Contracts

Eni in touch with Italy State Holding Over Saipem

Italian oil and gas group Eni is in touch with cash-rich state holding Cassa Depositi e Prestiti (CDP) as it looks for ways to take the debt of its Saipem unit off its balance sheet,

Vulica Orders Clean-tech Solutions for Bulker Newbuilds

WE Tech Solutions Oy and China’s Jiangsu Hantong Ship Heavy Industry signed a contract for the delivery of two Direct Drive Permanent Magnet Shaft Generator solutions to a series of 6,

Ballast Water System Retrofits for 11 Containerships

Eleven container vessels owned by Bernhard Schulte GmbH & Co. KG, based in Germany, are to be retrofitted with Wärtsilä Aquarius Ballast Water Management Systems (BWMS), Wärtsilä announced today.

Glencore's South African Coal Unit will Resume

Glencore will provide financial support for its South African mining unit for a coal deal with power utility Eskom as the mine restarts supplying the commodity,

Oil Dips, Investors Await U.S. Jobs Data

Oil prices eased in Asian trade on Friday as investors turned cautious ahead of U.S. jobs data later in the day which is expected to play into the Federal Reserve's decision on the timing of any U.

Timing in Doubt on Hapag-Lloyd IPO

German container shipping group Hapag-Lloyd has taken further steps in preparation of a stock market listing and has mandated more banks for the move, but it remains

Asia Tankers-VLCC Rates Will See More Volatility

VLCC market to be "hot" in Q4 -VLCC broker. Freight rates for very large crude carriers (VLCCs) face a roller-coaster ride on uncertain cargo volumes and vessel

Rosneft, Japan Drilling Ink Vietnam Exploration Deal

Russian oil giant Rosneft said on Friday it had signed an agreement to drill offshore exploration wells in Vietnam with Japan Drilling Co. "We are expanding

Norway Approves Wintershall's Maria Field Development

Norway has approved BASF subsidiary Wintershall's plan to develop the Maria oil and gas field in the Norwegian Sea. Operator Wintershall has previously estimated the development to cost around 15.

Brent Slips Towards $50, Weak Demand Weighs

ECB cuts euro zone growth forecast to 1.4 percent. Commerzbank, Barclays, BNP Paribas cut oil price forecasts. Oil prices fell on Friday, pushing benchmark North

ICTSI Manila Starts Container Booking System

  The Manila International Container Terminal (MICT) in the Port of Manila has started implementing a vehicle appointment system called Terminal Appointment Booking

RORO Ops by NYK for Ford Plants in India

  In 2011, NYK Auto Logistics (India) Pvt. Ltd.(NALI)* was awarded a contract by Ford India for RORO terminal services of finished cars at Chennai and Ennore Port.

Sound Oil Appoints Cantor Fitzgerald as Sole Adviser

  Sound Oil, the Mediterranean focused upstream gas company, is pleased to announce the appointment of Cantor Fitzgerald Europe as the Company's sole broker with immediate effect.

Rosneft, Gazprom to Receive Four Arctic Fields

Ministry of the Environment sent to the government documents on the transfer of "Rosneft" and "Gazprom" licenses for the development of four more fields on the Arctic shelf,

Belfast Harbour Goes Live With KleinPort

  Saab has commissioned its first Port Management Information System in the UK. As of September 1st, 2015, Belfast Harbour Commission commenced live operations with its KleinPort system.

LaNaval Likely to Build Two LNG Fueled Ferries

  Shipping company Baleària and Shipyard Construcciones Navales del Norte – LaNaval have reached this week an Agreement - expected to be firm in two months - for

HII Wins $109.4mln U.S. Navy Contract

 Huntington Ingalls  has received a $109.4mln contract modification to carry out support services for the U.S. Navy’s nuclear submarines.   The company will work to engineer,

Proposed Shipping Legislation to Jeopardise$100-million Investment in Australia

 Australian-owned Bass Strait shipping operator SeaRoad Holdings has warned the Federal Government that its proposed Shipping Legislation Amendment Bill could jeopardise

Willard to Supply Patrol Boats for the Philippines

The U.S. Department of State awarded a contract to boatbuilder Willard Marine, Inc., to provide the Philippine National Police Maritime Group with patrol vessels

RYDLYME Marine Selects GoM Distributor

RYDLYME Marine has named R Carter & Associates, Inc. of Mobile, Ala. a new stocking distributor for the Gulf of Mexico area, targeting shipyards, larger workboats,

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