KUALA LUMPUR: Sarawak-based, Singapore-listed Nam Cheong Ltd has entered into a sales agreement to sell a 4,000 deadweight tonnage (DWT) platform supply vessel for US$20.5mil to a Vietnam-based offshore and marine group.
The offshore support vessel (OSV) builder, in a statement, said the vessel is scheduled for December 2025, and the sale is expected to contribute positively to the group’s earnings for the financial year ending 2025.
