Mitsui O.S.K. Lines, Ltd. today announced the conclusion of a contract for a long-term liquefied natural gas (LNG) transport with Osaka Gas Co., Ltd. and Kyushu Electric Power Co., Ltd. As MOL has concluded the contract with Osaka Gas and Kyushu Electric Power, it will soon sign a contract with Mitsubishi Heavy Industries Co., Ltd. [...]
Air Products has signed an important supply agreement with leading shipyards Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering Co., Ltd (DSME). The contract covers delivery of nitrogen generator sets for use on the large-scale Australian offshore Ichthys LNG Project, and confirms Air Products’ position as a world leader in the liquefied natural gas [...]
Subsea 7 S.A. today announced that it has signed a contract to build a new heavy construction vessel which will be delivered in 2016. The new vessel will be one of the most capable heavy construction vessels in Subsea 7’s fleet of over 40 ships. She will be deployed globally to meet increasing market demands [...]
On Thursday, Petrobras signed contracts for 23 support vessels, as part of the 3rd Fleet Renewal Plan for Offshore Support Vessels. The units, type PSV 4500 and OSRV 750, fulfill 60% local content requirements and will be built in Brazil. Prices presented were competitive, given expected metrics and budgets. This was the 4th Round of [...]
Following a six-year acquisition program, the Government of the Bahamas has announced the signing of a Letter of Intent to acquire 9 vessels for the Royal Bahamas Defence Force. The contract has been placed with Damen Shipyards Group, headquartered in Gorinchem, the Netherlands. In announcing the contract, the Minister of National Security, the Hon. Dr. [...]
Jaheziya, a Tawazun subsidiary which provides technical, vocational and professional training for intra-agency, interagency and multi-agency operations in the fields of safety, security and disaster management – has signed a Memorandum of Understanding with the National Maritime College of Ireland (NMCI) for cooperation in maritime related training and education programs. The MOU provides for joint [...]
Inmarsat, provider of global mobile satellite communications services, has signed an agreement with NSSLGlobal Ltd, appointing the independent service provider for satellite communications solutions as a Value Added Reseller (VAR) of Global Xpress (GX) for the maritime market. GX will provide the shipping industry with the first global, superfast broadband service with speeds up to [...]
Diana Shipping Inc., a global shipping company specializing in the ownership and operation of dry bulk vessels, today announced that it has entered into a time charter contract with Rio Tinto Shipping Pty, Ltd., Melbourne, Australia, through a separate wholly-owned subsidiary, for one of its Panamax dry bulk carriers, the m/v Melia. The gross charter [...]
On February 14th, five power generation subsidiaries of the Korea Electric Power Corp., including Korea Midland Power and Korean Southern Power, signed an 18-year contact with four local shipping companies for the delivery of their coal imports, the energy source to fuel thermal power plants nationwide. The shipping companies are Hyundai Merchant Marine, STX Pan [...]
GC Rieber Shipping ASA has entered into a charter agreement with Ceona Services (UK) Limited (“Ceona”) for its high capacity subsea newbuild for a fixed period of 5 years, with options for up to five years. The vessel will commence working for Ceona immediately upon delivery from Ulstein Verft in the first quarter of 2014. [...]
