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    New contracts for Nam Cheong

    Vessel & ROV News // January 6, 2014

    The Board of Directors of Nam Cheong Limited in Malaysia have announced that Nam Cheong International Ltd, a wholly-owned subsidiary of Nam Cheong, has secured sale contracts with a total value worth approximately US$66 million for three AHTS and a maintenance/work vessel.

    The three units of AHTS were sold to a jointly controlled company PT Bahtera Niaga
    Indonesia, while the maintenance/work vessel was sold to a repeat customer, Icon
    Offshore Berhad.


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