Sign Mou News

Swiss marine power company WinGD and Japanese shipbuilder and technology developer Mitsubishi Shipbuilding have completed the initial design of an ammonia fuel supply system (AFSS) for vessels powered by WinGD’s X‑DF‑A ammonia-fueled engines.The AFSS design is the first result of a wide-ranging partnership announced last year that will develop solutions for ammonia engines and fuel systems that can be applied across a range of vessel designs.The project will now proceed to the detailed design phase…

AD Ports Group and the Vietnam Maritime Administration (VINAMARINE), have signed a memorandum of understanding (MoU) to bolster commercial opportunities across various sectors, including ports, logistics, digital solutions, economic cities, free zones, maritime and shipping.Under the terms of the agreement, both entities will focus on key areas of cooperation, including the development and management of dry ports and inland container depots in addition to advanced logistics operations and digital solutions to enhance global maritime and shipping sectors.

DNV and Zakher Marine International (ZMI) signed a memorandum of understanding (MoU) at Nor-Shipping to collaborate on solutions to reduce offshore greenhouse gas (GHG) emissions.Abu Dhabi based ZMI, which owns and operates jack up accommodation barges and offshore vessels, has set sustainability goals, in alignment with the vision of the United Arab Emirates, to reduce emissions substantially by 2030. To support this ambition, DNV will be working with ZMI on a joint feasibility study that will assess the safety…

Swiss marine power company WinGD and Japanese shipbuilder and technology developer Mitsubishi Shipbuilding Co., Ltd. have signed a memorandum of understanding to enter into a partnership on ammonia-fuelled vessels.The project will see WinGD applying its X-DF-A ammonia-fuelled engines to a range of vessel designs, with Mitsubishi both designing the vessels and completing the fuel chain with its ammonia fuel supply system (AFSS).Manabu Kawakado, Head of Marine Engineering Centre, Mitsubishi Shipbuilding Co., Ltd.

Tanker operator AET announced it has signed a memorandum of understanding (MOU) with Malaysia's PETCO Trading Labuan Company Ltd (PTLCL) to explore a potential collaboration to deploy a future zero-emission Aframax tanker powered by green ammonia.AET said it would be responsible for selecting a suitable shipyard to build the net zero-emission dual-fuel tanker, which would be delivered to PTLCL for long-term charter by 2026.The companies also intend to collaborate on the design…

Thai national energy company PTT and tanker operator AET have signed a Memorandum of Understanding (MOU) for the development and construction of two zero-emission Aframaxes to be powered by green ammonia.Jointly, PTT and AET working to encourage the use of green ammonia as a main propulsion fuel. AET will select a suitable shipyard and the two zero-emission dual-fuel tankers are to be delivered to PTT for long-term charters in Q4 2025 and Q1 2026 respectively.Disathat Panyarachun…

DNV and Saronic Ferries signed a memorandum of understanding (MOU) designed to enable the development of an electric ferry for local deployment in Greece. The collaboration is targeted toward a fully electric concept for deployment on short-sea passenger routes in the Argosaronikos area. The MoU was signed at the Posidonia 2022 trade fair."The use of all-electric or hybrid vessels in the short sea ferry segment has surged in recent years as the benefits of the technology has been demonstrated in pilots and full-scale deployments.

Nakilat and Karpowership signed a Memorandum of Understanding (MoU) to collaborate in the LNG-to-power market and jointly own and operate Floating Storage Regasification Units (FSRUs)."This fits very well with Nakilat’s long-term growth plan to expand and diversify our shipping portfolio and strengthens our position as a global leader in the energy transportation sector,” said Nakilat’s CEO Eng. Abdullah Al-Sulaiti.The MoU outlines an ambitious plan for the immediate future. Nakilat and Karpowership hope to set up a new joint venture and deliver the first FSRU by 2023.

