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Otto Marine wins deal worth up to A$94.8m

Published Wed, Mar 2, 2016 · 09:50 PM

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    Singapore

    Otto Marine, a Singapore-headquartered offshore marine group, has won an offshore support vessel (OSV) charter worth up to A$94.8 million (S$95.89 million) through its wholly owned subsidiary GO Offshore Pty Ltd.

    The charter is for five years from May 2017 with an extension option for another five years. The contract value is A$47.4 million for the confirmed five years and A$94.8 million if the option is included.

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