One of the deals is for three 3,000-dwt DP2-rated PSVs which were sold to an undisclosed repeat customer based in Asia.

The other contract involves the sale of a 200-men DP2-rated accommodation work boat for North Africa-based Maridive And Oil Services.

These four contract wins take Nam Cheong’s orderbook to a total of 25 vessels worth an estimated MYR 1.7bn ($520m).

All four vessels will be built to ABS classification and are being built as part of Nam Cheong’s built-to-stock series at subcontracted yards in China.

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