Petra to add AHTS vessel

Petra Perdana Berhand has a memorandum of agreement with SK Line Co. Ltd. for a new $12.34 million anchor handling/offshore support vessel.

Offshore staff

SINGAPORE -- Petra Perdana Berhand has a memorandum of agreement with SK Line Co. Ltd. for a new $12.34 million anchor handling/offshore support vessel.

Currently under construction, the vessel is scheduled for delivery 3Q07.

9/7/06

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