9th Oct 2015 08:26
LONDON (Alliance News) - Ocean Wilsons Holdings Ltd Friday said Wilson Sons Ultratug Offshore, in which its subsidiary Wilson Sons Ltd owns a 50% stake, has completed the original contact with Petrobras for the platform supply vessel Fragata.
The investment and maritime services company said the contract was effective for eight years, plus two additional extensions of 90 and 60 days, respectively.
The vessel is currently second placed behind another Wilson vessel for contracts in its category in the April 2015 public bid process conducted by Petrobras, for which it is awaiting a conclusion.
Petrobras is a state-controlled Brazilian multinational energy company.
Separately, Ocean Wilsons said that volumes for Wilson Son's container terminals rose 15.2% in the third quarter of 2015, and 4.1% in the first nine months of the year.
Shares in Ocean Wilsons were trading up 2.4% at 778.00 pence Friday morning.
By Karolina Kaminska; [email protected] @KarolinaAllNews
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