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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.


Viking to Upgrade, Service Topaz Life Rafts

Caspian Protector

Topaz Energy and Marine, an offshore support vessel (OSV) company, and marine and fire safety equipment company VIKING Life-Saving Equipment has jointly announced the signing of a multimillion dollar, 10-year life-raft servicing agreement. Under the terms of the contract, Viking will upgrade all of Topaz’s current life rafts and manage the ongoing servicing and certification of Topaz’s life raft fleet. “This agreement significantly enhances our ability to operate safely


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.


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


Rem Offshore Extends Veripos Positioning Contract

Photo courtesy Rem Offshore

Aberdeen-based Veripos, suppliers of high-precision GNSS positioning services for offshore applications, is to provide dedicated positioning support for a number of Platform Supply vessels (PSVs) operated by Rem Offshore, the specialist Norwegian company which maintains a global fleet of ships. Under the new agreement, which extends present contract arrangements between the two companies, Veripos will provide the PSVs with a combination of its proprietary Standard and Standard2 GNSS data


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


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 ..


U.S. Coast Guard Commissions RINA

USCG Signing_web.jpg

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


U.S. Container Ports Anticipate Pinnacle Import Volume

Containership Import Volume.jpg

Import volume at U.S. container ports is expected to hit a record high this August.   The anticipation results from the absence of a West Coast longshoremen’s contract. Concerned retailers, therefore, are swiftly bringing holiday season merchandise into the country


YPF Oil Extends Operating Agreement with Sinopec to 2027

  Argentina's state oil company YPF agreed Friday to extend its operation until 2027 in partnership with a local unit of China's Sinopec oil in an area of ​​a province in the center-west of the country, which represent an investment of $ 300 million, the company said in a statement.


Norsea Group Makes Long-term UK Commitment

Peterhead Harbour, aerial photo

  NorSea Group (UK) Limited is making a major, long-term commitment to the UK with the announcement that it will take over operatorship of Smith Quay and Embankment at Peterhead on a 10-year agreement as of September 1. NorSea Group also has a 15-year lease at South Quay in Montrose and a


Optimarin Cements Offshore BWT Market Share

Tore Andersen

Ballast water treatment (BWT) specialist Optimarin says over 50% of its system orders now placed for PSVs, AHTS and associated, advanced service vessels.   According to CEO Tore Andersen, the last six months alone have seen 16 new agreements signed


Niger Could Sign Deal With Areva soon

  The government of Niger, the world's fourth largest uranium producer, is on the verge of renewing an agreement with French state-controlled nuclear group Areva, the West African nation's mines minister said on Sunday. Niger, one of the world's poorest nations


China-Denmark Ratchet Up Maritime Cooperation

Image courtesy of DMA

The Danish Maritime Authority (DMA) says its cooperation with China has been further strengthened by the signature of an agreement between  the Ministry of Business & Growth, and the Chinese Ministry of Industry and Information Technology.


Obama: Philippines Pact No Threat to China

US says not planning to rebuild old bases or construct new ones. Obama says goal is not to contain China while Philippines' Aquino says Chinese shouldn't be concerned. President Barack Obama said a new military pact signed with the Philippines on Monday granting a larger presence for U.S


Intelsat and SpeedCast Join Forces

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New Agreement Brings Market Leading Broadband and Mobility Solutions to the Maritime, Oil & Gas and Enterprise Sectors.   Intelsat S.A. (NYSE: I) has established strategic agreement to provide access to its global C- and Ku-band broadband mobility network to SpeedCast


Eni Norge Enters Agreement with DNV GL

Eni Norge AS awards DNV GL a framework agreement for the supply of inspection services to the Goliat platform in the Barents Sea.   The term of the contract is three years, with an option for a two-year extension. The assignment consists of planning and carrying out inspections of static


Mideast Firm to Operate Cargo Terminal at Port Canaveral

A Middle Eastern-owned company landed its first North American port operations contract on Monday, a 35-year agreement with Port Canaveral on Florida's east coast. Under terms of the lease, Gulftainer, a wholly-owned subsidiary of United Arab Emirates-based Crescent Enterprises


The High Seas Are Like a Failed State: Ocean Rescue Commission

Green Ocean: File photo

The health of the global ocean is in decline and an integrated rescue package needs to be applied over the next five years, according to The Global Ocean Commission, made up of former Heads of State, Government, ministers and prominent business leaders.


Petrobras Could save $18K mln between 2015 and 2021

Four oil surplus subsalt areas could save $ 18,000 mln

  Brazil's Petrobras estimates it will save costs for 18,000 million dollars between 2015 and 2021 findings with direct contracting to explore four oil surplus subsalt areas of the country, the company said Friday . The company expects investment required would be for about 26


US Imports Surge as Ports Contract Remains in Limbo

Photo courtesy of the Port of Los Angeles

With West Coast longshoremen still negotiating a new contract, retailers are bringing holiday merchandise into the United States at record levels to protect against potential supply chain disruptions, according to the monthly Global Port Tracker report released today by the National Retail


Carnival Extends Deal with Port of New Orleans

The 3,646-passenger Carnival Dream (left) and the Carnival Elation are pictured berthed at the Ports Erato Street and Julia Street Cruise Terminals in April. The Carnival Dream sails year-round seven-day eastern and western Caribbean itineraries from New Orleans, while the Carnival Elation sails year-round four- and five-day itineraries to Mexico. (Photo Port of New Orleans)

New agreement keeps at least two Carnival ships sailing through 2019 The Port of New Orleans and Carnival Cruise Lines signed a new agreement that will keep the world’s largest cruise line sailing at least two ships year-round from New Orleans through 2019.


ABS President Wiernicki Signs New MARAD Agreement

 Christopher J. Wiernicki: Photo ABS

The American Bureau of Shipping (ABS) informs that it has entered into a new Memorandum of Agreement (MOA) establishing the policies and procedures regarding the survey and classification of the National Defense Reserve Fleet (NDRF). The agreement expands the working relationship that has existed






 
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