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Procurement Contract

Teekay Signs E-Procurement Contract With SeaSupplier

SeaSupplier Ltd., the marine e-procurement subsidiary of Stolt-Nielsen S.A. announced it has signed a multi year e-procurement contract with Bahamas-based Teekay Shipping to connect Teekay procurement systems with its suppliers. Under the agreement, SeaSupplier's SeaConnect(TM) solution will provide Teekay with a common e-procurement platform, which is geared to improve and standardize contract usage, rationalize product databases, and automate connectivity to suppliers worldwide. SeaSupplier's open technology platform and adaptable middleware software will enable Teekay's J.D. Edwards system to communicate efficiently with all suppliers, using multiple communication formats including EDI, EFACT, Flat files, XML and MTML.


Seabulk Signs Global E-Procurement Contract With SeaSupplier

SeaSupplier Ltd. (SeaSupplier), the marine e-procurement subsidiary of Stolt-Nielsen S.A. announced it has been chosen by Ft. Lauderdale, Fla., based Seabulk International to provide its total SeaManager e-procurement solution to Seabulk International's three global divisions: Seabulk Offshore, Seabulk Tankers, and Seabulk Towing . The SeaSupplier solution will consolidate the purchasing activity of Seabulk's three management centers into one common platform and standard and will


Ingalls Shipbuilding Wins $70m Navy Deal

Huntington Ingalls Industries (NYSE:HII) said its Ingalls Shipbuilding division has received a $70m cost-plus-fixed-fee advance procurement contract modification from the U.S. Navy to provide long-lead materials for LPD 27, the 11th amphibious transport dock of the USS San Antonio (LPD 17) class. The funds awarded to Ingalls will be used to purchase long-lead-time materials and major equipment in support of the new ship


Ingalls Awarded USN Contract for 11th LPD 27

USN LPD 27 Class Ship: Photo credit HII

Ingalls to provide long-lead materials for US Navy LPD 27 The US Navy has awarded a million cost-plus-fixed-fee advance procurement modification contract to Huntington Ingalls Industries' (HII) Ingalls Shipbuilding division to provide long-lead materials for the 11th San Antonio-class (LPD 17) amphibious transport dock, LPD 27. The advance procurement contract for LPD 27 is the fourth to be awarded to the company, with the first contract awarded in October 2010.


US Navy Awards $78M Submarine Procurement Contract

General Dynamics has been awarded the Virginia-class submarine procurement contract by the US Navy The U.S. Navy has awarded General Dynamics Electric Boat a $78 million contract to buy long lead-time material for the Virginia-class submarine SSN-792. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD). The contract provides funding for steam and electrical-plant components, the main propulsion unit and ship-service turbine generator set


Ingalls Shipbuilding Gets Large Advance Procurement Finance

Ingalls Shipbuilding Awarded US$133.7-million advance procurement contract for Amphibious Transport Dock LPD 27 Huntington Ingalls Industries (NYSE:HII) announce that its Ingalls Shipbuilding division has received a $133.7 million, cost-plus-fixed-fee advance procurement contract modification from the U.S. Navy to provide long lead time materials for LPD 27, the 11th amphibious transport dock of the San Antonio (LPD 17) class.


$230M Offshore Contract Announced

Saibos CML, an equally-owned subsidiary of Bouygues Offshore and Saipem SpA, has been awarded a contract for the Kizomba A Development Project in Angola for an approximately total amount of $230 million (Bouygues Offshore's share: approximately $115 million). Esso Exploration Angola (Block 15) Limited (Esso), a subsidiary of Exxon Mobil Corporation, is the operator (40%). Other participants include BP Exploration (Angola) Limited (26.67%), Agip Exploration Angola B.V. (20 %) and Statoil (13


Navy Awards Electric Boat $16.3M Contract

The U.S. Navy has awarded General Dynamics Electric Boat a $16.3 million contract for planning and material procurement in support of the USS Springfield (SSN-761) depot modernization period (DMP). Under the terms of the contract, Electric Boat will perform advance planning, design, documentation, engineering, procurement, fabrication and preliminary shipyard work in preparation for the DMP, which is scheduled from May 2004 to June 2005. A DMP comprises repairs, alterations,


ASRY in Maritime Deal with Relay

Relay & ASRY signs service agreement to provide direct services to vessels

  UK-based engineering firm signs service agreement to provide direct services to vessels in ASRY, expanding the list of the yard’s onsite specialist contractors. ASRY, the leading ship and rig repair yard in the Arabian Gulf, has signed a specialized Services Agreement with Relay Engineering Limited, a specialist engineering company based in the UK, to offer its expertise in electrical, mechanical and constructive engineering directly to ASRY’s customers from a dedicated


World’s Biggest LNG Buyer Becomes Seller

Photo:  JERA Co., Inc.

