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    Malaysia: Alam Maritime secures contract for pipelay barge

    Contracts, Tenders and Rates // October 22, 2012

    The Board of Directors of Alam Maritim Resources Berhad in Malaysia have announced that its jointly controlled entity, Alam Swiber DLB (L) Inc, has entered into a charter party agreement with Newcruz Offshore Marine Pte Ltd for the charter of a pipelay barge identified as 1MAS-300.

    The contract, valued at approximately RM18.00 million, is for a firm charter period of 175 days. The contract was expected to commence by the third week of October 2012.

     

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