The two new offshore vessels will be deployed immediately after Swissco takes delivery of them in December 2013 and January 2014, the company announced.
The first AHTS vessel will be deployed for a minimum of 12 months in the Middle East with a sale and purchase option exercisable after the charter period.
The second anchor handler will be deployed for a total of 27 months in North East Australia.
“The offshore oil and gas sector outlook remains healthy and continue to spur on demand for our offshore support vessels,” said Alex Yeo, ceo of Swissco.
“We believe that vessel chartering services will continue to witness robust demand and with that backdrop, we will continue to focus on our vessel expansion and fleet renewal program to enhance our fleet capabilities in order to meet the needs of our clients,” Yeo added.
Swissco currently has 11 vessels under construction, comprising of AHTS vessels, accommodation vessels, utility tugs, crew boats and barges. It owns and operates a fleet of 33 offshore vessels.
Earlier this month, the Singapore-listed company recorded a third quarter net profit of SGD6.41m, an increase of 85% compared to the same period of last year.
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