Alam Maritim Resources bagged a RM22.1m ($7.1m) contract to provide one unit straight vessel to a Malaysia-based oil and gas company, Seatrade Asia Online reports. Alam Maritim revealed on Tuesday that the contract had commenced on 24 July and its duration is for a period of 28 months with no option to extend.
“The contract valued at approximately RM22.1m is expected to positively contribute to the earnings and net assets of Alam Maritim for the financial year ending 31 December 2011,” the company said in a statement.
“The contract valued at approximately RM22.1m is expected to positively contribute to the earnings and net assets of Alam Maritim for the financial year ending 31 December 2011,” the company said in a statement.
