Asia
Swissco orders three more in China
Singapore: Mainboard-listed Swissco Holdings has placed orders for thre more vessels worth an aggregate of S$35m excluding owner supplied equipment consisting of two anchor handling tug supply vessels and one multipurpose utility tug.
The two units of AHTS with 80 tons bollard pull will be built at a northern Chinese shipyard, while the multipurpose utility tug will be built at a southern Chinese Yard. The newbuild vessels are expected to be delivered in 2015.
“We believe demand for vessel chartering services will remain sustainable and we will continue to focus on our vessel expansion and fleet renewal program to enhance our fleet capabilities,” said ceo Alex Yeo. [20/11/13]