Baker Technology secures time charter contract

BAKER Technology Limited has secured a time charter contract for its liftboat, the Blue Titanium.

This liftboat will be deployed in South-east Asia to support rejuvenation works for oil & gas platforms for a national oil company in the later part of the second quarter, the offshore marine services provider said on Monday.

The charter, with an undisclosed contract sum, is expected to contribute to the group's financial performance for the financial year ending Dec 31, 2018.