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Malaysian shipbuilder clinches $64.5m deal for OSV quartet from UAE | Offshore news

Malaysian builder sells offshore vessel for $19.8m to Indonesian firm

Sarawak, Malaysia-based offshore support vessel builder Nam Cheong Limited has secured shipbuilding contracts worth $64.5m for four new offshore support vessels (OSVs) from an undisclosed UAE-based global energy maritime logistics company.

The contracts are for the construction of two 60-metre dive support vessels (DSVs) and two 60-metre remote operated landing crafts (ROLCs).

All four units are expected to be delivered in the second half of 2027 and in early 2028.

The dive support vessel is an offshore asset specifically designed to carry out a wide range of subsea operations, including tasks such as diving support, remotely operated vehicle (ROV) support, underwater inspections and maintenance.

On the other hand, the ROLC is a cutting-edge vessel based on the remote-control system developed by SeaOwl Group, and will be totally unmanned and remotely operated via satellite connection from shore station. The vessel, equipped with built-in auto docking capability, will be used for logistical operations.

All four OSVs will be fully constructed in-house at Nam Cheong’s Miri Yard in Sarawak, Malaysia.

Commenting on the new contract-wins, Leong Seng Keat, chief executive officer of Nam Cheong said, “We are thrilled to have an established UAE based global energy maritime logistics company, as our new customer, for constructing four highly sophisticated OSVs. This marks the beginning of the resurgence in demand for our shipbuilding activities after more than a decade.”

Malaysia’s Nam Cheong is a global offshore marine group specialising in the building and chartering of OSVs.

The group has delivered over 150 vessels since 2007, which include anchor handling towing supply (AHTS) vessels, platform supply vessels (PSVs), accommodation work boats and accommodation work barges.

Nam Cheong is also expanding its vessel chartering operations, with the group operating a chartering fleet of 36 vessels.

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