Wintermar bags $18m contract from KPC
Tuesday, July 26 2011 - 09:52 AM WIB
PT Wintermar, a subsidiary of Indonesia-listed marine support firm PT Wintermar Offshore Marine Tbk (WOM), has received a Letter of Intent from PT Kaltim Prima Coal (KPC) to provide three units highly maneuverable Azimuth Stern Drive (ASD) tug for a period of five years to assist the berthing and unberthing of large bulk carriers up to 220,000 dwt.
KPC, a unit of coal mining giant PT Bumi Resources Tbk, is a world-class open-pit coal mine located in Sangatta, East Kalimantan.
PT Wintermar will deploy its 3 brand new vessels for this contract. PT Wintermar operates ASD tugs serving various oil terminals in Indonesia since year 2000.
The 5 year contract with an estimated value of US$18 million will commence on the last quarter this year, the company said. (romel)