Nam Cheong Limited, a n Offshore Support Vessel builder, today announced that it has sold five vessels worth a total of US$110 million. One 12,000 brake horsepower (“bhp”) Anchor Handling Towing Supply (“AHTS”) vessel was sold to a new customer, an emerging offshore marine services company based in Indonesia that owns and operates a diverse [...]
May 13, 2013 | Posted in
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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 [...]
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Sentinel Marine has placed orders with Nam Cheong to construct four Multi-Role Field Support Emergency Response and Rescue Vessels (ERRVs). The vessels will feature dynamic positioning, redundancy of propulsion and thruster systems, cargo carrying capabilities and advanced rescue and recovery equipment. Designed to work in the North Sea; one of the harshest environments in the [...]
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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 [...]
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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). [...]
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Nam Cheong Limited, a global offshore marine player and Malaysia’s largest Offshore Support Vessel (“OSV”) builder, announced that it has sold one Platform Supply Vessel (“PSV”) and two Anchor Handling Towing Supply (“AHTS”) vessels worth a total of US$56.4 million, bringing the total number of vessels sold this year to 21. This surpasses past years’ [...]
Sentinel Marine, owner and operator of offshore support vessels from Singapore, announced on November 12, 2012 that it has ordered two Anchor Handling Towing & Supply Vessels (AHTS) from Nam Cheong Dockyard under the terms from previously exercised option in October. Based on Khiam Chuan Marine design, the new AHTS vessels will be built at [...]
November 20, 2012 | Posted in
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Nam Cheong Limited, SGX Main Board-listed leading global offshore marine player and Malaysia’s largest Offshore Support Vessel (“OSV”) builder, today announced that it has sold four Anchor Handling Towing Supply (“AHTS”) vessels worth a total of US$45.13 million, bringing the total number of vessels sold this year to 18, an all-time record high for annual [...]
November 12, 2012 | Posted in
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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 [...]
October 10, 2012 | Posted in
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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 [...]
