Southeast Asia News

 

Nam Cheong Sells 3,000 DWT Platform Support Vessel for $19.8m

Jan 27, 2026

Nam Cheong Limited, one of Southeast Asia’s leading Offshore Support Vessel (OSV) providers based in Sarawak, Malaysia, has announced that the Group has entered into a sales agreement with an Indonesian customer to sell one 11-year-old 3,000 deadweight tonnage (DWT) platform support vessel (PSV) for $19.8 million.The vessel sale is part of the Group’s fleet reprofiling initiatives and is expected to contribute positively soto the Group’s earnings for the financial year ending 2026…

Current News

Jan De Nul Launches Second Giant Cable Laying Vessel

Jan De Nul Launches Second Gia

Decom Engineering Secures US Patent for Subsea Cutting Tech

Decom Engineering Secures US P

ABL Transports Northern Endeavour FPSO to Recycling Yard

ABL Transports Northern Endeav

Eni Makes Gas Discovery Offshore Egypt, Eyes Fast-Track Development

Eni Makes Gas Discovery Offsho

Subscribe for OE Digital E‑News