12 DEC 2022
| ELEMENT LIST | EXPLANATION |
|---|---|
| Memorandum Signing Date | 12-12-2022 Corresponding to 18-05-1444 |
| Counterparty | Ajlan & Bros Holding Group (ABHG) |
| Memorandum Subject | To discuss ways of partnering to establish a new joint venture company that will specialize in owning and operating various models of vessels. |
| Memorandum Duration | 6 months from the date of signing the MoU and can be extended. |
| Related Parties | N/A |
| Financial Impact | The financial impact cannot be currently determined. |