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Contract Management News

25 Mar 2024

Van Oord Doubles Profit, Announces New CEO

Source: Van Oord

Van Oord concluded 2023 with revenue reaching record high and profits more than doubled.The company saw revenue growth across both its Dredging & Infra and Offshore Energy business units, which resulted in a significantly revenue increase of 42% to EUR 2.9 billion from EUR 2.0 billion in 2022.Net profit doubled to EUR 127 million from EUR 60 million in 2022. High fleet utilisation and the continued sharp focus on risk and contract management contributed to the improved results.The order book increased by 3% to EUR 4…

24 May 2023

Waypoints Projects Launches to Provide Project Support and Training Services

Thomas van Tol, founder and director of Waypoints Projects (Photo: Waypoints Projects)

A new maritime and industrial project management firm, Waypoints Projects, has officially launched. Founded by Thomas van Tol, Waypoints Projects offers expert project support and training for businesses before, during and after projects. Van Tol started his career as a project manager at Damen, and over the years rose to project director, heading up large projects worth over €100 million  and 100 of staff. In 2020, he co-founded The Synergy Partner, a maritime consultancy firm focused on maritime project management…

17 Jan 2023

Wilhelmsen Ship Management Names Lin VP of Services and New Growth

Felina Lin (Photo: Wilhelmsen Ship Management)

Wilhelmsen Ship Management has appointed Felina Lin as its new Vice President of Services and New Growth.Responsible for growing the company's ship management’s service portfolio, Lin  will launch conventional and innovative services that supplement Wilhelmsen Ship Management's core business, the company said.Lin brings in over a decade of commercial experience from her role working in ship owner and ship manager for the offshore and marine segment. Having a full spectrum of all dimensions…

06 Jan 2023

What’s Next for Eastern Shipbuilding?

(Credit: Eastern Shipbuilding Group)

When Hurricane Michael slammed the Florida Panhandle in October 2018, the deadly category 5 storm inflicted billions in damages to the region, tearing apart homes and businesses in its path. Among those severely impacted was Eastern Shipbuilding Group, which suffered a nearly direct hit at its Allanton shipyard, located about 15 miles east of the company’s headquarters and main yard in Panama City.Eastern, which had been scheduled to begin building the first of up to 11 Heritage-class Offshore Patrol Cutters (OPC) for the U.S.

30 Mar 2022

Swire Energy Services Names Harrestrup Head of Commercial for Wind Division

 Jan Harrestrup. Image courtesy Swire Energy Services

Since the acquisition of ALL NRG in August 2021, Swire Energy Services Wind division has seen several new senior appointments, with the most recent being that of Jan Harrestrup as Head of Commercial.Leading the commercial team, Harrestrup will be responsible for global business development, contract management and sales, in addition to procurement and the general management of SES Danish entity, Swire Energy Services A/S.Prior to his appointment Harrestrup held the role of Head of Sales with B&R Automation Danmark.

02 Nov 2021

GE to Provide Propulsion Systems for the new French Navy Logistic Support Ships

(Image: Chantiers de l’Atlantique)

The first MV7000 drives for the LSS FLOTLOG program has successfully passed their Factory Acceptance Tests at GE Power Conversion Nancy Factory, reaching a first milestone for the new fleet of logistic support ships (LSS) of the French Navy.It follows the contract signed in 2020 between GE Power Conversion and Chantiers de l’Atlantique to provide systems for the four LSS to be built by the Shipyard for the French Navy, under the contract management of the Organisation for Joint Armament Co-operation (OCCAR)…

28 Jun 2021

New Workboat to Serve Ellis Island and the Statue of Liberty

A new utility/passenger vessel has been delivered and will soon go to work for the U.S. National Park Service (NPS) to serve Ellis Island and the Statue of Liberty.The all-steel newbuild, designed by New Orleans-based TAI Engineers, LLC, has been named Annie Moore after the first immigrant, a 15-year-old Irish girl, who signed the Ellis Island register."TAI has designed and built many boats and ships, but this project is particularly special to me," said Anil Raj, President of TAI. "My very first arrival to the United States was via New York in 1969.

