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.
