TheIndonesian shipowner, which was spun-off from Marco Polo Marine, intends todeploy the ship in domestic waters.
“Channelchecks reveal that this is a bargain-priced asset bought from a distressedyard, at a price of around $18m compared to a market rate of about $24m,” said analysts at Singapore-based investment house OSKDMG.
BBR is increasing the size of its fleet to take advantageof rising investment in Indonesia’s offshore oil and gas industry.
The
