After losses in the financial years of 2011 and 2012, the Singapore-listed company is looking ahead with optimism and is now focusing on renewing its fleet.
There are already four platform supply vessels (PSVs) and four work maintenance vessels (WMVs) in its orderbook.
The group’s new offshore charter business in the first half totalled $400m, with average terms of three to five years, while total forward orders now stand at more than $450m.
Executive
