<div class=newsTextDataWrapInner><p>KUALA LUMPUR (May 30): Bintulu Port Holdings Bhd has awarded a RM57.91 million contract to Bunga Tenaga Sdn Bhd to build two units of 45-tonne bollard pull shiphandling tugs complete with crew.</p></div>

<div class=newsTextDataWrapInner><p>In a filing with Bursa Malaysia today, Bintulu Port said its wholly-owned subsidiary Bintulu Port Sdn Bhd has issued a letter of acceptance to Bunga Tenaga for the proposed project.</p></div>

<div class=newsTextDataWrapInner><p>Construction work on the first hull is for 16 months, while that of the second hull is for 18 months.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>"A sum of RM4,000 per tug per day shall be imposed as the liquidated and ascertained damages for (any) delay in delivery of the said tugs," said Bintulu Port.</p></div>

<div class=newsTextDataWrapInner><p>As for the hire of the two tugs, it added that the period will be 120 months with an option to renew for a period of 60 months.</p></div>

<div class=newsTextDataWrapInner><p>Bintulu Port shares were untraded today. It last closed at RM7 on May 17, for a market capitalisation of RM460 million.</p></div>

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KUALA LUMPUR (May 30): Bintulu Port Holdings Bhd has awarded a RM57.91 million contract to Bunga Tenaga Sdn Bhd to build two units of 45-tonne bollard pull shiphandling tugs complete with crew.

In a filing with Bursa Malaysia today, Bintulu Port said its wholly-owned subsidiary Bintulu ...

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