Alam Maritim clinches AHTS contract from Petronas Carigali

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Alam Maritim Resources Berhad has been awarded contract to provide Anchor Handling Tug Supply (AHTS) vessels to Petronas Carigali Sdn Bhd

In a filing to Bursa Malaysia today, ALAM through its wholly owned subsidiary, Alam Maritim (M) Sdn Bhd will assign Setia Jihad for the contract. The contract is estimated worth of RM 14,416,400 with up to 152 days firm charter duration, with an extension up to 152 days.

“The contract is expected to contribute positively to the earnings and net tangible assets of Alam Maritim and its group of companies for the financial year ending Dec 31, 2019 and thereafter within the duration of the contract,” the group said.

Read here. Previously, Alam Maritim has been awarded AHTS contract for Taha Assafa.