The US oil major’s Malaysian subsidiary will take thevessel for another twelve months effective 1 February 2014 in a deal worth MYR59m ($17.8m).
ExxonMobilfirst chartered the barge in May 2012 for an initial eighteen months plus anoption for a further twelve months.
That option has now been exercised and meansAlam Maritim will have earned MYR 125.6m from the contract from its 30 monthduration.
TheKuala
