Alam Maritim Secures Contract for Anchor Handler (Malaysia)

Malaysia’s Alam Maritim Resources Berhad has received a contract from “an established oil and gas company” for the provision of one anchor handling tug supply vessel.

The 5-year contract is expected to start in the second half this year. The client will have an option to extend the contract for another two years. The contract value is up to RM71.54 million (USD 23.1 mln) including the optional period.