Batamic Shipyard secures order
Monday, March 11 2013 - 04:18 AM WIB
By Romel S. Gurky
Singapore-based Otto Marine Limited announced that its subsidiary, PT Batamec Shipyard Indonesia, has entered into a shipbuilding contract with an Indonesian operator to build two units of 5150 HP Anchor Handling Tug Supply Vessels.
The contract is worth for an agreed price of US$27.8 million, the company said in a statement.
The above-mentioned shipbuilding orders are expected to have a positive impact on the consolidated net tangible assets per share or earnings per share of the company for the financial year ending 31 December 2013.
Editing by Dadan Wijaksana