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Otto Marine

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Related News

Otto Marine: Sold Work Maintenance Vessel For US$38.0 Million.

19 Sep 2012 18:15 Recognises net gain of US$16.8 million that will be reflected in upcoming 3QFY2012 results. The 75 meter Work Maintenance Vessel, Oranda 1, was simultaneously bareboat chartered back by the Group's subsidiary to execute time-charter contract in the Gulf of Mexico. Sales transaction sets to improve the Group's cash flow and balance sheet...

More information available here.

Source: ShareInvestor Express
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