Otto Marine Limited, a leading offshore marine company that specializes in building complex offshore support vessels, ship chartering and offers specialized off shore services, announced that its shipyard has secured three new shipbuilding contrac ts worth a total of USD23 million.
The contracts include one unit of 6,500 LTDW (Long Tons Deadweight) product oil tanker, which will be ABS-class, measuring 109 meters in length, with cargo oil tank capacity of 8,300 cubic meters. The other two contracts were for two units of 1,200 GT (Gross Tonnage) ferry. The order for the product oil tanker was placed by a local Indonesian firm, and the orders for the ferries were placed by an Indonesian state-owned enterprise.