Otto Marine has announced that subsidiary, Go Marine, has won two long term anchor handling tug supply vessel charter contracts valued at around $25.2m.
The charters are for two 16,000bhp large AHTS vessels with an undisclosed “large oil and gas company” although no further details were given, other than that the transaction would have a positive impact on company earnings for 2015.
Singapore-headquartered Otto Marine operates a total of 59 vessels and operates a shipyard in Batam, Indonesia.