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Otto Marine bags A$57m contracts

Charter deals are for 2 of its deep-water anchor handlers

Published Tue, Aug 26, 2014 · 10:00 PM
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MAINBOARD-listed Otto Marine has secured A$57 million (S$66.3 million) worth of contracts with oil majors.

Otto revealed that the time charter contracts with the two oil global oil companies are for its deep-water anchor handlers Go Sirius and Go Spica.

Employed in drilling and pre-lay support, Go Spica will be mobilised to Australia for a long-term charter off its north-west coast this month, and will be operated by the group…

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