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New Agreement

SpeedCast Partners to Expand Satellite Mobility Portfolio

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SpeedCast International Limited has established a distributor agreement with Thuraya Telecommunications Company, a Mobile Satellite Services (MSS) operator.  The new agreement brings new options for satellite mobility solutions for SpeedCast’s global customer base and expands SpeedCast’s mobility product portfolio. Under the agreement, SpeedCast will now have access to Thuraya’s portfolio of innovative mobile satellite products and services, including Thuraya SatSleeve, XT satellite phones, land and maritime broadband terminals.  The agreement further allows SpeedCast to distribute Thuraya mobile satellite products and services throughout its reseller and end-user customer base.  The expanded portfolio will offer SpeedCast’s customers with an even broader range of solutions to meet their communication requirements, particularly for the maritime, energy and enterprise sectors. “The agreement between Thuraya and SpeedCast will expand our portfolio in the MSS arena,” said Andrew Burdall, Vice President of Strategic Business Development, SpeedCast.  “The provisioning of mobile satellite services, together with our core VSAT services, allows SpeedCast to be a one-stop shop for our customers.  This development will be especially beneficial for our customers located in the Middle East and African regions, where Thuraya’s network has good penetration.”


Raytheon Anschütz, Wärtsilä Supply Agreement

The German navigation system supplier Raytheon Anschütz has signed a new agreement with Wärtsilä Corporation, Finland. According to the new agreement, Raytheon Anschütz will supply their Integrated Bridge Systems for Wärtsilä’s total ship system solutions. “We see an increasing demand for larger ship solutions including machinery, automation and navigation", said Andreas Lentfer, Business Development Director at Raytheon Anschütz


Viking to Upgrade, Service Topaz Life Rafts

Caspian Protector

Topaz Energy and Marine, an offshore support vessel (OSV) company, and marine and fire safety equipment company VIKING Life-Saving Equipment has jointly announced the signing of a multimillion dollar, 10-year life-raft servicing agreement. Under the terms of the contract, Viking will upgrade all of Topaz’s current life rafts and manage the ongoing servicing and certification of Topaz’s life raft fleet. “This agreement significantly enhances our ability to operate safely


Manitowoc Reaches Agreement On Options for Lighterage System

The Manitowoc Company, Inc. announced that it has signed a contract with the Naval Facilities Engineering Command, Department of the U.S. Navy, on options for the Improved Navy Lighterage System (INLS). The Navy selected Manitowoc Marine Group in 2003 to build the INLS, and the first unit was delivered in the third quarter of 2005. The new agreement calls for option deliveries over the next five calendar years with an approximate value of $360 million.


OSG's FSO Joint Venture signs New Agreement

Overseas Shipholding Group, Inc. has announced that a new service agreement has been signed with Maersk Oil Qatar AS ("MOQ") for FSO Africa, a floating storage and offloading service vessel (FSO) jointly owned by OSG and Euronav N.V. (Euronext Brussels: EURN).  The new agreement, which supersedes the previous FSO Africa contract, has a firm term of five years commencing October 1, 2012 and provides MOQ with an extension option for an additional term of either one or two


Rem Offshore Extends Veripos Positioning Contract

Photo courtesy Rem Offshore

Aberdeen-based Veripos, suppliers of high-precision GNSS positioning services for offshore applications, is to provide dedicated positioning support for a number of Platform Supply vessels (PSVs) operated by Rem Offshore, the specialist Norwegian company which maintains a global fleet of ships. Under the new agreement, which extends present contract arrangements between the two companies, Veripos will provide the PSVs with a combination of its proprietary Standard and Standard2 GNSS data


Marlink Contract with Grimaldi Group

Satellite communications provider Marlink has signed a new contract with Italian Shipping Company the Grimaldi Group. The new agreement, secured during this year's Nor-Shipping, includes delivery and installation of Marlink's Sealink Ku-band services onboard six Grimaldi passenger vessels operating throughout the Mediterranean. Marlink is one of few maritime satellite communications providers to have obtained general authorizations issued by the Italian Government for use with its Italian


Aussie Tug Engineers take Deal, Cancel Strike

Tug engineers withdrew plans to strike at Port Hedland, Australia's biggest iron ore port, tug operator Teekay Shipping said on Thursday, removing a threat to exports from BHP Billiton and Fortescue Metals Group Ltd. The Australian Institute of Marine & Power Engineers (AIMPE) a day earlier had given notice of a four-hour stoppage to come on Nov. 22, after rejecting an enterprise agreement offering additional annual leave and three annual 2 percent wage hikes.


NAO, Vard Push Back PSV Deliveries

Nordic American Offshore Ltd. (NAO) informs that it has agreed with the Norwegian based Vard Aukra shipyard to extend the delivery of two platform supply vessel (PSV) newbuildings, originally scheduled to be delivered in mid-2015.   Under the new agreement, the ships are scheduled to be delivered during the first quarter of 2016 when NAO will take ownership.   The vessels are fully financed and the manufacturing process is developing satisfactorily, NAO said


Aker and Vryhof Anchors Extend Agreement

Aker Marine Contractors, Inc. (AMC), a subsidiary of Aker Maritime Inc, and Vryhof Anchors BV (Vryhof) have signed a Letter of Intent to extend their cooperation agreement through their U.S.-based joint venture company, TACP/Aker LLC. The companies currently hold considerable market share in their respective businesses. In addition to the Gulf of Mexico, considerable potential is seen in the newly developing deepwater markets offshore Brazil, West Africa and other areas of the world


