XINDE MARINE NEWS
Wintermar Offshore Acquires 2 Additional AHTS and Celebrates the 12th Anniversary of Listing on IDX Xinde Marine News 2022-11-30 16:45


JAKARTA, Nov 30, 2022 - (ACN Newswire) - PT Wintermar Offshore Marine Tbk (WINS:JK), has acquired 2 units of 7000BHP Anchor Handling Tug Supply (AHTS), to be named SMS Sonnet and SMS Stanza. The two AHTS will be delivered by December 2022, are ABS classed and have DP1 and FiFi1 capability, and expected to be utilized from 1Q2023.

Including these two vessels, Wintermar has added 8 vessels to the fleet for the year 2022, comprising 1 unit Platform Supply Vessel (PSV), 2 units 5000BHP AHTS, 1 unit 6000BHP AHTS and this latest addition of two units of 7000BHP AHTS, for a total capex of US$ 12 million.

With this latest purchase, Wintermar's fleet will be increased the fleet to 41 Vessels by end December 2022. The Company is positioning for strong growth in the current environment of higher global OSV demand and is optimistic that charter rates will continue to rise in 2023.

Wintermar's 12th IPO anniversary

Today also marks the Company's 12th IPO anniversary, as Wintermar's shares were first listed on the IDX on November 29, 2010. Upon listing, the Company's fleet comprised 59 vessels of which 40 were low tier comprising of small tugs and barges, landing crafts and crew boats, while only 2 units were high tier vessels comprising Platform Supply Vessels (PSVs).

In the following years since IPO, Wintermar has grown and transformed into an international operator of Offshore Supply Vessels with high quality DP2 vessels and a strong international client base. Of the 41 vessels in the fleet by end 2022, only 1 unit is in the low tier vessel category and 11 units are high tier vessels.

As at the end of October 2022, the total remaining contracts on hand amount to US$69.4 million.


The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.

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