Nam Cheong sells two vessels for $58M
Malaysian offshore support vessels builder Nam Cheong has received orders for two vessels worth approximately US$58 million to two repeat customers.
A 200-men Accommodation Work Vessel (“AWV”) has been ordered by a subsidiary of a repeat customer, SGX Mainboard listed Marco Polo Marine Ltd (“MPML”) for imminent delivery in the next quarter. MPML is an integrated offshore supply and marine logistic group with an established track record in the chartering of OSVs in the region.
In addition, one 12,000 bhp Anchor Handling Towing Supply Vessel (“AHTS”) has been ordered by a Dubai-based client, Topaz Energy and Marine Limited (“Topaz”), a leading OSV company providing marine solutions to the global energy industry. Nam Cheong last sold three Platform Supply Vessels (“PSVs”) to Topaz in July 2014.