AsiaOffshoreShipyards

Perdana Petroleum cancels Nam Cheong barge order

Photo of Sam Chambers Sam ChambersDecember 2, 2016
17 Less than a minute
Perdana

Malaysia’s Perdana Petroleum has cancelled the second of the two 500-men accommodation barges it ordered in June 2014 at Nam Cheong. Perdana had inked an $84m contract for the pair.

Perdana claimed Nam Cheong had not met delivery schedules as stipulated in the original contract and is now seeking the return of $8.4m, which was paid as an initial deposit. The first barge was cancelled this March. The original order came with two options.

Tags
Photo of Sam Chambers Sam ChambersDecember 2, 2016
17 Less than a minute
Photo of Sam Chambers

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
Back to top button