PROCUREMENT NEWS

Singapore : Vallianz bags US$82m contract for shipping services in Latin America

Published 16 May 2014

OFFSHORE marine solutions provider Vallianz received a letter of award (LOA) for the provision of charter and ship management services worth US$82 million to a major offshore construction company for work in Latin America.

For this award, vessels including submersible vessels, pipe carriers, platform supply vessels , anchor handling tug supply vessels and cargo barges will be deployed in Latin America from the third quarter of FY2014 to FY2015.

Vallianz will also provide a full suite of offshore marine support services, including mobilisation, demobilisation, marine logistics support and operational services.

With the new contract, Vallianz's order book has been boosted to US$524 million.

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