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Chartering & Subcontracting
Chartering
Typically involves hiring dredgers and vessel owners provide dredgers together with crew members. Charter agreements are negotiated and determined based on factors such as the type, cost and age of vessels chartered, market trends, term of the charter and the identity of owners of vessels.
Subcontracting
Based on the workload and the timeframe of the project, we engage other dredging companies through subcontracting arrangements and maintain supervision over our subcontractors.
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