Vallianz Holdings has looked to distance itself from any potential impact from the collapse of Swiber Holdings.
It said its order book comprises mainly contracts with third-party customers that are not related to Swiber and its subsidiaries, joint ventures or associates.
“The bulk of the group’s order book of $1.2 billion that was reported in May 2016 is made up of long-term charter contracts to third parties in the Middle East,” it added.
Vallianz
