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Indonesian offshore vessel operator Wintermar has strengthened its footprint in Brunei through a venture with a local-based partner. Wintermar said the partnership called Savwin in which it will hold 49% stake should give the company an advantage in tendering for longer term contracts in Brunei which favour local content. Savwin will initially operate a fast multipurpose supply vessel which is currently on a long-term contract until 2027. Wintermar has been present in Brunei since 2014. The company operates nearly 50 OSVs with utilisation at 74% at the end of the fourth quarter of 2023 and contracts on hand worth about $82m. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); }); TagsBrunei Indonesia
Wintermar sets up OSV venture in Brunei
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