It said the vessel will be chartered to a new client to perform offshore support services in what it described as a “key emerging market”.

The Singapore-listed company said the vessel was in its early stage of construction and was due to be delivered by early 2017.

“To have a contract signed for a vessel two to three years ahead of its delivery affirms our strong industry network as well as understanding of our clients' needs to build market relevant vessels,” the company said.

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