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Icon Energy Corp. Announces the Delivery of M/V Bravo and the Signing of a Term Loan Facility for up to $91.5 million

Sep 23, 202410 months ago

Contract Type

partnership

AthensLogisticsTransportation

Description

Icon Energy Corp. has successfully taken delivery of the Kamsarmax dry bulk carrier, M/V Bravo, and secured a time charter for the vessel with an international commodity trading conglomerate. Additionally, the company signed a new term loan facility for up to $91.5 million with a leading international financial institution.

Company Information

Company

Icon Energy

Location

Athens, Attica, Greece

About

Icon Energy Corp. is an international shipping company that provides worldwide seaborne transportation services for dry bulk cargoes via its fleet of oceangoing vessels.

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months