Icon Offshore wins workboat chartering contract

0
2868
Source: ICON Offshore

Icon Offshore announced that its Brunei subsidiary company, Icon Bahtera (B) Sdn. Bhd. (“IBSB”) has received an award on the charter of its vessels namely Icon Valiant and Icon Aliza (“Vessels”) , from charterer Zell Transportation Sdn. Bhd. (“ZT”)

In a statement to Bursa Malaysia, the Group said, Brunei Shell Petroleum Co Sdn Bhd and ZT have signed the contracts relating to the charter of the vessels. ZT, in turn, as the contract holder for the BSP Contract has entered into an arrangement for the provision of offshore support vessels and chartering services with IBSB for, amongst others, the charter of the Vessels to ZT. 

“The expected commencement hire date for Valiant is 1st March 2021 for a primary contract duration of six (6) years with two (2) -time extension option of one (1) year each and ten (10) months campaign period per year. Meanwhile the expected commencement hire date for Aliza is 1st February 2021 for a primary contract duration of six (6) years with two (2) -time extension option of one (1) year each” it said. 

Icon Offshore Berhad is the largest offshore support vessel (OSV) provider in Malaysia and one of the largest in Southeast Asia in terms of number of OSVs. Both Icon Valiant and Icon Aliza is part of AWBs fleet of the group.