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…

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