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Fossil Energy

about 13 years ago

RY Offshore Buys ROV Support Vessel from Otto Marine

Singapore’s Otto Marine today informed that its shipyard has sold a Multi-purpose Field Support and ROV Support Vessel to RY Offshore Limited for an aggregate consideration of approximately US$50 million. Upon completion of the sale, RY Offshore will charter the vessel to Go Marine Group Pty Ltd. Th

1 minutes read

Singapore’s Otto Marine today informed that its shipyard has sold a Multi-purpose Field Support and ROV Support Vessel to RY Offshore Limited for an aggregate consideration of approximately US$50 million. Upon completion of the sale, RY Offshore will charter the vessel to Go Marine Group Pty Ltd.

The Vessel design MT6009L is from a renowned Norwegian Design house Marin Teknikk and is DNV Classed. The DP2 hybrid diesel electric driven vessel is built at the Company’s shipyard in Batam, Indonesia. The vessel will be handed over to the buyer following the completion of legal documentation and a final inspection.

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