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Jan
21
Mercator Lines arm signs USD 225 mn contract
Posted on: January 21, 2010 at 12:25 pm | 86 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.
Tags:floating storage, mercator-lines, mobile, Singapore, subsidiary, USD, USD 225 million
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