 EDF Trading, a wholly-owned subsidiary of French power giant EDF, has signed an LNG sales and purchase agreement with Japanese LNG aggregator Jera Co Inc, one of the world’s largest buyers of liquefied natural gas.   Jera, a joint venture between Tokyo Electric Power Co. and Chubu Electric Power Co., will sell as much as 1.5 million metric tons of LNG between June 2018 and December 2020.   According to Bloomberg


GAC Supports Beatrice Offshore Windfarm Project

GAC UK to provide a range of shipping, logistics and support solutions Photo GAC

GAC UK has been appointed by Seaway Heavy Lifting (SHL) to provide essential shipping services support for the construction and installation of 84 new turbines as part of a major windfarm expansion project which will increase generating capacity almost six-fold.


Canada Mulls Options to Fill Icebreaker Gaps

File photo: Canadian Coast Guard

Canada's Coast Guard mulls its options as it awaits the arrival of replacement icebreakers to its aging fleet. In order to maintain open tracks through ice, escort ships, free ice-beset vessels, break up ice in harbors, resupply isolated northern communities and protect them from flooding


UK Royal Navy Contracts SEA for Sonar Support

(Photo: SEA/USASS)

Cohort plc company SEA won a contract by the UK Ministry of Defense (UK MoD) to provide support to a range of UK Royal Navy acoustic and sonar underwater systems fitted to the surface and sub-surface fleets. The two year deal to deliver the MoD Underwater Systems Architecture Advisory Service


JERA Buys First-ever U.S. LNG Cargo

File Image: LNG carrier underway (Credit: Parker Bestobell)

Japan's JERA Co, the world's biggest importer of liquefied natural gas (LNG), on Thursday said it made its first-ever purchase of LNG from the lower 48 U.S. states, as part of its goal to diversify supplies. JERA, a fuel joint venture between Tokyo Electric Power and Chubu Electric Power


Maersk Supply Service Names Karstensen CEO

Steen S. Karstensen (Photo: Maersk)

Steen S. Karstensen has been appointed CEO of Maersk's offshore services arm, Maersk Supply Service, with effect from October 24.   Karstensen comes from a position as Chief Procurement Officer and takes over from Jørn Madsen


German Multi-Mission Warship Project Delayed

A tender worth around 4 billion euros ($4.5 billion) for four warships for the German navy has been delayed by around six months to ensure quality standards are met, according to a copy of a defence ministry letter seen by Reuters on Tuesday.


Construction Set to Start on Jacksonville LNG Facility

JAX LNG said it has executed the remaining engineering and procurement contracts required to begin construction of a new liquefied natural gas (LNG) liquefaction and storage facility at Dames Point near the Port of Jacksonville.   The JAX LNG liquefaction facility is expected to be


Navigator Gas Signs up for ShipServ

File photo: Navigator Gas

 Navigator Gas Signs up for ShipServ   Navigator Gas, one of the world’s largest LPG vessel operators, has recently signed up to use ShipServ for all its procurement activities.   The London-headquartered company recently took its ship management activities in-house based


Wood Group Bags Hibernia Deal

Wood Group wins multi-year contract on Hibernia in Canada Photo Wood Group

Wood Group has secured a five year contract to provide engineering, procurement, construction and maintenance services to the Hibernia platform, offshore Newfoundland, from Hibernia Management and Development Company Ltd. (HMDC).  The contract will be executed by Wood Group’s Eastern


Future Unmanned Naval Systems for MMCM Program

Thales, BAE Systems and their partner SAAB, ECA Group and ASV Global welcome the confirmation by the Organization for Joint Armament Cooperation (OCCAR) that the UK Ministry of Defense (MOD) and French Defense Procurement Agency (DGA) will continue its collaboration for the combined United Kingdom


Burgess Marine Acquires Yacht Specialist Global Services

Staff at Globals headquarters in Exeter (Photo: Burgess Marine)

 Britain’s largest independent ship repairer and marine engineering services provider, Burgess Marine, has today completed the acquisition of the Superyacht centric procurement specialist Global Services and its sister company Global New Builds.   


BAE Systems to Begin Building Next UK Warships in 2017

(Image: BAE Systems)

BAE Systems said it will cut first steel for the U.K. Royal Navy’s Type 26 Global Combat Ships in Glasgow in summer 2017, subject to final contract negotiations with the U.K. Ministry of Defense (MOD).   “Backed by Britain’s rising defense budget


Radio Holland, Thome Ship Management Ink SRA Deal for 200 vessels

Ryan Dalgado & Irene Yoong Photo Radio Holland

Thome Ship Management Pte Ltd and Radio Holland Singapore have concluded a Service Rate Agreement (SRA) covering the NavCom service and maintenance needs of its entire fleet of more than 200 vessels. Headquartered in Singapore, Thome Ship Management has worked together with Radio Holland for


Anchor Handling Tug Supply Vessel Market Poised for Growth

File photo: Farstad Shipping ASA

The global market for anchor handling tug supply vessels is poised for growth from 2016-2020, according to a report by Research and Markets.   In the report, which covers the present scenario and the growth prospects market based on total revenue generated from the different geographical


23 Kalmar Straddle Carriers for Transnet, South Africa

Straddle Carrier Photo Kalmar

Kalmar has won a large order to supply 23 diesel-electric straddle carriers to Transnet Port Terminals (TPT) Durban Pier 2, a dedicated straddle carrier operation in South Africa currently handling a throughput of 2.6 million TEU. The contract also includes a delivery of a straddle carrier






 
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