Mercator Lines arm signs USD 225 mn contract

January 21, 2010 – 12:25 pm | 47 views
 


Mercator Lines arm signs USD 225 mn contract

Mercator Lines announced that it has through its wholly owned subsidiary in Singapore signed a long-term (7 years) contract to charter out a mobile offshore production unit and a floating storage and offloading unit.

The charter is expected to commence from September 2010 and the estimated value of the contract is about USD 225 million.

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