SpeedCast International Limited has established a distributor agreement with Thuraya Telecommunications Company, a Mobile Satellite Services (MSS) operator. The new agreement brings new options for satellite mobility solutions for SpeedCast’s global customer base and expands SpeedCast’s mobility product portfolio. Under the agreement, SpeedCast will now have access to Thuraya’s portfolio of innovative mobile satellite products and services, including Thuraya SatSleeve, XT satellite phones, land and maritime broadband terminals. The agreement further allows SpeedCast to distribute Thuraya mobile satellite products and services throughout its reseller and end-user customer base. The expanded portfolio will offer SpeedCast’s customers with an even broader range of solutions to meet their communication requirements, particularly for the maritime, energy and enterprise sectors. “The agreement between Thuraya and SpeedCast will expand our portfolio in the MSS arena,” said Andrew Burdall, Vice President of Strategic Business Development, SpeedCast. “The provisioning of mobile satellite services, together with our core VSAT services, allows SpeedCast to be a one-stop shop for our customers. This development will be especially beneficial for our customers located in the Middle East and African regions, where Thuraya’s network has good penetration.”
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
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.
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
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
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
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
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
Tug engineers withdrew plans to strike at Port Hedland, Australia's biggest iron ore port, tug operator Teekay Shipping said on Thursday, removing a threat to exports from BHP Billiton and Fortescue Metals Group Ltd. The Australian Institute of Marine & Power Engineers (AIMPE) a day earlier had given notice of a four-hour stoppage to come on Nov. 22, after rejecting an enterprise agreement offering additional annual leave and three annual 2 percent wage hikes.
Nordic American Offshore Ltd. (NAO) informs that it has agreed with the Norwegian based Vard Aukra shipyard to extend the delivery of two platform supply vessel (PSV) newbuildings, originally scheduled to be delivered in mid-2015. Under the new agreement, the ships are scheduled to be delivered during the first quarter of 2016 when NAO will take ownership. The vessels are fully financed and the manufacturing process is developing satisfactorily, NAO said
Ship Finance International Limited (SFL) announced that it has entered into a heads of agreement to amend the long-term chartering agreements with Frontline Ltd. The company currently has 17 vessels on charter to subsidiaries of Frontline
As part of its continued business expansion and long-term commitment to the region, underwater technology specialists, Sonardyne International Ltd, U.K., has entered into a nonexclusive agreement with Northern Defense Industries (NDI) to become its strategic partner for maritime security and
DP World and the Port of Melbourne Corporation have reached an agreement on a new 50-year lease, ending months of negotiation over rental increases at Australia’s biggest port. The Port of Melbourne will forego tens of millions of dollars in annual revenue after abandoning a
VIKING Life-Saving Equipment A/S has acquired a part of Australia-based Wiltrading Pty Ltd.’s maritime safety equipment activities effective 1 September. The move strengthens VIKING’s offering in Australasia, adding 4 locations to the company’s global network of
Rolls-Royce has extended its service capability in South Korea by partnering with Busan-based ship repairer Sunjin Entech. The new service agreement means that Rolls-Royce can now provide customers with a bespoke one-stop service solution at the Gupyung and Youngdo yards
A new agreement on supporting the Republic of El Salvador to implement International Maritime Organization (IMO) treaties was signed in San Salvador on Monday, March 23. IMO Secretary-General Koji Sekimizu, who is on a visit to central America
Carnival Corporation enters into strategic partnerships to add nine cruise ships to its fleet over a four-year period starting in 2019; shipbuilders Fincantieri and Meyer Werft to each build next-generation cruise ships for Carnival Corporation through two separate, long-term partnerships
The Malaysian government has signed a new contract with Boustead DCNS Naval Corporation (BDNC) for through-life support for the two 2000 type Scorpene submarines of the Royal Malaysian Navy, based at Kota Kinabalu, Sabah.
A record-breaking offshore evacuation system is one of several highlights to be presented at the stand of leading marine and fire safety equipment and service provider VIKING Life-Saving Equipment (VIKING) at OTC 2015 in Houston, Texas. Chuting for the top
BIMCO and the Global Shipping Forum have now launched a new standard contract – named “SERVICECON” – which simplifies and harmonises terms and conditions for container volume contracts between shippers and carriers.
Greece will proceed with the sale of stakes in strategic assets such as the port of Piraeus, says a report in Bloomberg. The Hellenic Republic Asset Development Fund, which sells real estate, infrastructure and other government holdings, is sending a revised tender offer to investors
Brazil continues to be an important area for Danish shipping interests and, with the signing of a new agreement on cooperation with the Brazilian authority ANTAQ under the Brazilian Ministry of Transport, relations are being strengthened.
CMA CGM Group will work with Cuban company Almacenes Universales SA to run a logistics complex serving the Port of Mariel, giving a boost to the island’s effort to make itself a transshipment hub. CMA CGM, the world’s No
MAN PrimeServ Turbocharger, part of MAN Diesel & Turbo’s service division, has signed a Premium Turbocharger Maintenance Contract with Anglo-Eastern Ship Management. Under the terms of the agreement, PrimeServ will provide all relevant services complete maintenance package
The TFAF was created at the request of developing country and least-developed country (LDC) members to help ensure that they receive the assistance needed to reap the full benefits of the Trade Facilitation Agreement and to support the ultimate goal of full implementation of the new