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HomeMaritime NewsRegionsAsiaTAS Offshore sells offshore vessel for $15.4m

TAS Offshore sells offshore vessel for $15.4m

TAS Offshore sells offshore vessel for $15.4m
Kuala Lumpur: Malaysia-based TAS Offshore has sold one anchor handling tug/oil recovery/support vessel for approximately MYR49m ($15.4m) to an overseas customer.

The offshore vessel is expected to be delivered to the new owner by early 2014, TAS Offshore said in a statement.

“The revenue stream from the contract is expected to contribute positively to the earnings and net assets of TAS Group for the financial years ending 31 May 2013 and 2014,” the Kuala Lumpur-listed company said.

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