Icon Bahtera (IBSB), the Brunei subsidiary of Malaysia's Icon Offshore, has received an extension on the charter of the platform supply vessel (PSV) Icon Kayra from charterer Zell Transportation, the company said in a statement dated July 10.
The time charter was originally awarded on April 16, 2014 and had a firm period of five years with an option to extend for another two years.
The extension has an approximate value of RM36 million (US$8.75 million).