Emas Offshore takes two year option on Perisai Petroleum crewboats

Kuala Lumpur: Perisai Petroleum Teknologi has announced that subsidiary Intan Group has received notice from Emas Offshore to exercise a two year option on three vessels on bareboat charters.

The three vessels Sarah Gold, Sarah Jade and Bayu Peral are crewboats originally chartered in September 2012 on a three year charter. Under the extension, the charter rates will remain on the same terms earning the Intan Group around $3.65m over the two year deal which ends 31 August 2017.

Intan Group is a 51% subsidiary of Perisai, with the remaining stake owners by Emas Offshore subsidiary, Genesis Offshore Sdn Bhd.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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