Keyfield invests RM172mil in two vessels

PETALING JAYA: Keyfield International Bhd’s wholly-owned subsidiary, Keyfield Offshore Sdn Bhd (KOSB), has entered into two agreements with two separate entities for one secondhand and one newbuild Dynamic Positioning 2 accommodation workboat (DP2 AWB), totalling RM172mil.

In a statement, Keyfield said KOSB had signed a memorandum of agreement to acquire a secondhand AWB, MV Belait Barakah, from Belait Barakah Sdn Bhd, a subsidiary of Brunei-based Belait Shipping Co (B) Sdn Bhd, for RM28.3mil.

KOSB had also entered into a shipbuilding contract with China’s Jingjiang Nanyang Shipbuilding Co Ltd and Nantong Shunyang Trade and Development Co Ltd for the construction of a newbuild DP2 AWB for RM143.7mil.

“The newbuild DP2 AWB will have enhanced features such as a larger accommodation capacity of 239 persons, diesel-electric propulsion systems for fuel savings, battery pack(s), larger deck space and higher capacity main crane.

“Keyfield expects to take delivery of the newbuild DP2 AWB tentatively in the first quarter of 2026 and commence chartering operations in the same year.”

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Keyfield , shipbuilding , Keyfield Offshore


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