New Agreement

Raytheon Anschütz, Wärtsilä Supply Agreement

The German navigation system supplier Raytheon Anschütz has signed a new agreement with Wärtsilä Corporation, Finland. According to the new agreement, Raytheon Anschütz will supply their Integrated Bridge Systems for Wärtsilä’s total ship system solutions. “We see an increasing demand for larger ship solutions including machinery, automation and navigation", said Andreas Lentfer, Business Development Director at Raytheon Anschütz. "Wärtsilä will use the latest generation of Raytheon Anschütz Integrated Bridge Systems (IBS) which is perfectly prepared for seamless integration with engine and propulsion controls, alarm and monitoring systems." Within the agreement Raytheon Anschütz will supply complete Integrated Bridge Systems. Wärtsilä intends to make its integrated packages, combining navigation and automation systems, available for all types of vessels. Wärtsilä services will be backed-up by the global Raytheon Anschütz service network and the central service coordination in Kiel.

Manitowoc Reaches Agreement On Options for Lighterage System

The Manitowoc Company, Inc. announced that it has signed a contract with the Naval Facilities Engineering Command, Department of the U.S. Navy, on options for the Improved Navy Lighterage System (INLS). The Navy selected Manitowoc Marine Group in 2003 to build the INLS, and the first unit was delivered in the third quarter of 2005. The new agreement calls for option deliveries over the next five calendar years with an approximate value of $360 million.

Aker and Vryhof Anchors Extend Agreement

Aker Marine Contractors, Inc. (AMC), a subsidiary of Aker Maritime Inc, and Vryhof Anchors BV (Vryhof) have signed a Letter of Intent to extend their cooperation agreement through their U.S.-based joint venture company, TACP/Aker LLC. The companies currently hold considerable market share in their respective businesses. In addition to the Gulf of Mexico, considerable potential is seen in the newly developing deepwater markets offshore Brazil, West Africa and other areas of the world

BIMCO Signs New Agreement with Coast Guard

BIMCO’s President Knud Pontoppidan and U.S. Coast Guard Rear Admiral Craig Bone signed a new partnership agreement at U.S. Coast Guard Headquarters in September 7. The agreement is aimed at enhancing the communication and working relationship between the Coast Guard and the shipping industry. The establishment of the partnership coincides with the development of BIMCO’s guide for seafarers on US Port State Control inspections

Marlink Contract with Grimaldi Group

Satellite communications provider Marlink has signed a new contract with Italian Shipping Company the Grimaldi Group. The new agreement, secured during this year's Nor-Shipping, includes delivery and installation of Marlink's Sealink Ku-band services onboard six Grimaldi passenger vessels operating throughout the Mediterranean. Marlink is one of few maritime satellite communications providers to have obtained general authorizations issued by the Italian Government for use with its Italian

OSG's FSO Joint Venture signs New Agreement

Overseas Shipholding Group, Inc. has announced that a new service agreement has been signed with Maersk Oil Qatar AS ("MOQ") for FSO Africa, a floating storage and offloading service vessel (FSO) jointly owned by OSG and Euronav N.V. (Euronext Brussels: EURN).  The new agreement, which supersedes the previous FSO Africa contract, has a firm term of five years commencing October 1, 2012 and provides MOQ with an extension option for an additional term of either one or two

NTSB and Coast Guard Agree on Rules

The National Transportation Safety Board and the U.S. Coast Guard have concluded a new agreement setting out each agency’s role in the investigation of major marine shipping accidents. With the Memorandum of Understanding (MOU) signed yesterday by NTSB Chairman Marion C. Blakey and Admiral Thomas Collins, Commandant of the Coast Guard, the two agencies have resolved a long-standing uncertainty over how to determine which will lead the investigation of a major marine accident

FGH, Ocean Rig End Dispute

Norway's Ocean Rig and Friede Goldman Halter signed an agreement, ending a legal dispute over the building of two drilling rigs that was halted earlier this month. "Work on the rigs, which was suspended briefly by Friede Goldman, causing Ocean Rig to commence arbitration and other legal proceedings against Friede Goldman, resumed in full this morning," it said in a statement to the Oslo Stock Exchange. "Both companies believe that this latest agreement ..

Vizada Inmarsat, Distribution Agreement

Vizada, a satellite communications provider, and Inmarsat, a provider of global mobile satellite communications services, have concluded final negotiation for Vizada’s distribution of Inmarsat services over the next five years. These include “existing & evolved services” (Fleet, GAN, Swift, etc.), new generation IP-based broadband services including BGAN, FleetBroadband and SwiftBroadband, as well as leased services

U.S. Coast Guard Commissions RINA

Genoa-based classification society RINA has been authorized by the U.S. Coast Guard to conduct plan review and approval and initial and subsequent surveys for U.S.-flagged cargo and passenger vessels. Under the agreement signed yesterday, RINA has received delegation for Load Line, SOLAS, MARPOL, ISM, and Tonnage survey and certification services. The MOA delegating authority and establishing guidelines for co-operation between the USCG and RINA was signed at Coast Guard Headquarters in