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Nam Cheong secures US$64.5 mil newbuild OSV contracts from ADNOC

Lin Daoyi
Lin Daoyi • 2 min read
Nam Cheong secures US$64.5 mil newbuild OSV contracts from ADNOC
These orders mark Nam Cheong’s first shipbuilding contract wins in more than a decade and were awarded by a new customer, an established global energy maritime logistics company based in the United Arab Emirates. Photo: Nam Cheong
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Mainboard-listed Nam Cheong has secured US$64.5 million worth of contracts to construct four offshore support vessels (OSVs) — two 60-metre dive support vessels (DSVs) and two 60-metre remote operated landing crafts (ROLCs).

All four OSVs will be fully constructed in-house at Nam Cheong’s shipyard in Sarawak, Malaysia and are scheduled to be delivered in 2H2027 and early 2028. These orders are Nam Cheong’s first shipbuilding contract wins in more than a decade and were awarded by a new customer, ADNOC Logistics and Services, a subsidiary of the Abu Dhabi National Oil Company (ADNOC).

In a statement, Nam Cheong says that the ROLC, based on the remote-control system developed by the SeaOwl Group, is a “cutting-edge” and “first-of-its-kind” vessel to be built in the world. Equipped with built-in auto docking capability, the vessel will be totally unmanned and remotely operated via satellite connection from shore station and will be used for logistical operations that require rapid deployability, versatility and crewless functionality.

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