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Contracts News

16 May 2024

Babcock, Saab team on Future Navy Ships

Image courtesy Saab

Babcock International Group (Babcock) was selected by Saab to support the design for the development of the Swedish Navy’s new Luleå-class Surface Combatant.Saab, commissioned by FMV, the Swedish Defence Materiel Administration, will design four ships for the Swedish Navy.Babcock will initially provide engineering support including structural design and auxiliary systems, supporting Saab to complete the basic design phase.

14 May 2024

DFDS to Invest $1.2 Billion in Six Battery Electric Ships

Image courtesy DFDS

DFDS said it will invest $1.2 billion in six battery electric vessels for operation in the English Channel, to be deployed on the Dunkirk-Dover and Calais-Dover routes to carry passengers and freight between the U.K. and the European Union.The first two electric vessels will be in operation by 2030, while the rest are expected to follow before 2035, the company said.“This is an important step towards decarbonizing cross-Channel transport," said Torben Carlsen, CEO of DFDS.In April…

08 May 2024

Kongsberg Thrusters for Six Tunisian PA Tugs

Image courtesy Kongsberg Maritime

Kongsberg Maritime won a contract to supply azimuth thrusters to Turkish shipbuilder Med Marine, to power six new sterndrive tugs for the Tunisian port authority OMMP.The new tugs, of Robert Allan RAstar 2800 series design, are designed for a range of towing and harbor operations in Tunisian ports.Kongsberg Maritime will supply a pair of its US205 FP azimuth thrusters to each of the six 28-m vessels. The thrusters feature 2.8-m, fixed pitch propellers which will deliver efficient operation and enhanced maneuverability…

26 Apr 2024

d'Amico Orders Two Product Tankers for $111m

d’Amico International Shipping S.A. subsidiary d’Amico Tankers D.A.C. signed a shipbuilding contract with Jiangsu New Yangzi ShipbuildingCo., China, for the purchase of two (2) new Long Range (LR1 – 75,000 DWT) product tanker vessels at a contract price of $ 55.4 million each. The ships are expected to be delivered in September and November 2027, respectively.Today the DIS’ fleet comprises 34 double-hulled product tankers (MR, Handysize and LR1, of which 26 owned, 5 chartered-in and 3 bareboat chartered-in) with an average age of about 8.8 years for its owned and bareboat chartered-in vessels.“This deal is aligned with our strategic objective of controlling a very modern fleet," said Paolo d’Amico, Chairman and CEO of d’Amico International Shipping.

26 Apr 2024

Guangzhou Port Group’s e-tug to Sport Schottel Propulsion

Image courtesy SCHOTTEL

SCHOTTEL will equip Guangzhou Port Group’s latest e-tug with two RudderPropellers type SRP 360 in the LE-Drive variant. The new harbor tug measures 37.9 x 10.5m and will be mainly used for berthing assistance, escorting and towing in the Port of Guangzhou, China. Each SRP has an input power of 1,500 kW and a propeller diameter of 2.2m. The 360-degree steerable thruster combines maximum maneuverability and bollard pull with outstanding efficiency during free sailing, providing…

24 Apr 2024

AUKUS Sub Contract Props Up Australian Steelmaker Shares

Copyright 2D/AdobeStock

Australian steelmaker Bisalloy shares have risen some 40% since December 2023, powered by defence deals signed as part of the AUKUS nuclear submarine deal between Australia, Britain and the United States.Defence contractors large and small are looking at the $237 billion plan to build Australia a fleet of nuclear-powered submarines as a decades-long source of work. Australia will build the vessels to a British design with U.S. technology.Bisalloy said earlier this month it had signed a deal to sell a shipment of steel to part of U.S. shipbuilder Huntington Ingalls Industries, maker of the U.S.

24 Apr 2024

Naval Group Submarine Win Contested by Thyssenkrupp

Copyright newb1/AdobeStock

Thyssenkrupp appealed against a decision by the Netherlands last month to award a contract worth billions of euros to build submarines to France's Naval Group, the German company said.Thyssenkrupp Marine Systems (TKMS), the German conglomerate's defence division, filed the objection with the District Court in The Hague in late March, the company said in an e-mailed statement."This measure is a professional business procedure in such publicly tendered major projects and part of the competition - especially in light of the questions that remain unanswered regarding specific evaluation criteria…

25 Mar 2024

QatarEnergy Inks Nakilat Deal for Operation of 25 LNG Ships

Image courtesy QatarEnergy

QatarEnergy signed time-charter party (TCP) agreements with Qatar Gas Transport Company Limited (Nakilat) for the operation of 25, 174,000 cubic meter LNG vessels as part of the second ship-owner tender under QatarEnergy’s historic LNG Fleet Expansion Program.The agreements were signed by His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy and Mr. Abdullah Al Sulaiti, the CEO of Nakilat, in a special ceremony held at QatarEnergy’s headquarters in Doha…