08 Jan 2021

Munn Named VP and CFO of Ingalls Shipbuilding

Keith Munn (Photo: HII)

America's largest military shipbuilder Huntington Ingalls Industries announced Friday that Keith Munn has been promoted to vice president, business management, and chief financial officer for its Ingalls Shipbuilding division in Pascagoula, Miss.Effective February 15, Munn will be responsible for all financial management, contract management and business management functions at Ingalls, reporting to Ingalls Shipbuilding President Brian Cuccias. Munn replaces Tom Stiehle, who has…

14 Nov 2019

Wärtsilä Opens Support Center in Singapore

The new Wärtsilä Expertise Center in Singapore complements nine other such centers to provide instant global customer support (Photo: Wärtsilä)

Wärtsilä said it has established its latest Expertise Center (EC) in Singapore to provide support functions, including operational support and dynamic maintenance planning, for marine and energy customers.Together with nine other Wärtsilä EC units around the world, the new center supports Lifecycle Solution agreement customers with advice and recommendations based on the analysis of data from monitoring the condition and performance of the specified machinery.Based within the company’s Acceleration Center facilities…

25 Oct 2019

Naval Group Cuts Steel for First FDI Frigate

French industrial group specialized in naval defense Naval Group held a steel-cutting ceremony to mark the start of construction on the first-in-class vessel, the French Navy's first defense and intervention frigate (FDI)  that is natively protected against cyber threats.The ceremony was led in the presence of the Minister for Armed Forces, Florence Parly, the Head of the French Armament Directorate (DGA) Délégué général pour l’Armement, Joël Barre, the Chief of Staff of the French Navy Christophe Prazuck, the Chief of the Hellenic Navy Nikolaos.Sylvain Perrier, Naval Group Director of the FDI program declared during this event: “Today, after the successful completion of the initial studies and development phases, we are proud, to reach this first industrial milestone.

18 Mar 2019

V. Ships Leisure, Mystic Cruises Team Up

Photo: V. Ships Leisure

V.Ships Leisure, part of V.Group, a global marine support services provider, has partnered with Mystic Cruises to provide crew management services including deck, engine, and hotel crew for the 9,300 GRT ice-classed vessel World Explorer.The vessel, which is currently under the final stages of construction at WestSea Viana Shipyard in Portugal will be delivered to Mystic Cruises in Q2 2019. With capacity for 200 passengers, World Explorer will be Mystic Cruises’ first newbuild expedition vessel…

03 Mar 2019

Danaos Partners with iMarine Software

The international owner of containerships Danaos Corporation  has partnered with iMarine Software, fully integrating the maritime e-procurement solution 'SeaProc eProcurement' platform into their system.Danaos Web Enterprise Suite is a web-enabled maritime software suite that automates all the daily functions of any shipping company, said a press release from the developers of marine information systems.Combining comprehensive maritime domain knowledge with advanced technology expertise, Danaos provides maritime software for the ship owner, ship manager, broker, operator, charterer or accountant, it said.Danaos’ web-enabled software solutions encompass the full spectrum of the shipping industry’s processes…

07 Nov 2018

Steelhead Asia Appoints Marina Surzhenko as New Director LNG

Steelhead Asia, a unit of the Canadian LNG export project developer Steelhead LNG, said that Marina Surzhenko has taken the role of Director LNG.Based in Singapore, Marina is responsible for developing Steelhead’s business in Asia as well as leading the negotiations of LNG offtake contracts.Marina is an energy and investment management executive with 20 years of global experience in gas and LNG contracts negotiations and contract management. During her time at Shell and Gazprom, she worked on a wide range of gas and LNG infrastructure projects, as well as structured and negotiated multibillion dollar arrangements, LNG sales agreements…

27 Feb 2018

MBTA Welcomes New Addition to Boston Ferry Fleet

As part of a continued effort to invest in Boston-area water transportation, the Massachusetts Bay Transportation Authority (MBTA) recently welcomed a new high-speed catamaran ferry, Champion to its fleet with support from STV, a leading engineering, architectural, planning, and construction management firm. Champion is the first new passenger ferry vessel procured by the MBTA. It was also the first new water-borne vessel procurement supported by STV, which has a long-standing history of providing procurement support services for rail and bus vehicles to the MBTA and other transportation agencies throughout North America. The new ferry will provide service between Hingham, Hull, Logan Airport and downtown Boston.

09 Jan 2018

Crowley’s Solutions Group Reorganizes

Photo: Crowley

Crowley Maritime Corp.’s solutions group announced that it is reorganizing and establishing new leadership to better serve customers in need of engineering, project management and government services. Solutions is the company’s dedicated, full-service engineering, project management and government services team, reporting to Crowley’s Todd Busch, senior vice president and general manager, technical services. Jay Edgar, who is new to Crowley, has been appointed vice president and leader of the company’s newly formed engineering services team…

27 Nov 2017

Voices: Howard Fireman, SVP & CTO, ABS

Howard Fireman (Photo: ABS)

As industry increasingly evolves on the digital transformation path, inevitably the focus turns to the move toward cloud computing. Last month Maritime Reporter & Engineering News spoke with Howard Fireman, SVP and Chief Technology Officer of the American Bureau of Shipping (ABS) for take on how industry innovators – large and small – in the shipbuilding and marine equipment sectors are leveraging inherent advantages of cloud computing to better position themselves for the competitive long-haul.