Optimarin, Goltens Ink Spare Parts and Service Deal

Tore Andersen (Photo: Optimarin)

Optimarin informs it has signed an agreement with Goltens Green Technologies giving the Norwegian-headquartered ballast water treatment (BWT) specialist a global network of spare parts warehousing and service engineers. The framework agreement, negotiated at this month’s Nor-Shipping


Belships Signs Ultramax Deal with Imabari

Photo: Belships ASA

 Belships ASA, a bulk ship operator and management company, has signed an agreement to charter in an Ultramax bulk carrier of 63,000 dwt to be delivered from Imabari Shipbuilding first half 2020.    The charter period will be for minimum 8 years plus two yearly options


Wärtsilä, Maran Gas Extends Maintenance Contract

The technically advanced LNG installations require professional maintenance to ensure operational reliability. Wärtsilä will provide maintenance to Maran Gas Maritimes 21 TFDE LNG carriers. (Photo: Wärtsilä)

 Wärtsilä and Maran Gas Maritime (MGM) extend their current cooperation with a five-year maintenance agreement covering the maintenance of MGM's 21 TFDE (tri-fuel diesel electric) LNG carriers that are equipped with Wärtsilä 50DF engines.   


ENGIE, AES to Expand LNG Partnership to Central America

ENGIE and The AES Corporation have agreed to enter into a joint venture to market and sell liquefied natural gas (LNG) to third parties in Central America.   The joint venture will utilize the Costa Norte LNG terminal currently under construction in Colón, Panama


Cosco Delays Delivery of Jack-up Rigs for Northern

Photo: COSCO Shipyard Group

 Cosco (Dalian) Shipyard, subsidiary of Cosco Shipyard Group, has reached an agreement with Bermuda-based rig owner Northern Offshore to further delay the delivery dates of two jack-up drilling rigs amid challenging offshore drilling market.   


Oldendorff Driving Digital Transformation

Photo: Oldendorff Carriers

Oldendorff Carriers and BMT SMART, a subsidiary of BMT Group, announce a new agreement which has led to the roll out of fleet performance management technology onboard Oldendorff vessels. Based on BMT’s on board data collection system and bespoke shore based management solution SMARTFLEET


FMC's Doyle OKs Boxship Pact

Photo: HMM

Carriers are integral to the supply chain; shippers should review their options with all ocean carriers Commissioner William P. Doyle of the Federal Maritime Commission issued the following statement today, Agreement to go into effect March 30, 2017.  


Hapag-Lloyd, Inmarsat Ink Fleet Xpress Deal

Image: Inmarsat

 Global mobile satellite communications services provider Inmarsat has signed a five-year contract with Hapag-Lloyd to migrate all ships directly managed by the shipping line to services enabled for Fleet Xpress.   Hapag-Lloyd, the sixth largest container shipping operator in the world


Port Everglades, Royal Caribbean Sign MOU

Broward County's Port Everglades has negotiated a Memorandum of Understanding (MOU) that provides the framework for a new long-term business agreement with Royal Caribbean Cruises, Ltd. (RCL) that will include complete, customized renovations of the Port's Cruise Terminal 25 targeted for


Tototheo Commits 1,500 Vessels to Fleet Xpress

L-R Socrates Theodossiou, Managing Director, Tototheo Group Ltd, Ronald Spithout, President, Inmarsat Maritime and Despina Panayiotou Theodosiou, Managing Director Tototheo Group Ltd Photo Inmarsat

Satlink Satellite Communications has entered into a new agreement with Inmarsat to integrate Fleet Xpress into Satlink’s existing service portfolio. Through the agreement, Satlink will bring more than 1,500 vessels to the Fleet Xpress service over a five-year period.


USCG-approved Optimarin Sees Order Influx

Image: Optimarin

Optimarin has signed a new agreement with Fincantieri Bay Shipbuilding (FBS) in Sturgeon Bay, Wis. for the delivery of two 500 m³/h capacity Optimarin Ballast Systems (OBS). The contract, identical to one secured last year, comes at a busy time for the Norwegian ballast water treatment (BWT)


EMGS Inks Charter for BOA Thalassa

BOA Thalassa Photo EMGS

Electromagnetic Geoservices ASA (EMGS) has signed a new charter agreement for the vessel BOA Thalassa with BOA SBL AS (owner of the vessel) at new and improved commercial terms. The new terms are valid through 1 October 2019 with an option to extend the new agreement through 1 April 2021


Carnival to Build Two New Cruise Ships with Fincantieri

File Image: A Carnivval Cruiseship underway at sea (CREDIT: Carnival)

Two new ships to be built for company’s Holland America Line and Princess Cruises brands will help meet growing demand for cruise vacations and enhance the fleet.   Carnival Corporation & plc announced that it has signed a memorandum of agreement with Italian shipbuilder


ISS Expands Business with Team Tankers International

Inchcape Shipping Services (ISS), the world’s leading maritime and logistics service provider, has greatly expanded its European business with Team Tankers International with a new port agency contract across the region.   Under the new agreement with the chemical tanker specialist


Long Beach Approves MSC's Bid for Hanjin Terminal

Photo: Port of Long Beach

The Port of Long Beach’s Harbor Commission on Wednesday approved an agreement to replace the bankrupt operator of its largest cargo terminal. The Long Beach Board of Harbor Commissioners greenlighted the move by a subsidiary of Mediterranean Shipping Co






 
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