MODEC Awarded Letter of Intent by Petrobras Related to Búzios 5 FPSO

MODEC Awarded Letter of Intent by Petrobras Related to Búzios 5 FPSO

MODEC, Inc. (MODEC) announced earlier today that it has received a Letter of Intent (LOI) for supply, charter, and operations of a Floating Production Storage and Offloading (FPSO) vessel for Petróleo Brasileiro …
Jun 20, 2019 /  Curious
SBM Offshore awarded Letter of Intent for FPSO Mero 2 lease and operate contracts by Petrobras

SBM Offshore awarded Letter of Intent for FPSO Mero 2 lease and operate contracts by Petrobras

SBM Offshore announced earlier today that it has signed a Letter of Intent (LOI) together with Petróleo Brasileiro S.A. (Petrobras) for a 22.5 years lease and operate of FPSO Mero 2, to be deployed at the Mero …
Jun 11, 2019 /  Curious
The new Kvarken ferry will be built in Rauma

The new Kvarken ferry will be built in Rauma

The Board of Directors of Kvarken Link announced on Friday (Jan11) that the Company has decided to enter into a Letter of Intent with Rauma Marine Constructions Oy (RMC). The decision is based upon the result of a public …
Jan 14, 2019 /  Vessels
MODEC Awarded Letter of Intent by Eni Mexico related to FPSO - Chartering, Operation and Maintenance - for Area 1 Project in Mexico

MODEC Awarded Letter of Intent by Eni Mexico related to FPSO - Chartering, Operation and Maintenance - for Area 1 Project in Mexico

MODEC, Inc. (MODEC) announced earlier today that it has received a Letter of Intent (LOI) for supply, charter, and operations of a Floating Production Storage and Offloading (FPSO) vessel from Eni Mexico S. de R.L. de …
Oct 11, 2018 /  Vessels
Rolls-Royce and AXA to jointly develop risk management products for autonomous shipping

Rolls-Royce and AXA to jointly develop risk management products for autonomous shipping

Rolls-Royce and AXA Corporate Solutions have signed a Letter of Intent (LOI) to explore ways in which they can combine their respective products, to bring a new offering to the marine market, utilising Rolls-Royce Ship …
May 14, 2018 /  Curious
CMHI and DNV GL ink LoI for two multi-activity jack-ups

CMHI and DNV GL ink LoI for two multi-activity jack-ups

China Merchants Heavy Industry (Jiangsu) Co., Ltd (CMHI) and DNV GL signed a Letter of Intent (LoI) for the classification of two multi-activity jack-up units at the Offshore Technology Conference in Houston yesterday. …
May 4, 2018 /  Vessels
VARD signs Letter Of Intent with Viking

VARD signs Letter Of Intent with Viking

VARD announced earlier today that it has signed a Letter of Intent (“LOI”) for the design and construction of two cruise vessels for Viking. The potential contract value for two vessels is expected to be …
Apr 4, 2018 /  Curious
Philly Shipyard places TOTE containership project on hold and considers alternative projects

Philly Shipyard places TOTE containership project on hold and considers alternative projects

Reference is made to a release on Friday by TOTE where the company announced that its plans to enter the U.S. mainland to Hawai’i containership service are on hold as a result of its Phase 1 technical review of …
Jan 29, 2018 /  Curious
TT-Line Company Pty Ltd and Flensburger Schiffbau-Gesellschaft GmbH & Co. KG sign Letter Of Intent for new Spirits

TT-Line Company Pty Ltd and Flensburger Schiffbau-Gesellschaft GmbH & Co. KG sign Letter Of Intent for new Spirits

TT-Line Company Pty Ltd and European shipbuilder Flensburger Schiffbau-Gesellschaft GmbH & Co. KG (FSG) have signed a letter of intent for the construction of two new ships to replace the current Spirit of Tasmania …
Jan 10, 2018 /  Vessels
Seaspan Announces LoI for Potential $250Mln Unsecured 5.50% Debenture and Warrant Investment from Fairfax Financial Holdings Ltd

Seaspan Announces LoI for Potential $250Mln Unsecured 5.50% Debenture and Warrant Investment from Fairfax Financial Holdings Ltd

Seaspan Corporation (NYSE: SSW) (Seaspan) yesterday announced that it entered into a letter of intent in late December 2017 pursuant to which Fairfax Financial Holdings Limited, through certain subsidiaries …
Jan 4, 2018 /  Finance