Vallianz Holdings, an offshore marine solutions provider, has signed an agreement with a major offshore construction company to provide charter and ship management services worth $82m.

Under the contract, Vallianz will deploy submersible vessels, pipe carriers, platform supply vessels (PSV), anchor handling tug supply vessels (AHTS) and cargo barges in Latin America from the third quarter of FY2014 to FY2015.

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Additionally, the company will provide a full suite of offshore marine support services, including mobilisation, demobilisation, marine logistics support and operational services.

"We are pleased to be awarded our first charter and ship management contract for 2014, which augments our current order book to another new record of $524m."

Vallianz believes the contract will help it showcase its marine solutions capabilities and build on its reputation in the Latin American region.

Vallianz executive director and CEO Darren Yeo said: "We are pleased to be awarded our first charter and ship management contract for 2014, which augments our current order book to another new record of $524m.

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"This Latin America award is a strong and promising start for the year for Vallianz, and we are looking forward to riding on the exciting opportunities that this region brings.

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