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Sign Mou

SCI Signs MOU with Govt of India

Shipping Corporation of India has   signed MOU  with Ministry of Shipping for the year 2015-2016

  Public sector firm, the Shipping Corporation of India (SCI), which is india's largest shipping company has signed MOU with Ministry of Shipping (MOS), Government of India for the year 2015-2016 The Memorandum of Understanding between SCI and Ministry of Shipping  for the year 2015 - 2016  was signed on 27th March 2015 at New Delhi by Mr. Rajive Kumar, Secretary (Shipping), MOS and Shri Arun Kumar Gupta, C&MD, SCI. Mr. Alok Srivastava, Additional Secretary, MOS and Capt. Yogesh Puri, Regional Gen. Manager, SCI were also present on the occasion.  When asked for details of the MOU, Mr A. K. Gupta stated, "The MoU signed between SCI and Ministry of Shipping can not be made public but it broadly contains Financial and non Financial targets. The Financial parameters are related to growth, profitability and efficiency. As for the Non Financial parameters these have targets related to R&D, HRM, Projects, Productivity, Quality etc."  

Mitsui & Co., Petrobras to Sign MOU

Mitsui & Co., Ltd., reached an agreement with Petrobras (Petroleo Brasileiro S.A.) to jointly carry out a feasibility study for promoting the production of bio-ethanol and related products in Brazil and for the marketing of such into the international market. The Memorandum was signed on April 10. Bio-ethanol is deemed to be an effective renewable fuel for the purpose of achieving the goals stipulated in the Kyoto Protocol, reduction of Green House Gas

ABS Signs MOU With the Military Sealift Command

American Bureau of Shipping has signed a Memorandum of Understanding (MOU) with Military Sealift Command (MSC) of the U.S. Navy. The document outlines and formalizes the processes and procedures used in the survey and classification of all MSC U.S. Government-owned vessels. Totaling more than 100 vessels, the MSC fleet is composed of non-combatant vessels such as tankers and cargo ships that support sealift, fleet and special mission operations of the U.S. Navy

ConocoPhillips, Qatar Petroleum Sign MOU

ConocoPhillips and Qatar Petroleum International (QPI) announced that the two companies have signed a Memorandum of Understanding (MOU) to pursue and develop international energy projects outside of Qatar. The MOU was signed on behalf of QPI by His Excellency Abdullah bin Hamad Al-Attiyah, Deputy Prime Minister and Minister of Energy and Industry of Qatar, and by James J. Mulva, ConocoPhillips chairman and chief executive officer

New Bulker, Drawdown Loans Actioned by Diana Shipping

Diana Shipping Inc. signs MOU to buy a new-building bulk ship from a third party; subsidiaries negotiate term loan facilities. The new-building Kamsarmax dry bulk carrier, to be named Myrto of 82,131 dwt, was built by Tsuneishi Shipbuilding Co., Ltd., Japan, and the purchase price is US$26.5-million. The vessel is expected to be delivered to Diana Shipping at the end of January 2013. Separately, the Company also announced that it signed, through two separate wholly owned subsidiaries

CPA Signs MOU with Nederex and Damen

(Front row) Mr. Charly van der Sande (Nederex), Mr. Humberto de Castro (CPA), Mr. Jaap de Lange (Damen)  Second row: Mr. Paul Noordhoek (Nederex), Mr. Albert Zueste (CPA), Mr. Mathijs Roelofs (Damen), Mr. Magiel Venema (Damen) (Photo: Damen)

Curacao Ports Authority NV (CPA) signed a Memorandum of Understanding with Nederex BV. (Nederex) and B.V. Damen Shipyards Gorinchem (Damen) on April 30.  Damen Shipyards and Nederex are engaged in ship repair and the provision of maritime services. Last year CPA and Nederex signed a concession agreement with regard to the activities of Nederex within the St. Anna Bay, from an area which is managed by CPA. "This cooperation is an important step in the right direction

MMS and USCH Sign Oil & Gas Agreement

The U.S. Department of the Interior's Minerals Management Service (MMS) signed a Memorandum of Understanding (MOU) with the USCG specifying which agency will be responsible for certain aspects of oil and natural gas exploration, development, production, and transportation activities on the Outer Continental Shelf (OCS). The MOU identifies 27 areas of responsibilities for both agencies. For example, MMS will be responsible for most drilling and production matters, pipeline operations

VT Shipbuilding and Merwede Sign MoU

VT Shipbuilding and Netherlands company Merwede Shipyard - have signed a Memorandum of Understanding to work together on naval warship procurement programmes outside the UK. The agreement will see the pair combine their expertise in design and manufacturing to address programmes around the world. VT Shipbuilding, part of the support services and shipbuilding company VT Group, is one of the world’s premier builders of naval vessels

13 NATO Nations Sign MoU in Norfolk

Thirteen NATO nations signed a Memorandum of Understanding (MoU), paving the way for the creation of the Combined Joint Operations From the Sea (CJOS) Center of Excellence (CoE) at Allied Command Transformation (ACT) headquarters in Norfolk, Va., May 31. Allied Command Transformation is one of NATO’s two strategic-level headquarters and is NATO’s forcing agent for change, leading the continuous improvement of Alliance capabilities to uphold NATO’s global security interests.

Seadrill Offshore Services Links With Malaysia's SDRL

SapuraKencana Petroleum Berhad (SDRL)  & Seadrill Limited  sign MOU to integrate their tender rig businesses. The new and restructured tender rig business will mark a new phase of cooperation between the two companies. The enlarged tender rig business under SapuraKencana will comprise, 16 tender rigs in operation (including the KM1 rig currently owned by SapuraKencana), 5 of which are already 51%-owned and managed through its existing joint-venture with Seadrill in Varia

Townsville Port, IPC Sign MoU

Courtesy Port of Townsville.jpg

 Northern Australia’s largest general cargo port, the Port of Townsville, will today sign a historic Memorandum of Understanding (MOU) with PT Pelabuhan Indonesia II (Persero) or the Indonesia Port Corporation (IPC).   

