Otto bags new-build double

Contract win: Otto will build two AHTS vessels for an unnamed Indonesian client

Singapore's Otto Marine has landed a new orders to build two offshore vessels worth a combined $27.8 million.

The two identical 5150 bhp anchor handling tug supply vessels will measure about 62 metres in length and meet ABS class requirements.

Otto did not name the client in Monday's release, saying only that they were “a renown Indonesian operator”.

Both vessels are scheduled for delivery in the second half of 2014.

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