Jaya Holdings signs 2-year deal worth $25 million to charter out supply vessel
Jaya Holdings has signed a contract to charter its new build platform supply vessel for a long term operation in the Indian Ocean, off Mozambique.
The two year contract has a value of more than US$20 million (S$25.3 million).
The vessel is now being upgraded with additional equipment required for the charter's work scope prior to delivery from Jaya's own yard in Batam, Indonesia at the end of September.
The work scope includes remotely operated vehicle support, survey work and core sampling in water depths of up to 2,000 metres.