18 Mar 2024

GE Vernova Notches Singapore Navy Win

GE Vernova’s Power Conversion business was awarded a contract by Singapore shipbuilder ST Engineering Marine Limited to supply its Ship’s Electric Grid with Integrated Full Electric Propulsion (IFEP) equipment for the Republic of Singapore Navy’s six-ship Multi-Role Combat Vessel (MRCV) program.The six MRCVs will be the first IFEP-powered vessels for the Republic of Singapore Navy (RSN) and will replace its fleet of mechanical drive Victory-class missile corvettes, which have been in service since 1989. Delivery of the electric propulsion systems for the new ships is planned over the next 10 years.GE Vernova’s Ship’s Electric Grid includes all generators…

27 Feb 2024

Constucution Starts on 10 Incat Crowther Ferries for Majestic Fleet

Image © Incat Crowther

Singapore’s Majestic Fast Ferry Pte Ltd has commissioned Incat Crowther to design a new second generation 39-m passenger ferry as the basis of its future fleet. Incat Crowther’s range with PT Cahaya Samudra covers four vessels lengths; 29-, 32-, 39- and 42-m.

22 Dec 2023

Austal USA Wins USN Contract

Austal USA received an $867.6 million undefinitized contract award (UCA) for final design and construction of three Expeditionary Medical Ships (EMS) from the U.S. Navy. Image courtesy Austal USA

Austal USA received an $867.6 million undefinitized contract award (UCA) for final design and construction of three Expeditionary Medical Ships (EMS) from the U.S. Navy. The EMS will be manufactured in Austal USA’s aluminum manufacturing line following completion of the last Expeditionary Fast Transport (EPF 16).The Expeditionary Medical Ship (EMS), an Expeditionary Fast Transport (EPF) variant, is a cost-effective design providing a dedicated medical ship optimized to provide patient holding, stabilization, evacuation and transport in support of Distributed Maritime Operations (DMO).

19 Dec 2023

Höegh Autoliners to Deploy Marlink Hybrid Network

Höegh Autoliners' new Aurora Class. Image courtesy Höegh Autoliners

Marlink said it will deploy its guaranteed bandwidth hybrid network solutions to the Höegh Autoliners fleet. Already a customer using remote IT service, support and maintenance from Marlink, Höegh Autoliners will adopt Marlink’s hybrid network solutions, blending high throughput VSAT with L-band backup and 4G/5G services. The managed network solution also includes Marlink’s Unified Threat Management (UTM)  cyber security service. The company will also evaluate the Low Earth Orbit (LEO) services entering the maritime industry…

14 Dec 2023

CCUS: Bernhard Schulte Orders Its First CO2 Tanker

Two of the four sister vessels are already under construction at Dalian Shipbuilding Offshore. Image courtesy Bernhard Schulte

Bernhard Schulte ordered its first CO2 tanker, a newbuild to be constructed at Dalian Shipbuilding Offshore (DSOC) and to showcase technologies designed to reduce its carbon footprint. Planned for delivery in 2026, the ship is committed to a long-term time charter agreement with Northern Lights.The newbuilding ordered now is the first ship of this type for the Bernhard Schulte fleet and the fourth CO2 carrier for Northern Lights. The joint venture, owned by Shell, TotalEnergies and Equinor…

13 Dec 2023

Three Winners for Japan's 2nd Offshore Wind Power Tender

Copyright pixardi/AdobeStock

Japan's industry and land ministries on Wednesday picked three consortia, including one featuring Germany's RWE and its partners, to operate offshore wind farms in the second round of a public auction. They said they would award a fourth wind farm that was part of the tender at a later date.The results of the second major round under a new law to promote wind power were closely watched by energy companies at home and abroad, after the first round was dominated by Mitsubishi Corp.Japan's…

13 Dec 2023

DEME wins Saudi Arabia Dredging Contract

(Image: DEME)

A consortium of Saudi Archirodon and DEME has been awarded the second phase of transformation work for the Port of NEOM, the primary seaport of entry to northwest Saudi Arabia.Based in Oxagon, Port of NEOM is located along the coast of the Red Sea and is adjacent to the nearby Suez Canal, through which 13% of global trade passes. The port will be a critical enabler to the overall build, operations and economic ambitions of NEOM, facilitating the import of goods and materials during the development phase and as a new global port serving the region.The project will commence in December 2023.

11 Dec 2023

Vard inks Deal on $200m Hybrid Cable Layer

Vard, the Norwegian subsidiary of the Fincantieri Group, signed a contract for $200m to design and build a customized hybrid cable-laying vessel for Japan's Toyo Construction. Image courtesy Fincantieri

Vard, the Norwegian subsidiary of the Fincantieri Group, signed a contract for $200m to design and build a customized hybrid cable-laying vessel for Japan's Toyo Construction.The hybrid cable vessel will have a design specifically developed for custom needs to meet the growing Japanese offshore wind farm market and will also be able to operate worldwide. It will have an optimal hull design to suit natural and construction conditions in Japan, allowing it to be used in both shallow…

29 Nov 2023

CMB.TECH, Boeckmans to Build Four Hdrogen-Powered Cargo Ships

Image courtesy CMB.TECH-Boeckmans

CMB.TECH and Boeckmans will build four hydrogen-powered 5.000-dwt general cargo vessels with reduced greenhouse emissions.The first vessel is expected to be delivered in the second half of 2025. The vessels will be built at the Dung Quat shipyard in Vietnam and will be deployed on major sea routes, including northern Europe, the Mediterranean, North Africa and West Africa.The general cargo vessel, designed jointly with Handelskade, will contain diesel-electric engines placed under the ship's forward accommodation.

