Intercont shares surge 45.51% premarket on strategic ro-ro vessel partnership with CINCO generating $118.25M revenue.

Intercont surged 45.51% in premarket trading following the announcement of a strategic partnership with CINCO INTERNATIONAL HONGKONG LIMITED through its Singapore subsidiary, Openwindow. The deal, involving low-carbon ro-ro vessels, is projected to generate $118.25 million in cumulative revenue and $88.96 million in net profit over multiple years. The partnership emphasizes expanding NCT’s shipping segment with environmentally sustainable assets, including LNG dual-fuel engines and methanol-ready systems, aligning with growing demand for green logistics. The CEO highlighted the transaction’s potential to enhance long-term cash flow and operational resilience. While conflicting reports cited intraday volatility and declines in subsequent sessions, the premarket rally directly correlated with the partnership announcement, which positioned NCT as a beneficiary of emerging sectors like new energy vehicle transportation and cross-border e-commerce.