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Great Offshore enters into three year charter with ONGC

This article was posted on Mar 31, 2009 and is filed under Stock News

Two vessels would commence their respective charters on cessation of their earlier long term charters of around 3 years, while one vessel would migrate from its existing spot fixture to long term charter.

Great Offshore announced that it has entered into three year charter commencing end April 2009 with ONGC. The aggregate value of the three year firm charter is around US$65mn.

Two vessels would commence their respective charters on cessation of their earlier long term charters of around 3 years, while one vessel would migrate from its existing spot fixture to long term charter.

source: Indiainfoline

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