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May 04, 2015 11:51 PM ET

Machinery

Company Overview of Alam Maritim (M) Sdn Bhd

Company Overview

Alam Maritim (M) Sdn Bhd provides ship repair and maintenance services and is based in Kuala Lumpur, Malaysia. Maritim (M) Sdn Bhd is a subsidiary of Alam Maritim Resources Berhad.

No. 38F, Level 2, Jalan Radin Anum

Bandar Baru Sri Petaling

Kuala Lumpur,  57000

Malaysia

Phone:

60 9 058 2244

Fax:

60 9 059 6845

Key Executives for Alam Maritim (M) Sdn Bhd

Alam Maritim (M) Sdn Bhd does not have any Key Executives recorded.

Alam Maritim (M) Sdn Bhd Key Developments

Alam Maritim (M) Sdn Bhd Bags Contract from Petronas Carigali Sdn Bhd for the Provision of Spot Charter Marine Vessels

Alam Maritim (M) Sdn Bhd has bagged a contract from Petronas Carigali Sdn Bhd for the provision of spot charter marine vessels. The contract was for a two-year period from Jan. 29, 2015 to Jan. 28, 2017 with an extension option of one year. The total value of the contract will depend on the actual number of days the vessels are on hire based on instructions from Petronas Carigali from time to time during the contract period.

Alam Maritim (M) Sdn Bhd Receives Letter of Award from Exxonmobil Exploration and Production Malaysia

The Board of Directors of Alam Maritim Resources Berhad announced that its wholly-owned subsidiary, Alam Maritim (M) Sdn Bhd, has recently received a Letter of Award from ExxonMobil Exploration and Production Malaysia Inc. for the provision of one unit Accommodation Work Barge/Vessel for Tapis EOR Brownfield Modifications and Retrofits Project for a total contract sum of MYR 9,918,000. The Contract is for time charter of Setia Station 2 for a period of approximately three months effective January 31, 2015.

Alam Maritim (M) Sdn Bhd Wins Contract for the Provision of Air and Saturation Diving Services for Inshore Repair and Maintenance Project in Kedah

The Board of Directors of Alam Maritim Resources Berhad announced that Alam Hidro (M) Sdn Bhd, held through Alam Maritim (M) Sdn Bhd, had received a letter of award from a reputable local main contractor for the provision of air and saturation diving services for inshore repair and maintenance project in Kedah for a total contract sum of approximately MYR 10,000,000.00. The contract is to commence on 15 February 2015 and expected to be completed by 31 March 2015. The risks associated with the contract are mainly operational risks such as accidents and unexpected breakdown of equipment and delays due to human, mechanical and logistic factors as well as weather condition. In mitigating such risks, the company will closely monitor all planned activities as per the project schedule and ALAM adheres to the quality, health, safety and environment - integrated management system in ensuring to continually deliver reasonable quality services. Further, ALAM has developed a programmed maintenance schedule which stringently adheres to the International Safety Management (ISM) Standards in maintaining performance and seaworthiness of all vessels in ALAM fleet.

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