Nam Cheong wins contracts for sale of AHTS vessels worth RM41.4mil


SINGAPORE: Nam Cheong Ltd, SGX-listed Malaysia-based leading global Offshore Support Vessel (OSV) shipbuilder, has won new contracts for the sale and charter of a 5,220bhp (brake horsepower) Anchor Handling Towing Supply (AHTS) vessel worth RM41.4 million (about S$16.8 million).

The contracts represent the fourth vessel sold in a month and the expansion of Nam Cheong's customer base, this time with Omni Marissa (L) Inc, an active Malaysian offshore marine company that specialises in various logistics, oil and gas services for oil and gas companies in Asia Pacific.

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