Contracts News

 

HoogTij to Build Deep-sea Quay

Jul 09, 2018

The construction of a 900-metre-deep deep-sea quay near the HoogTij business park along the North Sea Canal is set to begin this summer.  HoogTij is divided into two parts: a site reserved for port-related companies (the maritime section)…

IEnova to Build Liquid Fuels Project in Sinaloa, Mexico

Jul 09, 2018

Sempra Energy announced that its Mexican subsidiary, Infraestructura Energética Nova (IEnova), has been awarded a 20-year contract by the Topolobampo Port Administration in Mexico to build and operate a receipt, storage and send-out liquid fuels marine terminal in the state of Sinaloa…

MISC Bags USD 441mln 16-year Charter Contract from Hess

Jul 08, 2018

Malayasia-based MISC Berhad  has secured a long-term charter contract from Hess Exploration and Production Malaysia  for the lease of a floating, storage and offloading facility (FSO) known as FSO Mekar Bergading on a bareboat basis. The…

Aker BP Hires Prosafe Vessel

Jul 06, 2018

Prosafe has signed a contract with Aker BP ASA for the Safe Scandinavia to provide accommodation support at the Ula platform in the Norwegian sector of the North Sea. The firm duration of the contract commencing mid-August 2018 is seven months with eight one-month options…

Port of Beaumont Purchases Former CB&I Property

Jul 06, 2018

On July 3, 2018, the Port of Beaumont formalized the purchase of the former Chicago Bridge & Iron fabrication facility located at 850 Pine Street, Beaumont, Texas for $8.25 million. To facilitate the growth of the property, the Port of Beaumont…

Brazil May Import U.S. Soybeans due to U.S.-China Trade Spat

Jul 05, 2018

Brazil, the world's largest soybean exporter, may have to import the oilseed from the United States this year to satisfy demand from local processors, an executive of exporters association Anec said on Thursday. If China's demand for Brazilian soy rises due to a trade war with the United States…

The Freightos Baltic Indexes (FBX) Update (W26 2018)

Jul 05, 2018

Following three months of static air freight prices, they are finally moving again. The catalysts are seasonal changes in airplane assignments, looming European factory closures, and Amazon Prime Day. Meanwhile, ocean freight rates are now…

Fujian Shipbuilding Terminates Nautilus’ Shipbuilding Contract

Jul 04, 2018

Fujian Mawei Shipbuilding has canceled the construction contract for the Nautilus Minerals’ Production Support Vessel (PSV), a part of the Nautilus’ Solwara 1 project located offshore Papua New Guinea. 'We have been notified by Fujian Mawei Shipbuilding…

Angelicoussis Books its 100th Ship at DSME

Jul 04, 2018

South Korean shipyard Daewoo Shipbuilding and Marine Engineering (DSME) has bagged an order from the Angelicoussis Shipping Group’s unit Maran Gas Maritime, for a floating storage and regasification unit (FSRU). The local media which quoted DSME sources saying Tthat the vessel with a 173…

Konecranes Gottwald Model 2 Mobile Harbor Crane Delivered in Italy

Jul 03, 2018

Konecranes recently commissioned the mobile harbor crane in in the new terminal of SIR in Brindisi, Italy, where it will handle coal destined for power generation in continuous-duty operation. SIR srl (SIR), a leading provider of industry-related environmental services…

Klaveness Combination Carriers Orders Fifth Carrier

Jul 03, 2018

Norwegian shipping company  Klaveness Combination Carriers (KCC) has declared an option for the construction of a combination carrier with Jiangsu New Yangzi Shipbuilding Co., Ltd in China.  The delivery date is scheduled for second quarter 2020…

Vard Wins Contract for Luxury Expedition Cruise Vessel

Jul 03, 2018

Vard Holdings Limited has announced that it has secured a new contract for the design and construction of one luxury expedition cruise vessel for German cruise company Hapag-Lloyd Cruises. The new expedition cruise vessel will join Hapag-Lloyd Cruises HANSEATIC series…

Diana Shipping Continues TC for m/v Polymnia With Cargill

Jul 02, 2018

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with Cargill International S.A., Geneva, for one of its Post-Panamax dry bulk vessels, the m/v Polymnia.  The…

GLDD Wins $164 Million in Dredging Awards

Jul 02, 2018

Great Lakes Dredge & Dock Corporation (Great Lakes), provider of both dredging services in the United States and environmental and infrastructure services, announced the receipt of a several dredging awards totaling $164 million.The awarded…

Matson Christens First Aloha Class Vessel 'Daniel K. Inouye'

Jul 02, 2018

Largest Containership Built in U.S. Will Serve Hawaii.  Matson, a U.S. flag carrier in the Pacific, and Philly Shipyard, Inc. (PSI), the wholly-owned U.S. subsidiary of Philly Shipyard ASA (Oslo: PHLY) christened the largest containership…

Logistics News

Maersk Reports First Quarter Drop in Revenue Growth

Maersk Reports First Quarter Drop in Revenue Growth

Container Shipping Companies Cut Asia-US Services

Container Shipping Companies Cut Asia-US Services

Israel Attacks Yemen’s Hodeidah Port

Israel Attacks Yemen’s Hodeidah Port

Panama Canal Administrator Outlines the Waterway’s Evolving Role in Global Trade

Panama Canal Administrator Outlines the Waterway’s Evolving Role in Global Trade

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