Singapore: OSV operator Otto Marine has secured two long term charter contracts for two platform service vessels (PSVs) to an unspecified oil major in Australia.
Under the contracts, two 4,000 dwt capactiy PSVs will be mobilised to Australia in the next couple of months.
Each of the two contracts secured comprises of a firm charter period and option, adding the total charter tenure of up to 36 months. Total contract value for the firm period and options for the two vessels is approximately $64m.
With the latest orders, the group’s net order book stands at approximately more than $400m. [06/02/15]
