Swissco beefing up fleet with $42m orders

SWISSCO Holdings has placed orders to add $42 million worth of vessels to its fleet, while Cosco Corporation has secured a US$54 million contract.

Swissco's orders are for two anchor handling tug supply vessels and a fast utility/crewboat with a one plus one option.

The newbuild vessels, excluding owner supplied equipment, are worth an aggregate of $42 million.