Letter of Intent (LOI)

Gaylin signs LOI to acquire marine services firm Amos International in all-shares deal
SINGAPORE (Mar 26): Gaylin Holdings has entered into a non-binding letter of intent (LOI) with Lighthouse Logistics and Danny Lien to acquire 100% stake in Amos International Holdings. The consideration for the acquisition has yet to be agreed on but is to be fully satisfied by the issuance of new Gaylin shares. Amos International is a marine and offshore services company that provides ...
SembMarine signs LoI to construct & integrate Shell Offshore’s Vito FPU
SINGAPORE (Dec 5): Sembcorp Marine’s wholly-owned subsidiary, Sembcorp Marine Rigs & Floaters, has signed a letter of intent (LoI) with Shell Offshore for the construction of the hull and topside of, as well as the integration of, a single topside module known as the Vito floating production unit (FPU). See: Positive news for SembMarine if $1.7 bil Shell Vito project win is true The ...
SembMarine partners US gas company SeaOne in fuel supply project
SINGAPORE (Sept 18): Sembcorp Marine subsidiary Sembcorp Marine Specialised Shipbuilding on Monday signed a letter of intent (LoI) with SeaOne Caribbean, a unit of Houston-based gas company SeaOne Holdings, for the design and construction of at least two large Compressed Gas Liquid (CGL) carriers. The carriers are to be deployed for the SeaOne Caribbean Fuels Supply Project, which was ...
Vard signs Letter of Intent to build expedition cruise vessel
SINGAPORE (Jan 17): Vard Holdings, the designer and shipbuilder of specialised vessels, has signed a Letter of Intent (LOI) for the design and construction of an expedition cruise vessel for an undisclosed international cruise company. Developed in close cooperation with the customer, the luxury vessel will be about 145 meters long and 20 meters wide, with accommodation for 220 ...
  •