Coastal Contracts Bhd News

Vroon Offshore Services reports its Singapore-managed anchor-handling tug supply (AHTS ) vessel VOS Champion has started a five-month contract with a major international oil and gas engineering, procurement, construction and installation (EPCI) contractor. The firm period of the current contract will last until March 2020.VOS Champion, which had been under charter to Chevron earlier this year, was delivered to her new charterers in early November and immediately mobilized to Sandakan, Malaysia.

In March, Cargotec secured new orders for two 100-ton active heave-compensated offshore cranes from the wholly-owned subsidiaries of a Malaysian shipbuilding and vessel chartering group, Coastal Contracts Bhd (together with its subsidiaries "Coastal Group"). The cranes are destined for two 85m newly-built offshore support vessels, currently under construction within the group. "There was strong competition for these new orders," said Frode Grovan, Cargotec Director, Sales and Marketing, Advanced Load Handling. The delivery of the offshore cranes is scheduled within 14 months, and they will be manufactured in China.