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Otto Marine bags $25.2m charter contracts for two AHTS vessels

Otto Marine bags $25.2m charter contracts for two AHTS vessels
Singapore’s Otto Marine has clinched long term charter contracts worth $25.2m for two 16,000-bhp AHTS vessels with an oil and gas company.

The contract was undertaken by Go Offshore, wholly-owned by Otto Marine’s owned subsidiary Go Marine Group.

Singapore-listed Otto Marine said the transaction is expected to have a positive impact on its consolidated results for the financial year ending 31 December 2015.

TAGS: Offshore