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    More new vessels for Swissco

    Vessel & ROV News // August 13, 2007

    Swissco International Ltd has announced that its wholly-owned subsidiary, Swissco Offshore Pte Ltd (SOPL), has recently added two more offshore support vessels worth S$8.65 million to its fleet.

    The first unit is a 45m vessel placed with a Chinese shipyard in Guangzhou slated for delivery in the second half of 2008. This order is the fifth of its kind to be placed with the same shipyard.

    The second order is a 30m aluminium fast craft, the third to be placed with a Western Australia shipyard.

    “We are excited that our target of offering customers a more comprehensive range of vessels is beginning to materialise. These new additions will further broaden our fleet capability” said Group Chief Executive Officer, Mr Alex Yeo.

    “We see ourselves as a niche market vessel provider, and aim to offer a more comprehensive range of vessels in this niche market as we add more vessels to the fleet.”

    The Group currently operates a fleet of 24 vessels and expects to take delivery of six vessels in 2007 and eight vessels in 2008. 

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