Tanker Rates Skyrocket To Fill Colonial Pipeline Shortages
By Elizabeth Low (Bloomberg) Oil tanker charter rates skyrocketed in the U.S. with refiners scrambling for ships to store fuel that has nowhere to go due to a cyberattack on...
Malaysia shipbuilder Nam Cheong had a strong end the week today. Five of their customers signed letters of intent worth approximately US$186 million for the sale and charter of twelve newly-launched 64.8 meter, 80 ton bollard pull anchor handling tug supply vessels (AHTS). Additionally, the company says they have secured options for the sale of eight additional AHTS’ which are currently under construction.
Nam Cheong’s five customers are Bumi Armada Berhad, Geooffshore Pte Ltd, Opstad Group, Sofield Marine & Offshore Sdn Bhd as well as Vega Offshore Group.
The NCA80E-design vessels are of American Bureau of Shipping (ABS) class and are being constructed as part of Nam Cheong’s built-to-stock series in Nam Cheong’s Miri shipyard in Sarawak, East Malaysia as well as in subcontracted yards in China.
Join the 68,605 members that receive our newsletter.
Have a news tip? Let us know.