Swissco Expands Fleet

Swissco Expands Fleet

Swissco Holdings Limited has placed orders for two anchor handling tug supply vessels (AHTS) and a fast utility/crew boat with a one plus one option.

The vessels will be built at Chinese Yards and are slated for delivery in in 2015.

We believe that the heightened demand for offshore support vessels will remain sustainable on the back of healthy level of activities in the robust oil and gas industry and we will continue to tap on this growing demand by enhancing our fleet capabilities through our vessel expansion and fleet renewal program,” said Mr. Robert Chua, Executive Chairman of Swissco.

The newbuild vessels, excluding owner supplied equipment, are worth an aggregate of $33.5 million.


Press Release, December 4, 2013

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