Receives First Delivery of US LNG From Venture Global

Edison Receives First Delivery of US LNG From Venture Global

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