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Alam Maritim bags charter deals worth $28m

Alam Maritim bags charter deals worth $28m
Kuala Lumpur: Malaysia-based Alam Maritim Resources won charter contracts worth a total of MYR85.38m ($28.11m) for three of its vessels.

The Kuala Lumpur-listed company received a letter of award from Petronas Carigali to provide one unit of accommodation vessel. The MYR61.32m contract has commenced on 11 March and will last for five years with optional extension of one more year.

Alam Maritim also accepted a contract to provide one platform supply vessel (PSV) and an extension of contract for one work barge from two oil and gas services companies.

The PSV contract for 270 days is worth MYR12.96m including extension option of 135 days and the work barge extension deal of 104 days is valued at MYR10.92m.

TAGS: Offshore