Singapore Recognises 53 Ships Under Green Ship Programme

Image by Government of Singapore.

 The Maritime and Port Authority of Singapore (MPA) today recognised another 53 Green Ships from 41 companies that have qualified for the Green Ship Programme (GSP) at the Third Singapore Registry of Ships Forum (SRS Forum).   The GSP encourages Singapore-flagged ships to reduce carbon

Klaipedos Nafta and Port of Helsingborg Sign LNG Deal

Image: AB Klaipėdos nafta

 Lithuania’s Klaipedos Nafta has signed a deal with the port of Helsingborg to cooperate on the HEKLA – Helsingborg & Klaipeda LNG infrastructure facility deployment project (HEKLA).   Klaipedos Nafta has also signed a Memorandum of Understanding (MOU) with the Spanish

MANSA, NMIS Ink MOU for Skill Development

Signing the MOU between MANSA & NMIS on 19th November 2015. Photo MANSA

  Mumbai and Nhava-Sheva Ship-Agents Association (MANSA) and Narottam Morarjee Institute of shipping (NMIS) signed a Memorandum of Understanding for lauching a facility for training employees as well as aspirants in the shipping trade as a Corporate Social Objective. 

Aruba, Citgo sign MOU to Explore Refinery Restart

Aruba's Energy Ministry said on Friday it has signed a memorandum of understanding with PDVSA's U.S. unit Citgo Petroleum to explore reopening and operating the island's refinery, idled since 2012. The 235,000-barrel-per-day refinery was operated buy U.S

Becker Marine, Kotug Sign MOU for LNG Hybrid Barge

From left to right: Ard-Jan Kooren (KOTUG), Dirk Lehmann (Becker Marine Systems) and Arjan Stavast (Shell Downstream LNG)

Press release - Becker Marine Systems and KOTUG signed a Memorandum of Understanding to launch a LNG Hybrid Barge in the Port of Rotterdam with effect from June 2017. The LNG Hybrid Barge, a floating energy plant, is designed to provide environmentally friendly power for ships in ports

Tokyo MOU Welcomes Peru, Panama

Photo: Tokyo MOU

Representatives of the Port State Control Committee, the governing body under the Memorandum of Understanding on Port State Control in the Asia-Pacific Region (Tokyo MOU), convened last week in Putrajaya, for its 26th meeting.   The authorities of Peru and Panama applied for full membership

Paris MOU's Vessel Inspection Data Now Available Online

Photo: Paris MOU

A newly introduced statistical feature on the Paris MoU website,, grants access to the region’s vessel inspection results.   “It is important we communicate about the results of our efforts to prevent sub standard shipping,” said Richard W.J

Adani Ports to Handle IPGA's Pulses

Adani & SEZ

  Adani Ports and Special Economic Zone (APSEZ), India’s largest port developer and part of Adani Group, today said it had signed a Memorandum of Understanding (MoU) with the India Pulses and Grains Association, to handle pulses across its ports in the country.  

Inmarsat welcomes President Xi to London Headquarters

President Xi Jinping of the People’s Republic of China

Inmarsat welcomed the President of the People’s Republic of China, Mr Xi Jinping to its London headquarters, as part of the President’s historic State Visit to the UK. The visit reflects the close working relationship between Inmarsat and China

Billion-dollar MoU for Shipping Finance

$1 billion Memorandum of Understanding between the Eximbank of China and ING Bank for shipping finance   On October 26, 2015 in the presence of President Xi Jinping and King Willem-Alexander of the Netherlands, ING Bank NV and The Export-Import Bank of China signed a three year Memorandum

Despite Agreements, U.S.-China Naval Risks Linger

In 2013, a U.S. guided-missile ship veered sharply to avoid a Chinese navy vessel that tried to block its path in the disputed South China Sea, according to the U.S. account.   The next year, the United States said a Chinese fighter jet buzzed within 30 feet (9 meters) of one of its Navy

Singapore to Develop Maritime Ports in Egypt

Image: PSA Singapore

 The Maritime Sector of the Egyptian Ministry of Transportation signed a Memorandum of Understanding (MoU) with the Port of Singapore Authority (PSA) as Singapore will operate and develop the Egyptian maritime ports, reports the Cairo Post.  

APM Terminals Pact with Qingdao Port

Left to right: Standing:  APM Terminals CEO Kim Fejfer and Qingdao Port Group Chairman Zheng. Seated: APM Terminals CFO Henrik Lundgaard Pedersen and Wang, Head of Business Development for Qingdao Port Group. Photo: APM Terminals

 Leaders from Qingdao Port Group met with APM Terminals executives in The Hague to sign a Memorandum of Understanding (MOU) for the APM Terminals Vado, Italy port project.    Terms and investment amount were not disclosed. The MOU will create a new joint venture to invest in and

Saudi Aramco, HHI Ink Yard Build & Operate Deal

The signing ceremony was presided by Amin H. Nasser, President and CEO of Saudi Aramco; Ki-sun Chung, Senior Vice President of HHI Corporate Planning, Courtesy Aramco

  Saudi Aramco, the world’s leading integrated energy and chemicals company, and Hyundai Heavy Industries (HHI) Group signed a general memorandum of understanding (MoU) to jointly collaborate on business development opportunities in the Kingdom of Saudi Arabia.

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