The extension of the contract has been effective from 1 February for a period of 12 months at a value of approximately MYR58.8m ($17.69m).
“The contract is expected to positively contribute to the earnings and net assets of Alam Maritim for the financial year ending 31 December 2014,” the Kuala Lumpur-listed offshore services firm said.
Copyright © 2024. All rights reserved. Seatrade, a trading name of Informa Markets (UK) Limited. Add Seatrade Maritime News to your Google News feed.