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  • 12 August 2013
    Business & Finance

    Nam Cheong Dockyard Sdn Bhd, a 100% owned subsidiary of the Nam Cheong Limited, has incorporated a new wholly-owned subsidiary, Nam Cheong Pioneer Sdn Bhd (Nam Cheong Pioneer) in Malaysia. Nam Cheong Pioneer is a private limited liability company incorporated under the Malaysian Companies Act 1965 on 5 August 2013, with an issued paid-up capital […]

  • 27 March 2013
    Business & Finance

    The Board of Directors of Nam Cheong Limited announced that Nam Cheong International Ltd., a wholly-owned subsidiary of Nam Cheong, has secured sale contracts with a total value worth USD72.1 million for two units of Anchor Handling Towing Supply (“AHTS”) vessels and four units of Emergency Response and Rescue Vessels (“ERRVs”). The two AHTS vessels […]

  • 12 August 2013

    Nam Cheong Dockyard Sdn Bhd, a 100% owned subsidiary of the Nam Cheong Limited, has incorporated a new wholly-owned subsidiary, Nam Cheong Pioneer Sdn Bhd (Nam Cheong Pioneer) in Malaysia. Nam Cheong Pioneer is a private limited liability company incorporated under the Malaysian Companies Act 1965 on 5 August 2013, with an issued paid-up capital […]

  • 3 March 2020
    Business & Finance

    Offshore vessel owner Nam Cheong has won new contracts for its vessels with a total value of RM116.4 million ($27.7 million). 

  • 21 May 2013

    Nam Cheong Limited Malaysia’s largest Offshore Support Vessel (“OSV”) builder, today announced the appointment of Leong Seng Keat as the Group’s Chief Executive Officer with immediate effect. He was Nam Cheong’s Executive Director, and the new appointment is in line with the Group’s strategy to strengthen and streamline the management team as it embarks on […]

  • 12 May 2015

    AziNam Ltd., the offshore Namibia focused exploration company, has received government approval for it to assume operatorship of Petroleum Exploration Licence (PEL) 34, offshore Namibia. Azinam also informed that it has opened its office in Windhoek, the capital of Namibia. Government approval of operator status In recent months AziNam has increased its working interest position […]

  • 29 March 2012

    The Board of Directors of Nam Cheong Limited announced that Nam Cheong Dockyard Sdn. Bhd. and Nam Cheong International Ltd., both are wholly-owned subsidiary of Nam Cheong, have secured sale contracts with a total value worth USD36.8 million for two units of 5,150bhp and one unit of 5,220bhp Anchor Handling Towing Supply (“AHTS”) vessels to […]

  • 23 May 2013
    Business & Finance

    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, recently announced appointment of Mr Leong Seng Keat as the Group’s Chief Executive Officer with immediate effect. Mr Leong was Nam Cheong’s Executive Director, and the new […]

  • 11 August 2017

    Nam Cheong, a cash strapped Malaysian offshore vessel builder, has been hit with a claim by AmBank. The OSV player on August 9, 2017 received a writ of summons and statement of claim dated August 7, 2017 filed by AmBank in the High Court of Malaya at Kuala Lumpur, Malaysia. AmBank is seeking a loan […]

  • 10 October 2017

    Nam Cheong, a Singapore-listed offshore vessel owner, has applied for protection with Singapore’s High Court in order to complete restructuring efforts. To remind, the company said in July that it would temporarily stop repayment on all of the company’s borrowing, while it looks at the debt restructuring options. Nam Cheong said in an SGX listing […]

  • 30 August 2018

    Nam Cheong and Malaysia’s Perdana Petroleum have reached a settlement in a dispute arising from the termination of an agreement related to an acquisition of a workbarge. 

  • 16 November 2009

    Viet Nam National Shipping Lines Corporation General Director Duong Chi Dung speaks with Thoi bao Kinh te Viet Nam (Viet Nam Economic Times) about the plan to develop the maritime industry.

  • 13 September 2006

    Representatives from enterprises in central Da Nang city and five major Dutch companies gathered at a seminar entitled “Da Nang, a destination for Netherlands- Viet Nam business cooperation” held in the city on Sept. 12. Hanspeter Verhoeff, Economic and Commercial Charge d’affaires of the Netherlands Embassy in Ha Noi, said the workshop aimed at boosting […]

  • 8 November 2006

    An international exhibition on maritime equipment and shipyard industry, Maritime Viet Nam 2006, opened in Ho Chi Minh City on November 7. The exhibition, the first of its kind held in Viet Nam, attracts 200 enterprises from Viet Nam and 20 countries and territories, including the Netherlands, the Republic of Korea, Singapore, Germany and China.

  • 17 October 2014
    Equipment

    Malaysia’s Nam Cheong has secured Letters of Intent (“LOI”) from five customers worth approximately US$186 million, with a mix of sale and charter of 12 newly launched NCA80E, 64.8m diesel electric powered Anchor Handling Tug Supply Vessels (“AHTS”) with 80 tonnes bollard pull. The Group has also secured options for the sale of eight additional […]

  • 23 June 2014
    Business & Finance

    Nam Cheong Limited has sold two Accommodation Work Barges (AWB) worth approximately USD 84 million, with the option for another two vessels, to Bursa-listed Perdana Petroleum Berhad (Perdana). In July last year, Nam Cheong sold one AWB of a smaller size, to Perdana, an established offshore marine services provider for the oil and gas industry in Malaysia […]

  • 18 January 2012
    Business & Finance

    Nam Cheong Limited, global Offshore Support Vessel (OSV) shipbuilder that focuses on the construction and engineering of complex, sophisticated and environmentally-friendly OSVs, announced that it has, through its wholly-owned subsidiary Nam Cheong International Ltd, sold a RM84 million (approximately S$34.3 million) 300 men Accommodation Work Barge (AWB) to CNN Capital Bhd, a new Malaysian customer. […]

  • 23 April 2013
    Business & Finance

    Nam Cheong Limited today announced that it has sold two vessels worth a total of US$59.0 million. Two Accommodation Work Barges (“AWBs”) were sold to a subsidiary of Perdana Petroleum Berhad (“Perdana”), an established, major offshore marine services provider for the oil and gas industry in Malaysia and the Southeast Asian region. Mr Leong Seng […]

  • 10 October 2012
    Business & Finance

    Nam Cheong International Ltd., a wholly-owned subsidiary of Nam Cheong, has secured sale contracts with a total value worth USD52.1 million (equivalent to approximately SGD64 million) for two units of Platform Supply Vessels (PSV). The two PSVs are sold to two new West Africa customers engage in the business of offshore marine services, engineering and […]

  • 25 September 2006

    Viet Nam has become an attractive destination for investors from the United Arab Emirates (UAE), said the Viet Nam commercial attach

  • 28 February 2013
    Business & Finance

    Nam Cheong Limited, SGX Main Board-listed leading global offshore marine player and Malaysia’s largest Offshore Support Vessel (OSV) builder, today reported that it has entered into US$130 million worth of contracts with Armada Offshore MPSV Limited, a wholly-owned subsidiary of Bumi Armada Berhad (Bumi Armada) for the sale of four Multi-Purpose Platform Support Vessels (MPSVs). […]

  • 24 September 2013
    Business & Finance

    Nam Cheong Dockyard Sdn Bhd, a wholly-owned subsidiary of Nam Cheong Limited, has incorporated a new wholly-owned subsidiary, NC Design Pte Ltd (NC Design) in Singapore. NC Design is a private limited liability company incorporated under the Singapore Companies Act, Cap 50 on 23 September 2013, with paid-up capital of S$1.00. The above investment was […]