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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


Otto Shipyard Eyes Expansion in Asia

Otto Marine Limited, an offshore marine company specializing in building complex offshore support vessels, ship chartering and offers specialized offshore services, has announced that its wholly-owned subsidiary, Otto Marine Shipyard Pte Ltd


Wartsila India Signs Pact with CSL

Pic: Cochin Shipyard Limited

 Wartsila India, the Indian arm of Finland-based Wartsila Corporation, has signed a Memorandum of Understanding (MoU) with Cochin Shipyard Ltd (CSL) for setting up a containerised self-sufficient workshop.   As per the MOU, Wartsila plans to locate a containerised self-sufficient


Svitzer, Guangzhou Port JV to provide Towage

Image Courtesy Svitzer

Guangzhou Port Group and Svitzer signed an MOU (memorandum of understanding) with the intention of forming a joint venture providing towage and related marine services for the Port of Guangzhou. Guangzhou Port Group is the world’s 5th largest port with more than 100 vessel calls a day and


Antwerp Port, ICBC Ink Partnership Deal

Luc Arnouts (HA) en Gao Ming (ICBC) ondertekenen MOU Courtesy Antwerp Port

Antwerp Port Authority today made a partnership agreement with the Industrial and Commercial Bank of China (ICBC). The Memorandum of Understanding was signed last week at the official opening of the ICBC’s Antwerp branch in Brasschaat Castle


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. 


Marorka to Deploy Vessel Performance Solutions

Photo: Marorka

 Abu Dhabi's ADNATCO & NGSCO, the shipping arm of ADNOC and its group of companies, has signed an MOU with Marorka, incorporated and registered in Iceland, a leading company in marine energy management, to supply and install ship performance monitoring systems for the ADNATCO & NGSCO


HHI Inks Local Equipment MOU

Hyundai Heavy Industries signs MOU for localizing marine equipment with domestic counterparts     Korean shipbuilder Hyundai Heavy Industries (HHI) announced today it has signed a “Memorandum of Understanding (MOU) for the Establishment of Industrial Cluster for Localizing


Canada, China Port Cities Reach Collaboration Pact

Photo: Port of Dalian

The Mayor of the Cape Breton Regional Municipality (CBRM) and the City of Dalian, Liaoning Province in the People’s Republic of China have signed a Memorandum of Understanding (MOU) laying the ground work for an official sister city relationship between the two regions and port cities


Black Sea MOU - New Inspection Regime

Photo:  Gard

 Quality ship operations will be rewarded with a reduced inspection burden when the Black Sea MOU launches its new inspection regime on 1 January 2016.   The Black Sea (BS) MOU had announced that their new inspection regime, BS-IR (2016), will be in force from 1 January 2016. 


Russia, Iran in Shipbuilding MoU

Image: Iran Shipbuilding and Offshore Industries Complex Company

 Iran Shipbuilding and Offshore Industries Complex Company (ISOICO) and Russian Krasnye Barrikady Shipyard has signed an Memorandum of Understanding (MoU) for ship building activities.   According to a report by MNA, the MoU was signed by managing directors of ISOICO and the


India Bullish on Maritime Industry

Nitin Gadkari, Minister of Shipping. Pic: nitingadkari.org

 For the development of maritime sector in the country, India has rolled out some important projects and signed MoUs, asscording to the Ministry of Shipping.   India signed an MoU with Iran for developing Chahbahar Port. An SPV, Indian Ports Global Ltd has been formed with equity


Krishnapatnam Port Led Consortium to set Up LNG Terminal

Chinta Sasidhar

Krishnapatnam Port Company inks agreement with Government of Andhra Pradesh and Petrogas Pvt. Ltd. for setting up a LNG Regassification Terminal Krishnapatnam, India’s largest; all weather, deep water port on the east coast of the country in the Nellore district of Andhra Pradesh on Monday


Petrogas to Establish LNG terminal in Andhra

Pic: Krishnapatnam Port Company Ltd

 Petrogas Private Limited, a joint venture company between Isomeric Holdings Bhd from Malaysia and LEPL Ventures Pvt Ltd (LEPL) from Vijayawada, has signed a facilitation MoU with Krishnapatnam Port Company Ltd (KPCL) and Andhra Pradesh government for setting up a regasification and floating






 
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