Singapore-listed Jaya Holdings Ltd. has reported delivery of its first high-specification Deepwater Platform Supply
Vessel (PSV), the Jaya Valour. The vessel went on-hire immediately, as part of a long- term charter contract in SE Asia with an existing customer undertaking fracturing work. Jaya Valour is one of four PSVs in Jaya’s newbuild program, of which three have already won charter contracts. The total value of these three contracts so far is put at more than US $60 million, including optional extension periods.