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Signs Two

Concordia Maritime Signs Contracts with Lukoil

Concordia Maritime has signed two-year timecharter contracts for the V-MAX vessels Stena Vision and Stena Victory with Litasco, a subsidiary of the Russian oil company Lukoil. The new time charters will begin immediately upon expiration of the current charter contracts with the American oil company Sunoco at the end of 2007. The vessels are chartered in from Arlington Tankers Ltd until the end of 2009. With the new time charter contracts Concordia Maritime has secured employment for the entire period.


Labroy Marine Wins Contracts

Singapore shipbuilder Labroy Marine said on Wednesday it has signed two shipbuilding contracts worth $58.9m in total. Labroy, whose regular customers for offshore support vessels are in the United States, Europe and the Middle East, said the two ships are to be delivered in 2009. Source: Reuters


Tesoro Affiliate Secures Additional Tankers in Aker Philly Build Program

Charter agreements have been signed for two more of the 10 Jones Act commercial product tankers being built at Aker Philadelphia Shipyard. The agreements were made between Gold Star Maritime Company, an affiliate of Tesoro Corporation (Tesoro), and Overseas Shipholding Group Inc. (OSG), which has partnered in the new fleet with Aker American Shipping (AKASA), parent company of the shipyard. As part of the Aker group of companies, Aker American Shipping, in conjunction with its subsidiaries


Conrad to Build Tugs for Bay-Houston and Suderman & Young

Conrad Industries, Inc. has signed two contracts for construction of two 98-ft., Z-Tech 7500 Class Terminal/Escort Tugs with Bay-Houston Towing Co.and Suderman & Young Towing Company, L.P. These ABS -classed tugs will provide harbor tug services for LNG vessels calling at the Freeport LNG terminal which is currently under construction in the Port of Freeport, Texas. G&H Towing Company of Galveston, Texas will operate the two tugboats.


CNOOC, Newfield Sign PSC contracts

China National Offshore Oil Company Limited (CNOOC Ltd) announced that its parent China National Offshore Oil Corporation (CNOOC) has signed two production sharing contracts (PSC) with US-based Newfield Exploration Company. The two contracts are for blocks numbered 22/15 and 16/05, both in the South China Sea. Block 22/15 in the Beibu Gulf Basin in the western South China Sea covers 5,228 square km, with water depth of 10 to 60 meters.


CHS Agreements with Jeppesen Marine

Jeppesen Marine signed two license agreements with the Canadian Hydrographic Service (CHS) in May. The first is a CHS Value-Added Reseller (VAR) agreement authorizing Jeppesen Marine to integrate CHS products and updates into its own value-added products for the marine industry. The second agreement makes Jeppesen Marine an authorized dealer of official Canadian Hydrographic Service Digital Charts, including CHS Electronic Navigational Charts (ENCs) and BSB raster charts


Rolls-Royce Gives Go-Ahead to FORAN

In December 2000 Rolls-Royce Marine and SENER signed two linked contracts, one for the evaluation of FORAN V50 during a test period and the other for the license of FORAN on a permanent basis. The contract for evaluation foresaw the installation of FORAN Licenses in Rolls-Royce offices in Ulsteinvik (Norway) and Navis consult (Rijeka, Croatia), together with the corresponding training for the personnel from both offices.


Diana Acquires Two Containerships

Diana Containerships Inc. (Nasdaq:DCIX), signed two Memoranda of Agreement with APL (Bermuda) Ltd. for the purchase of two Panamax container vessels, the m/v "APL Sardonyx" and the m/v "APL Spinel". The m/v "APL Sardonyx" is a 1995-built vessel of approximately 4,750 TEU capacity and the m/v "APL Spinel" is a 1996-built vessel of approximately 4,750 TEU capacity. The purchase price for each vessel is $30 million


Teekay Charters Out Two LNG Newbuildings

Teekay LNG Partners signs two, 5-year time-charter contracts with Cheniere Marketing to provide Liquefied Natural Gas (LNG) transportation services. The fixed-rate time-charter contracts will be serviced by the two 173,400 cubic meter LNG carrier newbuildings ordered by Teekay LNG in December 2012. The newbuildings are currently under construction by Daewoo Shipbuilding & Marine Engineering of South Korea and are scheduled to be delivered in the first half of 2016.


Latest Global Shipbuilding Contracts

Amongst newbuilding orders in the past week U-Ming Marine Transport of Taiwan continue their Capesize ordering with a firm order for four more 186,000 dwt dry bulk carriers, according to the latest Clarkson Hellas Weekly S+P Report. Dry Bulk: U‐Ming Marine Transport of Taiwan (Far Eastern Group) have continued their Capesize ordering at SWS by declaring four further options to their original order of four firm 186,000 DWT Capes in February this year


OSI to Upgrade Canadian Navy Software

HMCS Toronto in the Arabian Gulf. Credit: Colin Kelley

OSI Maritime Systems Signs Contract with the Royal Canadian Navy to Provide In-Service-Support and an Upgrade to the Most Advanced ECPINS-W Sub 6.0 OSI Maritime Systems announced that it has signed a contract to provide in-service-support for its ECPINS-W Sub software - ECPINS is the only ECDIS


Hapag-Lloyd, CSAV Merger Finalized

Michael Behrendt, Chairman of the Executive Board of Hapag-Lloyd (left), and Oscar Hasbún, CEO of CSAV, today at Ballin House (Hapag-Lloyd headquarters) in Hamburg after the signing.

