Nam Cheong bags 6 OSV chartering deals worth RM116.4m

With these contracts, its total order book stands at RM318.2m, after including revenues from options for extension

Ng Ren Jye

Published Tue, Mar 3, 2020 · 09:50 PM

Singapore

MALAYSIAN offshore vessel builder Nam Cheong has won chartering contracts for six offshore support vessels (OSV) worth RM116.4 million (S$38.5 million), inclusive of options to extend.

The six chartering contracts are for two accommodation work barges, three anchor handling tug supply vessels and one platform supply vessel, the mainboard-listed firm said on Tuesday.