Swissco Holding s Limited , a leading marine service provider for the shipping and offshore Oil and Gas industries, is pleased to announce that it has secured charter contr acts worth an aggregate of S$ 27 . 0 million for its new vessels, the company said in its press release.
The two new 60 - meters anchor handling tug and supply (“AHTS”) vessels will be deployed immediately after the Group takes delivery of them in December 2013 and Jan uary 2014. The first AHTS will be deployed for a minimum of 12 months in the Middle East with a sale and purchase option exercisable after the charter period. T he second vessel will be deployed for a total of 27 months in North East Australia. “ The offshore oil and gas sector outlook remains healthy and continue to spur on demand for our offshore support ve ssels.
Swissco Holdings Limited 60 Penjuru Lane Singapore 609214 Comp any Registration No. 200404711D ABOUT SWISSCO HOLDINGS LIMITED (Bloomberg Ticker: SWCH SP) Transferred to the SGX Mainboard since 9 January 2013 , Swissco Holdings Limited (“ Swissco ”) is a leading marine service provider for the shipping and offsh ore Oil and Gas industries. Swissco o wns and operates a young fleet of offshore support vessels, tugs, barges and OPL (Out - Port - Limit ) boats. With vessels deployed from Indonesia, Malaysia, and Vietnam to the Middle East, the Group has earned a reputation for providing one of the most comprehensive marine and shipping solutions in a prompt, reliable and efficient manner. The Group enjoys the patronage of a large customer base across a wide spectrum of industries – from shipping to oil and gas and other mar ine infrastructure industries.