Australia-based outfit Go Marine,in which Otto controls a 90% stake, has offloaded the GO 4 IT, GO Puriya, GOShaula, Piparn, Yikara, Minotaur and Centaur.
The vessels were picked up by RSOVMarine, a company 29% controlled by Otto executive chairman and largestshareholder Yaw Chee Siew.
Singapore-listed Otto Marinebooked a profit of $4.1m in the three months to 30 September, a rise of 8.4%
