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Alam Maritim wins tug contract

Alam Maritim wins tug contract
Kuala Lumpur: Alam Maritim Resources unit Alam Maritim (M) Sdn Bhd has won a MYR21.3m contract from Carigali Hess Operating Co Sdn Bhd for the provision of an anchor handling tug supply vessel.

The contract is for 21 months with no specific extension options. The company expects the contract to positively contribute to the earnings and net assets of the group for the financial year ending December 31 2013 and beyond.