Friday, February 23, 2018
offshore supply vessel
News

Haunted by Oil Slump, Singapore’s Otto Marine Buckles Under Debt

By Andrea Tan and David Yong (Bloomberg) — A Singapore shipping company rescued by its chairman just over a year ago faces collapse unless the courts step in, a sign...

February 23, 2018
Total Views: 2

Monday, September 26, 2016
News

Singapore Shipbuilder Otto Marine Says Creditors Seeking to Wind Up Australian Units

By David Yong (Bloomberg) — A Singapore-listed builder of ships that service offshore oil and gas facilities said some creditors are seeking to wind up its subsidiaries in Australia, adding...

September 26, 2016
Total Views: 4

Wednesday, April 1, 2015
otto marine
News

Garrick Stanley Moves Over at Otto Marine

Otto Marine, the Singapore-listed offshore support vessel owner and shipbuilder reports today Mr. Michael See Kian Heng has taken the reigns as Group Chief Executive Officer from former CEO Garrick...

April 1, 2015
Total Views: 7

Friday, February 6, 2015
toisa solitaire
News

Otto Marine Wins Long Term PSV Charters

To the envy of many in the offshore supply vessel segment, Singapore-based Otto Marine Limited won long term charter contracts for two of their platform supply vessels (PSVs) to an...

February 6, 2015
Total Views: 4

Monday, August 25, 2014
go spica psv otto marine
News

Otto Marine Clinches Long-Term AHTS Charters

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...

August 25, 2014
Total Views: 6

Sunday, August 24, 2014
work class ROV fmc technologies
News

Otto Marine Looks to go Subsea

Otto Marine Limited announced today they have appointed UOB Kay Hian Holdings Limited to advise on strategic options that will enable them to develop the international profile and competitive position of...

August 24, 2014
Total Views: 0

Wednesday, June 11, 2014
mv surf ranger subsea support ship
News

Go Offshore and SeaEnergy Formalize Relations in New Joint Venture

Otto Marine Limited announced today that its 90% held subsidiary, Go Offshore (Asia) Pte Ltd, has entered into a joint venture agreement with SeaEnergy Ship Management (SEASM) to create a...

June 11, 2014
Total Views: 2

Monday, May 19, 2014
sea frost psv go marine group
News

Otto Marine Completes Acquisition of Go Marine Group

Singapore-based Otto Marine announced today they have purchased the remaining 10 percent block of shares of Perth-based offshore services provider, Go Marine Group Pty Ltd. Otto Marine’s wholly owned subsidiary...

May 19, 2014
Total Views: 1

Wednesday, March 13, 2013
AHTS otto marine
News

Otto Marine Awarded AHTS Newbuild Contracts, First New Order in Two Years

After reporting two straight years of losses, and nearly 24 months without a single shipbuilding contract, Singapore-based Otto Marine has just been awarded a $27.8 million newbuild order for a...

March 13, 2013
Total Views: 1

Tuesday, May 15, 2012
Otto Marine Beluga 2
News

Otto Marine Wins $16.6 Million in Workboat Charter Contracts Off Congo

Singapore-based Otto Marine Ltd announced today that it has secured USD $16.6 million in ship chartering contracts from an undisclosed client for two AHTS vessels.  Both vessels will be operated by Global...

May 15, 2012
Total Views: 1

Thursday, February 9, 2012
News

Otto Marine Entrenches Deeper into West Africa with 3-year Multi-Million Dollar Contract

Global Workboats will take delivery of the 7,200 bhp AHTS in-line with the Group’s strategy to build a strong chartering fleet to tap on pockets of demand in Africa, Australia...

February 9, 2012
Total Views: 5