Perdana expects solid demand for service vessels


KUCHING: Offshore marine services company Perdana Petroleum Bhd will opt for acquiring younger, secondhand vessels rather than investing in new builds in its fleet renewal and rejuvenation exercise, the company says.

The interim option presents a cost-effective and flexible alternative, given the complexities of securing bank funding for the new builds, according to managing director Jamalludin Obeng.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Perdana Petroleum , OSV , vessel

Next In Business News

Ringgit closes higher against greenback on cautious market sentiment
T7 Global subsidiary appointed panel contractor for PETRONAS
YTL inks RM200mil naming rights deal with Aviva for Bristol arena
KL High Court dismisses appeals of former Jalatama officers
Well Chip posts FY25 net profit jump to RM86.15mil
Angkasa targets 2026 revenue to reach up to RM75bil
Aeon Credit issues RM100mil five-year senior sukuk
Late bargain-hunting lifts Bursa Malaysia to end higher
Net foreign inflows into Malaysian bonds reach RM951.9mil in January - RAM Ratings
Wawasan Dengkil's 2Q net profit falls due to revision of project costs

Others Also Read