Nam Cheong sells three anchor handlers for $41M

Malaysia’s Nam Cheong Limited has secured orders for three vessels with a total value worth approximately $41.0 million.

One 5,150 bhp Anchor Handling Towing Supply Vessel (“AHTS”) was sold to a Norway- based repeat customer, Vega Offshore Group.

Orders for two 6,500 bhp AHTS vessels were 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.

Nam Cheong says that the Asian customer is an emerging player with a strong reputation in the ship agency services and service brokering business.

Vroon B.V. is an international shipping company with experience that has spanned more than a century.

These orders come on the back of five vessel sales to PT Pelayaran Nasional Bina Buana Raya Tbk (“BBR”), secured during the same month, bringing the total orders in September 2014 to eight which are collectively worth approximately US$126.0 million.

With the Contracts, Nam Cheong’s order book stands at approximately RM1.9 billion ($580.8 million)


September 29, 2014

 

 

 

,

Share this article

Follow Offshore Energy Today

Events>

<< Feb 2020 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 1

Offshore Energy Exhibition and Conference (OEEC) 2020

Offshore Energy addresses the technical, operational and commercial challenges associated with future sector growth.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

OWI APAC 2020

Over the two-day conference, 30 expert speakers will share exclusive insight to help drive well work efficiencies through innovative…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply