Alam Maritim bags charter contract

PETALING JAYA: Alam Maritim Resources Bhd's wholly-owned unit, Alam Maritim (M) Sdn Bhd, has been awarded a contract from Petronas Carigali Sdn Bhd (PCSB) to provide spot charter marine vessels.
The two year contract is effective from Jan 29, 2015 until Jan 28, 2017 with an extension option of another one year up to Jan 28, 2018.
Alam Maritim said it has been awarded seven out of the eight packages offered by PCSB under the umbrella contract and allows the company to provide marine vessels.
"The contract shall enable Alam Maritim to provide the vessels, crew and associated equipment for continuous 24-hour operations," it told Bursa Malaysia yesterday.
It did not provide the contract total value saying that it will depend on the actual number of days the vessels will be on-hire based on instructions from the PCSB from time to time.
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