Contracts News

 

Tanker Vessel Contracting Hits Record High

Jul 09, 2026

“So far this year, crude tanker newbuilding contracting has reached 60m deadweight tonnes (DWT) across 234 ships, driven by a surge in orders for Very Large Crude Tankers (VLCCs). This already makes 2026 the year with the highest crude tanker contracting on record. High freight rates and the need to replace an increasingly older fleet have both encouraged contracting,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO…

Concordia Damen to Build Two River Cruise Vessels for TUI River Cruise

Jul 09, 2026

Dutch shipyard Concordia Damen announced it has received a contract from TUI River Cruise for two CDS River Cruise 135 vessels. These cruisers are of in-house design and have been tailored to TUl's needs.TUI River Cruises' fleet is currently expanding from six to 10 ships…

Fincantieri to Build Third Hospitality Vessel for Marc-Henry Cruise

Jul 07, 2026

Fincantieri announced that it has signed a contract with Marc-Henry Cruise Holdings LTD, Joint Owner/Operator of Four Seasons Yachts, for the construction of a third hospitality vessel. The value of this agreement, subject to financing and other typical terms and conditions…

Energy-Efficiency Measures First says DNV Maritime CEO

Jul 06, 2026

In an age of regulatory shift, geopolitical uncertainty and commercial pressure it can be difficult to keep decarbonisation efforts on track. How can you plan for tomorrow when today’s realities are so demanding? With the theme of Nor-Shipping 2027 front of mind…

Boskalis, Van Oord to Expand Swedish Port with $570M Dredging Job

Jul 02, 2026

Boskalis and Van Oord have been awarded a dredging contract worth approximately $570 million (€500 million) for the expansion of the Port of Luleå in Sweden.The contract was awarded by the Swedish Maritime Administration and the Port of Luleå…

Giovanni Corbetta Appointed as New Chief Executive Officer at Unique Group

Jul 01, 2026

Unique Group, global leaders in subsea technologies and engineering, has announced the appointment of Giovanni Corbetta as the new Chief Executive Officer (CEO), effective July 1, 2026.Giovanni brings more than three decades of leadership experience across the offshore energy…

Nord Gas to Supply LNG Regasification System for Exmar FSRU Conversion

Jul 01, 2026

Nord Gas Solutions has secured a contract to supply an LNG regasification system for Belgium-based Exmar as part of the conversion of a floating storage regasification unit (FSRU) that will support the expansion of the EemsEnergyTerminal in Eemshaven…

JS Alliance Successfully Completes Indian Liquid Cargo Berth

Jun 29, 2026

The JSI Alliance has successfully completed a major project in India for client Afcons Infrastructure Limited. Afcons was contracted to construct a new liquid cargo berth for Gujarat Chemical Port Ltd. (GCPL). The JSI Alliance was contracted…

Heritage Capital Group Appoints Jamie McCurry as Industry Specialist

Jun 29, 2026

Heritage Capital Group, Inc., an investment banking and financial advisory firm serving middle-market and emerging growth companies in the U.S. and worldwide, has announced the appointment of former Georgia Ports Authority leader Jamie McCurry as an industry specialist in its Savannah office…

Markets: When Will Container Shipping Return to "Normal"

Jun 24, 2026

'Even if the Strait of Hormuz reopens, significant uncertainty will remain and continue to shape market outcomes,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.Key uncertainties include whether the US/Iran agreement will hold, when the Strait of Hormuz (SoH) will fully reopen…

Misaligned Charter Terms Amounts to $110,000 Shipbroker Settlement

Jun 22, 2026

A mismatch in contract terms has led to a $110,000 settlement against a shipbroker, highlighting the risks brokers face when fixtures are not clearly aligned on a back-to-back basis when fixing charter parties.According to International Transport Intermediaries Club (ITIC)…

How JobMarineMan Is Building a Direct Crew Recruitment Ecosystem

Jun 19, 2026

Maritime recruitment has become more digital, but many platforms still replicate familiar agency workflows online. JobMarineMan.com, developed by ship and crew management company Marine MAN, is taking a different approach: a direct recruitment ecosystem built for shipowners and seafarers…

NYK Vessels Chartered for Low-Carbon Ammonia Transport from Louisiana

Jun 17, 2026

NYK Bulkship (Asia), a Singapore-based company of the NYK Group, has concluded a time-charter contract with JERA for two very large gas carriers (VLGCs).The two VLGCs are expected to transport low‑carbon ammonia produced in Louisiana to JERA’s Hekinan Thermal Power Station in Japan…

ECOnnect Energy Lands Colombian LNG Transfer Contract

Jun 17, 2026

Norway's ECOnnect Energy has signed an agreement with Sociedad Portuaria Puerto Bahía S.A., a majority-owned subsidiary of Canada's Frontera Energy Corp., to deliver its IQuay™ F-Class jettyless transfer system for Puerto Bahía´s fast-tracked LNG import terminal in Cartagena Bay…

Logistics News

Urals Freight Rates to India Drop As Tanker Availability Increases

Urals Freight Rates to India Drop As Tanker Availability Increases

Maritime Technologies Forum Publishes Guidelines for Methanol as Marine Fuel

Maritime Technologies Forum Publishes Guidelines for Methanol as Marine Fuel

PD Ports Names New CEO

PD Ports Names New CEO

Stolt-Nielsen Limited Shares Q2, H1 2026 Results

Stolt-Nielsen Limited Shares Q2, H1 2026 Results

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