Otto Marine Clinches Long-Term AHTS Charters

GO Spica, image via Otto Marine

Otto Marine Limited announced today the signing of long term charters for two of their deep water anchor handlers, GO Sirius and GO Spica, worth AUD57 million.

Employed in drilling and pre-lay support, the 16,300 BHP DP2 AHTS vessel GO Spica with the 210 tons of bollard pull capacity, will be mobilized to Australia for a long term charter off the Northwest coast of Australia this month and operated by GO Marine Group.

In addition to the GO Spica, another of the Group’s 16,300 BHP Vessel, GO Sirius, has secured term work out of Darwin in support of another 0il major.

Otto Marine notes the GO Sirius has been working in Australia for the past two years in support of drilling and construction projects.

“The Group has a long and successful track record in working with the Oil majors. We are again honoured to have been selected and we look forward in maintaining our long standing relationships with this key client.  It is with great pride that we see the GO Spica going to Australia to join the GO Sirius as part of our Deep Water support fleet. The Group’s focus is to continue to divest from our smaller tonnage whilst focusing on a Deep Water Anchor Handlers, PSV’s and IMR vessels around the world,” commented Garrick Stanley, Chief Executive Officer of Otto Marine.

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