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ICE Launches Spark30S Atlantic and Spark25S Pacific LNG Freight Futures Contracts

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, today announced that the LNG freight futures contracts…

Dorian LPG (DK) ApS signs contract to install Kongsberg Digital’s Vessel Insight on LPG Carrier fleet

Kongsberg Digital announced today that Dorian LPG (DK) ApS, a subsidiary of Dorian LPG Ltd. (Dorian), which is a leading owner and operator of modern VLGCs, has contracted to install…

BIMCO to develop standard contract for Security Escort Vessel employment

Building on the success of its widely used GUARDCON contract for the employment of security guards on ships, BIMCO is to develop a new standard contract for hiring the services…

Awilco LNG ASA - Contract update

Awilco LNG ASA is pleased to announce that the 2013-built 156,000 cbm TFDE WilPride today has been committed on an 2-3 month time charter contract with expected gross revenues of…

BMT Awarded Contract for New Gourock Ferry Concept Design

Caledonian Maritime Assets Limited (CMAL) has awarded a contract to international design and engineering firm BMT to provide consultancy services for the concept design of a new passenger ferry for…

Calculating Damages For A Contract Breach – Caution When An Associated Party Suffers The Loss

In Palmali Shipping SA v Litasco SA, the UK Commercial Court considered the calculation of owners’ lost profit claim resulting from the charterer’s alleged non-performance of a long-term contract of…

Societe Generale announces the signing of a long-term contract with Nuvo Prime

Societe Generale announces the signing of a long-term contract for the implementation of SwapScale, by leading investment banking Fintech, Nuvo Prime Ltd. Societe Generale announces a seven-year software-as-a-service (SaaS) contract…

Diana Shipping Inc. Announces Time Charter Contract for m/v Astarte with Aquavita

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter…

Standard Life Aberdeen and Lloyds settle dispute over £104bn contract

Lloyds Banking Group has reached a settlement with Standard Life Aberdeen (SLA) over a £104bn (€116.5bn) fund management contract after the bank attempted to sack the asset manager last year.…

TEN, Ltd Announces New Contracts With Long-Term Charters for Two Suezmax Crude Tankers

TEN, Ltd announced the contract for the building of two suezmax crude tankers which upon delivery will enter into minimum five maximum 12-year contracts to a significant oil major. The…

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