COO resigns from Malaysian OSV owner

The resignation is effective as of 1 January 2020.

Captain Hassan has more than 40 years’ experience in the marine industry, holding positions at MISC Bhd, Petronas Carigali, ALAM, Orient Overseas Container Line (Malaysia), and other shipping companies.

He was appointed COO on 30 November 2017, following the departure of Amir Hamzah Azisan, who left the company for a management position at Themed Attractions Resorts & Hotels.

One of the largest OSV owners in Malaysia, ICON Offshore reported a loss per share of US$1.51 for the nine months ending 30 September 2019, an improvement over a year earlier for the same period when it reported a US$2.11 per share loss.

Icon Offshore also reported some positive news in late November, when it said it had secured a long-term contract extension for the accommodation vessel Icon Valiant from Zell Transportation worth RM33.4M (US$8M). The extension would be from 1 November 2019 to 28 February 2021. The contract contains an option to extend the charter to 28 February 2023.