Kim Heng fixes AHTS trio in East Malaysia

Kim Heng fixes AHTS trio in East Malaysia

Kim Heng Offshore & Marine has been awarded spot charters in East Malaysia for its three anchor handling tug supply vessels.

Bridgewater 130, Bridgewater 131 and Bridgewater 132 have obtained a 60-day domestic shipping licence and on charter will perform rig towage and other offshore related activities.

Thomas Tan, executive chairman and CEO of Kim Heng, commented: “The recent acquisition of the AHTS vessels has enhanced our capabilities and strengthened the group’s long-term position as an oil & gas service provider to better capitalise on future market opportunities and growth prospects.”

Kim Heng picked up the three anchor handlers in June from troubled OSV owner Swiber, currently under judicial management, for a bargain price of $9.6m.

Last month, the company formed a joint venture with Malaysia’s RUHM Marine to seek to utilise its fleet in the Malaysian market.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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