Bumi Armada has fired the starting gun on its latest newbuilding programme after placing an order for up to eight vessels at Nam Cheong Dockyard.

Hassan Basma
The Kuala Lumpur-listed owner is shelling out $130m for an initial four-ship splash with options for four more.

The multi-purpose support vessels with dynamic positioning (DP) 2 systems are due to hit the water in the second period of 2014.

The