Otto Marine Secures Charter Contract Worth USD 27million

Source: www.gulfoilandgas.com 6/11/2015, Location: Asia

Otto Marine Limited is pleased to announce that its wholly-owned subsidiary, Swordfish 1 Pte Ltd (“Swordfish”) had entered into along term bareboat charter contract worth USD27 million to charter one unit of 238-men Work Maintenance Vessel (the Vessel) to an offshore vessels operator in the South East Asia region.

The Vessel is expected to be delivered for Charterin3Q 2015. The Charter is expected to have a positive contribution to the consolidated earnings per share or consolidated net tangible assets per share of the Company and the Group for the current financial year ending 31 December 2015. Save for their shareholdings in the Company, none of the directors or controlling shareholders of the Company has any interest, whether direct or indirect, on the above transaction.


Norway >>  6/29/2022 - Drydocks World has signed a contract with KANFA AS, a Norwegian independent process house, to deliver a topside module for an offshore oil production ...
Brazil >>  6/27/2022 - A Memorandum of Agreement ("MoA") for the sale of the FPSO Cidade de Vitoria, now owned by Saipem and run for Petrobras in the Golfinho field offshore...

Australia >>  6/24/2022 - Höegh LNG Holdings Ltd. ("Höegh LNG") announces that Australian Industrial Energy (“AIE”) has lifted its final subjects for the FSRU contract which wa...
Brazil >>  6/24/2022 - BW Energy has signed an agreement to acquire the FPSO Cidade de Vitoria from Saipem for a cash consideration of USD 73 million. The transaction is sub...

Norway >>  6/23/2022 - OneSea Energy B.V. (“OneSea”) have entered into a Memorandum of Understanding (“MOU”) with Subsea 7 Limited (“Subsea 7”) in the field of floating offs...
Norway >>  6/20/2022 - HAV Group ASA’s subsidiary Norwegian Electric Systems AS (NES) has been contracted by Volstad Maritime to deliver the battery package and associated c...

Related Categories: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 

Related Articles: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.