Nam Cheong sells two offshore support vessels for US$36.7 million
Net proceeds will fund the group’s shipbuilding actions, together with fleet enlargement [SINGAPORE] Shipbuilder Nam Cheong on Tuesday (Apr 21) introduced that it’s promoting two offshore support vessels for US$36.7 million. The patrons are a vessel operator in Indonesia and a government-linked vessel operator in Egypt. The transactions comprised the sale of a new-build multi-purpose…