Contracts

Anglo-Eastern Signs Turbocharger Maintenance Deal

MAN PrimeServ Turbocharger, part of MAN Diesel & Turbo’s service division, has signed a Premium Turbocharger Maintenance Contract with Anglo-Eastern Ship Management.

Electric & Hybrid Propulsion Ordered fir CMAL Ferry

Imtech Marine informs it has been awarded a third contract to supply the electric and hybrid propulsion system for a hybrid ferry operated by Caledonian Maritime Assets Ltd (CMAL) of Scotland.

Jee to Support Enhanced Oil Recovery Project

Aberdeen based Jee Ltd, an independent multi-discipline subsea engineering and training firm, has been awarded a contract from Amec Foster Wheeler for the front

Gunvor, Vitol With Lowest Offers for Pakistan Gasoline Tender

Oil traders Gunvor and Vitol placed the lowest offers for a tender by Pakistan State Oil Co seeking 600,000 tonnes of gasoline for delivery over May to August, industry sources said.

Asia Dry Bulk-Capesize Rates Mixed on Uncertainty

Capesize rates slide after hitting 5-month high. Rates for capesize bulk carriers eased this week after hitting their highest since December, and could come

North Sea Workers to Vote on Strike Action

Oil and gas workers in Britain's North Sea are to vote on strike action after unions and the Offshore Contractors' Association representing employers failed to

Ferry Firm DFDS Looks to Expand

Danish ferry and transportation firm DFDS is on the takeover trail, its chief executive said, after reporting its highest first-quarter operating profit on record

HSH Bank to Split Off Bad Shipping Loans

German lender HSH Nordbank could split off a "bad bank" for non-performing shipping loans as part of a plan to create a sustainable business model, according to a person familiar with the matter.

Oil Nears $66 on U.S. Inventories, Iraq Violence

U.S. crude stockpiles fall for third week; Islamic State attacks in Iraq support prices. Oil rose towards $66 a barrel on Thursday, gaining for a second day,

BG Takes Control of Australian LNG Production Site

British gas producer BG has taken full operational control of the first production facility, known as Train 1, at its Queensland Curtis LNG plant in Australia from builder Bechtel,

Damen to Refit RNLN Torpedo Ship

Damen Shiprepair & Conversion has won the contract for the life-prolonging maintenance and refit project of the Royal Netherlands Navy torpedo ship Zr Ms Mercuur.

Kalmar to Heighten STS Cranes of DP World Antwerp

  Kalmar, part of Cargotec, has been awarded the contract to heighten three Kalmar ship-to-shore (STS) cranes operated by DP World Antwerp Gateway NV. The order

NASSCO Bags USS Mitscher Maintenance, Modification Contract

  General Dynamics NASSCO, a business unit of General Dynamics has been awarded a $36.4 million contract for maintenance, modernization, and repair of the USS Mitscher (DDG 57).

Petrobras Inks $5b Funding Deal with Chinese Bank

Petrobras informs that it has signed with China Development Bank Corporation (CDB) a cooperation agreement for the years 2015 and 2016.   This agreement includes funding of $3.

CWind Wins Cable Pull-in Contract

CWind has won a contract to supply rigging and cable pull-in services to CT Offshore to support its cable laying project at DONG Energy’s Gode Wind 1 & 2 offshore wind farms, the company announced.

New Cargo Inspection Facility for Massport

Passport Systems, Inc. has began construction on a non-intrusive, cargo inspection facility at the Massachusetts Port Authority (Massport), Port of Boston, Conley

US Builder Secures Wind Farm Supply Vessel Order

Rhode Island based shipbuilder Blount Boats signed a contract with Rhode Island Fast Ferry for the construction of a crew transfer vessel (CTV) that will operate for Deepwater Wind Block Island,

Petrobras: Extra Fees Due When Oil Fields Commercialized

Brazilian state-run oil company Petroleo Brasileiro SA said on Wednesday it will only be required to pay for excess oil rights found in areas it bought from the

Shell, BP Decry Excessive Trading Regulation

Royal Dutch Shell joined fellow oil company BP on Wednesday in calling on European regulators to refrain from imposing stricter capital requirements and greater disclosure measures on oil trading.

Gail, Shell Negotiate U.S. LNG Supply Terms

India's Gail has signed a preliminary deal with Shell for the potential sale of liquefied natural gas (LNG) supply sourced from its portfolio, made up of U.S. production,

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