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Signs 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


MOUs to Govern Investigations

In December of last year, the National Transportation Safety Board (NTSB) and the US Chemical Safety and Hazard Investigation Board (CSB) stated that the two agencies had signed a Memorandum of Understanding providing that the NTSB would be the lead agency for investigating transportation-related accidents involving the processing, handling, or storage of a chemical substance that result in death, serious injury, or substantial property damage.


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


Hyundai Global Services Enters into Eco-friendly Ship Services Business with KSS Line

Gas Star, 84,000cbm LPG carrier of KSS Line. The ship is going to be the first among KSS Line’s fleet to be retrofitted with Exhaust Gas Cleaning System. Photo: Hyundai Global Services

 Hyundai Global Services (HGS), Hyundai Heavy Industries’ (HHI) newly spun-off company specializing in providing total marine services announced today it signed an MOU with KSS Line, a Korean shipping company, for entering into eco-friendly ship business.  


First collaboration for Sydney City Marine and Damen

Sydney City Marine has completed its first maintenance docking of a Damen vessel since the signing ofa Memorandum of Understanding (MOU) with Damen Shipyards Group last year. The works signify the successful cooperation between Damen Services in the Netherlands


St. Louis Regional Freightway, New Orleans Port Sign MoU

Brandy D. Christian (Right), President and CEO of the Port of New Orleans, and John M. Nations, President and CEO of Bi-State Development, sign an MOU Feb. 23, 2017 at the Port Administration building between the Port and the St. Louis Freightway. Photo Port of New Orleans

The Board of Commissioners of the Port of New Orleans and the St. Louis Regional Freightway today entered into a Memorandum of Understanding (MOU) to exchange market and operational information with the goal of growing trade and building upon existing and new business relationships between the two


Senate's Green Signal to Caribbean Maritime University

Photo: Caribbean Maritime Institute (Official Page)

 The Caribbean Maritime Institute (CMI) will now gain university status, following the passage of legislation in both Houses of Parliament to effect this.   Not a single senator opposed the bill to make way for the Caribbean Maritime Institute Act


COSCO Ports and CMA Terminals Join Forces

Photo: CMA CGM

 Cosco Shipping Ports  has signed a memorandum of understanding (MOU) with CMA Terminals Holding in Shanghai.    The two parties have agreed to seek cooperation in ports worldwide and preference will be given to ports that the Ocean Alliance calls


AG&P, Hindustan to Build a New LNG Import Terminal in India

Photo: Hindustan LNG Limited

 Atlantic, Gulf and Pacific Company (AG&P) and Hindustan LNG (HLNG) have signed a Memorandum of Understanding (MoU) to supply tolled gas to power stations in the East Godavari region of Andhra Pradesh, India.    Under the agreement


PIL Sign MOU with Guangzhou Nansha Development Zone

Photo Pacific International Lines

A memorandum of understanding (MOU) was signed between Pacific International Lines (PIL) Group and China Guangzhou Nansha Development Zone. This MOU facilitates to increase trade cooperation, deepen business ties, and explore possible future business opportunities and development of a


Total, CMA CGM Prepare for New Environmental Regulations

Signing CMA Total Copyright Guillaume Perrin Photo Total

Total, the world’s fourth-ranked international oil and gas company, and CMA CGM, a leading worldwide shipping group, have signed a three-year memorandum of understanding. The two partners will be combining their expertise to prepare for stricter fuel regulations in the shipping industry


Indian Ports to Go Green

Indian Prime Minister Narendra Modi. Photo: PIB, Govt of India

 The Indian Ministry of Shipping, as a part of its ‘Green Port Initiative’ has been emphasizing on use of renewable sources of energy to power Major Ports across the nation.    The Ministry aims to set up 91.50 MW of solar energy capacity at the twelve Major Ports and


Strategic Marine, Abu Dhabi Ship Building Sign MoU

Photo courtesy Strategic Marine

Strategic Marine, one of the world’s leading specialist shipbuilding, fabrication and engineering companies, has teamed up with Abu Dhabi Ship Building PJSC (ADSB), a renowned provider of construction, repair and refit services for naval, military and commercial vessels


DNV GL, MPA to Research Autonomous Shipping Systems

Pic: DNV GL

 A memorandum of understanding (MOU) to promote research and development (R&D) and innovation in the maritime industry was renewed between DNV GL and the Maritime and Port Authority of Singapore (MPA).  Given the growing need to create safer and more efficient solutions for the


Alabama Port Signs Agreement with Cuba

Photo by Alabama State Port Authority

 The Alabama State Port Authority has announced a new memorandum of understanding with the National Port Administration of Cuba, potentially laying the groundwork for future trade deals.   The five-year, cooperative agreement  was signed at the Tampa Marriott Waterside Hotel in


MPA Expands MOU with DNV GL

From left to right: Remi Eriksen, DNV GL’s Group President and CEO, Dilek Ayhan, State Secretary, Norwegian Ministry of Trade, Industry and Fisheries, Josephine Teo, Senior Minister of State, Prime Minister’s Office, Ministry of Foreign Affairs & Ministry of Transport, Singapore and Andrew Tan, Chief Executive, Maritime and Port Authority of Singapore. Photo: DNV GL

 A memorandum of understanding to promote research and development (R&D) and innovation in the maritime industry was renewed between DNV GL and the Maritime and Port Authority of Singapore (MPA).    Given the growing need to create safer and more efficient solutions for the


IRClass Appointed RO for Iran; opens office in Tehran

Iran RO Agreement Feb 2017 Photo IRS

Indian Register of Shipping (IRClass) has received authorisation as a Recognised Organisation from Iran’s maritime administration – Ports and Maritime Organization (PMO). Strengthening its presence further in the Middle East, IRClass has also set up an office in Tehran to offer its


Fincantieri, Ferretti Group join forces

Fincantieri and Ferretti Group today announced they have signed a wide-ranging co-operation agreement , with the aim of developing industrial and commercial synergies between the world's two leading Italian companies in their respective sectors.






 
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