PSA Marine Expands into Middle East

PSA Marine Qalhat SAOC (PSAMQ), a joint venture company formed between PSA Marine (Pte) Ltd (PSA Marine) and Golden Dunes International LLC (GDI), will commence towage operations for Oman LNG LLC (OLNG) in Sur, Oman on 11 January 2015. The contract will be for a period of 10 years. OLNG, a joint venture between the Omani Government (51%), Shell (30%) and other notable global energy players, is currently Oman’s only exporter of liquefied natural gas.

Four newly-built 65-tonne bollard pull tugs were delivered ahead of commencement date to support PSAMQ’s towage Mr Peter Chew, Managing Director of PSA Marine commented, “PSA Marine is honoured and pleased to be given this opportunity to provide towage services for OLNG. We will leverage on our global experience and expertise to ensure a smooth operation. In addition, PSA Marine will strive to contribute and make a difference to the local community in Sur.”

Mr Masoud Al-Barwani, CEO of GDI said, “GDI is proud to be associated with PSA Marine on this long-term OLNG venture. While there are a number of international players equipped to provide such services, we have decided to join hands with PSA Marine. We stand committed in ensuring knowledge transfer to Omanis and to uphold the principles of In Country Values and Corporate Social Responsibility to the community.”