Charter contracts for Alam Maritim anchor handling trio

Malaysian marine services provider Alam Maritim has been awarded charter contracts for three anchor handling tug & supply (AHTS) vessels. 

According to a Wednesday Bursa Malaysia filing by its parent company, Alam Maritim Resources, the charters are with unnamed “reputable oil and gas companies.”

The first anchor handler was chartered for a primary period of three months with an extension option of one month and a further extension option on weekly basis.

The second unit was hired for a primary period of six months with an extension option of four months and a further extension option on weekly basis.

The third and final vessel was awarded a charter contract for a primary period of two years with an extension option of one year.

Alam Maritim Resources said that the total value of the charter contracts will be contingent upon the actual number of days the vessels are on-hire from time to time throughout the charter contracts period, estimated approximately at RM19.8 million ($4.6 million).

Offshore Energy Today Staff

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