PETALING JAYA: Shares of Perdana Petroleum Bhd
and Alam Maritim Bhd fell yesterday on worries that charter rates in the offshore support vessels (OSV) market may have already peaked.
A StarBiz report yesterday quoted Petroliam Nasional Bhd (Petronas) president and chief executive officer Tan Sri Shamsul Azhar Abbas as saying that domestic OSV charter rates had dropped 15% below market rates.
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