Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Swissco grabs $7.17m charter contracts

Swissco grabs $7.17m charter contracts
Swissco Holdings has secured charter contracts worth $7.17m for two anchor handling tug supply (AHTS) vessels for deployment in West Africa.

The two-year contracts were given to Swissco by a UAE oil and gas company operating in West Africa and the contracts come with three optional extensions of one year each.

Meanwhile, Swissco also clinched immediate short term contracts for two of its newly delivered offshore support vessels.

Both the AHTS vessel and the multi-purpose workboat with DP1 capabilities have already been mobilised to the work sites.

Alex Yeo, ceo of Swissco, believed that demand for the company's vessels remains healthy. “We believe that chartering side will continue to see strong demand and with that background, we are focused on our vessel expansion and fleet renewal program to enhance our fleet capabilities,” Yeo said.

Singapore-listed Swissco currently has a fleet of 33 offshore vessels and eight are under construction. The ships range from AHTS vessels, barges, accommodation barges, utility vessels and crew boats.

TAGS: Offshore