25 Oct 2017

Brazil Delays Estimate for First Oil Cargo from Libra

Brazil on Wednesday pushed back its forecast for a first oil shipment from its promising offshore Libra prospect to the first quarter of next year, months after its previously projected October 2017 estimate made in May.   Hercules Tadeu F. da Silva, contract management director at Brazil's state-run Pre-Sal Petroleo SA, a company created to help guide development of Libra, declined to explain the cause of the delay. (Reporting by Simon Webb)

26 Apr 2017

Baltic Exchange Chief Outlines Growth Plan

Newly appointed Baltic Exchange Chief Executive Mark Jackson has set out the Exchange’s vision of the near-future in a wide-ranging speech in Singapore during the concurrent MPA Singapore Maritime and Singapore Iron Ore Weeks. “The recent acquisition of the Baltic Exchange by the Singapore Exchange (SGX) has reinvigorated this key international maritime institution, allowing us to grow our leadership profile and play a bigger role than ever before in setting standards, building consensus and leading change in the shipping markets. These are bold plans and will ensure that the Baltic Exchange remains at the heart of the bulk shipping industry for the long-term.

12 Dec 2016

Wärtsilä Helps Optimize Albacora's Fishing Fleet

Photo: Wärtsilä

Wärtsilä has signed a long-term Technical Management Agreement to optimize the performance of 10 of the Spanish company Albacora S.A.'s fishing vessels. The five-year agreement was tailored to meet the requirements of Albacora's fleet management, providing technical assistance and maintenance planning for fishing vessels operating around the world. Wärtsilä has previously provided Albacora with engines and propulsion systems as well as seals and bearings. The new agreement includes monitoring of the equipment as well as yearly audits…

23 Aug 2016

Grand Bahama Shipyard Adds Four Executives

Ian Edward Ross (Photo: GBSL)

Grand Bahama Shipyard Limited (GBSL), a Caribbean shipyard providing retrofit, refurbishment and revitalization to cruise and commercial vessels, has added four new positions to its executive team in 2016. Taking up the new executive positions are Ian Edward Ross, Don Keirce, Charles Nugent and Adrian Baboi. Ian Edward Ross joined GBSL July 2016 as VP of HSSEQ, bringing with him over 25 years’ practical experience delivering strategic and operational support to major organizations in the oil and gas, power generation and heavy construction and fabrication industries.

21 Apr 2016

First Methanol-fueled Tanker Launched

Launched at the Hyundai Mipo dockyard in Ulsan, South Korea, the newly built Lindanger is the world’s first methanol fueled ocean-going vessel. The ship is the first of two dual-fueled 50,000 dwt tankers owned by Norwegian firm Westfal-Larsen that will be chartered to global marine transportation company Waterfront Shipping. With a MAN designed Hyundai–B&W 6G50ME-9.3 ME-LGI dual-fuel, two-stroke engine on board, the Lindanger can run on methanol, fuel oil, marine diesel oil or gasoil. The Lindanger has been assigned the additional notation LFL FUELLED to demonstrate her compliance with the DNV GL rules for low flash point marine fuels.

30 Mar 2016

Helm Launches Software for Harbor Towage Sector

Helm Operations has launched new software Helm CONNECT Jobs, specifically designed to support tugboat owners and operators in a range of customer-facing tasks including contract management, tariffs, billing, dispatch and vessel logs. The Jobs software improves on the functionality of Helm’s program Helm Dispatch Manager for Harbor Towage, which is in constant use on around 400 vessels across the globe, and has been rebranded to reflect the transition to cloud-based storage. With Jobs, schedulers/dispatchers are doing much less data entry and have more time to focus on ensuring top-notch customer service. Management can view data in new ways either at a macro or micro level to make better business decisions.

25 Jan 2016

Armstrong Named VP MOL (America)

MOL (America) Inc. welcomed Ronnie Armstrong to the position of vice president, area operations. He leads MOL (America) Inc.’s vessel and equipment management, intermodal services, contract management, and cost control and planning groups for the United States and Canada and has functional accountability for operations in Mexico and the Caribbean. He reports to Richard Craig, President & CEO, MOL (America) Inc. Armstrong joins MOL (America) Inc. after 20 years in the container shipping industry, including experience serving as a head of intermodal operations along with responsibility for West Coast terminals. Armstrong earned his bachelor’s degree in business management from the University of North Texas and has served on the board of directors for the Pacific Maritime Association (PMA)…