Swissco orders three more

DECEMBER 4, 2013 — Singapore based Swissco Holdings has placed orders for two 80 tonnes bollard pull anchor handling tug supply vessels with dynamic positioning capability and a 36 m fast utility/crew boat with a one plus one option. The newbuild vessels, excluding owner supplied equipment, are worth an aggregate of Singapore $42 million. They will be built in Chinese shipyards

The Swissco fleet currently totals 32 vessels with a further 17 on order,

"We believe that the heightened demand for offshore support vessels will remain sustainable on the back of healthy level of activities in the robust oil and gas industry and we will continue to tap on this growing demand by enhancing our fleet capabilities through our vessel expansion and fleet renewal program," said Mr. Robert Chua, Executive Chairman of Swissco.

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