Great Offshore has signed a three year charter starting in the April end with ONGC for 3 of its vessels for working in offshore India for an amassed agreement worth of approximately $65 million.
Two vessels would begin their individual charters on termination of their previous long tenure charters of about three years, whereas one vessel would travel from its on hand spot fixture to long tenure charter.
The company has also declared that it is in alliance with the company’s policy of guaranteeing utilization and unrelenting profits in most demanding business atmosphere in the best concern of all stakeholders.