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    Nam Cheong sells two

    Yard News // March 11, 2015

    Nam Cheong Limited has sold two vessels worth approximately US$58 million to
    repeat customers.

    Leong Seng Keat, Nam Cheong's Chief Executive Officer said: "We are delighted to kick-off 2015 with the securing of two new contracts. With these contracts, it brings our cumulative orderbook to a robust RM1.7 billion."

    A 200-man accommodation work vessel has been sold to a subsidiary of a repeat customer, Marco Polo Marine Ltd for delivery in the next quarter.

    In addition, a 12,000 bhp AHTS has been sold to Topaz Energy and Marine Limited.

     

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