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Pacific Radiance deploys vessel on charter as part of US$70m contract
PACIFIC Radiance, which provides integrated offshore marine services, on Monday said it has deployed its newly delivered offshore support vessel on a charter in South-east Asia.
The vessel is on a five-year contract worth more than US$70 million, including extension options, with a repeat client. The charter is expected to contribute to the company's earnings from the fourth quarter this year.