The Singapore-listed firm revealed itself as the builder oftwo platform supply vessels (PSV) for Mermaid Marine Australia (MMA).

As we reported on the Monday the order is underpinned by five-yearcharters with Japan’s Inpex for work on the Ichthys LNG project off Western Australia.

The firm period of the contracts are worth AUD 160m ($144m) withextension options potentially bring the value to AUD 500m.

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