Work Vessel Sold For US$38m
Otto Marine Limited, an offshore marine company specializing in building offshore support vessels, ship chartering and offshore services, has sold Oranda 1, a 75meter work maintenance vessel. No indication of communications facilities were mentioned at the time of going to print. Headquartered in Singapore, the Company owns and operates one of the largest shipyards in Batam, Indonesia and is one of the most sophisticated yards in Asia Pacific. The yard is building to DNV and Norwegian class standards, primarily with customers such as deep sea and offshore operators and equipment companies who provide logistics support and offshore services.