Asia
Otto Marine in Malaysian OSV deal
Singapore: Go Marine Ship Management, a 90% owned subsidiary of Otto Marine, is buying 49% of the shares in Expro Synergy from two individuals, Noor Haizam Bin Wasir and Mohd Azmy Bin Khosne, for RM980,000. Otto Marine will pump a further RM147,000 into Expro, a company formed last year which charters vessels to a large oil and gas firm, believed to be Petronas. [22/08/13]