Otto Marine Announces Two Newbuilding Contracts

The Board of Directors of Otto Marine Limited announced that its subsidiary, PT Batamec shipyard has clinched two newbuilding contracts from its repeated reputable Indonesian customer to build two 3000 HP Habour Tugs for a consideration of approximately USD 9 million. 

The Vessels are expected to be completed by fourth quarter of 2014.

PT. Batamec is situated in the north-west of Batam Island Indonesia and occupies a land area of 71 hectares with waterfront area of 1039 m and mean water level 7m deep.

The yard is involved in Shipbuilding and Ship Repair with Syncrolift facilities, manufacturing and general Engineering for Onshore and Offshore Industries.

Otto Marine, November 18, 2013

Share this article

Follow World Maritime News

In Depth>

Events>

<< Apr 2018 >>
MTWTFSS
26 27 28 29 30 31 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 1 2 3 4 5 6

Singapore Maritime Technology Conference and Exhibition (SMTC) 2018

The 3rd Singapore Maritime Technology Conference and Exhibition (SMTC) 2018 is organized by the Maritime and Port Authority of Singapore…

read more >

Singapore Maritime Week 2018

Singapore Maritime Week (SMW), organised annually by Maritime and Port Authority of Singapore (MPA) and attracts…

read more >

8th Dredging & Land Reclamation World Summit 2018

The 8th Dredging and Land Reclamation Summit 2018 will gather the decision makers from Authorities and Operators responsible for ports…

read more >

Shipping 360

This course is ideal for those who have recently joined the maritime sector and those who need to have a better understanding…

read more >