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NewsBumi Armada picks Nam Cheong to build 4 vessels costing RM410.6m (5210)
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Bumi Armada picks Nam Cheong to build 4 vessels costing RM410.6m (5210)
by hlk Wed 20 Jun 2012, 19:05
KUALA LUMPUR: Bumi Armada Bhd is expanding its fleet for the offshore support vessel market and it has appointed Singapore's Nam Cheong Ltd to build four vessels costing a total of US$130mil (RM410.67mil).
It said on Wednesday it had issued a letter of intent to Nam Cheong's unit Nam Cheong Dockyard Sdn Bhd to build four multi-purpose platform support vessels, with an option for four additional units, at US$130mil.
Bumi Armada said this was under the group's newbuild programme, "Steel on Water II".
"The newbuilds envisaged under the letter of intent are in line with the fleet expansion plan of Bumi Armada Group in the offshore vessel market," it said.
It said on Wednesday it had issued a letter of intent to Nam Cheong's unit Nam Cheong Dockyard Sdn Bhd to build four multi-purpose platform support vessels, with an option for four additional units, at US$130mil.
Bumi Armada said this was under the group's newbuild programme, "Steel on Water II".
"The newbuilds envisaged under the letter of intent are in line with the fleet expansion plan of Bumi Armada Group in the offshore vessel market," it said.
Last edited by hlk on Sat 30 Jun 2012, 10:19; edited 1 time in total
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Re: Bumi Armada picks Nam Cheong to build 4 vessels costing RM410.6m (5210)
by Cals Thu 21 Jun 2012, 01:00
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