Great Offshore ready to sail

Though Great Offshore’s second-quarter financial numbers were disappointing, the outlook for the coming fiscal looks better on higher utilisation of its assets.
The company, one of the largest integrated offshore oilfield services providers in India, on Wednesday informed the exchanges that it had bagged a one-year contract worth $4.3 million from GSPC to deploy its anchor handling tug supply vessel Malaviya Twenty Three. The vessel was earlier operating on short-term charters.
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Source: Daily News & Analysis