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Great Offshore inks long term charters

01 Apr 2009

Great Offshore Limited has entered into a 3 year charter commencing end April 2009 with ONGC for three of its vessels (1 PSV and 2 AHTSVs) for operating in offshore India for an aggregate contract value of around USD 65 mn.


Two vessels would commence their respective charters on cessation of their earlier long term charters of around 3 years, while one vessel would migrate from its existing spot fixture to long term charter.


This is in alignment with the strategy of ensuring utilisation and sustained revenues in most challenging business environment in the best interest of all stakeholders.crackcrack
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