Singapore: Malaysian offshore support vessel builder Nam Cheong has announced orders today for five vessels at a value of $110m.
Since the start of the year Nam Cheong has sold 13 vessels bringing the firm’s order book to RM1.7b (US$569.2m).
The five vessels are made up of a 12,000 bhp Anchor Handling Towing Supply vessel sold to a new customer in Indonesia and four Platform Supply Vessels sold to an oilfield services company based in Asia.
Leong Seng Keat, Nam Cheong executive director said: “We are also glad to be securing a new customer in Indonesia and expanding our customer base. The country is expected to lead the region on offshore oil and gas expenditure, so we are optimistic about exciting prospects developing on the Indonesian front.”
Leong recently revealed his growth plans in an interview with our sister site Maritime CEO here. [13/05/13]
