Two Robert Kuok-led Singapore companies have reportedly teamed up amid the Covid-19 pandemic in a mutually beneficial charter deal.

PACC Offshore Services Holdings (POSH) is said to have fixed its Panama-flag, 197-person accommodation vessel POSH Bangka (built 1998) to PaxOcean.

The vessel is being used to house the healthy workers at PaxOcean’s shipyard in Singapore, according to Fearnley Offshore Supply.