ENGLISH
|
JAPANESE
|
CONNECT WITH US:
Home
About
Contact
Log in
*
Home
Press release
May 25, 2021 20:00 JST
Source:
PT Wintermar Offshore Marine Tbk
Wintermar wins 5-year contract for 2 OSVs supporting Indonesian Oilfield
JAKARTA, May 25, 2021 - (ACN Newswire) - Wintermar group has been awarded a 5 year contract to provide 2 Offshore Support Vessels for a multinational oil and gas company in Indonesia.
Wintermar will supply 2 units of Anchor Handling Tug Supply vessels to support production off the northern coast of East Java for a period of 5 years. The vessels will support an FPSO (Floating Production Storage Offtake) unit in a producing field. The total contract value of the contract for this project amounts to US$ 22 Million.
"We are pleased to have been selected to support this project by a leading multinational oil and gas company. This affirms our clients' recognition of Wintermar's committed efforts to ensure high standards of quality, health and safety," said Sugiman Layanto, Managing Director of PT Wintermar Offshore Marine Tbk. "This long term contract underlines the Indonesian government commitment to invest heavily to raise the country's output of oil and gas after some years of decline. Wintermar as the leader in the domestic offshore vessel industry is ready to play our role."
As at 24 May 2021, the Company's contracts on hand amount to USD 76.7 million.
--Building growth and sustainability for the coming recovery
As the oil industry is recovering globally, there are more projects being reactivated again. The Management has been studying some potential projects to position for a recovery. During the past two years, the Company has sold many older vessels and reduced gearing to 31% by end December 2020. Overhead costs have been significantly reduced and the company has a strong commitment to sustainability.
--Commitment to Seafarers' wellbeing
Wintermar has also signed our commitment to the Neptune Declaration on Seafarers Wellbeing and Crew change. Recognising that the COVID-19 pandemic has caused a lot of disruption and impacted thousands of crew around the world, signatories to the Neptune Declaration recognize that seafarers are key workers pledges to pursue best practices for health protocols, speed up access to vaccinations and collaborate to do what is necessary to protect seafarers and expedite crew change. More information can be read here:
https://www.globalmaritimeforum.org/content/2020/12/The-Neptune-Declaration-on-Seafarer-Wellbeing-and-Crew-Change.pdf
About Wintermar Offshore Marine Group
Wintermar Offshore Marine Group (WINS.JK), developed over nearly 50 years with a track record of quality that is both a source of pride and responsibility that we are dedicated to upholding, and sails a fleet of more than 48 Offshore Support Vessels ready for long term as well as spot charters. All vessels are operated by an experienced Indonesian crew, tracked by satellite systems and monitored in real-time by shore-based Vessel Teams.
Wintermar is the first shipping company in Indonesia to be certified with an Integrated Management System by Lloyd's Register Quality Assurance, and is currently certified with ISO 9001:2015 (Quality), ISO14001:2015 (Environment) and OHSAS 18001:2007 (Occupational Health and Safety). For more information, please visit www.wintermar.com.
For further information, please contact:
Ms. Pek Swan Layanto, CFA
Investor Relations
PT Wintermar Offshore Marine Tbk
Tel +62-21 530 5201
Email:
investor_relations@wintermar.com
Source: PT Wintermar Offshore Marine Tbk
Sectors: Marine & Offshore
Copyright ©2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
Latest Release
JCB enables JCB Contactless acceptance at Taichung MRT in Taiwan
Apr 26, 2024 10:00 JST
Mazda Production and Sales Results for March 2024 and for April 2023 through March 2024
Apr 25, 2024 18:21 JST
MHI Begins Operation of SOEC Test Module the Next-Generation High-Efficiency Hydrogen Production Technology at Takasago Hydrogen Park
Apr 25, 2024 17:45 JST
GAC Honda to Begin Sales of All-new e:NP2, the Second Model of e:N Series
Apr 25, 2024 16:50 JST
Toyota Exhibiting at Beijing Motor Show 2024
Apr 25, 2024 16:25 JST
Honda Reaches Basic Agreement with Asahi Kasei on Collaboration for Production of Battery Separators for Automotive Batteries in Canada
Apr 25, 2024 11:10 JST
UNIQLO Sponsors KAWS + Warhol Exhibition Tour, Starting in Pittsburgh
Apr 25, 2024 09:00 JST
Mitsubishi Power Begins Commercial Operation of Seventh M701JAC Gas Turbine in Thailand GTCC Project; Achieves 75,000 AOH To-Date
Apr 24, 2024 17:19 JST
MC and Denka Sign J/V Agreement in Fullerene Business
Apr 24, 2024 17:02 JST
Mitsubishi Motors Posts Record Sales in the Philippines in FY2023
Apr 24, 2024 13:56 JST
NEC Develops High-speed Generative AI Large Language Models (LLM) with World-class Performance
Apr 24, 2024 13:25 JST
Fujitsu SX Survey reveals key success factors for sustainability
Apr 23, 2024 10:25 JST
Fujitsu and METRON collaborate to drive ESG success: slashing energy costs, boosting productivity with new manufacturing industry solutions
Apr 22, 2024 16:09 JST
NEC Strengthens Commitment to Space Industry with Investment in Seraphim Space Venture Fund II
Apr 22, 2024 15:09 JST
Soft Space Launches the First and Only JCB Payment Gateway in Malaysia
Apr 22, 2024 15:00 JST
TOYOTA GAZOO Racing takes a one-two in Croatian thriller
Apr 22, 2024 10:47 JST
First-ever Mazda CX-80 Crossover SUV Unveiled in Europe
Apr 19, 2024 13:50 JST
Fujitsu develops technology to convert corporate digital identity credentials, enabling participation of non-European companies in European data spaces
Apr 19, 2024 10:17 JST
Mitsubishi Heavy Industries and NGK to Jointly Develop Hydrogen Purification System from Ammonia Cracking Gas
Apr 18, 2024 17:01 JST
Toyota Launches All-New Land Cruiser "250" Series in Japan
Apr 18, 2024 13:39 JST
More Latest Release >>
Related Release
Wintermar Offshore (WINS:JK) Reports 1Q2024 Results
April 29 2024 12:00 JST
Wintermar Offshore (WINS:JK) Reports FY2023 Results
March 29 2024 10:15 JST
Wintermar Offshore (WINS:JK) Invests in Bruneian Company for Offshore Supply Vessel Operations
February 02 2024 14:00 JST
Wintermar Offshore (WINS:JK) Reports 9M2023 Results
October 30 2023 11:00 JST
Wintermar Offshore (WINS:JK) Reports 1H2023 Results
July 31 2023 17:00 JST
Wintermar Offshore (WINS:JK) Public Expose 2023
June 16 2023 15:45 JST
Wintermar Offshore (WINS:JK) Reports 1Q2023 Results
April 27 2023 21:00 JST
Wintermar Offshore (WINS:JK) Wins Silver Award for Asia's Best SME Sustainability Reporting Award
April 03 2023 14:00 JST
Wintermar Offshore (WINS:JK) Reports FY2022 Results
March 31 2023 11:00 JST
Wintermar Offshore (WINS:JK) Fully Repays USD 45 Million Loan to IFC
December 06 2022 12:00 JST
More Press release >>