Nam Cheong Limited Company News

Recent Articles

Results 18 articles shown

Malaysia's Nam Cheong Posts 2Q 2016 Revenue of $29.2M, Down 39% YOY
Thursday, August 11, 2016 Malaysia's Nam Cheong posts a revenue of $29.2 million in the June 2016 quarter, down 39 percent from last year's $47.9 million.

Perdana Forfeited $8.4M in Deposit for Cancelling a Shipbuilding Contract
Tuesday, April 12, 2016 Malaysia's Perdana Petroleum forfeited $8.4 million in deposit to Nam Cheong after cancelling a contract to build an accommodation work barge.

Perdana Petroleum Cancels Order to Build Accommodation Work Barge
Thursday, March 31, 2016 Malaysian offshore marine services provider Perdana Petroleum cancels order with Nam Cheong to build an accommodation work barge.

Nam Cheong Sells Accommodation Work Vessel, AHTS Vessel for $58M
Wednesday, March 11, 2015 Nam Cheong sells an accommodation work vessel to Marco Polo Marine and an anchor handling tug supply vessel to Topaz Energy and Marine for a total of $58 million.

Nam Cheong Bags $45M Contracts to Supply 2 Newbuild OSVs
Monday, December 29, 2014 Nam Cheong bags contracts, worth $45 million, to supply two newbuild offshore support vessels.

Nam Cheong Secures LOI, Worth $186M, for 12 Newbuild AHTS Vessels
Monday, October 20, 2014 Nam Cheong secures letters of intent, worth $186 million, to supply 12 newbuild NCA80E anchor handling tug supply vessels to five customers.

Nam Cheong Invests $31M in BBR to Further Expand into Indonesian Market
Monday, September 29, 2014 Nam Cheong invests $30.7 million in Indonesian ship owning and chartering firm PT Pelayaran Nasional Bina Buana Raya Tbk (BBR) to enter into Indonesia's oil and gas market.

Nam Cheong Receives Orders for 4 Offshore Support Vessels for $90M
Tuesday, August 19, 2014 Nam Cheong sells four vessels, comprising a platform supply vessel, an accommodation work barge and two anchor handling towing supply vessels, for $90 million.

MPM-Nam Cheong JV Secures $27M Contract to Supply Accommodation Work Vessel
Tuesday, August 19, 2014 The Marco Polo Marine-Nam Cheong joint venture secures a $27 million five-year contract to provide an accommodation work vessel, which will be built by Nam Cheong.

Nam Cheong Receives $92M Orders to Build 3 PSVs, 1 Accommodation Work Barge
Tuesday, July 01, 2014 Nam Cheong receives orders to build 3 platform supply vessels and 1 accommodation work barge for $92 million.

Nam Cheong Sells 2 Accommodation Work Barges to Perdana Petroleum for $84M
Monday, June 23, 2014 Nam Cheong sells 2 accommodation work barges to Perdana Petroleum for $84 million.

Nam Cheong Sells 1 AHTS, 1 PSV for $43.1M
Monday, March 31, 2014 Nam Cheong reports that the company has sold 2 offshore support vessels for $43.1 million.

Nam Cheong Sells 4 ERRVs, 1 AHTS to Sentinel Marine for $70M
Tuesday, January 28, 2014 Nam Cheong sells four emergency response and rescue vessels and one anchor handling towing supply vessel to Sentinel Marine for around $70 million.

Nam Cheong Clinches $66M Contracts to Supply 3 AHTS, 1 MWV
Tuesday, December 31, 2013 Malaysia's Nam Cheong sells three anchor handling supply vessels and a maintenance/work vessel for $66 million.

Nam Cheong Sells 4 PSVs Worth $120M
Monday, September 30, 2013 Nam Cheong sells four platform support vessels worth $120 million to a Latin America-based offshore marine services company.

Nam Cheong Sells 3 Newbuild Vessels for $70.5M
Wednesday, July 24, 2013 Malaysia's Nam Cheong gets orders worth $70.5 million to build 2 platform support vessels and an accommodation work barge.

Nam Cheong Sells Four AHTS Vessels, Sees Record Sales Volume
Monday, November 12, 2012 Nam Cheong sells four AHTS vessels worth worth a total of around $45 million, bringing the total number of vessels sold this year to an all-time record high for the company.

Nam Cheong Secures Orders for Sale of Two Accommodation Work Barges
Tuesday, September 04, 2012 Nam Cheong secures contract wins for the sale of two accommodation work barges totaling $59 million from Perdana Petroleum.