Advertisement

Fossil Energy

about 13 years ago

Otto Completes Sale of ROV Support Vessel ‘Otto Explorer’

Singapore’s Otto Marine Limited today announced it has sold an ROV Support Vessel to RY Offshore. The Multi-purpose Field Support and ROV Support Vessel, “Otto Explorer 3”, Otto Explorer 3 Limited, was sold for an aggregate consideration of approximately US$50 million. Ry Offshore will now charter t

1 minutes read

Singapore’s Otto Marine Limited today announced it has sold an ROV Support Vessel to RY Offshore.

The Multi-purpose Field Support and ROV Support Vessel, “Otto Explorer 3”, Otto Explorer 3 Limited, was sold for an aggregate consideration of approximately US$50 million.

Ry Offshore will now charter the vessel to the Company’s subsidiary, Go Marine Group Pty Ltd.

The 79.67 meters long vessel was built at the company’s shipyard in Batam, Indonesia.

Reach the Offshore Energy industry in one go!

Offshore Energy is read by thousands of professionals every day.

Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.

CONTACT

Follow Offshore Energy on:

Daily Offshore Energy News in Your Mailbox

Join thousands of industry professionals who start their day with our newsletter.