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    Petra Perdana invests in two newbuilds

    Vessel & ROV News // September 4, 2007

    The Board of Directors of Petra Perdana Berhad in Malaysia has announced that Perdana Venus Limited (PVL), a wholly-owned subsidiary of the company, has entered into a contract with Shin Yang Shipyard Sdn Bhd for the construction and delivery of two offshore support vessels. The company did not specify the type of offshore vessel.

    The first vessel is due to be delivered by January 31st 2009 or within 20 months from the effective date of the contract or the date of first payment, whichever is later, and the second vessel is due to be delivered on or before March 31st 2009 or within 20 months from the date of first payment of the vessel, whichever is the later.


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