Alam Maritim’s subsidiary secures RM24.8 mil Petronas Carigali contract

ALAM Maritim Resources Bhd’s wholly-owned subsidiary, Alam Maritim (M) Sdn Bhd, has been awarded with a work order worth RM24.8 mil for the provision of anchor handling tug supply for Petronas Carigali Sdn Bhd.

In a filing with Bursa Malaysia, Alam Maritim Resources said the charter duration is up to 460 days from commencement date of Feb 11, 2020.

“The contract is expected to contribute positively to the earnings and net tangible assets of Alam Maritim Resources and its group of companies for the financial year ending Dec 31, 2020 and thereafter within the duration of the contract,” it added. – April 3, 2020, Bernama

 

 

 

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