Otto Marine delivers four new vessels for Pertamina
Wednesday, April 15 2015 - 12:49 AM WIB
SGX-listed Otto Marine Limited, a leading offshore marine group, which owns and operates a large fleet of offshore support vessels with a worldwide presence, announced Wednesday that its shipyard in Indonesia, PT Batamec, has completed the construction of two units of Harbour Tug and two units of Anchor Handling Tug Supply (AHTS) for PT Pertamina Trans Kontinental (PTK), a subsidiary of Indonesian state-owned oil and gas firm PT Pertamina.
A delivery ceremony was held for the four vessels on March 27, 2015 at the group?s shipyard in Batam, Otto Marine said in a statement.
The deliveries consisted of two units of 3000 bhp Harbour Tugs, Patra Tunda 3151 and Patra Tunda 3152, and two units of 5150 bhp AHTS, Transko Balihe and Transko Moloko, for a total contract value of US$36.6 million.
Commenting on the vessel deliveries, Michael See, Group Chief Executive Officer, said: ?While the group strives to strengthen our position as a leading OSV operator, our shipyard remains an integral part of the business portfolio. The shipyard continued to tap on the cabotage market in Indonesia, and take selective shipbuilding orders to enhance our revenue base. ?
Editing by Reiner Simanjuntak