Market Report -- In Play ()

November 18, 2009 9:05 AM ET

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Related topics: Movers

On The Wires Star Bulk Carriers (SBLK) agreed with the present charterers GMI for a further two-year time charter employment of the Star Delta, a 52,434 dwt 2000-built Supramax vessel, in direct continuation of the present time charter due to expire in March 2010, at a gross daily rate of $14,000. Co also entered into a new one-year time charter agreement with Cargill for the Star Epsilon, a 52,402 dwt 2001-built Supramax vessel, at a gross daily rate of $16,000... NetSol Technologies (NTWK) announces the signing of an Independent System Review and Testing Services contract with BMW Group Financial Services - Asia Pacific region. The contract calls for the testing of a newly developed financial application suite to be deployed in more than eight countries in Asia Pacific and South Africa... IBM (IBM) announces that it has signed a three-year extension to an existing 10-year agreement to help DVLA transform the way in which it delivers services to customers... Rentech (RTK) announces that it has signed a non-binding Memorandum of Understanding with Beach Petroleum to explore the feasibility of developing a commercial scale facility utilizing RTK's technology for the production of ultra-clean synthetic fuels and specialty chemicals from synthesis gas derived from Beach Petroleum's gas resources in the Cooper Basin of Australia... Modine Manufacturing Company (MOD) announces that its operation in India has been awarded a contract by Daimler India Commercial Vehicles. The program, which will support Daimler's light, medium and heavy-duty trucks for the Indian market, will be manufactured in Modine's new production plant in Sriperumbudur, Chennai.

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