Otto Marine gets $15m order for three offshore vessels

Otto Marine has secured $15m worth of operating contracts for three of its offshore service vessels, marking the entry into new markets like Middle East, West and South Africa. Karp Marine, an operating unit of Otto, won time-charter contracts for the three offshore vessels. One vessel named Oranda 1 will be deployed with Leighton Engineering in the Leighton Iraq Project. A second vessel Seasafe Salvo will be deployed in Cameroon with Perenco Rio Del Rey and a third vessel Seasafe Supporter will be deployed in South Africa with De Beers Marine.