Otto Marine Limited, a leading offshore marine company which owns and operates a large fleet of offshore support vessels, shipyard and offers specialized offshore services, announces that the Group has secured charter contracts for its Multiple Purposes offshore Supply Vessel (“MPSV”), Go Explorer, for a total of US$21.0 million, the company said in its press release.
Go Explorer will initially be deployed to work in Vietnam follow by Australia working on a major offshore construction project based on the various contractual arrangements. The MPSV is a 3200 dead weight tons Multiple Purposes offshore Supply Vessel (“MPSV”) and was built in Otto Marine’s shipyard in 2012.
The vessel is Norwegian MT6009L design, dynamic positioning 2 and classed by Norwegian DNV Class, It is clean/comfort design with 66 cabins and is equipped with 2 remotely operated vehicle hangars and a 25 ton offshore crane. OTTO MARINE LIMITED (Company Registration Number 197902647M) (Incorporated with limited liability in the Republic of Singapore on 5 September 1979) Go Explorer Type: 3200dwt MPSV Class: DNV Dynamic Positioning System: DP2
“Australia has a very active oil and gas exploration market with many large scale projects ongoing. There are many opportunities for growth, and we are happy to see that we continue to entrench our presence there. Apart from extending our lead in Australia, the Group is also looking to expand in other markets. We currently have 2 vessels deployed in Vietnam waters now, and are actively trying to build our presence there.” Mr. Garrick Stanley, Chief Executive Officer
About Otto Marine Limited
Otto Marine Limited is an offshore marine group which owns and operates a large fleet of offshore support vessels and is engaged in specialized shipbuilding of offshore vessels for primarily Deep Sea applications. The shipbuilding includes ship repair and conversion. Headquartered in Singapore, the Company owns/leases and operates 64 offshore vessels and one of the largest shipyards in Batam, Indonesia - one of the most sophisticated yards in Asia Pacific. The yard is building to ABS, DNV and Norwegian class standards. Its customers are primarily deep sea and offshore operators and equipment companies who provide logistics support and offshore services to companies operating globally in the oil and gas industry.