Contracts
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Maritime News
Petrobras Extends Contracts for DOF-TechnipFMC PLSV Duo
DOF Group has secured long-term contract extensions with Petrobras for the Skandi Buzios and Skandi Recife pipelay support vessels (PLSVs),…
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Maritime News
Refiners Sign Direct Contracts with PDVSA for Venezuelan Oil
Refiners and oil-producing firms in the U.S. and elsewhere are gaining market share in Venezuela’s crude as they sign direct…
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Maritime News
HaiSea Marine Awards Contracts for Escort Vessel, Terminal Tugboats
HaiSea Marine is expanding its fleet on BC’s North Coast and has placed orders for one new escort tugboat and…
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Port News
North Star secures contracts for 17 ERRVs
UK offshore vessel owner North Star has secured contracts for 17 emergency response and rescue vessels (ERRV) in its fleet…
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Port News
VLCC asset prices defy gravity as five-year-old tonnage trades above newbuild contracts
The Hormuz crisis has broken the tanker market’s age depreciation curve entirely, with five-year-old VLCCs now trading above the price…
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Port News
Are index-based shipping contracts a trap for BCOs?
Dr Raymon Krishnan, president of Singapore’s Logistics & Supply Chain Management Society, ponders the risks of index-based freight contracts. For…
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Maritime News
Panama Court Quashes CK Hutchison Port Contracts
Panama’s Supreme Court has annulled key port contracts held by a subsidiary of Hong Kong-based CK Hutchison, leaving the future…
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Maritime News
HII Names Daniel Marks Vice President of Contracts and Pricing at Ingalls Shipbuilding
HII announced that Daniel Marks has been appointed vice president of contracts and pricing at its Ingalls Shipbuilding division. Marks…
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Port News
Equinor awards $10bn in contracts for facility maintenance
Norwegian energy major Equinor has awarded framework agreements to seven supplier companies with a total value of nearly $10bn (NOK…
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Maritime News
Saipem Awarded Two Offshore Contracts in Saudi Arabia at $600m
Saipem has been awarded two offshore contracts in Saudi Arabia, known as Contract Release Purchase Orders (CRPO), under its existing Long-Term…
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