Saudi Arabia's national oil company Saudi Aramco has signed a memorandum of understanding with energy industry construction and installation firm McDermott to explore the use of McDermott's SAFIRA fabrication yard for construction services for Saudi Aramco's upstream and downstream projects.McDermott's SAFIRA fabrication yard is being developed within Saudi Aramco's King Salman International Complex for Maritime Industries and Services in Ras Al-Khair. Once fully functional, the yard will have the capability to fabricate and assemble offshore platforms and jackets…

The U.S. Army Corps of Engineers (USACE) is working with industry partners to create and sustain an injury-free workplace and safety-first culture for the men and women who work in dredging and marine construction.On June 3 in Washington, D.C., the USACE inked a strengthened partnership agreement with the national safety voice for the dredging and marine construction industry, the Council for Dredging and Marine Construction Safety (CDMCS), and the groups discussed ways to meet shared safety goals.

Tug Training & Consultancy (TTC) and Abu Dhabi Maritime Academy (ADMA), signed a Memorandum of Understanding (MoU) to establish a long term strategic partnership. The MoU encompasses exclusive training of hundreds of (tug) masters and captains in the Middle East Region by certified trainers of TTC at ADMA’s state of the art facilities.Facing the increasing demand for qualified maritime professionals, ADMA is seeking ways to safeguard its best-in-class training for which the organization is renowned.TTC fulfills this requirement…

Dubai based logistics giant DP World has signed a memorandum of understanding (MoU) to develop a free economic zone for industry and logistics in Namibia.The port operator said the agreement with Namibia’s Nara Namib Free Economic Industrial Zone will support the growth of Namibia as a regional hub for southern Africa.The development will help Namibia grow as a center for industrial operations and logistics, creating opportunities and jobs across multiple sectors including agriculture, fishing, automotive and mining.The facility at Walvis Bay will provide businesses with development-ready land for industrial and logistics operations…

A delegation of Algerian Ministry of Transport executives visiting Iran's Imam Khomeini Port Special Economic Zone explored the development of port and maritime between the port of Imam Khomeini and the ports of Algeria.Adel Deris, Director General of Khuzestan Ports and Maritime, referring to Algerian delegation's two-day visit to Imam Khomeini Port Complex and other Ports in Khuzestan Province in Iran, said: "During this visit, the officials of Algeria's Ministry of Transport visited Khuzestan Port Facilities and Achievements, and the areas of greater co-operation in fields such as fighting against pollution, unloading and loading…

Kongsberg and MAN Energy Solutions have signed a Memorandum of Understanding with the purpose of exploring the potential for collaboration on a common data infrastructure for the maritime sector.The collaboration will broaden the value offering to vessel operators, improve return on investment in digital solutions and increase the adoption of secure connectivity.Under the MoU, MAN Energy Solutions is set to investigate the possibility of using Kongsberg Digital’s data-infrastructure solution…

India and Maldives signed a Memorandum of Understanding (MoU) on Passenger and Cargo Services in Male, Mansukh Mandaviya, the Minister of State for Shipping said in the Parliament.The objective of the MoU is to improve people to people contact between the two countries by providing an alternate, direct and less expensive means for transport for passengers and goods. It also aims to advance economic, social and cultural ties between the two countries.Mandaviya informed  that the MoU envisaged a regular passenger and cargo ferry service between Kochi in India  and Male/Kulhudhuffushi in Maldives, or any other ports mutually agreed upon.Sea connectivity between the two countries would help to promote inbound tourism…

As the prospects for offshore wind energy continue to grow in and around the United States, so too do the business potential and parnterships. The latest announcement comes from south Florida where Resolve Marine Group and Bibby Marine Services, a U.K. based dedicated “Walk to Work” vessel company (W2W) signed a Memorandum of Understanding (MOU) to  develop Jones Act compliant vessel solutions for the U.S. offshore wind sector. Resolve and Bibby will aim to partner with wind resource providers to deliver timely and innovative services in this sector. While initial focus will be on W2W vessel solutions, the partnership is targeting a wider range of multi-faceted solutions including CTV vessel requirements…

