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2014 October 20   13:09

Vallianz signs new charter contracts worth US$64 mln

Vallianz Holdings Limited, provider of offshore support vessels and integrated marine solutions to the oil and gas industry, is continuing to expand its global reach by clinching Letters of Award and new charter contracts with total value of US$64 million in Mexico, West Africa and the Asia Pacific region, the company said in its press release.

The Group will be supplying vessels ranging from anchor handling tug supply vessels (AHTS), platform supply vessels (PSV) and barges for periods of up to 3 years.

The new contracts also include the supply of vessels to projects in Asia Pacific which further entrenches the Group’s position in the region. The contracts are expected to contribute positively to the Group’s financial performance from its next fin ancial year ending 31 December 2015.

About Vallianz Holdings Limited

Vallianz Holdings Limited is a fast growing provider of offshore support vessels and integrated offshore marine solutions to the oil and gas industry. Headquartered in Singapore, the Group provides offshore marine services to oil majors and national oil companies worldwide. Today, Vallianz owns a fleet of over 29 offshore support vessels and covers markets in Asia Pacific, the Middle East and Latin America.

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