Contracts News

 

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…

Crowley Signs Up to Inmarsat’s Fleet Xpress

May 05, 2020

Crowley Maritime Corp. has agreed a contract to install Fleet Xpress from satellite communications provider Inmarsat on a majority of its vessels.The 128-year old Florida-headquartered business owns, operates and manages a diverse fleet of close to 200 vessels…

Insights: Contracts are Overrated in Maritime

Apr 23, 2020

My company has been around since 1875, and today we actually still do things that were being done in 1875. We still get calls from underwriters to attend on disasters all over the place, and we are still asked to provide values on ships on a moment’s notice…

CYSEC SA Wins Maritime Cyber Security Contract

Apr 22, 2020

CYSEC SA, a cybersecurity company from Switzerland, has been awarded a contract by the European Space Agency (ESA) to develop a solution mitigating the cyber risks related to ship tracking using satellite communications.The digital revolution…

Finnlines Orders MAN Propulsion Package for New RoRos

Apr 16, 2020

MAN Energy Solutions has won the order to supply six MAN B&W 9S50ME-C9.6 Tier II-compliant main engines for three 238-meter roll-on/roll-off (RoRo) vessels intended for operation in the Baltic Sea. The customer is Finnlines PLC., the Finnish shipping company and part of the Grimaldi Group…

NSM Signs with L3Harris to Support LHDs

Apr 14, 2020

Naval Ship Management (NSM) has partnered with L3Harris Technologies to provide engineering, maintenance and supply chain solutions to support Australia’s largest warship - the Canberra Class Amphibious Assault Ship, also known as the Landing Helicopter Dock (LHD)…

Valmet to Supply Automation for Expedition Cruise Pair

Apr 08, 2020

Valmet will supply automation and information systems for two luxury expedition vessels being built by Helsinki Shipyard Oy in Finland for Russia’s largest river cruise company Vodohod Ltd.The 113-meter-long and 20.2-meter-wide vessels will…

Total Charters LNG Dual-fuel VLCCs

Apr 07, 2020

Malaysian shipowner AET said it signed a deal with Total's Chartering and Shipping Services SA for the time charter of two liquefied natural gas (LNG) dual-fuel very large crude carriers (VLCC). The two newbuilds, which are able to carry about 300…

Klaveness Expands Data Platform Contract with DNV GL

Apr 02, 2020

Following a three-vessel pilot project initiated in 2019, Klaveness Ship Management has opted to expand its contract with DNV GL's Veracity to sign up another eight vessels for the data platform service.The pilot saw Veracity partner with Arundo…

Contracted Rates to Fall Long-term Due to Conoravirus -Xeneta

Mar 31, 2020

The container shipping segment appears to have caught coronavirus, with the industry suffering its first monthly fall in long-term contracted ocean freight rates since October 2019. According to the latest XSI Public Indices report from Xeneta…

NuStar, Svitzer Extends Contract in Point Tupper

Mar 30, 2020

Svitzer has announced a five-year extension of their marine service contract with NuStar.Svitzer has been delivering towage services to NuStar in Point Tupper since 2010. The extension that comes into effect on August 1, 2020 supports NuStar’s…

DP World Berbera Orders 8 RTG Cranes

Mar 25, 2020

Liebherr Container Cranes and DP World Berbera have signed a contract for the supply of eight RTGs for DP World’s terminal in Berbera, Somaliland. The cranes are due to be ready for operation before the end of 2020.The high performance, variable…

Logistics News

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Syria Signs New 30-Year Deal with CMA CGM

Syria Signs New 30-Year Deal with CMA CGM

Adani Ports Sees Higher FY26 Revenue Growth on Robust Volumes

Adani Ports Sees Higher FY26 Revenue Growth on Robust Volumes

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