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Vallianz announces new contract wins worth up to $160 mil

Michelle Zhu Published on Tue, May 23, 2017 / 5:14 PM GMT+8

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SINGAPORE (May 23): Vallianz Holdings has secured long-term charter contracts valued at up to a total of US$115 million ($160 million) for four vessels, which were awarded by as two offshore marine services companies based in Egypt and Turkmenistan respectively, as well as a national oil company (NOC) in the Middle East.

With these contract wins, the group’s outstanding chartering services order book has been brought to US$1.03 billion in aggregate.

In a Tuesday announcement, the provider of offshore support vessels (OSVs) and integrated offshore marine solutions says its latest contract wins also mark its entry into two new markets in the Middle East and Central Asia.