Signing of Additional Purchase Agreement and Technology Development Agreement for Automatic Kite Systems

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) has already decided to install “Seawing”, an automatic kite system developed by AIRSEAS SAS Ltd. (AIRSEAS), on two of our Capesize bulkers, and has now signed the contract for the purchase of three additional “Seawing” units with AIRSEAS. The additional “Seawing” units will be installed on three post-Panamax bulkers, …

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