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Contracts News

 

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…

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…

Logistics News

Explosion Forces Shutdown of Valero’s Port Arthur Refinery

Explosion Forces Shutdown of Valero’s Port Arthur Refinery

Wattlab Scales Up Solar Power for Bulkers

Wattlab Scales Up Solar Power for Bulkers

African Bunkering Hubs Gain as Ships Reroute Around Cape

African Bunkering Hubs Gain as Ships Reroute Around Cape

Two India-Bound Tankers Pass Through Strait of Hormuz

Two India-Bound Tankers Pass Through Strait of Hormuz

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