ASIA

Otto sells ROV support to RY

SHIPBUILDER Otto Marine has sold multi-purpose field support and ROV support vessel Otto Explorer...

Otto sells ROV support to RY

On completion of the sale, RY will charter the vessel to Otto subsidiary Go Marine Group. Otto chairman and group chief executive officer Yaw Chee Siew owns a 29% stake in RY. RY has paid a $US1 million...

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