Marine contract

MARINE CONTRACT. One which relates to business done or transacted upon the sea and in sea ports, and over which the courts of admiralty have jurisdiction concurrent with the courts of common law; such contracts include according to civilians and jurists among other things, charter parties, affreightments, marine hypothecations, contracts for the marine service in the building, repairing, supplying and navigating ships; contracts and quasi contracts respecting averages, contributions and jettisons, and policies of insurance. 2 Gall. R. 398, where Judge Story gave a very learned opinion on the subject.

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The majority of this growth came from increased marine contract work.
Eltek declared that it has been granted a crucial marine contract by a major shipbuilding services firm in Singapore.
The CC Marine contract covers Adonia, Arcadia, Aurora, Azura, Oceana, Oriana and Ventura for P&O Cruises and Queen Elizabeth, Queen Mary 2 and Queen Victoria for Cunard.
Transocean is a leading international provider of offshore and inland marine contract drilling services for oil and gas wells.
Commencing previous month and set to function till December 2014, the Seaway Powell Marine contract is to render the first 10 Shannon Class vessels with its C3000E capstans.
Catalina Cruises is owned by Crowley Marine Services of Seattle, a worldwide marine contract and transportation company, and a wholly owned subsidiary of Crowley Maritime Corp.
Tetchner added: "We want to take full advantage of the GOK Marine contract and identify new areas in which we can grow our business.
S Marine contract calls for ViaSat to develop and deliver 150 mobile proof-of-concept devices for Department of Defense testing and integration.
Australia's leading and diversified contracting, engineering and services provider John Holland Group Pty Ltd, a wholly owned subsidiary of Leighton Holdings Limited (ASX:LEI), has been awarded a A$276 million marine contract which forms part of the early works for Rio Tinto's (ASX:RIO) Cape Lambert Port B Project in Western Australia's north-west.
61607; Group revenue was $731m down 31% from a record quarter last year and reflecting current market conditions Group operating margin was 8% and EBITDAs margin was 32% with a resilient Sercel EBIT margin, good vessel performance in oversupplied market and sequentially stable multi-client sales with a higher amortization rate Net income was $12m Free cash flow at $148m this quarter following a significant reduction of working capital  Net debt to equity reduced to 32%  Long term marine contract awarded by Pemex.
offshore marine contract, taking the total order value to A[pounds sterling]155 million.
It has also secured a pounds 3m civil marine contract as part of a new marina development at Deganwy Quay, and is putting the finishing touches to a pounds 1m design and build project for a foundation structure at the Kronospan plant at Chirk.

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