Otto Marine Limited says that its wholly-owned subsidiary, Go Offshore Pty Ltd. (GO Offshore), has entered into an agreement (Agreement) with a world-renowned port operator, to become the latter’s preferred offshore and marine service provider.

Under the Agreement, if the port operator requires marine or offshore vessel services (Services) for their projects, it will issue a formal request for quote to GO Offshore as preferred service provider. GO Offshore has the right, but not the obligation, of first refusal to offer and provide such Services using one or several of the vessels that it owns, manages or operates.

Tags: Otto Marine Limited