EMAS Offshore secures new contracts worth $32m

EMAS Offshore secures new contracts worth $32m

Singapore’s EMAS Offshore has announced that it has secured new awards and letter of intents for charters amounting to approximately $32 million including options since the start of the third quarter.

These new charters will see an AHT, AHTS and PSV supporting drilling operations and cargo supply runs for offshore oil field projects in their production phases.

Concentrated in Malaysia, Thailand, Myanmar and Vietnam, these contracts also comprise of awards from the West Africa region.

“Despite weakness in the offshore support sector and the ongoing volatility in oil prices, our team is working hard to keep utilisation at a sustainable level. These contract wins are a testament to the team’s ongoing efforts as well as the strength of our offerings in Southeast Asia and West Africa. Moving forward, we aim to further improve utilisation rates and operational efficiencies to tide us through this challenging period,” said Captain Adarash Kumar, chief executive officer of EMAS Offshore.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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