Malaysian offshore firm Coastal Contracts Bhd has announced that subsidiary, Thaumas Marine Ltd, has sold an Anchor Handling Tug Supply and a Subsea Support/Maintenance Vessel at a total value of approximately RM170m.
Ng Chin Heng, executive chairman of Coastal, said: “We are optimistic about the steady growth of Offshore Support Vessel in the future, given that OSV is a moderately developing market with no other substitutes currently available which makes it the backbone of the oil and gas upstream segment.”
These vessels are scheduled for delivery up to 2014 and Coastal currently has close to RM1.2b worth of vessel sales orders awaiting delivery to customers.
Coastal Lands Vessel Sales
2013-08-13
3891人
Source:SeaShip News
Most ViewsHOT
- COSCO books newcastlemax newbuilds
- Jiangsu Ocean Shipping orders boxship quartet
- Jinhui linked to second supramax sale this year
- Fujian Highton seals four-ship sale and leaseback
- Allseas taps Wuchang Shipbuilding for offshore vessel duo
- Jaldhi Overseas moves for chemical tanker newbuilds
- Seacon flips leased product tanker to SeaKapital
- CMT offloads bulker as fleet renewal rolls on
- Winking Shipping buys Imabari-built newcastlemax
- U-Ming orders capsize brace in China