Icon Offshore has tied up one of its PSVs in a potential three year charter deal to compatriot Borneo Seaoffshore.
The Malaysian offshore supply vessel operator says the deal is for a firm period of two years plus an option for a third year.
Kuala Lumpur-listed Icon Offshore said the charter is worth MYR 51m ($12.1m) inclusive of the extension option.
News of the charter came as the company reported a 71% year-on-year decline in third quarter net profit to MYR 5.5m.
Revenue
