The remaining vessel will be chartered to an offshore wind farm contractor in Japan.
Nam Cheong has secured US$47.5 million ($60.60 million) worth of additional offshore support vessel (OSV) charter contracts which will start in 2025 and last two years, with options for further extension, according to a bourse filing on June 27.
The contracts cover three OSVs, including anchor handling tug supply vessels (AHTS) and fast crew boats. Among three vessels, two will be chartered to Marine Operations for Environmental Services (SAIL) in the Middle East to support environmental preservation projects. SAIL specialises in monitoring and responding swiftly to oil spills along the Saudi Arabian shorelines.
