Nam Cheong Limited, a leading global offshore marine player listed on the Main Board of the Singapore Exchange Securities Trading Limited and Malaysia’s largest Offshore Support Vessel builder, today announced that it has sold three vessels worth approximately US$41.0 million (approximately S$52.1 million
These three contract wins are on the back of five vessel sales to PT Pelayaran Nasional Bina Buana Raya tbk , secured during the same month, bringing the total orders in September 2014 to eight which are collectively worth approximately US$126.0 million (approximately S$160.1 million.
One 5,150 bhp Anchor Handling Towing Supply Vessel (“AHTS”) was sold to a Norway-based repeat customer, Vega Offshore Group, which is in-line with the customer’s fleet expansion plan. In addition, orders for two 6,500 bhp AHTS vessels were also secured from repeat customers of which one is based in Asia and the other, from Vroon B.V. which is based in the Netherlands.
Vega Offshore Group is an OSV owner, operator and commercial manager providing high quality offshore support services to the global market.