On Monday 10 June, Herkules signed an agreement to acquire Umoe Schat-Harding AS. The acquisition is being carried out in cooperation with the owners of Noreq AS, who, in parallel, are selling Noreq to Herkules and reinvesting a substantial amount in a new, joint holding company. The transactions are expected to be finalised the first [...]
On 7 June 2013, Denmark signed a cooperation agreement with Brazil strengthening cooperation in the field of maritime training and education. Director General of the Danish Maritime Authority Andreas Nordseth says: “I am very satisfied with the agreement, which strengthens cooperation between Denmark and Brazil. We have much to learn from each other and I [...]
GAIL (India) Limited and the Shipping of Corporation India Limited (SCI) yesterday signed a Memorandum of Understanding (MOU) to cooperate for transportation of LNG sourced by GAIL from USA. The MoU was signed in the presence of Shri B.C. Tripathi, Chairman & Managing Director, GAIL and Shri B.K. Mandal, Chairman & Managing Director and Director [...]
June 7, 2013 | Posted in
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The AdvanFort Company, a recognized global leader in maritime security solutions, has just signed on Axel Tuetken, the former country president in Tokyo for Maersk Line and Safmarine, as its business development director in Northern Europe, AdvanFort President William H. Watson said. “Axel Tuetken is largely responsible for the recent optimization of profitability for the [...]
Rolls-Royce Plc has signed a memorandum of understanding with Spanish shipping company Baleària, to design gas-powered propulsion systems for three of the company’s high-speed ferries, which currently run on diesel. Baleària, which operates ferry services between the Spanish mainland and the Balearic Islands, in the Strait of Gibraltar and The Bahamas Islands, is proposing the [...]
June 4, 2013 | Posted in
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TTS Group ASA has through its subsidiary TTS Offshore Handling Equipment AS signed a contract with a value of approx. 65 – 70 MNOK with Kleven Verft AS. This is the sixth contract with the Norwegian shipyard in the last 15 months. The contract concerns delivery of a 250 ton active heave compensated subsea crane [...]
May 31, 2013 | Posted in
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ABB, the leading power and automation technology group, signed a long-term Preventive Service agreement with China LNG Shipping International Co. Ltd (CLSICO) to provide maintenance services to all ABB equipment onboard of its six LNG vessels in the next five years. The contract commenced January 1, 2013. The new service agreement will help CLSICO with [...]
May 16, 2013 | Posted in
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Russian Maritime Register of Shipping (RS) has signed a plan approval agreement for a novel multipurpose nuclear-powered icebreaker with CKB ‘Iceberg’, JSC. As compared to the previous generation of Arctic icebreakers, the new nuclear-powered icebreaker features enhanced performance characteristics: power increased by 20% up to 60 MW and displacement increased by 1.7 times. Owing to [...]
Ghenova Netherlands Engineering B.V. announced its cooperation with Vicus Desarrollos Tecnológicos, S.L. On Friday 19th of April 2013 a MoU was signed between both parties. GNE is able to assist its clients with a more sophisticated scope during concept and the basic design phase with this cooperation. VICUSdt is a dynamic and innovating technological company. [...]
Diana Containerships Inc., a global shipping company specializing in owning and operating containerships, has announced that yesterday it signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement (MoA) to sell to an unaffiliated third party the 1990-built vessel Maersk Malacca (renamed “Malacca”) for demolition, with delivery due to the buyers by early June 2013, [...]