SBI Offshore settles with Aker MH

Singapore: SBI Offshore has reached what it describes as “a final an amicable settlement” with Aker MH.

It puts to an end a 17-month long spat between the two firms over a commission income dispute over a substantial order for offshore equipment.

SBI Offshore said the settlement will have positive material impact for financial years 2013 stretching through to 2015.  [12/02/14]

 

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