Vallianz inks charter contracts worth up to $634.6m
To lengthen the charter duration of its OSVs in the Middle East.
Vallianz Inks New Contracts Worth up to US$458M, Lengthening the Charter Duration for 19 OSVs in the Middle East
Vallianz Holdings has signed new contracts valued up to $634.6m (US$458m). This has lengthened the charter duration for 19 of its offshore support vessels (OSV) currently deployed to an existing customer in the Middle East.
With the new time charter contracts, which modify certain terms in Vallianz’s previous contracts with the NOC, these vessels will continue to be deployed to the customer until June 2018, with an option to extend for two more years until June 2020.