Nam Cheong close to setting new sales record


KUALA LUMPUR: Nam Cheong Ltd, a leading global offshore marine player and Malaysia's largest offshore support vessel (OSV) builder, today announced that it had sold four platform supply vessels for about US$120mil.

In a statement today, its chief executive officer Leong Seng Keat said the sale was one of the largest for the year. It brought the company's cumulative order book to RM1.7bil.

He also said the four vessels bring the company's total sales for the year to 20, which is close to surpassing the record 21 sold in 2012.

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