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Nam Cheong secures accommodation barge deals

Singapore:  Nam Cheong, Malaysia’s largest offshore support vessel builder, has announced that it has sold two vessels worth a total of $59m. 

Two accommodation work barges were sold to a subsidiary of Malaysia’s Perdana. 

Leong Seng Keat, Nam Cheong’s executive director, said: “Perdana has been a valued, blue-chip customer of Nam Cheong for the past seven years. 

“As a major offshore marine player in Malaysia, Perdana stands to benefit from positive industry developments that would include the Pan-Malaysian Hookup and Commissioning works, an umbrella package worth a total of RM8bn to RM10bn. We are pleased that our established relationship with Perdana is helping to boost our order book and we are thrilled to be riding on strong industry momentum with them.”  [24/04/13]

 

 

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Nam Cheong: ‘Room to grow further’

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