The environmental products and services firm Total Marine Solutions (TMS) and NAVTOR are pleased to announce the signing of a Memorandum of Understanding (MOU), allowing for the integration of Ocean Guardian’s environmental rules into NAVTOR’s voyage planning software.It will also allow NAVTOR to offer Ocean Guardian’s environmental planning tool as a stand-alone system, said a press release.Developed by TMS, Ocean Guardian is a digital tool that provides shipboard operators with immediate access to environmental regulations around the world.Ocean Guardian removes the guesswork from environmental compliance, providing operators with immediate and accurate information on environmental regulations pertaining to a specific location.

On May 2nd, 2019 Damen Shipyards Group signed a memorandum of understanding (MOU) with Askeri Fabrika ve Tersane İşletme AŞ (ASFAT) for collaboration in the production of marine platforms. The MOU signing took place at the 14th International Defense Industry Fair (IDEF) taking place in Istanbul April 30th – May 3rd.Present at the signing ceremony were ASFAT Deputy General Manager Mr Bulent Safak and General Manager Mr Esad Akgün. Attending for Damen were Chief Operations Office…

The World Maritime University (WMU) signed an enhanced Memorandum of Understanding (MoU) with the Maritime and Port Authority of Singapore (MPA), to cooperate on global maritime leadership training and capacity building for the international maritime community. The enhanced MoU was signed by Ms. Quah Ley Hoon, Chief Executive, MPA, and Dr. Doumbia-Henry, President of WMU.The agreement provides for cooperation between the two partners on the education of maritime leaders, leadership development programmes, as well as exchange of faculty members.Under the agreement, MPA Academy will continue to host week-long field studies in Singapore…

On December 13th, Brazilian company WEG Electric Equipment, and Dutch company Praxis Automation Technology, both leading companies within their respective fields, signed a Memorandum of Understanding (MoU) to support the bid of Damen Shipyards Group and Saab for the construction of four corvettes for the Brazilian Navy. For the Tamandaré class corvettes bid, Praxis and WEG will be partners for the supply of the complete Integrated Platform Management System (IPMS).The signing took place at Damen Schelde Naval Shipbuilding in the Netherlands and was witnessed by staff from Damen…

Russian oil and gas company Gazprom and Japanese trading house Itochu have signed a memorandum of understanding (MoU) on the proposed Baltic liquefied natural gas (LNG) export project."With this document, the parties confirmed their interest in potential cooperation in the framework of the project," said a press note from the Russian gas giant.A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Yoshihisa Suzuki, President and Chief Operating Officer of Itochu Corporation, took place in St. Petersburg on December 13.Itochu Corporation is one of Japan's largest general trading companies. It is engaged…

The Panama Canal has signed a memorandum of understanding with the Port of Itaqui to promote the shipment of grains and other cargoes in the commercial route from Brazil through the Panama Canal to destinations located in the Pacific Ocean.Itaqui, located in São Luís, Maranhão, is the Brazilian port closest to the Panama Canal. It  has the infrastructure and connectivity necessary to move these exports to markets in Asia."With this agreement, the Panama Canal looks to promote the use of the Panamax Locks for grain transits originating in northern Brazil and traveling to markets in Asia" said a statement from Panama Canal Authority."We look forward to a very productive relationship while we work together on our mutual objectives of improving and facilitating global trade…

Glosten and C-Job Naval Architects announced a partnership as executives from the two firms met recently at Glosten’s newly opened East Coast office to sign a Memorandum of Understanding (MOU) defining the firms’ shared goals and objectives.“This is an important step in formalizing what has already been a fruitful relationship over the past several months,” said Glosten President Morgan Fanberg, PE. “It is encouraging to see the work we can accomplish together. We look forward…