We are delighted to announce that our subsidiary, Furuno Hellas S.A. (Greece), is taking a major leap forward with the first newbuilding contract from Maran Tankers Management Inc. (“MTM”) in Greece.
MTM, the oil tanker shipping unit of Angelicoussis group led by Ms. Maria Angelicoussis, which owns more than 50 tankers, has ordered eight newbuildings of the 155,500 DWT LNG dual-fuel vessel suezmax from New Times Shipbuilding plus three shuttle tankers from Daehan Shipbuilding，and has decided to use Furuno’s navigation and communication package system.
Upon signing the agreement, senior executives from both companies held a meeting and expressed their commitment to further strengthen their business relationship. Pictured in the center-left are Mr. Mark Pearson, MTM MD, Cpt., Mr. George Asteros, MTM Ops Director, and Mr. Xenofon Fampris, MTM Electrical Superintendent. In center right is Mr. Yukio Furuno, our President and CEO; on the far right is Mr. Theodoros Katemidis, Furuno Hellas Managing Director.
MTM is well known to the marine industry for being in the forefront of adopting innovative solutions, which creates value to the company. The decision to select Furuno's products for the first time in MTM’s long history was based on their confidence and expectation in the quality of Furuno products, worldwide service network, and cutting-edge technology, as well as Furuno’s reputation for reliability and innovation. For this project, Furuno will provide state-of-the-art ICT/IoT cyber security and remote monitoring platforms, including latest navigation equipment that meet and exceed IMO standards. We are thrilled about this partnership and will support the challenge of MTM’s transition towards digital transformation era for safer and more efficient voyages.