Icon delays delivery of four new vessels

Amir: ‘We want to bring in these vessels when the market improves.’

KUALA LUMPUR: Icon Offshore Bhd, an operator of offshore support vessels (OSVs) that serve oil rigs, is delaying the delivery of four new vessels, as the company seeks to conserve cash and weather a glut in the industry.

“We want to bring in these vessels when the market improves,” managing director Amir Hamzah Azizan told reporters after the group’s AGM and EGM yesterday.