offshore support vessel (OSV)

SINGAPORE (Dec 10): Offshore Support Vessel (OSV) provider Nam Cheong has inked three chartering contracts worth a total of RM 54.8 million ($17.9 million) including options to extend, the company announced Tuesday.

SINGAPORE (Feb 22): PACC Offshore Services Holdings (POSH) on Tuesday reported that 4Q17 losses has narrowed to US$193 million ($254 million) from US$345 million last year, on lower impairment and loss from joint ventures.

SINGAPORE (Aug 15): Shipbuilder Nam Cheong has sunk deeper into the red, reporting a loss RM2.1 billion ($670 million) for the half year ended June, compared to a loss of RM37 million in the same period a year ago.