Pacific Radiance stalls $140M worth charter

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By Offshore Energy Today.. Singapore-based provider of offshore marine services Pacific Radiance has delayed a charter for one of its offshore support vessels, that is still under construction, by a year. In November 2014, the company’s joint venture with DOT Holdings, named DOT Radiance, secured a long-term charter contract for one of its vessels ahead of its expected delivery in 2016/17. […]

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