Coastal Contracts bags vessel sales worth RM287m

General – Sale of SOVs

Coastal Contracts from Malaysia has secured contracts for the sale of two units of offshore support vessels for an aggregate value of RM287.3 million. 

In a bourse filing, the offshore support vessel and gas processing facility operator said the revenue stream from the latest contracts is expected to contribute significantly to earnings of the group for the financial year ending June 30, 2023.

Original Source: https://ocean-energyresources.com/2023/04/05/coastal-contracts-bags-vessel-sales-worth-rm287m/