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Contracts

MISC, Partners Secure Five Newbuild LNG Carriers

VLEC Seri Elbert. Photo courtesy MISC Berhad

MISC Berhad (MISC), through its wholly-owned subsidiary, Portovenere and Lerici (Labuan) Pte Ltd (PLL), together with its consortium partners, Nippon Yusen Kabushiki Kaisha (NYK), Kawasaki Kisen Kaisha, Ltd. (K-Line) and China LNG Shipping (Holdings) Limited (CLNG), have been awarded

Ingalls Awarded $2.4 Billion Deal to Build US Warship LHA 9

(Photo: HII)

HII’s Ingalls Shipbuilding has been awarded a $2.4 billion U.S. Navy fixed-price-incentive contract for the detail design and construction of amphibious assault ship LHA 9. The award includes options, that if exercised, would bring the cumulative value of the contract to $3.2 billion. Ingalls

Marlink Helps Drive Odfjell’s Digital Strategy

Image courtesy Odfjell

Marlink signed an agreement with Odfjell Management AS to provide seamless access to global enterprise and crew applications across 52 vessels. The contract includes 43 vessels managed by Odfjell Management Norway and another nine operated by Thome Management Singapore. Marlink will deploy its hybrid connectivity solution to the fleet,

WinGD's X-DF Engines to Power 25 QatarEnergy Newbuilds

WinGD’s latest generation of X72DF-2.1 engines with the new on-engine iCER. Image courtesy WinGD

WinGD’s X72DF-2.1 engines will power 25 vessels as part of the QatarEnergy’s North Field East (NFE) project. The 50 dual-fuel engines feature the new on-engine configuration of WinGD’s intelligent control by exhaust recycling (iCER) was released in May 2022, designed to provide improved fuel efficiency

Shareholders Approve SAAM's $1 Billion Terminals Sale to Hapag-Lloyd

(Photo: SAAM)

SAAM shareholders at an extraordinary shareholder’s meeting on Tuesday approved a deal valued at about $1 billion to sell 100% of the shares of its subsidiaries SAAM Ports and SAAM Logistics, as well as the real estate assets belonging to the logistics business, to the German liner shipping company Hapag-Lloyd.

Transnet Agrees Wage Deal with Majority Labor Union

© petert2 / Adobe Stock

South African state-owned logistics firm Transnet said on Monday it had agreed a three-year wage deal with the union representing the majority of its workers, ending a two-week strike that had hit commodities exports and piled up millions in losses."Transnet and the company's majority union

CMA CGM Inks Deal for Fleetwide Adoption of HydroPen Firefighting Tool

Image courtesy Viking

Viking Life-Saving Equipment secured a major order for its container fire-fighting tool HydroPen, following a decision by the CMA CGM Group to adopt the solution across its entire fleet.In 2020, CMA CGM ordered HydroPen sets to equip its larger containerships. The latest order means that CMA CGM will use the system on over 270 ships.

Phoenix Wins $112 Million Navy Contract

File photo: Derek Harkins / U.S. Navy)

Phoenix International Holdings Inc. announced it has been awarded a $112 million cost-plus-award-fee, indefinite-delivery/indefinite-quantity contract for worldwide undersea deep ocean search and recovery operations and engineering and technical support to the U.S. Navy Director of Ocean Engineering, Supervisor of Salvage and Diving (SUPSALV).

Crowley Wins Navy Contract Worth Up to $343.3 Million

(Photo: Crowley)

Crowley said it has been awarded a contract for the operation and maintenance of six government-owned Maritime Prepositioning Force (MPF) vessels, a unit of the U.S. Navy’s Military Sealift Command (MSC).Crowley Government Solutions will carry out the contract, providing crewing and sustained

Great Lakes Dredge and Dock Awarded Fire Island Dredging Contract

© kirkikis / Adobe Stock

Houston-based dredging contractor Great Lakes Dredge and Dock Co. has been awarded a contract from the U.S. Army Corps of Engineers to perform dredging near New York's Fire Island.Great Lakes was the sole bidder for $24,498,050 firm-fixed-price contract for construction of the Fire Island Inlet

Two Binding Bids for Greek Port

© giannis/AdobeStock

Greece received two binding bids for a majority stake in its northern port of Alexandroupolis, the country's privatizations agency HRADF said.The bidders for a 67% stake in the port were Quintana Infrastructure and Development through Liberty Port Holdings Single Member, and International Port Investments Alexandroupolis,

Seaspan Cancels Four-ship Newbuild Order

© Mariusz / Adobe Stock

Containership lessor Seaspan Corporation announced it has canceled an order for four containership newbuilds "due to certain conditions in the contracts not being fulfilled".The original order, which was announced in May, was for four 7,700 TEU dual-fuel liquefied natural gas (LNG) containerships

Shoei Kisen Kaisha ink deal for Fleetwide install of NavFleet

Shoei Kisen Kaisha - one of Japan’s largest shipowners and managers. Image courtesy Shoei Kisen Kaisha/NAVTOR

NAVTOR secured an agreement with Shoei Kisen Kaisha, Ltd., one of Japan’s largest shipowners and managers, to deliver the NavFleet application across itsfleet of managed vessels. Shoei Kisen, a part of Imabari Shipbuilding, Japan’s largest shipbuilder, will introduce NavFleet to the existing NAVTOR

Gaslog LNG Inks Deal to Use KDI's Vessel Insight Fleetwide

Image courtesy GasLog

Kongsberg Digital signed an agreement on the Vessel Insight infrastructure with Gaslog LNG, meaning the entire fleet, counting 35 vessels will be digitized.“Our goal is to limit the impact of our operations on the marine environment and minimize our emissions, while making LNG shipping reliable and profitable for our customers.

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