Icon Offshore Berhad’s subsidiary, Icon Bahtera, has secured a long term time contract to charter the accommodation workboat within the ICON fleet of vessels, namely Icon Valiant, with Zell Transportation, a company based in Brunei.
The contract is valued at approximately RM99 million ($27.1 million).
According to Icon Offshore’s Bursa Malaysia filing, the charter period under the contract started on April 10, 2015 and it will continue for a period of two years from the charter period with an option for an extension of one year.
Under the contract, Icon Bahtera is required to provide amongst others, offshore support vessel including the provision of time charter of the accommodation workboat and crew to Zell.
Offshore Energy Today Staff