Tanjung Offshore orders supply vessels

Vessel & ROV News - September 23, 2005

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Tanjung Offshore Bhd, through its wholly-owned subsidiary Tanjung Kapal Services Sdn Bhd, has placed an order with MSET Shipbuilding Corp Sdn Bhd in Malaysia to build two straight supply vessels (SSV).

Construction and commissioning of the two SSVs is expected to be completed in 15 months, or by December 15 2006.

The SSVs will be used to provide and support and act as safety standby vessels for offshore drilling and workover rigs in Southeast Asia.

Construction of the two SSVs will be part-financed by internally-generated funds and borrowings from financial institutions.

 

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