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Contracts News

 

Douala Cameroon, Antwerp Join Hands

Mar 07, 2018

The ports of Antwerp and Douala in Cameroon are to collaborate closely with each other over the next five years. The collaboration agreement was signed on Wednesday this week during an extensive visit by Antwerp port representatives to the port of Douala in Cameroon…

INTTRA Expands Carrier Network

Mar 06, 2018

INTTRA announced significant growth in its carrier network with the recent addition of four new carriers, including Evergreen Marine Corporation, one of the largest container fleets in the world. The continuing growth of INTTRA's carrier…

INTTRA Grows Container Orders to 45 Million

Mar 05, 2018

INTTRA, a neutral electronic transaction platform, software and information provider at the center of the ocean shipping industry, today announced significant growth in its carrier network with the recent addition of four new carriers, including Evergreen Marine Corporation…

Nakilat, Maran Ventures JV adds two vessels

Mar 03, 2018

Nakilat has expanded its joint venture partnership with Greek shipping company Maran Ventures Inc., to include two additional LNG vessels.Maran Nakilat Co. Ltd. was first established in 2005 with four jointly-owned LNG vessels, and was further expanded on several occasions…

Shipping e-Solutions to Power Efficiencies at Evergreen

Mar 02, 2018

Evergreen Launches New Electronic Documentation Function in Partnership with Bolero International. Evergreen Line introduces paperless Bill of Lading (B/L) and dispatch documentation via its ShipmentLink digital portal, enhancing connectivity for exporters and importers with banks…

Triyards Loses Shipbuilding Contract

Mar 01, 2018

Cash-strapped shipbuilder Triyards Holdings Limited has received a termination notice for a chemical tanker design and construction deal. The Singapore-based yard group said after Thursday trading hours that its subsidiary Saigon offshore…

Diana Containerships Sells Two Panamaxes

Mar 01, 2018

Diana Containerships Inc. said it has signed, through two separate wholly-owned subsidiaries, two Memoranda of Agreement to sell Panamax containerships m/v Sagitta and the m/v Centaurus for $12.3 million each. The 2010-built vessels are scheduled to be delivered to the buyer…

DP World Sells Stake in Somaliland Port to Ethiopia

Mar 01, 2018

Dubai's state-owned DP World said on Thursday it had sold a 19 percent stake in Somaliland's Port of Berbera to the government of Ethiopia. The port operator said it would retain a 51 percent stake in the port and that Somaliland would retain 30 percent…

TRAC Intermodal Gears Up for Gulf Coast Resin Exports

Mar 01, 2018

TRAC Intermodal is expanding and improving the quality of its chassis fleet in the Gulf Region to meet an expected surge in U.S. resin exports. The TRAC Gulf Regional Pool (TGRP) now offers the largest and most modern fleet of chassis in the ports of Houston…

Hapag Lloyd Triples 2017 Profit

Feb 28, 2018

Full-year operating profit up by 226 percent; full figures, guidance due on March 28. German container shipping firm Hapag-Lloyd on Wednesday reported its 2017 operating profit more than tripled, citing higher transport volumes and a slight recovery in freight rates…

Bibby Offshore: BP North Sea Projects completed

Feb 28, 2018

Bibby Offshore has completed a contract worth more than £2million for BP in the North Sea. The project, completed in December 2017, utilised Bibby Offshore’s diving support vessel Bibby Topaz to carry out inspection, repair and maintenance operations in the Rhum gas field…

Solstad Farstad Bags New Contracts

Feb 27, 2018

Solstad Farstad ASA has entered into a contract with Fugro Netherlands Marine BV for the CSV, Normand Flower, for operations in North European waters.  The contract period is 6 months firm. Commencement of the contract is end March 2018…

DP World Moves Ahead with Suez Canal Industrial Zone

Feb 27, 2018

Dubai-based ports operator DP World has inked an agreement with the Suez Canal Authority and the Suez Canal Economic Zone (SCZone) to launch the first phase of an integrated industrial and residential zone in Sokhna. The framework agreement…

Ocean Yield to Acquire Five Handysize Dry Bulkers

Feb 27, 2018

Ocean Yield ASA announced that the Company has agreed to acquire five modern handysize dry bulk vessels with 10 -year bareboat charters to companies owned and guaranteed by Interlink Maritime Corp.  The purchase price is approximately USD 75 million net of pre-paid charter hire…

Subsea 7 Bags Offshore Norway Deal

Feb 27, 2018

Subsea 7 S.A. announced the award of a  contract by Wintershall for the Nova (formerly known as Skarfjell) oil and gas field development. Nova is located in the north-eastern part of the North Sea, 16 kmfrom the Gjøa field, in a water depth of approximately 360m…

Logistics News

Russian Baltic Ports Pause Crude Loadings after Ukrainian Drone Attack

Russian Baltic Ports Pause Crude Loadings after Ukrainian Drone Attack

Jordan Purchases 50,000 Tons Fed Barley

Jordan Purchases 50,000 Tons Fed Barley

Blaze Hits Russia’s Ust-Luga Oil Port Following Drone Strike

Blaze Hits Russia’s Ust-Luga Oil Port Following Drone Strike

CK Hutchison Says Panama Arbitration Claim Now Tops $2 Billion

CK Hutchison Says Panama Arbitration Claim Now Tops $2 Billion

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