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

