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Icon Energy Corp. entered into a new Master Management Agreement with Pavimar Shipping Co. on June 5, 2026, which is…
ICONIcon Energy Corp
Icon Energy Corp. entered into a new Master Management Agreement with Pavimar Shipping Co. on June 5, 2026, which is retroactively effective from April 1, 2026. The agreement covers both corporate management and vessel commercial and technical management services, involving various fees including a quarterly fee of $25,000 per vessel plus $125,000 for the group, a 1.00% capital raising commission, and a daily management fee of $800 per vessel. The company is involved in maritime and shipping investment.