Singapore-listed owner PACC Offshore Services Holdings (POSH) has struck a shipmanagement deal for a semi-submersible crane vessel.
The Robert Kuok-controlled company said Singapore asset manager Ocean Challenger will hand over the running of its 33,600-gt CIMC Gretha (built 2012) as part of a strategic partnership.
"This is in line with the goals of the strategic partnership between POSH and Ocean Challenger to leverage their respective strengths in offshore marine operations as well as shipbuilding and engineering to jointly cater to a wider portfolio of clients," POSH said.
