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SHIP obtains an LPG FSO lease contract valued at US$ 265.17 million

16 January 2020 14:38

JAKARTA - PT Suasana Benua Sukses, a subsidiary of PT Sillo Maritime Perdana Tbk (SHIP) obtained an extension of the FSO LPG rental contract until 2023 valued at US$ 265.17 million. The price of the previous employment contract was US$ 126.36 million.

As quoted from the disclosure of company information, Herjati, Director of PT Sillo Maritime Perdana Tbk (SILO) said the extension of the FSO LPG rental contract came from Petrochina International Jabung Ltd which was signed yesterday (14/1). "The two companies have no affiliation," he said.

The extension of the LPO FSO lease contract will end on February 26, 2023. With this transaction, the company will get a new source of income and increase revenue in the long run. (LK)

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