28 Nov 2023

Wabtec, Marinsa Win 20-Engine Deal for New Panama Canal Tugboats

Wabtec Corporation and Latin American Channel Partner, Marinsa International, signed a contract to supply the primary power for 10 new hybrid tractor tugboats for the Panama Canal Authority (ACP). Wabtec will deliver two 8L250MDA marine engines for each tugboat. Image courtesy Wabtec

Wabtec Corporation and Latin American Channel Partner, Marinsa International, signed a contract to supply the primary power for 10 new hybrid tractor tugboats for the Panama Canal Authority (ACP). Wabtec will deliver two 8L250MDA marine engines for each tugboat.“Wabtec is delighted to power the new hybrid Panama Canal tugs with the 8L250MDA marine engines,” said Tammy Gromacki, Wabtec’s Vice President of Marine, Stationary and Drill. “We are honored, through our partnership with Marinsa…

09 Oct 2023

Van Oord contracts Jumbo Offshore

Image courtesy Jumbo Offshore

Jumbo Offshore was contracted by Van Oord for the transport and install of transition pieces for the Baltic Eagle offshore wind project in the German Baltic Sea. Operations on the project are to commence in October 2023.Under the contract, Jumbo Offshore will be responsible for transportation and installation (T&I) of transition pieces from the marshalling yard to the offshore wind farm site. “To date, Jumbo Offshore has transported and installed over 400 transition pieces with our DP2 heavy lift vessels,” said Brian Boutkan, Manager Commerce at Jumbo Offshore.

04 Oct 2023

Glas Ocean Electric Snags DARPA Contract

Image courtesy Glas Ocean Electric

The United States Defense Advanced Research Projects Agency (DARPA)  awarded Halifax, Nova Scotia, Canada-based Glas Ocean Electric a contract to develop and demonstrate a low-cost data acquisition system that can be easily installed on a range of vessels including fishing vessels, workboats, ferries and pleasure craft.Glas Ocean Electric’s PerforMarine is a platform that collects vessel and environmental data and then, using artificial intelligence, helps operators optimize vessel performance…

19 Sep 2023

MISC Sells LNG Carriers to Japanese Owner

MISC was represented by Mr Hazrin Hasan, MISC’s Vice President Gas Assets & Solutions (3rd from left) and Ms. Meei Wong, Head of Transformation (4th from left), with Nissen Kaiun represented by Captain Katsuya Abe, President of Nissen Kaiun (2nd from left). Witnessing this momentous occasion was Mr Yuichiro Nishikawa, General Manager, Mitsui & Co Ltd (1st from left). Photo courtesy MISC

MISC Berhad (MISC) entered into an agreement with Japanese ship owner, Nissen Kaiun Co., Ltd. (Nissen Kaiun) for the sale and charter of two of its existing LNG carriers.MISC will transfer ownership of the LNG carriers to Nissen Kaiun, and simultaneously enter into a charter agreement with Eaglestar and Synergy Marine as the shipmanagers.The first of the two vessels is expected to be delivered to Nissen Kaiun in the fourth quarter of 2023.

18 Sep 2023

Shallow Water, No Problem: HGK Orders Gas Tanker with "Special Dimensions"

Technical drawing: a 3D ship’s drawing of the ‘GAS 96’. Source: HGK Shipping

Optimized to deal with shallow water levels, a diesel-electric drive system and an extra-wide design for the vessel are the main features of a gas tanker that HGK Shipping ordered from the Dutch shipyard, De Gerlien Van Tiem, on September 15, 2023. The latest addition to the fleet will enable the Duisburg, Germany inland shipping company to maximize cargo carriage even if water levels are low. “GAS 96” has been developed in close cooperation in line with the requirements of two large chemicals companies in the Netherlands and Germany.

03 Aug 2023

Fincantieri, CABI ink pact on Subsea Warfare Vehicles

Fincantieri and C.A.B.I. Cattaneo (CABI), a company in the design, development and supply of underwater vehicles for the Special Forces of the Navy, have signed a Memorandum of Understanding (MoU) for the evaluation of commercial and industrial cooperation in the field of underwater vehicles and related integration with larger units.The agreement was signed in the presence of Admiral Enrico Credendino, Chief of Staff of the Navy, by Pierroberto Folgiero and Alberto Villa, respectively Chief Executive Officer of Fincantieri and CABI.The MoU will make it possible to integrate underwater vehicles on Fincantieri's surface and underwater units.