Tag: agreement

Mitsubishi Heavy Industries, Ltd. (MHI) has entered into a Memorandum of Understanding (MoU) with Taiwan Fertilizer Co., Ltd. (TFC) to conduct a joint pre-feasibility study that will explore the establishment of an ammonia value chain in Taiwan. 

ABS and representatives from an HD Hyundai Heavy Industries (HHI) consortium signed a pioneering joint development agreement (JDP) that paves the way for the onboard manufacture of repair parts.

Mitsui O.S.K. Lines, Ltd. has announced a collaboration with Electric Power Development Co. to install the Wind Challenger hard sail wind power propulsion system on the coal carrier Kurotakisan Maru Ⅲ.

Eagle Bulk Shipping announced that its shareholders have voted to support and authorize the previously disclosed merger agreement, dated December 11, 2023, involving Star Bulk Carriers, Star Infinity Corp., and Eagle Bulk. Additionally, shareholders approved the issuance of common stock with a par value of $0.01 per share.

Chesapeake Energy Corporation, Delfin LNG LLC and Gunvor Group, through Gunvor Singapore Pte announced the entrance into a liquefied natural gas (LNG) export deal that includes executed Sales and Purchase Agreements (SPA) for long-term liquefaction offtake.

Cool Company announced that it has entered into a new time charter agreement for one of its TFDE vessels. The 12-month time charter is with Santos Shipping Singapore Pte Ltd and is scheduled to commence in the first quarter of 2024.

Abu Dhabi Future Energy Company PJSC – Masdar (Masdar), INPEX CORPORATION (INPEX), Tokyo Gas Co., Ltd. (Tokyo Gas) and Osaka Gas Co., Ltd. (Osaka Gas) announced they have signed a collaboration agreement to conduct a joint feasibility study on e-methane production in Abu Dhabi in the United Arab Emirates (UAE).

Avenir LNG Limited announced it has executed two Time Charter Agreements for the Avenir Advantage and the Avenir Accolade. 

Star Bulk Carriers Corp. and Eagle Bulk Shipping Inc. announced that the companies have entered into a definitive agreement to combine in an all-stock merger on a Net Asset Value to Net Asset Value (NAV) basis with a pro forma market capitalization of approximately $2.1 billion.

Aegean Shipping Management and COSCO Shipping Heavy Industry Yangzho reached an agreement for the construction of two more tankers, type LR2 ice class, with a carrying capacity of 114,000 dwt each.