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Nam Cheong sells two OSVs for $37M

Friday, May 15 2026

General – Sale

Malaysia-based offshore support vessel (OSV) provider Nam Cheong has sold two vessels for $36.7 million, including its first newbuild sale in more than a decade.

(Credit: Nam Cheong)

The transactions include a newly built multi-purpose support vessel (MPSV) and a 120-tonne anchor handling tug supply (AHTS) vessel, which was 16 years old and divested following the completion of its charter contract in the first quarter of 2026.

Both vessels were delivered in the second quarter of 2026 to a vessel operator in Indonesia and a government-linked operator in Egypt.

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  3. Solstad signs contract with Petrobras
  4. Golden Energy sells two Offshore Support Vessels

Filed Under: AHTS, International News, MPSV, Nam Cheong, sale Tagged With: ahts, MPSV, OSV Nam Cheong, Sale

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