Contracts News

 

Arklow Chooses Satcom Global Aura VSAT

Jan 19, 2021

Ireland headquartered ship owner and charterer Arklow Shipping has contracted communications solutions provider Satcom Global to install Aura VSAT across 17 newbuild vessels due for delivery from 2021 onward.The new vessels will be activated on a range of Aura service packages…

Schulte Group Acquires Rescompany

Jan 06, 2021

Schulte Group invests in digital technology for the cruise sector by acquiring software provider Rescompany. Rescompany Systems Ltd. (Resco) is a provider of advanced hospitality software solutions to the cruise industry, and with its integrated ship to shore software systems…

Kongsberg Sim-based eLearning Solutions for MAAP

Jan 05, 2021

Kongsberg Digital reports that the Maritime Academy of Asia and the Pacific (MAAP) has adopted its new K-Sim eLearning solution, as well as commissioning installation of a cutting-edge K-Sim Safety firefighting simulator at its premises in the Philippines…

S. Korea's Daewoo Nets $2.6 Bln Iraqi Port Deal

Dec 30, 2020

Iraq agreed a $2.625 billion deal with South Korea’s Daewoo Engineering & Construction on Wednesday to build the first phase at its planned Faw commodities port in the south of the country.Under the contract, signed in Baghdad by representatives…

Centerline Logistics Acquires Saltchuk Marine Services’ California Ship Refueling Ops

Dec 28, 2020

Centerline Logistics acquired Saltchuk Marine Services’ California ship refueling business, currently operated by subsidiary Foss Maritime Company. According to a press release from Centerline, this 'major acquisition' brings together the combined…

Iraq to Sign $2.625 Bln Port Contract with S.Korea's Daewoo

Dec 23, 2020

Iraq's government has agreed to sign a $2.625 billion contract with South Korea's Daewoo Engineering & Construction to build the first phase of a giant cargo port in the south of the country, a port manager said on Wednesday.The long-planned…

VIDEO: Port of Gdynia Construction Project Moving Forward

Dec 14, 2020

Treasury bonds are issued for the Port of Gdynia Authority S.A. (PGA) to secure funds for the Outer Port Gdynia construction project, funding to be invested in building the access infrastructure in the form of breakwaters.The Port of Gdynia Authority S…

Wallem Inks Deal with Navigate Response

Nov 25, 2020

Wallem Shipmanagement appointed Navigate Response to enhance its global media response capability, tasked to deliver crisis communications support and training to its global operations on shore and at sea.“Wallem Shipmanagement is committed…

Michels Inks Long-term Lease at Port Milwaukee

Nov 16, 2020

Port Milwaukee and Michels Corporation have formally signed a lease agreement for nearly 17.5 acres at the port’s Grand Trunk site along the Kinnickinnic River. The agreement has an initial term of 20 years, and, with extensions, could continue for a total of 99 years…

MacGregor Inks Deal to Supply LNG Bunker Barge Hose Handling Cranes

Nov 11, 2020

MacGregor received an order from Fincantieri Bay Shipbuilding to supply two fixed boom cranes that will handle the hoses on a new 5,400 cubic meter capacity liquefied natural gas (LNG) bunker barge currently under construction and estimated to be delivered by the end of 2021…

Four New Dual-fuel Bulkers to Support U-Ming Charter Deal

Nov 10, 2020

U-Ming Marine Transport Corporation, Taiwan’s largest publicly listed bulk carrier company, secured a 10-year liquefied natural gas (LNG) dual-fuel dry bulk charter contract with global mining company Anglo American.A fleet of four LNG dual-fuel Tier III 190…

Great Lakes Wins Jacksonville Harbor Dredging Contract

Sep 25, 2020

Great Lakes Dredge & Dock Corporation has been awarded a $105 million Base and Option B contract award on the Jacksonville Harbor Construction Dredging, 47-Foot Contract C Cut-42 Project, the U.S.' largest dredging services provider announced Friday…

GE's Propulsion Package for Dutch Navy's New Combat Support Ship

Sep 07, 2020

Damen Schelde Naval Shipbuilding (DSNS) has ordered energy management and electric propulsion package from GE’s Power Conversion for the new Combat Support Ship (CSS) being built for the Royal Netherlands Navy.The CSS ordered by the Dutch government in December 2019 will be 180 meters in length…

The Four Dominant Criteria of Yacht Insurance

Jun 16, 2020

It is generally understood that the insurance coverage of a luxurious Yacht can be a headache for her owner, not having the necessary knowledge and sufficient information to make an educated decision with confidence, especially in a changing and challenging international insurance market…

ABB Lands Software Deal with Roll Group

Jun 08, 2020

ABB announced Monday it has won a contract to supply the digital solution ABB Ability Marine Advisory System – OCTOPUS to Roll Group’s recently delivered vessel, BigRoll Biscay.BigRoll Biscay is the eighth vessel in Dutch heavy lift specialist’s fleet to rely on ABB marine software…

Logistics News

Port Cost Miscalculation Led to Six-Figure Loss

Port Cost Miscalculation Led to Six-Figure Loss

Taiwan Signals Likely End to Latest Chinese Drills

Taiwan Signals Likely End to Latest Chinese Drills

Panamanian-flag Tanker Rescues 73 in Dramatic Ops

Panamanian-flag Tanker Rescues 73 in Dramatic Ops

Update on Insolvency of FSG-Nobiskrug Shipyard

Update on Insolvency of FSG-Nobiskrug Shipyard

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