March GL Company, which is set to merge with Pelican Acquisition Corp., said it has entered into a strategic logistics agreement with Canadian maritime group Desgagnés to support cargo transportation and mobilization for planned drilling operations in Greenland’s Jameson Land Basin, working in coordination with Royal Arctic Line. March GL said the agreement secures specialized ice-class vessel and Arctic beach-landing capacity as it prepares for a 2026 onshore oil exploration campaign, and noted the combined company is expected to be renamed Greenland Energy Company and list on Nasdaq as GLND after the merger closes.

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