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Nam Cheong clinches 3 charter contracts worth $18 mil

Stanislaus Jude Chan
Stanislaus Jude Chan12/10/2019 04:17 PM GMT+08  • 2 min read
Nam Cheong clinches 3 charter contracts worth $18 mil
SINGAPORE (Dec 10): Offshore Support Vessel (OSV) provider Nam Cheong has inked three chartering contracts worth a total of RM 54.8 million ($17.9 million) including options to extend, the company announced Tuesday.
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SINGAPORE (Dec 10): Offshore Support Vessel (OSV) provider Nam Cheong has inked three chartering contracts worth a total of RM 54.8 million ($17.9 million) including options to extend, the company announced Tuesday.

The three chartering contracts are for one Anchor Handling Tug Supply (AHTS) vessel and two Platform Supply Vessels (PSV).

The clients are foreign oil majors, and the vessels will be used to service the oilfields in Malaysian waters.

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