Hapag-Lloyd and CSAV binding agreement signed / In return for contributing its container business, CSAV becomes new core shareholder of Hapag-Lloyd / Hapag-Lloyd becomes the world’s fourth-largest liner shipping company Hapag-Lloyd AG and Compañía Sud Americana de Vapores


Latest Shipbuilding Contracts Include VLCC Order for Philippine Yard

File image CCL3

In the latest Clarkson Hellas S&P Weekly Bulletin newbuilding orders are reported in Far East shipyards for a range of vessels as follows: Bulk carriers Clarkson Hellas understand that Golden Union have declared options for three further 81


Damen Lays Keel for Indonesian Naval Frigate

Photo: Damen

In accordance with the agreed planning in the contract for the construction of a Damen SIGMA Frigate for the Indonesian Navy, the keel laying ceremony has taken place on April 16, 2014 at the PT PAL (Persero) Shipyard in Surabaya, Indonesia. The construction of the four modules that are going to


Concordia, Neste Sell Jointly Owned Tankers

Photo: Concordia Maritime

Concordia Maritime and Finnish Neste Oil have reached an agreement on the sale of the two jointly owned Ice Class 1A panamax tankers, Stena Poseidon and Palva. The buyer is Transport Maritime St-Laurent Inc. and the tankers are expected to be delivered in April/May 2014.


Maritime Activity Boosts in Search for Flight 370

Photo: Höegh Autoliners

The maritime industry has ramped up contributions to the worldwide search for Malaysia Airlines Flight 370 as an international team scours for signs of the Boeing 777 which went missing nearly two weeks ago with 239 people on board. Merchant and navy ships have recently helped to relaunch a


ASRY, ABB Industries Sign Agreement

ASRY signs ABB pact: (L to R) Magdy Mustafa, Nils Kristian Berge, John Fyfe

ABB Industries to open new workshop in ASRY, providing certified turbocharger expertise, global warranties, and onsite access to worldwide network Ship and rig repair specialist ASRY reports that it has signed a co-operation agreement with ABB Industries (LLC), Dubai


APR Energy Turbines to Power South Pacific Mining

The second large-scale power generation project announced by APR Energy in Asia Pacific region in the last month APR Energy, a company in fast-track power solutions, announced today the signing of a mobile gas turbine contract to provide fast-track power to an industrial customer in the South


Robert Allan Sign Tugboat Design Contracts in Netherlands

Contract signing: Photo Robert Allan

Robert Allan Ltd informs of the signing of two contracts during a recent Canadian Trade Mission to the Kingdom of the Netherlands. Details of the contracts are as follows: Contract for ART 80-32 The first signing covered the new ART 80-32, designed by Robert Allan Ltd


Euroseas Orders Two Drybulk Newbuilds

Euroseas signs new building agreements for the acquisition of two fuel efficient kamsarmax drybulk carriers and announces new acquisition for its joint venture Euromar. Euroseas Ltd., a Greek owner and operator of drybulk carriers and container vessels and provider of seaborne transportation


New Response Partner at Port of Long Beach

T&T Salvage, LLC announced the signing of a consent agreement with the Long Beach Fire Department (LBFD). This agreement permits T&T to include the LBFD's extensive marine firefighting resources in its emergency response network. T&T's network


NewLead to Acquire Two Panamax Dry Bulk Vessels

NewLead Holdings Ltd announced today that it has previously signed a term sheet with a leading financial institution to provide 75% debt financing for two second-hand Panamax vessels for a total of $35 million. The two vessels are expected to be delivered to NewLead's fleet within the next three


IMO, Bangladesh Target Improved Ship-recycling Standards

Photo: IMO

The International Maritime Organization (IMO) and the Government of the People’s Republic of Bangladesh have signed a landmark agreement to work together to improve safety and environmental standards in the country’s ship-recycling industry.


New dredging contract for Van Oord in Indonesia

 Van Oord has been awarded a contract for dredging and maintenance work for the western access channel to the port of Surabaya    in Indonesia. The client is Indonesian port company PT Pelabuhan Indonesia III (Persero). The contract is worth over EUR 50   


Drydocks World to Build Jack-Up Drilling Rigs

Image Courtesy Drydocks World

Drydocks World, an international service provider to the maritime, oil and gas and energy sectors, announced it has signed an Agreement with Malta Oil & Gas Ltd. for building two unique new jack-up drilling rigs based on Gusto MSC CJ54-X135-A design


 
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