Sign Agreement

Wolong Signs Agreement

Singapore-based Wolong International has announced the signing of a licensing agreement with Fr. Fassmer Gmbh of Germany for the production of Wolong (Fassmer Licensed) totally enclosed lifeboats. The agreement, signed on October 1, 2001, serves to synergize the West and East. Production of the Wolong lifeboats is to b e carried out in China and is expected to commence within the month. Fassmer with this agreement will be providing the technical support to Wolong International in upgrading and improving the quality of its lifeboats.

FastShip Signs Cargo Agreement

FastShip has signed agreements for wholesale cargo commitments with international freight forwarders AEI Circle International, GeoLogistics and MSAS Global Logistics. The agreements state that the shipping companies must commit to purchase future cargo space on the company's high-speed trans-Atlantic service on a "take-or-pay" basis upon service commencement in 2003. The agreements closely follow the commitment by the French government to establish Cherbourg as the European hub for FastShip's

Australian Maritime Security Deal Signed

Reports indicate that Australian Attorney General, Philip Ruddock, today signed agreements to enhance maritime security and counter-terrorism. Ruddock, in London as part of a week-long visit to Europe to discuss security issues, signed the security protocols at a meeting with the secretary general of the International Maritime Organization (IMO), Efthimios Mitropoulos. He said they would significantly strengthen international efforts to counter terrorist threats to maritime security and

Estonia signs agreement with Primar Stavanger

Estonia signs agreement with Primar Stavanger Primar Stavanger, the international Electronic Navigational Chart (ENC) center operated by the Norwegian Hydrographic Service, has recently signed a cooperation agreement with Estonia. The center now covers more than 80 percent of all ENCs available in Europe, reports marketing manager Rune H. Johnsen at Primar Stavanger. Estonia has already made 31 ENCs available, which indicate that the whole coast of this Baltic state is covered

Odfjell Orders Six Chem Tankers

Odfjell signed agreements with the Chuan Dong Shipyard to build a series of six plus four optional 9,000 dwt stainless steel chemical tankers for delivery in 2010-2012 at a total price of $180 million. These ships will operate in our regional trades in Asia and Europe, and will replace smaller vessels currently trading in these areas.

China Shipping to Pay $293M for Eight Tankers

According to a Nov. 29 report from Bloomberg, China Shipping Development Co., the dry-bulk arm of the nation’s second-biggest shipping group, signed agreements to purchase eight 48,000 dead weight ton tankers for a combined $293m. The tankers are expected to be delivered from July 31 through Dec. 31, 2012. (Source: Bloomberg)

Cummins Mid-South, Algae-X Sign Agreement

Algae-X International is pleased to announce its distribution agreement with Cummins Mid-South LLC. Cummins Mid-South is the Cummins Engine Distributor operating distribution centers throughout the States of Louisiana, Mississippi, Arkansas and Western Tennessee. Calvin B. Klotz, vice president of the Marine Division plans to integrate Algae-X Fuel Conditioners into the fuel systems for new engine packages, and to retro-fit Algae-X units into existing engine installations for Marine

Maritime Administrator and SeaRiver Maritime Sign Agreement

Maritime Administrator Sean T. Connaughton and Will Jenkins, president of SeaRiver Maritime, Inc., today signed an agreement that will open up international experience opportunities for American maritime academy cadets. The training and experience cadets receive will give them more employment opportunities worldwide after they graduate. The public-private partnership represents a formal agreement to provide sea tours for maritime academy cadets onboard vessels trading internationally

Northrop Grumman Signs Agreement With IZAR

Northrop Grumman Corporation's Integrated Systems sector has signed a technical assistance agreement with IZAR of Spain, Europe's second largest shipbuilder, to promote the U.S. Navy's Fire Scout vertical unmanned system for integration on the country's F-100 frigate. The Spanish Navy established a requirement for a precision weapon targeting system for new and existing frigates produced or upgraded by IZAR. As defined in this requirement

Hapag-Lloyd Chooses Nigeria, Ghana Partners GAC

Liner shipping company Hapag-Lloyd has signed agreement for GAC Group to handle its vessels in Nigeria and Ghana Leading global liner shipping company Hapag-Lloyd has signed an agreement with the GAC Group to handle their vessels calling at ports in Nigeria and Ghana. Under the deal, GAC will act as full liner agents for Hapag-Lloyd, actively selling its liner services in the region, as well as providing a range of shipping agency and complementary services for its fleet.