Construction of 3 AHTS will be run in Malaysia

By Vessels

Malaysian yard group Nam Cheong said it has orders for three 5,000-bhp Anchor Handling Towing Supply (AHTS) vessels from new customers from Singapore, including a Norwegian-based Singapore company.
The total worth of the contracts is estimated to USD 36.8 million. “The ships
are sold to new Singaporean customers, including 1 based in Norway, who are emerging offshore support service providers for oil majors in the Asia-Pacific and South America region,” the yard said.
“The sales mark yet another expansion of Nam Cheong’s customer base.” Two of the ships are going to be deployed to South America and one to the Asia-Pacific region. The Singapore company, based in Norway will own, operate and manage the 2 ships deployed to South America under a long-term charter contract with Brazilian oil group Petrobras. The AHTS ships are being constructed as part of the Group’s build-to-stock series. Scheduled for delivery in the second and 3rd quarters of 2012, each ship is about 60m long and has a minimum bollard pull of 60 tonnes. One of the AHTS ships is being built in Nam Cheong’s Miri yard in Sarawak, Malaysia, and the other 2 are being built in 2 of the Group’s subcontracted yards in China. The Executive Director of Nam Cheong, Mr Leong Seng Keat, said: “We are especially happy that we are gaining new customers in Singapore, including a Norwegian-based Singapore firm, further widening our global presence as an offshore marine play.”