Otto Marine clinched a three-year time-charter contract worth $14.8m for its 7,200 bhp AHTS vessel Beluga 2. The company also won another four months contract worth $1.8m for its 8,000 bhp AHTS vessel Redfish 3.
Both vessels will be operated by Global Workboats and deployed off the coast of Congo in African waters.
“Offshore oil and gas sector remains robust in a number of areas in the African waters and the further expansion in Africa bodes well for Otto Marine's strategy to strengthen the ship chartering arm,” said Aw Chin Leng, executive director and deputy president of Otto Marine.
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