Otto Marine wins new AHTS charters

Otto Marine wins new AHTS charters

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.

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.

Related Posts