Intercont (Cayman) Limited Announces Strategic Acquisition of Singapore-Based Web3 Innovator Starks Network Ltd, Strengthening Its Position in On-Chain Digital Asset Infrastructure

HONG KONG, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Intercont (Cayman) Limited (Nasdaq: NCT)(“NCT” or “the Group”), a global carbon-neutral shipping company, announced that, it has entered into a Memorandum of Understanding (MOU) to acquire a less than 50% minority stake of Starks Network Ltd (“Starks Network” or “the Company”) , a leading Singapore-based Web3 technology service provider and will co-develop the Project zCloak Network (“zCloak”). This strategic agreement marks a significant milestone, positioning NCT and zCloak to jointly advance the integration of maritime services and blockchain technology.

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