KUALA LUMPUR (June 9): Sealink International Bhd (KL:SEALINK) said on Monday that access to its fire-damaged vessel in Brazil remains restricted due to prevailing site conditions, delaying a full on-site assessment of the damage.
In a filing with Bursa Malaysia, the Sarawak-based offshore support vessel operator said it has dispatched a team and appointed surveyors to be physically present at the location to fully appraise the situation.
Sealink said the team is working in close coordination with the charterer and relevant authorities to gain access as soon as conditions permit.
"There are no reported casualties, and the vessel continues to operate under a bareboat charter arrangement," the company said. "Given the restricted access and ongoing investigations, there have been no further material developments to report since the company’s last announcement."
The vessel is covered by hull and machinery insurance, Sealink added.
In reporting the fire incident on May 28, Sealink said it took place on May 17 but the company was informed about it only on May 21.
Sealink said it was cooperating closely with the charterer and local authorities to investigate the cause and surrounding circumstances of the fire.
The company owns a fleet of 22 offshore support vessels, servicing clients across the oil and gas sector in Malaysia and internationally.
Shares in Sealink ended unchanged at 14.5 sen on Monday, giving the company a market capitalisation of RM72.5 million.