Wednesday, November 20, 2013
wake ship propulsion waves

Ship Speed And Consumption Disputes – How Are They Resolved?

Owners and Charterers enter into an agreement known as the ‘charter party’, which is the contract specifying many things, including a ‘performance clause’. This is usually found in the additional...

November 20, 2013
Total Views: 610

Friday, August 10, 2012
petrobras logo

Petrobras Makes it Official, Signs Charter Agreement for 9 Drillships

Petrobras announced today they have signed contracts with Sete Brasil, Odebrecht and Etesco to charter and operate nine drillships. These ships will be built in Brazil by Singaporean shipbuilders, Keppel...

August 10, 2012
Total Views: 4

Thursday, July 5, 2012
diana shipping logo

Diana Shipping Gains New Time Charter Contract for Capesize Bulker, M/V Salt Lake City

ATHENS, GREECE – Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership and operation of dry bulk vessels, announced today that it has entered into a...

July 5, 2012
Total Views: 4

Monday, July 2, 2012
us department of defense

Wicked Payday for American Shipping Companies

Maersk Line Limited, and 10 other US-based shipping companies were awarded nearly $5.9 billion in contracts today by the US Department of Transportation for “international and intermodal distribution services.” The...

July 2, 2012
Total Views: 6

Wednesday, June 27, 2012

Atlantic Offshore Wins Four Year Deal for New Emergency Response Vessel

Norway’s Atlantic Offshore said Wednesday that it has been awarded a four-year service contract with French energy major Total for the use of a new Emergency Response and Rescue Vessel...

June 27, 2012
Total Views: 2

Tuesday, August 2, 2011
BorWin Alpha ABB offshore wind
Engineering News

ABB wins $1,000,000,000 offshore wind contract

HVDC Light transmission link will connect North Sea wind farms to German power grid Zurich, Switzerland, Aug. 2 2011 – ABB, the leading power and automation technology group, has won...

August 2, 2011
Total Views: 80

Saturday, July 30, 2011
subsea 7 gorgon project installation

Gorgon Project: Subsea 7 wins $440M installation contract offshore Australia

Norwegian seabed-to-surface engineering and construction contractor Subsea 7 SA (SUBC.OS) Friday said it has won a $440 million contract from Chevron Australia Pty Ltd. (CVX) for the Gorgon natural gas...

July 30, 2011
Total Views: 2

Thursday, July 14, 2011
sembcorp marine

Sembcorp Marine: Unit Secures Contract Worth Close To S$600M

  SINGAPORE (Dow Jones)–Sembcorp Marine Ltd. (S51.SG) said Thursday its unit, SMOE Pte. Ltd., has secured a contract close to S$600 million to construct an offshore production platform that will be installed...

July 14, 2011
Total Views: 4

Monday, June 13, 2011

Saipem secures E&C Offshore contracts worth in excess of $1 billion

Saipem has been awarded new E&C Offshore contracts in Egypt, in the North Sea and in Russia, worth in excess of $1 billion. In Egypt, Burullus Gas Company awarded Saipem...

June 13, 2011
Total Views: 2

Tuesday, May 17, 2011

Andarko Locks Down Two Diamond Newbuild Drillships in $1.8 Billion Contract

Diamond Offshore Drilling Inc. (DO) signed two drilling contracts with Anadarko Petroleum Corp. (APC) that are expected to generate up to $1.8 billion in revenue. The contracts represent 10 years...

May 17, 2011
Total Views: 2

Friday, May 13, 2011

Subsea 7 wins Life-of-Field contract in GoM

Subsea 7 S.A. has won a three year Life-of-Field Contract by BP Exploration & Production Inc., according to a statement released on their website.   The contract will cover the provision...

May 13, 2011
Total Views: 1

Tuesday, May 3, 2011

Technip awarded GoM Spar platform agreement from BP

Technip was awarded a 10-year master agreement by BP Exploration and Production, Inc. The agreement covers the design, procurement and construction of hulls and mooring systems for Spar platforms* to...

May 3, 2011
Total Views: 13

Monday, March 21, 2011

Tidewater awards Fincantieri Wisconsin yard order for two PSV’s

Photo: Sturgeon Bay, Wisconsin via Flickr user djipibi Fincantieri has been awarded a contract to build two PSV’s for Tidewater at its Sturgeon Bay shipyard in Wisconsin.  The first is...

March 21, 2011
Total Views: 15

Wednesday, March 2, 2011

McDermott Wins Contracts Totaling More Than $700 Million

HOUSTON — McDermott International, Inc., announced today that certain of its subsidiaries in the Middle East and Caspian region were recently awarded a number of contracts for offshore engineering and...

March 2, 2011
Total Views: 12