Pacific Radiance clinches deals worth US$59m
MAINBOARD-listed Pacific Radiance said yesterday it recently secured a series of charter contracts totalling US$59 million from repeat clients.
While the integrated offshore marine company declined to name the clients or projects, a spokeswoman said it had secured these contracts from December 2013 to January 2014.
They involve vessels ranging from tugs and barges to anchor handling tugs, and anchor handling tug supply vessels to a specialised saturation diving support vessel (DSV), all of which will be deployed for oil and gas projects in Asia.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Pfizer lifts 2024 profit view on cost cuts, higher Covid vaccine demand
Shell exits China power market businesses
DuPont beats profit estimates, raises full-year forecasts
Binance founder Zhao Changpeng gets four months in prison
Apple set for big sales decline as investors await AI in iPhones
Microsoft, Brookfield to partner on renewable energy projects