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    Swissco expands with order for three more vessels

    Vessel & ROV News // June 26, 2007

    Swissco International Ltd in Singapore has announced that its wholly-owned subsidiary, Swissco Offshore Pte Ltd has placed an order for three more vessels worth S$13.5 million.

    The Group has placed order for a 70m offshore support workboat from a Chinese shipyard and expects delivery in the second half of 2008. Prior to deployment, the vessel will be retrofitted in Singapore with specialized and enhanced equipment. This highly specialized vessel will be able to accommodate up to 100 persons.

    The Group has also placed order for another two vessels from an East Malaysian shipyard in Sarawak that had delivered vessels to the Group previously. The order includes a 26m multi-purpose workboat and a 31m utility offshore support vessel. These two vessels are expected to be delivered by the first half of 2008.

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